Kerala PSC Previous Years Question Paper & Answer
Page:6
Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'General Manager' And exam conducted in the year 2023. And Question paper code was '133/2023/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.
B:-Only (i)
C:-Only (ii)
D:-None
Correct Answer:- Option-A
Question25:-lf assets and liabilities are arranged in a balance sheet according to
their realisability and payment preference, it is
A:-In order of performance
B:-In order of Liquidity
C:-In order of profitability
D:-In order of preference
Correct Answer:- Option-B
Question26:-Which of the following statements are/is correct about the writing
down of patents at the end of each accounting year
(i) increasing the expense of reducing the operating profit
(ii) Show the asset at reduced value in the balance sheet
A:-Only (i)
B:-Only (ii)
C:-Both (i) and (ii)
D:-None
Correct Answer:- Option-C
Question27:-Which of the following statement is/are correct about the methods of
depreciation
(i) Straight line method is useful for assets which provide more benefit in earlier
year
(11) Written down value method is useful for assets which provide equal benefit
each year
A:-Only (ii)
B:-Only (i)
C:-None of the above (i) and (ii)
D:-Both (i) and (ii)
Correct Answer:- Option-D
Question28:- is the practice of spreading the cost of an intangible asset
over that asset's useful life
A:-Depreciation
B:-Appreciation
C:-Amortisation
D:-Monetisation
Correct Answer:- Option-C
Question29:-Salary which is due but not yet paid is an example of