CUET Accountancy - Operating Expenses include A. Rent paid B. Interest paid on loan C. Selling and Distribution Expenses D. Commission Received E. Salaries Paid Choose the correct answer from the options given below: | PYQs + Solutions

CUET Accountancy 2022 16 July Shift 2

Financial Statements

Easy

A and C Only

A, B and C only

A, D and E only

A, C and E only

✅ Correct Option: 4

Related questions:

15 May Shift 1

Which analysis is a judgemental process which aims to estimate current and past financial positions and the results of the operation of an enterprise, with primary objective of determining the best possible estimates and predictions about the future conditions?

27 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Comparative statements	(I) Operating Activities
(B) Common Size Statement	(II) Horizontal Analysis
(C) Cash flow Analysis	(III) Debt Equity Ratio
(D) Ratio Analysis	(IV) Vertical Analysis

Choose the correct answer from the options given below:

(A) - (II), (B) - (IV), (C) - (I), (D) - (III)
(A) - (IV), (B) - (II), (C) - (I), (D) - (III)
(A) - (II), (B) - (III), (C) - (IV), (D) - (I)
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

16 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Statements which indicate the relationship of different items of a financial statement with a common item by expressing each item as a percentage of that common item	(I) Trend Analysis
(B) Technique of studying the operational results and financial position over a series of years.	(II) Comparative Statements
(C) Statements showing the profitability and financial position of a firm for different periods of time in a comparative form to give an idea about the position of two or more periods	(III) Ratio Analysis
(D) Describes the significant relationship which exists between various items of a balance sheet and a statement of profit and loss of a firm	(IV) Common-Size Statements

Choose the correct answer from the options given below:

CUET Accountancy 2022 16 July Shift 2 PYQs

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