Kerala PSC Previous Years Question Paper & Answer

Title : JUNIOR COSTING ASST KM AND ML TITANIUM DIOXIDE PIGMENT UNIT
Question Code : A

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Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'JUNIOR COSTING ASST KM AND ML TITANIUM DIOXIDE PIGMENT UNIT' And exam conducted in the year 2015. And Question paper code was '114/2015'. 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.

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Excerpt of Question Code: 114/2015



114/2015

Maximum : 100 marks

Time : 1 hour and 15 minutes

‘Nails used in furniture manufacturing’ is an example of
(ಗಿ) Consumable stores (൫) 17611600 1781061181
(ಲ) Direct material (D) All the above

Audit with respect to efficient utilization of resources 15 known as :
(ಗ) Cost audit (൫) Financial audit
(C) Social audit (D) Technical audit

Which of the following is not an example of item excluded from cost books?
(ಗ) Income tax (B) Preliminary expense
(C) Abnormal idle time (D) Normal loss

The segment of activity of business responsible for both revenue and expense is called

(ಗಿ) Service centre (B) Cost centre
(¢) Profit centre (D) Product centre
Goodwill is .
(ಹ) Good reputation (B) Intangible asset
(C) TFictitious asset (D) Ability to earn super profit

Dilapidation is concerned with : 1
(A) Leasehold asset (B) Wasting asset
(യ) Livestock (D) Intangible asset

In preparing final accounts, goods invoiced at Rs.6,000 sent on sale or return for which
approval is not received is to be included in the stock at ‏بت .قط‎ if the rate of gross
profit is 20% on cost.

ಯ) 1200 (೫) 5,000
(0. 4800 (D) 1000
Under self balancing system, debtors ledger adjustment account is opened in
(A) Creditors ledger (B) Debtors ledger
(C) Nominal ledger (D) None of these
3

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