Bank Clerk 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.

In chemistry, Weak bonds are those forces of attraction that, do not take a large amount of energy to break.

For example, hydrogen bonds are broken by energies in the order of 4 - 5 kcal/mol.

Ionic bonds, hydrogen bonds and van der Waals interactions are considered weak bonds.

Weak bonds are transient and easily reversible.

The Chemical name of Gold is Aurum with symbol Au with atomic number 79 and a group 11 element. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal.

Chemically, gold is a transition metal.

We know that polar substances are soluble in polar solvents and non polar substances are soluble in non-polar solvents only. Here the hydrocarbons are non-polar molecular substances and water is a polar solvent. So water can't dissolve hydrocabons.

Hence, as hydrocarbons are non-polar substances, they are insoluble in water as it is a highly polar solvent. 

The interviewer wants to know that you don't just jump into a solution without knowing the problem in detail. You want to study the problem by determining the cause of the problem, what the problem is, and what the possible solutions are. You then decide on a solution.

Following steps for problem-solving and decision-making can be very helpful.

- Define the problem to be solved and decision to be made.
- Gather the necessary information.
- List all possible choices.
- Consider possible outcomes for each choice.
- Check out how you feel about each of the choices.
- Relate the choices to your values and priorities.
- From the possible alternatives, choose one.
- Commit yourself to your chosen decision and disregard the others. Concentrate your energies   in one direction. Once we made our decision, we must focus all our work on that itself.
- Take steps to turn your decision into positive action.
- Evaluate your progress from time to time. Change your decision if necessary.

In high plateaus of the Hot  Wet Equatorial Region the temperature is very much lower and so the "Ecuador type' of climate develops typically on the high plateau of Ecuador at an elevation of about 2430 to 3050 meter. Because of the pleasant average temperature of, 13oC. This is described as the "Land of eternal spring".