Q:

The principles of internal control include

A) Maintain Records	B) Segregate of Duties
C) Mandatory Employee Rotation	D) All the above

Answer & Explanation Answer: D) All the above

Explanation:

The principles of internal control are the concepts management uses to establish the ways to protect company assets.

The main internal control principles include:

Establish Responsibilities
Maintain Records
Insure Assets by Bonding Key Employees
Segregate of Duties
Mandatory Employee Rotation
Split Related Party Responsibility
Use Technological Controls
Perform Regular Independent Reviews

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1132

Q:

Expenses are recognized when

A) they are paid.	B) they contribute to the production of revenue.
C) the invoice is received.	D) they are billed by the supplier.

Answer & Explanation Answer: B) they contribute to the production of revenue.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

0 1131

Q:

Which of the following is reared for its fleece/fiber?

A) Alpaca	B) Alabama
C) Apache	D) Alluvial

Answer & Explanation Answer: A) Alpaca

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

1 1131

Q:

What is the name of the point at which the chromatids are attached in a chromosome?

A) Centrosome	B) Centromere
C) Nucleosome	D) Gene

Answer & Explanation Answer: B) Centromere

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

0 1131

Q:

Rukmini Devi Arundale was a reputed dancer and choreographer in which form of dancing?

A) Opera	B) Lavani
C) Bharatnatyam	D) Dandiya

Answer & Explanation Answer: C) Bharatnatyam

Explanation:

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Filed Under: Indian Culture
Exam Prep: Bank Exams

6 1131

Q:

Which of the following is used to get relief when you have been stung by a honeybee?

A) Common salt	B) Baking soda
C) Acetic acid	D) Washing soda

Answer & Explanation Answer: B) Baking soda

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

0 1131

Q:

Which of the following is present in the centre of a flower?

A) Carpel	B) Sepals
C) Petals	D) Stamen

Answer & Explanation Answer: A) Carpel

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

0 1130

Q:

What are stars primarily made of?

A) Oxygen and Hydrogen	B) Hydrogen and Carbon
C) Hydrogen and Helium	D) Oxygen and Helium

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