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    CMA Foundation: Fundamentals of Accounting Question Paper Pattern and Important Topics


    PAPER – 2: FUNDAMENTALS OF ACCOUNTING
    Section A: Fundamentals of Financial Accounting (80%)
    Section B: Fundamentals of Cost Accounting (20%)
    1. Accounting Fundamentals 35%
    2. Accounting for Special Transactions 20%
    3. Preparation of Final Accounts 25%
    4. Fundamentals of Cost Accounting 20%

    Section A: Fundamentals of Financial Accounting [80 Marks]
    Section A is divided into two parts.
    First part consists of total 48 short answer type questions which are summarised as follow:
    Type of Questions
    No. of Questions
    Total Marks
    Multiple Choice Questions
    30 Questions
    30x1 = 30
    True or False
    12 Questions
    12x1 = 12
    Match the following
    6 Questions
    6x1 = 6
    Total Marks
    48
    Second part consist of total 32 marks in which you have to attempt 4 questions carrying 8 marks each out of 6 given questions.
    Important Topics for Second Part
    Asked in which exam?
    Depreciation and Machinery account
    June 2017(SLM), Dec 2017 (WDV), June 2018 (SLM)
    Consignments accounts
    June 2017, Dec 2017
    Income and Expenditure account
    June 2017
    Rectification of errors (Journal Entries)
    June 2017, June 2018
    Adjustment entries
    June 2017, June 2018
    Bank reconciliation statement
    June 2017, Dec 2017, June 2018
    Three Column cash book
    Dec 2017
    Effect of adjustments in final accounts
    Dec 2017
    Preparation of final accounts
    Dec 2017, June 2018 (Only B/S),
    Bills of Exchange
    June 2018
    Section B : Fundamentals of Cost Accounting [20 Marks]
    Section A is divided into two parts.
    First part consists of total 12 MCQs questions which are carrying 1 mark each: 12x1=12 Marks
    Second part consist of total 8 marks in which you have to attempt 1 question carrying 8 mark out of  2 questions given.
    Common Topics:
    a) Preparation of cost sheet
    b) Basic Concept of Cost accounting

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