Exams


Q:

Root : Stem : Branch : ?

A) Soil B) Tree
C) Wood D) Leaf
 
Answer & Explanation Answer: D) Leaf

Explanation:

Root : Stem : Branch : Leaf

Since all are parts of a tree.

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Filed Under: Analogy
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Q:

The Length of the Day is determined in

A) length of the hours B) length of the year
C) astronomical units D) solar terms
 
Answer & Explanation Answer: C) astronomical units

Explanation:

The Length of the Day is determined in Astronomical Units.

The length of a day corresponds to the time the Earth takes to turn around on its axis, which is approximately 24 hours. But it's not exactly 24 hours. 

This phenomenon is due to tides raised by the Moon which slow Earth's rotation. Because of the way the second is defined, the mean length of a day is now about 86 400.002 seconds, and is increasing by about 1.7 milliseconds per century.

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Filed Under: Physics
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Q:

Suspense account group is defined under

A) Assets B) Income
C) Expenditure D) Liabilities
 
Answer & Explanation Answer: D) Liabilities

Explanation:
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Q:

If "–" stands for "÷", "+"stands for "x", "÷" for "–" and "x" for "+", which of the following equations is correct?

A) 40 – 10 + 5 ÷ 4 x 5 = 21 B) 40 + 10 – 4 x 5 ÷ 3 = 80
C) 40 ÷ 10 – 4 x 5 + 3 = 32 D) 8 – 4 x 40 ÷ 2 + 15 = 30
 
Answer & Explanation Answer: A) 40 – 10 + 5 ÷ 4 x 5 = 21

Explanation:
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Filed Under: Mathematical Operations
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Q:

Internal controls are concerned with

A) the extent of government regulations B) preparing income tax returns
C) safeguarding assets D) only manual systems of accounting
 
Answer & Explanation Answer: C) safeguarding assets

Explanation:

Internal control, as defined in accounting and auditing, is a process for assuring achievement of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies. A broad concept, internal control involves everything that controls risks to an organization.

 

Internal control is all of the policies and procedures management uses to achieve the following goals.

  • Safeguard University assets - well designed internal controls protect assets from accidental loss or loss from fraud.

 

  • Ensure the reliability and integrity of financial information - Internal controls ensure that management has accurate, timely and complete information, including accounting records, in order to plan, monitor and report business operations.

 

  • Ensure compliance - Internal controls help to ensure the University is in compliance with the many federal, state and local laws and regulations affecting the operations of our business.

 

  • Promote efficient and effective operations - Internal controls provide an environment in which managers and staff can maximize the efficiency and effectiveness of their operations.

 

  • Accomplishment of goals and objectives - Internal controls system provide a mechanism for management to monitor the achievement of operational goals and objectives.

 

Hence, Internal controls are concerned with safeguarding assets.

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Filed Under: Accounts Payable
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Q:

The 'Ringgit' is the present day currency of which of the following country ?

A) Singapore B) Malaysia
C) Switzerland D) Thailand
 
Answer & Explanation Answer:

Explanation:
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Filed Under: World Geography
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Q:

Aarav's birthday is on Sunday, 12th March . On what day of the week will be Madhup's Birthday in the same year if Madhup was born on 10th August?

A) Thursday B) Wednesday
C) Friday D) Saturday
 
Answer & Explanation Answer: A) Thursday

Explanation:
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Filed Under: Calendar
Exam Prep: Bank Exams

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Q:

Irresistible craving for alcoholic drinks

A) Pyromania B) Kleptomania
C) Dipsomania D) Megalomania
 
Answer & Explanation Answer: C) Dipsomania

Explanation:

Dipsomania is one word substitute for Irresistible craving for alcoholic drinks.

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Filed Under: English
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