Kerala PSC Previous Years Question Paper & Answer

Title : CHIEF INTERNAL AUDITOR KSEB
Question Code : A

Page:4


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'CHIEF INTERNAL AUDITOR KSEB' And exam conducted in the year 2015. And Question paper code was '131/2015'. 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: 4 out of 12
Excerpt of Question Code: 131/2015

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‘Which one of the following Multiple costing is not used in :
(^) Electronics (2) Automobiles

(0) Computers (D) Chemicals

The direct material usage budget and direct material purchases budget differ because of

which of the following?
(ಡಿ) A change in the level of finished goods stock
(B) The level of material serap forecast to occur
(C) The level of efficiency of men or machines
(D) A planned changed in the level of material stock

A standard that is never altered once established is known as a/an :
(മ) Basic standard (B) Ideal standard
(C) Attainable standard (D) Projected standard

Which of the following is true at break-even point?

(4) Total Salesrevenue = Variable cost

(B) Profit = Fixed cost

(C) Sales revenue = Total cost — Variable cost
(D) Contribution = Fixed cost

‘Which of the following term is not used interchangeably with the word ‘standard costs’?
(ക) Planned cost (B) Predicted cost
(©) Scheduled cost (D) Estimated cost

Operations budgets normally cover a period of :
(ಹ) One year or less (B) One to two years
(C) One to Five years 4 (D) One to ten years

Difference between standard cost and revised standard cost :
(ಗಿ) Revision variance (B) Overhead variance

(¢) Yield variance (D) Calendar variance

The difference between hours paid and hours worked is known 85 :
(A) Labour rate variance (3) Idle time variance

(C) Net efficiency variance (D) Labour efficiency variance

0ت 131/2015

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