Class: XII
Financial Accounting-(780)
Sample Question Paper 2019-20

SECTION –A

Answer any 10 questions out of the given 12 questions:
1. _________ is the written agreement among the partners.  
2. Goodwill is an ___________ asset.  
3. Write the formula to calculate the Sacrificing Ratio at the time of admission of new partner.
4. ___________ maximum number of members can be possible in a Private Company.
5. What is meant by the term oversubscription of shares?  
6. Name any two activities of Cash Flow Statement.  
7. Define Working Capital.  
8. Define Position Statement.  
9. Write one limitation of Financial Statement.  
10. Mention any one subhead under the head Shareholders’ Fund.  
11. Maximum number of partners in a partnership firm are _____.  
12. Name any one activity ratio. 

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