Questions

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

 

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1066
Q:

Which country among the following voted in 2015 to be the first country to allow three parent in-vitro fertilization?

 

A) Britain B) USA
C) France D) Italy
 
Answer & Explanation Answer: A) Britain

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

2 1066
Q:

What does PDA stand for?

A) Personal Data Assistant B) Personal Digital Assistant
C) Prime Data Assistant D) Prime Digital Assistant
 
Answer & Explanation Answer: B) Personal Digital Assistant

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

3 1066
Q:

What does IMF stand for?

A) International Monetary Fund B) Indian Money Fund
C) International Machine Federation D) Institute of Monetary Finance
 
Answer & Explanation Answer: A) International Monetary Fund

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams

5 1066
Q:

World Environment Day is observed on

A) February 28 B) May 16
C) June 05 D) September 12
 
Answer & Explanation Answer: C) June 05

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Important Days and Years
Exam Prep: Bank Exams

1 1066
Q:

Which of the following films is India's official entry to Oscars 2018?

A) Newton B) A Death in the Gunj
C) Lipstick Under My Burkha D) Bahubali
 
Answer & Explanation Answer: A) Newton

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Honours and Awards
Exam Prep: Bank Exams

0 1065
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:
Report Error

View Answer Report Error Discuss

Filed Under: Famous Personalities
Exam Prep: Bank Exams

0 1065
Q:

Scientists of which institute have found a way to induce points to give off dim light to plants by embedding luciferase enzyme?

 

A) The University of Cambridge B) National University of Singapore
C) University of California D) Massachusetts Institute of Technology
 
Answer & Explanation Answer: D) Massachusetts Institute of Technology

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 1065