Rocketlane Accounts Officer Interview Questions and Answers

TDS rate is determined by the government, BRS is a process to reconcile bank statements.

• TDS rate is set by the government and varies based on the type of transaction.

• Entry for TDS involves debiting the expense account and crediting the TDS payable account.

• BRS is the process of comparing the company's records with the bank statement to ensure accuracy.

• BRS entries involve reconciling items such as deposits in transit and

Direct online ordering solutions are hard to scale in India due to logistical challenges, payment preferences, and trust issues.

• Logistical challenges such as last-mile delivery and infrastructure limitations hinder scalability.

• Payment preferences in India vary widely, with many customers preferring cash on delivery over online payments.

• Trust issues related to online transactions and data security also impact the scalab...read more

APIs are sets of rules and protocols that allow different software applications to communicate with each other.

• APIs are used to define the methods for accessing and interacting with a software application or platform.

• They enable developers to access certain features or data from a service without needing to understand its internal workings.

• APIs can be used to integrate different systems, automate processes, and enhance...read more