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I was interviewed in Feb 2025.
I balance my professional life and studies through effective time management, prioritization, and self-discipline.
I create a detailed schedule that allocates specific time blocks for work and study, ensuring I stay organized.
I prioritize tasks based on deadlines and importance, allowing me to focus on high-impact assignments first.
I utilize tools like calendars and task management apps to keep track of both work respon...
Cash flow types include operating, investing, and financing; direct and indirect methods differ in presentation and calculation.
Types of cash flow: Operating, Investing, Financing.
Operating cash flow: Cash generated from core business activities.
Investing cash flow: Cash used for investments in assets or securities.
Financing cash flow: Cash received from or paid to investors and creditors.
Direct cash flow: Lists actual...
Depreciation is not charged on land due to its indefinite lifespan and potential for appreciation.
Land is considered a non-depreciable asset because it does not wear out or get used up over time.
Unlike buildings or machinery, land does not have a finite useful life.
Land often appreciates in value due to factors like location and demand, contrasting with depreciable assets.
For example, a plot of land in a growing urban ...
The P2P cycle involves the process of procuring goods and services, from requisition to payment.
1. Requisition: Initiating a purchase request, e.g., a department needing office supplies.
2. Purchase Order: Creating a formal order to the supplier, ensuring terms are clear.
3. Receipt of Goods/Services: Confirming delivery and quality of items received.
4. Invoice Processing: Matching the supplier's invoice with the purchas...
VLOOKUP is an Excel function used to search for a value in the first column of a table and return a value in the same row from a specified column.
VLOOKUP stands for 'Vertical Lookup'.
Syntax: VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup]).
Example: =VLOOKUP(A2, B2:D10, 3, FALSE) looks for the value in A2 within the first column of B2:D10 and returns the corresponding value from the third column.
The 'ra...
I have a notice period of one month, and I plan to manage my studies by creating a structured schedule and prioritizing tasks.
Create a detailed study schedule that allocates specific time slots for studying each subject.
Utilize weekends and evenings for intensive study sessions to maximize productivity.
Incorporate breaks to avoid burnout and maintain focus during study periods.
Use productivity tools like calendars or a...
HMV and LMV in GST refer to High Value and Low Value transactions, impacting compliance and reporting requirements.
HMV (High Value) transactions are those exceeding a specified monetary threshold, requiring detailed reporting.
LMV (Low Value) transactions are those below the threshold, often subject to simplified compliance.
For example, if the threshold is set at ₹2,50,000, any transaction above this is HMV, while those...
GSTR-1 is a monthly return for outward supplies, while GSTR-3B is a summary return for GST payment.
GSTR-1 is filed by registered taxpayers to report sales and outward supplies.
It includes details like invoice-wise sales, credit/debit notes, and exports.
Example: A business selling goods worth ₹1,00,000 must report this in GSTR-1.
GSTR-3B is a simplified return for taxpayers to declare their GST liability.
It includes summ...
I applied via Naukri.com and was interviewed before May 2023. There were 2 interview rounds.
First step is aptitude test before HR round
Luca Pacioli is considered the father of accounting.
Luca Pacioli, an Italian mathematician, is often credited as the father of accounting for his work in the 15th century.
He wrote a book called 'Summa de Arithmetica, Geometria, Proportioni et Proportionalita' which included a section on double-entry bookkeeping.
Double-entry bookkeeping is a foundational concept in accounting that Pacioli helped popularize.
Depreciation is the allocation of the cost of a tangible asset over its useful life.
Depreciation is a non-cash expense that reduces the value of an asset over time.
It reflects the wear and tear, obsolescence, or decrease in value of the asset.
Common methods of calculating depreciation include straight-line, double declining balance, and units of production.
Example: A company purchases a delivery truck for $50,000 with ...
I applied via Walk-in and was interviewed before Apr 2020. There were 5 interview rounds.
I applied via Recruitment Consultant and was interviewed before Sep 2020. There were 3 interview rounds.
I applied via Campus Placement and was interviewed in Jul 2020. There was 1 interview round.
Java is platform independent due to its bytecode and JVM.
Java code is compiled into bytecode which is platform-independent.
JVM (Java Virtual Machine) interprets the bytecode and executes it on any platform.
JVM acts as an abstraction layer between the Java code and the underlying hardware.
This allows Java programs to run on any platform that has a JVM installed.
For example, a Java program written on a Windows machine ca...
I applied via Naukri.com and was interviewed before Nov 2020. There were 3 interview rounds.
I applied via Walk-in and was interviewed before May 2019. There were 5 interview rounds.
I applied via Walk-in and was interviewed before Jun 2020. There were 5 interview rounds.
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