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Q:

Generally accepted accounting principles are

Answer

Generally Accepted Accounting Principles (GAAP) are basic accounting principles and guidelines are concepts that govern the field of accounting.


 


Accounting principles and guidelines include :


 


* Business Entity Assumption


* Accounting Period


* Historical Cost Concept


* Full Disclosure Principle


* Cost Principle


* Matching Principle


* Materiality


* Monetary Unit Assumption.

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Subject: Accounts Payable Exam Prep: AIEEE , Bank Exams , CAT
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Q:

What is the structure of an Italian sonnet?

A) Octave B) Pentagon
C) Hexane D) Quadrapul
 
Answer & Explanation Answer: A) Octave

Explanation:

Italian sonnets have 14 lines and are written in iambic pentameter. They are divided into two sections: the octave and the sestet. The octave of an Italian sonnet consists of the first eight lines of the poem. It follows an ABBAABBA rhyme pattern.

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Filed Under: English
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Q:

In a spreadsheet program how is data organized?

A) Rows and columns B) Layers and planes
C) Lines and spaces D) All of the above
 
Answer & Explanation Answer: A) Rows and columns

Explanation:
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Filed Under: Computer
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Q:

Common alcoholic beverages include

A) Wine B) Cider
C) Beer D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:
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Filed Under: General Science
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Q:

Which of the following is an application protocol?

A) HTTP B) TCP
C) IP D)  UDP
 
Answer & Explanation Answer: A) HTTP

Explanation:
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Filed Under: Computer
Exam Prep: Bank Exams

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Q:

The concept of net domestic investment refers to

A) the difference between the market value and book value of outstanding capital stock. B) total investment less the amount of investment goods used up in producing the year's output.
C) the amount of machinery and equipment used up in producing the GDP in a specific year. D) gross domestic investment less net exports.
 
Answer & Explanation Answer: B) total investment less the amount of investment goods used up in producing the year's output.

Explanation:
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Filed Under: Indian Economy
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Q:

Which sentence is Punctuated correctly?

A) The conference was only supposed to be an hour; however, it ran for nearly two and half hours. B) The conference was only supposed to be an hour, however; it ran for nearly two and half hours.
C) The conference was only supposed to be an hour. however, it ran for nearly two and half hours. D) The conference was only supposed to be an hour; however it ran for nearly two and half hours.
 
Answer & Explanation Answer: A) The conference was only supposed to be an hour; however, it ran for nearly two and half hours.

Explanation:

The correct punctuated sentence is A

The conference was only supposed to be an hour; however, it ran for nearly two and half hours.

 

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Filed Under: Verification of Truth of the statement
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Q:

Dantiwada Dam is located in?

A) Gujarat B) Sikkim
C) Andhra Pradesh D) Telangana
 
Answer & Explanation Answer: A) Gujarat

Explanation:

Dantiwada Dam is located in Gujarat.

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Filed Under: Indian Geography
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