TNPSC Cost Accountancy 05 May 2019 Question paper with Answers Key- TNPSC conducted Accounts Officer, Class-III in the Tamil Nadu Treasuries Accounts Service exam on 05 May 2019 FN from 10.00 AM to 12.30 PM. Here we are providing some of the questions asked in TNPSC Cost Accountancy Paper.
The maximum amount of deduction allowed U/S B0 C is?
A Hire-purchase agreement is a?
Bailment plus an agreement to sell
Du Pont control chart depicts ……..?
Factors affecting overall profitability
Retained earnings statement depicts?
Appropriation of profits
The instruments which is not entitled to ‘days of grace’ is?
…….. are goods which are chargeable to duty and on which duty has not been paid?
…………… person is not liable for registration under CGST Act 2017?
The case of Cox Vs Hickman (1860) 8 H.L.C, 268 deal with?
Test of Partnership
If an act requires legal authority and is done with such authority it refers to?
An agreement to sell specific goods becomes void if …….?
Goods damaged before transfer of property to buyer
TNPSC Cost Accountancy 05 May 2019Paper
Marginal costing is also known as?
Transposition of figure is an error of?
Profitability index may be?
either gross profitability index or net profitability index
Net present value is a popular method, in ……?
Discounted cash flow methods
Which accounting standard lays down standards on terms of engagement?
The bigger benefits are preferable to smaller ones is not the guiding principle of?
Payback period method
In case of audit of Hospitals, the auditor shall examine?
The aids, grants, legacies and donations, sale of old machines, rents from shops
The minimum stock level is calculated as?
Reorder level – (Norm.al consumption x Normal delivery time)
According to IAS 2, the inventories should be valued at?
Historical cost or net realisable value which ever is less
The types of costs are usually involved in inventory decision except?
TNPSC Cost Accountancy 05 May 2019Questions and answers
Discount and Finance House of India
Stock at the end results in?
Source of funds
Composite unit is a distinctive features of?
Gang composition variance is a sub-variance of?
labour efficiency vaccine
Operating cost is more useful in ………?
An increase in the share premium account is shown in?
sources of funds
In lodging houses, costs are expressed. in terms of?
Margin of safety is the difference between ……….?
Actual sales and Break-even sales
Raising more capital than actual requirement denotes situation of?
When the margin of safety is 20% and P/V’ratio is 60Yo, the profit will be?
Which formula is used for calculating material cost variance?
SQ x SP – AQ x AP
TNPSC Cost Accountancy 05 May 2019paper with Key
Profit/Profit-volume ratio is need to find out?
Margine of Safety
In which methods sales variances are calculated?
With reference to turnover and profits
In standard costing uncontrollable variances arises due to?
Increase in prices of materials
As per AS- 14 – the pooling of interest method is specially applied for?
Amalgamation in the nature of merger
A non-trading organisation prepares ……….. to show the cash transactions?
Receipts and Payments account
In Life Insurance revenue account, schedule 4 is named as?
What is the nature of relationship of Plan, Do, Check and Act under PDCA?
all are interdependent
Which one is also known as Building people before building car?
PDCA-Plan-Do-Check – Act
Death cum Retirement Gratuity received by a Government employee is?
The rate of income tax on income of partnership firm assessed as firm is?
TNPSC Cost Accountancy Answers Key05 May 2019
Sale made on a counter of a shop is ………?
……… the appropriate year for the sale of Goods Act?
The term goods under the sale of Goods Act does not include?
How many benefits are available under E.S.I. Act?
Cost accounting deals primarily with?
Ascertainment of cost
The term financial analysis includes?
Both analysis and interpretation
Input tax credit set off for CGST will be taken for taxes allowed against?
In computing income from profession, gifts received from clients/patients are?
Taxable professional income
By what name an Indian company’s residential status is called?
Refreshment provided by an employer to all employees during office hours is a?
Perquisite – not texable
Permissible limits of exposure of chemical and toxic substances is dealt by?
Sec 41 – F of the Factories Act
TNPSC Cost Accountancy 05 May 2019 Full Question Paper& Key