Exams


Q:

Financial statements are prepared in the following order.

A) Income statement - Balance sheet - Statement of retained earnings B) Income statement - Statement of retained earnings - Balance sheet
C) Balance sheet - Statement of retained earnings - Income statement D) Statement of retained earnings - Balance sheet - Income statement
 
Answer & Explanation Answer: B) Income statement - Statement of retained earnings - Balance sheet

Explanation:

The financial statements should be prepared in the following order:


Income statement - Statement of retained earnings - Balance sheet

 

1. Income statement reports revenues and expenses and calculates net income or net loss for the time period.

2. Statement of retained earnings show how retained earnings changed during the period due to net income or net loss and dividends.

3. Balance sheet reports assets, liabilities, and stockholders’ equity as of the last day of the period.

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Filed Under: Accounts Payable
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Q:

A man and his son are in a terrible accident and are rushed to the hospital in critical care. The doctor looks at the boy and exclaims "I can't operate on this boy, he's my son!" How could this be?

Answer

This is only possible when that doctor is boy's mother.

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Q:

A train travels 360 km at a uniform speed. If the speed had been 5 km/h more, it would have taken 1 hour less for the same journey. Find the speed of the train?
     

A) 42 kmph B) 43 kmph
C) 40 kmph D) 45 kmph
 
Answer & Explanation Answer: C) 40 kmph

Explanation:

We know that,  Speed = Distance/time

 

Let the speed of the train be = x kmph

           NORMAL SPEED                           SPEED 5 KMPH MORE

          Distance = 360 Km                         Distance =360
 
          speed    =  X Kmph                        Speed = (x+5)
 
            Time =360/X                              Time =360/(x+15)
          

 

For the same journey if the speed increased 10 kmph more it will take 1 hour less

 


Time with original speed - time with increased speed = 1

 => (360/x) - (360/x+10) =  1                               

 =>  (360(x+5)-360x)/x(x+5) =1

 =>   360X + 1800 -360X  = X(X+5)

  =>   X^2 + 5x - 1800 = 0

  X = 40 or -45

 X cannot be negetive value
                  

 X = 40 kmph.

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Filed Under: Problems on Trains
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Q:

Which statement best describes an igneous intrusion?

A) Igneous intrusion for when ice crystals splash into lava B) Magma is injected into surrounding rock forming an igneous intrusive
C) Magma is exported to an open area and forms iron D) Magma explodes to the surface and forms a smooth outer layer of rock
 
Answer & Explanation Answer: B) Magma is injected into surrounding rock forming an igneous intrusive

Explanation:

Magma is injected into surrounding rock forming an igneous intrusive.

 

Actually it is a plutonic formation in which magma present beneath Earth surface deforms the shape of rocks present above it
 

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Filed Under: Physics
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Q:

World's oldest living man 2018?

A) Masazo Nonaka B) Francisco Nunez Olivera
C) Juan Pablo Villalos D) Les Colley
 
Answer & Explanation Answer: A) Masazo Nonaka

Explanation:

According to Guiness World Records, the world's oldest living man Masazo Nonaka has turned 113 years on 25 July of 2018 in Japan's Hokkaido.

world_oldest_man1532609412.jpg image 

 

Francisco Nunez Olivera was the former oldest person who died on 29th of January 2018 at the age of 112 years.

 

Les Colley (1898 - 1998, Australia), is the oldest ever man to father a child. He had his ninth child a son named Oswald to his third wife at the age of 92 years 10 months.

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Filed Under: General Awareness
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Q:

Select the antonym of
celibate

A) chaste B) virtuous
C) promiscuous D) continent
 
Answer & Explanation Answer: C) promiscuous

Explanation:
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Filed Under: English
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Q:

Both skin and lung cancer are classified as carcinomas.

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:

Carcinomas are cancers that begin in tissues lining the inner or outer surfaces of the body where the DNA of the cells become damaged. Lung cancer and one type of skin cancer (squamous-cell carcinoma) are carcinomas.


 


Hence, the given statement is TRUE.


 

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Subject: General Science
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Q:

which alphabet is a fly?

A) Y B) C
C) B D) G
 
Answer & Explanation Answer: C) B

Explanation:

The alphabet 'B' resembles same as a fly 'Bee' in pronouncing.

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Filed Under: Word Puzzles
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