Explore topic-wise InterviewSolutions in Current Affairs.

Correct option: c. Strawberry

If moisture increases in vegetation, the spectral reflectance graph will be Lower.

Correct option: b. Peas

Correct option: a.10-12%

Correct option: a. Honeybee

Correct answer is a. Brassicaceae 

Correct option: d. Rhizobium

Correct answer is c. T budding 

Correct option: d. Seeds

Correct option: a. Peas

Correct option: a. Seed

Spread sheet.

Depreciation 

It is the gradual exhaustion of the usefulness of a property. This may be defined as the decrease or loss in the value of a property due to structural deterioration, life wear and tear, decay, and obsolescence.

Methods of depreciation

Different methods to calculate depreciation are as follows :

a) Straight-line method

b) Constant percentage method

c) Sinking fund method

d) Quantity survey method

• Straight line method: It is the simplest method of depreciation. In this method it is assumed that the book value of an asset will decrease by same amount every year over the useful life till its salvage value is reached. In other words, the book value of the asset decreases at a linear rate with the time period.
• Constant percentage method: In this method, it is assumed that the property will lose its value by a constant percentage of its value at the beginning of every year.
• Sinking Fund Method: In this method, the depreciation of a property is assumed to be equal to the annual sinking fund plus the interest on the fund for that year, which is supposed to be invested on interest bearing investment.

Power Point.

Power Point.

Utilities is designed to help computer for its smooth functioning. 

This method is adopted especially when it is desired not merely to write off an asset but also to provide enough funds to replace an asset at the end of its working life.

The expenditure incurred for day to running of the business or for maintaining the earning capacity of the business is known as revenue expenditure, it is recurring in nature. it is incurred to generate revenue for a particular accounting period

Tailor made software.

Tailor made software

American Accounting Association has defined accounting as “the process of identifying, measuring and communicating economic decisions by users of the information.”

Source documents are the authentic evidences of financial transactions. These documents show the nature of transactions the date, the amount and the parties involved. Source documents include cash receipts, invoice, debit note, credit note, payin-slip, salary bills, wage bills, cheque record slips etc.

1. Balance method 

2. Total method 

3. Total and balance method

1. Purchases book

2. Sales book

3. Purchases return book

4. Sales return book

A Balance Sheet is a statement prepared to ascertain the true position of assets and liabilities as on a particular date. It is prepared at the end of the accounting period, after the preparation of Trading and Profit and Loss account. It is called Balance sheet, as it is a statement prepared with the balance of accounts left after the preparation of Trading and Profit and Loss account.

It gives clear picture of the financial position of the concern. Accounts of Assets, liabilities and Owner’s equity are shown in the Balance Sheet. Items of liabilities and capital are shown on the left side, known as “liabilities” side and the item of assets are shown on the right-hand side, known as “Assets” side of the balance sheet. 

Balance sheet is prepared with the following objectives.

1. To ascertain the financial position of the concern.

2. To ascertain the nature of assets and liabilities of the firm.

3. To know about the source and application of funds.

4. To ascertain working capital as on the date of Balance sheet.

5. To ascertain the excess of assets over external liabilities.

The trading account is an account which shows the results of buying and selling of goods or services. It contains summarized form of all the transactions occurring during a trading period. This account is credited with direct incomes and debited with direct expenses.

Trading account is prepared to ascertain the gross result of the business. The gross result of the business is either gross profit or gross loss. If the net sales exceeds cost of goods sold then there is gross profit and if the opposite takes place, there is a gross loss.

Gross profit = Net sales – Cost of goods sold Gross Loss = Cost of goods sold – Net Sales Purposes of a trading account are:

1. To ascertain the gross profit or gross loss.

2. To enable the management to make a comparison of gross profit or gross loss with that of the previous year.

3. To ascertain different ratios such as gross profit ratio, ratio of cost of goods sold to sales etc.

1. Revenue 

2. Capital 

3. Capital 

4. Revenue 

5. Capital

1. Capital 

2. Revenue

3. Revenue

1. Capital

2. Revenue 

3. Revenue

The correct answer is : (d) None

(c) Supplier’s A/c

The various branches of accounting are: 

1. Financial Accounting: 

It involves recording of financial transactions and events. 

2. Cost Accounting: 

It involves the collection, recording, classification and appropriate allocation of expenditure for the determination of the costs of products or services and for the presentation of data for the purposes of cost control and managerial decision making.

3. Management Accounting: 

It is concerned with the presentation of accounting information in such a way as to assist management in decision making and in the day-to-day operations of an enterprise.

4. Social Responsibility Accounting: 

It is concerned with presentation of accounting information by business entities and other organizations from the view point of the society by showing the social costs incurred such as environmental pollution by the enterprise and social benefits such as infrastructure development and employment opportunities created by them.

5. Human Resources Accounting: 

It is concerned with identification, qualification and reporting of investments made in human resources of an enterprise.

1. Hardware

2. Software

3. People

4. Procedure

5. Data

6. Connectivity

Computerised Accounting System (CAS) refers to the system of maintaining accounts using computers. It involves the processing of accounting transactions through the use of hardware and software in order to keep and produce accounting records and reports.

The correct answer is : (c) Six

(d) Cash book

(b) Recurring

The correct answer is : (b) Two

(b) Trial balance 

Calculation∶

The series follows following pattern

2 + (1 × 3) = 5

5 + (2 × 3) = 11

11 + (3 × 3) = 20

20 + (4 × 3) = 32

32 + (5 × 3) = 47

47 + (6 × 3) = 65

For each value of x ∈ R, x − x + √2 that is √2 is an irrational number.

It is reflexive.

Let x = √2 and y =2 then x − y + √2 = 2√2 – 2 which is irrational but when y = √2 and x = 2, x − y = √2 is not irrational.

It is not symmetric.

Let x − y + √2 is irrational & y − z + √2 is irrational then in above case let x = 1; y = √2 × 2 & z = 2

Hence x − z + √2 is not irrational, so, the relation is not transitive.

Given:

A takes 6 hours to type 32 pages on a computer.

B takes 5 hours to type 40 pages.

Calculations: 

Typing speed of A = 32/6 = (16/3) pages/hour

Typing speed of B = 40/5 = 8 pages/hour

So, the number of hours needed for typing 1 page by them

= (3/16) + (1/8) = 5/16

Hence, the time taken to type 110 pages by them working together simultaneously is obtained as:

⇒ (5/16) × 110 = 34.375 hours ≈ 34 hours

∴ They will take 34 hours, when working together simultaneously.

Let A(1,λ), B(3,-2), C(-3,16) be the vertices of abc, then the area of the triangle formed by them would be zero. 

⇒ 0 = \(\frac{ 1}{2}|(x_1(y_2-y_3)+x_2(y_3-y_1)+x_3(y_1-y_2))| \)

⇒ 0 = 1(-2-16) + 3(16 - λ) + -3(λ + 2)

⇒ 0 = -18 + 48 - 6 - 3λ - 3λ

∴ 6λ = 24 ∴ λ = 4

(1) N stands for acrylonitrile 

Answer is 5.53.

(b) two and only two

Correct option  (c) 3/2

Explanation:

Given equation 2x² – 4x + 3 = 0

Product of roots = c/a = 3/2

Correct option (d) – 1

Explanation:

Given polynomial P(x) = x² – 3x – 4

⇒ P(x) = x² – 3x – 4

= x² – 4x + x – 4

= x (x – 4) + 1 (x – 4)

= (x – 4) (x + 1)

Zeroes = – 1 , 4