Accountancy- II VIVA Questions and Answers 2023-2024

CourteousPsaltery avatar
By CourteousPsaltery



13 Questions

What is depreciation?

What are the causes of depreciation?

What is capital?

Why is a balance sheet prepared?

What is the need for depreciation?

What is a non-trading concern?

What is the purpose of preparing an income & expenditure account?

What does a subscription refer to?

What is the retirement of a partner in a business?

What is the main characteristic of a private company?

What is the meaning of goodwill in business?

What is involved in a hire purchase system?

What does the admission of a partner mean in a partnership business?


Prepare for your Accountancy-II VIVA with this set of questions and answers covering topics such as depreciation, its causes, and related formulas. Test your knowledge and be ready for your upcoming VIVA examination.

Make Your Own Quiz

Transform your notes into a shareable quiz, with AI.

Get started for free

More Quizzes Like This

Depreciation Quiz
5 questions
Depreciation Quiz
WonHorse5165 avatar
Depreciation in Accountancy
5 questions
Depreciation in Accountancy
SuperRetinalite9028 avatar
Accountancy Depreciation Concepts
16 questions
Accountancy Fundamentals Quiz
10 questions