LTIMindtree Financial Accountant Interview Questions and Answers

Java is platform independent due to its bytecode and JVM.

• Java code is compiled into bytecode which is platform-independent.

• JVM (Java Virtual Machine) interprets the bytecode and executes it on any platform.

• JVM acts as an abstraction layer between the Java code and the underlying hardware.

• This allows Java programs to run on any platform that has a JVM installed.

• For example, a Java program written on a Windows machine ca...read more

Net annual value is the annual rental income of a property after deducting expenses.

• Net annual value is calculated by subtracting expenses such as maintenance, repairs, and property taxes from the annual rental income.

• It is used to determine the taxable income of a property owner.

• For example, if a property generates $50,000 in rental income per year and has $10,000 in expenses, the net annual value would be $40,000.

• Net...read more