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 'Instructor in Commerce, Instructor in Secretarial Practice and Business Correspondence, Assistant Instructor in Shorthand (Polytechnics)' And exam conducted in the year 2023. And Question paper code was '053/2023'. Medium of question paper was in Malayalam or English . Booklet Alphacode was 'A'. 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.
053/23
. Which of the following is a limitation of computerized accounting systems ?
A) Inability to store large amounts of data
B) Inability to produce customized reports
C) Inability to detect errors caused by incorrect data entry
D) Inability to handle different accounting standards
. Retained Earnings is a
A) Liability to the Company B) Liability to the Management
C) Asset to the Company D) None of these
. Which of the following transactions does not change the capital of a business ?
A) Owner pays a creditor of the company out of his own money
B) Owner takes money out of the company’s bank account to pay his golf club
subscription
C) Owner introduces a motor vehicle into the business
D) Owner pays Rs. 100 into the business bank account to cover the cost of stock
withdrawn by him from the business
. Which of the following is a disadvantage of using debt financing ?
A) Dilution of ownership B) Increased financial leverage
C) Lower interest expense D) Increased tax liability
. The clientele effect refers to
A) The tendency of investors to hold on to losing stocks in the hopes of future
gains
B) The tendency of investors to be attracted to companies that offer a particular
type of dividend policy
C) The tendency of investors to sell stocks based on short-term market fluctuations
D) The tendency of investors to buy stocks based on insider trading information
. What happens to the total market value of a company’s shares after a stock split ?
A) The total market value of the shares increases
B) The total market value of the shares decreases
C) The total market value of the shares can increase or decrease depending on
the market conditions
D) The total market value of the shares remains the same
Which of the following is not an advantage of using marginal costing for decision-making ? ۔
A) It helps in determining the impact of changes in volume on profit
B) It provides a clear distinction between fixed and variable costs
C) It allows for the allocation of fixed costs to specific products
D) It helps in identifying the break-even point for a product or service
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