AfterBoards Logo
Skip to main contentSkip to solution

CUET Accountancy 2022 PYQs20 Aug Shift 2. Free, no login required.

Financial Statements

past year questions, CUET Accountancy 2022 20 Aug Shift 2

Analysis

past year questions, Financial Statements, CUET Accountancy 2022 20 Aug Shift 2

Medium

In common size statement, if revenue from operations are Rs. 23,00,000 and other incomes are Rs. 3,00,000, then the percentage of 'Total Revenue from Operations' to 'Revenue from operations' will be:

Solution

✅ Correct Option: 2

Total Revenue = Revenue from Operations + Other Income = 23,00,000 + 3,00,000 = 26,00,000. Percentage of Total Revenue to Revenue from Operations = (26,00,000 / 23,00,000) x 100 = 113.04%.

Related questions:

2025: 15 May Shift 2

The value of long term borrowings as on 31 March 2023

2022: 8 Aug Shift 2

Vertical analysis uses financial data of a company for:

2025: 16 May Shift 1

Match List-I with List-II

List-IList-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:

2025: 16 May Shift 1

Which one of the following is not a tool for analyzing financial statements?

2025: 27 May Shift 1

Which of the following is not true about Comparative Statements-

2025: 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?

Keyboard Shortcuts

  • Left arrow: Previous question
  • Right arrow: Next question
  • S key: Jump to solution
  • Q key: Jump to question

CUET Accountancy Past Year Questions (Topic-Wise)