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Tips to crack the exam:
Guys!Prepare with a cool mind
Practice as more as you can because practice is the only key to get success in such kind of competition exam.
While practicing at home, start solving related questions immediately as you finish one portion of theory.
While revision practice model papers, previous years’ questions and sample questions as more as you can.
On the day of examination, don’t take too much tension and leave studying before two hours of exam.
In examination hall
Read and follow instructions carefully.
Try to solve maximum questions as possible.
When you are confident more than 100% for 1 option of any question, read all the options carefully, fourth option may be ‘all of above’.
You can apply above trick to the question where ‘none of above’ option is available.
Don’t try to attempt the question about which you don’t know anything.
Avoid trying hit and guess because if your guess is wrong there is negative marking for wrong answer. If you are confused but sure about 1 option more than 70% than use guessing.
If you are confused for any question, try elimination of the options, which cannot be the answer.
Give more time to easiest question as there may be some trick in the question.
If any question is very complicated and time consuming than take it in last to solve, but tick a mark so that you will remember that you have to attempt the question.
At last take some time to cross check the answer sheet for once as if you have left any mistake.
Good luck for exam.
Check out the previous year paper of CA CPT June 2013
http://www.tcyonline.com/onlinefiles/Generate.php?testids=131706§ion=0&WhichCategory=100669&paidTest=1&EsteemedUser=yes
QUESTION: When adjusted purchase is shown on the debit column of the trial balance, then
1. both opening stock and closing stock do not appear in the trial balance
2. closing stock is shown in the trial balance and not the opening stock
3. opening stock is shown in the trial balance and not the closing stock
4. both opening and closing stock appear in the trial balance
All the enterprises should follow the same method of accounting policies for comparability of accounts is due to _______
1. Conservatism
2. Consistency
3. Matching
4. Going concern
A manufacturing company spent the following amounts on the import and installation of a machine:-
Price of machine – Rs. 50, 000
Freight – Rs. 5000
Insurance premium – Rs. 1050
Replacement of a part damaged in transit, not covered by the insurance policy – Rs. 6000
Based on the given data, Capital Expenditure would be
Rs. 50,000
Rs. 56,050
Rs. 62,050
None of these
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