fresher Graduate Interview Questions and Answers

Tally is an accounting software used for managing financial transactions and generating reports.

• Tally is a popular accounting software used by businesses to record and manage financial transactions.

• It helps in maintaining books of accounts, generating invoices, and managing inventory.

• Tally provides features like balance sheet preparation, profit and loss statement, and cash flow statement.

• It can handle various financial operations like sales, purchases, payments, receipts, an...read more

Manual testing is a process of verifying software manually to identify defects and ensure its functionality.

• Manual testing involves executing test cases manually without the use of automation tools.

• It requires human intervention to validate software functionality, usability, and performance.

• Testers follow predefined test cases, explore the application, and report bugs.

• It helps in identifying user interface issues, compatibility problems, and user experience flaws.

• Manual testi...read more

The accounting cycle is a series of steps followed in the accounting process to record, analyze, and report financial transactions.

• The accounting cycle starts with identifying and analyzing transactions.

• Transactions are then recorded in the general journal.

• The recorded transactions are then posted to the general ledger.

• Adjusting entries are made to ensure accurate financial statements.

• Financial statements are prepared, including the income statement, balance sheet, and cash f...read more

Software is a set of instructions that tells a computer what to do.

• Software is intangible and can be stored electronically.

• It can be categorized into system software, application software, and programming software.

• Examples of software include Microsoft Word, Adobe Photoshop, and Google Chrome.