CUET Accountancy 2025 13 May Shift 2 PYQs
Questions
50
Duration
180 min
Total Marks
50
Negative
None
Test Sections
| Section | Questions | Marks/Q |
|---|---|---|
| Case Study 1 — Ratio Analysis@DESC: Read the following dataset carefully and answer the next five questions (round values to the nearest whole number):$$\begin{array}{|l|r|} | — | — |
| Case Study 2 — Goodwill Evaluation@DESC: Read the following information carefully and answer the next five questions:The books of a business showed that the firm's capital employed on December 31, 2024 was $\text{Rs. } 5,00,000$. The profits earned over the last five years were:$\text{2020: Rs. } 40,000$$\text{2021: Rs. } 50,000$$\text{2022: Rs. } 55,000$$\text{2023: Rs. } 70,000$$\text{2024: Rs. } 85,000$You are required to evaluate the goodwill based on $2$ years' purchase of the super profits of the business, given that the normal rate of return is $10\%$. | — | — |
Topics Covered
Accountancy(50)
Sample Questions from this Test
- Arrange the following in correct order in which assets of the firm can be used in their settlement upon dissolution.(A) Residue shall be divided between the partners in their profit sharing ratio.(B) In paying the partners proportionately what is due to him/her on account of capital.(C) In paying the partners proportionately what is due to him/her from the firm for advances/loans.(D) In paying the debts of the firm to the third parties.Choose the correct answer from the options given below:View solution & explanation →
- In which of the following cases does the economic relationship between the partners come to an end?View solution & explanation →
- Which of the following factors leads to a higher goodwill for firms?(A) Firms having long term contracts for supply of materials(B) Firms with efficient management(C) Firms which are highly profitable(D) Firms which do not have competitive advantagesChoose the correct answer from the options given below:View solution & explanation →
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Test Instructions
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