National Highways & Infrastructure Development Corporation\ Associate SAP Consultant Interview Questions and Answers

Depreciation is the allocation of the cost of a tangible asset over its useful life.

• Depreciation is a non-cash expense that reduces the value of an asset over time.

• Common methods of depreciation include straight-line, double-declining balance, and units of production.

• Depreciation is important for accurately reflecting the true value of assets on the balance sheet.

• It is crucial for financial reporting and tax purposes.

• D...read more

Government grants are typically recognized as income when they are received, but may need to be recognized as deferred income and recognized over time if they are intended to fund specific future expenses.

• Government grants are usually recognized as income when received

• However, if the grant is intended to fund specific future expenses, it may need to be recognized as deferred income and recognized over time

• The treatment...read more

SAP Basis is the technical foundation for SAP applications, RFC is a remote function call protocol, and SAP HANA is a database platform.

• SAP Basis is the administration of SAP systems, including installation, configuration, and maintenance.

• RFC (Remote Function Call) is a protocol used for communication between SAP systems or between SAP and external systems.

• Oracle is a traditional relational database management system, ...read more

Piping code and welder qualifications test

• Piping code refers to the set of standards and regulations that govern the design, fabrication, and inspection of piping systems.

• Welder qualifications test is a process of testing and certifying welders to ensure that they have the necessary skills and knowledge to perform welding tasks safely and effectively.

• Both piping code and welder qualifications test are important in ensu...read more