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CUET Accountancy 2025 14 May Shift 2 PYQs

Medium 50 Questions 180 min 50 marks

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Question No: 21Difficulty: mediumMarks: 1mcq
Which of the following combinations of statements are NOT true regarding financial analysis and financial reporting metrics?(A) Financial analysis is used only by the creditors.(B) Comparative statements are a form of vertical analysis.(C) The financial statements of a business enterprise include a cash flow statement.(D) Ratio analysis establishes relationships between two financial variables.Choose the correct answer from the options given below:
Question No: 22Difficulty: easyMarks: 1mcq
Match the specific debenture categories in List-I with their operational meanings outlined in List-II:List-IList-II(A) Unsecured Debentures(I) These debentures are issued with a specified rate of interest.(B) Redeemable Debentures(II) These debentures do not have a specific charge on the assets of the company.(C) Specific Coupon Rate Debentures(III) These are those which are payable on the expiry of a specific period either in lump sum or in instalments during the life-time of the company.(D) Bearer Debentures(IV) The debentures which can be transferred by way of delivery and the company does not keep any record of the debentures.Choose the correct answer from the options given below:
Question No: 23Difficulty: mediumMarks: 1mcq
Ramesh and Suresh are partners in a firm sharing profits in the ratio of . They admitted Mohan as a new partner. The new profit sharing ratio of Ramesh, Suresh, and Mohan is determined to be . Choose the correct option indicating the sacrifice or gain of the old partners:
Question No: 24Difficulty: easyMarks: 1mcq
Arrange the following operational steps in the procedural sequence of public share issuance by a company:(A) Allotment of Shares(B) Calls in Arrears(C) Issue of Prospectus(D) Receipt of ApplicationsChoose the correct answer from the options given below:
Question No: 25Difficulty: mediumMarks: 1mcq
Which combination of the given statements is correct regarding partnership regulations and structures?(A) A valid partnership can be formulated even without a written agreement between the partners.(B) Methods of settlement of disputes among the partners cannot be a part of the partnership deed.(C) If the deed is silent, interest at the rate of p.a. would be charged on the drawings made by a partner.(D) Each partner carrying on the business acts as a principal as well as an agent for all the other partners.Choose the correct answer from the options given below:

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