Bank Clerk Questions

Intangible asset that consists of original creative work manifested in a tangible form that can be legally protected. Intellectual property consists of copyrights, patents, trade-marks and trade secrets. Examples include literary or artistic works, business methods and industrial processes.

Lime mortar is generally made with Hydraulic lime.

Force of impact is the force when the objects meet. The speed of the object plays an important role in the generation of force of impact. The laws of physics determine that the force of impact increases with the square of the increase in speed.

1. A fixed budget is established for a specific level of activity whereas flexible budget is prepared for various levels of activity.

2. Fixed budget cannot be changed after the period commences, whereas a flexible budget can be changed after the period commence.

3. Fixed budget is more suitable for fixed expenses whereas flexible budget takes both fixed as well as variable expenses in account.

4. Fixed budget includes only fixed costs, whereas a flexible budget includes fixed costs, variable costs and semi variable costs.

5. Fixed budget is mainly used in planning stage whereas flexible budget is used in controlling stage.

Economic resources include land, labour, capital and entrepreneurship. 

Entrepreneurship is also considered an economic resource because individuals are responsible for creating businesses and moving economic resources in the business environment.

These economic resources are also called as Factors of production.

Chemical weathering is what happens when rocks are broken down and chemically altered.

Chemical weathering is the breakdown of rocks by chemical reactions. Chemical weathering involves changes in the chemical composition of the existing rock to form new rock. Some examples of chemical weathering are hydrolysis, oxidation, carbonation, dissolution, etc.