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Q:

Accrual accounting is used because

A) it provides a better indication of ability to generate cash flows than the cash basis. B) it recognizes revenues when cash is received and expenses when cash is paid.
C) cash flows are considered less important. D) All of the above
 
Answer & Explanation Answer: A) it provides a better indication of ability to generate cash flows than the cash basis.

Explanation:
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Filed Under: Accounts Payable
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

You can have me but cannot hold me; Gain me and quickly lose me. If treated with care I can be great, And if betrayed I will break.

What am I?

Answer

TRUST.

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Subject: Word Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Accounts that normally have debit balances are

A) Assets,Expenses,and Common stock B) Assets,Dividends,and Expenses
C) Assets,Expenses,and Revenues D) All of the above
 
Answer & Explanation Answer: B) Assets,Dividends,and Expenses

Explanation:
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Filed Under: Accounts Payable
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

Where does most weather occur in the atmosphere?

A) Ionosphere B) Stratosphere
C) Troposphere D) Mesosphere
 
Answer & Explanation Answer: C) Troposphere

Explanation:

The troposphere is the lowest layer of the atmosphere and where most clouds are. That means all weather is in the troposphere. Almost all weather occurs in the Troposphere, basically, the lowest layer that goes up to about 10 - 15 kms.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

A command economy tends to exist under a

A) Representative government that provides no regulation. B) Socialist government that provides a lot of regulation.
C) Communist government that provides little regulation. D) Democratic government that provides some regulation.
 
Answer & Explanation Answer: B) Socialist government that provides a lot of regulation.

Explanation:

A command economy types of government decide which goods would be produced without any interference of the public.


Command economy ran in Germany during the rule of Adolf Hitler. 

 

A command economy tends to exist under a socialist government that provides a lot of regulation.

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Filed Under: Indian Economy
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Q:

The Indira Gandhi Zoological Park is located in which state?

A) Sikkim B) Manipur
C) Andhra Pradesh D) Mizoram
 
Answer & Explanation Answer: C) Andhra Pradesh

Explanation:

The Indira Gandhi Zoological Park is located in Vishakapatnam (Vizag) in the state of Andhra Pradesh.

Indira_Gandhi_Zoological_Park_is_located_in1549605716.jpg image

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Filed Under: Indian Geography
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

Which line is an example of the poetic technique metonymy?

A) I’m martyr to a motion not my own B) These old bones live to learn her wanton ways
C) Let seed be grass, and grass turn into hay D) I swear she cast a shadow white as stone
 
Answer & Explanation Answer: B) These old bones live to learn her wanton ways

Explanation:

Metonymy is a figure of speech in which a thing or concept is referred to by the name of something closely associated with that thing or concept. Hence it occurs when a word is replaced by a word that has an obvious relation to itself.

 

In the given example of the text, the bones refer to the human being.

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Filed Under: English
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
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Q:

How long can a beaver hold its breath?

A) 15 min B) 25 min
C) 35 min D) 55 min
 
Answer & Explanation Answer: A) 15 min

Explanation:

Beavers Can Hold Their Breath for 15 Minutes Underwater.

beaver_water1531199458.jpg image

The behavior of beavers means that they need to be able to remain underwater for several minutes at a time.

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Filed Under: Animals and Birds
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank PO

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