# Matching Type MCQs of Goodwill class 12 Accountancy

Looking for important matching type MCQs of Goodwill chapter with answers and solutions of Accountancy class 12 CBSE Board, ISC, and State Board.

## Matching Type Multiple Choice Questions with answers of Goodwill chapter of Accountnacy class 12

Let’s Practice

Match the Columns.

Options

a) A – iii), B – ii), C – iv), D – i)
b) A – ii), B – iii), C – iv), D – i)
c) A – iii), B – ii), C – i), D – iv)
d) A – ii), B – iii), C – i),D – iv)

Ans – d)

Capital Employed in a business is ₹1,00,000. The normal rate of return on capital employed is 15%. During 2020, the firm earned a profit of ₹24,000. The company calcualtes goodwill on basis of 3 years purchase of super profit. On the basis of information, match the following.

Options

a) A – i), B – ii), C – iii), D – iv)
b) A – i), B – ii), C – iv), D – ii)
c) A – iv), B – iii), C – ii), D – i)
d) A – i), B – iv), C – iii), D – ii)

Ans – c)

Identify the factors affecting the value of goodwill:

Options

a) i) – C, ii) – A
b) i) – A, ii) – B
c) i) – C, ii) – D
d) i) – D, ii) – A

Ans – a)

Identify weight for the past years while calculating goodwill by weighted average profit:

Options

a) i) – A, ii) – C, iii) – D, iv) – B
b) i) – B, ii) – A, iii) – C, iv) – D
c) i) – C, ii) – B, iii) – A, iv) – D
d) i) – D, ii) – A, iii) – B, iv) – C

Ans – a)

Match the following items:

Options

a) i) – B, ii) – A, iii) – A
b) i) – A, ii) – B, iii) – B

Ans – a)

Match the following items:-

Options

a) i) – B
b) i) – A
c) i) – C

Ans – a)