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Fundamental principles of accounting guide financial reporting and ensure consistency and transparency in financial statements.
Accrual Principle: Revenues and expenses are recorded when they are earned or incurred, not when cash is exchanged. For example, a company recognizes revenue when a service is performed, even if payment is received later.
Consistency Principle: Companies should use the same accounting metho...
TCP is connection-oriented and reliable, while UDP is connectionless and faster but less reliable.
TCP (Transmission Control Protocol) ensures reliable data transmission with error checking.
UDP (User Datagram Protocol) is faster but does not guarantee delivery or order of packets.
TCP establishes a connection before data transfer (e.g., web browsing).
UDP is used for applications where speed is crucial and some data ...
Inheritance in OOP allows a class to inherit properties and methods from another class, promoting code reusability.
Single Inheritance: A class inherits from one superclass. Example: Class 'Dog' inherits from class 'Animal'.
Multiple Inheritance: A class inherits from multiple superclasses. Example: Class 'FlyingFish' inherits from 'Fish' and 'Bird'.
Multilevel Inheritance: A class inherits from a derived class, form...
The rule of a build map defines how to construct a map in programming, focusing on key-value pairs.
A build map is a method to create a map structure in programming languages like Java or Python.
It involves defining keys and their corresponding values, e.g., map.put('key1', 'value1').
The rule ensures that each key is unique within the map, preventing duplicate entries.
Build maps can be used to store configurations,...
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Constraint index in Tosca is a unique identifier assigned to each constraint in a test case.
Constraint index helps in identifying and managing constraints within test cases.
It is used to reference specific constraints when creating or modifying test cases.
For example, if a test case has multiple constraints, each constraint will have a unique constraint index.
Purchase entry for sale of fixed asset with GST and TDS involves recording the transaction in the accounting system with appropriate tax treatment.
Create a journal entry to record the sale of the fixed asset
Debit the bank account or accounts receivable for the amount received from the sale
Credit the fixed asset account for the original cost of the asset
Credit the GST payable account for the GST collected on the sa...
A payment system is a method used to facilitate financial transactions between parties.
Payment systems can include cash, checks, credit cards, and digital wallets.
They can be operated by banks, financial institutions, or third-party providers.
Payment systems ensure secure and efficient transfer of funds between buyers and sellers.
Examples of payment systems include PayPal, Venmo, and SWIFT.
Payment systems can be c...
To remove duplicates from an array of strings
Iterate through the array and store each element in a Set to automatically remove duplicates
Convert the Set back to an array to get the final result
Debugging macros involves step-by-step troubleshooting to identify and fix errors in the code.
Start by checking for syntax errors in the macro code.
Use breakpoints to pause the macro execution at specific points and inspect variables.
Step through the macro code line by line to identify the source of errors.
Utilize error messages and logs to pinpoint issues in the macro code.
Consider using debugging tools like VBA ...
Red color is at the top in traffic signals to signify danger and command attention.
Red is universally recognized as a color that signifies danger and commands attention
Having red at the top of the traffic signal makes it easily visible from a distance
It helps in quickly conveying the message to stop or be cautious
This color scheme is consistent across different countries and regions
I applied via Approached by Company and was interviewed in Nov 2024. There were 2 interview rounds.
It consisted of Basic Mathematics and Logical Reasoning Questions
It was a 40 minutes Test with 2 coding Questions involved
Basic accounting and excel skills test
Depreciation is the allocation of the cost of a tangible asset over its useful life.
Depreciation is a non-cash expense that reflects the decrease in value of an asset over time.
It is used to spread the cost of an asset over its useful life for accounting and tax purposes.
Common methods of depreciation include straight-line, double declining balance, and units of production.
Example: A company purchases a delivery truck ...
I applied via Campus Placement and was interviewed in Nov 2024. There were 4 interview rounds.
This round is an online assessment consists of cognitive ability and technical assessment
This round involves coding,in which we should solve the given code in any of the programming languages.
90 questions with core related stuff
3 question were given with test cases to be satisfied
Constraint index in Tosca is a unique identifier assigned to each constraint in a test case.
Constraint index helps in identifying and managing constraints within test cases.
It is used to reference specific constraints when creating or modifying test cases.
For example, if a test case has multiple constraints, each constraint will have a unique constraint index.
Xpath in Tosca is a way to locate elements in a web application using XML path expressions.
Xpath stands for XML Path Language
It is used to navigate through elements and attributes in an XML document
In Tosca, Xpath can be used to identify and interact with web elements during test automation
Example: //input[@id='username'] - locates an input element with id 'username'
I want to join Accenture because of their reputation for innovation, diverse projects, and opportunities for growth.
Accenture is known for its innovative solutions and cutting-edge technology.
I am excited about the diverse range of projects that Accenture works on, which will provide me with valuable experience and skills.
I am impressed by Accenture's commitment to employee development and growth opportunities, which a...
To check the accuracy of conversation action, analyze user inputs, review system responses, and conduct user testing.
Analyze user inputs to ensure they are correctly interpreted by the system.
Review system responses to verify they align with the intended actions.
Conduct user testing to gather feedback on the accuracy and effectiveness of the conversation action.
Microservices are a software development technique where applications are composed of small, independent services that communicate over well-defined APIs.
Microservices architecture breaks down applications into smaller, loosely coupled services
Each service is responsible for a specific function and can be developed, deployed, and scaled independently
Common patterns include API Gateway, Service Discovery, Circuit Breake...
I applied via Referral and was interviewed in Sep 2024. There was 1 interview round.
Hash Map is not thread-safe while Concurrent Hash Map is thread-safe.
Hash Map is not thread-safe and can lead to ConcurrentModificationException when accessed by multiple threads simultaneously.
Concurrent Hash Map is thread-safe and allows multiple threads to access and modify it concurrently without any issues.
Concurrent Hash Map achieves thread-safety by using internal synchronization mechanisms like locks or atomic ...
Some of the top questions asked at the Accenture Analyst interview -
The duration of Accenture Analyst interview process can vary, but typically it takes about less than 2 weeks to complete.
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