CUET Accountancy 2025 13 May Shift 2 PYQs

Questions

Duration

180 min

Total Marks

Negative

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 $10\%$.	—	—

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:

In which of the following cases does the economic relationship between the partners come to an end?

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:

Showing 3 of 50 questions. Start the test to attempt all of them.

Test Instructions

The test contains 50 questions and a total of 50 marks.

You will have 180 minutes to complete the test. The timer cannot be paused once started.

Use the question palette to mark questions for review and navigate freely.

Detailed solutions and analytics are available immediately after submission.

This is a free practice test. No login required to attempt.

Test Sections