Kerala PSC Previous Years Question Paper & Answer

Title : LECTURER IN COMMERCE TECHNICAL EDUCATION
Question Code : A

Page:2


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'LECTURER IN COMMERCE TECHNICAL EDUCATION' And exam conducted in the year 2015. And Question paper code was '233/2015'. Medium of question paper was in Malayalam or English . Booklet Alphacode was 'A'. Answer keys are given at the bottom, but we suggest you to try answering the questions yourself and compare the key along wih to check your performance. Because we would like you to do and practice by yourself.

page: 2 out of 12
Excerpt of Question Code: 233/2015

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The contribution is equal to :
(ക) Sales minus fixed cost 08 ತೆ cost plus variable cost
(0) Fixed cost minus loss (D) None of the above

Break even points Rs.30,000, profit Rs. 1,600 and fixed cost Rs. 6,000, Find out variable cost.
(A) 20,000 (B) 35,000
(0 40,000 (D) None of the above

Budget manual containg ————————— for the preparation of various budget.
(^) Planning (18 Agenda
(C) Strategies (D) Guideline

Dividend can be declared from : D ' '
(ಗ) Revenue profit (B) Capital Profit
(¢) Secret Reserve (1)) All of the above

Premium on redemption of preference shares are :
(ക Capital profit (B) Capital loss
(C) Revenue profit (D) Revenue loss

Which of the following is Non- trading charges?
(ಗ) Preliminary expenses written off (B) Provision for taxation
(¢) Loss on sale of non-current assets (D) All of the above

After the redemption of debentures, the balance of debenture sinking fund is transferred to :
(^) Debenture account (B) Profit and loss ete 1
(0 General reserve (D) Capital reserve

Contingent liability is shown due to convention of :

(A) Conservatism (B) Materiality

(C) Full disclosure (D) Matching concept
X, Ltd goes into liquidation and a new company Z Ltd, is formed to take over the business of
‘X' Ltd is a case of :

(ക Absorption (B) External reconstruction

(C) Amalgamation g (D) None of the above

233/2015 த A

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