Autocomp Corporation Panse Interview Questions and Answers

DHU stands for Dynamic Host Configuration Protocol (DHCP) and it is a network management protocol used on IP networks.

• DHU is used to automatically assign IP addresses to devices on a network.

• It also provides other network configuration information such as the subnet mask and default gateway.

• DHU helps in reducing the administrative workload of assigning IP addresses manually.

• An example of DHU in action is when a computer connects to a network and automatically receives an IP a...read more

Four Point Inspection System is a comprehensive evaluation of the roof, plumbing, electrical, and HVAC systems of a property.

• It involves a detailed examination of the four main components of a property: roof, plumbing, electrical, and HVAC systems.

• The inspection is typically required for insurance purposes to assess the condition of these critical systems.

• Each component is evaluated for any potential issues or hazards that may affect the safety and integrity of the property.

• T...read more

TDS journal entry is a process of recording tax deducted at source in the books of accounts.

• Identify the TDS amount to be recorded

• Create a journal entry with TDS as the debit account and the relevant expense or vendor account as the credit account

• Enter the TDS amount and relevant details such as TDS certificate number and date

• Post the journal entry to the general ledger

• Reconcile the TDS amount with the TDS certificate received from the deductor

SAM (Social Accounting Matrix) is a framework to analyze economic interactions within an economy, while SMV (Subject Matter Expert) is an individual with specialized knowledge in a particular field.

• SAM is a tool used in economics to analyze the interrelationships between different sectors of an economy.

• SMV refers to an individual who possesses specialized knowledge and expertise in a specific subject area.

• SAM helps in understanding the flow of goods, services, and income with...read more

Tally ERP9 is an accounting software used for managing financial transactions and generating reports.

• Tally ERP9 is widely used by businesses for accounting and financial management.

• It can handle various financial transactions such as sales, purchases, inventory, payroll, and more.

• The software can generate various reports such as balance sheet, profit and loss statement, cash flow statement, and more.

• Tally ERP9 also offers features such as GST compliance, multi-currency suppor...read more

Switches connect devices within a network, while routers connect different networks together.

• Switches operate at Layer 2 of the OSI model and use MAC addresses to forward data within a network.

• Routers operate at Layer 3 of the OSI model and use IP addresses to route data between different networks.

• Switches are used to create local area networks (LANs) and connect devices like computers, printers, and servers.

• Routers are used to connect multiple LANs together to form a wide ar...read more