Analyst Questions

A Bank Reconciliation Statement is a statement prepared periodically by a customer to explain the divergence (difference) between the bank balance as per cash book and the bank balance as per Pass Book. It clearly shows the two differing balances and the outstanding items which causes the balances to disagree.

The objective of preparing such a statement is to know the causes of differences between the two balances and pass necessary correcting or adjusting entries in the books of the firm. But it is to be noted that some differences are automatically adjusted. For example - A cheque that has been sent for collection, but not yet collected, causes a difference between the balance as shown by the pass book and the balance as shown by the cash book, but no adjusting entry is required in the cash book for such a difference because, the bank will credit the firm’s account as soon as the cheque is collected.

Pollen is a male plant gamete. When microspores produced after meiosis process on microsporangia of male gametophyte undergo mitosis and forms pollen grains.

Convex mirror is used as rear view mirror in vehicles. Because the image is smaller, more image can fit onto the mirror, so a convex mirror provides for a larger field of view than a plane mirror. This is why they are useful.

Julius Robert Oppenheimer was an American theoretical physicist and professor of physics at the University of California, Berkeley. Oppenheimer was the wartime head of the Los Alamos Laboratory and is among those who are credited with being the "father of the atomic bomb" for their role in the Manhattan Project, the World War II undertaking that developed the first nuclear weapons. The first atomic bomb was successfully detonated on July 16, 1945, in the Trinity test in New Mexico.

Word processing, Spreadsheet and Photo editing are examples of Application Software.

Standard deviation measures total risk in stocks.