Bank PO Questions

Edwin Lemert described primary deviance as a passing episode of deviance that has little effect on the person's self-concept

The causes for the French Revolution in the year 1780 includes Social, Cultural, Political, Financial and Economical.

The Business Entity concept is also called as Separate Entity or Economic Entity concept. This concept states that the transactions and all the balances related or associated with a business must be recorded or accounted separately from other businesses or the individual personal transactions.

The Progressive Era took place in the US from the 1890s to the1920s. The movement was an effort to reform the government andeliminate the corruption within it. Social activists also wanted toreform the educational system, the insurance industry, thechurches, and many other things they felt were out of control, andnot working in the best interests of the citizens.

The process of System development life cycle goes through a series of stages in step wise fashion that almost every developing company follows.

Known as the 'software development life cycle,' these six steps include:

1. Planning

2. Analysis

3. Design

4. Development & implementation

5.Testing & deployment and

6. Maintenance.

A firm maximizes profit by operating where marginal revenue equals marginal cost. They use less of an input in producing more products to increse their profits.