List of top Accountancy Questions asked in CUET (UG)

Match List I with List II in context g cashflow statement
LIST I: Major Head  LIST II: Sub Head 
(A)Sale of fixed asset(I)Outflow in operating Activities.
(B)Purchase of Goodwill(II)Inflow in Investing Activities
(C)Tax Paid(III)Outflow in Investing Activities
(D)Dividend Paid(IV)Outflow in Financing Activities
Choose the correct answer from the options given below:
Identify the limitations of financial statements:
A. Can be biased 
B. Report on stewardship function 
C. Aggregate information 
D. Only interim reports 
E. Basis of fiscal policies 
Choose the correct answer from the options given below:
What are the different types of liquidity ratios
A. Interest coverage ratio 
B. Current ratio 
C. Inventory turnover ratio 
D. Gross profit ratio 
E. Acid test ratio 
Choose the correct answer from the options given below:
Identify the components of equity:
A. Money received against share warrants 
B. Working capital 
C. Share capital 
D. Reserves & surplus 
E. Cash Revenue from operations 
Choose the correct answer from the options given below:
At the time of admission of partner if goodwill exist in the books of account it will be written off among:
How many blank worksheets are shown when a new workbook is created.
The term field' as applied to database table means.
What are the internal controls designed to do?
On retirement of a partner, the retiring partner's capital account will be credited with ______
Identify the correct sequence of current assets in company's Balance sheet?
A. Bills Receivables 
B. Cash & cash equivalents 
C. Short term loans & advances 
D. Inventories 
E. Current investments 
Choose the correct answer from the options given below:
Securities premium Reserve can be utilised
A. to return excess money received on application
B. to write off preliminary expenses 
C. to issue partly paid bonus shares 
D. for premium paid on Redemption of Debentures or preference shares 
E. for buy back of shares 
Choose the correct answer from the options given below:
When debentures are issued at premium with the term of redeeming them at par. The amount of premium received at the time of issue will be:
While preparing common-size Balance sheet, each item of Balance sheet is expressed as % of
Rani, Sandhya and Kangana are partners sharing profits in the ratio of 4:3:2 Rani retires. Sandhya and Kangana decided to share profits in future in the ratio of 5:3. Gaining ratio of Sandhya and Kangana will be
When the total amount withdrawn is given but the date of withdrawal is not given then interest on drawings is charged for a period of:
Which of the following arguments in a financial function represents the total number of payments
It is the amount-paid to the person who is not the regular employee of the institution.