CBSE Class 12 Accountancy Most Expected Questions for Board Exam 2024, Download in PDF

Most Expected Questions in Accountancy Class 12 CBSE Board Exam: CBSE Class 12 Accountancy Board Exam 2024 is scheduled for Saturday, March 21, 2024 from 10:30 AM to 1:30 PM. During the final few days, students should only focus on making wise usage of their time and efforts by using good resources to upscale their preparation. Here, you can find the CBSE Class 12 Accountancy Most Expected Questions for Board Exams 2024. Students are advised to check the list of topics and questions that have a high chance of being asked in the CBSE Class 12 Accountancy Paper 2024. The list provided below has been specially curated by the subject experts after a thorough analysis of the previous trends, past year question paper, sample papers, marking scheme, and a lot more. We have also kept in mind, the ratio of competency-based questions expected in the upcoming exam. 

Recently, the board released practise question paper for competency-based questions, which revealed that the paper has a high tendency of consisting 50% of such questions. You can check CBSE Class 12 Accountancy Competency Based Questions for Board Exams 2024.

Most Expected CBSE Class 12 Accountancy Questions 

Check the most expected questions for CBSE Class 12 Accountancy Board Exam 2024 below. 

1. Collateral Security- A Balance Sheet related question is being expected from Collateral security in the CBSE Class 12 Accountancy Paper 2024. Students should keep their basics clean and practise balance sheet related question from collateral security.

2. Goodwill- Goodwill is a frequently repeated topic in the board exam. The question bank, practise questions, and sample paper released by the board also have examples of multiple question from the topic. Some of the questions that can make it to the question paper 2024 are:

a) Gaining Ratio

b) Sacrificing Ratio

c) Goodwill entry

d) Adjustments of goodwill.

3. Death of a Partner- This time, a question from Death of a Partner is highly expected in the paper. Students must practise the following questions before appearing for the exam. 

a) Executor Loan A/c 

b) Deceased share of profits 

4. Debenture Related Questions- Debenture related question is highly expected in the exam. Specifically, students can practise the below-mentioned questions from sample paper, exercise, and question banks. 

a) Interest on debenture entry

b) Issue entry

c) write off loss 

5. Partnership Deed- An easy and must-read topic for board exams is partnership deed. As per the trends, question from this topic is occasionally asked in the paper and we can expect CBSE to ask a question from Partnership Deed this time. 

a) What happens if the deed is silent

b) Rules of deed

6. Profit and Loss Appropriation Account- This is an important topic for the board exams since question from this one are often asked in the CBSE board exams. Read what is profit and loss appropriation account, how is the statement made, and more. Students should specifically focus on below-mentioned areas. 

a) Commission

b) Reserves

c) Guarantee

7. Admission/Retirement of a Partner- This chunk of the syllabus holds maximum amount of marks weightage in the question paper and a lot of questions from these chapters will be asked in the exam. Practise below-mentioned questions to ensure that you solve any question from these chapters in one go. 

a) New ratio

b) Sacrificing Ratio

c) Adjustment of capital

d) Goodwill entry

8. Financial Statements- This segment is not very lengthy and exhaustive and hence students can practise only the below-mentioned questions for a good score. 

a) Limitations

b) Horizontal and vertical analysis

c) Head and sub-heads

d) Comparative income statement

9. Accounting Ratios- Students who have a problem with calculations or know that their theory is strong should ensure that they practise this chapter well. Practising the below-mentioned ratios is enough for a good score in the exam.

a) Preparatory ratio

b) Inventory turnover ratio

c) Working Capital turnover ratio

d) Current/Quick ratio

e) Gross Profit ratio

f) ROI

10. Cash Flow Statement- This segment plays a key role in determining your final score in the paper since an entire section is completely dedicated to it. The questions mentioned below have a high chance of being asked in the CBSE 12th Accountancy question paper 2024. 

a) Interest on debentures

b) Tax

c) Proposed dividend

Important Resources for Preparation of CBSE 12th Accountancy Board Exam 2024