List of top Questions asked in PSEB XII

Write any one security feature of computerized accounting software.

What do you mean by spreadsheet?

Write the formula to calculate the depreciation by using SLN (Straight Line) method in MS Excel.

Write the name of any three types of accounting software.

Which chart is also known as scatter chart?

PMT Method is used to prepare ________ (Payroll statement/Loan repayment statement)

Write any four limitations of Cash Flow Statement.

Write any four differences between Share and Debenture.

Command of __________ in Tally is used to delete a voucher. (Alt+D/Alt+C)

One or more cells selected is called:

__________ is not a feature of computer. (Accuracy/Intelligence)

Give any two differences between Calls in Arrears and Calls in Advance.

A firm has a current ratio of 3.5 : 1 and a quick ratio of 2 : 1. Assuming inventory at ₹96,000, find out total current assets and total current liabilities.

Write any two limitations of financial statements.

What are Convertible and Non-convertible Debentures?

What is Capital Reserve?

For whom, analysis of financial statements is not significant?

Explain redemption of debentures by draw of lots.

Harsh Ltd., a financing company, obtained loans and advances of ₹10,00,000 for the year @ 12% per annum. In which activity will it be included while preparing the Cash Flow Statement?

A company purchased machinery for ₹18,00,000 and in consideration issued shares at 20% premium. What will be the face value of shares issued?

Debenture holders are entitled to get __________. (dividend/interest)

Horizontal analysis is also known as __________ analysis. (static/dynamic)

A company purchased machinery for ₹18,00,000 and in consideration issued shares at 20% premium. What will be the face value of shares issued?

Cash Flow Statement is prepared on the basis of __________ issued by Institute of Chartered Accountants of India. (AS-3/AS-3 Revised)

For whom, analysis of financial statements is not significant?