Outstrip Infotech Interview Questions and Answers

Genpact is a global professional services firm specializing in digital transformation, analytics, and process optimization.

• Genpact provides services in areas such as finance and accounting, procurement, supply chain, and customer service.

• The company was founded in 1997 as a business unit of General Electric and later became an independent company.

• Genpact has a presence in over 30 countries and serves clients in various...read more

Genpact is a global professional services firm specializing in finance and accounting services, including Tally accounting.

• Genpact offers a range of services such as accounts payable, accounts receivable, financial planning and analysis, and Tally accounting

• They provide outsourcing solutions for businesses looking to streamline their finance and accounting processes

• Genpact has a strong reputation for delivering high-qu

Technology has greatly impacted the field of accounting, streamlining processes and improving efficiency.

• Technology has automated many manual accounting tasks, such as data entry and calculations.

• Accounting software like Tally has made it easier to track financial transactions and generate reports.

• Cloud-based accounting solutions allow for real-time collaboration and access to financial data from anywhere.

• Technology ha...read more

An algorithm is a step-by-step procedure or set of rules for solving a problem or accomplishing a task.

• An algorithm is a well-defined computational procedure.

• It consists of a sequence of instructions that are executed in a specific order.

• Algorithms can be represented using flowcharts, pseudocode, or programming languages.

• They are used in various fields, including mathematics, computer science, and finance.

• Examples of a...read more

C language is a high-level programming language used for developing software and operating systems.

• C language was developed by Dennis Ritchie at Bell Labs in the 1970s.

• It is a procedural language, allowing step-by-step execution of instructions.

• C language is widely used for system programming, embedded systems, and developing applications.

• It provides low-level access to memory and hardware, making it efficient and powe...read more

Programming is the process of creating instructions for a computer to execute tasks and solve problems.

• Programming involves writing code using a programming language.

• It requires logical thinking and problem-solving skills.

• Programs can be created to perform various tasks, such as calculations, data manipulation, and automation.

• Examples of programming languages include Python, Java, and C++.

• Programmers use algorithms and...read more

A database management system is a software that allows users to store, organize, and manage data efficiently.

• It provides a structured way to store and retrieve data.

• It ensures data integrity and security.

• It allows multiple users to access and manipulate the data simultaneously.

• It supports querying and reporting functionalities.

• Examples include MySQL, Oracle, Microsoft SQL Server.

Queries are requests for information or clarification.

• Queries are used to obtain specific information or clarification on a particular topic.

• They are commonly used in various fields, including accounting, to gather necessary data.

• Queries can be verbal or written, and they aim to resolve doubts or seek additional details.

• For example, in accounting, a Tally Accountant may raise queries to understand specific transactions

A data system is a structured and organized collection of data that is used to store, manage, and analyze information.

• A data system typically includes hardware, software, and databases.

• It allows for the efficient storage, retrieval, and manipulation of data.

• Examples of data systems include relational databases, data warehouses, and content management systems.

A table of quarries is a database table that stores information about quarries, including their location, production, and other relevant details.

• A table of quarries is used in the field of mining and construction to manage and track information about different quarries.

• It typically includes columns for quarry name, location, type of material extracted, production capacity, and other relevant data.

• The table can be used ...read more

I am a detail-oriented and organized Tally Accountant with strong analytical skills.

• I have experience in maintaining accurate financial records using Tally software

• I am proficient in preparing financial statements and reports

• I have a strong understanding of accounting principles and practices

• I am able to identify and resolve discrepancies in financial records

• I am a team player and able to work collaboratively with othe

Tally is an accounting software used for managing financial transactions and generating reports.

• Tally is used for bookkeeping, inventory management, payroll processing, and tax filing.

• It can generate various financial reports like balance sheet, profit and loss statement, and cash flow statement.

• Tally is widely used in India and other countries for small and medium-sized businesses.

• It has features like data security, m...read more

Vouchers are documents that provide evidence of a transaction.

• Vouchers are used to record financial transactions in accounting.

• They contain details such as the date, amount, and purpose of the transaction.

• Examples of vouchers include invoices, receipts, and purchase orders.

Tally has two types: Tally.ERP 9 and TallyPrime

• Tally.ERP 9 is the older version and has more features

• TallyPrime is the newer version and has a more modern interface

• Both versions are used for accounting and financial management

• TallyPrime has features like customizable reports and advanced search options

Vochars is not a commonly used term in accounting. It may be a misspelling of vouchers.

• The correct term is vouchers, which are documents that provide evidence of a transaction

• Vouchers can be used for various purposes such as recording expenses, making payments, or receiving payments

• They typically include information such as the date, amount, description, and account codes

• Vouchers can be in paper or electronic form

• Examp...read more