Kerala PSC Previous Years Question Paper & Answer

Title : Deputy Finance Manager
Question Code :

Page:10


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'Deputy Finance Manager' And exam conducted in the year 2023. And Question paper code was '004/2023/OL'. Medium of question paper was in Malayalam or English . Booklet Alphacode was ''. 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: 10 out of 14
Excerpt of Question Code: 004/2023/OL

கயா method
B:-HIFO method
1೫೯೦ method
DFIFO method
Correct Answer:- Option-C

Question66:-Calculate the net profit at a sale of Rs. 1,00,000 if, Profit Volume ratio is 40%
‘and margin of safety ratio is 60%.

५5 24.000
BeRs. 36,000
C-Rs. 20,000
D:-Rs. 40,000
Correct Answer: Option:
Question67:-Identify the statements which are true
i. Inefficiency of workers leads to material usage variance,
ii, JIT aims at zero inventory level.
ii,” There is built-in escalation clause in cost plus contract

iv, An increase in fixed cost lead to a decrease in break-even point.
vv. ABC system uses activities instead of cost centers for accumulating costs.

ال 5لا رھ

Bui iii &V
‏۷ت‎
‎D-All of these

Correct Answer: Option ®

‘Question68:-5,000 units of a particular raw material are introduced in a process. 6% of the input is normal loss. Werk in progress 100 units (70% complete). 4,600 units are
transferred to the next process. The equivalent production for period is

‘4,630 Units
B:-4,670 Units
(C4, 730 Units
D-4,600 Units
Correct Answer:- Option ®
Question69:-In contract costing, work-in-progress consists of
AcWork certified only
B:-Both work certified and work uncertified
C-A-Profit kept as reserve
D=-B-Profit kept as reserve
Correct Answer:- Option-D
Question70:-Find Prime cost if, Factory cost Rs. 45,000, Factory overheads RS. 15,000, Work in Progress (opening) Rs. 2,500 and work in progress (closing) Rs. 4,500.
ARs. 22,000
Bs-Rs. 32,000
0:8௨ 38,000
0:8௨ 36,500
Correct Answer:- Option ®
Question71:-The three BASIC components of SCM are
‘Ac Materials, Labour, Overheads
B:-Factory Overheads, Selling & Distribution Overheads and Administrative Overheads
C-Perception, Attitude and Learning
D-Materials Flows, Information Flows, Financial Flows

Correct Answer: Option-D

೦0500172:

Information is replacing Inventory" in the context of SCM means
‘AsCompanies are moving from production to service
BIT sector grows but production falls

C:-Companies that are adept at managing information are less likely to
carry costly inventory

D:-None of these

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