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CUET Accountancy 2022 23 Aug Shift 2 PYQs - Free Mock Test & Without Login

Medium 50 Questions 180 min 50 marks

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180 min · 50 marks · Full test mode with leaderboard

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Question No: 26Difficulty: mediumMarks: 1mcq

Match List I with List II in context of cashflow statementLIST IA. Sale of fixed assetB. Purchase of GoodwillC. Tax PaidD. Dividend Paid LIST III. Outflow in operating activitiesII. Inflow in Investing ActivitiesIII. Outflow in Investing ActivitiesIV. Outflow in Financing Activities Choose the correct answer from the options given below:

Question No: 27Difficulty: mediumMarks: 1mcq

Identify the limitations of financial statements :A. Can be biasedB. Report on stewardship functionC. Aggregate informationD. Only interim reportsE. Basis of fiscal policiesChoose the correct answer from the options given below:

Question No: 28Difficulty: easyMarks: 1mcq

What are the different types of liquidity ratiosA. Interest coverage ratioB. Current ratioC. Inventory turnover ratioD. Gross profit ratioE. Acid test ratio Choose the correct answer from the options given below:

Question No: 29Difficulty: mediumMarks: 1mcq

Identify the components of equity:A. Money received against share warrantsB. Working capitalC. Share capitalD. Reserves & surplusE. Cash Revenue from operationsChoose the correct answer from the options given below:

Question No: 30Difficulty: mediumMarks: 1mcq

Identify the correct sequence of current assets in company's Balance sheet?A. Bills ReceivablesB. Cash & cash equivalentsC. Short term loans & advancesD. InventoriesE. Current investments Choose the correct answer from the options given below:

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