Common Proficiency Test Practice Test

CPT Exam Format | Course Contents | Course Outline | Exam Syllabus | 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 topics 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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https://killexams.com/pass4sure/exam-detail/CPT
Question: 133
Heart rate should be monitored for _________ minute/ mintues reducing
workload.
A. 25 minutes
B. 15 minutes
C. 1 minutes
D. 3 minutes
Answer: C
Question: 134
Benefits of exercise are:
A. Increase in heart rate and respiratory rate
B. Decrease in tissue temperature
C. Increase in psychological preparation for bouts of exercise
D. Decrease tissue size
E. Increase tissue temperature
Answer: A, C, E
Question: 135
CPT codes contain how many numbers?
A. 6
B. 3
C. 4
D. 5
Answer: D
Question: 136
CPT is updated every
A. January
B. October
C. November
D. April
Answer: C
Question: 137
What indicates a new code?
A. Lightening bolt
B. Bullet
C. Bull's eye
D. Triangle
Answer: B
Question: 138
Which appendix contains a list of all modifiers used in CPT?
A. E
B. A
C. F
D. C
Answer: B
Question: 139
The first section in the CPT manual is:
A. Surgery
B. Medicine
C. Evaluation and Management
D. Pathology/Laboratory
Answer: C
Question: 140
This type of code contains a full description of the service and/or procedure.
Answer: stand alone
Question: 141
These codes report emerging technology and are temporary codes used for up to 5
years.
Answer: Category III
Question: 142
Multiple codes are separate by:
Answer: comma
Question: 143
Five-digit alphanumeric codes representing physician and nonphysician services
and supplies not represented in Level I codes are:
Answer: HCPCS
Question: 144
List 3 examples of main terms found in the CPT index:
Answer: tests, services, supplies, orthoses, prostheses, medical equipment, drugs,
therapies.

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Valid and up to date CPT exam Free Exam PDF with Latest Questions

We are highly concerned that the most problematic thing on the web is low-quality and invalid Common Proficiency Test PDF Download that people use and fail the test. We have overcome this problem by making our CPT Study Guide valid, current, and tested. Our ICAI CPT Exam will come up with test questions that reflect the actual CPT exam. Quality, reliability, and incentive for the CPT Exam.

Latest 2024 Updated CPT Real Exam Questions

At killexams.com, we strive to ensure that our clients have a clear understanding of the CPT course structure, syllabus, and objectives in order to pass the ICAI CPT exam. Simply reading the CPT coursebook is not enough. It is essential to learn about complex scenarios and questions that are asked in the actual CPT exam. Therefore, we recommend visiting killexams.com and downloading free CPT PDF sample questions to read. We guarantee that after reviewing our Common Proficiency Test questions, you will be able to register for the full version CPT boot camp at a very reasonable price. This will be your first step towards success in the Common Proficiency Test exam. Additionally, we suggest downloading and installing the CPT VCE exam simulator on your computer. Memorize CPT Free PDF and take regular practice tests using the VCE exam simulator. Once you feel prepared for the actual CPT exam, go to the test center and register for the real exam. Passing the real ICAI CPT exam is not an easy feat to accomplish by solely relying on the CPT coursebook or free Premium Questions and Ans available online. Usually, there are complex scenarios and tricky questions that can confuse the candidate during the CPT exam. In this situation, killexams.com plays a significant role by providing Real CPT PDF Questions information and the VCE exam simulator. To get started, simply download the 100% free CPT Premium Questions and Ans before signing up for the complete version of CPT Real Exam Questions. Once you have reviewed the quality of our Premium Questions and Ans, be sure to take advantage of our special discount coupons. With our resources, you will be able to fully prepare for the CPT exam and pass with high marks.

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CPT Exam

Question: Is my name and email address kept confidential?
Answer: Yes. Killexams privacy policy is very strict. Your name and email address are kept highly confidential. Killexams has no access to your data. Your email is used to communicate with you and your name is used to create a username and password. That's all.
Question: What is difference in PDF and VCE?
Answer: Killexams provide two types of files to study CPT test prep. PDF and VCE files. CPT PDF and VCE use the same pool of questions. These CPT exam questions are taken from actual exam sources, that's why these CPT exam questions are sufficient to read and pass the exam. Our team keep on checking update and keep the CPT questions up to date.
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Question: Can I still pass CPT exam if I do not see exact questions in actual test?
Answer: Yes, you will pass your CPT exam even if exact CPT questions do not appear in your actual CPT test because these questions and answers will greatly improve your knowledge about the various topics of the exam and you will be able to answer all the questions asked in CPT exam.
Question: Is there new CPT exam contents available in PDF?
Answer: Yes, Killexams.com provides CPT question bank of new exam contents and syllabus. You need the latest CPT questions of the new syllabus to pass the CPT exam. These latest CPT test prep are taken from real CPT exam question bank, that's why these CPT exam questions are sufficient to read and pass the exam. Although you can use other sources also for improvement of knowledge like textbooks and other aid material these CPT questions are sufficient to pass the exam.

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