MISTAKES IN CBSE ACCOUNTANCY QUESTION PAPER 2020 , EFFECTING STUDENTS IN COMPLETING PAPER.

MISTAKES IN CBSE ACCOUNTANCY QUESTION PAPER 2020 , EFFECTING STUDENTS IN COMPLETING PAPER.

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Tanvi Pahwa started this petition to Central Board of Secondary Education

C.B.S.E conducted class XIIth accountancy exam on 05/03/2020 , few mistakes were found in the question paper (all the sets) :

1- In all sets Q 32. - Cash flow Statement which said "cash flow from operating activity" which is incorrect.
It should be "cash used in operating activity."

Due to this error students were not able to tally their answer and they further invested more time in order to solve the same , that effected their whole paper.

2- Set-1 Q.no. 24.-Cash flow from investing activity , "The date of sale of asset was not mentioned ". Creating confusion as there are two alternative solutions.

Hence both the alternative answers should be considered. First, when payment is made only of cash and the bill of exchange is paid in the next accounting period cash flow from investing activity would be Rs.1 lakh. Second, if the payment of both cash and bill of exchange is paid in the same accounting period then cash flow from investing activity would be Rs.10 lakh.

3-In Set-2 Q. 32.-Percentage of debentures given in note to accounts is 8% whereas in the additional information it is given as 6% debentures, Creating confusion again which percentage should be considered.

We request you to consider these errors as they impacted not only on the respective questions but also on the remaining  paper , and the questions which were left , due to investing extra time in the above mentioned questions.

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