Kerala PSC Accountant Mock Test
Accountant Mock Test 2022; Are you searching for Accountant mock test 2022? Here we give the Accountant mock test. This is a model exam for Manager Khadi (062/2020), Store Keeper (063/2020) ,Jr. Accountant (610/2020), Accountant GR II (611/2020), Clerk (110/2022). Your practice with this mock test is helpful for your examinations. Accountant mock test is given below.
To Know About Mock Test
- This mock test is helpful for MANAGER KHADI GRAMODYOG BHAVAN/GODOWN KEEPER IN KERALA KHADI & VILLAGE INDUSTRIES BOARD(Cat No.062/2020) STORE KEEPER IN KERALA KHADI & VILLAGE INDUSTRIES BOARD (Cat No.63/2020) ACCOUNTANT/JUNIOR ACCOUNTANT/ACCOUNTS ASSISTANT/ACCOUNTS, CLERK/ASSISTANT MANAGER/ASSISTANT GRADE II, ACCOUNTANT GRADE II/ACCOUNTS CLERKJUNIOR ACCOUNTANT/STORE ASSISTANT GRADE II VARIOUS GOVT. OWNED COMPANIES/CORPORATIONS/BOARDS( Cat No.610/2021, 611/2021) CLERK STEEL AND INDUSTRIAL FORGINGS LIMITED ( Cat No.110/2022)
- This Plus Two Level Prelims mock test contains 100 questions and answers.
- If You selected the right answer you would get one mark
- If You selected three wrong answers you will lose one Mark
- This Mock Test is automatically stopped in 75 minutes and shows the result
- In the result section, you will get the data on your performance.
Result:
1/100
Subsistence allowance is paid to a suspended workman by the employer for
the first 90 days of suspension at the rate of :
2/100
Among the following, which is a false statement with regard to '
Companies Act 2013 ' ?
3/100
Which among the following is not a valid ground for compulsory winding
up by the tribunal ?
4/100
he capital of a company which shall not be called upon except in the
event of winding up is called
5/100
Employees State Insurance ( ESI ) Act was passed in the year
6/100
Who is an exempted employee ' under the Employee's state Insurance Act
1948
7/100
In liquidator final statement of account , payment of preferential
creditors is shown after
8/100
The Registrar of Company can approach the central government to accord
sanction to present a petition to the tribunal if financial statements
are defaulted for a period
9/100
The deficiency shown by deficiency account will be equal to the
deficiency revealed by
10/100
The capital market is organized in India by ?
11/100
Which of the below - mentioned is not the objective of SEBI ?
12/100
ffshore derivative instruments which are issued by Falls in foreign
investors are called
13/100
Three factor model for evaluating portfolio was developed by
14/100
Discount and Finance House of India (DFHI) acts as
15/100
The mutual funds listed in the stock exchange are
16/100
Proxy is appointed by a shareholder to
17/100
Capitalization of undistributed profit is called
18/100
pen market operations are mainly used as
19/100
The capital investment is one that
20/100
Los under the head of "Capital Gains"
21/100
Which one of the following is agricultural income under the Income Tax
Act , 1961 ?
22/100
Net Payment Method is away of finding .............
23/100
When a banking or an insurance company has its branches in more than one
state , the appropriate government in case of an industrial dispute
relating . to such company is a ............
24/100
Which one of the following items is not allowed as deduction while
computing income from business and profession?
25/100
In service marketing, part from traditional four elements of marketing
mix, there are three more elements, namely, people, process and...
26/100
Which of the following will be considered as tax planning effort?
- Mr. A purchased a house for self residence of R 80 lacs by taking a loan of R 60 lacs from SBI at 10% interest, instead of using his own funds.
- Mr. A made investment in purchasing 12% redeemable debentures of TIsCO worth 71.50 lac
- Mr. A purchased 100 gram gold biscuits of 2.5 lac from SBI on the occasion of Diwali .
- Mr. A invested 1 crore in purchasing 5 acres of agricultural land in his native village in Gaya .
27/100
Assertion( A ) : If the interest is payable outside India , tax must be
deducted at source .
Reason(R): If tax has not been deducted at source , the amount paid as interest will not be allowed as a deduction in computing business income .
Select the correct answer from the code given below :
28/100
Which of the following statements is not correct?
29/100
The four Ps are characterized as being......
30/100
Which one of the following statements is not correct with reference to
the assessment of firms ?
31/100
he due date of first instalment of advance tax by assessees other than
companies is
32/100
Advertising appropriations are largest for which type of product?
33/100
ustomers evaluation of the difference between all the benefits and all
the costs of a marketing offer relative to those of competing offers
refers to which of the following options?
34/100
The way in which the product is delivered to meet the customers' needs
refers to
35/100
Internal check is a part of
36/100
Internal check is carried on by
37/100
Which of the following takes place at retailer's end?
38/100
Under the Income Tax Act , 1961 " block of assets " for the purpose of
charging depreciation means
39/100
The maximum amount of exemption of compensation received at the time of
voluntary retirement U / S 10 ( 10C ) of the Income Tax Act , 1961 , is
40/100
Some base sales called the... ..takes places without any
demand-stimulating expenditure.
41/100
Higher levels of industry marketing expenditures would yield higher
levels of demand, first at.... ...rate and then at.....rate.
42/100
Internal audit is compulsory for
43/100
Internal audit is undertaken by
44/100
Which of the following Auditing Assurance Standard deals with Audit
planning ?
45/100
Audit Programme is by ............ prepared
46/100
Consider the following documents .
- Audit note book
- Audit Programme
- Audit report
- Audit files
47/100
Auditing standards differ from audit procedures relate to
48/100
Which of the following is not the objective of internal check .
49/100
erification refers to
50/100
The distance between the .... and the..... shows the overall marketing
sensitivity of demand
51/100
Edit questions here
52/100
f sales is Rs.2,40,000; percent of gross profit on sales 20%,
purchaseRs. 1,75,000, closing stock Rs. 30,000.Then opening stock will
be........
53/100
Find the odd one out:
54/100
..........ignores the outstanding income while preparing their income
statement.
55/100
Before acceptance by the drawee a bill of exchange is known as:
56/100
.................is considered for the calculation of Capital Fund.
57/100
Allotment of shares on pro-rata means:
58/100
The main object of providing depreciation on fixed asset:
59/100
The going concern concept is not valid:
60/100
The working rule "Anticipate no profits but provide for all possible
losses in the convention of:
61/100
The accounting standard deals with amalgamation is
62/100
Voluntary returns to the shareholders to the company for cancellation is
called
63/100
Capital Reduction Account is used to called
64/100
The assets bought for long term use are termed as..............assets.
65/100
Take-out financing is a kind of
66/100
The length of time required to recover the initial investment is
called..............
67/100
Depreciation is included in costs in the case of the........method.
68/100
Which method is based on the conservative principle?
69/100
If the cash outlay of a project is Rs.37500 and the present value of
cash inflow is Rs. 50000, calculate the Profitability Index?
70/100
The discount rate that equates the present value of cash inflows with
the initial investment associated with a project is called
71/100
Technique which enables the company to select the best alternative from
among a nuseveralernative proposals is called
72/100
Scrip dividend means
73/100
Dividend decision is not influenced by
74/100
Bird in hand 'argument is given by:
75/100
Labour turnover means:
76/100
A worker is allowed 60 hours to complete the job on a guaranteed wage of
Rs. 10 per hour. Under the Rowan Plan, he gets an hourly wage of Rs. 12
per hour. For the same saving in time, how much he will get under the
Halsey Plan?
77/100
Under piece rate system of wage payment, payment is made according to
the;
78/100
.................is the process whereby company makes assessment of
particular job to know how worth is it
79/100
Time lost in the course of normal routine activity
80/100
Wages paid for work done over and above the regular hours is
called--------
81/100
(1) labour cost control leads to minimization of cost of labour per unit
of output.
(2) When labour cost is fixed nature, any reduction in total labour cost may not result in lower cost per unit. True or false?
(2) When labour cost is fixed nature, any reduction in total labour cost may not result in lower cost per unit. True or false?
82/100
What is the correct test of material variances?
83/100
Which is not a reason for an idle time variance?
84/100
Supervisor's salary in an example of
85/100
Under inflationary condition.............method will show highest value
of closing stock
86/100
A method of costing in which the fixed costs are added for inventory
valuation
87/100
Which of the following costs would be considered a fixed cost?
88/100
Which of the following is not a direct expense?
89/100
Identify the correct sequence to be followed by purchases department.
- exploring sources of supply
- Checking and passing of bills for payment
- receiving purchase requisition
- receiving and inspecting materials
- preparation and execution of orders
90/100
.....is the systematic control over the procurement of materials.
91/100
Wages sheet is prepared by the:
92/100
Under Halsey plan bonus is paid:
93/100
Carriage outward is an item...............of overhead.
94/100
...............refers to excess of absorbed overhead over the actual
overhead.
95/100
Warehouse rent is a part of:
96/100
...........helps to determine a fair days work and rest period to
complete it
97/100
Match List I with List II
| List I | List II |
|---|---|
| a)Human Resource Approach | 1.There is no best way to motivate and lead people |
| b)Contingency Approach | 2.Way of looking at the organisation in totality |
| c)System Approach | 3. Efficiency in optimizing resource utilization |
| d)Productivity Approach | 4. People are the central resources |
98/100
Match the following:
| List I | List II |
|---|---|
| i)Development of scientific management | a) L.M. Gilbreth |
| ii) Time and Motion study | b) Henry Fayol |
| iii) Concern for welfare of workers | c) F. W. Taylor |
| iv) General Theory of Management | d) Robert Owen |
99/100
The risk that can be eliminated through diversification is known as
100/100
When the demand curve is relatively highly elastic, the marginal revenue
is
We hope this Accountant mock test 2022 is helpful. Have a nice day.