Correct option is D
The need for valuation of goodwill arises at times of:
(A) Change in profit-sharing ratio,
(B) Retirement of a partner,
(C) Admission of a new partner,
(D) Death of a partner
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Question
The need for valuation of goodwill arises at the time of :
(A) Change of profit-sharing ratio
(B) Retirement of Partner
(C) Admission of New Partner
(D) Death of a Partner
(E) Dissolution of Firm
Choose the correct answer from the options given below :
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CUET 2025 English Language Mock 01
English
50 Questions
200 Marks
45 Mins
EnglishSimilar Questions
- 1)Identify the correct sequence of the following steps involved in calculating cash flows from operating activities of a company:
(A) Operating profit before working capital change
(B) Cash generated from operations
(C) Income tax paid
(D) Net cash flow from operating activities
(E) Goodwill amortised
Choose the correct answer from the options given below: - 2)Arrange the following in the correct order:
(A) Subscribed Capital
(B) Issued Capital
(C) Authorised Capital
(D) Paid-up Capital
Choose the correct answer from the options given below: - 3)The Deceased Partner's Capital Account includes the following amount/balances:
(A) Opening balance of his capital
(B) His share of profit/loss till the date of death
(C) His share of General Reserve
(D) His drawings till the date of death
(E) Amount paid to his executors
Choose the correct answer from the options given below: - 4)
Calculate Trade Receivables Turnover Ratio.
- 5)
What is the mode of dissolution of the firm followed by G, K and B ?
- 6)Identify the correct sequence of the following steps involved in calculating cash flows from operating activities of a company:
(A) Operating profit before working capital change
(B) Cash generated from operations
(C) Income tax paid
(D) Net cash flow from operating activities
(E) Goodwill amortised
Choose the correct answer from the options given below: - 7)Arrange the following in the correct order:
(A) Subscribed Capital
(B) Issued Capital
(C) Authorised Capital
(D) Paid-up Capital
Choose the correct answer from the options given below: - 8)The Deceased Partner's Capital Account includes the following amount/balances:
(A) Opening balance of his capital
(B) His share of profit/loss till the date of death
(C) His share of General Reserve
(D) His drawings till the date of death
(E) Amount paid to his executors
Choose the correct answer from the options given below: - 9)
Calculate Trade Receivables Turnover Ratio.
- 10)
What is the mode of dissolution of the firm followed by G, K and B ?
