UGC NET Accounting standards Previous Year Questions
JRFSmart holds 19 previous-year questions on Accounting standards from UGC NET Commerce (Paper 2), filed under Unit 2: Accounting and Auditing, drawn from 15 of the 22 exam papers in the bank (2018–2025). Each question can be practised with a full explanation and shows how often NTA has returned to the same idea.
What is asked in Accounting standards
The questions in this topic fall under these subtopics, ordered by how many previous-year questions each has.
| Subtopic | Questions |
|---|---|
| Ind AS and their subjects | 5 |
| Deferred tax liabilities | 1 |
| Accounting standards and subjects | 1 |
| Ind AS and subjects | 1 |
| Ind AS and IFRS | 1 |
| AS-2 valuation of inventories | 1 |
| AS-3 cash flow statements | 1 |
| AS-4 events after the balance sheet date | 1 |
| Ind AS and their topics | 1 |
| Ind AS 21 - effects of exchange rate changes | 1 |
| XBRL | 1 |
| Indian Accounting Standards | 1 |
NTA repeat analysis
Accounting standards appears in 15 of 22 papers (68%), which JRFSmart rates as high frequency.
1 question in this topic has been verified as repeated in more than one paper.
Sample previous-year questions
Match List I with List II: LIST I | LIST II A. Ind AS 1 | I. Income Taxes. B. Ind AS 12 | II. Related Party Disclosures. C. Ind AS 24 | III. Intangible Assets. D. Ind AS 38 | IV. Presentation of Financial Statements. Choose the correct answer from the…
Which of the following Ind AS specifically deals with consolidated financial statements?
Match the LIST-I with LIST-II LIST I | LIST II A. Ind AS 2 | I. Property, Plant and Equipment B. Ind AS 16 | II. Fair Value Measurement C. Ind AS 103 | III. Inventories D. Ind AS 113 | IV. Business Combinations Choose the correct answer from the options…
Match List - I with List - II. LIST I | LIST II A. Ind As - 1 | I. Revenue B. Ind As - 2 | II. Property plant and equipment C. Ind As - 16 | III. Inventories D. Ind As - 18 | IV. Presentation of Financial statement Choose the correct answer from the options…
Match List - I with List - II. LIST I | LIST II A. Finance lease | I. The lessor transfers, substantially all the risk and rewards incidental to the ownership of the asset to the lessee. B. Operating lease | II. The lease under which a lessor owns/acquires…
Bank overdraft payable on demand should be treated as cash and cash equivalent according to which one of the following Accounting Standard?
Match the List-I with List-II LIST I | LIST II A. Ind AS-12 | I. Leases B. Ind AS-17 | II. Borrowing Costs C. Ind AS-19 | III. Employee Benefits D. Ind AS-23 | IV. Income Taxes Choose the correct answer from the options given below:
Which one of the following Ind AS is related to "The Effects of Changes in Foreign Exchange Rates"?
Showing 8 of 19 questions, without answers. Practise the full set with options, the official answer and JRFSmart's explanations.
Practise Accounting standards
All 19 questions, one topic, with explanations and repeat data. One topic in every unit is free.
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