Kerala PSC Previous Years Question Paper & Answer

Title : ACCOUNTANT GR II FOARM MATTINGS INDIA LTD
Question Code : A

Page:8


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'ACCOUNTANT GR II FOARM MATTINGS INDIA LTD' And exam conducted in the year 2019. And Question paper code was '051/2019/OL'. 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.

page: 8 out of 11
Excerpt of Question Code: 051/2019/OL

Question67:-Which is not a method of segregating Semi-variable cost
- and low point method
B:-method of average
C:-scatter Diagram Method
D:-Alpha coding method
Correct Answer:- Option-D
Question68:-Wages paid to the casual workers are treated as
A:-factory expense

C:-direct expense
D:-factory overhead
Correct Answer:- Option-A
Question69:-Motion study was developed by
A:-F.B.Gilbrith
B:-F W Taylore
C:-Merrik
D:-Rucker
Correct Answer:- Option-A
Question70:-Time and motion study is done by
A:-personnel department
B:-engineering department
C:-payroll department
D:-cost accounting department
Correct Answer:- Option-B
Question71:-Reversionary Bonus is bonus paid by Life Insurance Companies
A:-every year
B:-along with the maturity value
C:-in cash every half year
D:-to employees
Correct Answer:- Option-B
Question72:-Tax paid in advance in case of Banking Companies are included in
A:-Schedule 2
B:-Schedule 7
C:-Schedule 11
D:-Schedule 9
Correct Answer:- Option-C
Question73:-Claims against the bank not acknowledged as debt

C:-Short term liability
D:-Long term liability
Correct Answer:- Option-A
Question74:-In banks the posting of entries is done from
A:-Records
B:-Subsidiary books
C:-Slips
D:-computer
Correct Answer:- Option-C
Question75:-A stock worth Rs.500000 is insured for Rs.300000 only. And the loss incumred due to fire is Rs.200000. The
policy contains average clause. The claim admitted by the insurance company will be
A:-Rs.500000
B:-Rs.200000
C:-Rs.120000
D:-Rs.125000
Correct Answer:- Option-C
Question76:-Assets acquired by banks in satisfaction of claims is called
A:-banking assets
B:-acquired assets
C:-purchased assets

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