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Question : Writing off bad debts against the provision for doubtful debts; would result in inflow/outflow/no flow of Cash and Cash Equivalents:

Option 1: Inflow of cash

Option 2: Outflow of cash

Option 3: Neither inflow Nor outflow

Option 4: Cash and cash equivalent

Team Careers360 11th Jan, 2024

Correct Answer: Neither inflow Nor outflow


Solution : Answer = neither inflow nor outflow of cash

If bad debt is written off against provision for doubtful debts would result in no flow of cash
Provision for doubt full debt A/ C Dr
To Bad debts A/c
Hence, the correct option is 3.

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Question : Comprehension:

In the following passage, some of the words have been deleted. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.
Social media platforms and many people on them have their own (1)______and they are often trying to sell you things. So, be (2)________of how much time and energy you give to sellers and users and think about (3)________they want from you when engaging. To gauge which uses are positive and (4)_____and which are detrimental, ask yourself simply, when does using social media make me feel good or bad, and why? Do I (5)_______use it all of the time?

Question:
Select the most appropriate option to fill in the blank number (5).

Option 1: could

Option 2: need to

Option 3: ought to

Option 4: must

Team Careers360 19th Jan, 2024

Correct Answer: need to


Solution : The correct answer is the second option.

Explanation: In the given context, "need to" implies a sense of necessity or obligation. The question is whether constant or frequent use of social media is a requirement or necessity for the reader. The use of "need to" suggests that the reader should consider if there is a genuine and compelling need or obligation to use social media all the time. It emphasises the idea of reflecting on the necessity of constant engagement with social media platforms.

Therefore, the correct word to fill in the blank (5) is need to.

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Question : Writing off bad debts against the provision for doubtful debts; would result in inflow/outflow/no flow of Cash and Cash Equivalents:

Option 1: Inflow of cash

Option 2: Outflow of cash

Option 3: Neither inflow Nor outflow

Option 4: Cash and cash equivalent

Team Careers360 18th Jan, 2024

Correct Answer: Neither inflow Nor outflow


Solution : Answer = neither inflow nor outflow of cash

If bad debt is written off against provision for doubtful debts would result in no flow of cash
Provision for doubt full debt A/ C Dr
To Bad debts A/c
Hence, the correct option is 3.

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