Lakshmi Machine Works Senior Sales Engineer Interview Questions and Answers

Accounts payable refers to the money a company owes to its vendors or suppliers for goods or services received.

• Accounts payable is a liability on the balance sheet.

• It is recorded when a company receives an invoice from a vendor or supplier.

• Payment terms are negotiated between the company and the vendor, such as net 30 or net 60.

• Examples of accounts payable include rent, utilities, and inventory purchases.

• Accounts payab...read more

Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions.

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

• It also involves classifying these transactions into categories such as assets, liabilities, and equity.

• Finally, accounting involves summarizing this information in financ...read more

A credit note is a document issued by a seller to a buyer, indicating that a refund or credit has been made to the buyer's account. A debit note is a document issued by a seller to a buyer, indicating that a debit has been made to the buyer's account.

• A credit note is issued when a seller owes money to a buyer, such as when a product is returned or a discount is given.

• A debit note is issued when a buyer owes money to a ...read more

Name mangling is a technique used by compilers to give unique names to functions and variables to avoid naming conflicts.

• Name mangling is used in C++ to support function overloading.

• It is also used in Python to avoid naming conflicts in modules.

• Name mangling can make it difficult to access variables and functions from outside the class in which they are defined.

• In C++, name mangling can be seen by using the 'nm' comman