ICAI CPT : Common Proficiency Test Practice Tests

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Exam Number : CPT
Exam Name : Common Proficiency Test
Vendor Name : ICAI
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All CPT Practice Questions questions are provided for download
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CPT exam Format | CPT Course Contents | CPT Course Outline | CPT exam Syllabus | CPT exam Objectives

Exam Details:
- Number of Questions: The CPT (Common Proficiency Test) is a multiple-choice exam consisting of four sections, each with a specific number of questions. The sections and their respective question counts are as follows:
1. Fundamentals of Accounting: 60 questions
2. Mercantile Laws: 40 questions
3. General Economics: 50 questions
4. Quantitative Aptitude: 50 questions
In total, the CPT comprises 200 questions.

- Time: The CPT is a time-limited exam, with a total duration of 4 hours. Candidates have 2 hours for each session, and they cannot leave the examination hall during the session.

Course Outline:
The CPT is an entry-level examination conducted by the Institute of Chartered Accountants of India (ICAI). It serves as the first step in the Chartered Accountancy (CA) course. The course outline for the CPT includes the following subjects:

1. Fundamentals of Accounting: This section covers the basic principles and concepts of accounting, including the preparation, presentation, and interpretation of financial statements, accounting for partnerships, and accounting for nonprofit organizations.

2. Mercantile Laws: This section focuses on the legal aspects relevant to the business environment, including the Indian Contract Act, the Sale of Goods Act, and the Partnership Act.

3. General Economics: This section covers fundamental economic concepts and principles, including microeconomics and macroeconomics, price determination, national income, money and banking, and economic reforms in India.

4. Quantitative Aptitude: This section tests the candidates' mathematical and analytical skills. It includes subjects such as ratios and proportions, time and distance, equations, probability, and basic statistical concepts.

Exam Objectives:
The CPT has the following objectives:

1. Assess Fundamental Knowledge: The exam aims to evaluate candidates' understanding of the fundamental concepts and principles of accounting, mercantile laws, general economics, and quantitative aptitude.

2. Test Analytical Skills: The CPT assesses candidates' ability to apply logical and analytical thinking in solving numerical and theoretical problems.

3. Measure Aptitude for the CA Profession: The exam aims to determine candidates' aptitude and suitability for pursuing a career in chartered accountancy.

4. Establish a Foundation: The CPT serves as the foundation for the subsequent levels of the CA course, ensuring that candidates have a solid understanding of the core subjects.

Exam Syllabus:
The CPT syllabus covers the following topics:

1. Fundamentals of Accounting:
- Theoretical Framework
- Accounting Process
- Bank Reconciliation Statement
- Inventories
- Depreciation Accounting
- Preparation of Final Accounts for Sole Proprietors
- Partnership Accounts
- Accounting for Nonprofit Organizations

2. Mercantile Laws:
- The Indian Contract Act, 1872
- The Sale of Goods Act, 1930
- The Indian Partnership Act, 1932

3. General Economics:
- Microeconomics: Introduction to Microeconomics, Theory of Demand and Supply, Price Determination in Different Markets
- Macroeconomics: Indian Economy - A Profile, Basic Understanding of National Income, Money and Banking

4. Quantitative Aptitude:
- Ratio and Proportion, Indices, Logarithms
- Equations and Matrices
- Time and Distance
- Simple and Compound Interest
- Permutations and Combinations
- Probability and Statistics

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CPT Exam

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ICAI CPT : Common Proficiency Test Practice Tests

Latest 2024 Updated ICAI Common Proficiency Test Syllabus
CPT question bank with Premium PDF and Test Engine

Practice Tests and Free VCE Software - Questions Updated on Daily Basis
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CPT exam Format | CPT Course Contents | CPT Course Outline | CPT exam Syllabus | CPT exam Objectives

Killexams Review | Reputation | Testimonials | Feedback

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CPT Exam

CPT Exam

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100% guaranteed CPT Practice Tests with Actual Questions to pass Common Proficiency Test exam. Complete pool of CPT question with 100% money back guarantee are provided.

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ICAI CPT : Common Proficiency Test Practice Tests

Latest 2024 Updated ICAI Common Proficiency Test Syllabus CPT question bank with Premium PDF and Test Engine

Practice Tests and Free VCE Software - Questions Updated on Daily BasisBig Discount / Cheapest price & 100% Pass Guarantee

CPT exam Format | CPT Course Contents | CPT Course Outline | CPT exam Syllabus | CPT exam Objectives

Killexams Review | Reputation | Testimonials | Feedback

ICAI Test exam cram

CPT Exam

CPT Exam

Other ICAI Practice Tests

Best practice questions You Ever Experienced

References :

100% Guaranteed CPT Practice Tests | Killexams

100% guaranteed CPT Practice Tests with Actual Questions to pass Common Proficiency Test exam. Complete pool of CPT question with 100% money back guarantee are provided.

Educación

Seguro Educativo

ARM Seguros 5 B Sur 5506 P.B. Col. Villa Encantada, Puebla, Puebla.

Tel (222) 888.4665, (222) 888-4560, 01 (800) 286-8192 Cel. (222) 128-6689

Educación

Seguro Educativo

Latest 2024 Updated ICAI Common Proficiency Test Syllabus
CPT question bank with Premium PDF and Test Engine

Practice Tests and Free VCE Software - Questions Updated on Daily Basis
Big Discount / Cheapest price & 100% Pass Guarantee