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Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'Accountant/ Cashier/ Jr. Audit Assistant etc in KTDC/ KSIDC/ MATSYAFED etc ' And exam conducted in the year 2021. And Question paper code was '108/2021'. 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.
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As per AS-14 Purchase Consideration is what is payable to:
(^) Debenture holders and creditors ൯) Share holders and creditors
(C) Share holders and debenture holders (D) Share holders
Discount on issue of share 18 :
(A) Revenue loss (B) Capital loss
(C) Revenue profit (D) Capital profit
That part of Share capital which can be called up only on the winding up of the company :
(^) Reserve Capital (B) Subscribed Capital
(C) Issued Capital (D) Authorised Capital
The process of collecting cost data through an accounting system is known as:
(A) Cost apportionment (B) Cost Allocation
(C) Cost accumulation (D) None of the above
Prime cost plus Factory Overhead cost is :
(A) Conversion Cost (B) Production Cost
(C) Total Cost (D) Cost of Sales
Basic objective of Cost accounting is :
(A) Tax Compliance (B) Financial Audit
(C) Cost Ascertainment (D) None of these
Warehouse rent is a part of :
(^) Prime cost ൯) Distribution overhead
(C) Selling overhead (D) Factory overhead
In the context of standard costing basic standard is established for :
(^) Short period (B) Current period
(C) Indefinite period (D) Pre defined period
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