Sony India Software Center Interview Questions and Answers

Assets are resources owned by a company while liabilities are debts owed by a company.

• Assets are things that a company owns and has value, such as property, equipment, and cash.

• Liabilities are debts that a company owes to others, such as loans, accounts payable, and taxes.

• The difference between assets and liabilities is known as equity or net worth.

• A company's balance sheet shows its assets, liabilities, and equity.

Negotiable instruments can be transferred to a third party while non-negotiable instruments cannot.

• Negotiable instruments are transferable to a third party without affecting its validity

• Non-negotiable instruments cannot be transferred to a third party

• Examples of negotiable instruments include checks, promissory notes, and bills of exchange

• Examples of non-negotiable instruments include receipts, invoices, and purchase orders

Purchase voucher F9, Contra F4 shortcut keys?

• F9 is the shortcut key for purchase voucher in most accounting software

• F4 is the shortcut key for contra voucher

• These shortcut keys save time and increase efficiency in data entry

Selling is an essential part of any business and requires a strategic approach to be successful.

• Selling involves understanding the customer's needs and providing solutions

• It requires building relationships and trust with customers

• Effective communication and negotiation skills are crucial

• Sales strategies should be aligned with the overall business goals

• Regular analysis and evaluation of sales performance is necessary for improvement

AML stands for Anti-Money Laundering. It is a set of laws, regulations, and procedures designed to prevent the illegal generation of income.

• AML is used to prevent money laundering and terrorist financing.

• It involves identifying and verifying the identity of customers and monitoring their transactions.

• AML regulations apply to financial institutions, casinos, and other businesses that deal with large amounts of cash.

• Examples of AML measures include customer due diligence, trans...read more