Veira Electronics Accounting Staff Interview Questions and Answers for Freshers

A rectifier is an electrical device that converts alternating current (AC) to direct current (DC).

• Rectifiers are commonly used in power supplies to convert AC voltage to DC voltage.

• They are made up of diodes, which allow current to flow in only one direction.

• Rectifiers can be half-wave or full-wave, depending on the number of diodes used.

• Examples of rectifiers include bridge rectifiers, vacuum tube rectifiers, and soli

SCR stands for Selective Catalytic Reduction. It is a technology used to reduce nitrogen oxide emissions from diesel engines.

• SCR is a process that uses a catalyst to convert nitrogen oxides (NOx) into nitrogen (N2) and water (H2O).

• It involves injecting a urea-based solution, known as diesel exhaust fluid (DEF), into the exhaust stream.

• The DEF reacts with the NOx in the presence of the catalyst, breaking it down into ha...read more

The journey entry for purchase and sale involves recording the transactions related to buying and selling goods or services.

• For purchase, the journey entry includes recording the purchase invoice, updating the inventory, and recording the accounts payable.

• For sale, the journey entry includes recording the sales invoice, updating the revenue account, and recording the accounts receivable.

• The journey entry for purchase a...read more

Procurement is the process of acquiring goods and services while sourcing is the identification of potential suppliers.

• Procurement involves the entire process of purchasing goods and services, from identifying the need to payment and delivery.

• Sourcing involves identifying potential suppliers, evaluating their capabilities and negotiating contracts.

• Procurement and sourcing are critical functions in supply chain manageme...read more