Class 12 Accountancy Project Viva Questions with Answers

CBSE 2026–27 Project Work

Top Viva Questions

1. Why did you select this topic?
   Explain the accounting relevance and what you intended to investigate.
2. What are your data sources?
   Name the annual report, financial statements, official filing or other reliable source actually used.
3. What is the purpose of ratio analysis?
   To interpret relationships among accounting figures relating to areas such as liquidity, solvency and profitability.
4. Why compare two years?
   To identify changes and trends rather than viewing one year’s figure in isolation.
5. What is a cash flow statement?
   It explains changes in cash and cash equivalents through operating, investing and financing activities.
6. What is a limitation of financial analysis?
   Accounting figures depend on policies, estimates and the quality of available information; ratios therefore require context.
7. How did you verify calculations?
   Recalculate formulas independently and cross-check totals with source statements.
8. What was your main finding?
   State the actual finding from your project data, not a generic conclusion.

Viva Tip

Do not memorise sentences without understanding your calculations. The strongest preparation is being able to reproduce one calculation and explain what it means.