CAT Questions

Q:

Bad debt expense is reported on the income statement as

Answer

Bad debts expense often refers to the loss that a company experiences because it sold goods or provided services and did not require immediate payment. The loss occurs when the customer does not pay the amount owed. In other words, bad debts expense is related to a company's current asset accounts receivable.


 


You have already recorded the Rs. 100 in your accounts receivable, and you need to eliminate that amount. As you use double-entry accounting, you must record a Rs. 100 credit to your accounts receivable and a Rs. 100 debit to your allowance for doubtful accounts or your bad debts expense column.

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Subject: Accounts Receivable Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

For which branch of government is the president responsible?

A) Legislative B) Executive
C) Judicial D) All of the above
 
Answer & Explanation Answer: B) Executive

Explanation:

The president is responsible for the executive branch of the government. The three branches of the government are :

1. Legislative

2. Executive

3. Judicial

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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Who is appointed as UNICEF's ambassador for Goodwill?

A) Lilly Singh B) Iravati Dubey
C) Lillete Dubey D) Rosa Mendes
 
Answer & Explanation Answer: A) Lilly Singh

Explanation:
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Filed Under: Famous Personalities
Exam Prep: CAT , Bank Exams , AIEEE

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Q:

Which best describes the practice of outsourcing?

Answer

 


In business, outsourcing is an agreement in which one company contracts its own internal activity to different company. It involves the contracting out of a business process (e.g. payroll processing, claims processing) and operational, and/or non-core functions (e.g. manufacturing, facility management, call center support) to another party (see also business process outsourcing).


 


A company moves some of its jobs to another country and employing workers in other countries to save on labor costs best describes the practice of outsourcing.

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Subject: Business Intelligence Exam Prep: AIEEE , Bank Exams , CAT
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Q:

Weight of an object on the moon is ............ the weight of the object on earth.

A) equal to B) 1/6th
C) 1/2 D) 1/5th
 
Answer & Explanation Answer: B) 1/6th

Explanation:
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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Two whole numbers are such that the cube of first number exceeds the cube of second by 61 and the ratio of the numbers is 5:4. What is the value of larger number?

A) 3 B) 4
C) 5 D) 6
 
Answer & Explanation Answer: C) 5

Explanation:
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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams , CAT

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Q:

Currency notes and coins of one rupee and lower denominations are issued by the ___________.

A) State Bank of India B) Government of India
C) Reserve Bank of India D) Ministry of Finance
 
Answer & Explanation Answer: D) Ministry of Finance

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT

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Q:

Which of the following is not true of graded potentials?

A) They can form on receptor endings B) They increase amplitude as they move away from the stimulus point
C) They are short-lived D) They can be called postsynaptic potentials
 
Answer & Explanation Answer: B) They increase amplitude as they move away from the stimulus point

Explanation:

Graded potentials are changes in membrane potential that vary in size, as opposed to being all-or-none.

 

In the given options, They increase amplitude as they move away from the stimulus point is not true about the graded potentials.

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Filed Under: Biology
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