Kerala PSC Previous Years Question Paper & Answer
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Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'ACCOUNTANT GR III KERALA STATE COIR CORPORATION LTD' And exam conducted in the year 126. And Question paper code was '120/126'. 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.
120/2016
. Ownership expressed in terms of money is called
A) Property Account B) Capital Account
C) Real Account D) Asset Account
. A product was sold for T 448 at a profit of 12%. What is the cost ?
ಸಿ) ₹502 8) ₹448 ©) २400 0) ₹394
. Capital profit is transferred to
A) Capital Reserve B) Reserve Capital
C) General Reserve D) Specific Reserve
. Depreciation on fixed asset is provided in compliance with the accounting
concept of
A) Consistency B) Accrual
C) Cost D) Going concern concept
. Which of the following items is recorded in the sales journal ?
A) Only cash sales B) Only credit sales
C) Both cash and credit sales D) None of these
. Capital ۸/6 9ا 3
A) Personal Account B) Real Account
C) Nominal Account D) None of these
. Quick ratio is also called
A) Acid test ratio B) Near money ratio
C) Liquid ratio D) All of these
. A method of costing in which the fixed costs are added for inventory valuation
A) Absorption costing B) Marginal costing
C) Direct costing D) Deferred costing
. Indirect material cost is a part of
A) Prime cost B) Product cost
C) Variable cost D) Factory cost
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