Class – XII (Year 2011)
Subject – Accountancy - (SET - 2)

General Instructions:
(i) All questions are compulsory.
(ii) Marks for each question are indicated against it.
(iii) Use of Calculators is not permitted.

1. What is the basis for preparing an Income and Expenditure Account in the case of Not -for - Profit Organizations.?
2. How does the market situation affect the value of goodwill of a firm?
3. Give the meaning of 'Cash Flow'.

(E-Book) CBSE Board Class 12th Papers PDF : Accountancy

Courtesy: cbse.nic.in