Test 13

This practice test covers Cost and Management Accounting for CA Intermediate Group 2 students preparing for the January 2027 examination attempt. It carries 30 marks across 15 questions in 6 case scenarios with a time limit of 60 minutes and no negative marking.

This practice paper carries 30 marks across 15 questions arranged in 6 case scenarios covering Chapter 5: Activity Based Costing, Chapter 2: Material Cost, Chapter 15: Budgets & Budgetary Control, Chapter 9: Job Costing, Chapter 12: Service Costing, Chapter 14: Marginal Costing. Each scenario presents realistic manufacturing and commercial operational data requiring practical cost computations, variance analysis, and managerial decision criteria.

There are 15 questions carrying 2 marks each, giving a maximum score of 30 marks. The time limit is 60 minutes. There is no negative marking, so an incorrect answer costs nothing.

The questions follow the ICAI Study Material for Paper 4 Cost and Management Accounting (relevant for the January 2027 examination attempt) and Cost Accounting Standards (CAS) issued by ICMAI.

The questions are drawn from Chapter 5: Activity Based Costing, Chapter 2: Material Cost, Chapter 15: Budgets & Budgetary Control, Chapter 9: Job Costing, Chapter 12: Service Costing, Chapter 14: Marginal Costing. They evaluate cost accumulation, overhead apportionment, unit/batch costing, variance analysis, and relevant costing principles.

No. This is an independent practice paper prepared for CA Intermediate students. It is not issued by or affiliated with ICAI. Questions are prepared with AI tools and cross-checked by independent solvers; they are not reviewed by a Chartered Accountant.

In exam mode the test is timed and marked upon final submission, providing your score, tier, and a performance certificate. In practice mode you can review answers, working steps, and citations as you work through the questions.

Every question on the review screen includes a Report a mistake button that allows students to submit feedback directly.