Travelo1 Supply Chain Executive Interview Questions and Answers

Capital refers to financial assets or resources that are used to generate income or wealth.

• Capital can include money, property, equipment, and investments.

• It is typically used to start or expand a business, make investments, or fund projects.

• Examples of capital include cash, stocks, real estate, machinery, and patents.

• Capital can be owned by individuals, companies, or governments.

• It is an essential component of economi

Accounting golden rules are fundamental principles that guide the recording of financial transactions.

• Accounting golden rules are the basic principles that govern the process of recording financial transactions.

• These rules ensure accuracy, consistency, and reliability in financial reporting.

• The three main golden rules are: 1) Debit the receiver, credit the giver; 2) Debit what comes in, credit what goes out; 3) Debit e...read more

Prepaid expenses are expenses paid in advance for goods or services that will be received in the future.

• Prepaid expenses are recorded as assets on the balance sheet until the goods or services are received.

• Examples of prepaid expenses include prepaid rent, insurance premiums, and subscriptions.

• Prepaid expenses are gradually expensed over time as the goods or services are received.

• Prepaid expenses are important for accu

C is a procedural programming language while C++ is an object-oriented programming language.

• C++ supports classes and objects while C does not.

• C++ has built-in support for polymorphism and inheritance while C does not.

• C++ has a more complex syntax than C.

• C++ is generally considered to be more powerful and flexible than C.

• C++ is often used for developing large-scale software projects while C is used for system programmin...read more

Encapsulation is the process of hiding implementation details and exposing only necessary information.

• Encapsulation is a fundamental concept in object-oriented programming.

• It helps in achieving data abstraction and information hiding.

• It allows for better control over the data and prevents unauthorized access.

• Example: A class in Java that has private variables and public methods to access them.

• Example: A capsule that co...read more

I am an experienced Operations Executive with a strong background in managing operations and driving efficiency.

• Over 10 years of experience in operations management

• Proven track record of improving operational processes and reducing costs

• Expertise in strategic planning and execution

• Strong leadership and team management skills

• Implemented a new inventory management system that reduced stockouts by 30%

• Streamlined productio...read more

Accruals are expenses incurred but not yet paid or recorded in the books.

• Accrued salaries and wages

• Accrued interest

• Accrued taxes

• Accrued rent

• Accrued utilities

• Accrued warranty expenses