Piaggio Junior Engineer Interview Questions and Answers

Compressors are devices that increase the pressure of a gas by reducing its volume. There are various types of compressors.

• Reciprocating compressors use a piston to compress the gas by moving it back and forth in a cylinder.

• Rotary compressors use rotating impellers or screws to compress the gas.

• Centrifugal compressors use a rotating impeller to accelerate the gas and then convert the kinetic energy into pressure.

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Prepayment is an advance payment made for goods or services. AR ageing is the analysis of outstanding customer invoices. COGS is the cost of producing or purchasing goods sold. Direct expenses are costs directly related to the production of goods or services. Indirect expenses are costs not directly related to production. Hedging is a financial strategy to reduce risk. Journal entry for OS salary is debit salary expens...read more

A cash flow statement is a financial statement that shows the inflows and outflows of cash in a business over a specific period of time.

• It provides information about the cash generated from operating activities, investing activities, and financing activities.

• Operating activities include cash received from sales, payment to suppliers, and payment to employees.

• Investing activities include cash used for purchasing or sell...read more

The important finance statements are the balance sheet, income statement, and cash flow statement.

• Balance sheet shows the company's assets, liabilities, and equity at a specific point in time.

• Income statement shows the company's revenue, expenses, and net income over a period of time.

• Cash flow statement shows the company's cash inflows and outflows over a period of time.

• These statements are important for investors, cre...read more