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Thread: CPT Exam Sample Papers

  1. #1
    Join Date
    Dec 2008
    Posts
    30

    CPT Exam Sample Papers

    Is anyone have CPT (Common Proficiency Test) Exam Sample Papers ? i searched as i am giving this exam so i needed that. If any one have that plz provide urgently.

    Thanks

  2. #2
    Join Date
    Oct 2008
    Posts
    15

    Re: CPT Exam Sample Papers

    Here my friend gave me following question

    1. A private company has to provide in it Articles
    A. for prohibiting transfer of its share
    B. for permitting free transfer of its shares
    C. for restricting transfer of its share
    D. for restricting transfer of it capital reserve only

    Answer C

    2. If del-credere commission is allowed for bad debt, consignee will debit the bad debt amount to:
    A. Commission Earned A/C
    B. Consignor A/C
    C. Debtors A/C
    D. General Trading A/C

    Answer A

    3. Bank overdraft as per trial balance is Rs.1,60,000. Bank has allowed the customer to overdrew 80% of the hypothecated value of the stock. Hypothecation of stock has been done by the bank at 80% of the original closing stock value. The amount of closing stock is:
    A. 2,00,000
    B. 2,50,000
    C. 1,02,400
    D. 1,28,000

    Answer B

    4. P & L account is prepared for a period of one year by following
    A. Consistency concept
    B. Conservatism concept
    C. Time period concept
    D. Cost concept

    Answer C

    5. A partnership can be formed only for a legal business.
    A. True
    B. Partly True
    C. False
    D. None

    Answer A

  3. #3
    Join Date
    Jan 2010
    Posts
    1

    idea Re: CPT Exam Sample Papers

    Checkout topCPTcoaching.com to take free and paid model test papers and it has Ask Doubt feature as well which is backed by faculty.

  4. #4
    vegetablevn Guest
    I agreed with you. Any way, your ideal make me thinking about some thing for my project.

    Pls try to keep posting.Tks and best regards

    Apart from that, this link below may be useful

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