CUET Accountancy Financial Statements > Analysis PYQs

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CUET Accountancy

Q1:

4 June Shift 2

Financial Statements

Easy

Q1:

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

(B) and (D) only

(D) Only

Correct Answer

Option 3

Correct Answer

Explanation →

Q2:

29 May Shift 2

Financial Statements

Easy

Q2:

Satisfying the statutory requirement

Assessing the current profitability and operational efficiency of the firm as a whole as well as its different departments so as to judge the financial health of the firm

Ascertaining the relative importance of different components of the financial position of the firm.

Identifying the reasons for change in the profitability/financial position of the firm.

Correct Answer

Option 1

Correct Answer

Explanation →

Q3:

29 May Shift 2

Financial Statements

Medium

Q3:

Rs. 1,50,000

Rs. 2,50,000.

Rs.200,000.

Rs.100,000

Correct Answer

Option 3

Correct Answer

Explanation →

Q4:

29 May Shift 2

Financial Statements

Easy

Q4:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q5:

27 May Shift 1

Financial Statements

Easy

Q5:

These are the statements showing the profitability and financial position of a firm for different periods of time.

This analysis is also known as 'vertical analysis',

Comparative figures indicate the trend and direction of financial position and operating results.

The financial data will be comparative only when same accounting principles are used in preparing these statements.

Correct Answer

Option 2

Correct Answer

Explanation →

Q6:

27 May Shift 1

Financial Statements

Easy

Q6:

(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)

Correct Answer

Option 1

Correct Answer

Explanation →

Q7:

26 May Shift 2

Financial Statements

Easy

Q7:

Credit standard

Collection period

Credit terms

Collection policy

Correct Answer

Option 2

Correct Answer

Explanation →

Q8:

26 May Shift 2

Financial Statements

Easy

Q8:

(B), (A), (D), (C)

(B), (A), (C), (D)

(B), (C), (D), (A)

(C), (B), (D), (A)

Correct Answer

Option 2

Correct Answer

Explanation →

Q9:

24 May Shift 1

Financial Statements

Medium

Q9:

(A), (B), (C), (D)

(C), (B), (A), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 2

Correct Answer

Explanation →

Q10:

24 May Shift 1

Financial Statements

Easy

Q10:

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

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

(A), (B), (C) and (D)

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q11:

22 May Shift 1

Financial Statements

Easy

Q11:

Interpreting

Modifying

Simplifying

Explaining

Correct Answer

Option 3

Correct Answer

Explanation →

Q12:

16 May Shift 1

Financial Statements

Medium

Q12:

2,00,000

3,00,000

4,00,000

5,00,000

Correct Answer

Option 3

Correct Answer

Explanation →

Q13:

16 May Shift 1

Financial Statements

Easy

Q13:

Comparative Statements

Ratio Analysis

Cash flow statements

Measure of central tendency

Correct Answer

Option 4

Correct Answer

Explanation →

Q14:

16 May Shift 1

Financial Statements

Medium

Q14:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q15:

15 May Shift 2

Financial Statements

Easy

Q15:

22,00,000

16,00,000

18,00,000

7,00,000

Correct Answer

Option 2

Correct Answer

Explanation →

Q16:

15 May Shift 2

Financial Statements

Easy

Q16:

30%

33.33%

40%

25%

Correct Answer

Option 2

Correct Answer

Explanation →

Q17:

15 May Shift 2

Financial Statements

Easy

Q17:

15,00,000

14,00,000

13,00,000

16,00,000

Correct Answer

Option 3

Correct Answer

Explanation →

Q18:

15 May Shift 2

Financial Statements

Easy

Q18:

15,00,000

5,00,000

20,00,000

10,00,000

Correct Answer

Option 3

Correct Answer

Explanation →

Q19:

15 May Shift 2

Financial Statements

Easy

Q19:

50%

20%

33.33%

66.67%

Correct Answer

Option 1

Correct Answer

Explanation →

Q20:

15 May Shift 1

Financial Statements

Easy

Q20:

They focus on the facts and relationships related to managerial performance, corporate efficiency etc.

They does not consider price level changes.

They indicate the ability of the company to meet its obligations.

They provide vital information to different stakeholders.

Correct Answer

Option 2

Correct Answer

Explanation →

Q21:

15 May Shift 1

Financial Statements

Easy

Q21:

Vertical analysis

Ratio analysis

Trend analysis

Horizontal analysis

Correct Answer

Option 1

Correct Answer

Explanation →

Q22:

15 May Shift 1

Financial Statements

Easy

Q22:

Cash flow Analysis

Trend Analysis

Ratio Analysis

Financial statement analysis

Correct Answer

Option 4

Correct Answer

Explanation →

Q23:

15 May Shift 1

Financial Statements

Medium

Q23:

1,80,000

1,50,000

62,500

72,500

Correct Answer

Option 3

Correct Answer

Explanation →

Q24:

14 May Shift 2

Financial Statements

Easy

Q24:

Comparative Statements

Common Size Statements

Trend Analysis

Balance sheet

Correct Answer

Option 4

Correct Answer

Explanation →

Q25:

14 May Shift 2

Financial Statements

Medium

Q25:

(B) and (D) only

(A) and (B) only

(A) and (D) only

Correct Answer

Option 2

Correct Answer

Explanation →

Q26:

14 May Shift 2

Financial Statements

Easy

Q26:

Rs. 1,50,000

Rs. 1,80,000

Rs. 2,40,000

Rs. 2,50,000

Correct Answer

Option 3

Correct Answer

Explanation →

Q27:

14 May Shift 1

Financial Statements

Medium

Q27:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q28:

14 May Shift 1

Financial Statements

Easy

Q28:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q29:

14 May Shift 1

Financial Statements

Easy

Q29:

Finance manager

Top management

Investors

Non Competitive Firms

Correct Answer

Option 4

Correct Answer

Explanation →

Q30:

13 May Shift 2

Financial Statements

Medium

Q30:

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

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

(A), (B), (C) and (D)

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q31:

13 May Shift 2

Financial Statements

Medium

Q31:

(B) and (D) only

(B) and (C) only

(A) and (D) only

Correct Answer

Option 2

Correct Answer

Explanation →

Q32:

13 May Shift 1

Financial Statements

Easy

Q32:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q33:

13 May Shift 1

Financial Statements

Medium

Q33:

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

(A) and (C) only

(A) and (B) only.

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q34:

CUET Accountancy 2024 Slot 1

Financial Statements

Easy

Q34:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

CUET Accountancy Financial Statements > Analysis PYQs

Filter & Analyse PYQs (Topic-Wise) →

No login required. No pop-ups. We have all previous-year questions with solutions for free!

CUET Accountancy

Q1:

4 June Shift 2

Financial Statements

Easy

Q1:

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

(B) and (D) only

(D) Only

Correct Answer

Option 3

Correct Answer

Explanation →

Q2:

29 May Shift 2

Financial Statements

Easy

Q2:

Satisfying the statutory requirement

Assessing the current profitability and operational efficiency of the firm as a whole as well as its different departments so as to judge the financial health of the firm

Ascertaining the relative importance of different components of the financial position of the firm.

Identifying the reasons for change in the profitability/financial position of the firm.

Correct Answer

Option 1

Correct Answer

Explanation →

Q3:

29 May Shift 2

Financial Statements

Medium

Q3:

Rs. 1,50,000

Rs. 2,50,000.

Rs.200,000.

Rs.100,000

Correct Answer

Option 3

Correct Answer

Explanation →

Q4:

29 May Shift 2

Financial Statements

Easy

Q4:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q5:

27 May Shift 1

Financial Statements

Easy

Q5:

These are the statements showing the profitability and financial position of a firm for different periods of time.

This analysis is also known as 'vertical analysis',

Comparative figures indicate the trend and direction of financial position and operating results.

The financial data will be comparative only when same accounting principles are used in preparing these statements.

Correct Answer

Option 2

Correct Answer

Explanation →

Q6:

27 May Shift 1

Financial Statements

Easy

Q6:

(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)

Correct Answer

Option 1

Correct Answer

Explanation →

Q7:

26 May Shift 2

Financial Statements

Easy

Q7:

Credit standard

Collection period

Credit terms

Collection policy

Correct Answer

Option 2

Correct Answer

Explanation →

Q8:

26 May Shift 2

Financial Statements

Easy

Q8:

(B), (A), (D), (C)

(B), (A), (C), (D)

(B), (C), (D), (A)

(C), (B), (D), (A)

Correct Answer

Option 2

Correct Answer

Explanation →

Q9:

24 May Shift 1

Financial Statements

Medium

Q9:

(A), (B), (C), (D)

(C), (B), (A), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 2

Correct Answer

Explanation →

Q10:

24 May Shift 1

Financial Statements

Easy

Q10:

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

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

(A), (B), (C) and (D)

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q11:

22 May Shift 1

Financial Statements

Easy

Q11:

Interpreting

Modifying

Simplifying

Explaining

Correct Answer

Option 3

Correct Answer

Explanation →

Q12:

16 May Shift 1

Financial Statements

Medium

Q12:

2,00,000

3,00,000

4,00,000

5,00,000

Correct Answer

Option 3

Correct Answer

Explanation →

Q13:

16 May Shift 1

Financial Statements

Easy

Q13:

Comparative Statements

Ratio Analysis

Cash flow statements

Measure of central tendency

Correct Answer

Option 4

Correct Answer

Explanation →

Q14:

16 May Shift 1

Financial Statements

Medium

Q14:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q15:

15 May Shift 2

Financial Statements

Easy

Q15:

22,00,000

16,00,000

18,00,000

7,00,000

Correct Answer

Option 2

Correct Answer

Explanation →

Q16:

15 May Shift 2

Financial Statements

Easy

Q16:

30%

33.33%

40%

25%

Correct Answer

Option 2

Correct Answer

Explanation →

Q17:

15 May Shift 2

Financial Statements

Easy

Q17:

15,00,000

14,00,000

13,00,000

16,00,000

Correct Answer

Option 3

Correct Answer

Explanation →

Q18:

15 May Shift 2

Financial Statements

Easy

Q18:

15,00,000

5,00,000

20,00,000

10,00,000

Correct Answer

Option 3

Correct Answer

Explanation →

Q19:

15 May Shift 2

Financial Statements

Easy

Q19:

50%

20%

33.33%

66.67%

Correct Answer

Option 1

Correct Answer

Explanation →

Q20:

15 May Shift 1

Financial Statements

Easy

Q20:

They focus on the facts and relationships related to managerial performance, corporate efficiency etc.

They does not consider price level changes.

They indicate the ability of the company to meet its obligations.

They provide vital information to different stakeholders.

Correct Answer

Option 2

Correct Answer

Explanation →

Q21:

15 May Shift 1

Financial Statements

Easy

Q21:

Vertical analysis

Ratio analysis

Trend analysis

Horizontal analysis

Correct Answer

Option 1

Correct Answer

Explanation →

Q22:

15 May Shift 1

Financial Statements

Easy

Q22:

Cash flow Analysis

Trend Analysis

Ratio Analysis

Financial statement analysis

Correct Answer

Option 4

Correct Answer

Explanation →

Q23:

15 May Shift 1

Financial Statements

Medium

Q23:

1,80,000

1,50,000

62,500

72,500

Correct Answer

Option 3

Correct Answer

Explanation →

Q24:

14 May Shift 2

Financial Statements

Easy

Q24:

Comparative Statements

Common Size Statements

Trend Analysis

Balance sheet

Correct Answer

Option 4

Correct Answer

Explanation →

Q25:

14 May Shift 2

Financial Statements

Medium

Q25:

(B) and (D) only

(A) and (B) only

(A) and (D) only

Correct Answer

Option 2

Correct Answer

Explanation →

Q26:

14 May Shift 2

Financial Statements

Easy

Q26:

Rs. 1,50,000

Rs. 1,80,000

Rs. 2,40,000

Rs. 2,50,000

Correct Answer

Option 3

Correct Answer

Explanation →

Q27:

14 May Shift 1

Financial Statements

Medium

Q27:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q28:

14 May Shift 1

Financial Statements

Easy

Q28:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q29:

14 May Shift 1

Financial Statements

Easy

Q29:

Finance manager

Top management

Investors

Non Competitive Firms

Correct Answer

Option 4

Correct Answer

Explanation →

Q30:

13 May Shift 2

Financial Statements

Medium

Q30:

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

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

(A), (B), (C) and (D)

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q31:

13 May Shift 2

Financial Statements

Medium

Q31:

(B) and (D) only

(B) and (C) only

(A) and (D) only

Correct Answer

Option 2

Correct Answer

Explanation →

Q32:

13 May Shift 1

Financial Statements

Easy

Q32:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q33:

13 May Shift 1

Financial Statements

Medium

Q33:

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

(A) and (C) only

(A) and (B) only.

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q34:

CUET Accountancy 2024 Slot 1

Financial Statements

Easy

Q34:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →