Chapter 8: Revenue Based Accounting Standards - Test 1
- Marks
- 40
- Time
- 45 minutes
- Questions
- 20
- Scenarios
- 14
- Negative marking
- None
- Attempt
- May 2027
- Law basis
- Accounting Standards (AS 1 to AS 29) applicable to CA Intermediate, the Companies Act, 2013 and Schedule III Division I (Non-Ind AS) as in the ICAI Study Material for Paper 1 Advanced Accounting for the May 2027 examination attempt.
- Content as of
- 2026-11-09
Chapters covered
- Chapter 8: Revenue Based Accounting Standards (20 Q)
More tests in this paper
- Chapter 8: Revenue Based Accounting Standards - Test 2
40 marks, 45 minutes - Chapter 8: Revenue Based Accounting Standards - Test 3
40 marks, 45 minutes
About this test
This chapter-wise practice test covers Chapter 8: Revenue Based Accounting Standards - Test 1 for CA Intermediate Group 1 students preparing for the May 2027 examination attempt. It carries 40 marks across 20 questions in case scenarios and standalone practical MCQs with a time limit of 45 minutes and no negative marking.
Questions people ask
What does this Chapter 8: Revenue Based Accounting Standards - Test 1 practice test cover?
This practice test carries 40 marks across 20 questions covering practical computations, Accounting Standards application, disclosures, and statutory criteria.
How many questions are there and what is the time limit?
There are 20 questions carrying 2 marks each, giving a maximum score of 40 marks in 45 minutes with no negative marking.
Which accounting standards and study material apply?
Questions strictly reflect the official ICAI Study Material for Paper 1 Advanced Accounting, following applicable Accounting Standards (AS 1 to AS 29) and Schedule III Division I for the 2027 examination sessions.
Is this test affiliated with ICAI?
No. This is an independent practice paper prepared for CA Intermediate students. It is not issued by or affiliated with ICAI.
Practice test by HeyArtha. Not issued by or affiliated with ICAI.