CA Intermediate Cost and Management Accounting - Standard Costing MCQ tests
Chapters covered
- Chapter 13: Standard Costing (125 Q)
Practice tests
- Test 1: Standard Costing
50 marks, 60 minutes, 25 questions - Test 2: Standard Costing
50 marks, 60 minutes, 25 questions - Test 3: Standard Costing
50 marks, 60 minutes, 25 questions - Test 4: Standard Costing
50 marks, 60 minutes, 25 questions - Test 5: Standard Costing
50 marks, 60 minutes, 25 questions
Answer keys
Every question with the correct answer, the working behind it and the authority it rests on.
- Test 1: Standard Costing — answers
25 questions, answers, explanations and the authorities they rest on - Test 2: Standard Costing — answers
25 questions, answers, explanations and the authorities they rest on - Test 3: Standard Costing — answers
25 questions, answers, explanations and the authorities they rest on - Test 4: Standard Costing — answers
25 questions, answers, explanations and the authorities they rest on - Test 5: Standard Costing — answers
25 questions, answers, explanations and the authorities they rest on
About this paper
Chapter-wise practice tests for Chapter 13: Standard Costing of CA Intermediate Paper 4 Cost and Management Accounting. Covers Material variances (cost, price, usage, mix, yield), Labour variances (cost, rate, efficiency, idle time, mix, yield), and Overhead variances (variable & fixed).
Tests here: 5 tests, 125 questions in all, 25 questions in 16 case scenarios in each test, 60 minutes and 50 marks each, no negative marking. After you submit you see your score, a chapter-wise and difficulty-wise breakdown, and an explanation for every question.
Law and standards used: ICAI Study Material for CA Intermediate Paper 4: Cost and Management Accounting (relevant for 2027 attempt).
Questions people ask
What is the pattern of this chapter-wise test series for Standard Costing?
Each test contains 25 questions (3 case scenarios of 4 questions each plus standalone computational and practical MCQs) totaling 50 marks in 60 minutes, strictly based on ICAI New Scheme case scenario patterns with 2 marks per question and no negative marking.
Which study material and syllabus apply to these questions?
The questions follow the official ICAI Study Material for CA Intermediate Paper 4 Cost and Management Accounting, fully aligned with standard costing formulas, marginal costing equations, and CAS standards for the 2027 examination sessions.
Can I sit these tests in both exam and practice modes?
Yes. Practice mode gives immediate answers with detailed statutory citations and traps explained after every question. Exam mode simulates strict exam conditions with timer and issues a downloadable performance certificate upon submission.
Practice test by HeyArtha. Not issued by or affiliated with ICAI.