Central Board of Secondary Education
Class – XII (Year 2011)
Subject – Accountancy - (SET - 2)
(i) All questions are compulsory.
(ii) Marks for each question are indicated against it.
(iii) Use of Calculators is not permitted.
- What is the basis for preparing an Income and Expenditure Account in the
case of Not -for - Profit Organizations.?
- How does the market situation affect the value of goodwill of a firm?
- Give the meaning of 'Cash Flow'.