Excellent Projects Interview Questions, Process, and Tips

The accounting cycle is a series of steps that businesses take to record financial transactions and prepare financial statements.

• The accounting cycle starts with identifying and analyzing transactions.

• Transactions are then recorded in the general journal.

• The transactions are then posted to the general ledger.

• Trial balance is prepared to ensure debits equal credits.

• Adjusting entries are made to update accounts for accru...read more

The accounting cycle is a series of steps that businesses take to record financial transactions and prepare financial statements.

• The accounting cycle starts with identifying and analyzing transactions.

• Transactions are then recorded in the general journal.

• The transactions are then posted to the general ledger.

• Trial balance is prepared to ensure debits and credits are equal.

• Adjusting entries are made to update accounts f...read more

WBS stands for Work Breakdown Structure. It is a hierarchical decomposition of the total scope of work to be carried out by the project team.

• WBS breaks down the project into smaller, more manageable components.

• Each component is further broken down into smaller tasks or activities.

• Helps in organizing and planning the project work effectively.

• Provides a visual representation of the project scope and deliverables.

• Example:...read more

Types of waterproofing include cementitious, bituminous, polyurethane, and acrylic coatings.

• Cementitious waterproofing: Uses cement-based materials to create a barrier against water penetration.

• Bituminous waterproofing: Utilizes bitumen or asphalt to provide waterproofing protection.

• Polyurethane waterproofing: Involves the use of polyurethane membranes or coatings for waterproofing.

• Acrylic coatings: Form a protective l...read more