CAT Questions

---

Yes, a square is a rhombus. But a rhombus is not a square unless the interior angles are at right angles.

We know that, a square is a quadrilateral with all sides equal and all the interior angles are 90 deg i.e, at right angles. 

Whereas

a rhombus is also a quadrilateral with all sides equal but the interior angles are not at right angles. Hence, if the interior angles of a rhombus are all at right angles (90 deg), then it is square.

IBM - International Business Machines Corporation has a nickname as Big Blue.

Some + All = Some

and the common word in two statements is Singers will not be used.

1. A fixed budget is established for a specific level of activity whereas flexible budget is prepared for various levels of activity.

2. Fixed budget cannot be changed after the period commences, whereas a flexible budget can be changed after the period commence.

3. Fixed budget is more suitable for fixed expenses whereas flexible budget takes both fixed as well as variable expenses in account.

4. Fixed budget includes only fixed costs, whereas a flexible budget includes fixed costs, variable costs and semi variable costs.

5. Fixed budget is mainly used in planning stage whereas flexible budget is used in controlling stage.

IC's (Integrated Circuits) also called as Chips or Microchips whose invention allowed computers to be smaller and smaller.

When exports are greater than imports, net exports are positive and similarly, when imports are greater than exports, net exports are negative.

When a country imports goods, it buys them from foreign producers. The money spent on imports leaves the economy, and that decreases the importing nation's GDP.