Kerala PSC Previous Years Question Paper & Answer
Page:14
Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'Finance Manager' And exam conducted in the year 2023. And Question paper code was '119/2023/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.
Correct Answer:- Option-A
Question68:-Which method of material pricing is suitable when there is rise in
price?
A:-LIFO method
B:-FIFO method
C:-Simple Average method
D:-Weighted Average method
Correct Answer:- Option-A
Question69:-Calculate the re-ordering level
Maximum consumption = 300 units per day
Minimum consumption = 200 units per day
Re-order period = 8 to 10 days
A:-4000 units
B:-5000 units
C:-3000 units
D:-6000 units
Correct Answer:- Option-C
Question70:-The incentive scheme designed to give encouragement to workers to
perform better than before is called
A:-Gantt's Task and Bonus plan
B:-Emerson's Efficiency plan
C:-Taylor's differential piece Rate system
D:-Rowan plan
Correct Answer:- Option-B
Question71:-There are two piece workers, A and B who are paid Rs. 5 for each piece
of work executed which cost Rs, 15 per piece in material. In a working day of 8
hours, A can complete 4 pieces and B only 3. If the overhead charges are Rs. 1.50
per hour, show which of teh two piece workers is useful to the firm
A:-Worker A
B:-Worker B
C:-Both equally
D:-None of them
Correct Answer:- Option-A
Question72:-Which method of costing applicable to advertising, furniture, ship
building, case making and repairs
A:-Batch costing
B:-Unit costing
C:-Job costing
D:-Process costing