CUET Accountancy - Which of the following factors affects the value of goodwill? (A). Location of Business (B). Partner's Performance (C). Nature of Business (D). Market Situation Choose the correct answer from the options given below: | PYQs + Solutions

CUET Accountancy 2025 4 June Shift 2

Partnership

Medium

common

(A), (B) and (D) only

(A), (B) and (C) only

(A), (C) and (D) only

(B), (C) and (D) only

✅ Correct Option: 3

Related questions:

13 May Shift 2

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

(D) Firms which do not have competitive advantages

Choose the correct answer from the options given below:

30 May Shift 2

The important methods of valuation of goodwill are as follows:

(A) Average Profits Method

(B) Normal Profits Method

(D) Capitalization Method

Choose the correct answer from the options given below:

31 May Shift 1

Rohit and Mohit are partners in a firm sharing profits in the ratio of 5:3. They admit Bijoy as a new partner for 1/7th share in the profits. The new profit sharing ratio will be 4:2:1. The sacrificing ratio of Rohit and Mohit is-

CUET Accountancy 2025 4 June Shift 2 PYQs

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