Mock Test for CA CPT

I am doing preparation for CA CPT exam , requires sample paper of the exam . Please give here sample question paper for CA CPT examination ?

[Arun Vats]

As you want I am here giving you sample question paper for CA CPT examination.

Sample paper :
1. Capital work in progress is shown in the balance sheet under _____
a) Share capital
b) Current Assets
c) Fixed Assets
d) Current Liabilities

2. Which of the following statements is correct?
a) Goodwill is a fictitious asset
b) Patents are intangible asset
c) Debtors are current liability
d) None of the above

3. ________ is allowed by the consignor to the consignee to put hard work while introducing a new product in the market.
a) Commission on total sales
b) Del-credere commission
c) Over riding commission
d) Extra salary

4. The company decided to redeem 5000 redeemable preference shares of Rs.100 each. The company issued 2000 equity shares of Rs.100 each. The amount to be transferred to CRR is _____.
a) Rs.2,00,000
b) Rs.3,00,000
c) Rs.1,50,000
d) Rs.5,00,000

5. Which account should be credited in case of shares issued at premium?
a) Share capital account
b) Securities premium A/c
c) Share forfeiture A/c
d) Both (a) & (b)

6. Income tax demand disputed will be _____
a) Contingent liability
b) Current Liability
c) Possible Asset
d) Possible Liability

7. Goods worth Rs.100 bought from Narayan have remained unrecorded. What will be the effect of the error on trial balance.
a) No effect
b) Trial Balance Credit total will be short by Rs.100
c) Trial Balance Debit total will be short by Rs.100
d) Trial Balance Credit total will be increased by Rs.200

8. Credit balance in the ledger will be either _____ or ____
a) Assets, Revenue
b) Expenses, Assets
c) Liabilities, Revenue
d) Expenses, Liabilities

9. Which method of depreciation is approved as per the income tax rules?
a) Sinking fund method
b) Written Down Value Method
c) Annuity Method
d) None of the above

10. Capital A/c is a _______ A/c.
a) Personal
b) Real
c) Nominal
d) None

11. Cash A/c is a ________ A/c.
a) Personal
b) Real
c) Nominal
d) None

12. Which is not only a subsidiary book, but also a principal book?
a) Cash book
b) Sales book
c) Purchase book
d) Bills receivable book

13. The principle "Debit the receiver and credit the giver" is related to_____
a) Personal a/c
b) Real a/c
c) Nominal a/c
d) None

14. If shares are forfeited, Share Capital a/c is debited with ________
a) Called up face value
b) Face value
c) Paid up face value
d) none of these

15. Wages paid for erection of machinery is debited to _____
a) Machinery A/c
b) Wages A/c
c) Cash A/c
d) None of these

16. Share Premium A/c appears in the Balance Sheet under the heading.
a) Current liabilities
b) Reserves & Surplus
c) Miscellaneous expenditure
d) None of the above

17. The goods or cash taken by the proprietor for his personal use will be debited to ____
a) Expenditure a/c
b) Debtors a/c
c) Drawings a/c
d) None of these

18. Interest on drawings is a ___ to the business
a) Expenditure
b) Gain
c) Liability
d) Loss

19. If a contingent liability becomes probable, it has to be:
a) Shown in notes on accounts
b) Provided in the books of accounts
c) Ignored and no entry will be passed
d) Shown in director's report

20. Capital reserves are created out of:
a) Capital Profits
b) Profits in balance
c) Revenue profits
d) None

I want to become CA and want to apply for CA CPT Exam searching for mock test paper. Will you provide Mock Test Paper for CA CPT also tell what the eligibility required for CA CPT Exam?

[Neelu Bhasin]

The CPT or Common Proficiency Test was the first level of Chartered Accountancy examinations in India which has been changed to CA Foundation according to ICAI's revised scheme

Please find the below attached file for Mock Test Paper for CA CPT:

CA CPT Mock Test







Eligibility Criteria:

Qualification:
The aspirants must have passed 10+2 level (Senior Secondary) qualifying examination from a national or state-recognized Board of Secondary Education in India.

Exam pattern:

It is an objective type examination and consists of 200 multiple choice questions. CPT covers four basic subjects divided into two sections viz.

1.Accounting (60 Marks) + Mercantile Laws (40 Marks)

2.Economics (50 Marks) + Quantitative Aptitude (50 Marks)

Every incorrect answer on the CPT exam carries a 0.25 negative mark.

A candidate is required to secure a minimum of 30 per cent marks in each Section and a minimum of 50 per cent marks in aggregate, in all the four Sections to pass the Common Proficiency Test.

Important dates:

Online Application form Start April 2021
End to submit the online registration form 3rd week of April 2021
Print out the application form May 2021
without late fee correction window open 1st week of May 2021
With Late fee correction window open May to June 2021
CA CPT 2021 Exam Date June 2021
Result Announced July 2021