#1
22nd August 2014, 02:36 PM
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CPT exam last year question paper
Here I am looking for the CPT exam last year question paper, will you please provide me the same????????
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#2
23rd August 2014, 08:20 AM
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Re: CPT exam last year question paper
This is the CPT exam last year question paper: 1. Which of the following should be valued compulsory at the time of admission of a partner______ a) Goodwill b) Plant & machinery c) Land & Buildings d) Furniture & fillings 2. Which Accounts are used to prepare Bank Reconciliation statement? a) Cash column & Bank statement b) Bank column & Bank Statement c) Cash column & Bank Balance d) None of the above 3. The opening stock is overstated by Rs.10,000 and closing stock is understated by Rs.15,000. The impact on the net profit of the current year is a) Rs.5,000 overstated b) Rs.25,000 overstated c) Rs. 5,000 understated d) Rs.25,000 understated 4. If nothing is given in the financial statements about the three accounting assumptions then it is to be treated as it a) Is assumed that it is not followed b) Is assumed to be followed c) Is assumed to be followed to some extent d) None of the above 5. A & B have started a Joint Venture for purchase & Sale of garments. Initial capital contribution was Rs.25,000 & Rs.50,000. There is no written agreement about share of P & L among them. They purchased garments worth Rs.50,000 & sold for Rs.75,000, the profit to be shared among them is a) Rs.8,333 & Rs.16,667 b) Rs.10,000 & Rs.15,000 c) Rs.12,500 & Rs.12,500 d) Rs.20,000 & Rs.5,000 CPT exam last year question paper Rests of the questions are in the attachment, download it freely from here: |