AIEEE Questions

Q:

Accrual accounting is used because

A) it provides a better indication of ability to generate cash flows than the cash basis. B) it recognizes revenues when cash is received and expenses when cash is paid.
C) cash flows are considered less important. D) All of the above
 
Answer & Explanation Answer: A) it provides a better indication of ability to generate cash flows than the cash basis.

Explanation:
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Filed Under: Accounts Payable
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Q:

Self pollination will lead to

A) Inbreeding B) Over breeding
C) Outbreeding D) Rare breeding
 
Answer & Explanation Answer: A) Inbreeding

Explanation:

Self pollination occurs in the flowers when the pollen grains of the flower falls on the stigma of the same due to wind or insects like moths and bees. This lead to the inbreeding.

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Filed Under: Biology
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Q:

A government subsidy to the producers of a product

A) reduces product demand B) increases product supply
C) reduces product supply D) increases product demand
 
Answer & Explanation Answer: B) increases product supply

Explanation:
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Filed Under: Indian Economy
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Q:

Sociological analysis of religion is concerned with

A) the purpose of life B) which religions are true and which are false
C) learning the will of God D) patterns of religious activity and their effect on social life
 
Answer & Explanation Answer: D) patterns of religious activity and their effect on social life

Explanation:

Sociology of religion is the study of the beliefs, practices and organizational forms of religion using the tools and methods of the discipline of sociology.

 

Hence, Sociological analysis of religion is concerned with patterns of religious activity and their effect on social life.

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Filed Under: Indian Politics
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Q:

A sum of Rs. 2600 is invested at two different rates of interest. The difference between the simple interests got after 4 years is Rs 402.80 at these two rates, what is the difference between the rates of interest?

A) 1.58 B) 2.63
C) 3.87 D) 4.02
 
Answer & Explanation Answer: C) 3.87

Explanation:

Let the two different rates of interests be r1 and r2 respectively.

From the given data,

2600 x 4 x r1 - r2100  = 402.80r1 - r2 = 402.80104  = 3.87

 

Hence, the difference in the interest rates = 3.87

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Filed Under: Simple Interest
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Q:

Oxidation number of S8?

A) +1 B) -2
C) +2 D) 0
 
Answer & Explanation Answer: D) 0

Explanation:

S8 is an elemental form of sufur. In elemental form it can't be reduced or oxidized. Hence, it oxidation number is zero and thus sulfur is zerovalent here.

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Filed Under: Chemistry
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Q:

Monopotassium tartarate was used in

A) Fertiliser B) Explosives
C) Photography D) Baking
 
Answer & Explanation Answer: D) Baking

Explanation:

Monopotassium tartarate was used in baking powder.

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Filed Under: Chemistry
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Q:

Managerial Accounting is also called

A) Control accounting B) Management accounting
C) Cost accounting D) Both B & C
 
Answer & Explanation Answer: D) Both B & C

Explanation:

Managerial Accounting is also called as Management accounting or Cost accounting. It is the process of identifying, measuring, analyzing, interpreting, and communicating information to managers of an organization. Then that managers use the provisions of accounting information in order to better inform themselves before they decide matters within their organizations, which aids their management and performance of control functions.

 

managerial_accounting_is_also_called1561444774.jpg image

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Filed Under: Accounts Payable
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