Kerala PSC Previous Years Question Paper & Answer

Title : LECTURER IN COMMERCE KERALA COLLEGIATE EDUCATION
Question Code : A

Page:1


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'LECTURER IN COMMERCE KERALA COLLEGIATE EDUCATION' And exam conducted in the year 2014. And Question paper code was '124/2014'. 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: 1 out of 12
Excerpt of Question Code: 124/2014

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124/2014

1.

No liquidation takes place in the case of :
(ಗಿ) Amalgamation (B) Absorption
(C) Internal Reconstruction (D) External Reconstruction

The intrinsic value of equity shares is :

Total funds availabe for equity shareholders

A
(ಗ) Total number of equity shares
8 Total funds available for equity shareholders
Total number of preference shares
© Total funds available for prefierence sharcholders
Total number of equity shares
ஐ) Total funds available for pre for preference shareholders

Total number of preference shares

The liquidator's final statement of account 15 prepared :
(வ) in case of creditors voluntary winding up

(8) Only in case of members voluntary winding up

)© Only in case of compulsory winding up by the court
(D) Whatever may be the mode of winding up

The profit included in the closing stock on the date of consolidation is:
(A) Net profit (8) Unrealized profit
(C) Gross profit (D) Unearned profit

Calculate the MWCA from the following :

Opening Closing
Debtors 5000 7000
Creditors 4000 4600
Index No. 100 120
Average index for the year 110
MWCA
(ಗಿ) 320 ൫ 460 (೧) 3000 (೧) 300

{7.7.04

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