Tough times stay for a while, but good days are already on the way. Keep going!
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Can a partnership firm be formed for the sole purpose of owning and sharing property?
Anonymous Quiz
22%
Yes
58%
No
6%
Yes, only for a house
14%
Yes, only for commercial property
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Why are rules for admission, retirement, and death included in the Partnership Deed?
Anonymous Quiz
3%
For social events
7%
For budgeting
4%
For travel planning
85%
To avoid disputes in such situations
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What is the nature of a Limited Liability Partnership (LLP)?
Anonymous Quiz
42%
A separate legal entity
7%
A branch of a company
11%
A sole proprietorship
40%
A partnership under the Partnership Act
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Which statement is true regarding Partnership Act, 1932 & LLP Act?
Anonymous Quiz
35%
Partnership Act applies fully to LLP
29%
Partnership Act does not apply to LLP
19%
Some sections apply to LLP
16%
Applicability depends on business size
Which is NOT a right of a partner?
Anonymous Quiz
15%
A and D only
13%
B and D only
24%
A, D and E only
49%
All A, B, C, D and E
❖ Class 12 Accounts Experience Based Paper for Board Exam 2026
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Not every day is the same, but progress is progress. Do your best today, even if it feels small.
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How does art differ from person to person?
Anonymous Quiz
11%
Art is based on theoretical knowledge.
44%
Art involves creativity and practice.
40%
Art is personalized and varies among individuals.
5%
Art follows universal principles.
How do managers achieve perfection in their art of management?
Anonymous Quiz
7%
By following theoretical knowledge strictly
86%
Through long practice, creativity, and innovation
4%
By adopting fixed management styles
3%
By restricting their personal qualities
Alex applies the same management principles to all situations. What is he lacking?
Anonymous Quiz
61%
Creativity and personalization
11%
Theoretical knowledge
10%
Dedication to the organization
18%
Fixed management styles
What are the basic features of science?
Anonymous Quiz
48%
Systematic knowledge, principles based on experimentation, and specific validity
7%
Systematic knowledge, speculation, and limited validity
6%
Random knowledge, experimentation, and universal validity
39%
Systematic knowledge, experimentation, and universal validity
Why is management considered an inexact science?
Anonymous Quiz
7%
Based on speculation
55%
Deals with unpredictable human behaviour
7%
Has no scientific principles
32%
Its principles are universally applicable
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❖ Class 12 English | Vocabulary and Inference Practice from Passages | For Board Exam 2026
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❖ Class 12 Accounts Top 300 MCQ's Questions in One Shot for Board Exam 2026
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When the path feels tough, just look back and see how far you've already come. Keep moving forward.
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Which of the following is a characteristic of a profession?
Anonymous Quiz
84%
A well-defined body of knowledge
10%
No educational qualifications required
2%
Unlimited entry
5%
No ethical code of conduct
How does a management team contribute to society?
Anonymous Quiz
11%
Profit maximization
7%
Unreasonable prices
81%
Efficiency & quality products
1%
Self-interest only
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Business owners without formal education calling themselves managers — is it correct?
Anonymous Quiz
54%
Yes, because they manage businesses
16%
No, they lack education
20%
Yes, because they are entrepreneurs
10%
No, no code of conduct
Which criterion does management not strictly meet?
Anonymous Quiz
14%
Well-defined knowledge
50%
Restricted entry
24%
Professional association
13%
Ethical code of conduct