Bank Exams Questions

Q:

What is 'Three-Way Match' refers in Acconting ?

Answer

In accounting, the Three-way Match refers to a procedure used when processing an invoice received from a vendor or supplier. The three-way match is an important step in safeguarding an organization's assets. The purpose of the three-way match is to avoid paying incorrect and perhaps fraudulent invoices.


Here Three-way refers to the three documents involved :


* Vendor's invoice which was received and will become part of an organization's accounts        payable if approved.


* Purchase order that was prepared by the organization.


* Receiving report that was prepared by the organization.


And Match refers to the comparison of the quantities, price per unit, terms, etc. appearing on the vendor's invoice to the information on the purchase order and to the quantities actually received.


After the vendor's invoice has been validated by the three-way match, it can be further processed for payment.

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

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Q:

What does preceded in death mean?

Answer

We know that, preceeded means to come before. 


Hence, the given sentence, preceded in death means that person had died before this person.


 


For example :: Rahul preceeded Ravi in death, means Rahul died before Ravi.

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Subject: English Exam Prep: Bank Exams , CAT , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

To slap with a flat object

A) Gnaw B) Chop
C) Swat D) Hew
 
Answer & Explanation Answer: C) Swat

Explanation:

The one word substitute for To slap with a flat object is SWAT.

 

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Filed Under: English
Exam Prep: Bank Exams , GRE

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Q:

The following bar graph shows the percentage of chairs produced by two companies Neel Kamal and Raj Kamal during five different years. Bar graph also shows the total no. of chairs produced in different years associated with it. Study the graph carefully to answer the following questions.

bar_g1527828671.jpg image

Question 1)  Find the average no. of chairs produced by Raj Kamal in the years 2004, 2006 and 2007 together.

 

Question 2)  What is the ratio of no. of chairs produced by Neel Kamal in the years 2007 and 2008 together to that by Raj Kamal in the same years together?

 

Question 3)  If 12% chairs out of total chairs produced in the year 2008 were defective and in them ratio of defective chairs by Raj Kamal and Neel Kamal is 2 : 3 then find the no. of defective chairs produced by Neel Kamal in the year 2008.

Answer

Answer 1)  


1/3 x (54 x 150 + 60 x 300 + 36 x 450)


= 1/3 x 42300


= 14100.


 


Answer 2)


Required ratio of chairs = 64 x 450 + 56 x 50036 x 450 + 44 x 500


= 56800/38200


= 284/191.


 


Answer 3)


 


Required number of chairs =  35 x 12100 x 50000
= 3600.


 

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Q:

Solely means

A) exclude B) include
C) only D) rival
 
Answer & Explanation Answer: C) only

Explanation:

Solely means only, simply or merely.

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

2 3124
Q:

Gasoline is useful in cars because it has

A) chemical potential energy B) electrical potential energy
C) gravitational potential energy D) kinetic energy
 
Answer & Explanation Answer: A) chemical potential energy

Explanation:

Gasoline is a colorless petroleum-derived flammable liquid that is used primarily as a fuel in spark-ignited internal combustion engines. It consists mostly of organic compounds obtained by the fractional distillation of petroleum, enhanced with a variety of additives. It is also called as Petrol. It has chemical potential energy, in combustion it is turned into light, sound, heat and kinetic energy.

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

What is more useful when it is broken?

Answer

An Egg is more useful when it is broken than it is not.

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Q:

_________ is a specialized server that enables the client to share application and data across the network.

A) Mass Server B) File server
C) Data Server D) Host Server
 
Answer & Explanation Answer: B) File server

Explanation:
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Filed Under: Computer
Exam Prep: AIEEE , Bank Exams
Job Role: Bank Clerk

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