Q:

Expenses are recognized when

A) they are paid.	B) they contribute to the production of revenue.
C) the invoice is received.	D) they are billed by the supplier.

Answer & Explanation Answer: B) they contribute to the production of revenue.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

0 1021

Q:

If an unintended increase in business inventories occurs

A) aggregate expenditures must exceed the domestic output	B) we can expect businesses to lower the level of production
C) we can expect aggregate production to be unaffected	D) we can expect businesses to increase the level of production

Answer & Explanation Answer: B) we can expect businesses to lower the level of production

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1021

Q:

What denotes offering several products for sale as one combined product?

A) Advertisement	B) Product mix
C) Product bundling	D) Differentiation

Answer & Explanation Answer: C) Product bundling

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Filed Under: Indian Economy
Exam Prep: Bank Exams

1 1021

Q:

In which of the following market forms, a firm does not exercise control over price?

A) Monopoly	B) Perfect competition
C) Oligopoly	D) Monopolistic competition

Answer & Explanation Answer: B) Perfect competition

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1020

Q:

___ is not a chemical change.

A) Cooking an egg	B) Melting an ice cube
C) Baking a cake	D) Rotting Bananas

Answer & Explanation Answer: B) Melting an ice cube

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Filed Under: Chemistry
Exam Prep: Bank Exams

1 1020

Q:

When electricity is passed through an aqueous solution of Sodium Chloride (brine), it decomposes to form.

A) NaOH + H2 + Cl2	B) NaOH + H2 + O2
C) NaOH + HCl + H2	D) NaOH + H2 + N2

Answer & Explanation Answer: A) NaOH + H2 + Cl2

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Filed Under: Chemistry
Exam Prep: Bank Exams

3 1020

Q:

____ is not an endocrine gland in humans.

A) The pituitary gland	B) The pineal gland
C) The adrenal gland	D) The liver

Answer & Explanation Answer: D) The liver

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Filed Under: Biology
Exam Prep: Bank Exams

0 1020

Q:

Plants bend towards light due to the diffusion of the ____ hormone on the other side of the shoot.

A) abscisic acid	B) auxin
C) cytokinin	D) gibberellin

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