Kerala PSC Previous Years Question Paper & Answer

Title : LABORATORY TECHNICAL ASSISTANT ACCOUNTING AND AUDITING VHSE
Question Code : A

Page:4


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'LABORATORY TECHNICAL ASSISTANT ACCOUNTING AND AUDITING VHSE' And exam conducted in the year 2015. And Question paper code was '030/2015'. 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: 4 out of 12
Excerpt of Question Code: 030/2015

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27.

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32.

33.

———————are the owners of the company.
(ക Equity share holders (18) Preference share holders
(८) Debenture holders (11) Customers

If partnership deed contains no provision regarding payment of interest on partner’s loan, an
interest of ലോ ಓಂ allowed.

(ക) 7% ↴ ⋅ ற 6
)0 12% D) 9%

If outstanding expenses are given inside the trial balance it will appear in :
(A) Profit and Loss account
(B) Both Profit and Loss account and Balance sheet
(C) Balance sheet only

(10) Neither in profit and loss account nor Balance sheet

Preliminary expenses not written off will appear in the balance sheet on asset side asitisa:
(A) Credit balance (18) Current liability

(() Current asset (D) Fictitious asset

GAAP stands for :
(A) Globally Accepted Accounting Prineiple
(B) Generally Accepted Accounting Principle
(0 General Accounting and Auditing Principle
(11) Global Accounting and Audit Principle

Another name for Authorized capital :
(ക) Nominal capital (B) Paid up capital
(0 Suhscribed capital (D) Reserve capital

In computerized accounting Ctrl + N stands for :
(A) Main area 18) Task bar
() Company info (0) Caleulator

Test checking means :
(ക) Sample checking (8) Detailed checking
(0 Checking the first few items (D) Substitute checking

30/2015 ∎ ⋅ 6 A

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