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CUET Accountancy 2022 16 July Shift 2 PYQs - Free Mock Test (No Login)

Medium 50 Questions 180 min 50 marks

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Question No: 6Difficulty: mediumMarks: 1mcq
If there are Fixed assets of ₹10,00,000, Current assets of ₹6,00,000, Current liabilities of ₹3,00,000 and Net profit before Interest and Tax of ₹2,60,000; then Return on Investment will be:
Question No: 7Difficulty: easyMarks: 1mcq
Make the right combination of ratios that enables to find the short-term liquidity of a firm:A. Return on EquityB. Acid Test RatioC. Sacrificing RatioD. Inventory Turnover RatioE. Current RatioChoose the correct answer from the options given below:
Question No: 8Difficulty: mediumMarks: 1mcq
Z Ltd. issued 15,000, 12% Debentures of ₹100 each at a premium of 2% redeemable at a premium of 5%. In such a case:
Question No: 9Difficulty: mediumMarks: 1mcq
X Ltd. purchased assets from Y Ltd. for ₹98,10,000. X Ltd. issued 12% Debentures of ₹100 each at a 10% discount against the payment. The number of debentures issued to Y Ltd. is:
Question No: 10Difficulty: easyMarks: 1mcq
Identify the correct sequence of steps in the process of the Issue of Shares:A. Making allotment of sharesB. Issue of ProspectusC. Forfeiture of sharesD. Receiving applications for sharesE. Making callsChoose the correct answer from the options given below:

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