Kaanra Technology Pitstop Executive Interview Questions and Answers

Capital refers to financial assets or resources that are used to generate income or wealth.

• Capital can include money, property, equipment, and investments.

• It is typically used to start or expand a business, make investments, or fund projects.

• Examples of capital include cash, stocks, real estate, machinery, and patents.

• Capital can be owned by individuals, companies, or governments.

• It is an essential component of economi

Accounting golden rules are fundamental principles that guide the recording of financial transactions.

• Accounting golden rules are the basic principles that govern the process of recording financial transactions.

• These rules ensure accuracy, consistency, and reliability in financial reporting.

• The three main golden rules are: 1) Debit the receiver, credit the giver; 2) Debit what comes in, credit what goes out; 3) Debit e...read more

Prepaid expenses are expenses paid in advance for goods or services that will be received in the future.

• Prepaid expenses are recorded as assets on the balance sheet until the goods or services are received.

• Examples of prepaid expenses include prepaid rent, insurance premiums, and subscriptions.

• Prepaid expenses are gradually expensed over time as the goods or services are received.

• Prepaid expenses are important for accu

Questions related to OOPs, database, and ML concepts.

• OOPs stands for Object-Oriented Programming which is a programming paradigm based on the concept of objects.

• Overloading is when multiple methods have the same name but different parameters, while overriding is when a subclass provides a specific implementation of a method that is already provided by its parent class.

• Polymorphism is the ability of an object to take on...read more