Question bank · ICAI CA Intermediate

CA Inter P1 Advanced Accounting MCQs with Answers

130 multiple-choice questions for Advanced Accounting, organised chapter by chapter, each with the correct answer and a worked explanation. Accounting Standards (AS), company accounts, amalgamation, buyback and branches — Paper 1 MCQ practice. Read them here, then switch to a timed mock to test yourself under exam pressure.

1. Chapter 1Introduction to Accounting Standards, Framework and Applicability8 MCQs
2. Chapter 2Presentation and Disclosures Based Accounting Standards12 MCQs
3. Chapter 3Assets Based Accounting Standards16 MCQs
4. Chapter 4Liabilities Based Accounting Standards8 MCQs
5. Chapter 5Accounting Standards Based on Items Impacting Financial Statements12 MCQs
6. Chapter 6Revenue Based Accounting Standards8 MCQs
7. Chapter 7Other Accounting Standards (AS 12 and AS 14)8 MCQs
8. Chapter 8Accounting Standards for Consolidated Financial Statements10 MCQs
9. Chapter 9Financial Statements of Companies10 MCQs
10. Chapter 10Buyback of Securities10 MCQs
11. Chapter 11Amalgamation of Companies10 MCQs
12. Chapter 12Internal Reconstruction8 MCQs
13. Chapter 13Accounting for Branches including Foreign Branches10 MCQs