Wipro S/W Developer Interview Questions and Answers

Q1. What is bad bebt
Ans. 
Bad debt refers to money owed to a company that is unlikely to be paid by the debtor.
• Bad debt is a financial loss for the company.

• It is usually the result of customers who are unable or unwilling to pay their debts.

• Companies often have to write off bad debts as uncollectible.

• Bad debt can negatively impact a company's financial statements and cash flow.

• Examples include unpaid invoices, defaulted loans, and overdue payme
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Q2. What is accounts
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Accounts refer to financial records that track the financial activities of a business or individual.
• Accounts are used to record transactions such as income, expenses, assets, and liabilities.

• They help in analyzing the financial health of an entity and making informed decisions.

• Examples of accounts include cash account, accounts receivable, accounts payable, and equity accounts.
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Q1. What is trigger
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A trigger is a special kind of stored procedure that automatically executes when an event occurs in the database management system.
• Triggers can be used to enforce business rules, maintain referential integrity, or audit changes to data.

• Examples of triggers include automatically updating a timestamp when a record is modified, preventing deletion of a record based on certain conditions, or sending an email notification w
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Q2. What is dbms and explain all kinds of normalization in oracle
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DBMS stands for Database Management System. Normalization in Oracle is the process of organizing data in a database efficiently.
• DBMS is a software that manages databases, allowing users to store, retrieve, and manipulate data.

• Normalization in Oracle involves organizing data into tables and columns to reduce redundancy and improve data integrity.

• There are different levels of normalization, such as First Normal Form (1NF...read more
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Q1. Any papers submitted
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Q1. How to handle message related issues via Kubernetes!
Ans. 
Message related issues in Kubernetes can be handled by troubleshooting network configurations, checking pod logs, and monitoring resource usage.
• Troubleshoot network configurations to ensure proper communication between pods

• Check pod logs for any error messages or issues related to message passing

• Monitor resource usage to identify any bottlenecks or performance issues affecting message delivery
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Position or post calling for specified duties to which an employee is assigned for a definite or indefinite period of time but which has not been designated as a work classification.

Q1. What is tha accounts?
Ans. 
Accounts refer to the records of financial transactions of a business or organization.
• Accounts are used to track income, expenses, assets, and liabilities.

• They help in analyzing the financial health of a company.

• Examples of accounts include cash, accounts receivable, inventory, and accounts payable.
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Q2. What is tha payable and receivable
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Payable and receivable refer to amounts owed by a company (payable) and amounts owed to a company (receivable).
• Payable refers to money owed by a company to its suppliers or vendors

• Receivable refers to money owed to a company by its customers or clients

• Payable and receivable are recorded on a company's balance sheet

• Examples: Accounts payable, accounts receivable
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Q3. What is TDS ?
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TDS stands for Tax Deducted at Source, which is a system where tax is deducted by the payer at the time of making payment.
• TDS is a form of advance tax which ensures that the government receives tax revenue in advance.

• It is applicable to various payments such as salary, interest, commission, rent, etc.

• The deducted TDS amount is then deposited with the government on behalf of the recipient.

• TDS rates vary depending on the...read more
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Q4. What is tally used for ?
Ans. 
Tally is a software used for accounting and financial management.
• Tally is used for recording financial transactions.

• It helps in managing accounts, generating reports, and analyzing data.

• Tally is commonly used by businesses for bookkeeping and tax compliance.

• It can also be used for inventory management and payroll processing.
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Q5. What is tally skills?
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Tally skills refer to proficiency in using Tally software for accounting purposes.
• Tally skills involve knowledge of creating and managing accounts, generating financial reports, and performing audits.

• Proficiency in data entry, reconciliation, and inventory management using Tally is essential.

• Examples of Tally skills include creating ledgers, recording transactions, and generating balance sheets.

• Knowledge of shortcuts a...read more
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Q1. Self introduction
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Q2. Why do you left your previous company
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Q1. How many types of financial statements
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There are three main types of financial statements: balance sheet, income statement, and cash flow statement.
• Balance sheet shows a company's assets, liabilities, and shareholders' equity at a specific point in time.

• Income statement shows a company's revenues, expenses, and profits over a period of time.

• Cash flow statement shows how changes in balance sheet and income statement affect cash and cash equivalents.
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Q2. Difference between trial balance and balance sheet
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Trial balance is a list of all ledger accounts with their closing balances, while balance sheet is a financial statement showing assets, liabilities, and equity at a specific point in time.
• Trial balance is an internal document used to ensure the debits and credits are equal before preparing financial statements.

• Balance sheet is a financial statement that shows the company's financial position at a specific point in tim...read more
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Q1. Journal entry for prepaid expenses
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Journal entry for prepaid expenses involves debiting an asset account and crediting a prepaid expense account.
• Prepaid expenses are expenses paid in advance but not yet incurred.

• To record prepaid expenses, debit the Prepaid Expense account and credit the Cash/Bank account.

• As the prepaid expense is incurred, it is transferred from the Prepaid Expense account to the Expense account.

• Example: Payment of insurance premium in...read more
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Q2. Journal entry for purchase return
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Journal entry for purchase return involves debiting accounts payable and crediting inventory account.
• Debit accounts payable to reduce liability

• Credit inventory account to reduce inventory on hand

• Example: Debit Accounts Payable $500, Credit Inventory $500
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Accounting Questions

Q1. Relocate and shift timing
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Q1. Previous experience
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Basic situational based question

Q1. Basic experience
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Q2. Roles and responsibilities
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Q3. Asked my past projects
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Q4. Asked behavioral questions
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Q5. Asked my salary expectations
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Q1. Why do you want to leave the previous job
Ans. 
Seeking new challenges and opportunities for growth.
• Desire for career advancement

• Looking for new challenges

• Seeking better work-life balance

• Company restructuring or downsizing

• Relocation to a new area
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Q2. What was the salary you were paid
Ans. 
I was paid a competitive salary based on my experience and qualifications.
• My salary was based on my level of experience and qualifications

• I received a competitive salary compared to industry standards

• I was satisfied with my salary package
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