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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

 

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1240
Q:

Who among the following is considered as a political guru of Mahatma Gandhi?

A) Dadabhai Naoroji B) Gopal Krishna Gokhale
C) Lala Lajpat Rai D) Bal Gangadhar Tilak
 
Answer & Explanation Answer: B) Gopal Krishna Gokhale

Explanation:
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Filed Under: Famous Personalities
Exam Prep: Bank Exams

1 1239
Q:

What is the slope of the line perpendicular to the line passing through the points (­6,3) and (2,7)?

A) -2 B) 2
C) 1/2 D) -1/2
 
Answer & Explanation Answer: A) -2

Explanation:
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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

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Q:

HTTP in computer science stands for?

A) HyperText Transmission Protocol B) HyperText Transfer Protocol
C) HyperText Technology Protocol D) HyperText Total Protocol
 
Answer & Explanation Answer: B) HyperText Transfer Protocol

Explanation:
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Filed Under: Computer
Exam Prep: Bank Exams

3 1239
Q:

Select the odd word/letters/number/number pair from the given alternatives.

A) XTD B) TSE
C) MDI D) SOD
 
Answer & Explanation Answer: B) TSE

Explanation:
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Filed Under: Odd Man Out
Exam Prep: Bank Exams

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Q:

A series is given with one term missing. Choose the correct alternative from the given ones that will complete the series.

 

OP, ST, XY, DE, ?

A) KN B) KL
C) GI D) WE
 
Answer & Explanation Answer: B) KL

Explanation:
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Filed Under: Alphabet Test
Exam Prep: Bank Exams

2 1239
Q:

A piece of paper is folded and punched as shown in the figure. Indicate how it will appear when it is opened?

A) 1 B) 2
C) 3 D) none
 
Answer & Explanation Answer: C) 3

Explanation:
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Filed Under: Paper Folding
Exam Prep: Bank Exams

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Q:

What are the co-ordinates of the centroid of a triangle, whose vertices are A(2 , 5), B(-4 , 0) and C(5 , 4)?

A) (-1 , 3) B) (1 , 3)
C) (1 , -3) D) (-1 , -3)
 
Answer & Explanation Answer: B) (1 , 3)

Explanation:
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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

0 1239