UGC NET Holding company accounts Previous Year Questions
JRFSmart holds 5 previous-year questions on Holding company accounts from UGC NET Commerce (Paper 2), filed under Unit 2: Accounting and Auditing, drawn from 5 of the 22 exam papers in the bank (2021–2025). Each question can be practised with a full explanation and shows how often NTA has returned to the same idea.
What is asked in Holding company accounts
The questions in this topic fall under these subtopics, ordered by how many previous-year questions each has.
| Subtopic | Questions |
|---|---|
| Goodwill on consolidation | 1 |
| Pre- and post-acquisition profits | 1 |
| Minority interest | 1 |
| Cross holding | 1 |
| Presentation of minority interest | 1 |
NTA repeat analysis
Holding company accounts appears in 5 of 22 papers (23%), which JRFSmart rates as medium frequency.
Sample previous-year questions
Assertion (A) : Minority interest is that part of the net assets of a subsidiary attributable to interest which is held by outsiders. Reason (R) : Minority interest should be presented in the consolidated balance sheet as a part of equity of the parent's…
Given below are two statements: One is labelled as Assertion A and the other is labelled as Reason R. Assertion 'A': When holding company holds more than 50% (but not whole) shares of a company, then the holders of the rest of shares will be known as…
In a situation where the holding and subsidiary companies own shares in each other is known as-
When the value of "Investment in subsidiary" in the holding company's balance sheet is more than the book value of the net assets acquired, the difference represents
Fill in the blanks. For a holding company, all pre-acquisition profits/losses of the subsidiary company are ______, while all post- acquisition profits/losses of the subsidiary company are _________.
Showing 8 of 5 questions, without answers. Practise the full set with options, the official answer and JRFSmart's explanations.
Practise Holding company accounts
All 5 questions, one topic, with explanations and repeat data. One topic in every unit is free.
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