Q:

The principles of internal control include

A) Maintain Records	B) Segregate of Duties
C) Mandatory Employee Rotation	D) All the above

Answer & Explanation Answer: D) All the above

Explanation:

The principles of internal control are the concepts management uses to establish the ways to protect company assets.

The main internal control principles include:

Establish Responsibilities
Maintain Records
Insure Assets by Bonding Key Employees
Segregate of Duties
Mandatory Employee Rotation
Split Related Party Responsibility
Use Technological Controls
Perform Regular Independent Reviews

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate itby selecting the appropriate option.

She will surely pass if she ______ harder.

A) had studied	B) studied
C) studies	D) was studying

Answer & Explanation Answer: C) studies

Explanation:

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Filed Under: English

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Q:

Who is the CEO of Flipkart in 2016?

A) Ananth Narayanan	B) Mukesh Bansal
C) Binny Bansal	D) Sachin Bansal

Answer & Explanation Answer: C) Binny Bansal

Explanation:

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Golconda Fort was built during ___.

A) Vijayanagara Empire	B) Qutb Shahi dynasty
C) Satavahana dynasty	D) Hoysala Dynasty

Answer & Explanation Answer: B) Qutb Shahi dynasty

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

The term 'Macro Economics' was used by __________

A) J.M. Keynes	B) Ragner Frisch
C) Ragner Nurkse	D) Prof. Knight

Answer & Explanation Answer: B) Ragner Frisch

Explanation:

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Filed Under: Indian Economy

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Q:

The relation between the consumer’s optimal choice of the quantity of a good and its price is very important and this relation is called the ________ function.

A) Price	B) Substitution
C) Supply	D) Demand

Answer & Explanation Answer: D) Demand

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Management accountants would not

A) prepare reports primarily for external users.	B) be concerned with the impact of cost and volume on profits
C) assist in budget planning.	D) determine cost behavior.

Answer & Explanation Answer: A) prepare reports primarily for external users.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If the electronic configuration of elements A and B are $1 S^{2}, 2 S^{2} 2 P^{6}, 3 S^{1} and 1 S^{2}, 2 S^{2} 2 P^{6}, 3 S^{2} 3 P^{4}$ respectively, then the formula of the compound formed by the combination of these elements will be:

A) AB3	B) AB2
C) A2B	D) AB

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