A: Internal check is a system of routine checks on the work of staff. R: Internal check is the same as internal audit. Choose the correct option. MCQ with Answer and Explanation
A: Internal check is a system of routine checks on the work of staff. R: Internal check is the same as internal audit. Choose the correct option.
A. Both A and R are true and R is the correct explanation of A
B. A is false but R is true
C. Both A and R are true but R is NOT the correct explanation of A
D. A is true but R is false
Answer: Option D
Solution (By JKSSB Mock Tests)
Internal check is a continuous, routine system where the work of one employee is automatically checked by another. Internal audit is a separate, continuous appraisal system by specialized staff. They are not the same. A is true, R is false.
Explanation:
The Degree of Operating Leverage (DOL) measures the sensitivity of EBIT to changes in sales. It is calculated as Contribution divided by EBIT (Earnings Before Interest and Taxes).
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