Lexus India Security Executive Interview Questions and Answers

Component communication in Angular involves passing data between components.

• Parent to child communication using @Input decorator

• Child to parent communication using @Output decorator and EventEmitter

• Sibling component communication using a shared service

• Example: Passing data from parent component to child component using @Input() decorator

• Example: Emitting an event from child component to parent component using @Output()

Angular and React have different life cycle methods for components.

• Angular has OnInit, OnDestroy, and ngOnChanges methods.

• React has componentDidMount, componentWillUnmount, and componentDidUpdate methods.

• These methods allow developers to control what happens at different stages of a component's life cycle.

• For example, ngOnInit in Angular is called when a component is initialized, while componentDidMount in React is cal

Call, apply and bind are methods used to manipulate the 'this' keyword in JavaScript.

• Call method allows you to call a function with a specified 'this' value and arguments provided individually.

• Apply method allows you to call a function with a specified 'this' value and arguments provided as an array.

• Bind method returns a new function with a specified 'this' value and arguments provided as a list.

• Example: function greet...read more

ES6 features are new additions to JavaScript that make coding easier and more efficient.

• Arrow functions for concise syntax

• Let and const for block scoping

• Template literals for string interpolation

• Destructuring for easy object and array manipulation

• Spread and rest operators for easy array manipulation

• Classes for object-oriented programming

• Promises for asynchronous programming

• Default parameters for function arguments

• Modul

Process explanation refers to the detailed description of a particular process or system.

• Process explanation involves breaking down a complex process into smaller, more manageable steps.

• It helps to identify areas for improvement and optimization.

• Examples include explaining the process of software development or the steps involved in a manufacturing process.

Limited review is less extensive than an audit, providing limited assurance on financial statements.

• Limited review is a less comprehensive examination of financial statements compared to an audit.

• An audit involves a detailed examination of financial records, transactions, and internal controls.

• A limited review provides a moderate level of assurance on the accuracy and reliability of financial statements.

• Audits are typi...read more

Quarterly financial results are unaudited as they are not verified by an external auditor.

• Quarterly financial results are released every three months and provide a snapshot of a company's financial performance.

• These statements are not verified by an external auditor, unlike annual financial statements.

• The unaudited financial statements are subject to change and may not be as accurate as audited financial statements.

• Inv...read more

The 5 accounting assumptions are basic principles that guide the preparation of financial statements.

• 1. Going Concern: Assumes that the business will continue to operate indefinitely.

• 2. Consistency: Requires consistent accounting methods and practices over time.

• 3. Accrual: Records transactions when they occur, not when cash is exchanged.

• 4. Monetary Unit: Assumes that financial transactions are measured in a stable curr...read more

AS 9 and Ind AS 115 are accounting standards that differ in revenue recognition principles.

• AS 9 follows the 'realization' principle, recognizing revenue when it is realized or realizable.

• Ind AS 115 follows the 'control' principle, recognizing revenue when control of goods or services is transferred to the customer.

• AS 9 allows revenue recognition at different stages of completion, while Ind AS 115 requires a more string...read more