Bank Clerk Questions

Internal control, as defined in accounting and auditing, is a process for assuring achievement of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies. A broad concept, internal control involves everything that controls risks to an organization.

Internal control is all of the policies and procedures management uses to achieve the following goals.

• Safeguard University assets - well designed internal controls protect assets from accidental loss or loss from fraud.

• Ensure the reliability and integrity of financial information - Internal controls ensure that management has accurate, timely and complete information, including accounting records, in order to plan, monitor and report business operations.

• Ensure compliance - Internal controls help to ensure the University is in compliance with the many federal, state and local laws and regulations affecting the operations of our business.

• Promote efficient and effective operations - Internal controls provide an environment in which managers and staff can maximize the efficiency and effectiveness of their operations.

• Accomplishment of goals and objectives - Internal controls system provide a mechanism for management to monitor the achievement of operational goals and objectives.

Hence, Internal controls are concerned with safeguarding assets.

In all the given options, the countries are correctly matched with their National games.

USA - Baseball

Pakistan - Field Hockey

China - Table Tennis.

Al Aziziyah, the hottest place on earth is located in Libya, in North Africa. On 13 September 1922, a high temperature of 58.0 °C was recorded in Al Aziziyah.

This is considered the highest temperature ever measured on Earth.

8(6+5) - 10 = ?

? = 8(11) - 10

? = 88 - 10

? = 78.

DNA is copied during a process called Transcription. It is the first step of gene expression, in which a particular segment of DNA is copied into RNA by the enzyme RNA polymerase.