CPT exam paper pattern?

Will you please provide me the CPT exam paper pattern??????

[Kiran Chandar]

As you want to know the CPT exam paper pattern so, here for you I am providing you the same.

CPT Exam paper pattern:
• Total Marks: 200.
• Paper Type: Objective – Multiple choice questions
• Language of paper: English / Hindi
• Marking: There will be negative marking for incorrect answer. 25% marks will be deduced for incorrect answer.
Session – I (100 Marks, 2 hours)
Section A: Fundamentals of Accounting (60 marks)
Section B: Mercantile Laws (40 marks)
Session – II (100 marks, 2 hours)
Section C: General Economics (50 marks)
Section D: Quantitative Aptitude (50 marks)
Here for you I am providing you the legibility for CPT Exam.

Eligibility:

Candidate must obtain minimum 30% in each subject and 50%.

Candidates who ranked among top 10 will get scholarship.

Here for you I ma providing you the syllabus of Fundamentals of Accounting and Mercantile Laws.

Syllabus:

1. Theoretical Framework:

Meaning and Scope of Accounting
Accounting Concepts, Principles and Conventions
Accounting Standards – concepts, objectives, benefits
Accounting Policies
Accounting as a measurement discipline – valuation principles, accounting estimates.

2. Accounting Process: Books of Account leading to the preparation of Trial Balance, Capital and revenue expenditures, Capital and revenue receipts, Contingent assets and contingent liabilities, Fundamental errors including rectifications thereof.

3. Bank Reconciliation Statement

4. Inventories: Basis of inventory valuation and record keeping.

5. Depreciation Accounting: Methods, computation and accounting treatment of depreciation, Change in depreciation methods
.
6. Preparation of Final Accounts for Sole Proprietors

7. Accounting for Special Transactions:

Consignments
Joint Ventures
Bills of exchange and promissory notes
Sale of goods on approval or return basis

8. Partnership Accounts: Final accounts of partnership firms – Basic concepts of admission, retirement and death of a partner including treatment of goodwill.

9. Introduction to Company Accounts: Issue of shares and debentures, forfeiture of shares, re-issue of forfeited shares, redemption of preference shares.

Mercantile Laws Syllabus:

This section carries total 40 marks and objective of this section is to test the general comprehension of elements of mercantile laws.
The Indian Contract Act, 1872: An overview of Sections 1 to 75 covering the general nature of contract, consideration, other essential elements of a valid contract, performance of contract and breach of contract.
The Sale of Goods Act, 1930: Formation of the contract of sale – Conditions and Warranties – Transfer of ownership and delivery of goods – Unpaid seller and his rights.
The Indian Partnership Act, 1932: General Nature of Partnership – Rights and duties of partners – Registration and dissolution of a firm.


CPT Exam syllabus:

CPT Session I:
CPT Session I is divided into two sections, first is Fundamentals of Accounting and second is Mercantile Laws.
These two sections together carries 100 marks and maximum two hours (120 mins) allowed to solve these papers.
Fundamentals of Accounting Syllabus:
This section carries total 60 marks and objective of this section is to develop conceptual understanding of the fundamentals of financial accounting system.
1. Theoretical Framework:
• Meaning and Scope of Accounting
• Accounting Concepts, Principles and Conventions
• Accounting Standards – concepts, objectives, benefits
• Accounting Policies
• Accounting as a measurement discipline – valuation principles, accounting estimates
2. Accounting Process: Books of Account leading to the preparation of Trial Balance, Capital and revenue expenditures,
Capital and revenue receipts, Contingent assets and contingent liabilities, Fundamental errors including
rectifications thereof.
3. Bank Reconciliation Statement
4. Inventories: Basis of inventory valuation and record keeping.
5. Depreciation Accounting: Methods, computation and accounting treatment of depreciation, Change in depreciation methods.
6. Preparation of Final Accounts for Sole Proprietors
7. Accounting for Special Transactions:
• Consignments
• Joint Ventures
• Bills of exchange and promissory notes
• Sale of goods on approval or return basis

8. Partnership Accounts: Final accounts of partnership firms – Basic concepts of admission, retirement and death of a partner
including treatment of goodwill.
9. Introduction to Company Accounts: Issue of shares and debentures, forfeiture of shares, re-issue of forfeited shares, redemption of
preference shares.

Mercantile Laws Syllabus:
This section carries total 40 marks and objective of this section is to test the general comprehension of elements of mercantile laws.

• The Indian Contract Act, 1872: An overview of Sections 1 to 75 covering the general nature of contract,consideration, other essential elements of a valid contract, performance of contract and breach of contract.

• The Sale of Goods Act, 1930: Formation of the contract of sale – Conditions and Warranties – Transfer ofownership and delivery of goods – Unpaid seller and his rights.

• The Indian Partnership Act, 1932: General Nature of Partnership – Rights and duties of partners – Registration and dissolution of a firm



I think that this will helpful to you……….