Vingspan Scitech Consultancy Interview Questions and Answers

Insurance is a contract between an individual and an insurance company to protect against financial loss.

• Insurance provides financial protection against unexpected events

• Premiums are paid to the insurance company in exchange for coverage

• Types of insurance include health, auto, home, and life insurance

• Insurance policies have terms and conditions that must be followed to receive benefits

• Insurance helps individuals and bu

Types of insurance include life, health, auto, home, and travel.

• Life insurance provides financial support to beneficiaries upon the policyholder's death.

• Health insurance covers medical expenses and treatments.

• Auto insurance covers damages and injuries resulting from car accidents.

• Home insurance covers damages to the home and personal property.

• Travel insurance covers unexpected events while traveling, such as trip cance

Google Sheets is a cloud-based spreadsheet program offered by Google as part of the Google Drive office suite.

• Allows users to create and edit spreadsheets online

• Offers collaboration features for real-time editing and commenting

• Can import and export various file formats, including Microsoft Excel

• Offers add-ons and scripts for automation and customization

• Accessible from any device with internet connection

MDD & OMC are important parameters for soil compaction and moisture content.

• MDD stands for Maximum Dry Density, which is the maximum density that can be achieved for a given soil compaction effort.

• OMC stands for Optimum Moisture Content, which is the moisture content at which the maximum dry density can be achieved.

• These parameters are important for determining the appropriate moisture content and compaction effort for...read more

The velocity of steel varies depending on the type and conditions.

• The velocity of steel can range from 5000 to 6000 meters per second

• The velocity of steel can be affected by factors such as temperature and pressure

• The velocity of steel is important in industries such as construction and manufacturing

The cube test result in 7 days depends on the purpose of the test and the specific cube being tested.

• The cube test can refer to various tests in different fields such as construction, engineering, and materials science.

• For example, in construction, the cube test is used to determine the compressive strength of concrete cubes after 7 days of curing.

• The result of the cube test can vary depending on factors such as the ty...read more

A tangible asset is a physical asset that has a measurable value and can be seen or touched.

• Examples include buildings, land, machinery, and inventory.

• Tangible assets are typically depreciated over time.

• They are recorded on a company's balance sheet.

• Tangible assets can be bought, sold, or traded.

• They are different from intangible assets, such as patents or trademarks.

An intangible asset is a non-physical asset that has no intrinsic value but has value due to its legal or intellectual property rights.

• Intangible assets include patents, trademarks, copyrights, and goodwill.

• They cannot be touched or seen but can be owned and traded.

• Their value is based on their ability to generate revenue or provide a competitive advantage.

• Intangible assets are recorded on a company's balance sheet and...read more

Insurance is a contract between an individual and an insurance company to protect against financial loss.

• Insurance provides financial protection against unexpected events

• Premiums are paid to the insurance company in exchange for coverage

• Types of insurance include health, auto, home, and life insurance

• Insurance policies have terms and conditions that must be followed to receive benefits

• Insurance companies use actuarial

Accounts payable is the amount of money a company owes to its suppliers or vendors for goods and services received but not yet paid for.

• Accounts payable is a liability on the balance sheet.

• It represents the amount owed to suppliers or vendors for goods or services received.

• Accounts payable is usually paid within a certain period of time, known as the payment terms.

• Examples of accounts payable include bills for utilitie...read more

Account receivables refer to the money owed to a company by its customers for goods or services provided on credit.

• It is a type of asset on a company's balance sheet

• It represents the amount of money owed to the company by its customers

• It is typically collected within a certain period of time, usually 30-90 days

• Examples include unpaid invoices, outstanding bills, and overdue payments