Analyst Questions

Internal control, as defined in accounting and auditing, is a process for assuring achievement of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies. A broad concept, internal control involves everything that controls risks to an organization.

Internal control is all of the policies and procedures management uses to achieve the following goals.

• Safeguard University assets - well designed internal controls protect assets from accidental loss or loss from fraud.

• Ensure the reliability and integrity of financial information - Internal controls ensure that management has accurate, timely and complete information, including accounting records, in order to plan, monitor and report business operations.

• Ensure compliance - Internal controls help to ensure the University is in compliance with the many federal, state and local laws and regulations affecting the operations of our business.

• Promote efficient and effective operations - Internal controls provide an environment in which managers and staff can maximize the efficiency and effectiveness of their operations.

• Accomplishment of goals and objectives - Internal controls system provide a mechanism for management to monitor the achievement of operational goals and objectives.

Hence, Internal controls are concerned with safeguarding assets.

Uracil is not found in DNA but found in RNA.

Indica is the book written by Greek historian "Megasthenes" in which he described India like how is the Indians life, what way of life is followed, etc...

Rights guaranteed by law, is the best description of Civil liberties.

Civil liberties are also called as personal freedoms. They are personal guarantees and freedoms that the government cannot abridge, either by law or by judicial interpretation, without due process.

Given speed of the bike after servicing = 55 kmph

Time taken for travelling some distance at 55 kmph = 5 hrs

Then, 

Distance = Speed x Time = 55 x 5 = 275 kms.

Now, 

Speed of the bike before servicing = 35 kmph

Distance = 275 kms

Now, Time = Distance/Speed = 275/35 = 7.85 hrs =~ 8 hrs.

Cosmology is the scientific study of the large scale properties of the universe as a whole. It endeavors to use the scientific method to understand the origin, evolution and ultimate fate of the entire Universe.

Depending on the outcome of the observations, the theories will need to be abandoned, revised or extended to accommodate the data. The prevailing theory about the origin and evolution of our Universe is the so-called Big Bang theory.

Sir Francis Drake was the first Englishman to sail around the world.

From a, we conclude that Vinitha is the wife of Ragini's mother's only son i.e. Ragini's brother. Thus, Vinitha is Ragini's sister-in-law.

From b, we conclude that Vinitha is the cousin of Ragini's husband, which implies that Vinitha is Ragini's sister-in-law.