Iema Research & Development Interview Questions and Answers

Triggers are database objects that automatically execute in response to certain events or changes in data.

• Triggers are used to enforce business rules or data integrity.

• They can be used to audit changes to data.

• Triggers can be set to execute before or after an event, such as an insert, update, or delete operation.

• They can be defined on tables, views, or schemas.

• Examples of triggers include sending an email notification ...read more

Accrual account is a type of account that records revenue or expenses that have been earned or incurred but not yet received or paid.

• Accrual accounting recognizes revenue and expenses when they are earned or incurred, regardless of when the cash is received or paid.

• Accrual accounts are used to record these transactions until they are paid or received.

• Journal entry is the process of recording a transaction in the accoun...read more

Reconciliations involve comparing financial records to identify discrepancies and resolve them.

• Reconciliations are important for ensuring accuracy in financial reporting.

• The process involves comparing two sets of records, such as bank statements and accounting records.

• Any discrepancies are identified and investigated to determine the cause.

• Examples of reconciliations include bank reconciliations, accounts receivable re