10+ Teknismart Solutions Interview Questions and Answers

Accessing the same ArrayList object by two threads can cause race conditions and lead to unpredictable outcomes.

• Race conditions can occur when two threads try to modify the same element in the array at the same time.

• Synchronization can be used to prevent race conditions and ensure thread safety.

• Using a concurrent collection like CopyOnWriteArrayList can also prevent race conditions.

• If one thread is only reading from the array and the other is modifying it, then synchronizatio...read more

Accounting is the process of recording, summarizing, and analyzing financial transactions of a business. Types include financial, management, tax, and forensic accounting.

• Financial accounting involves preparing financial statements for external stakeholders like investors and creditors.

• Management accounting focuses on providing internal stakeholders like managers with financial information to make decisions.

• Tax accounting deals with tax-related matters such as tax planning an...read more

Common size statement is a financial statement that expresses each line item as a percentage of a base figure.

• Common size statement is used to analyze and compare financial statements of companies of different sizes.

• Each line item on the common size statement is expressed as a percentage of a base figure, usually total assets or total revenue.

• It helps in identifying trends, making comparisons, and evaluating the financial health of a company.

• For example, if total revenue is t...read more

I am committed to working here long-term and growing with the company.

• I am looking for a long-term career opportunity with growth potential.

• I am dedicated to learning and implementing accounting policies.

• I have experience with invoicing and ensuring accuracy in financial transactions.

• I am proficient in using Excel for data analysis and reporting.

• I am familiar with financial markets and how they impact accounting practices.

• I have knowledge of preparing balance sheets and profi...read more

SQL stands for Structured Query Language. DDL commands are used to define the structure of a database. RDBS stands for Relational Database Management System.

• SQL stands for Structured Query Language

• DDL commands are used to define the structure of a database

• RDBS stands for Relational Database Management System

Yes, RESTful web services use HTTP methods to implement the concept of REST.

• HTTP methods like GET, POST, PUT, DELETE are used to perform CRUD operations on resources.

• GET is used to retrieve a resource, POST is used to create a new resource, PUT is used to update an existing resource, and DELETE is used to delete a resource.

• RESTful web services use these HTTP methods to provide a uniform interface for accessing and manipulating resources.

• For example, a RESTful web service for ...read more

DML full form is Data Manipulation Language. Range of char is 0 to 65,535.

• DML is used to manipulate data in a database.

• Char is a data type in Java used to store a single character.

• The range of char is from 0 to 65,535, which represents all Unicode characters.

Working capital is the difference between a company's current assets and current liabilities.

• Working capital is essential for a company's day-to-day operations.

• It indicates the company's ability to meet its short-term financial obligations.

• Formula: Working Capital = Current Assets - Current Liabilities

• Examples: Cash, accounts receivable, inventory are current assets. Accounts payable, short-term loans are current liabilities.

A basic computer is a simple machine that can perform basic tasks like word processing, browsing the internet, and sending emails.

• A basic computer typically has a CPU, RAM, storage, and input/output devices like a keyboard and monitor.

• It can run basic software like Microsoft Word, web browsers, and email clients.

• It may not have advanced features like a dedicated graphics card or high-end processing power.

• Examples of basic computers include budget laptops, entry-level desktops...read more

Yes, I have extensive experience in handling statutory compliance.

• Managed all aspects of statutory compliance including labor laws, tax regulations, and employee benefits

• Ensured timely submission of required reports and documentation to government authorities

• Implemented policies and procedures to ensure compliance with all statutory requirements

• Conducted regular audits to identify and address any potential compliance issues

• Provided training to staff on statutory requirements ...read more