BSNL JAO exam details, syllabus, previous year & sample question paper 2015, Junior Accounts Officer


BSNL JAO recruitment Exam 2015
Bharat Sanchar Nigam Limited(BSNL) is going to recruitment examination for the 962 post of Junior Accounts Officer(JAOs) across India.All the candidates who have applied for the post and want to prepare for the examination can check the details and prepare for the same. BSNL is going to conduct the examination on 22nd February 2015. Hence candidates have a lot of time to prepare for the same, if you start preparing from now then it will make your chances of succeed in the examination even more. We have provided the examination details and syllabus through which candidates can crack the examination.


Recommended Books
We have recommended few books for the candidates who are preparing for the Junior Accounts Officer(JAOs), this will help you to crack the examination as it contains multiple questions to practice as well as previous year questions which came in this examination earlier. Hence you can purchase and go through these books.



Exam Syllabus
PAPER-I

a) General English : Comprehension of given passage and Grammar, usage and vocabulary.

b) General Aptitude/Awareness : Current events of national and international importance : Indian Polity & economy; General Mental ability; Test of reasoning & Quantitative Technique.

PAPER-II

I) Advanced Accounting:
  
1. Company Accounts; final Accounts
(A) How much maximum commission payables on shares?
(a)    4%   
(b)   5%    
(c)  8%    
(d) 10%

1. Nature, objective and basic principles of auditing
(A) to find out fraud and errors is liability of?
(b)   Internal auditor 
(b) Statutory auditor 
(c) Management

(B) What is the section of audit report?
(a) 226 
(b) 227 
(c) 228 
(d) 229

2. Techniques of auditing physical verification, examination of
documents and vouching, direct confirmation, analytical review.
(A) What is the best method of selecting process of audit?
 (a) full audit
(b) sampling audit
(c) test audit

(B) External confirmation is useful for…
(a) Vouching
(b) verification
(c) choosing of samples

3. Planning and audit, audit program-mes, working papers, audit process
(A) Audit notebook prepared at which level?
(a)Audit planning   
(b) Audit implementation 
(c) Audit Report

(B) For whom Auditor prepares working papers?
(a) Management   
(b) BOD (c) for himself

4. Valuation of internal controls.
(A) Auditor should rely upon internal control system…
(a) Wholly   
(b) partly   
(c) depends upon him

(B)  Internal control system organized by…..
(a) Management   
(b) BOD   
(c) Auditor

5. Various types of Audit.
(A)  How many types of audit report?
(a)    4    
(b)  3  
(c) 2    
(d) 6

(B) Audit work processed whole year is called….
(a) Full audit 
(b) part time audit 
(c) Continuous audit 

III) Financial Management – an over view:

1. Goals of Financial Management.
(A) Main object of financial management is…..
(a) Profit maximization 
(b) wealth maximization 
(c) preparing financial accounts

(B) Whether investment in shares are activity of finance or not?
(a) Yes   
(b) No   
(c) partly   
(d) can’t say
     
2. Key activities of Financial Management.
(A) Which is the main activity of financial management?
(a) Preparing accounts   
(b)  investments  
(c) find out ratios

(B)   Financial management responsible for…
(a)top management  
(b) internal control  
(c) auditor

3. Relationship of Finance to Accounting and Audit.
(A) Finance is not possible without…
(a) Accounts   
(b) Costing    
(c) Audit 

 (B) Which factor affected most to finance...?
 (a)  Cost per unit 
(b) Accounting records 
(c) budget 

4. Organization of Finance Function
IV) Financial Statements: 
1. Basic concepts underlying accounting.
(A) Accounting based on….
(a) Book keeping   
(b) records   
(c) entry in ledgers

(B) For any company accounting is…..
(a) Necessary    
(b) luxury   
(c) optional  

2. Balance Sheet
(A) Any expense which is outstanding on the date of balance sheet will be shown at…
 (a) Liability side
(b) asset side
(c) no where
      
(B) If total of both side of balance sheet is not equal then following account will be opened…
(a) Outstanding account
(b) suspense account
(c) prepared account

3. Profit and Loss Accounts
(A) Profit and loss account is….
(a) Nominal account
(b) cash account
(c) personal account

(B) Salary of previous year received in current year, is that recorded in p/l account?
(a) Yes
(b) no
(c) can’t say 

4. Source and usage of final statements
(A) Which of the following does not included in financial statement?
(a) Balance sheet
(b) p/l account
(c) cash account
(d) personal account

(B) Final statements are useful for……..
(a) Investors
(b) shareholders
(c) board of directors
(d) all of the above 

5. Financial topics related to balances received and profit and loss accounts
(A) Where the entry of interest received recorded?
(a) p/l debit side
(b) p/l credit side
(c) asset side on balance sheet

(B) Telephone bill of rs.500 is not received in current year, how many entries should be recorded?
(a)  1   
(b) 2   
(c) 3   
(d) 4

6. Analyzing financial performance
(A) Financial performance should be analyzed through..
(a) Financial statements
(b) ratios
(c) trends
(d) all of the above

(B) Financial performance of any company shows…
(a) Stability of company 
(b) growth of company 
(c) position in markets 
(d) all of the above

7. Financial ratios
(A) Which of the following is liquidity ratio?
(a) Operating ratio
(b) net profit ratio
(c) current ratio
(d) gross profit ratio

(B) Reasonable measure of liquid ratio is..
(a) 1:1
(b) 2:1
(c) 3:1
(d) 1:2

8. Applications of financial analysis
(A) Financial analysis helpful for…
(a) Investing activity 
(b) financing activity 
(c) decision making 
(d) all of the above

(B) The activity of financial analysis is….
(a) Compulsory
(b) optiona
(c) depends upon nature of company

9. Problems in financial statements and analysis
(A) Through making financial statement total cost will be..
(a) Increase
(b) decrease
(c) doesn't change

(B) Through financial statement what can be not find out?
(a) Cost per unit
(b) dividend
(c) interest on debenture
(d) preference dividend

10. Break-even analysis and leverages.
(A) At which level company occur no profit no loss?
(a) IDP 
(b) BEP
(c) GDP
(d) none

V) Financial Management in Public Sector Enterprises :

1. Capital Budgeting
(A) Capital budgeting is useful for…
(a) Investment 
(b) decision making 
(c) return on investment 
(d) all of the above

(B) From which of the following method we can get investment return?
(a) NPV
(b) IRR
(c) ARR
(d) none of the above

2. Long Term financing
(A) which of the following is long term financing?
(a) Current loan
(b) current investment
(c) debentures

(B) Long term financing is useful for,
(a) Long term objective
(b) long term goals
(c) to make strategy successful
(d) all

3. Working Capital Management
(A) Which of the following is not part of working capital?
(a) Fixed assets
(b) Debtors
(c) creditors
(d) cash

(B) Formula of working capital is,
(a) CCA-CL
(b) CA-CL
(c) CL-CA
(d) CL-CCA

4. Memorandum of Understanding
 (A) Which is the section of memorandum in company’s act 1956?
(a) 3(1)
(b) 3(2)
(c) 3(4)
(d) 3(6)

(B) If company go beyond the memorandum then,
(a) Ultra vires
(b) compensate act
(c) restrain act

VI) Bare Acts: 
1. Company’s Act 1956 (with amendments)
(A) what is the maximum limit in private company under company’s act?
(a) 20
(b) 30
(c) 50
(d) 80

(B) Which resolution is required for change in article of association?
(a) Special
(b) ordinary
(c) none
(d) both

2. Contract Act.
(A) If consent is not free than contract will be
(a) Void
(b) valid
(c) voidable
(d) none

(B) Which of the following is not element of valid offer?
(a) proposal
(b) acceptance
(c) well in time
(d) insolvancy

3. Partnership Act
(A) When any partner is admitted then there is change in…
(a) Profit
(b) profit and loss ratio
(c) capital
(d) all

4. Payment of Gratuity Act.
(A) How many years any employee has to work for eligible for getting gratuity?
(a) 5
(b) 10
(c) 6  
(d) 2

(B)  For getting continuous one year service how many days employee has to work?
(a) 189
(b) 260
(c) 290
(d) 300

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