CPT Exam Objective Paper Pattern

Please provide me examination pattern for the CPT examination for admission in the CA course??

here I am giving you examination pattern for the CPT examination for admission in the CA course offered by reputed college situated in India..

CPT exam pattern :
The CPT Examination is held two times a year in the months of June and December every year.
CPT is an objective type test with negative marking. Subjects to be studied in CPT are as follows:
SESSION – I (Two Sections – Two hours – 100 Marks)
Section A: Fundamentals of Accounting (60 Marks)
Section B: Mercantile Laws (40 Marks)
SESSION – II (Two Sections – Two hours – 100 Marks)
Section C: General Economics ( 50 Marks)
Section D: Quantitative Aptitude ( 50 Marks)
The CPT is treated as a single paper of 200 Marks.
A student has to obtain 100 marks in aggregate to qualify CPT.

Examination pattern •
Total Marks - 200 •
Mode of exam - objective •
No. of Questions - 200 •
Duration - 4 hours (in TWO sessions of 2hours each) •
Timing - session 1 (10.00 am to 12.00am) –
Session 2 (2.00pm to 4.00pm)

Question paper :
1. RPC Ltd. follows the written down value method of depreciating machinery year after
year due to
(a) Comparability.
(b) Convenience.
(c) Consistency.
(d) All of the above.
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2. A change in accounting policy is justified
(a) To comply with accounting standard.
(b) To ensure more appropriate presentation of the financial statement of the
enterprise.
(c) To comply with law.
(d) All of the above.

3. Purchases book records:
(a) All cash purchases.
(b) All credit purchases.
(c) Credit purchases of goods in trade.
(d) None of the above.

4. A Bank Reconciliation Statement is prepared to know the causes for the difference
between:
(a) the balances as per cash column of Cash Book and the Pass Book.
(b) the balance as per bank column of Cash Book and the Pass Book.
(c) the balance as per bank column of Cash Book and balances as per cash column
of Cash Book
(d) None of the above.

5. While finalizing the current year’s profit, the company realized that there was an error in
the valuation of closing stock of the previous year. In the previous year, closing stock
was valued more by Rs.50,000. As a result
(a) Previous year’s profit is overstated and current year’s profit is also overstated
(b) Previous year’s profit is understated and current year’s profit is overstated
(c) Previous year’s profit is understated and current year’s profit is also understated
(d) Previous year’s profit is overstated and current year’s profit is understated

6. In the absence of any provision in the partnership agreement, profits and losses are
shared
(a) In the ratio of capitals.
(b) Equally.
(c) In the ratio of loans given by them to the partnership firm.
(d) None of the above.

7. Fundamental accounting assumptions are
(a) Materiality.
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(b) Business entity.
(c) Going concern.
(d) Dual aspect

8. Which of the following errors are not revealed by the Trial Balance:
(a) compensating errors;
(b) errors of commission;
(c) wrong balancing of an account;
(d) wrong totalling of an account

9. Which of the following are of capital nature?
(a) Purchase of a goods
(b) Cost of repair
(c) Wages paid for installation of machinery
(d) Rent of a factory

10. Which of the following statement is not true:
(a) If del-creder’s commission is allowed, bad debt will not be recorded in the books
of consignor
(b) If del-creder’s commission is allowed, bad debt will be debited in consignment
account
(c) Del-creder’s commission is allowed by consignor to consignee
(d) Del-creder’s commission is generally relevant for credit sales

PART II
11. Discount on issue of debentures is a __________
(a) Revenue loss to be charged in the year of issue
(b) Capital loss to be written off from capital reserve
(c) Capital loss to be written off over the tenure of the debentures
(d) Capital loss to be shown as goodwill

12. Loss on issue of debentures is treated as ____________.
(a) Intangible asset
(b) Current asset
(c) Current liability
(d) Miscellaneous expenditure

Attached Files Available for Download

CPT Exam Objective Paper.pdf (1.27 MB, 21 views)

Common Proficiency Test is an entry level test for Chartered Accountancy course.

The CPT exam is divided into 4 sections and the total marks for the exam is 200.

The paper consists of objective type questions from subjects namely:

Fundamentals of Accounting,
Mercantile Laws,
General Economics and
Quantitative Aptitude with an objective to test the basic knowledge of the candidate in these subjects

CPT is divided into 2 sessions of two hours each.

In the first session there are two sections:

Section A – Fundamentals of Accounting carrying 60 marks and

Section B – Mercantile laws carrying 40 marks.

In the second session there are two sections: Section C – General Economics carrying 50 marks and

Section D – Quantitative Aptitude also carrying 50 marks

The CA CPT Exam paper has 200 marks objective type multiple choice questions divided into 2 sessions and each session is of 2 hour duration.

Both the sessions are divided into 2 different modes namely paper pencil based mode and the online registration mode.

For each correct answer, the students will be awarded one mark and for each wrong answer students lose .25 marks.

Paper pencil based mode- Paper pencil based test is conducted in morning session and evening session and each session has 2 parts.

Online registration mode-
For online registration candidates has to fill an online examination form and then they have to appear for exam held at various centers across India.

Session 1 (2 sections-2 hours- 100 marks):
Section A- Fundamentals of Accounting (60 marks)
Section B- Mercantile Law (40 marks)

Session 2 (2 sections-2 hours- 100 marks):
Section C- General Economics (50 marks)
Section D- Quantitative Aptitude (50 marks)

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Answered By StudyChaCha Member