Bank Exams Questions

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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.

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.

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

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.

Solely means only, simply or merely.

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.

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