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Home/ Questions/Q 178
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Amit Sharma
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Amit Sharma
Asked: November 19, 20192019-11-19T06:46:46+00:00 2019-11-19T06:46:46+00:00In: Class 12

Viva Questions 12th Accountancy for 2019-20

  • 17
Viva Questions 12th Accountancy for 2019-20

These are so many expected questions based on different topics. It doesn’t mean that examiner will ask these questions only there may be other questions also. Students are advised to read their practical file carefully. Questions can be asked from basics concepts of accounting, important journal entries, depreciation, errors and rectification, ratio analysis, cash flow analysis and the file that students prepare:

Important & Viva Questions for Class 12 Accountancy


Some Sample of questions are listed below:

1. What is book-keeping? How is it different from accounting?
2. What is double entry system of book keeping?
3. What are assets? What are liabilities?
4. What is operating cycle?
5. What is a contingent liability?
6. What is a capital reserve? What is a general reserve?
7. What are fundamental accounting assumptions?
8. What are Accounting Standards?
9. What is opening entry? What are closing entries?
10. What is other name for journal/ledger?
11. What is traditional classification of accounts?
12. How are personal accounts classified?
13. What is meant by narration? Why is it necessary to write a narration?
14. What is a trial balance?
15. What are errors of omission? What are compensating errors?
16. What is the journal entry for depreciation?
17. Under which method the cost of fixed assets will never become zero?
18. What is the meaning of financial statements? What is financial statements analysis?
19. What is horizontal analysis? What is vertical analysis?
20. What is meant by Ratio? What is an accounting ratio?

Similarly a lots of questions can be created on the basis of your project work and related theory chapters.

To get answers of these questions,  visit to

Important & Viva Questions for Class 12 Accountancy

accountancycbse 2020class 12ncertviva questions
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    1. Pramod Dand
      2019-11-19T06:49:34+00:00Added an answer on November 19, 2019 at 6:49 am

      Really very nice.

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    2. Sandeep
      2019-11-20T09:24:56+00:00Added an answer on November 20, 2019 at 9:24 am

      Very helpful

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    3. Gurpreet Kaur
      2019-11-20T09:44:33+00:00Added an answer on November 20, 2019 at 9:44 am

      I was searching some other contents, just by chance I have this blog.

      Really very good collection of questions for Class 12 Accounts CBSE Exams 2022-2023

      Please upload Viva Questions for Business studies and Viva questions for Economics for CBSE exams 2020.

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    4. Vishika Jain
      2019-12-22T05:54:54+00:00Added an answer on December 22, 2019 at 5:54 am
      This answer was edited.

      Viva questions for class xii Economics are really helpful.
      https://www.tiwariacademy.com/important-questions/class-12/economics/

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    5. Kiran
      2019-12-27T14:47:16+00:00Added an answer on December 27, 2019 at 2:47 pm

      Viva questions for class 12 accounts, business studies and economics all are prepared very well.

      Thanks to Tiwari Academy.

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    6. Best Answer
      Amit Sharma
      2019-12-04T07:14:59+00:00Added an answer on December 4, 2019 at 7:14 am
      This answer was edited.

      For viva questions of Economics please visit to Tiwari Academy to find the answers of the following questions:
      Who is the present Governor of RBI?
      Does a Central Bank deal with public?
      What currency notes does RBI print?
      How is Government budget classified?
      What does fiscal deficit show?
      What are the main objectives of Government budget?
      What is National Income?
      What is Domestic Income?
      What is money multiplier?
      How are MPC and Multiplier related?
      What is relative poverty?
      What is absolute poverty?
      Define worker population ratio.
      XYZ is getting work for 4 hours per day, is he unemployed?
      What is meant by infrastructure?
      What are the different types of infrastructure?
      Visit to the following page to get answers of all questions.
      https://www.tiwariacademy.com/important-questions/class-12/economics/
      Visit for all Subject of Class 12:
      https://www.tiwariacademy.com/important-questions/class-12/

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