Questions

Q:

The single-step income statement emphasizes

A) the various components of income from continuing operations B) extraordinary items and accounting changes more than these are emphasized in the multiple-step income statement
C) total revenues and total expenses D) the gross profit figure
 
Answer & Explanation Answer: C) total revenues and total expenses

Explanation:

The single-step income statement emphasizes


1. total revenues and total expenses.

2. Revenues

3. Expenses

4. Net income

The primary advantage of the single step fromat lies in its simple presentation and the absence of any implication that one type of revenue or expense item has priority over another.

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

8 4385
Q:

The 'Puttingal Temple' is located in which of the following states ?

A) Tamilnadu B) Bihar
C) Uttar Pradesh D) Kerala
 
Answer & Explanation Answer: D) Kerala

Explanation:

Puttingal Temple was a Hindu temple in the coastal town of Paravur, India. The temple was founded after the presence of the goddess was experienced on an ant hill with Puttu being the Malayalam word for ant Hill.

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Filed Under: Indian Geography
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk

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Q:

You have started your own company based upon PMI methodologies and have been contracted by the government to develope a new interface for one of its computer applications. You develope a solution and win the bid for the contract but encounter problems at the end of the project when the customer says that you did not fullfill their needs. You are throughly shocked. What is your conclusion of the situation?

A) There are always more customers available B) If the customer is not satisfied, the project is not successful
C) Change control management was not effective D) The customer did not communicate very well
 
Answer & Explanation Answer: B) If the customer is not satisfied, the project is not successful

Explanation:

Answer A is incorrect because without satisfied customers, we do not have potential for new projects. Answer C is incorrect because the change control management process would have likely resolved this problem. Answer D is incorrect because it is the project manager's responsibility to seek communication with the customer to set realistic expectations.

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Filed Under: PMP Certification

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Q:

The Bhakra Nangal Multipurpose proje3ct is a joint venture of _____

A) Punjab and Haryana only B) Punjab,Haryana and Rajasthan only
C) Punjab, Haryana, Rajasthan and Himachal Pradesh D) Punjab and Himachal Pradesh only
 
Answer & Explanation Answer: B) Punjab,Haryana and Rajasthan only

Explanation:
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Filed Under: Indian Geography

33 4382
Q:

Pure Banking, Nothing Else - is a slogan of

A) YES Bank B) SBI Bank
C) Axis Bank D) HDFC Bank
 
Answer & Explanation Answer: B) SBI Bank

Explanation:

"Pure Banking, Nothing Else" - is a slogan raised by SBI -  State Bank of India.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

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Q:

What name, taken from a medieval fortress near London , was adopted as the official name of the British Royal family in 1917?

Answer

Windsor

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Q:

The invasion of which of these countries in 1939 widely regarded to have started World War II ?

A) Italy B) Germany
C) Poland D) France
 
Answer & Explanation Answer: C) Poland

Explanation:
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Filed Under: World History

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Q:

Which IT company has developed Financial Core - a banking software product?

A) Wipro B) Satyam
C) Infosys D) TCS
 
Answer & Explanation Answer: C) Infosys

Explanation:
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Filed Under: Business Awareness

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