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

0 1120

Q:

The public debt is the

A) total amount borrowed by the government of a country	B) The funds raised for a cause in the country
C) the tax amount overall the country	D) none

Answer & Explanation Answer: A) total amount borrowed by the government of a country

Explanation:

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

0 1120

Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

Airy

A) Stuffy	B) Graceful
C) Indifferent	D) Light

Answer & Explanation Answer: A) Stuffy

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The capacity to do work is called

A) Pressure	B) Force
C) Power	D) Energy

Answer & Explanation Answer: D) Energy

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

1 1120

Q:

The first democratically elected female President of Africa is from

A) Nigeria	B) Liberia
C) Tanzania	D) Kenya

Answer & Explanation Answer: B) Liberia

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

0 1120

Q:

Which of the following is a land locked country?

A) Azerbaijan	B) Kazakhstan
C) Pakistan	D) Bangladesh

Answer & Explanation Answer: B) Kazakhstan

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

0 1119

Q:

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

A) monotonic	B) indifferent
C) market demand	D) diminishing

Answer & Explanation Answer: C) market demand

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Purchase of fixed assets on credit is originally recorded in

A) Purchases book	B) Journal Proper
C) Cash book	D) Ledger

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