Kerala PSC Previous Years Question Paper & Answer
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Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'Internal Auditor' And exam conducted in the year 2023. And Question paper code was '093/2023/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.
FINAL ANSWER KEY
Question 93/2023/0L
Paper Code:
Category 302/2021
Code:
Exam: Internal Auditor
Date of Test 24-06-2023
Department Kerala State Cooperative Marketing Federation Ltd
Question1:-Which of the following statements are true?
(|) If the breakeven point is low and angle of incidence is large, the margin of
safety is
large and rate of profit is high.
(11) If the breakeven point is low and angle of incidence is small, the margin of
safety is low
and rate of profit is low.
(роп If the breakeven point is high and angle of incidence is small, the margin of
safety is
large and rate of profit is low.
(IV) If the breakeven point is high and angle of incidence is large, the margin of
safety is low
and rate of profit is high.
A:-Statement (I) and (Il) correct
B:-Statement (Il) and (III) correct
C:-Statement (Ill) and (IV) correct
D:-Statement (I) and (IV) correct
Correct Answer:- Option-D
Question2:-Labour time variance arise due to
A:-Unscheduled Overtime
B:-Lack of proper supervision
C:-Both (1) and (2)
D:-None of the above
Correct Answer:- Option-B
Question3:-Which of the following statements are true?
(I) Standard costing enables Management by Exception
(Il) | Standard costing enables Management by Objective
(Ill) Standard costing facilitates delegation of authority with responsibility
A:-Statement (1), (Il) and (Ill) are correct
B:-Statement (Il) and (III) are correct
C:-Statement (I) and (Ill) are correct
D:-None of the above
Correct Answer:- Option-C