300+ Infosys BPM Interview Questions and Answers

SCD type 2 is a method of tracking historical changes in data, while incremental load is the process of updating only new or changed data.

• SCD type 2 involves creating a new record for each change in data, with a start and end date for each version.

• Incremental load involves comparing new data to existing data and only updating or inserting new records.

• Both are commonly used in data warehousing and ETL processes.

• Example: tracking changes in customer addresses over time using SC...read more

Prepaid expenses are assets paid for in advance but not yet used, so the accounting entry involves debiting an asset account and crediting a liability account.

• Debit the Prepaid Expense account (asset account) to increase its balance

• Credit the Cash/Bank account or Accounts Payable account to decrease the balance

• As the prepaid expense is used up, it is recognized as an expense on the income statement

• Examples: Prepaid rent, insurance, supplies

Six Sigma techniques include DMAIC, Lean Six Sigma, Root Cause Analysis, and Statistical Process Control.

• DMAIC (Define, Measure, Analyze, Improve, Control) is a structured problem-solving methodology used to improve processes.

• Lean Six Sigma combines Six Sigma methods with Lean manufacturing principles to reduce waste and improve efficiency.

• Root Cause Analysis is a technique used to identify the underlying cause of a problem or defect.

• Statistical Process Control involves using...read more

SLAs are agreements between a service provider and a customer that outline the level of service expected.

• SLAs define the scope, quality, and responsibilities of the service provider.

• They include metrics such as response time, resolution time, and uptime guarantees.

• Penalties may be specified for failing to meet SLA requirements.

• Examples include a web hosting company guaranteeing 99.9% uptime or a call center promising to answer calls within 30 seconds.

Guarantee is a promise to perform a duty or pay a debt if the other party fails to do so, while indemnity is a protection against loss or damage.

• Guarantee is a secondary obligation, triggered only if the primary obligation is not fulfilled.

• Indemnity is a primary obligation, providing protection against loss or damage.

• Guarantee involves three parties - guarantor, beneficiary, and obligor.

• Indemnity involves two parties - indemnifier and indemnitee.

• Examples of guarantee include ...read more

Prepaid expense is an advance payment made for goods or services that will be received in the future.

• Prepaid expenses are recorded as assets on the balance sheet

• They are gradually expensed over time as the goods or services are received

• Examples include prepaid rent, insurance premiums, and subscriptions

• Prepaid expenses are commonly used in industries such as real estate and insurance

Identifying potential risks in a process involves thorough analysis and evaluation of each step to anticipate possible issues.

• Conducting a comprehensive risk assessment to identify potential hazards

• Analyzing past data and trends to predict future risks

• Engaging stakeholders to gather insights on potential risks

• Utilizing risk management tools and techniques such as SWOT analysis

• Creating contingency plans to mitigate identified risks

Tests for normal distribution include Shapiro-Wilk test, Kolmogorov-Smirnov test, and Anderson-Darling test.

• Shapiro-Wilk test: Tests if a sample comes from a normally distributed population.

• Kolmogorov-Smirnov test: Tests if a sample comes from a specific distribution (e.g., normal).

• Anderson-Darling test: Tests if a sample comes from a particular distribution (e.g., normal).

New applications and uses are constantly being developed for processing technology.

• Processing technology is being used in fields such as finance, healthcare, and entertainment.

• New applications include virtual reality, machine learning, and data visualization.

• Processing technology is being used to improve efficiency, accuracy, and decision-making.

• Examples of new uses include fraud detection in finance, medical imaging in healthcare, and video game development in entertainment.

Order to cash is the process of receiving and fulfilling customer orders, invoicing, and receiving payment.

• Order to cash involves receiving customer orders

• Processing the orders

• Invoicing the customer

• Receiving payment for the order

• It is a key process in the accounts receivable cycle

Procure to pay is the process of obtaining goods or services from a vendor, including the steps of requisition, purchase order, receiving, invoice approval, and payment.

• Procure to pay involves the entire process of purchasing goods or services from a vendor.

• It typically includes steps such as requisitioning, creating purchase orders, receiving the goods or services, approving invoices, and making payments.

• The process aims to ensure that goods or services are obtained in a tim...read more

A sales invoice is a document issued by a seller to a buyer, detailing the products or services sold, the quantity, price, and payment terms.

• Sales invoice is a legal document that serves as proof of a transaction between a seller and a buyer.

• It includes details such as the date of the transaction, invoice number, payment terms, and any applicable taxes.

• The invoice also lists the products or services sold, along with their quantities and prices.

• It is used for accounting and re...read more

To abstract content from a contract, one must carefully review and summarize key terms, obligations, rights, and responsibilities.

• Read the contract thoroughly to understand the scope and purpose of the agreement

• Identify key terms, obligations, rights, and responsibilities outlined in the contract

• Summarize the main points in a clear and concise manner

• Use headings, bullet points, or tables to organize the information for easy reference

• Ensure accuracy and completeness in the abs...read more

An index is a statistical measure of change in a market or economy. There are different types of indexes and their values are calculated differently.

• An index is used to track the performance of a specific market or economy.

• Types of indexes include stock market indexes, bond market indexes, and economic indexes.

• Stock market indexes include the S&P 500, Dow Jones Industrial Average, and NASDAQ Composite.

• Bond market indexes include the Barclays Capital Aggregate Bond Index and t...read more

Accruals are expenses incurred but not yet paid or revenues earned but not yet received.

• Accruals are used to match expenses and revenues to the period in which they are incurred or earned.

• The entry for accruals involves debiting an expense account and crediting a liability account.

• Examples of accruals include accrued salaries, accrued interest, and accrued taxes.

Prepaid refers to an expense that has been paid for in advance but has not yet been incurred.

• Prepaid expenses are considered assets on a company's balance sheet until they are used or expire.

• The entry for prepaid expenses involves debiting an asset account (prepaid expense) and crediting a liability or expense account.

• Example: If a company pays for a one-year insurance policy in advance, the entry would involve debiting Prepaid Insurance and crediting Cash.

Yes, I have experience in AI/ML/Chatbot solutions.

• Developed chatbot solution for customer service in previous role

• Implemented machine learning algorithms for predictive analytics

• Worked on natural language processing for voice assistant application

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

• Depreciation is a method used in accounting to allocate the cost of an asset over its useful life.

• It represents the reduction in the value of an asset on the balance sheet.

• Depreciation can be calculated using various methods such as straight-line, declining balance, or units of production.

• For example, a company purchases a machine for $10,000 with an est...read more

Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.

• Recording financial transactions

• Summarizing financial data in financial statements

• Analyzing financial information to make business decisions

• Reporting financial results to stakeholders

• Ensuring compliance with financial regulations

• Examples: preparing balance sheets, income statements, cash flow statements

Transformers in machine learning are a type of deep learning model that uses self-attention mechanisms to process sequential data.

• Transformers consist of an encoder and a decoder, each composed of multiple layers of self-attention and feedforward neural networks.

• Self-attention allows the model to weigh the importance of different input tokens when making predictions.

• Transformers have been widely used in natural language processing tasks, such as language translation (e.g. Goo...read more

Facilitate Sprint planning meeting by setting agenda, ensuring participation, timeboxing discussions, and summarizing outcomes.

• Set agenda and goals for the meeting

• Ensure all team members participate and contribute

• Timebox discussions to stay on track

• Summarize key decisions and action items at the end

O365 is a cloud-based subscription service offered by Microsoft that includes various productivity tools.

• O365 includes applications like Word, Excel, PowerPoint, Outlook, and OneNote.

• It also includes cloud services like OneDrive, SharePoint, and Teams.

• Users can access O365 from anywhere with an internet connection and collaborate in real-time.

• O365 offers various plans for personal, business, and enterprise use.

• It provides regular updates and new features to improve productivi...read more

Periodic reviews are a systematic evaluation of processes to ensure compliance and identify areas for improvement.

• Periodic reviews involve assessing the effectiveness and efficiency of processes.

• They help identify any deviations from established standards or procedures.

• Reviews can be conducted through audits, inspections, or performance evaluations.

• The findings from reviews are used to implement corrective actions and improve processes.

• Examples of periodic reviews include qua...read more

A data analyst is a professional who collects, analyzes, and interprets data to help organizations make informed decisions.

• Data analysts collect and organize large sets of data from various sources.

• They use statistical techniques and tools to analyze the data and identify patterns, trends, and insights.

• Data analysts interpret the findings and present them in a clear and concise manner to stakeholders.

• They help organizations make data-driven decisions and solve business proble...read more

ASP.NET is a web development framework, ADO.NET is a data access technology, HTML is a markup language, CSS is a styling language, and JavaScript is a scripting language.

• ASP.NET is a framework for building web applications using C# or VB.NET

• ADO.NET is used for accessing and manipulating data from databases in .NET applications

• HTML is used for structuring content on web pages

• CSS is used for styling the appearance of web pages

• JavaScript is used for adding interactivity to web p...read more

A trial balance is a list of all the general ledger accounts contained in the ledger of a business.

• It is used to ensure that the total debits equal the total credits in the accounting records.

• It helps in detecting errors in the accounting process.

• It is prepared before the financial statements are finalized.

• Example: If the total debits in the trial balance equal the total credits, it means the accounts are balanced.

There are thousands of branches in India.

• India has a vast network of branches of various organizations including banks, government offices, educational institutions, and businesses.

• The number of branches in India is constantly increasing with the growth of the economy and the expansion of businesses.

• Some of the largest banks in India, such as State Bank of India and ICICI Bank, have thousands of branches across the country.

• The government of India has also established numerous...read more

VLOOKUP is a function in Excel used to search for a value in a table and return a corresponding value.

• Enter the formula =VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup]) in a cell

• lookup_value is the value to search for in the first column of the table

• table_array is the range of cells that contains the data

• col_index_num is the column number in the table from which to retrieve the data

• range_lookup is optional and can be TRUE for an approximate match or FALSE fo...read more

List is mutable and tuple is immutable in Python.

• List is defined using square brackets [], while tuple is defined using parentheses ().

• Elements in a list can be changed, added, or removed, while elements in a tuple cannot be changed once defined.

• Lists are used for collections of items that may need to be modified, while tuples are used for fixed collections of items.

• Example: list_example = [1, 2, 3] and tuple_example = (4, 5, 6)

The OSI (Open Systems Interconnection) model is a conceptual framework that standardizes the functions of a telecommunication or computing system into seven distinct layers.

• The OSI model helps in understanding how data is transmitted over a network.

• Each layer has specific functions and interacts with adjacent layers.

• Examples of OSI layers include Physical, Data Link, Network, Transport, Session, Presentation, and Application layers.

RAM stands for Random Access Memory and is a type of computer memory that is volatile and used for temporary storage. ROM stands for Read-Only Memory and is a type of computer memory that is non-volatile and used for permanent storage.

• RAM is used to store data that is actively being used by the computer's operating system and applications.

• RAM is faster to read from and write to compared to other types of storage.

• Examples of RAM include DDR4, DDR3, and SDRAM.

• ROM is used to sto...read more

P2P process is the procurement-to-payment process that involves all activities from purchasing to payment of goods and services.

• P2P process includes requisitioning, purchasing, receiving, invoicing, and payment

• It ensures that goods and services are procured at the best price and delivered on time

• ERS (Evaluated Receipt Settlement) is a P2P process where payment is made based on the receipt of goods or services

• ERS eliminates the need for a separate invoice and reduces the time ...read more

Technical Support Engineer is responsible for providing assistance and resolving technical issues.

• Provide technical assistance to customers via phone, email, or chat

• Troubleshoot and resolve hardware and software issues

• Document and track customer issues and resolutions

• Collaborate with other teams to escalate and resolve complex problems

• Train customers on product usage and troubleshooting techniques

To get current running processes, we can use the command 'ps' in the terminal.

• Open the terminal

• Type 'ps' command

• Press enter

• The list of current running processes will be displayed

Computer networking is the practice of connecting devices together to share resources and communicate with each other.

• Computer networking involves the use of hardware and software to connect devices together, such as computers, printers, and servers.

• Networking protocols, such as TCP/IP, are used to facilitate communication between devices.

• Examples of computer networks include local area networks (LANs), wide area networks (WANs), and the internet.

• Networking can also involve s...read more

Lean is a methodology focused on maximizing customer value while minimizing waste.

• Lean is about continuously improving processes to eliminate waste and increase efficiency.

• It involves identifying value from the customer's perspective and streamlining operations to deliver that value.

• Lean principles include Kaizen (continuous improvement), Just-in-Time production, and Jidoka (automation with a human touch).

• Examples of Lean tools and techniques include 5S (Sort, Set in order, S...read more

Accruals are expenses incurred but not yet paid or revenues earned but not yet received.

• Accruals are a key concept in accounting, representing expenses or revenues that have been incurred or earned but not yet recorded in the financial statements.

• Accruals help match expenses with revenues in the same accounting period, providing a more accurate picture of a company's financial performance.

• Examples of accruals include accrued interest, accrued salaries, and accrued taxes.

• Accru...read more

Consignment stock is inventory that is owned by the supplier but stored at the customer's location until it is used or sold.

• Consignment stock is owned by the supplier but stored at the customer's location.

• The supplier retains ownership until the stock is used or sold.

• The customer only pays for the stock when it is used or sold.

• Consignment stock can help reduce inventory costs for both the supplier and customer.

• Examples of consignment stock include vending machines and retail ...read more

To reduce global warming, we can take steps like reducing carbon emissions, promoting renewable energy, and adopting sustainable practices.

• Reduce carbon emissions by using public transport, carpooling, and reducing energy consumption

• Promote renewable energy by using solar panels, wind turbines, and hydroelectric power

• Adopt sustainable practices like recycling, reducing waste, and using eco-friendly products

• Plant more trees and support reforestation efforts

• Support policies and...read more

I approach problems by breaking them down into smaller components, analyzing each part thoroughly, and then developing a strategic plan to address the issue.

• Identify the root cause of the problem

• Gather relevant data and information

• Brainstorm potential solutions

• Evaluate the pros and cons of each solution

• Develop a strategic plan to address the problem

• Implement the plan and monitor progress

• Adjust the plan as needed based on feedback and results

XAMPP is a software package that includes Apache, MySQL, PHP, and Perl. It is commonly used for web development.

• Install XAMPP on your computer

• Start Apache and MySQL services in XAMPP control panel

• Create a PHP file in the 'htdocs' folder of XAMPP installation directory

• Use PHP code to establish a connection to a MySQL database

• Example: $conn = new mysqli('localhost', 'username', 'password', 'database_name');

Java has feathers like platform independence, garbage collection, and strong typing. C is a low-level language with manual memory management.

• Java is platform-independent, meaning it can run on any platform without recompiling the code.

• Java has automatic garbage collection, which means the programmer doesn't have to manually free up memory.

• Java is strongly typed, which means the type of a variable is checked at compile-time.

• C is a low-level language, which means it is closer t...read more

Program to reverse a string without using inbuilt methods

• Create an empty string to store the reversed string

• Iterate through the original string from end to start and append each character to the new string

• Return the reversed string

An operating system is a software that manages computer hardware and software resources and provides common services for computer programs.

• An OS acts as an interface between the user and the computer hardware.

• It manages memory, processes, and input/output devices.

• Examples of OS include Windows, macOS, Linux, and Android.

• View is a virtual table that displays data from one or more tables in a database.

• Tuples are rows in a table that contain data for each column.

Implementing ML models in AWS involves using various services for training, deployment, and management.

• Use Amazon SageMaker for building, training, and deploying ML models at scale.

• Leverage AWS Lambda for serverless inference of models.

• Utilize Amazon S3 for storing training data and model artifacts.

• Employ AWS Glue for data preparation and ETL processes.

• Integrate Amazon API Gateway to create APIs for model inference.

Cash book is a financial record that tracks all cash transactions of a business.

• It records all cash receipts and payments

• It helps in maintaining cash balance

• It is a subsidiary book of accounts

• It is used to prepare the cash flow statement

• Example: Petty cash book, Bank cash book

A decorator is a design pattern in software development that allows behavior to be added to individual objects, either statically or dynamically, without affecting the behavior of other objects from the same class.

• Decorators are used to modify the behavior of functions or classes without changing their source code.

• They are commonly used for adding functionalities such as logging, caching, authentication, etc.

• Decorators are implemented using higher-order functions or classes i...read more

Golden Rule of accounting states that sales increase assets and liabilities, while purchases decrease assets and liabilities.

• Sales increase assets and liabilities

• Purchases decrease assets and liabilities

• This rule helps in understanding the impact of sales and purchases on financial statements

A balance sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time.

• A balance sheet is used to show what a company owns (assets), what it owes (liabilities), and the amount invested by shareholders (equity).

• It helps investors, creditors, and analysts assess the financial health and stability of a company.

• The balance sheet follows the accounting equation: Assets = Liabilities + Shareholders'...read more

I will provide clear and detailed evidence of the bug, demonstrate its impact on the system, and collaborate with developers to find a solution.

• Gather detailed information about the bug, including steps to reproduce, screenshots, and logs.

• Explain the impact of the bug on the system, such as potential risks, customer impact, and business implications.

• Collaborate with developers in a respectful and professional manner, focusing on finding a solution together.

• Provide clear and c...read more

Account rules are guidelines and regulations that govern the management and use of financial accounts.

• Account rules dictate how financial transactions are recorded and reported

• They ensure compliance with legal and regulatory requirements

• Examples of account rules include the requirement to maintain accurate records and the prohibition of fraudulent activities

Accounts receivable is the money owed to a company by its customers for goods or services provided on credit.

• Accounts receivable represents the amount of money owed to a company by its customers.

• It is considered an asset on the company's balance sheet.

• Companies often offer credit terms to customers, allowing them to pay at a later date.

• Monitoring accounts receivable is important for cash flow management.

• Example: A company sells $1,000 worth of products to a customer on credit...read more

BPO industry is a crucial part of the global economy, providing cost-effective solutions to businesses worldwide.

• BPO industry offers a range of services including customer support, technical support, data entry, and more.

• It helps businesses save costs by outsourcing non-core functions to specialized service providers.

• BPO industry has been growing rapidly in recent years, especially in countries like India and the Philippines.

• It has also faced criticism for issues like data pr...read more

Six Sigma is a data-driven methodology used to improve processes by reducing defects and variations.

• Six Sigma aims to achieve near perfection in processes by identifying and eliminating causes of defects or errors.

• It uses statistical tools and techniques to measure and analyze process performance.

• The goal of Six Sigma is to reduce variation and improve efficiency, ultimately leading to cost savings and customer satisfaction.

• Six Sigma projects are typically led by trained prof...read more

The current Talend versions are Talend Open Studio for Data Integration 7.3 and Talend Data Fabric 7.3.

• Talend Open Studio for Data Integration 7.3 is the open-source version of Talend's data integration tool.

• Talend Data Fabric 7.3 is the enterprise version of Talend's data integration platform.

• Both versions provide powerful ETL capabilities and support various data integration tasks.

Testing without requirements

• Identify the purpose of the system or application

• Create test cases based on common user scenarios

• Use exploratory testing to uncover issues

• Collaborate with stakeholders to gather requirements

• Consider industry standards and best practices

• Document any assumptions made during testing

Accounts receivable are amounts owed to a company by customers for goods or services provided on credit.

• Accounts receivable represent the money that a company is owed by its customers.

• They are considered an asset on the company's balance sheet.

• Companies often offer credit terms to customers, allowing them to pay for goods or services at a later date.

• Examples include invoices sent to customers for products or services provided.

• Monitoring accounts receivable is important for ca...read more

HashMap is non-synchronized and allows null values, while HashTable is synchronized and does not allow null values.

• HashMap is non-synchronized, meaning it is not thread-safe, while HashTable is synchronized, making it thread-safe.

• HashMap allows null values for both keys and values, whereas HashTable does not allow null keys or values.

• HashMap is faster than HashTable as it is non-synchronized, but HashTable is preferred in multi-threaded environments for its thread-safety.

• Hash...read more

I have worked on various ITSM tools such as ServiceNow, BMC Remedy, and JIRA Service Desk.

• ServiceNow

• BMC Remedy

• JIRA Service Desk

Class components use ES6 classes and have lifecycle methods, while functional components are simpler and use functional syntax.

• Class components use ES6 classes to create components

• Functional components are simpler and use functional syntax

• Class components have lifecycle methods like componentDidMount, componentDidUpdate, etc.

• Functional components are stateless and do not have lifecycle methods

• Functional components are easier to read and test compared to class components

I will talk about the impact of technology on modern society.

• Technology has revolutionized communication, making it easier to connect with people around the world.

• Advancements in healthcare technology have led to improved treatments and increased life expectancy.

• The rise of social media has changed the way we interact and share information.

• Automation in industries has increased efficiency but also raised concerns about job displacement.

• Privacy concerns have emerged with the w...read more

I am familiar with a variety of T-Codes in SAP, including but not limited to FI, CO, MM, and SD modules.

• I am familiar with T-Codes related to Financial Accounting (FI) such as F-02 (Enter G/L Account Posting) and F-30 (Post with Clearing)

• I am knowledgeable about Controlling (CO) T-Codes like KSB1 (Cost Centers) and KSB2 (Cost Elements)

• I have experience with Material Management (MM) T-Codes like MIGO (Goods Movement) and ME21N (Create Purchase Order)

• I am also familiar with Sal...read more

Golden rules are basic principles or guidelines that are considered essential or fundamental in a particular field or context.

• Golden rules are foundational principles that serve as a guide for decision-making and behavior.

• They are often universally accepted and are considered essential for success.

• Examples of golden rules include 'treat others as you would like to be treated' and 'honesty is the best policy.'

General entries are created to record financial transactions in the accounting system.

• Identify the accounts involved in the transaction

• Determine whether it is a debit or credit entry for each account

• Ensure that the total debits equal the total credits

• Record the entry in the general ledger

Posting PO invoice involves matching the invoice to the purchase order and receipt, entering the invoice details into the accounting system, and approving for payment.

• Match the invoice to the purchase order and receipt to ensure accuracy

• Enter the invoice details such as invoice number, date, amount, and vendor information into the accounting system

• Verify that the goods or services were received and are in accordance with the purchase order

• Obtain necessary approvals for paymen...read more

ROI for automation can be calculated by comparing the cost savings and productivity gains with the initial investment.

• Identify the initial investment cost for automation

• Calculate the cost savings achieved through automation

• Calculate the productivity gains achieved through automation

• Compare the cost savings and productivity gains with the initial investment cost

• ROI = (Cost savings + Productivity gains) / Initial investment cost

Amortization entry is a financial accounting process of spreading the cost of an intangible asset over its useful life.

• Amortization entry is used to allocate the cost of intangible assets such as patents, copyrights, and trademarks over their useful life.

• It helps in matching the expense of the asset with the revenue it generates.

• The entry typically involves debiting amortization expense and crediting accumulated amortization.

• For example, if a patent costing $10,000 has a usef...read more

Accounting fundamentals are the basic principles and concepts that guide the preparation and presentation of financial statements.

• Accounting equation (Assets = Liabilities + Equity)

• Double-entry accounting

• Accrual vs. cash basis accounting

• Revenue recognition principles

• Matching principle

• Conservatism principle

• Historical cost principle

• Materiality principle

Address non-working team members by setting clear expectations, providing support, offering feedback, and taking appropriate disciplinary action if necessary.

• Communicate openly and honestly with the non-working team member to understand any underlying issues or challenges they may be facing.

• Set clear performance expectations and goals for the team member, and provide regular feedback on their progress.

• Offer support and resources to help the team member improve their performan...read more

CHI-Square Distribution is a probability distribution used in statistical tests to determine the significance of relationships between categorical variables.

• Used in hypothesis testing to determine if there is a significant association between two categorical variables

• Calculates the difference between observed and expected frequencies

• Commonly used in goodness-of-fit tests and tests of independence

• Example: Testing if there is a relationship between gender and voting preference

Java strings are immutable to ensure security, thread safety, and performance optimization.

• Immutable strings prevent malicious code from modifying the string content.

• Immutable strings can be safely shared across multiple threads without synchronization issues.

• Immutable strings allow for efficient memory allocation and garbage collection.

• String pool in Java is possible because of immutability.

• Examples of immutable classes in Java include Integer, Float, and Boolean.

It is subjective to determine the best company in India as it depends on various factors such as industry, revenue, growth, and reputation.

• Some of the top companies in India across different industries include Tata Group, Reliance Industries, Infosys, HDFC Bank, and Hindustan Unilever Limited.

• Factors to consider when determining the best company include market share, financial performance, innovation, corporate social responsibility, and employee satisfaction.

• The best company...read more

Accounts Payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.

• Accounts Payable is a liability on the balance sheet

• It represents the company's obligation to pay off short-term debts to suppliers

• Examples include invoices from vendors for inventory purchases or services rendered

Port numbers are communication endpoints in networking used to identify different services or processes.

• Port numbers range from 0 to 65535

• Well-known port numbers are reserved for specific services (e.g. HTTP uses port 80)

• Port numbers help in directing network traffic to the correct application or service

• They are part of the TCP/IP protocol suite

DBMS stands for Database Management System. Yes, I am aware of MySQL.

• DBMS is a software that manages databases, allowing users to interact with the data stored within them.

• MySQL is a popular open-source relational database management system.

• DBMS provides functionalities like data storage, retrieval, update, and deletion.

• MySQL uses SQL (Structured Query Language) for querying and managing the database.

• DBMS ensures data integrity, security, and concurrency control.

My expected CTC is based on my experience, qualifications, and the industry standards.

• My expected CTC is in line with the average salary for an Accountant in this industry.

• I have taken into consideration my years of experience and relevant qualifications when determining my expected CTC.

• I am open to negotiation based on the overall compensation package offered by the company.

Mortgage is a loan taken to buy a property. Insurance is a contract that provides financial protection against loss or damage.

• Mortgage is a type of loan used to purchase a property, where the property itself serves as collateral for the loan.

• Insurance is a contract between an individual or entity and an insurance company, where the individual or entity pays a premium in exchange for financial protection against loss or damage.

• There are different types of insurance, such as he...read more

SQL queries are used to retrieve and manipulate data from databases. Here are 5 common queries.

• SELECT: retrieves data from one or more tables

• UPDATE: modifies existing data in a table

• DELETE: removes data from a table

• INSERT INTO: adds new data to a table

• JOIN: combines data from two or more tables based on a related column

There are various types of servers and windows operating systems.

• Types of servers: file servers, web servers, application servers, database servers, mail servers, print servers, etc.

• Types of windows: Windows 10, Windows 8.1, Windows 7, Windows Server 2019, Windows Server 2016, Windows Server 2012, etc.

• Windows operating systems can also be categorized as client operating systems and server operating systems.

Accounts payable is the amount of money a company owes to its vendors or suppliers for goods or services received but not yet paid for.

• Accounts payable is a liability on the balance sheet

• It represents the amount owed to vendors or suppliers

• It includes invoices received but not yet paid

• It is an important part of cash flow management

• Examples include rent, utilities, and inventory purchases

Apex is a programming language used in Salesforce for customizing applications. SOQL is a query language used to search Salesforce data. Triggers are code snippets that execute before or after a record is inserted, updated, or deleted.

• Apex is similar to Java and is used to create custom business logic and integrations with external systems.

• SOQL is used to retrieve data from Salesforce objects and can be used in Apex code or the Salesforce Developer Console.

• Triggers are used t...read more

The ceremonies of Scrum are essential meetings that help teams collaborate, plan, and review progress.

• Sprint Planning: Team plans the work to be done in the upcoming sprint.

• Daily Standup: Team members discuss what they did yesterday, what they plan to do today, and any blockers.

• Sprint Review: Team demonstrates the work completed during the sprint and gathers feedback.

• Sprint Retrospective: Team reflects on the sprint and identifies ways to improve.

• Backlog Refinement: Team revi...read more

Service desk is a centralized point of contact for users to get help with IT issues and requests.

• Provides technical support and assistance to users

• Handles incidents and service requests

• Logs and tracks issues in a ticketing system

• Resolves issues or escalates to higher level support

• Communicates with users regarding status and resolution

Indemnity and warranty are important in service agreements to protect both parties from potential risks and liabilities.

• Indemnity clause ensures one party compensates the other for losses or damages incurred due to specified events.

• Warranty clause guarantees the quality and performance of the services provided.

• Indemnity and warranty clauses help clarify responsibilities and mitigate risks for both parties.

• Examples: A software company providing services to a client may include...read more

Active Directory is a directory service developed by Microsoft for Windows domain networks.

• Centralized database for managing network resources and users

• Allows administrators to assign policies, deploy software, and apply critical updates

• Enables single sign-on for users to access multiple applications and resources with one set of credentials

Derivatives are financial instruments whose value is derived from an underlying asset. Ratios are mathematical expressions that compare two or more values.

• Derivatives can be used for hedging or speculation.

• Examples of derivatives include futures, options, and swaps.

• Ratios can be used to analyze financial statements and performance.

• Examples of ratios include price-to-earnings ratio and debt-to-equity ratio.

Pr to Po execution refers to the process of converting purchase requisitions (Pr) into purchase orders (Po) in a business setting.

• Pr to Po execution involves reviewing and approving purchase requisitions submitted by various departments or employees.

• Once approved, the purchase requisitions are converted into purchase orders by the procurement team.

• The purchase orders include details such as item description, quantity, price, delivery date, and vendor information.

• After the pur...read more

Yes, I am experienced in handling multiple chats simultaneously to provide efficient support.

• I have experience in multitasking and prioritizing tasks effectively.

• I am skilled in managing time efficiently to ensure all chats are addressed in a timely manner.

• I can quickly switch between chats while maintaining a high level of customer service.

• Example: I have successfully handled 4 chats simultaneously in my previous role as a Technical Support Specialist.

A compiler is a program that translates source code into machine code.

• Compilers are used to convert high-level programming languages into low-level machine code.

• They perform lexical analysis, syntax analysis, semantic analysis, and code generation.

• Examples of compilers include GCC, Clang, and Visual C++.

• Compilers can optimize code for performance and size.

• Class files are the compiled output of Java source code, containing bytecode that can be executed on the Java Virtual Mach...read more

Digital marketing will continue to evolve with advancements in technology and data analytics.

• Artificial intelligence and machine learning will play a bigger role in personalization and automation.

• Voice search and smart speakers will change the way people search for information and make purchases.

• Video content will become even more important as platforms like TikTok and Instagram Reels gain popularity.

• Privacy concerns will lead to more emphasis on first-party data and transpar...read more

On Account refers to a transaction where payment is made at a later date.

• On Account transactions are recorded as accounts receivable on the balance sheet.

• It represents a promise to pay for goods or services received.

• Common in business-to-business transactions where credit terms are offered.

• Example: A customer purchases goods on account and agrees to pay within 30 days.

A protocol is a set of rules or guidelines that define how objects interact with each other in a specific context.

• Protocols define methods that a class must implement to conform to the protocol

• They can also define properties, initializers, and associated types

• Classes, structs, and enums can adopt protocols to inherit their behavior

OSI model is a conceptual model that characterizes and standardizes the communication functions of a telecommunication or computing system. APIPA is a Microsoft Windows operating system feature that assigns a unique IP address to a computer when DHCP servers are not available.

• OSI model has 7 layers that define how data is transmitted over a network

• APIPA stands for Automatic Private IP Addressing

• APIPA assigns a unique IP address in the range of 169.254.0.1 to 169.254.255.254

• AP...read more

Principles of accounting are fundamental guidelines and rules that govern the field of accounting.

• Accrual principle: Revenue and expenses are recorded when they are earned or incurred, not when cash is exchanged.

• Consistency principle: Accounting methods and procedures should be consistent from one period to another.

• Materiality principle: Only significant information that would influence the decision-making of users should be disclosed.

• Matching principle: Expenses should be ma...read more

Three way matching is a process used in accounting to ensure that the purchase order, invoice, and receiving report all match before payment is made.

• Three way matching involves comparing the purchase order, invoice, and receiving report to ensure accuracy.

• It helps prevent errors such as overbilling or paying for goods that were not received.

• If all three documents match, the payment can be processed.

• If there are discrepancies, they must be resolved before payment is made.

• Examp...read more

A credit card is a payment card issued by a financial institution that allows the cardholder to borrow funds to pay for goods and services.

• Credit cards allow users to make purchases on credit, with the promise to repay the borrowed amount at a later date.

• They often come with a credit limit, which is the maximum amount the cardholder can borrow.

• Interest is charged on the outstanding balance if not paid in full by the due date.

• Credit cards may also offer rewards, cashback, or o...read more

Infra monitoring refers to the process of monitoring the health and performance of an organization's IT infrastructure.

• It involves monitoring various components such as servers, networks, databases, and applications.

• The goal is to identify and resolve issues before they impact the end-users.

• Tools such as Nagios, Zabbix, and SolarWinds are commonly used for infra monitoring.

• Infra monitoring can also involve setting up alerts and notifications for critical events.

• It helps in ma...read more

PTP cycle stands for Procure-to-Pay cycle, which is the process of obtaining goods or services from a vendor to making a payment for them.

• PTP cycle involves requisitioning, purchasing, receiving, invoicing, and payment processes.

• It starts with a purchase requisition, followed by purchase order creation, goods receipt, invoice receipt, and ends with payment to the vendor.

• The cycle ensures that goods or services are received, invoices are accurate, and payments are made in a ti...read more