Kerala PSC Previous Years Question Paper & Answer
Page:1
Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'LOWER DIVISION ACCOUNTANT KERALA SMALL INDUSTRIES DEVELOPMENT CORPORATION LTD' And exam conducted in the year 2015. And Question paper code was '171/2015'. 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.
171/2015
Maximum : 100 marks
Time : 1 hour and 15 minutes
1. Which of the following is not the objective of internal check?
(A) Division of work among the staff
(0) Error and fraud are automatically detected
(0) Prevention of error and frauds
(D) Allow the staff to do any single work from beginning to end
2. Right shares enjoy preferential right as regards :
(A) Payment of retained earnings (ए) Payment of dividend
(C) Payment of capital (D) None of the above
3. Which of the following methods of inventory valuation result in higher valuation of inventory
when there 18 a decreasing trend in prices?
ക്ര 1110 (B) LIFO
(C) HIFO (D) NIFO
4. The amount of depreciation charged under annuity method :
(ಗ) remains fixed for all years (B) decreases every year
)© increases every year (D) recalculated every year
5. The debit balance in the bank column of cash book indicates :
ക്ര The amount withdrawn from bank
(B) Total amount deposited in bank
(C) Cash at bank
(D) Bank overdraft
6. At the end of the accounting year nominal accounts are :
(ಗ) Balanced and transferred to the P & L ale
(B) Mot balanced and transferved to (10 1' ಹಿ 1, ೩/೧.
(C) Not balanced and transferred to balance sheet
(D) Balanced and transferred to balance sheet
7. Premium on redemption of debenture is ಶಾ یر نک
(A) Personal (B) Nominal
(C) Real (D) None of the above
[P.T.0]
