Kerala PSC Previous Years Question Paper & Answer

Title : Finance Manager
Question Code :

Page:8


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.

page: 8 out of 21
Excerpt of Question Code: 119/2023/OL

Correct Answer:- Option-B

Question36:-Which one of the following is not correctly matched?

A:-Secured debentures - mortgage deed
B:-Rights share - issued to new
C:-Convertible - debentures
D:-Redeemable - preference shares
Correct Answer:- Option-B

Question37:-Authorized capital is the capital that can to be raised by
company

A:-Legal

B:-Minimum

C:-Both 1 and 2
D:-Maximum

Correct Answer:- Option-D

Question38:-Amount of share premium is credited to account

A:-Capital
B:-Reserve
C:-Provision
D:-Share premium

Correct Answer:- Option-D

Question39:-Depreciation of an existing company is

A:-Internal source

B:-Cost Element

C:-Setting aside funds for replacement
D:-None of the above

Correct Answer:- Option-B

Question40:-Heavy Expenditure on advertisement is

A:-Capital Expenditure
B:-Revenue Expenditure
C:-Deferred Revenue Expenditure
D:-None of the above

Correct Answer:- Option-C

Question41:-Under which head share premium account is shown in company
Balance sheet

A:-Share capital
B:-Reserves and surplus

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Finance Manager : Video