Question papers - Book Keeping

Important Differences between questions

in Advanced Book keeping paper of Appendix 3 Exam

Note:

A very commendable effort by Shri Satbir Singh, Bhopal in compiling the Distinguished questions in Advanced Book Keeping paper. 

4 times Asked

1.      Equity shares and preference shares-1989, 1994, 1995, 1996

2.      Provision and reserves -1984, 1987, 1988, 1995

3 times asked

1.      Bill of exchange and promissory note-1986, 1991, 1997

2.      Consignment and sale-1987, 1989, 1997

3.      Fixed assets and current assets-1994, 1996, 2004

4.      Shares and debentures-1997, 2000, 2006

2 times asked

1.      Amalgamation and absorption-1986, 1988

2.      Bad debts and doubtful debts-1983, 2004

3.      Capital and revenue expenditure-1991, 2000

4.      Debentures and preference shares-1983, 1987

5.      Joint venture and partnership-2001, 2004

6.      Fixed and floation assets-1991, 1997

7.      Memorandum of association and articles of association-2001, 2006

8.      Good will and royalty-1986, 1989

9.      Ledger and journal-1995,  2016

10.  Renewal of bill and retiring a bill-1996, 2001

11.  Straight line method and diminishing balance method of providing depreciation-2000, 2006

12.  Trade discount and cash discount-1988, 1997

13.  Wasting and fictitious assets-1987, 1989

1 time asked

1.      Accrual and cash basis of accounting-1988

2.      Bonus shares and right shares-1984

3.      Business entity concept and going concern concept-1996

4.      Capital expenditure and capitalized expenditure-1984

5.      Capital receipts and revenue receipts-1988

6.      Carriage inward and carriage outwards-2004

7.      Cash credit and over draft-1986

8.      Consignment account and joint venture accounts.-1983

9.      Consignment and joint venture-2000

10.  Convertible debentures and redeemable debentures-2001

11.  Current ratio and acid test ratio-2000

12.  Current ratio and quick ratio-1989

13.  Debit note and credit note-1980

14.  Dividend and interest-2006

15.  Errors of principle and compensatory errors-1997

16.  Fifo and lifo method of inventory valuation-1988

17.  Financial and cost accounting-1995

18.  Fixed capital and working capital-1994

19.  Hire purchase and installment system-2006

20.  Issue of debentures at prememium and issue of debentures at discount-1980

21.  Limited company and partnership-1980

22.  Nominal capital and paid-up capital-1980

23.  Partnership concern and joint stock company-1995

24.  Preference and deferred shares-1991

25.  Private limited and public limited company-2006

26.  Promissory note and bill of exchange-1994

27.  Receipt and payment account and income and expenditure account-2001

28.  Reserve fund and capital reserve-1994

29.  Reserve fund and dividend equalisation fund-1983

30.  Revenue expenditure and deferred revenue expenditure-1984

31.  Revenue fund and sinking fund-1991

32.  Sale and consignment-2001

33.  Single entry and double entry system-2004

34.  Trade bill and accommodation bill-1995

35.  Trade discount and quantity discount-1983

36.  Trade mark and patent rights-1989

37.  Trading account and p&l account-2004

38.  Trial balance and balance sheet-2000

****

Important Short Notes questions

in Advanced Book keeping paper of Appendix 3 Exam

Note:

A very commendable effort by Shri Satbir Singh, Bhopal in compiling the Short Notes questions in Advanced Book Keeping paper. 

5 times Asked

1.      Deferred Revenue Expenditure-1982, 1987, 1989, 1996, 2000

4 times Asked

1.      Secret Reserve - 1981, 1987, 1990, 1994

3 times asked

1.      Accommodation Bill- 1986, 1994, 1996

2.      Contingent liability 1981, 1996, 2001

3.      Debt Equity Ratio-1994, 2001, 2006

4.      Self Balancing Ledger -1982, 1987, 1989

5.      Goodwill -1985, 1988 1994

6.      Sinking Fund -1985, 1989, 2001

2 times asked

1.      Cash Book - 1997, 2006

2.      Double Entry System -1997, 2001

3.      Floating Assets -1982, 1985

4.      Goodwill on dissolution -1982, 1990

5.   Inventory Turnover Ratio -1988, 1990

6. Memorandum of Association -1982, 1990

7. Single Entry System -1987, 1989

8. Under-Writing commission -1986, 1988

9. Valuation of Goodwill -2001, 20061

 1 time asked

1.      Account Current-2000

2.      Accounting conventions or principles-1988

3.      Accrual concept-2004

4.      Acid test ratio-1994

5.      Amalgamation-1997

6.      Average Due Date-2001

7.      Bonus shares - 2000

8.      Capital expenditure -1990

9.      Capital reserve and General Reserve-2000

10.  Capital reserve fund -1997

11.  Cash flow statement -2006

12.  Consignment Account - 1986

13.  Convention of conservation-1996

14.  Convertible debentures -1989

15.  Current Ratio -1994

16.  Debenture Redemption Account -1986

17.  Debentures -1981

18.  Development expenses -1985

19.  Endowment Fund - 2000

20.  Holder in due course -1994

21.  Income & Expenditure Account -2000

22.  Issue of shares at premium -1986

23.  Joint venture -1997

24.  Ledger -2004

25.  Limitations of financial statements -2004

26.  Liquidity Ratio -1988

27.  Machine hour rate of depreciation -2004

28.  Money Measurement Concept -2000

29.  Negotiability of Bill of Exchange-2004

30.  Negotiable Instrument -1994

31.  Notice of dishonour -1986

32.  Operating Ratio-1994

33.  Partnership Deed-2004

34.  Preference Shares -1981

35.  Profitability Ratios -2006

36.  Promissory Note -2006

37.  Reserve for Doubtful Debts -1982

38.  Sans Recourse Endorsement -1994

39.  Share Premium account -1989

40.  Stock Turnover Ratio -1994

41.  Stock valuation methods -1989

42.  Subsidiary Records -1985

43.  Sum of the Digits method -1988

44.  Suspense Account -1996

45.  Trading Account -1997

46.  Trial Balance -1981

47.  Valuation of Stock-in-Trade -1985

****

Question papers - General Expenditure

General Expenditure (with Books)      - 2012

Examination held on 06.02.2014                                          Max: 100 Marks

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Note: Question No.1 is compulsory. From the remaining questions, answer any  four.  All questions carry equal marks.

1.  (a)  Allocate the following to correct heads of Account, giving the Demand Number and detailed head.

i)        Wages of senior cashier of a Division.

ii)      Cost of HSD oil issued by a fuelling point to home Railway loco.

iii)    Arbitration award in favour of works contractor of  Electrical Department.

iv)    Cost of purcahse of sofa set for CSTE's chamber.

v)      Group award given to control office staff.

   (b) Please indicate the competent authority to sanction the following.  Please specify 

       the provision also.

i)        To invite quotation for printing safety related pamphlets.

ii)      Extension to the completion period in a works contract worth Rs. 6 crores, without penalty.

iii)    Grant of mobilisation advance.

iv)    Variation in quantities of a contract to the extent of excess of 38 % of original contract.

v)      Creation of a work charged Sr. Scale post chargeable to Track Renewal estimates.

2.  What are the items to be verified while vetting a Revised Estimate ?

3. What is Railway Safety Fund (RSF) ?  For what types of work is it used ? How does RSF get credit for the use of Railway projects?

4. What is meant by earnest money, security deposit and Performance Guarantee ? What are these important for ?

5. What is a special limited tender ? How is it processed ? Explain in detail.

6. What is the difference between RECT and PECT surveys ? How are these conducted?  What is the importance of survey in the sanction of a project?

7. Distinguish between any four from the following:

i)        Liability Register and Asset Register

ii)      DRF and DF

iii)    Negotiation and Counter Offer

iv)    Open Tenders and Quotations

v)      On account bill and Final bill

8. How are labour pay sheets checked with regard to muster roles?

                                                *&^%^&*

General Expenditure  (without books)     2012

Examination held on 07.02.2014                                    Maximum: 100 marks

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Note:

Answer any five questions. All questions carry equal marks.

1. What are canons of financial propriety ?  In this regard, how is irregular expenditure regularised ?

2. What are the checks exercised by Accounts Office on:

i)        On account bills

ii)      Final Bills

      3. Write short notes on:

i)        Urgency certificate

ii)      Capital and Revenue account of Residential buildings

iii)    Liquidated damages

iv)    Price variation clause.

      4. Distinguish between:

i)        Schedule and Non-schedule items

ii)      Variation in contract and Excess over estimate

iii)    Late tender and delayed tender

iv)    Capital and Revenue expenditure

5. What are the various records checked during the inspection of a PWI's Office ?  In

   case any irregularity is detected, what action is to be taken.

6. What do you understand by a Zonal contract ? How is it different from other works

    contracts ?

7.  What is two packet system of tendering  ?  Discuss the advantages and disadvantages of this system ?

8.  What role does the accounts department play with regard to control over revenue

     expenditure ?

                                                            ()()()()()())()()(()()()(

Question papers - Appendix 3 Exam

Question papers of all subjects of Appendix 3 examination under one platform in Word document.  

Book Keeping 

Books & Budget  Expenditure

 Stores Accounts  COS Procedures

Station Accounts 

2016 year - All subjects

Question papers - COS procedures

COS procedures (with books) 2006

GBD (With Books) 2006

Answer any five questions only. All questions carry equal marks

1. Write brief notes on any four of the following:

a)    Economic order quantity

b)    Purchase preference

c)    Returned stores

d)    W.I.P

e)    Buffer stock

2. Distinguish between any four of the following:

a)    F.O.B and C.I.F.

b)    Purchase preference and price preference

c)    Stock item and non-stock item

d)    Receipt note and Receipted challan

e)    General damages and Risk purchase

3. What are the rules and procedure for carriage of railways materials in full wagon-load, both covered and open wagons?

4. a) Is it necessary to have a price-variation clause in every purchase contract?

       Give reasons.

    b) An item is to be sold to a contractor from Stores depot. What points are to be 

        kept in view?

5. How is Stock verification of Stores carried out ? What discrepancies are noticed and how are they adjusted?

6. State how each of the following can help the user department, stores department and stock-verification branch in the discharge of their duties along with illustrations of the benefits.

a) MMIS

b) E-tendering and E-procurement

c) E-auction

d) Standardization of Bill of Materials for one unit of manufacture/repairs.

7. Give your suggestions for the following: 

a) Control over inventories

b) Avoiding accidents in the stores department

c) Expeditious and efficient issue of materials to the consumer

d) Ensuring minimum loss due to deterioration and obsolescence of stores

8. Comment on the following:

a) Purchase powers delegated to other than stores Officers are generally adequate

b) An item of regular consumption may continue to be a stock item.

c) Procurement of a stock item is being made three to four times in a year by placing purchase orders.

d Material has been procured under "Deposit Work" and therefore periodical Accounts Stock verification may not be done.

****

COS procedures (without books) 2006

GXD (Without Books) 2006

Answer any five questions only. All questions carry equal marks

1. Write short notes on any four:

a) FIFO-LIFO based issues

b) Charged-off stores

c) Rate contract

d) Works test certificate

e) Sales issue note

2. Distinguish between any FOUR of the following :

a) Debit balance under Purhase suspense and credit balance under Purchase

    suspense

b) Issues for out-turn and issues for works

c) Manufacturing cost and transfer price

d) Bank guarantee and Indemnity Bond

e) Verification and witnessing

3. What are the commonly observed frauds in Stores Depots? How can an Inspector of Stores Accounts assist in detecting and preventing such frauds ? Please explain.

4.  a) What is the procedure prescribed for granting extension of delivery dates?

     b) Under what circumstances, is a contractor not required to seek extension of delivery period and may supply stores/material even after such period is over?

5. Explain the system of maintenance of Price-Ledgers and its utility. How are these reconciled with General Books?

6. Discuss the following briefly:

a) Permanent way stores

b) Medical stores

c) Stationery and Forms stores

d) Stores for spares for Preventive maintenance of M&P

7. What is history-cum-rate card in context of stock-items? Wheere and how is it maintained?

8. Describe in detail the procedure for disposal of over-aged and un-serviceable rolling-stock?

*****

COS procedures (with Books) 2010

APG (With Books) 2010

Answer any five questions only. All questions carry equal marks

1. Distinguish between the following any four:

a) Earnest money and Security money

b) Imprest stores and Custody stores

c) Rate contract and Running contract

d) Deposit miscellaneous and Miscellaneous Advance Capital

e) Verification and Witnessing

2. Write short notes on any four:

    a ) MMIS

    b) Counter-offer in Tenders

    c) Purchase through DGS&D rate contract

    d) Material-at-site

    e) Surplus stores

3. Describe the role of Stock Verification branch of Accounts department in Inventory Management on Railways.