Class 12 Accountancy CBSE Question Paper 2020
FAQs on CBSE Class 12 Accountancy Question Paper 2020 | Download Free PDF
1. Can I prepare for the CBSE Class 12 board in 3 months?
If you have the basic understanding of Accountancy you learned in class, 3 months is ample time for you to be fully prepared for the final examination. By observing the relevant questions and understanding the key concepts related to Accountancy, you can get a thorough idea of the upcoming question paper. Vedantu has previous years CBSE Class 12 Accountancy question papers along with the answer keys for you to get the general framework of the subject and its relevant topics.
2. What are the additional reference books for CBSE Class 12 Accountancy?
Apart from the study materials provided by Vedantu, it is recommended that students take guidance from relevant study materials which are needed to have a strong grasp on the subject of Accountancy. T.S Grewal’s comprehensive guide for Class 12 Accountancy books are effective learning materials. D.K. Goel’s Accountancy sample papers and Answer Keys are also one of the most reliable sources for attaining knowledge about Accountancy question papers.
3. How can I pass my CBSE Class 12 Accountancy?
The student must follow specific instructions to clear their Class 12 Accountancy. A better way to understand the concepts of the chapters is to go through the previous year’s CBSE Class 12 Accountancy question papers and note the main key points mentioned there. Secondly, it is important to read and understand all the chapters line by line to attain a perfect understanding.
Once they are done with the reading of the chapters, the students need to resort to the CBSE solutions, where they get additional practice and training to further strengthen and polish their existing knowledge.
These practices will help the student in not just passing, but also attaining a good score in their CBSE Class 12 Accountancy.
4. What are CBSE approved abbreviations for Class 12 Accountancy?
Some of the abbreviations from the vast compound of Accountancy are as follows:
ASSOCHAM : Associated Chambers of Commerce and Industry of India
VAT : Value Added Tax
UNCTAD : United Nations Conference on Trade and Development
TDS: Tax Deduction at Source
TIN : Tax Information Network
TAN : Tax Deduction and Collection Account Number
STT : Securities Transaction Tax
SDR : Special Drawing Rights
RTP : Reverse Tranche Position
PAN : Permanent Account Number
OLTAS : Online Tax Accounting System
NYSE : New York Stock Exchange
NSDL : National Securities Depository Limited
NAV : Net Asset Value
NASDAQ : National Association of Securities Dealers Automated Quotation
IPO : Initial Public Offering
IMF : International Monetary Fund
GDR : Global Depository Receipt
GATT : General Agreement for Trade and Tariff
FPO : Follow-on Public Offer
FII : Foreign Institutional Investors
FICCI : Federation of Indian Chambers of Commerce and Industry
FDI : Foreign Direct Investment
FCCB : Foreign Currency Convertible Bond
ECB : External Commercial Borrowing
DICGC : Deposit Insurance and Credit Guarantee Corporation of India
CPI : Consumer Price Index
CII : Confederation of Indian Industries