CAT Questions

Q:

Bad debt expense is reported on the income statement as

Answer

Bad debts expense often refers to the loss that a company experiences because it sold goods or provided services and did not require immediate payment. The loss occurs when the customer does not pay the amount owed. In other words, bad debts expense is related to a company's current asset accounts receivable.


 


You have already recorded the Rs. 100 in your accounts receivable, and you need to eliminate that amount. As you use double-entry accounting, you must record a Rs. 100 credit to your accounts receivable and a Rs. 100 debit to your allowance for doubtful accounts or your bad debts expense column.

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Subject: Accounts Receivable Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

During world war II, Germany was a member of the

A) Axis powers B) Allies
C) Both A & B D) None of the above
 
Answer & Explanation Answer: A) Axis powers

Explanation:

During world war II, Germany was a member of the Axis powers.

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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which is the rank of Madhya Pradesh in India in terms of scheduled Tribe Population?

A) Fourth B) Third
C) Second D) First
 
Answer & Explanation Answer: D) First

Explanation:
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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

The Rule of Law states that

Answer

The Rule of Law states that a principle of governance in which all persons, institutions and entities, public and private, including the State itself, are accountable to laws that are publicly promulgated, equally enforced and independently adjudicated, and which are consistent with international human rights norms and standards.

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Subject: Indian Politics Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Sum of cubes of first n even natural numbers.

Answer

Proof of Sum of cubes of first n even natural numbers ::


sum_of_cubes_of_first_n_even_natural_numbers1556603651.png image


 


Hence, in other words, the sum of the first n cubes is the square of the sum of the first n natural numbers.

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Subject: Simplification Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

Which organization is responsible for regulating tobacco?

A) FDA B) FCC
C) FBI D) FTC
 
Answer & Explanation Answer: A) FDA

Explanation:

FDA - Food and Drug Administration is the organization that is responsible for regulating tobacco. This right was given in the year 2009.

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

3 1539
Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

The state or quality of being holy, sacred, or saintly

 

 

A) Base B) Sanctity
C) Vile D) Heinous
 
Answer & Explanation Answer: B) Sanctity

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , CAT , GRE , TOEFL

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Q:

What international event led to the red scare?

A) Epidemic in Germany B) Revolution in Russia
C) Murder in Italy D) Election in Britain
 
Answer & Explanation Answer: B) Revolution in Russia

Explanation:

Revolution in Russia is the International event that led to the red scare.

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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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