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Test 3: Budget and Budgetary Control

Group 2January 2027 attempt40 marks45 minutesNo negative marking
Marks
40
Time
45 minutes
Questions
20
Scenarios
14
Negative marking
None
Attempt
January 2027
Law basis
ICAI Study Material for CA Intermediate Paper 4: Cost and Management Accounting (relevant for 2027 attempt)
Content as of
2026-11-10

Chapters covered

More tests in this paper

About this test

This chapter-wise practice test covers Chapter 15: Budget and Budgetary Control - Test 3 for CA Intermediate Group 2 students preparing for the January 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 15: Budget and Budgetary Control - Test 3 practice test cover?

This practice test carries 40 marks across 20 questions covering core costing principles, cost accounting standards, formulas, mathematical models, and practical ICAI case scenarios.

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 study material and syllabus apply to these questions?

Questions strictly reflect the official ICAI Study Material for CA Intermediate Paper 4 Cost and Management Accounting for the 2027 examination sessions.

Can I sit this test in both exam and practice modes?

Yes. Practice mode gives immediate answers with mathematical step-by-step workings and trap explanations after each question. Exam mode simulates actual exam conditions with a live timer and issues a downloadable performance certificate.

Practice test by HeyArtha. Not issued by or affiliated with ICAI.