Ketan Software Interview Questions and Answers

Preparing a balance sheet involves organizing financial data to show assets, liabilities, and equity at a specific point in time.

• Gather all financial statements including income statement and cash flow statement

• List all assets such as cash, accounts receivable, and property

• Identify all liabilities like loans, accounts payable, and accrued expenses

• Calculate equity by subtracting liabilities from assets

• Ensure the balance...read more

SAP stands for Systems, Applications, and Products in Data Processing.

• SAP is a software company that develops enterprise software to manage business operations and customer relations.

• SAP offers various modules such as SAP ERP, SAP CRM, SAP BW, SAP HANA, etc.

• SAP Basis is the technical foundation that enables SAP applications to function.

• SAP Basis consultants are responsible for the installation, configuration, and maint

An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.

• Assets can be tangible (physical items like buildings, machinery) or intangible (such as patents, trademarks)

• Assets are typically listed on a company's balance sheet and can include cash, investments, inventory, and property

• Assets can be classified as current (...read more