CBSE Class 12Bestseller

Goodwill - MCQ Test (CBSE Class 12 Accountancy)

Quick MCQ test on nature, valuation and accounting treatment of goodwill.

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Tests in this series

Test 1

Free

What you'll master

Value goodwill and pass entries for its treatment

Description

About this test

A quick MCQ test on the nature, valuation and accounting treatment of goodwill for CBSE Class 12 Accountancy. Every question has an explanation.

What's inside

  • 1 test with 5 questions, all with explanations

  • 10 minutes

  • Topics: self-generated goodwill under AS-26, capitalisation method of valuation, gaining ratio, and compensation to retiring or deceased partners

  • Free for everyone

Who is this for?

  • CBSE Class 12 Commerce students

Last updated November 2026

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Meet your instructor

NBNandani Bajpai

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Goodwill - MCQ Test (CBSE Class 12 Accountancy)
Free

Every test in this series is free to attempt.

This test series includes

  • 1 mock test
  • 10 questions
  • English
Free