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Q:

Revenue should be recognized when

A) the service is performed B) the customer charges an order
C) cash is received D) the customer places an order
 
Answer & Explanation Answer: A) the service is performed

Explanation:

Revenue should be recognized when it is realized or when it is earned. When a service is performed something is earned and revenue should be recognized.

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

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/Phrase.
Will-o-the wisp

A) Something that is impossible to get or achieve. B) To keep off an unwanted and undesirable person.
C) To spend recklessly. D) Accept or leave the offer.
 
Answer & Explanation Answer: A) Something that is impossible to get or achieve.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Chemical name of vinegar is

A) Onam B) Pongal
C) Bihu D) Hornbill
 
Answer & Explanation Answer: B) Pongal

Explanation:
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Filed Under: Chemistry

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Q:

Which of the following is NOT a primary green house gas in the earth's atmosphere?

A) Methane B) Ozone
C) Nitrous oxide D) Hydrogen
 
Answer & Explanation Answer: D) Hydrogen

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

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

 

A person’s last performance

 

A) Prognosis B) Elegy
C) Memoir D) Swan song
 
Answer & Explanation Answer: D) Swan song

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Select the word with the correct spelling.

A) bilowed B) prosadic
C) immanent D) quibles
 
Answer & Explanation Answer: C) immanent

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.

 

A nation’s progress

 

A-requires many policies, many

B-on many fronts

C-plans, and actions

 

A) ABC B) CBA
C) ACB D) CAB
 
Answer & Explanation Answer: C) ACB

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Filed Under: English
Exam Prep: Bank Exams

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Q:

 In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Inundate

 

A) Engulf B)  Immerse
C) Overrun   D) Underwhelm
 
Answer & Explanation Answer: D) Underwhelm

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

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