Ahluwalia Contracts India Senior Planning Engineer Interview Questions, Process, and Tips

A balanced budget is a financial plan where income equals expenses, resulting in no deficit or surplus.

• A balanced budget ensures that a company or government does not spend more than it earns.

• It requires careful planning and monitoring of income and expenses.

• A balanced budget can help maintain financial stability and prevent debt accumulation.

• Examples of balanced budgets include when a government's total revenue matche...read more

MIS stands for Management Information System. It is a computer-based system that provides information for decision-making.

• MIS collects, processes, and stores data from various sources.

• It generates reports and provides analysis to support decision-making.

• MIS can be used in various industries such as healthcare, finance, and manufacturing.

• Examples of MIS software include SAP, Oracle, and Microsoft Dynamics.

• MIS can help o...read more

Cashflow is the movement of money in and out of a business. It is used to track and manage financial resources.

• Cashflow is the net amount of cash and cash equivalents that flow in and out of a business.

• It is important for businesses to manage their cashflow to ensure they have enough funds to pay their bills and invest in growth.

• Cashflow can be positive (more money coming in than going out) or negative (more money goin...read more