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

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Q:

Which of the following is a legal requirement for PFDs?

A) PFDs must be properly sized for the intended wearer. B) Must be in good, serviceable condition.
C) Sizing for PFDs is based on body weight and chest size. D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

PFD's : Personal Flotation Devices (life jackets).

 

It is a legal requirement for a PFD to

1. Must be in good, serviceable condition 

2. PFDs must be properly sized for the intended wearer.

3. Sizing for PFDs is based on body weight and chest size.

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

Which Article of the Constitution of India accords Special status to the state of Jammu and Kashmir?

A) 311 B) 324
C) 356 D) 370
 
Answer & Explanation Answer: D) 370

Explanation:
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Filed Under: Indian Politics

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Q:

Assuming that the phases in a project are concept, development, implementation and termination, which phase typically has the highest degree of uncertainty?

A) Concept B) Development
C) Implementation D) Termination
 
Answer & Explanation Answer: A) Concept

Explanation:

The first phase in a project always has the greatest degree of uncertainty because at this point in time the product is the least well defined. PMBOK, See figure 2-2. [2.1.1]

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Filed Under: PMP Certification

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Q:

The 'Neticket' scheme, which allows a passenger to fly without ever visiting a reservation counter has been introduced by :

A) Jet Airwaya B) Sahara Air
C) Indian Airlines D) None of these
 
Answer & Explanation Answer: C) Indian Airlines

Explanation:
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Filed Under: Business Awareness

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Q:

The biogenetic law was proposed by

A) Alfred Russel Wallace B) Charles Darwin
C) Ernst von Haeckel D) Lamarck
 
Answer & Explanation Answer: C) Ernst von Haeckel

Explanation:

The biogenetic law states that ontogeny (study of development) repeats phylogeny (origin from previous group of racial history), The young one of the frog namely the tadpole is like a fish cosidered to be ancestral to frog.

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Filed Under: Biology

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Q:

Which of these is NOT a lipid?

A) Wax B) Cholesterol
C) RNA D) Phospholipid
 
Answer & Explanation Answer: C) RNA

Explanation:

RNA is not a lipid among the given options.

 

A lipid is a substance of biological origin that is soluble in nonpolar solvents. It comprises a group of naturally occurring molecules that include fats, waxes, sterols, fat-soluble vitamins (such as vitamins A, D, E, and K), monoglycerides, diglycerides, triglycerides, and phospholipids.

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Filed Under: Biology
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Q:

Which is the liquid that shows Capillary fall?

Answer

Mercury

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Subject: Physics

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