Bank Clerk Questions

The above-given statement is absolutely true. Poorly tuned engines of vehicles will not get good gas mileage.

A poorly running engine may lose power that is needed for normal driving and emergencies, may not start, gets poor fuel economy, pollutes the air, and could stall when you are on the road causing a traffic problem.

Internal control, as defined in accounting and auditing, is a process for assuring achievement of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies. A broad concept, internal control involves everything that controls risks to an organization.

Internal control is all of the policies and procedures management uses to achieve the following goals.

• Safeguard University assets - well designed internal controls protect assets from accidental loss or loss from fraud.

• Ensure the reliability and integrity of financial information - Internal controls ensure that management has accurate, timely and complete information, including accounting records, in order to plan, monitor and report business operations.

• Ensure compliance - Internal controls help to ensure the University is in compliance with the many federal, state and local laws and regulations affecting the operations of our business.

• Promote efficient and effective operations - Internal controls provide an environment in which managers and staff can maximize the efficiency and effectiveness of their operations.

• Accomplishment of goals and objectives - Internal controls system provide a mechanism for management to monitor the achievement of operational goals and objectives.

Hence, Internal controls are concerned with safeguarding assets.

Compounding frequency :

The time periods when interest will be calculated on top of the original loan amount (or) The number of compounding periods in one year.

The greater the compounding frequency, the more often your interest is calculated and added back into your account.

Given that three athletes can complete one round around a circular field in 16, 24 and 36 min respectively.

Now, required time after which they met for the first time = LCM of (16, 24 & 36) min

Now, LCM of 16, 24, 36 = 144 minutes = 2 hrs 24 min.

Acid which is present in vinegar is approximately 5 % of acetic acid. This can be confirmed by testing the vinegar with magnesium which gives out hydrogen as a gas.

Infosys had acquired the product design and customer experience (CX) company Brilliant Basics in a cash deal worth 7.5 million pounds, including earn-out and employee retention amounts.

Two angles whose sum is 180 degrees are called supplementary angles.

Darkness.