CBSE Class 12 Accountancy Sure Shot Questions Worksheet Set A

Read and download the CBSE Class 12 Accountancy Sure Shot Questions Worksheet Set A in PDF format. We have provided exhaustive and printable Class 12 Accountancy worksheets for Sure Shot Questions, designed by expert teachers. These resources align with the 2025-26 syllabus and examination patterns issued by NCERT, CBSE, and KVS, helping students master all important chapter topics.

Chapter-wise Worksheet for Class 12 Accountancy Sure Shot Questions

Students of Class 12 should use this Accountancy practice paper to check their understanding of Sure Shot Questions as it includes essential problems and detailed solutions. Regular self-testing with these will help you achieve higher marks in your school tests and final examinations.

Class 12 Accountancy Sure Shot Questions Worksheet with Answers

1 MARK QUESTIONS (To be answered in one word or one sentence)

1. In order to be successful an organization must change its goals according to the needs to the environment. Which characteristic of management is highlighted in the statement?
 
2. Managerial activities are performed in all types of organizations in all departments at all levels. Which management character is highlighted here?
 
3. Your grandfather has retired where he is responsible for implementing the plans developed by the top management at which level of management was he working? State one more function of this level of management.
 
4. Your grandfather has retired as a Director of manufacturing company. At which level of management was he working?
 
5. The following is not an objective of management
(A) Earning profits 
(b) growth of the organization
(c) Providing employment 
(d) policy making

COMPANY ACCOUNTS – REDEMPTION OF DEBENTURES

Question. Out of the following in which situation companies do not require creation of Debenture Redemption Reserve
(a) When debentures are issued with a maturity period of 18 months or less.
(b) When infrastructure companies issue debentures.
(c) When financial companies issue debentures.
(d) conversion of debentures into shares
Answer : C

Question. A Ltd. had ₹10,00,000 9% debentures due for redemption on 1.10.12 at a premium of 5%. The company had a Debenture Redemption Reserve of ₹1,64,000. How much Debenture Redemption Reserve needs to be created?
(a) ₹ 86,000
(b) ₹ 96,000
(c) ₹ 54,000
(d) ₹ 76,000
Answer : A

Question. Debentures can be redeemed out of
(a) Capital
(b) Surplus Funds
(c) Profits
(d) All of the above
Answer : D

Question. Where is Debenture Redemption Reserve transferred once all debentures are redeemed?
(a) Capital Reserve
(b) General Reserve
(c) Securities Premium Reserve
(d) P&L A/c
Answer : B

Question. P Ltd. redeemed its 360 9% Debentures of ₹100 each which were issued at a premium of 5% by Converting them into equity shares of ₹10 each issued at a discount of 10%. How many shares will be issued for conversion?
(a) 4,200
(b) 4,500
(c) 4,800
(d) 5,000
Answer : A

Part 2 Chapter 02 Issue and Redemption of Debentures
CBSE Class 12 Accountancy Debentures Worksheet

CBSE Accountancy Class 12 Sure Shot Questions Worksheet

Students can use the practice questions and answers provided above for Sure Shot Questions to prepare for their upcoming school tests. This resource is designed by expert teachers as per the latest 2026 syllabus released by CBSE for Class 12. We suggest that Class 12 students solve these questions daily for a strong foundation in Accountancy.

Sure Shot Questions Solutions & NCERT Alignment

Our expert teachers have referred to the latest NCERT book for Class 12 Accountancy to create these exercises. After solving the questions you should compare your answers with our detailed solutions as they have been designed by expert teachers. You will understand the correct way to write answers for the CBSE exams. You can also see above MCQ questions for Accountancy to cover every important topic in the chapter.

Class 12 Exam Preparation Strategy

Regular practice of this Class 12 Accountancy study material helps you to be familiar with the most regularly asked exam topics. If you find any topic in Sure Shot Questions difficult then you can refer to our NCERT solutions for Class 12 Accountancy. All revision sheets and printable assignments on studiestoday.com are free and updated to help students get better scores in their school examinations.

Where can I download the 2025-26 CBSE printable worksheets for Class 12 Accountancy Chapter Sure Shot Questions?

You can download the latest chapter-wise printable worksheets for Class 12 Accountancy Chapter Sure Shot Questions for free from StudiesToday.com. These have been made as per the latest CBSE curriculum for this academic year.

Are these Chapter Sure Shot Questions Accountancy worksheets based on the new competency-based education (CBE) model?

Yes, Class 12 Accountancy worksheets for Chapter Sure Shot Questions focus on activity-based learning and also competency-style questions. This helps students to apply theoretical knowledge to practical scenarios.

Do the Class 12 Accountancy Chapter Sure Shot Questions worksheets have answers?

Yes, we have provided solved worksheets for Class 12 Accountancy Chapter Sure Shot Questions to help students verify their answers instantly.

Can I print these Chapter Sure Shot Questions Accountancy test sheets?

Yes, our Class 12 Accountancy test sheets are mobile-friendly PDFs and can be printed by teachers for classroom.

What is the benefit of solving chapter-wise worksheets for Accountancy Class 12 Chapter Sure Shot Questions?

For Chapter Sure Shot Questions, regular practice with our worksheets will improve question-handling speed and help students understand all technical terms and diagrams.