VLCC MIS Interview Questions and Answers

IND AS 116 is a new lease accounting standard introduced by the Institute of Chartered Accountants of India (ICAI).

• IND AS 116 stands for Indian Accounting Standard 116.

• It replaces the previous lease accounting standard, IND AS 17.

• The standard applies to all entities that prepare financial statements in accordance with Indian Accounting Standards.

• IND AS 116 introduces a single lessee accounting model, which requires les...read more

Tools for data analysis include statistical software, programming languages, and data visualization tools.

• Statistical software such as SPSS, SAS, and R

• Programming languages such as Python and SQL

• Data visualization tools such as Tableau and Power BI

Ecommerce refers to buying and selling of goods and services online.

• Ecommerce platforms include Amazon, eBay, and Shopify.

• Ecommerce involves online transactions, digital marketing, and logistics.

• Ecommerce has grown rapidly in recent years due to the convenience it offers.

• Ecommerce data analysis involves tracking sales, customer behavior, and website traffic.