Operations Support Specialist Interview Questions and Answers

Simple interest is a basic formula used to calculate interest on a principal amount over a certain period of time.

• Simple interest is calculated using the formula: I = P * r * t, where I is the interest, P is the principal amount, r is the interest rate, and t is the time period.

• The interest rate is usually expressed as a percentage per year.

• Simple interest does not take into account compounding, so the interest amount remains constant throughout the period.

• For example, if you...read more

The accounting rule refers to the principles and guidelines that govern the preparation of financial statements.

• Accounting rules ensure consistency and accuracy in financial reporting

• They are established by accounting standard-setting bodies such as the FASB or IASB

• Examples include the revenue recognition principle and the matching principle

Use SMQL query to find department name

• Use SELECT statement to retrieve department name

• Specify the table where department name is stored

• Use WHERE clause to filter results if needed