20+ Leonia Holistic Destination Interview Questions and Answers

Accounts receivable is money owed to a company by its customers, while accounts payable is money a company owes to its suppliers.

• Accounts receivable is an asset on a company's balance sheet

• Accounts payable is a liability on a company's balance sheet

• Accounts receivable represents sales that have been made but not yet collected

• Accounts payable represents purchases that have been made but not yet paid for

• Examples of accounts receivable include outstanding invoices from customers...read more

Bank reconciliation statement is a document that compares the bank statement with the company's records.

• It helps to identify any discrepancies between the two records.

• It includes items such as deposits in transit, outstanding checks, and bank errors.

• The goal is to ensure that the company's records match the bank's records.

• It is an important tool for detecting fraud or errors in accounting.

• Example: If a company records a check as being cashed, but the bank statement shows that...read more

Bookkeeping is the recording of financial transactions, while accountancy involves analyzing and interpreting financial data.

• Bookkeeping involves recording financial transactions such as sales, purchases, and payments.

• Accountancy involves analyzing and interpreting financial data to provide insights and make informed decisions.

• Bookkeeping is the foundation of accountancy, providing the data needed for analysis and interpretation.

• Accountants use various tools and techniques to...read more

TDS stands for Tax Deducted at Source. It is a tax collection mechanism in India.

• TDS is a system where tax is deducted at the source of income itself.

• It is applicable to various types of income such as salary, interest, commission, rent, etc.

• The person who is making the payment is liable to deduct TDS and deposit it with the government.

• The rate of TDS varies depending on the type of income and the amount being paid.

• The person receiving the income can claim credit for the TDS ...read more

Chemicals used in artificial fabric include polyester, nylon, acrylic, and rayon.

• Polyester is a synthetic fiber made from petroleum-based chemicals.

• Nylon is a synthetic polymer made from petrochemicals.

• Acrylic is a synthetic fiber derived from acrylonitrile, a chemical compound.

• Rayon is a semi-synthetic fiber made from cellulose, often derived from wood pulp.

GST stands for Goods and Services Tax, a value-added tax levied on the supply of goods and services in India.

• GST is a comprehensive indirect tax that replaced multiple indirect taxes in India.

• It is levied on the value addition at each stage of production or distribution.

• There are four components of GST: CGST, SGST, IGST, and UTGST.

• CGST and SGST are levied by the central and state governments, respectively, on intra-state transactions.

• IGST is levied by the central government o...read more

Depreciation is the decrease in value of an asset over time due to wear and tear, obsolescence or other factors.

• Depreciation is a non-cash expense that reduces the value of an asset on the balance sheet

• It is calculated based on the useful life of the asset and the method of depreciation chosen

• Examples of assets that are subject to depreciation include buildings, vehicles, and machinery

The balance sheet is a financial statement that shows a company's assets, liabilities, and equity at a specific point in time.

• It provides a snapshot of a company's financial position

• Assets are listed first, followed by liabilities and equity

• The equation Assets = Liabilities + Equity must always balance

• It is used by investors, creditors, and management to assess a company's financial health

My life goal is to continuously learn, grow, and make a positive impact on the world.

• To continuously learn and grow in my personal and professional life

• To make a positive impact on the world through my work and actions

• To build meaningful relationships with family, friends, and colleagues

• To achieve financial stability and security

• To travel and experience different cultures

• To maintain a healthy and active lifestyle

Natural fabric is made from materials found in nature, while artificial fabric is made from synthetic materials.

• Natural fabrics include cotton, silk, wool, and linen.

• Artificial fabrics include polyester, nylon, acrylic, and rayon.

• Natural fabrics are breathable and comfortable to wear.

• Artificial fabrics are often more durable and resistant to wrinkles.

• Examples of natural fabric: cotton t-shirt, silk scarf, wool sweater.

• Examples of artificial fabric: polyester dress, nylon jack...read more

Sorting in C language refers to arranging elements in a specific order.

• C language provides various sorting algorithms like bubble sort, insertion sort, selection sort, merge sort, quick sort, etc.

• Sorting can be performed on arrays, linked lists, or other data structures.

• The standard library function 'qsort' can be used for sorting arrays in C.

• Sorting can be done in ascending or descending order based on the comparison function provided.

There are numerous types of fabric used in various industries and applications.

• Fabrics can be categorized based on their composition, weave, and finish.

• Common types of fabric include cotton, silk, wool, polyester, nylon, and linen.

• Fabrics can also be classified as natural, synthetic, or blended.

• Different fabrics have different properties and are suitable for different purposes.

• For example, cotton is breathable and comfortable, while polyester is durable and wrinkle-resistant.

A metric micrometer is typically measured in increments of 0.01 mm.

• Metric micrometers are commonly used in precision engineering and machining.

• The smallest count of a metric micrometer is usually 0.01 mm.

• For example, a metric micrometer may have a range of 0-25 mm with increments of 0.01 mm.

ICA stands for Information and Communication Technology Agency. It is a government agency in Sri Lanka responsible for implementing ICT policies and initiatives.

• ICA is a government agency in Sri Lanka

• It is responsible for implementing ICT policies and initiatives

• ICA works towards promoting the use of technology in various sectors

• It aims to bridge the digital divide in the country

Faraday's Law states that a change in magnetic field induces an electromotive force, while Lenz's Law states that the induced electromotive force opposes the change in magnetic field.

• Faraday's Law: A change in magnetic field induces an electromotive force

• Lenz's Law: The induced electromotive force opposes the change in magnetic field

• Faraday's Law is the basis for electromagnetic induction

• Lenz's Law ensures conservation of energy in electromagnetic processes

Yes

• I do have stage fear.

• However, I have been actively working on overcoming it.

• I have taken public speaking courses and participated in various events to improve my confidence on stage.

• I have learned techniques to manage anxiety and nervousness, such as deep breathing and visualization.

• I have also practiced delivering presentations in front of small groups to gradually build my comfort level.

• Although I may still feel some nervousness, I believe that with continued practice an...read more

ICAI aims to regulate the profession of Chartered Accountancy in India.

• Regulating the profession of Chartered Accountancy in India

• Conducting exams and providing certification

• Promoting ethical and professional standards

• Providing continuing education and development opportunities

• Enforcing disciplinary actions against members who violate regulations

Cutting tools are instruments used to cut materials such as wood, metal, or fabric.

• Scissors

• Utility knife

• Chainsaw

• Hacksaw

• Pruning shears