Questions

Q:

The principles of internal control include

A) Maintain Records B) Segregate of Duties
C) Mandatory Employee Rotation D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

The principles of internal control are the concepts management uses to establish the ways to protect company assets.


The main internal control principles include:

  • Establish Responsibilities
  • Maintain Records
  • Insure Assets by Bonding Key Employees
  • Segregate of Duties
  • Mandatory Employee Rotation
  • Split Related Party Responsibility
  • Use Technological Controls
  • Perform Regular Independent Reviews

 

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 689
Q:

The forces between two bodies are always equal and opposite. This idea is stated in the form of Newton's

A) first and second law of motion B) first law of motion
C) third law of motion D) second law of motion
 
Answer & Explanation Answer: C) third law of motion

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Physics
Exam Prep: Bank Exams

0 689
Q:

According to Dr. B. R. Ambedkar who shall be the most important officer under the Constitution of India?

 

A) Chairman of Union Public service Commission B) Chairman of Election Commission of India
C) Chief Justice of India D) Comptroller and Auditor General of India
 
Answer & Explanation Answer: D) Comptroller and Auditor General of India

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

0 688
Q:

Which aircraft carrier was formally inducted into the Indian Navy by Prime Minister Narendra Modi in the year 2014?

A) INS Vikrant B) INS Vikramaditya
C) INS Viraat D) INS Chakra
 
Answer & Explanation Answer: B) INS Vikramaditya

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

1 688
Q:

In April 2017, Agriculture Ministry Unveiled Model APMC Act. The new Act proposes to put a Cap on Mandi taxes at what rate (in percent) for food grain?

A) 5 B) 1
C) 2.5 D) 8
 
Answer & Explanation Answer: B) 1

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 688
Q:

What are transition elements?

A) Elements whose two outermost shells are incomplete B) Elements which possess properties of both, metals and non-metals
C) They have eight electrons in the outermost shell D) Elements whose three outermost shells are incomplete
 
Answer & Explanation Answer: A) Elements whose two outermost shells are incomplete

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Chemistry
Exam Prep: Bank Exams

0 688
Q:

Indian athlete Neeraj Chopra created history by becoming the first Indian to get gold in a world athletics championship. What was his sport?

A) Long jump B) Shot put
C) Discus throw D) Javelin throw
 
Answer & Explanation Answer: D) Javelin throw

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Sports
Exam Prep: Bank Exams

1 688
Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

 

She said to the shopkeeper, "My favourite colour is yellow."

A) She informs the shopkeeper that her favourite colour is yellow. B) She told the shopkeeper that her favourite colour is yellow.
C) She told the shopkeeper that her favourite colour was yellow. D) She tells the shopkeeper that her favourite colour is yellow.
 
Answer & Explanation Answer: C) She told the shopkeeper that her favourite colour was yellow.

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 688