Exams

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.

Let workdone 1 boy in 1 day be b

and that of 1 girl be g

From the given data,

4(5b + 3g) = 23

20b + 12g = 23 .......(a)

2(3b + 2g) = 7

6b + 4g = 7 ........(b)

Solving (a) & (b), we get

b = 1, g = 1/4

Let number og girls required be 'p'

6(7 x 1 + p x 1/4) = 45

=> p = 2.

Hence, number of girls required = 2

To convert a fraction into decimal, just take the number on top which we called the numerator and divide it by the number at the bottom which we called the denominator.

2/3

How it comes :

$2÷3=0$ bring down the decimal point.

$20÷3=6$ and carry the remainder $2$ to make $20$

$20÷3=6$ and carry the remainder $2$ to make $20$

$20÷3=6$ and carry the remainder $2$ to make $20$

etc...

This gives the recurring decimal 0.6666...

If we round off to two decimals , then it becomes 0.67.

Hence, decimal fraction of 2/3 = 0.67.

With 9 gold, 12 silver and 19 bronze, India won 40 medals in 5th Asian Indoor and Martial Arts Games and finished the Games at 11th.

Ans. 
Distance covered by 1st train in 4 hours = 80*4 = 320 km
Relative speed of 2nd train = 120-80 = 40 km
It will overtake another train in 320/40 = 8 hours
Distance between overtake point and station A = 8*120 = 960 km

In chemistry, a metal is an element that readily forms positive ions (cations) and has metallic bonds. Metals are opaque, lustrous elements that are good conductors of heat and electricity. Most metals are malleable and ductile and are, in general, denser than the other elemental substances.

Examples of metals are aluminium, copper, iron, tin, gold, lead, silver, titanium, uranium, and zinc.

Here Se - Selenium is an element but is not a metal, S - Sulphur is not a metal and I - Iodine is also not a metal.

Hence, Zn - Zinc is the only metal in the given options.