CAT Questions

Q:

Comprehensive income includes all of the following except

A) expenses B) contributions by owners
C) extraordinary items D) losses
 
Answer & Explanation Answer: B) contributions by owners

Explanation:

Comprehensive income is the sum of net income and other items that must bypass the income statement because they have not been realized, including items like an unrealized holding gain or loss from available for sale securities and foreign currency translation gains or losses.

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Filed Under: Finance
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Q:

Out of the four option figures, three are similar in a certain manner. However, one figure is NOT like the other three. Select the figure which is different from the rest.

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

Explanation:
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Filed Under: Image Analysis
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

What compound directly provides energy for cellular work?

A) ATP B) ADP
C) NADP D) NADH
 
Answer & Explanation Answer: A) ATP

Explanation:

ATP - Adinosine Triphosphate is the compound that directly provides energy for cellular work.

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

Statement: Huge amount of resources are required to develop tourist places in a country like India, which is endowed with vast coastlines, rivers, forests, temples etc.
Courses of action:
a. More tourist resorts along the coastlines only should be started.
b. The tourist potential of India should be exploited.

A) Only b follows B) Only a follows
C) Both a & b follows D) Neither a nor b follows
 
Answer & Explanation Answer: A) Only b follows

Explanation:

As in the given statement, India is already endowed with tourist spots. Therefore, the existing potential should be exploited.

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Filed Under: Statement and Courses of Action
Exam Prep: Bank Exams , CAT , GATE , GRE
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Q:

Depreciation is a process of

A) Allocation B) Valuation
C) Both A & B D) Appropriation
 
Answer & Explanation Answer: A) Allocation

Explanation:

Depreciation is a process of cost allocation, not valuation. In accounting, the term depreciation refers to the allocation of cost of a tangible asset to expense to the periods in which the asset is expected to be used to obtain the economic benefit.

 

In brief, Depreciation is fall in the value of assets due to wear and tear over a period of time, it is a loss.

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Filed Under: Accounts Receivable
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

Determine the value of  'a' which satisfies the equation 9a + 40a = 41a

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: D) 4

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams , CAT

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Q:

Medical Sociology is the systematic study of

Answer

Medical Sociology is the systematic study of how humans manage their health problems, wellness and disorders and how they overcome sick to be healthy.

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Subject: General Science Exam Prep: AIEEE , Bank Exams , CAT
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Q:

What type of heat transfer is boiling water?

A) radiation B) conduction
C) convection D) None of the above
 
Answer & Explanation Answer: C) convection

Explanation:

Convection is by far the most efficient and common way for heat to be transferred through liquids and gases. It occurs when some regions of a fluid get hotter than others, causing currents in the fluid that move it around to distribute that heat more evenly.

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Filed Under: Physics
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