| Post Name | LABORATORY TECHNICAL ASSISTANT-accounting and auditing -VHSE |
|---|---|
| Question Paper Code | 099/2017/OL |
| Category Code | 134/2017 |
| Date of Test | 28 December 2017 |
| Medium of Question | ENGLISH |
| Exam Type | Online Examination |
| Total Questions | 100 |
1
How many Articles are there in the original Indian Constitution ?
Answer
C. 395
2
Which constitutional amendment omitted the right to property from fundamental rights in India ?
Answer
C. 44th
3
In which part of Indian Constitution the Fundamental Rights are included ?
Answer
C. 3rd
4
Kerala government's Sukrutham programme is related to ___________
Answer
A. Free cancer treatment
5
Which Indian Prime Minister started the Indira Gandhi Awas Yojana (IGAY) ?
Answer
D. Rajiv Gandhi
6
Antyodaya Anna Yojana (AAY) was started in __________
Answer
B. A. D. 2000
7
In which Ashram Swami Agamananda belonged ?
Answer
B. Ramakrishna Advaita Ashram
8
Where did Chattampi Swamikal attain Samadhi ?
Answer
D. Panmana
9
The first annual session of S.N.D.P. was held at _____________
Answer
A. Aruvippuram
10
What was the main slogan of Yogakshema Sabha in its early days ?
Answer
A. Make Namboodiri a human being
11
Who was the leader of Savarna Jatha organized in connection with Vaikkam Satyagraha ?
Answer
D. Mannathu Padmanabhan
12
Which among the following work is not written by Kumaran Asan ?
Answer
B. Vilapam
13
In which year T. M. Appu Nedungadi's Kundalatha published ?
Answer
C. 1887
14
Who wrote the book Treatment of Tiyyas in Travancore ?
Answer
A. Dr. Palpu
15
Who is the only Malayali mentioned in Gandhi's autobiography ?
Answer
B. G. P. Pillai
16
Who was the founder editor of the magazine Yukthivadi ?
Answer
D. Sahodaran Ayyappan
17
Who wrote the novel Vishakanyaka ?
Answer
A. S. K. Pottakkad
18
Which country won the FIFA World Cup-2014 ?
Answer
D. Germany
19
The 9th Indian Premier League (IPL) was won by __________
Answer
C. Sunrisers Hyderabad
20
Which Chundan won the 65th Nehru Trophy Boat race in 2017 ?
Answer
B. Gabriel
21
The financial statement that reports the assets, liabilities and stockholder's (owner's) equity at a specific date is the
Answer
A. Balance Sheet
22
Under the accrual basis of accounting, revenues are reported in the accounting period when the
Answer
B. Service or goods have been delivered
23
Accounting begins where ________________ ends.
Answer
A. Book keeping
24
Creditors are shown on the ____________ side of balance sheet.
Answer
B. Liability
25
Revenue - Expense =
Answer
B. Income
26
_____________ is a brief history of financial transaction of a particular person or item.
Answer
A. Account
27
If both the aspects of the same transaction are appearing in one account it is ________.
Answer
A. Contra entry
28
Asset minus liability is ______________
Answer
A. Capital
29
Amount spend in order to produce and sell goods and service is called ___________
Answer
A. Expense
30
Going concern assumption tell us the life of business is __________
Answer
A. Very long
31
Goodwill is an example of
Answer
A. Tangible asset
32
L. F. column in the journals is filled at the time of __________
Answer
B. Posting
33
The double entry system of book keeping was developed by
Answer
C. Luca Paciolo
34
Purchase of machinery on credit is recorded in
Answer
B. Journal proper
35
Goods returned by customers are recorded in
Answer
D. Sales return book
36
On 1st January 2003, Chandran draws a bill on Sundar for 3 months, its due date is
Answer
C. 4th April 2003
37
The balance of cash book indicates
Answer
B. Cash in hand
38
Goods taken by the proprietor for domestic use should be credited to
Answer
C. Purchase account
39
Source document for material transfer from one department to another is
Answer
C. Material transfer note
40
In which year the audit of companies in India was made compulsory ?
Answer
C. 1913
41
Which of the following highlights the correct order of the stages in the accounting cycle ?
Answer
B. Journalizing, posting to the ledger, trial balance and final accounts
42
Unearned Revenues is what type of account ?
Answer
C. Asset
43
Accounting entries involve a minimum _________ accounts.
Answer
C. Two
44
Stock in trade are to be recorded at cost or market price whichever is less is based on __________ principle.
Answer
D. Conservatism
45
Accounting is the process of matching.
Answer
B. Benefits and cost
46
Which of the following event is subject matter of accounting ?
Answer
D. Payment of Salary Rs. 5,000
47
Any expense that gives benefit for a period of less than twelve months is called ______
Answer
C. Revenue receipt
48
Prepaid rent given in the Trial Balance will be treated as a
Answer
B. Asset
49
If asset is 1,50,000 and owners equity is 45,000 then liability is
Answer
C. 1,05,000
50
Sale of goods to Manoj is wrongly debited to Madhu A/c instead of Manoj A/c. Both are debtors of business, this is an example of
Answer
B. Error of commission
51
Money spent to upgrade machinery is known as
Answer
B. Capital expense
52
Goods of Rs. 1,000 purchased from Mr. "A" were recorded in sales book. The rectification of this error will
Answer
B. Reduce the gross profit
53
An amount of Rs. 5,000 received from Mr. "A" but credited to Mr. "B" would affect
Answer
D. Accounts of A and B
54
What will be debited, if Anup commenced business with cash ?
Answer
B. Cash account
55
Which among the following is not an element of computer system ?
Answer
D. Malware
56
Withdrawal by proprietor would
Answer
D. Reduces both assets and owners equity
57
Which of the following cannot be a cause for debiting bank account ?
Answer
B. Cheque sent to bank dishonoured
58
The word 'audit' is derived from the Latin word audire which means
Answer
D. To hear
59
_____________ audit is conducted by the employees of the business itself.
Answer
C. Internal audit
60
_____________ is auditors plan of action.
Answer
C. Audit programme
61
Which of the following is illegal ?
Answer
C. Tax evasion
62
Some times a person deducts tax at source but does not deposit it in government treasury, such person is called
Answer
C. Assessee in default
63
What will be the previous year in the case of assesse who closes his accounts on 31-3-2006 ?
Answer
B. 2005-2006
64
An individual is considered as Resident u/s 6(1) if he was India for a period ________ days or more in the previous year.
Answer
D. 182 days
65
Which type of audit is conducted throughout the year ?
Answer
D. Continuous audit
66
__________ is the examination by the auditor documentary evidences relating to the recording of transactions in support and thus cheeks the authenticity of such records.
Answer
A. Vouching
67
The method of costing used in a refinery is
Answer
A. Process costing
68
In automobile industry, cost unit is
Answer
C. Number
69
Under ____________ costing it is the practice of charging all costs, both variable and fixed to operations, process or products.
Answer
A. Absorption costing
70
_______ is an irrecoverable cost and is caused by complete abandonment of a plant.
Answer
A. Sunk cost
71
The total of all direct expenses is known as
Answer
B. Prime cost
72
__________ is that segment of activity of a business which is responsible for both revenue and expenses.
Answer
B. Profit centre
73
Work cost = __________ + factory overhead.
Answer
A. Prime cost
74
__________ type of costing is used to ascertain the effect of changes in volume or type of out put on profit.
Answer
A. Marginal costing
75
________ is the advantage, in measurable terms, which has been forgone due to not using the facility in the manner originally planned.
Answer
C. Opportunity cost
76
Under cost accounting stocks are valued at
Answer
D. Cost price
77
A set of programmes designed in such a way that they perform certain supporting operations in computer like format a disk, duplicate a disk, physically recognise stored data and programmes is called
Answer
D. Utility software
78
Contingent liabilities are shown as foot note in the balance sheet as per ______ accounting principle.
Answer
A. Full disclosure
79
Depreciation accounting is __________ as per accounting standard issued by ICAI.
Answer
D. Accounting standard 6
80
__________ is a fictitious asset.
Answer
A. Under writing commission
81
__________ is the feature of Value Added tax which prevents cascading effect of tax.
Answer
A. Input tax credit
82
A ____________ report is prepared by the auditory when he finds the accounts exhibiting a true and fair view of the state of company's financial affairs.
Answer
A. Unqualified report
83
In India Value Added tax is first introduced in __________ state.
Answer
A. Haryana
84
The following error affects trial balance is
Answer
D. Error of commission
85
_______________ is a technique with an auditor to contact responsible officials through interview and open communication with the outside parties for ensuring that the transactions are authentic, valid and accurate.
Answer
A. Confirming
86
Company audit is an example of __________ audit.
Answer
C. Statutory audit
87
Any person who is responsible to pay tax on behalf of a minor, lunatic or a non-resident is known as
Answer
C. Deemed assessee
88
Assessee includes
Answer
D. All of the above
89
Income tax department works under
Answer
D. CBDT
90
Exempted income is
Answer
D. All of the above
91
Types of assesses in income tax from residential point of view
Answer
B. 3
92
Company may be
Answer
D. Resident or non-resident
93
Previous year is
Answer
B. Income earning year
94
The value added tax is an expense to be suffered by
Answer
D. Final consumer
95
The responsibility for the preparation of the financial statements and the accompanying foot notes belongs to
Answer
D. Management
96
Debit note is associated with
Answer
B. Purchase return
97
Cash book is
Answer
C. Both journal and ledger
98
Bank reconciliation statement is prepared by
Answer
C. Account holder
99
Identify one sided error from the following.
Answer
D. Purchase book is under cast
100
____________ is a temporary account opened to make trial balacne agree.
Answer
C. Suspense account
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