Q:

A favorable cost variance occurs when

A) actual incurred cost is less than the standard cost	B) actual incurred cost is greater than the standard cost
C) actual incurred cost is equal to the standard cost	D) None of the above

Answer & Explanation Answer: A) actual incurred cost is less than the standard cost

Explanation:

Cost variance is nothing but the difference between the actual incurred cost and the estimated standard cost. This can be occured due to any changes in the volume of goods or services ordered.

A favorable cost variance occurs when the actual incurred cost is less than the standard cost estimated before the production.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 1968

Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/Phrase.
Will-o-the wisp

A) Something that is impossible to get or achieve.	B) To keep off an unwanted and undesirable person.
C) To spend recklessly.	D) Accept or leave the offer.

Answer & Explanation Answer: A) Something that is impossible to get or achieve.

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

0 1967

Q:

Which of the following statements about Woodrow Wilson is true?

A) He wanted to place strict government controls on corporations.	B) He overturned discriminatory laws against African Americans.
C) He advocated eliminating the income tax.	D) He opposed reforms to the banking system.

Answer & Explanation Answer: A) He wanted to place strict government controls on corporations.

Explanation:

Woodrow Wilson was one of the major "Progressives" in American government and so 'He wanted to place strict government controls on corporations.'

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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

0 1967

Q:

For what is Napa valley in California famous for

A) Dry fruits	B) Mangoes
C) Wine	D) Wool

Answer & Explanation Answer: C) Wine

Explanation:

Napa valley in California famous for wine.

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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

0 1967

Q:

Postage Meter was invented by

A) Fyodor Pirotsky	B) Arthur Pitney
C) Fritz Pfleumer	D) Stephen Perry

Answer & Explanation Answer: B) Arthur Pitney

Explanation:

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Filed Under: Inventions
Exam Prep: Bank Exams

0 1967

Q:

In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

Statement:
(I) Only first division holders are admitted.
(II) Ram is a first division holder.

Conclusions:
(I) Ram is admitted.
(II) Only Ram is admitted.

A) Conclusion I follows	B) Conclusion II follows
C) Neither I nor II follows	D) Both I and II follows

Answer & Explanation Answer: A) Conclusion I follows

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability
Exam Prep: Bank Exams

0 1967

Q:

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one, which best expresses the same sentence in Passive/Active voice.

Jayesh has sent the email.

A) The email has had been sent by Jayesh.	B) The email has been sent by Jayesh.
C) The email was sent by Jayesh.	D) The email was send by Jayesh.

Answer & Explanation Answer: B) The email has been sent by Jayesh.

Explanation:

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

0 1967

Q:

In the following question, out of the four alternatives, choose the alternative which best expresses the meaning of the idiom/Phrase.

Bite the dust

A) eat poorly	B) suffer a defeat
C) clean something	D) attack and defeat somebody

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