Kerala PSC Previous Years Question Paper & Answer

Title : DEPUTY GENERAL MANAGER
Question Code : A

Page:11


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'DEPUTY GENERAL MANAGER' And exam conducted in the year 2015. And Question paper code was '027/2015/OL'. 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: 11 out of 11
Excerpt of Question Code: 027/2015/OL

Correct Answer:- Option-A

Question96:-Which of the following account is opened when a partnership firm is dissolved

A:-P/L appropriation A/C
B:-Revaluation A/C
C:-Realisation A/C

D:-P/L adjustment A/C
Correct Answer:- Option-C

Question97:-A document evidencing a debit to be raised against a party for any reason other than a credit sale is called

A:-Currency note
B:-Credit note
C:-Promissory note
D:-Debit note

Correct Answer:- Option-D

Question98:-The account which is prepared to ascertain the cost of goods manufactured

A:-Sales A/C

B:-Machinery A/C
C:-Manufacturing A/C
D:-None of these

Correct Answer:- Option-C

Question99:-In the absence of an agreement to the contrary,it is assumed that the partners are to share profits

A:-Equally

B:-In the old profit sharing ratio
C:-Sacrificing ratio

D:-None of these

Correct Answer:- Option-A

Question100:-When a partnership firm is converted into a joint stock company, the expenses involved are borne by

A:-Partnership firm

B:-Joint stock company

C:-As agreed upon by the firm and the joint stock company
D:-Government

Correct Answer:- Option-C

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DEPUTY GENERAL MANAGER : Video