Kerala PSC Previous Years Question Paper & Answer
Page:10
Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name ' Lecturer in Commercial Practice (Polytechnics)' And exam conducted in the year 2023. And Question paper code was '155/2023/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:-ABC Analysis
D:-The 80:20 Rule
Correct Answer:- Option-D
Question42:-When the selling price equals the cost, Contribution =
A:-Semi - Variable Cost
B:-Variable cost
C:-Fixed Cost
D:-Marginal cost
Correct Answer:- Option-C
Question43:-As 9 relates to
A:-Depreciation
B:-Revenue Recognition
C:-Cash Flow Statement
D:-Fund Flow Statement
Correct Answer:- Option-B
Question44:-Fire damaged the premises of the trader resulting a loss of stock of Rs.
1,20,000. The goods salvaged from fire was Rs. 20,000. The policy was for Rs.
60,000 eligible for average clause. Amount of Claim to be lodged is
A:-60,000
B:-55,000
C:-50,000
D:-40,000
Correct Answer:- Option-C
Question45:-When the subsidiary company issues bonus shares out of pre-
acquisition profit, the amount of resulting goodwill account will be
A:-Increases
B:-Decreases
C:-Remains the same
D:-Doubled
Correct Answer:- Option-C
Question46:-Statement (a) For Considering amalgamation in the nature of merger,
all the assets and liabilities of the transferor company become the assets and
liabilities of the transferee company
Statement (b) For considering amalgamation in the nature of merger, less than
90% of the selling company's shareholders may become the shareholders of the
purchasing company
A:-Statement (a) correct, Statement (b) False
B:-Statement (b) correct, Statement (a) False