Kerala PSC Previous Years Question Paper & Answer
Page:9
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.
C:-Provisions
D:-None of the above
Correct Answer:- Option-B
Question42:-The name and holdings of equity shareholders given the of
the statement of affairs of liquidated company
A:-List E
B:-List F
C:-List G
D:-List H
Correct Answer:- Option-C
Question43:-Net losses on sale or revaluation of investments gold, silver, alnd and
premises of banking company may be
A:-Deducted from income in P & L a/c
B:-Shown as a separate item in P & L a/c
C:-Shown on the asset side of the balance sheet
D:-Deducted from provision and reserves
Correct Answer:- Option-A
Question44:-The difference between the debt side and credit side of the revenue
account of an insurance company is
A:-Profit
B:-Loss
C:-Profit and loss
D:-Life assurance fund
Correct Answer:- Option-D
Question45:-Accounting standard 14 deals with
A:-Depreciation
B:-Fund flow statements
C:-Cash flow statements
D:-Amalgamation
Correct Answer:- Option-D
Question46:-International accounting standards committee came into being in
A:-1960
B:-1962
C:-1973
D:-1975
Correct Answer:- Option-C
Question47:-Share premium will be treated as