List of top Questions asked in CUET (UG)

Match List-I with List-II.
List-I (Equal amount of drawings made)List-II (Number of month for which interest calculated)
(A) At the end of each half year(I) 4.5 months
(B) At the beginning of each quarter(II) 6.5 months
(C) At the beginning of each month(III) 7.5 months
(D) At the end of each quarter(IV) 3 months

Choose the correct answer from the options given below :
A, B, and C are partners sharing profits in the ratio of 3:3:4. They decide to share future profits equally. The sacrifice or gain of partners are
If there is no claim against Workmen Compensation Reserve, it is __________ at the time of admission of a partner
Fill in the blanks with the correct answer from the option given below
Which of the following is an example of sequential code?
A partnership can have maximum 50 partners. This limit has been set by the
Dividend received is
On the date of admission of a partner, there was a balance of ₹45,000 in the account of machinery. It was found undervalued by 10%. The value of machinery will appear in the new Balance Sheet at
A company can accept calls in advance, if authorized by
If a delay occurs beyond 8 days in refunding the subscription amount, failing to gather the minimum subscription, from the date of closure of the subscription list, the company shall be liable for interest at the rate of
Arrange the following in the correct sequence in the context of debenture:
(A) Payment to debenture-holders
(B) Creation of DRR
(C) Issue of debentures
(D) Redemption becomes due.
Match List-I with List-II
List-I (Name of account to be debited or credited, when shares are forfeited)List-II (Amount to be debited or credited)
(A) Share Capital Account(I) Debited with amount not received
(B) Share Forfeited Account(II) Credited with amount not received
(C) Calls-in-arrears Account(III) Credited with amount received towards share capital
(D) Securities Premium Account(IV) Debited with amount called up

Choose the correct answer from the options given below:
When debentures are issued at premium and redeemed at premium, the journal entry will have the following combination:
(A) Discount on issue of debentures account is credited
(B) Loss on issue of debentures account is debited
(C) Security premium account is credited
(D) Premium on redemption of debentures account is credited
400 shares of ₹50 each issued at par were forfeited for non-payment of final call of ₹10 per share. These shares were reissued at ₹45 per share as fully paid-up. The amount transferred to capital reserve is
Which of the following are advantages of functional structure of an organisation?
(A) Leads to occupational specialisation.
(B) Places less emphasis on organisational objectives.
(C) Promotes coordination and control within a department.
(D) Increases operational efficiency.
Choose the correct answer from the options given below:
Match List-I with List-II:

List-I

List-II

(A) Intelligence test(I) Indicator of a person’s capacity to develop
(B) Aptitude test(II) Clues to a person’s emotions, values, etc.
(C) Personality test(III) Measure existing skills of the individual
(D) Trade test(IV) Indicator of a person’s learning ability and ability to make judgements
Choose the correct answer from the options given below:
Re-arrange the following parts of a sentence in their correct sequence to form a meaningful sentence:
(A) as a concept fundamental to
(B) especially with the injunction to treat equals equally
(C) justice is associated with the notion of equity and equality,
(D) ethical theory and political philosophy
Choose the correct answer from the options given below :
The key position of top-level management is___.
”Management always works by keeping an end result or aim of the organisation. All activities of managers are directed towards the end result.” From the above statement, identify the feature of management.
Akash Industries has installed a waste recycling plant in its premises and does not dump their waste material anymore. This plant is providing employment to many people. Identify the objective of management which the company is achieving by doing the aforesaid activity.
Coordination unifies unrelated interests into purposeful work activity. Identify the nature of it.
Debt is____cheaper, but more__risky for a business because the payment of interest and the return of principal is obligatory for the business.
A proper matching of funds requirements and their availability is sought to be achieved by .
Financial management aims at choosing the best investment and financing alternatives. Its objective is to:
Identify the function performed by SEBI: “It controls insider trading and imposes penalties for such practices.”
Qualities of a successful entrepreneur do not include: