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SPSC Other Examinations Sindh Public Service Commission |
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#11
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Economics
Dear, anybody know the pattern of Economics lecturer paper, kindly post on site .
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#12
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Quote:
37 from subject 13 from GK (Pak Study, Islamiat, EDS etc)
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"Nay! man is evidence against himself. Though he puts forth his excuses." Holy Qur'an (75:14-15) |
#13
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commerce lecturer test...
Seniors please share questions which came in last papers..........any one knows when SPSC conduct test.....
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#14
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@all::: kindly share Past papers of lecturer Commerce???
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Mr.JAM |
#15
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@all: Kindly share past papers of lecturer commerce except 2009.......... Thanks
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Mr.JAM |
#16
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Commerce Lecturer Model Questions
1. If computational and record-keeping costs are about the same under both FIFO
and weighted average, which of the following method will generally be preferred? A. Weighted Average B. FIFO C. They offer the same degree of information D. Cannot be determined with so little information 2. Which of the following System applies when standardized goods are produced under a series of inter-connected operations? A. Job Order Costing B. Process Costing C. Standard Costing D. All of the given options 3. The cost of material that is not completely processed, would be found in which of the following inventory account on the Balance Sheet? A. Direct material inventory B. Work-in-process inventory C. Finished goods inventory D. Supplies inventory 4. A complete set of Financial Statements for Nestle Company at December 31, 2008 would include each of the followings, EXCEPT: A. Balance Sheet as of December 31, 2008 B. Statement of Projected Cash flows for 2009 C. Income Statement for the year ended December 31, 2008 D. Notes containing additional information that is useful in interpreting the Financial Statements 5. Total Fixed cost _______ with the increase in production. A. Remains constant B. Decreases C. Increases D. There is no relation between fixed cost and activity level 6. The following data is available for the Bricks Company: Particulars Rs. Freight in 20,000 Purchases return and allowances 80,000 Marketing expenses 200,000 Finished goods Inventory, ending 90,000 Cost of goods sold 700% of marketing expenses You are required to calculate the cost of goods available for sales if Gross Profit is 50% of cost of goods sold. A. Rs. 1,490,000 B. Rs. 1,390,000 C. Rs. 1,500,000 D. Rs. 1,590,000 7. Consider the following: Beginning work in process inventory Rs. 20,000 Direct material used Rs. 50,000 Direct labor used Rs. 80,000 Manufacturing overhead Rs. 120,000 Ending work in process inventory Rs. 10,000 Cost of finished goods manufactured Rs. 260,000 The total manufacturing costs would be: A. Rs. 250,000 B. Rs. 260,000 C. Rs. 270,000 D. Rs. 280,000 8. Job 210 was unfinished at the end of the accounting period. The total cost assigned to the job was Rs. 12,000 of which Rs. 3,000 was direct material cost. Factory overheads were allocated to goods in process at 150% of direct labor cost. What was the amount of direct labor cost charged to Job 210? A. Rs. 3,600 B. Rs. 3,000 C. Rs. 5,400 D. Rs. 9,000 9. Job 210 was unfinished at the end of the accounting period. The total cost assigned to the job was Rs. 12,000 of which Rs. 3,000 was direct material cost. Factory overheads were allocated to goods in process at 150% of direct labor cost. What was the amount of Factory over head cost charged to Job 210? A. Rs. 3,600 B. Rs. 3,000 C. Rs. 5,400 D. Rs. 9,000 10. The over applied balance of the Factory Overhead ledger account is Rs. 36,000, a significant amount. The ending balances of Goods in Process Inventory, Finished Goods Inventory and Cost of Goods Sold accounts are Rs. 12,000, Rs. 8,000, and Rs. 60,000, respectively. On the basis of ending balances, how much of the over applied balance of overhead should be allocated to each of these accounts? A. Rs.5, 400, Rs.27, 600, Rs.3, 000 B. Rs.27,400, Rs. 3,600, Rs. 5,000 C. Rs. 5,400, Rs. 3,600, Rs. 27,000 D. None of the given options 11. PEL Limited has been using an overhead rate of Rs. 5.60 per machine hour. During the year, overheads of Rs. 275,000 were incurred and 48,000 machine hours worked. Therefore, overheads were: A. Under-applied by Rs.7,600 B. Over-applied by Rs. 6,200 C. Under-applied by Rs. 6,200 D. Over-applied by Rs. 7,600 12. Factory overhead should be allocated on the basis of: A. Direct labor hours B. Direct labor costs C. An activity basis which relates to cost incurrence D. Machine hours 13. If a company uses a predetermined rate for the application of factory overhead, the idle capacity variance is the: A. Over or under applied variable cost element of overheads B. Difference in budgeted costs and actual costs of fixed overheads items C. Difference in budgeted cost and actual costs of variable overheads items D. Over or under applied fixed cost element of overheads 14. Which of the following manufacturing operations, which is best, suited to the utilization of a job order system? A. Soft drink bottling operation B. Crude oil refining C. Plastic molding operation D. Helicopter manufacturing 15. Which of the following is a characteristic of process cost accounting system? A. Material, Labor and Overheads are accumulated by orders B. Companies use this system if they process custom orders C. Only Closing stock of work in process is restated in terms of completed units D. Opening and Closing stock of work in process are related in terms of completed units 16. Which cost accumulation procedure is best suited to a continuous mass production process of similar units? A. Job order costing B. Standard costing C. Actual costing D. Process costing 17. Which of the following is an objective of cost accounting? A. Provide information to management for decision making B. Computation of cost per unit C. Preparation of Financial Statement D. Computation of relevant costs 18. Which of the following would be considered an external user of the firm's accounting information? A. President B. Stockholder C. Sales manager D. Controller 19. Cost accounting concepts include all of the following EXCEPT: A. Planning B. Controlling C. Sharing D. Costing 20. The chief financial officer is also known as the: A. Controller B. Staff accountant C. Auditor D. Finance director
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Those who wait they get. (Own Creation) |
#17
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Answer key
Dear Raja Babar,
Please post answers key of these questions........ |
#18
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Plz share
Dear All.....
Assalamaalaikum, it is a humble request to kindly share Past Papers, Tutorials, Suggested Books, test pattern etc for upcoming Pre-interview written test for Lecturer in physics by Sindh Public Service Commission..... Looking forward fore your kind cooperation....... Thanks, |
#19
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CAN MBA HOLDER APPLY FOR LECTURER OF COMMERCE post???
kya MBA holder lecturer of commerce ki post k lie apply karsakta hai ??
either MBA (HRM) finance marketing etc and agar MBA degree per specialization mention na ho ?? |
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