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CUET UG 2024 Accountancy Question Paper (17-May-2024) (Shift 3) - Free Mock Test (No Login)

Medium 50 Questions 180 min 50 marks

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Question No: 46Difficulty: mediumMarks: 1mcq
Which of the following are correct in connection with a Common Size Statement?(A) Expressed as a percentage on revenue from operation(B) Horizontal analysis(C) Vertical analysis(D) Expressed as a percentage on total assets Choose the correct answer from the options given below:
Question No: 47Difficulty: mediumMarks: 1mcq
Calculate the resulting cash flow and state the nature of cash flow from the following information:Acquired machinery for by issuing a cheque.
Question No: 48Difficulty: mediumMarks: 1mcq
Arrange the following steps in the proper sequence when preparing a Cash Flow Statement:(A) Net cash flow from operating activities(B) Cash flow from financing activities(C) Cash flow from investing activities(D) Calculate net profit before tax and extraordinary items in working notes Choose the correct answer from the options given below:
Question No: 49Difficulty: hardMarks: 1mcq
The adjustment required for overvaluation of closing stock, while calculating adjusted profit for calculating goodwill is:(A) Reduction from concerned year's profit.(B) Reduction from next year's profit.(C) Addition to next year's profit.(D) Addition to previous year's profit. Choose the correct answer from the options given below:
Question No: 50Difficulty: easyMarks: 1mcq
Oversubscription is a situation where the:

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