no.1 for ca/cwa & mec/cec master minds - amazon...
TRANSCRIPT
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Accounts-1____________1
No.1 for CA/CWA & MEC/CEC MASTER MINDS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Accounts-1____________2
Ph: 0863 – 22 42 355 www.gntmasterminds.com
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Accounts-1____________3
No.1 for CA/CWA & MEC/CEC MASTER MINDS
Topic wise analysis of Past Exam papers of IPCC
1. AVERAGE DUE DATE
No. Chapter/Topic Name M-05
TO N-06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. Calculation of Average Due Date
NO
QUESTIONS
GIVEN
2 2 4 8 2 4 4 8 4
2. ACCOUNT CURRENT
No. Chapter/Topic Name M-05 N-05 M-06 N-06 M-07 N-07 M-08 N-08 TO M-12
1. Époque Method 8
NO
QUESTIONS
GIVEN 2. Forward Method
3. Meaning of Red Ink Interest 2 2
4. Short Note on Account Current
5 2
3. STATUTORY REPORT
Till now there are no questions from this chapter in all previous IPCC examinations.
4. PROFIT/LOSS PRIOR TO INCORPORATION
No. Chapter/Topic Name M-05
TO M-09 N-09 M-10 N-10 M-11 N-11 M-12
1. Trading and Profit & Loss account, Balance Sheet
NO
QUESTIONS
GIVEN 6 10 10
5. AMALGAMATION_I
No. Chapter/Topic Name
M-05
TO
M-06
N-
06
M-
07
N-
07
M-08
TO
N-08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. Purchase Method + Goodwill
Calculation
NO QUESTIONS GIVEN
20
NO QUESTIONS GIVEN
16 16
2. Purchase Method + Inter
Company Owings 16
3. Calculation of Goodwill 2
4. Merger Method + Payments
Method 16
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Accounts-1____________4
Ph: 0863 – 22 42 355 www.gntmasterminds.com
5.
Inter Company
Investments + Purchase
Consideration
5 5
6.
Conditions for
Amalgamation in the
nature of Merger
4 4
7. Methods of Accounting 2 2
8. Entry for Unrealized Profit
on Stock 2
9. Types of Amalgamation 5
10. Disclosures to be made in
First Financial Statement
after Amalgamation
4
6. INTERNAL RECONSTRUCTION_ I
No. Chapter/Topic Name
M-05
TO
M-07
N-
07
M-
08
N-
08
M-09
TO
M-11
N-
11
M-
12
1. Journal Entries, Reconstruction A/c,
Balance Sheet
NO QUESTIONS
GIVEN 16 16
NO QUESTIONS
GIVEN 16 16
7. INSURANCE CLAIMS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. Calculation of Claim
and Value of Loss 6 8 2 8 8 8 2 5 10
2. Loss of Profit Policy 4 16
3. Average Clause under
fire Policy 5 2
8. INVESTMENT ACCOUNTS
No. Chapter/Topic Name M-05
TO
N-08
M-09 N-09 M-10 N-10 M-11 N-11 M-12
1. Investment Account
NO
QUESTIONS
GIVEN
8 5 8
2. Calculation of Cost of Investment 2
3. Calculation of Value of Investment 2
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Accounts-1____________5
No.1 for CA/CWA & MEC/CEC MASTER MINDS
4. Investment Account (FIFO) 6
5. Investment Account (Average
Cost) 5
6. Reduction in value of Investment –
Treatment 4 2
7. Journal Entries 2
9. SELF BALANCING LEDGERS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-06
TO
M-07
N-
07
M-
08
N-
08
M-
09
N-09
TO
M-10
N-
10
M-
11
N-
11
M-
12
1. Total Debtors Account
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
8
2. Total Creditors Account
3. Debtors Ledger
Adjustment Account
10
8
4 4
4. General Ledger
Adjustment Account
5. Creditors Ledger
Adjustment Account
6. Note on Sectional
Balancing Ledger 2
7. Self Balancing Ledger
and Advantages 5 5 4
8. Self Vs Sectional
Balancing Ledger 4
10. NON-TRADING CONCERNS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. Receipts & Payments A/c
20
10
16
16 2.
Preparation of Balance
Sheet
20
16
20
16 16
3. Income and Expenditure
Account 8
4.
Receipts and Payments
Account and Income
and Expenditure A/c
5
5. Are Capital items shown in
Receipts & Payments A/c 2
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Accounts-1____________6
Ph: 0863 – 22 42 355 www.gntmasterminds.com
6. Are Revenue items shown
in Income & Expen. A/c 2
7. Treatment for Donation
(Specific Purpose) 4
8. Fund Based Accounting 2
9. Calculation of Cash
Receipts 2
11. ACCOUNTS FROM INCOMPLETE RECORDS
No. Chapter/Topic
Name
M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-11
TO M-12
1. Trading, P & L A/c,
Balance Sheet 16 20 16 16 2 8 8 2 16 16
NO
QUESTIONS
GIVEN
12. PARTNERSHIP ACCOUNTS_I
No. Chapter/Topic Name M-
05
N-
05
M-
06
TO
N-06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. Admission of a Partner
16
NO
QU
ES
TIO
NS
GIV
EN
20 16
2. Retirement of a Partner 20 16
3. Death of a Partner 16
4. Calculation of Profit
Sharing Ratio 2 2 2 2 5
5. Calculation of Goodwill
and Entries 4 2 9 5
6. Provisions of Partnership
Act when Deed is Silent 2 2
7. Profit and Loss
Appropriation Account 8
8. Rights of Retired Partner
in Subsequent profits 4
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Accounts-1____________7
No.1 for CA/CWA & MEC/CEC MASTER MINDS
13. HIRE PURCHASE SYSTEM
No. Chapter/Topic Name M-
05
N-05
TO
N-06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-11
TO
N-11
M-
12
1. Asset Accrual Method
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. Credit Purchase with
Interest Method
3. Interest Suspense Method
4. Repossession of Goods
5. Hire purchase Stock and
Debtors Method 8
6. Hire purchase Trading
Method 16 8 8 10 6
7. Calculation of Cost Price
and Interest 4 2 4
14. CASH FLOW STATEMENTS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-08
TO
N-08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. Cash Flow Statement –
Direct Method 12
NO QUESTIONS GIVEN
8 8 16
2. Cash Flow Statement –
Indirect Method 20 16 16 16 10
3. Difference between Cash
and Funds Flow Statement 4
4. Cash and Cash
Equivalence 4
5. Practical Question 2
15. COMPANY ACCOUNTS
Till now there are no questions from this chapter in all previous IPCC examinations.
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Accounts-1____________8
Ph: 0863 – 22 42 355 www.gntmasterminds.com
16. ACCOUNTING FOR BONUS SHARES
No. Chapter/Topic Name M-05 TO M-10 N-10 M-
11 N-11
M-
12
1. Journal Entries and Balance Sheet NO QUESTIONS GIVEN 12 8
17. COMPANY FINAL ACCOUNTS
No. Chapter/Topic Name M-05
TO
N-07
M-08 N-08 M-09 N-09
M-10
TO
M-11
N-11 M-12
1. Profit and Loss Account
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. Balance Sheet
3. Managerial Remuneration –
Adequate Profits 2 4
4. Managerial Remuneration –
Inadequate Profits 2 5
5. Reasons for decrease or Increase
in GP percentage 2
6. Basic Characteristics of Private Ltd.
Company 2
7. Calculation of Sales Value 2
8. Entry for Provision for Bad debts 2
9. Profit and Loss Appropriation Account 8
10. Calculation of Divisible Profits 2
11. Calculation of Corporate Dividend Tax 4
18. ACCOUNTS IN COMPUTERISED ENVIRONMENT
No. Chapter/Topic Name M-05
TO
N-06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. Advantages of Outsourcing
Accounting Functions
NO QUESTIONS GIVEN
4 4
2. Disadvantages of Outsourcing
Accounting Functions
3. Factors for Pre-packaged
Accounting Software 4 4 6
4. Advantages of Customized
Accounting Package 4 4
5. Disadvantages of Customized
Accounting Package
6. Advantages and
Disadvantages of ERP 4 4
7. Advantages and
Disadvantages of Pre-Package 4 4
8. Importance of Computerized
Accounting System 4
THE END
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______9
No.1 for CA/CWA & MEC/CEC MASTER MINDS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______10
Ph: 0863 – 22 42 355 www.gntmasterminds.com
Topic wise analysis of Past Exam papers of IPCC
1. COMPANY BASIC CONCEPTS
No. Chapter/Topic Name M-05 TO
N-08 M-09 N-09 M-10 N-10 M-11 N-11 M-12
1. COMPANY & ITS FEATURES
NO
QUESTIONS
GIVEN
5 1
2. CONCEPT OF SEPARATE LEGAL
ENTITY
3. LIFTING OF CORPORATE VEIL 5 1
4. REDUCTION OF MEMBERS SEC-45 5
2. CLASSES OF COMPANIES
No. Chapter/Topic Name M-05
TO
N-06
M-
07
N-
07
M-
08
N-
08
M-09
TO
N-10
M-
11
N-
11
M-
12
1. CHARTERED COMPANY
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. STATUTORY COMPANY
3. REGISTERED COMPANY
4. BODY CORPORATE
5. PRIVATE COMPANY 1 1
6. PUBLIC COMPANY
7. HOLDING AND SUBSIDIARY COPANY
8. GOVERNMENT COMPANY
9. FOREIGN COMPANY
10. INVESTMENT COMPANY
11. FINANCE COMPANY
12. SEC-25 COMPANIES 5 5
13. COMPANY LIMITED BY SHARES
14. COMPANY LIMITED BY GUARANTEE
15. UNLIMITED COMPANIES
16. CONVERSION OF PRIVATE CO. INTO
PUBLIC CO. 5 5 8
17. PROCEDURE FOR CONVERSION OF
PRIVATE COMPANY INTO PUBLIC
COMPANY
18. PROCEDURE FOR CONVERSION OF
PUBLIC COMPANY INTO PRIVATE
COMPANY
1
19. PRIVILAGES & EXEMPTIONS TO PRIVATE
COMPANY
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______11
No.1 for CA/CWA & MEC/CEC MASTER MINDS
3. INCORPORATION OF A COMPANY
No. Chapter/Topic Name M-05
TO
N-05
M-
06
N-
06
M-
07
N-
07
M-
08
N-08
TO
M-09
N-
09
M-10
TO
N-10
M-
11
N-
11
M-
12
1.
PROCEDURE FOR
INCORPORATION OF A
COMPANY
NO QUESTIONS
GIVEN
5 5 1
NO QUESTIONS
GIVEN
NO QUESTIONS
GIVEN
4
2. COI-CONCLUSIVE EVIDENCE
3.
CERTIFICATE OF
COMMENCEMENT OF
BUSINESS
5 4
4. MEMORANDUM & ARTICLES OF ASSOCIATION
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. MEMORANDUM OF
ASSOCIATION
2. ARTICLES OF
ASSOCIATION 5 1 10 1 1
3. ALTERATION OF MOA
4. ALTERATION OF AOA
5. MOA VS. AOA
6. EFFECT OF MOA & AOA
7. DOCTRINE OF
CONSTRUCTIVE NOTICE
8.
DOCTRINE OF
ULTRAVIRES &
EXCEPTIONS
1
9. DOCTRINE OF INDOOR
MANAGEMENT 5 8
10. NAME CLAUSE & ITS
ALTERATION 5 5 5 8
11. SITUATION CLAUSE & ITS
ALTERATION 5 5 4
12. OBJECTS CLAUSE & ITS
ALTERATION 5 5 5
13. LIABILITY CLAUSE & ITS
ALTERATION 4
14. CAPITAL CLAUSE & ITS
ALTERATION
15. ASSOCIATION CLAUSE &
ITS ALTERATION
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______12
Ph: 0863 – 22 42 355 www.gntmasterminds.com
5. PROMOTERS AND CONTRACTS
No. Chapter/Topic Name M-05
TO
N-06
M-
07
N-
07
M-08
TO
M-09
N-
09
M-
10
N-10
TO
M-11
N-
11
M-
12
1. PROMOTER
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. DUTIES OF PROMOTOR
3. REMUNERATION OF PROMOTOR
4. REMEDIES – AGAINST SECRET PROFIT
5. PRELIMINARY CONTRACTS 5 1 4
6. PROVISIONAL CONTRACTS 1
7. NCLT & ITS CONSTITUTION 5
6. PROSPECTUS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-07
TO
N-07
M-
08
N-
08
M-
09
N-
09
M-10
TO
N-10
M-
11
N-
11
M-
12
1. PROSPECTUS
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. WHEN PROSPECTUS NEED
NOT BE ISSUED 4
3.
REQUIREMENTS FOR
REGISTRATION &
PROSPECTUS ISSUE
4. MATTERS IN PROSPECTUS
5. ABRIDGED PROSPECTUS 5
6. GUIDELINES BY SEBI TO
ISSUE PROSPECTUS
7. REMEDIES-AGAINST
MISLEADING PROSPECTUS 5 5 4
8. DIRECTORS / EXPERTS
ENTITLED TO INDEMNITY
9. IMMUNITY TO THE
DIRECTOR
10. STATEMENT IN LIEU OF
PROSPECTUS 1
11. DEEMED PROSPECTUS
12. SHELF PROSPECTUS 5 5 1
13. REDHERRING PROSPECTUS 5
14. INFORMATION
MEMORANDUM 5
15. EXPERTS & THEIR
LIABILITIES 5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______13
No.1 for CA/CWA & MEC/CEC MASTER MINDS
7. ALLOTMENT OF SHARES & UNDERWRITING
No. Chapter/Topic Name M-
05
N-
05
M-06
TO
M-08
N-
08
M-09
TO
N-09
M-
10
N-
10
M-11
TO
M-12
1. RESTRICTIONS IMPOSED ON ALLOTMENT
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN 2. LISTING OF SHARES ON STOCK EXCHANGE
3. IRREGULAR ALLOTMENT
4. UNDERWRITING 5 1 8
5. UNDERWRITERS VS. BROKERS
6. SPECIFIED TIME FOR OPENING
SUBSCRIPTION LIST
7. PROVISIONS & MAIN CONTENTS OF
RETURN OF ALLOTMENT
8. MINIMUM SUBSCRIPTION 5 1 1
8. DEPOSITS
No. Chapter/Topic Name M-05 TO M-12
1. DEPOSITS
NO QUESTIONS
GIVEN
2. TERMS & CONDITIONS FOR ISSUE OF DEPOSIT
3. PROTECTION OF INTEREST OF DEPOSITORS
4. CONSEQUENCES IF COMPANY FAILS TO REPAY DEPOSITS
5. SMALL DEPOSITORS
9. MEMBERSHIP
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-07
TO
M-10
N-
10
M-
11
N-
11
M-
12
1. WAYS OF PERSON BECOMING
MEMBER
NO QUESTIONS GIVEN
1
2. MEMBER AND SHAREHOLDER 5 4
3. WHEN MEMBERSHIP CEASES
4. RIGHTS OF MEMBERS
5. LIABILITIES & DUTIES OF MEMBER 5
6. CAN A MINOR BECOME MEMBER 1 5 8
7. SPECIAL CASES-ELIGIBILITY OF
MEMBERSHIP
8. MEMBER VS. CONTRIBUTORY
9. PROVISIONS RELATING TO JOINT
HOLDERS
10. SUBSIDIARY BECOMING A HOLDING
CO-MEMBER
11. REGISTER OF MEMBERS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______14
Ph: 0863 – 22 42 355 www.gntmasterminds.com
10. SHARE CAPITAL
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-09
TO
M-10
N-
10
M-
11
N-
11
M-
12
1. TYPES OF CAPITAL 1
NO QUESTIONS GIVEN
2. KINDS OF SHARE CAPITAL
3. EQUITY VS. PREFERENCE
SHARES 5
4. MEANINGS & TYPES OF
PREFERENCE SHARES 1
5.
CONDITION FOR
REDEMPTION OF
PREFERENCE SHARES
6.
SHARES ISSUED FOR
CONSIDERATION OTHER
THAN CASH
5
7. ISSUE OF SHARES AT
PREMIUM 1 8
8. ISSUE OF SHARES AT
DISCOUNT
9. SWEAT EQUITY SHARES 5 5 4
10. VOTING RIGHTS OF
MEMBERS 1
11. VARIATION OF
SHAREHOLDERS RIGHTS
12. ALTERATION OF SHARE
CAPITAL
13. CONVERSION OF SHARES
INTO STOCK
14. RIGHT SHARES 1
15. ISSUE OF RIGHT SHARES
TO OUTSIDERS
16. CONVERSION OF
DEBENTURES INTO
SHARES
5
17. REDUCTION OF CAPITAL
18. REDUCTION VS.
DIMINUTION 5
19. BUY BACK OF SHARES 5 5 5 1
20. UTILISATION OF AMOUNT
IN SECURITIES PREMIUM
ACCOUNT
5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______15
No.1 for CA/CWA & MEC/CEC MASTER MINDS
11. SHARE CERTIFICATE & WARRANT
No. Chapter/Topic Name M-
05
N-
05
M-06
TO
M-07
N-
07
M-08
TO
N-08
M-
09
N-09
TO
M-11
N-
11
M-
12
1. SHARE CERTIFICATE & TIME LIMIT
NO QUESTIONS GIVEN
2
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. FORM, CONTENTS OF SHARE
CERTIFICATE
3. IMPLICATIONS OF SHARE CERTIFICATE
4. CG ISSUE OF SHARE CERTIFICATE 5
5. ISSUE OF SHARE WARRANTS 1
6. SHARE CERTIFICATE VS. SHARE
WARRANT 5 1
7. PENALTY FOR IMPERSONATION AS
SHARE HOLDER
12. CALLS & FORFEITURE / SURRENDER OF SHARES
No. Chapter/Topic Name M-05 N-05 M-06 TO M-12
1. RULES FOR MAKING CALL ON SHARES
NO QUESTIONS
GIVEN
2. CALLS IN ADVANCE 5
3. FORFEITURE & PROCEDURE OF IT
4. PROCEDURE FOR REISSUE OF FORFEITED SHARES
5. FORFEITURE VS. LIEN
6. SURRENDER OF SHARES
13. TRANSFER & TRANSMISSION OF SHARES
No. Chapter/Topic Name M-05
TO
N-05
M-06
N-06
TO
M-09
N-09
M-10
TO
M-12
1. MEANING & PROCEDURE FOR TRANSFER
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN 2. REGISTRATION OF TRANSFER OF SHARES 1
3. BLANK TRANSFER
4. FORGED TRANSFER 5
5. TRANSFER VS. TRANSMISSION 5
6. CERTIFICATION OF TRANSFER
7. NOMINATION FACILITY IN RESPECT OF SHARES
8. NOMINATION FACILITY - TRANSMISSION
9. PROCEDURE TO BE FOLLOWED BY NOMINEE
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______16
Ph: 0863 – 22 42 355 www.gntmasterminds.com
14. DEBENTURES
No. Chapter/Topic Name M-05 TO
N-09 M-10
N-10 TO
M-12
1. DEBENTURE CERTIFICATE & TIME LIMIT
NO
QUESTIONS
GIVEN
NO
QUESTIONS
GIVEN
2. DEBENTURE VS. SHARE
3. TYPES OF DEBENTURES
4. FCD VS. PCD
5. POWERS OF REISSUE OF REDEEMED DEBENTURES
6. PARIPASSU CLAUSE IN DEBENTURES
7. APPOINTMENT & DUTIES OF DEBENTURE TRUSTEES
8. CREATION OF SECURITY & DRR
9. MISCELLANEOUS PROVISIONS (VOTING RIGHTS) 1
15. CHARGE
No. Chapter/Topic Name M-05 N-05
M-06
TO
N-07
M-08
N-08
TO
N-11
M-12
1. CHARGE & TYPES OF CHARGES
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. FLOATING CHARGE 4
3. FIXED CHARGE VS. FLOATING CHARGE
4. TYPES OF CHARGES TO BE REGISTERED WITH ROC
5. CONSEQUENCES OF NON-REGISTRATION
6. DEFAULT IN FILLING WITH ROC
7. MODIFICATION OF CHARGE
8. SATISFACTION OF CHARGE
9. REGISTER OF CHARGES
10. TIME LIMIT, SECOND CHARGE
11. PROCEDURE AS TO REGISTRATION OF CHARGE 5 5
16. GENERAL MEETINGS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-11
TO
N-11
M-
12
1. STATUTORY MEETING 5 1 1
NO QUESTIONS
GIVEN
2. AGM 5 5 5 5 5 1 1 4
3. EGM 5 1
4. NOTICE 5 10 1 5
5. QUORUM 5 1 1
6. VOTING (OR) SENSE OF
MEETING 10 5 5 5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______17
No.1 for CA/CWA & MEC/CEC MASTER MINDS
7. POLL
8. PROXIES 1 5 5
9. MINUTES 5 5 8
10. POSTAL BALLOT 5
11. ORDINARY AND SPECIAL
RESOLUTIONS 5 1 1 1
12. RIGHTS OF SHAREHOLDER’S
TO USE COMAPANY’S
PROPERTY
13. BENAMI SHARE HOLDING
14. REPRESENTATION OF
PRESIDENT & GOVERNER 5
15. DIVIDEND DECLARATION 5
17. MISCELLANEOUS MATTERS IN COMPANY LAW
No. Chapter/Topic Name M-05
TO
N-06
M-07
N-07
TO
M-09
N-09 M-10
N-10
TO
M-12
1. ILLEGAL ASSOCIATION
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN 5
NO QUESTIONS GIVEN
2. COMPANY’S INVESTMENT HELD IN OTHER NAMES
3. SERVICE OF DOCUEMENTS ON A COMPANY
4. RELATIVE-DEFINITION
5. DIVIDEND RULES
6. E-FILLING 5
7. MCA - 21/E - GOVERNANCE 5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______18
Ph: 0863 – 22 42 355 www.gntmasterminds.com
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______19
No.1 for CA/CWA & MEC/CEC MASTER MINDS
Chapter wise analysis of Past Exam papers of IPCC for Contract Act
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. MEANING & NATURE OF CONTRACT 4 1 1
2. OFFER & ACCEPTANCE 5 1 5
3. LEGAL OBJECT & CONSIDERATION 6 1 5 8
4. CAPACITY TO CONTRACT 5 1 1 2
5. FREE CONSENT 6 8
6. VOID AGREEMENTS, CONTINGENTS
& QUASI CONTRACTS 1 2 6 1
7. PERFORMANCE OF CONTRACT 4 5 5 1 6 2 1 1 1 5
8. DISCHARGE OF CONTRACT 5
9. REMEDIES FOR BREACH OF CONTRACT 6 5 5 5 1
Topic wise analysis of Past Exam papers of IPCC
10. BAILMENT AND PLEDGE
No. Chapter/Topic Name M-
05
N-05
TO
N-06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-10
TO
N-10
M-
11
N-11
TO
M-12
1. CONTRACT OF BAILMENT
NO QUESTIONS GIVEN
1
NO QUESTIONS GIVEN
1
NO QUESTIONS GIVEN
2. RIGHTS & DUTIES OF BAILOR 4
3. RIGHTS & DUTIES OF BAILEE
4. BAILEE’S RIGHT OF LIEN
5. BAILMENT – TERMINATION
6. PLEDGE OR PAWN 1 1 5
7. RIGHTS & DUTIES OF PAWN
OR PAWNEE 1
8. PLEDGE BY NON-OWNERS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______20
Ph: 0863 – 22 42 355 www.gntmasterminds.com
11. INDEMNITY AND GUARANTEE
No. Chapter/Topic Name
M-05
TO
N-05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-11
TO
M-12
1. CONTRACT OF INDEMNITY
NO QUESTIONS GIVEN
1 1
NO QUESTIONS GIVEN
2. CONTRACT OF GUARANTEE
& FEATURES 1 1
3. SPECIFIC & CONTINUING
GUARANTEE 5
4. NATURE & EXTENT OF
SURETY’S LIABILITY 5 1
5. RIGHTS OF SURETY 1
6. DISCHARGE OF SURETY 5
12. CONTRACT OF AGENCY
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-07
TO
N-07
M-
08
N-08
TO
M-09
N-
09
M-
10
N-
10
M-
11
N-11
TO
M-12
1. CONTRACT OF AGENCY &
ITS FEATURES
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
1 1 1
NO QUESTIONS GIVEN
2. AGENCY BY RATIFICATION 5 2
3.
LIMITATIONS TO
DOCTRINE OF
RATIFICATION
4. EXTENT OF AGENT’S
AUTHORITY 6
5. A DELEGATEE CAN’T
FURTHER DELEGATE
6. DUTIES OF AGENT
7. RIGHTS OF AGENT
8. RIGHTS & DUTIES OF
PRINCIPAL 10 5
9. SUBSTITUTED AGENT
10. POSITION OF NAMED
PRINCIPAL
11. POSITION OF UNNAMED
PRINCIPAL
12. POSITION OF AGENT
13. AGENCY – TERMINATION
14. IRREVOCABLE AGENCY
15. UNDISCLOSED PRINCIPAL
– POSITION
16. PRETENDED AGENT
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______21
No.1 for CA/CWA & MEC/CEC MASTER MINDS
13. PAYMENT OF BONUS ACT, 1965
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. APPLICABILITY OF THE ACT
2. EMPLOYEES EXCLUDED
FROM THE ACT
3. PERSONS ENTITLED & NOT
ENTITLED TO BONUS 5 5 5 5 5 8
4. AVAILABLE SURPLUS
5. GROSS PROFIT &
DEDUCTIONS
6. DEDUCTION ALLOWED
UNDER 3RD SCHEDULE
7. AVAILABLE & ALLOCABLE
SURPLUS
8. CALCULATION OF NO. OF
WORKING DAYS 5
9. DEDUCTION FROM BONUS
BY EMPLOYER
10. TIME LIMIT FOR PAYMENT
OF BONUS 5 8 4
11. MINIMUM & MAXIMUM
BONUS 6 5 5 4
12. SET ON & SET OFF OF
ALLOCABLE SURPLUS 6
13. APPOINTMENT & POWERS
OF INSPECTORS
14. ACT APPLICABLE TO
ESTABLISHMENT IN PUBLIC SECTOR 4
15. BONUS LINKED WITH
PRODUCTIVITY 1
16. PAYMENT OF BONUS BY
NEW ESTABLISHMENTS
17. RELIABILITY OF FINANCIAL
STATEMENTS
18. OFFENCES & PENAL
PROVISIONS
19. EXEMPTION FROM
PAYMENT 5
20. ACCOUNTING YEAR –
DEFINITION 4
21. SALARY – DEFINITION 5
22. ESTABLISHMENT &
UNITWISE CALCULATION
OF BONUS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______22
Ph: 0863 – 22 42 355 www.gntmasterminds.com
14. PAYMENT OF GRATUITY ACT, 1972
No. Chapter/Topic Name
M-05
TO
N-06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. MEANING OF GRATUITY &
BENEFITS
NO QUESTION S GIVEN
2. ESTABLISHMENTS COVERED
3. EXEMPTION OF
ESTABLISHMENTS
4. ELIGIBILITY & PAYMENT OF
GRATUITY 5 5 8 4
5. COMPUTATION OF
GRATUITY AMOUNT 5 8
6. CONTINUOUS SERVICE
7. EMPLOYEE – DEFINITION
8. EMPLOYER – DEFINITION
9. WAGES – DEFINITION
10. APPLICATION FOR PAYMENT
OF GRATUITY
11. REDUCTION & FORFEITURE
OF GRATUITY 5 5
12. COMPULSORY INSURANCE
13. NOMINATION FOR GRATUITY
14. PROVISIONS – DISPUTES AS
TO GRATUITY 5 4
15. POWERS OF INSPECTORS
16. APPLICATION TO
CONTROLLING AUTHORITY
FOR DIRECTION
5
17. PENALTIES
18. CERTAIN DUTIES OF
EMPLOYER
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______23
No.1 for CA/CWA & MEC/CEC MASTER MINDS
15. THE EMPLOYEES PROVIDENT FUND & MISCELLANEOUS PROVISIONS ACT, 1952
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. APPLICABILITY OF EPF ACT
2. NON-APPLICABILITY OF EPF ACT
3. DEFINITIONS 4 5 4
4. EPF SCHEME & ITS
FEATURES 4 5 5 5
5. FAMILY PENSION SCHEME 5
6. EMPLOYEES DEPOSIT LINKED
INSURANCE SCHEME 4
7. EXEMPTION FROM
APPLICABILITY
8. CENTRAL BOARD OF
TRUSTEES 4
9. EXECUTIVE COMMITTEE 6 5
10. POWERS OF COMMISSIONER
(MONEY DUE)
11. ESCAPED AMOUNT
12. RECOVERY OF MONEY DUE 4
13. PROTECTION AGAINST
ATTACHMENT OF EPF 5 5
14. CHANGE OF EMPLOYER –
CONSEQUENCES 5
15. SALE OF ESTABLISHMENTS –
CONSEQUENCES 5
16. NOMINATION,
WITHDRAWAL & PAYMENT
17. APPOINTMENT OF
INSPECTORS
18. APELLATE TRIBUNAL 5
19. AUTHORISATION OF
CERTAIN EMPLOYERS TO
MAINTAIN PF ACCOUNT
6
20. PENALTY PROVISIONS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______24
Ph: 0863 – 22 42 355 www.gntmasterminds.com
16. NEGOTIABLE INSTRUMENTS ACT, 1881
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. NEGOTIABLE INSTRUMENT 1 1 1
2. CHARACTERISTICS OF N.I
3. PRESUMPTIONS AS TO N.I
4. PROMISSORY NOTE 4 1 1 8
5. BILL OF EXCHANGE 6 5 8 8
6. TYPES OF BILLS OF EXCHANGE 5
7. TYPES OF NEGOTIABLE
INSTRUMENTS
8. MATURITY & GRACE DAYS 5
9. PAYMENT IN DUE COURSE
10. CHEQUE & ITS ESSENTIAL FEATURES 5
11. TYPES OF CROSSINGS 4 5 5 1
12. CONDITIONS FOR HOLDER 1
13. HOLDER IN DUE COURSE 6 5 1
14. HOLDER VS. HOLDER IN DUE COURSE
15. MODES OF TRANSFERING N.I
16. NEGOTIATION VS. ASSIGNMENT 5
17. ENDORSEMENT 5 5
18. MATERIAL ALTERATION 5 5
19. INSTRUMENTS OBTAINING BY
UNLAWFUL MEANS
20. PRSENTMENT
21. PRESENTMENT OF A BILL FOR
ACCEPTANCE
22. PRESENTMENT FOR SIGHT
23. PRESENTMENT FOR PAYMENT 5
24. RULES FOR NOTICE OF
DISHONOUR
25. NOTING & PROTESTING
26. WHEN N.I GETS DISCHARGED
27. WHEN PARTIES GET DISCHARGED
28. BANKER & CUSTOMER – RELATION
29. CLEARING HOUSE
30. ELECTRONIC & TRUNCATED CHEQUES
31. STALE CHEQUES
32. BANKER REFUSES PAYMENT OF
CHEQUE 6 5 8
33. LIABILITY OF BANKER – FOR
WRONGFUL DISHONOUR
34. OFFENCES / BOUNCING OF CHEQUE
35. ALLONGE
36. LIABILITY OF VARIOUS PARTIES
37. DISHONOUR BY NON-
ACCEPTANCE VS. NON-PAYMENT
38. OBLIGATIONS OF THE DRAWER OF
A CHEQUE
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______25
No.1 for CA/CWA & MEC/CEC MASTER MINDS
Chapter wise analysis of Past Exam papers of IPCC in the
subject of BUSINESS ETHICS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. BASIC PRINCIPLES OF
ETHICS & BUSINESS
ETHICS
2.5 10 5 7.5 2.5 6 6.5
2. CORPORATE
GOVERNANCE & CSR 8 5 5 10 7.5 5 5 7.5 4 2 4 4
3. ETHICS IN WORK
PLACE 5 2.5 7.5 7.5 8 14 4 9
4. ENVIRONMENT &
ETHICS 5 5 2.5 10 2.5 7.5 2 4 2.5 4
5.
ETHICS IN
MARKETING &
CONSUMER
PROTECTION
7 7 7 7 7.5 2.5 7.5 2.5 2.5 5 4 4 4
6. ETHICS IN
ACCOUNTING AND
FINANCE
5 7.5 7.5 5 5 5 4 8 4
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______26
Ph: 0863 – 22 42 355 www.gntmasterminds.com
Topic wise analysis of Past Exam papers of IPCC
1. PRINCIPLES OF BUSINESS ETHICS
No. Chapter/Topic Name
M-05
TO
N-06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. ETHICS
NO QUESTIONS GIVEN
2. ORIGIN OF ETHICS 2
3. SOCIAL SINS LISTED BY
GANDHIJI 2.5 4
4. ETHICS & MORALS 2.5 2.5 4
5. IS ETHICS SAME AS
RELIGION?
6. ETHICS & LAW
7. GOLDEN RULE OF ETHICS
8. PRINCIPLES OF ETHICS –
CONSTANT
9. BRANCHES & NATURE OF
ETHICS
10. IDENTIFICATION OF
ETHICAL STANDARDS
11. SOURCES OF ETHICAL
STANDARDS
12. BUSINESS ETHICS & ITS
NEED 7.5 5 5 2.5
13. ETHICAL DELEMMAS
14. ETHICAL PRACTICES 2.5
15. EFFORTS OF GOVT.TO
ENSURE ETHICAL
BEHAVIOUR
16. INSTITUTIONALISING
BUSINESS ETHICS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______27
No.1 for CA/CWA & MEC/CEC MASTER MINDS
2. CORPORATE GOVERNANCE & CSR
No. Chapter/Topic Name
M-05
TO
M-06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. STAKE HOLDERS
NO QUESTIONS GIVEN
5 2
2. CORPORATE GOVERNANCE
& IMPORTANCE
3. HISTORICAL BACKGROUND
OF CG
4. CHARACTERISTIC FEATURES
OF GOOD CG. 5 5
5. BENEFITS OF CG
6. CLAUSE 49 OF LISTING
AGREEMENT
7. ROLE OF AUDIT COMMITTEE
IN CG 5 4
8. CSR AND ITS ORIGIN 2.5 4
9. KEY DEVELOPMENTS OF CSR 4
10. NEED AND BENEFITS OF CSR 8 5 5 5
11. IMPLEMENTATION OF CSR
12. VARIOUS EXTERNAL
STANDARDS – CSR
13. CORPORATE CITIZENSHIP &
BENEFITS
14. ACTIVITIES TO PROMOTE
CSR
15. CSR MINIMISE ECOLOGICAL
DAMAGE 5
16. GOVERNANCE
ACCOUNTABLE SOLELY TO
INVESTORS
2.5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______28
Ph: 0863 – 22 42 355 www.gntmasterminds.com
3. ETHICS IN WORK PLACE
No. Chapter/Topic Name
M-05
TO
N-06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. WORK PLACE ETHICS
NO QUESTIONS GIVEN
2. IMPORTANCE OF ETHICAL
BEHAVIOUR 2.5 5 2 5
3. FACTORS INFLUENCING
ETHICAL BEHAVIOUR
4. REASONS FOR ETHICAL
DILEMMAS
5. ETHICAL ISSUES FACED BY AN
INDIVIDUAL 5 2.5 4
6. EMPLOYMENT
DISCRIMINATION 8 4
7. EMPLOYMENT
DISCRIMINATION PRACTICES
8. PROMOTION POLICIES 2.5
9. HARASSMENT 4
10. SEXUAL HARASSMENT 4
11. OCCUPATIONAL SAFETY &
HEALTH IN FACTORIES ACT
12. GUIDELINES FOR MANAGING
ETHICS 5 4
4. ENVIRONMENT & ETHICS
No. Chapter/Topic Name
M-05
TO
N-06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. SUSTAINABLE DEVELOPMENT
NO QUESTIONS GIVEN
5 2 2.5
2. MAIN FORMS OF POLLUTION 2.5
3. GLOBAL WARNING
4. OZONE DEPLETION 2.5
5. ACID RAIN
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______29
No.1 for CA/CWA & MEC/CEC MASTER MINDS
6. ECOLOGICAL ETHICS 2.5 4
7. CONSERVATION OF NATURAL
RESOURCES
8. ENVIRONMENT ETHICS 5 2.5
9. ECO-FRIENDLY BUSINESS
PRACTICES 5
10. GREEN ACCOUNTING SYSTEM 5 4
11. GOOD ENVIRONMENTAL
PRACTICE IMPROVES
CORPORATE PERFOMANCE
2.5
5. ETHICS IN MARKETING & CONSUMER PROTECTION
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. ETHICS & MARKETING
2. CONSUMER AND
PUBLIC INTEREST 2.5 2.5
3. CONSUMER INTEREST
VS.PUBLIC INTEREST
4. ETHICAL BEHAVIOUR IN
MARKETING 2.5 7.5 5 4
5. COMPETITION
6. COMPETITION POLICY
& LAW 4
7. COMPETITION AND
CONSUMER WELFARE
8. COMPETITION LAW IN
UK & US
9. OBJECTIVES OF
COMPETITION ACT
2002
7 7 7 7 2.5
10. MAIN INGREDIENTS OF
COMPETITION ACT
11. CONSUMER 2.5 2.5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______30
Ph: 0863 – 22 42 355 www.gntmasterminds.com
12. INITIATIVES BY “UN”
TOWARDS CONSUMER
WELFARE
13. CONSUMER
PROTECTION COUNCIL 4
14. OBJECTIVES OF
CENTRAL CONSUMER
PROTECTION COUNCIL
6. ETHICS IN ACCOUNTING & FINANCE
No. Chapter/Topic Name M-05
TO
N-06
M-
07 N-07
M-
08
N-
08
M-
09
N-09
TO
M-10
N-
10
M-
11
N-
11
M-
12
1. IMPORTANCE OF ETHICS-
FINANCE & ACCOUNTING
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
4
2. ETHICAL DILEMMA-FINANCE
& ACCOUNTING
3. ETHICAL CONFLICTS-
FINANCE & ACCOUNTING 5
4.
ASPECTS-ETHICAL
ACCOUNTING
ENVIRONMENT
2.5
5. UNETHICAL BEHAVIOUR –
REASONS 2.5 5
6. FUNDAMENTAL PRINCIPLES
OF ETHICS 4 4
7. VARIOUS THREATS 5 5 4
8. EXAMPLES FOR SELF-
INTEREST 5
9. EXAMPLES FOR SELF-
REVIEW THREATS
10. EXAMPLES FOR ADVOCACY
THREATS
11. EXAMPLES FOR FAMILIARITY
THREATS
12. EXAMPLES FOR
INTIMIDATION THREATS
13. SAFE GUARDS TO
OVERCOME THREATS
14. ETHICAL CONFLICTS
RESDUTION 5
15. PRACTICAL QUESTION
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______31
No.1 for CA/CWA & MEC/CEC MASTER MINDS
Chapter wise analysis of Past Exam papers of IPCC in the
subject of BUSINESS COMMUNICATION
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. ESSENTIALS OF
COMMUNICATION 13 12 14 20 5 10 5 5 5 8 12 12 9
2. INTERPERSONAL
COMMINICATION SKILLS 5 5 5 5 4 8 4 4
3. GROUP DYNAMICS 5 5 5 8 8
4. CORPORATE CULTURE 2 4
5. COMMUNICATION
ETHICS 5 4
6.
COMMUNICATION IN
BUSINESS
ENVIRONMENT
11 10 3 10 5 5 10 10 5 10 5 4
7. LEGAL DEEDS 10 5 5 5 10 5 10 8 8
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______32
Ph: 0863 – 22 42 355 www.gntmasterminds.com
Topic wise analysis of Past Exam papers of IPCC
1. ESSENTIALS OF COMMUNICATION
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. COMMUNICATIONS & ITS
IMPORTANCE 2 1 1
2. CHARACTERISTICS OF
COMMUNICATION
3. NEED FOR
COMMUNICATION 4
4. FACTORS RESPONSIBLE -
IMPORTANCE OF
COMMUNICATION
1 1 5
5. PROCESS OF
COMMUNICATION 1 1 5
6. INTERNAL & EXTERNAL
COMMUNICATION
7. DIFFERENT DIMENSIONS
8. FORMAL CHANNELS OF
COMMUNICATION 5 4
9. INFORMAL CHANNELS OF
COMMUNICATION
10. GRAPEVINE CHAINS -
TYPES, FUNCTIONS 5 4
11. INFORMAL ALONG WITH
FORMAL COMMUNICATION
12. GRAPEVINE –
ADVANTAGEOUS OR NOT 1 5
13. INTERDEPARTMENTAL
COMMUNICATION 1 1
14. DIFFERENT MEANS OF
COMMUNICATION
15. DIFFERENT TYPES OF
COMMUNICATION 1
16. VERBAL
COMMUNICATION 2
17. ORAL COMMUNICATION 4
18. WRITTEN
COMMUNICATION AND
ITS IMPORTANCE
5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______33
No.1 for CA/CWA & MEC/CEC MASTER MINDS
19. WRITTEN
COMMUNICATAION -
LIMITATIONS
1
20. ORAL VS. WRITTEN
COMMUNICATION 4
21. REQUIREMENTS OF
EFFECTIVE WRITTEN
COMMUNICATION
1
22. NON – VERBAL CUES
23. NON – VERBAL
COMMUNICATION OF SIGN
LANGUAGE
4
24. AUDIO – VISUAL
COMMUNICATION
25. BODY LANGUAGE /
KINESICS
26. PARA LANGUAGE
27. ADVANTAGES OF PARA
LANGUAGE
28. PHYSICAL DISTANCE
BETWEEN INDIVIDUALS 2
29. TIME IS MONEY
30. COMMUNICATION
PROCESS 5 1 1 3
31. BARRIERS TO
COMMUNICATION 2 6 5 4 4 5
32. TOUCH SENDS MANY
MESSAGES
33. SILENCE - WAY OF
COMMUNICATION 1 1
34. PRINCIPLES OF WRITTEN
COMMUNICATION
35. PARTS OF BUSINESS
LETTER 4
36. LAYOUTS OF LETTERS 1
37. PLANNING OF BUSINESS
MESSAGES
38. CHECKLIST FOR
COMPARING BUSINESS
MESSAGES
5
39. LETTER WRITING 10
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______34
Ph: 0863 – 22 42 355 www.gntmasterminds.com
2. INTERPERSONAL COMMUNICATION SKILLS
No. Chapter/Topic Name M-05
TO
N-06
M-
07
N-
07
M-08
TO
N-08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. INTERPERSONAL
COMMUNICATION
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. INTERPERSONAL VS. IMPERSONAL
3. PRINCIPLES OF INTERPERSONAL
COMMUNICATION 4
4. CONTEXTS OF INTERPERSONAL
COMMUNICATION
5. FUNCTION OF INTERPERSONAL
COMMUNICATION 5
6.
WAYS TO IMPROVE
INTERPERSONAL
COMMUNICATION
8
7. ACTIVE LISTENING & GUIDE LINES 5 4 4
8. CRITICAL THINKING & ITS
PURPOSES 5
9. PROCESSES INVOLVED IN CRITICAL
THINKING
10. EMOTIONAL INTELLIGENCE 5
3. GROUP DYNAMICS
No. Chapter/Topic Name M-05
TO
N-06
M-
07
N-
07
M-
08
N-
08
M-09
TO
N-10
M-
11
N-
11
M-
12
1. GROUP & ITS CHARACTERSTICS
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
4
2. GROUP DYNAMICS 5
3. VARIOUS TYPES OF GROUPS
4. CHARACTERSTICS OF GROUP
PERSONALITY 4
5. TEAM ROLES
6. LEADERSHIP
7. GROUP THINK
8. GROUP CONFLICTS & ITS NATURE 5
9. WHY GROUP CONFLICTS ARISE
10. EFFECTS OF GROUP CONFLICT
11. MANAGING GROUP CONFLICTS 4
12. CONSENSUS BUILDING & ITS
TECHNIQUES
13. NEGOTIATION & ITS NATURE 4
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______35
No.1 for CA/CWA & MEC/CEC MASTER MINDS
14. ASPECTS THAT INTERFERE IN
NEGOTIATION
15. STEPS IN NEGOTIATION PROCESS 5
16. RULES OF NEGOTIATION
17. CONCEPT OF PERSUASIVE SKILLS
18. STRATEGIES FOR NEGOTIATION
4. CORPORATE CULTURE
No. Chapter/Topic Name M-05
N-05
TO
M-10
N-10
M-11
TO
M-12
1. CORPORATE CULTURE & ITS ELEMENTS
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. ORGANISATIONAL CHANGE
3. ORGANISATION WIDE CHANGE - DIFFICULT?
4. REASONS FOR RESISTING THE CHANGE
5. REASONS FOR ACCEPTANCE OF CHANGE 4
6. DISADVANTAGES OF INEFFECTIVE COMMUNICATION
7. HELP OF EFFECTIVE COMMUNICATION
8. CONSIDERATIONS FOR COMMUNICATION IN CHANGE SITUATIONS
9. INNOVATION 2
10. ROLE OF INNOVATION
11. INNOVATION – KEY TO SUCCESS & SURVIVAL
12. STAGES IN INNOVATION & BARRIERS
13. ATTRIBUTES OF AN INNOVATIVE ORGANISATION
14. BUILDING OF AN INNOVATIVE ORGANISATION
15. PRE-REQUISITES FOR FOSTERING INNOVATIVE SPIRITS
5. COMMUNICATION ETHICS
No. Chapter/Topic Name M-05
TO
M-11
N-11 M-12
1. MEANING OF COMMUNICATION ETHICS
NO QUESTIONS GIVEN 5
2. NATURE OF ETHICAL COMMUNICATION 4
3. IMPORTANCE OF ETHICAL COMMUNICATION
4. ETHICAL DILEMMAS IN COMMUNICATION
5. GUIDELINES TO HANDLE ETHICAL DILEMMA
6. GUIDELINES OF NCA IN ETHICAL COMMUNIATION
7. ADVANTAGES OF ETHICAL COMMUNICATION
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Law, Ethics & BC_______36
Ph: 0863 – 22 42 355 www.gntmasterminds.com
6. COMMUNICATION IN BUSINESS ENVIRONMENT
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-11
TO
M-12
1. MEETINGS (MINUTES) 1 10 3
NO QUESTIONS GIVEN 2. AGM (MINUTES) 10 5
3. NOTICE FOR A MEETING
(MONTHLY) 10
4. NOTICE FOR AGM 5 5 5
5. NOTICE FOR EGM 5
6. NOTICE FOR BOARD OF
DIRECTORS 5 5
7. CIRCULAR TO EMPLOYEES 5
8. NOTICE FOR SGM 5 5 4
7. LEGAL DEEDS & DOCUMENTS
No. Chapter/Topic Name M-05
TO
N-06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-11
TO
N-11
M-
12
1. POWER OF ATTORNEY
NO QUESTIONS GIVEN
5 5
NO QUESTIONS GIVEN
2. INDEMNITY BOND (SHARES,
DIVIDEND WARRANT) 5 4
3. GIFT DEED 5 4
4. PARTNERSHIP DEED 5 5 5 4
5.
INDEMNITY BOND
(DUPLICATE SHARE
CERTIFICATE)
6. ANNUAL REPORT 5
7. LEASE DEED 5
8.
LETTER TO BANK
ACKNOWLEDGING THE
RECEIPT
4
THE END
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________37
No.1 for CA/CWA & MEC/CEC MASTER MINDS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________38
Ph: 0863 – 22 42 355 www.gntmasterminds.com
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________39
No.1 for CA/CWA & MEC/CEC MASTER MINDS
Topic wise analysis of Past Exam papers of IPCC
1. COST SHEET Till now there are no questions from this chapter in all previous IPCC examinations
2. MATERIALS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-11
TO
M-12
1.
EOQ, NO. OF ORDERS,
CARRYING & ORDERING
COST
8 2 8 2 3 5
NO PROBLEMS GI VEN
2. INVENTORY LEVELS 4 10 2
3. MATERIAL TURNOVER
RATIO
4. COST OF RECEIPTS
5. COST OF ISSUES 5
6. DECISION MAKING
7. CALCULATION OF
PURCHASE PRICE
8. ABC ANALYSIS
3. OPERATING COSTING
No. Chapter/Topic Name M-
05
N-05
TO
M-07
N-07
M-08
TO
N-08
M-
09 N-09
M-
10
N-10
TO
N-11
M-
12
1. TRANSPORT COSTING 5
NO PROBLEMS GIVEN
2
NO PROBLEMS GIVEN
8
NO PROBLEMS GIVEN
2. HOTEL COSTING
3. ELECTRICITY COSTING
4. HOSPITAL COSTING
5. DECISION MAKING
6. COMMERCIAL TONNE KILOMETERS 2
7. ABSOLUTE TONNE KILOMETERS
8. MACHINE HOUR RATE 5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________40
Ph: 0863 – 22 42 355 www.gntmasterminds.com
4. LABOUR-1
No. Chapter/Topic Name M-
05
N-
05
M-06
TO
N-06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-10
TO
N-10
M-
11
N-
11
M-
12
1. CALCUALTION OF
REMUNERATION
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
2.
CALCULATION OF
EFFICIENCY, CAPACITY &
ACTIVITY RATIOS
3. CALCULATION OF BONUS,
NON-STANDARD PLANS
4. CALCULATION OF BONUS –
STANDARD PLANS 8 2 2 2 3 5 5 8
5. LABOUR COST PER GOOD
UNIT
5. LABOUR-2
No. Chapter/Topic Name
M-05
TO
N-09
M-10
N-10
TO
M-12
1. LABOUR COST ANALYSIS
NO PROBLEMS
GIVEN
NO PROBLEMS
GIVEN
2. BONUS TO DIRECT & INDIRECT LABOUR
3. LABOUR TURNOVER RATIO
4. DECISION MAKING
5. RECRUITMENT POLICY
6. SUGGESTION BOX SCHEME – AWARD
7. BONUS THEORM - PROOF 3
6. OVERHEADS-1
No. Chapter/Topic Name M-
05
N-05
TO
M-06
N-06 M-
07
N-07
TO
N-08
M-
09
N-09
TO
M-12
1. OVERHEAD RECOVERY RATE – NO CROSS SERVICE
NO PROBLEMS GIVEN
15
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
2. OVERHEAD RECOVERY RATE – CROSS SERVICE
3. STEP LADDER METHOD 3 7
4. FIXED AND VARIABLE OVERHEAD 10
5. DIFFERENT METHODS OF OH RECOVERY
6. BLANKET VS. DEPARTMENTAL RECOVERY RATE
7. ACTIVITY BASE COSTING 12
8. COMPUTATION OF COST DRIVER ALLOCATION % 2
9. CALCULATION OF VARIABLE & FIXED COSTS 2
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________41
No.1 for CA/CWA & MEC/CEC MASTER MINDS
7. OVERHEADS-2
No. Chapter/Topic Name M-
05
N-
05
M-06
TO
M-07
N-
07
M-
08
N-
08
M-09
TO
N-10
M-
11
N-
11
M-
12
1. UNDER / OVER RECOVERY
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
2. OH RECOVERY BASED ON DIFFERENT
CAPACITIES 2
3. TREATMENT OF UNDER / OVER
RECOVERY 8
4. CONCEPT OF EQUIVALENT UNITS
5. MULTIPLE MACHINE HOUR RATE 14
6. MACHINE HOUR RATE 5 8 8
8. RECONCILIATION OF COST & FINANCIAL STATEMENTS
No. Chapter/Topic Name M-
05 N-05
M-06
TO
N-08
M-
09
N-09
TO
M-10
N-10
M-11
TO
M-12
1. RECONCILIATION STATEMENT
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
2. COSTING P & L A/C FINANCIAL P&L A/C
3. COSTING, FINANCIAL P&L A/C, RECONCILIATION 10
4. CONTROL ACCOUNTS+RECONCILIATION
5. LOSS TO LOSS RECONCILIATION
6. RECONCILIATION IN CASE OF CLOSING WIP
7. RECONCILIATION WITH OHRR
8. MEMORANDUM RECONCILIATION ACCOUNT 7 8
9. JOB COSTING & BATCH COSTING
No. Chapter/Topic Name M-05 TO
M-12
1. COST OF JOB-CALCULATION
NO PROBLEMS GIVEN
2. FIXING OF SELLING PRICE FOR A JOB
3. WHEN TO COMPLETE A JOB
4. FINDING COST OF JOB AT DIFFERENT OHRR’S
5. JOB COSTING WITH CLOSING WIP
6. ECONOMIC BATCH QUANTITY
7. COST OF BATCH – CALCULATION
8. BATCH COSTING WITH MULTIPLE DEPARTMENTS
9. COP AT DIFFERENT BATCHES OF PRODUCTION
10. DECISION MAKING IN BATCH COSTING
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________42
Ph: 0863 – 22 42 355 www.gntmasterminds.com
10. BOOK KEEPING IN COSTING
No. Chapter/Topic Name M-
05
N-05 TO
M-08
N-
08
M-09 TO
N-10
M-
11
N-
11
M-
12
1. CONTROL ACCOUNTS NO
PROBLEMS
GIVEN
15 NO
PROBLEMS
GIVEN
8
2. RECONCILIATION STATEMENT
3. CONTROL A/C’S + RECONCILIATION
STATEMENT 8 12
11. JOINT PRODUCTS AND BY-PRODUCTS
No. Chapter/Topic Name M-05
N-05
TO
N-06
M-07
N-07
TO
M-12
1. COSTS (JOINT) – APPORTIONING ON SPLIT OFF POINT, NRV
METHOD, SALE VALUE, PHYSICAL UNITS METHOD
NO PROBLEMS
GIVEN
NO PROBLEMS
GIVEN
2. COST PER UNIT – CALCULATION
3. STATEMENT OF COSTS
4. DECISION MAKING 8
5. COMPREHENSIVE PROBLEMS 9
12. PROCESS COSTING
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-06
TO
M-07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. PREPARATION OF
PROCESS ACCOUNTS
NO PROBLEMS GIVEN
8 3 8 8
2. FIXATION OF SELLING
PRICE
3. PROCESS A/C WITH
CLOSING WIP
4. PROCESS A/C FIFO
METHOD 14
5. PROCESS A/C FIFO + TWO
MATERIALS
6. PROCESS A/C – AVERAGE
METHOD 8 8
7. PROCESS A/C – AVERAGE
METHOD + 2 MATERIALS
8. PROCESS A/C – LIFO
METHOD
9.
STATEMENT OF
EQUIVALENT
PRODUCTION PROCESS
A/C & COST PER UNIT
10 8 8
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________43
No.1 for CA/CWA & MEC/CEC MASTER MINDS
13. OPERATION COSTING
No. Chapter/Topic Name M-05 TO M-12
1. OPERATION ACCOUNTS NO PROBLEMS
GIVEN 2. CALCULATION OF COST PRICE OF RAW MATERIAL
14. CONTRACT COSTING
No. Chapter/Topic Name
M-05
TO
N-05
M-
06
N-
06
M-
07
N-07
TO
M-08
N-
08
M-
09
N-09
TO
M-10
N-
10
M-11
TO
N-11
M-
12
1. CONTRACT ACCOUNT
NO PROBLEMS GIVEN
10
8
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
8
NO PROBLEMS GIVEN 8
2. PROFIT / LOSS ON
INCOMPLETE CONTRACTS 3
3. COST PLUS CONTRACTS
4. CONTRACTS WITH
ESCALATION CLAUSE
5. CALCULATION OF WIP &
CONTRACT PRICE 3
15. MARGINAL COSTING
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. MARGINAL COST SHEET
2. BEP, MOS, P/V RATIO,
SHUT DOWN POINT 7 3 3 3 3 2 3 5
3. INDIFFERENCE POINT
4. KEY FACTOR
5. DECISION MAKING 11
6. ABSORPTION COSTING
7.
MARGINAL &
ABSORPTION COST
SHEET
11 15
8. COST-VOLUME PROFIT
ANALYSIS
9. CALCULATION OF PRICE
& QUANTITY 11
10. COMPREHENSIVE
PROBLEMS 6 8
11. REASONS FOR LOSSES –
CALCULATION OF LOSS 13
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________44
Ph: 0863 – 22 42 355 www.gntmasterminds.com
16. STANDARD COSTING
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. MATERIAL VARIANCES 11
3 2 8 15
2. LABOUR VARIANCES
3. FIXED OVERHEAD
VARIANCES
8
4. VARIABLE OVERHEAD
VARIANCES
5. SALES VARIANCES 5
6. TOTAL VARIANCES 11 8
7. CALCULATION OF
MISSING FIGURES 8
8. COMPREHENSIVE
PROBLEMS 15
9. BUDGET + VARIANCES 15
17. BUDGETARY CONTROL
No. Chapter/Topic Name M-05
TO
N-05
M-
06
N-06
TO
M-07
N-
07
M-08
TO
N-08
M-
09
N-
09
M-10
TO
N-11
M-
12
1. SALES BUDGET
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
2. PRODUCTION BUDGET 11 5
3. FLEXIBLE BUDGET
4. MASTER BUDGET
5. CASH BUDGET
6. EFFICIENCY & CAPACITY RATIO 2 2
7. COMPREHENSIVE PROBLEMS 15
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________45
No.1 for CA/CWA & MEC/CEC MASTER MINDS
Chapter wise analysis of Past Exam papers of IPCC in the subject of COSTING
(Theory )
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. BASIC CONCEPTS IN
COSTING 6 4 4 2 7 4 4 2 4 4 4 4 4 4
2. MATERIALS 3 4 4 3 3 3 2 3 4 4
3. LABOUR 4 2 3 5 9 3 4
4. OVERHEADS 3 10 2 4 2 3 8
5. CONTRACT COSTING 2 2 4 2 2 2 4 4
6. PROCESS COSTING 3
7. BOOK KEEPING 3 3 2 4
8. BUDGETORY CONTROL 4 4 2 2 3 8
9. COST AUDIT
10. MARGINAL COSTING 4 3 2 6
11. RECONCILIATION OF
COST 6 3 4
12. OPERATING COSTING 2 2 2
13. JOING & BY PRODUCTS 9 4
14. STANDARD COSTING 4 6
Topic wise analysis of Past Exam papers of IPCC
1. BASIC CONCEPTS OF COSTING
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. COST & FINANCIAL
ACCOUNTING
2. COST & MANAGEMENT
ACCOUNTING
3. COST, VALUE AND PRICE
4. ADVANTAGES OF COST
ACCOUNTING SYSTEM 2 2
5. ROLE OF COST
ACCOUNTANT
6. CLASSIFICATION OF COSTS
7. CLASSIFICATION OF
OVERHEADS 2
8. EXPLICIT AND IMPLICIT
COSTS 3 2
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________46
Ph: 0863 – 22 42 355 www.gntmasterminds.com
9.
COMMITTED AND
DISCRETIONARY FIXED
COSTS
10. CONVERSION COST AND
ADDED VALUE
11. CLASSIFICATION OF COSTS
- NORMALITY BASIS
12. PERIOD COSTS AND
PRODUCT COSTS 2 2
13. COST ASCERTAINMENT –
BASED ON TIME
14. METHODS OF COSTING 2
15. UNIT COST METHOD
16. FEATURES OF GOOD COST
ACCOUNTING SYSTEM 4
17.
STEPS INVOLVED IN
INSTALLING A COSTING
SYSTEM
18.
FACTORS BEFORE
INSTALLING COSTING
SYSTEM
4
19.
REPORTS USED FOR
DECISION MAKING
PURPOSE
20.
ITEMS NOT TO BE
CONSIDERED IN COST
SHEET
21. PRODUCTION ACCOUNT
VS. COST SHEET
22. COST REDUCTION & ITS
ADVANTAGES 2
23. COST REDUCTION AND
COST CONTROL 4
24. UNIFORM COSTING & ITS
OBJECTIVES
25. UNIFORM COST MANUAL 3
26. LIMITATIONS OF INTER-
FIRM COMPARISION
27. VALUE ANALYSIS
28.
METHODS OF
SEGREGATING SEMI
VARIABLE COSTS
29. COST CENTRE AND COST
UNIT 4
30. DIFFERENT TYPES OF COSTS 3 2 4 2 2 4
31. PROFIT CENTRE 2
32. INVESTMENT CENTRE
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________47
No.1 for CA/CWA & MEC/CEC MASTER MINDS
2. MATERIALS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. OBJECTIVES OF A SYSTEM OF
MATERIAL COST CONTROL
2. DUTIES OF SHOPKEEPER
3. STEPS IN PURCHASES
4. PURCHASE REQUISITIONS
5.
STEPS IN MATERIAL
STORAGE & ITS
PLANNING
6. TOOLS AVAILABLE FOR
MATERIAL CONTROL 4
7. SLOW MOVING ITEMS
8. ROL & ROQ
9. BINCARDS AND STORES
LEDGER
10. PERIDIC & CONTINUOURS
STOCK TAKING
11. JUST-IN-TIME PURCHASES
& ADVANTAGES
12. MATERIAL ISSUE
PROCEDURE
13. BILL OF MATERIALS VS.
MRN 4
14. ADVANTAGES &
DISADVANTAGES OF
CENTRAL STORAGE
15. LOSSES DUE TO OBSELETE
STORES
16. TREATMENT OF
SHORTAGES
17. TREATMENT OF WASTAGES
18. TREATMENT OF SCRAP
3
3
2 3
19. TREATMENT OF
DEFECTIVES
20. CIRCUMSTANCES WHERE
ROQEOQ ≠
21. TREATMENT OF CASH
DISCOUNT RECEIVED
22. LIFO, ADVANTAGES AND
DISADVANTAGES
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________48
Ph: 0863 – 22 42 355 www.gntmasterminds.com
23. MATERIAL HANDLING
COST
24. LEAD TIME OR ORDER
PERIOD
25. VED ANALYSIS & FSND
ANALYSIS
26. ABC ANALYSIS 4 3 4
27. LIFO HAS AN EDGE OVER
FIFO-? 3
3. LABOUR
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. ELEMENTS OF WAGES
2. PRINCIPLES INFIXING THE
REMUNERATION
3.
CASES WHERE TIME
RATE SYSTEM IS
PREFERRED
4. TIME KEEPING AND ITS
OBJECTIVES
5. METHODS OF TIME
KEEPING
6. TIME BOOKING 2
7.
DEPARTMENTS
INVOLVED IN CONTROL
OF COSTS
8.
PROCEDURE IN
PREPARATION OF
PAYROLL
9.
FACTORS BEFORE
INTRODUCING
INCENTIVE SYSTEM
10. GROUP BONUS AND ITS
OBJECTIVES
11. SCHEMES OF GROUP
BONUS
12. POINTS SYSTEM OF
WAGE PAYMENT
13. PROFIT SHARING & CO-
PARTNERSHIP SCHEME
14. CASUAL WORKER VS.
SITE LABOUR
15. TIME AND MOTION
STUDY
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________49
No.1 for CA/CWA & MEC/CEC MASTER MINDS
16. JOB EVALUATION &
MERIT RATING 3
17. METHODS OF JOB
EVALUATION
18. IDLE TIME AND
OVERTIME PREMIUM 4 2
19. LABOUR TURNOVER
20. STEPS IN REDUCING
LABOUR TURNOVER 3
21. METHODS OF
CALCUALTING LTR 4
22. CAUSES FOR LABOUR
TURNOVER
23. WAGES UNDER
DIFFERENT SYSTEMS 9
24. TREATMENT OF IDLE
CAPACITY COSTS 3
4. OVERHEADS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. OVERHEAD ABSORPTION
RATES
2. ALLOCATION AND
APPORTIONMENT 2
3.
SELECTION FOR
APPROPRIATE BASIS OF
ABSORPTION
4.
METHODS OF
ACCOUNTING FOR
AOH/SOH
4
5.
ALLOCATING SERVICE
DEPT. COSTS TO
PRODUCTION
4
6. METHODS OF PRE-
DETERMINED OHRR
7.
METHODS OF
ABSORBING POH TO
PRODUCTS
8. INTEREST AS OVERHEAD
EXPENSE
9.
INTEREST NOT
CONSIDERED IN COST
ACCOUNTS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________50
Ph: 0863 – 22 42 355 www.gntmasterminds.com
10. CODIFICATION OF
OVERHEADS-OBJECTIVES
11. CHARGEABLE EXPENSES
12. TREATMENT OF UNDER /
OVER ABSORBED 6 3 4
13. TREATMENT OF
REASEARCH & DEVELOP
EXP.
3 2 2
14. CONDITIONS TO USE
SUPPLEMENTARY RATES
15. BLANKET RECOVERY RATE 2
5. CONTRACT COSTING
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. MEANING, NEED,
FEATURES – CONTRACT
COSTING
2. RULES TO TRANSFER P/L
FROM INCOMPLETE
CONTRACTS
4 4
3. PROGRESS PAYMENTS &
RETENTION MONEY 4
4. PROVISION FOR LOSS ON
CONTRACT
5. RECONGITION OF PROFIT
AN ALMOST COMPLETED
CONTRACT
6. COST PLUS CONTRACTS 2 2
7. ESCALATION CLAUSE 2
8. JOB COSTING VS.
CONTRACT COSTING 2
9. JOB COSTING VS. BATCH
COSTING 2
6. PROCESS COSTING
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. INTER-PROCESS PROFITS
2. PROCESS COSTING
3. FEATURES OF PROCESS
COSTING
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________51
No.1 for CA/CWA & MEC/CEC MASTER MINDS
4.
TREATMENT OF
NORMAL LOSS,
ABNORMAL LOSS / GAIN
5. JOB VS. PROCESS
COSTING
6. CONCEPT OF
EQUIVALENT UNITS 3
7.
OPERATION COSTING-
REFINEMENT OF
PROCESS COSTING
7. BOOK KEEPING
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. INTEGRATED ACCOUNTS &
ADVANTAGES 2 4
2.
PRE-REQUISITES OF
INTEGRATED A/CING
SYSTEM
3 3
3. COST LEDGER CONTROL
ACCOUNT
8. BUDGETORY CONTROL
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. BUDGET 4
2. OBJECTIVES OF
BUDGETING
3. BUDGETORY CONTROL
& ITS FEATURES
4.
OBJECTIVES OF
BUDGETORY CONTROL
SYSTEM
2
5.
LIMITATIONS OF
BUDGETORY CONTROL
STSTEM
6. DIFFERENT TYPES OF
BUDGET
7. FIXED AND FLEXIBLE
BUDGET 4
8.
ADVANTAGES OF
BUDETORY CONTROL
SYSTEM
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________52
Ph: 0863 – 22 42 355 www.gntmasterminds.com
9. STEPS IN PREPARATION
OF BUDGETS
10. FUNCTIONAL BUDGET 3
11. ZERO BASE BUDGETING 4
12. FLEXIBLE BUDGET 2
13. SINGLE BUDGET SYSTEM
SERVES SERERAL
PURPOSES?
4
9. COST AUDIT
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. TYPES OF COST AUDIT
2. VERIFICATION-IN THE
AREA OF WIP
3. COST AUDIT
PROGRAMME
4.
RECORDS TO BE
MAINTAINED UNDER
COST ACCOUNTING
RECORD RULES
10. MARGINAL COSTING
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. MARGINAL COSTING
2. MARGINAL COSTING &
ABSORPTION COSTING 4
3. BREAK EVEN POINT 3
4. MARGIN OF SAFETY
5. SHUT DOWN POINT
6. INDIFFERENCE POINT
7. BEP VS. INDIFFERENCE
POINT
8. KEY FACTOR 2
9.
FACTORS TO BE
CONSIDERED IN
DECISIONS
10. ADVANTAGES OF
MARGINAL COSTING
11. LIMITATIONS OF
MARGINAL COSTING
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________53
No.1 for CA/CWA & MEC/CEC MASTER MINDS
12. ANGLE OF INCIDENCE 2
13. DIRECT COSTING
14. DIFFERENTIAL COSTING
15. CASES WHERE PRICE
FIXED IS < MARGINAL
COST
16. BASIC ASSUMPTIONS
OF CVP ANALYSIS 4
11. RECONCILIATION OF COST
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. RECONCILIATION OF
COSTING PROFITS
6
2. RECONCILIATION OF
FINANCIAL PROFITS
3. FACTORS THAT CAUSE IN
DIFFERENCE IN PROFITS 3
4. FINANCIAL EXPENSES
INDUDED IN COSTS 2
5. RECONCILIATION WHEN
NOT NECESSARY 2
12. OPERATING COSTING
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. OPERATING COSTING –
MEANING 2
2. ADVANTAGES OF
OPERATING COSTING
3.
ABSOLUTE TON KM
AND COMMERCIAL TON
KM
2
4. UNIT-COST TO
INDUSTRIES 2
13. JOINT & BY PRODUCTS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. JOINT PRODUCTS
2. BY PRODUCTS
3. SPLIT OFF POINT
4.
METHODS TO
APPORTION JOINT
COSTS
9 4
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________54
Ph: 0863 – 22 42 355 www.gntmasterminds.com
14. STANDARD COSTING
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. STANDARD COSTING
2. METERIAL VARIANCES
3. LABOUR VARIANCES
4. FIXED OVERHEAD
VARIANCES
5. VARIABLE OVERHEAD
VARIANCES
6. SALES VARIANCES
7.
OVERHEAD VARIANCES
SHOULD BE
INDEPENDENT
4
8. JOURNAL ENTRIES 6
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________55
No.1 for CA/CWA & MEC/CEC MASTER MINDS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________56
Ph: 0863 – 22 42 355 www.gntmasterminds.com
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________57
No.1 for CA/CWA & MEC/CEC MASTER MINDS
Topic wise analysis of Past Exam papers of IPCC
1. TIME VALUE OF MONEY
No. Chapter/Topic Name
M-05
TO
N-06
M-
07
N-07
TO
M-08
N-08
M-09
TO
N-09
M-
10
N-10
TO
M-12
1. SIMPLE INTEREST
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
2. COMPOUND INTEREST 2
3. FUTURE VALUE OF SINGLE AMOUNT 3
4. PRESENT VALUE OF SINGLE AMOUNT 3
5. FUTURE VALUE OF ANUITY IMMEDIATE
6. PRESENT VALUE OF ANNUITYIMMEDIATE
7. PRESENT VALUE OF PERPETUITY
8. PRESENT VALUE OF GROWING PERPETUITY
2. CAPITAL BUDGETING
No. Chapter/Topic Name
M-05
TO
M-06
N-06 M-07 N-07 M-08 N-08
M-09
TO
M-12
1. AVERAGE RATE OF RETURN
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
2. CALCULATION OF CFAT
3. PAY BACK PERIOD & DISCOUNTED PBP
4. NPV 8 7
5. ANNUALISED NPV
6. EQUIVALENT ANNUAL CASH OUTFLOWS 8
7. TERMINAL VALUE METHOD
8. IRR
9. NPV & IRR IN THE SAME PROBLEM
10. PROFITABILITY INDEX
11. CAPITAL RATIONING
12. FINDING MISSING VALUES
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________58
Ph: 0863 – 22 42 355 www.gntmasterminds.com
3. ADVANCED CONCEPTS IN CAPITAL BUDGETING
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-06
TO
N-07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. COMPREHENSIVE
PROBLEMS 10
NO PROBLEMS GIVEN
8 8 9 8 8
2. NPV & IRR CONFLICT
3. REPLACEMENT DECISIONS 12
4. INFLATION IN CAPITAL
BUDGETING 7 8
4. COST OF CAPITAL
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-06
TO
M-07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. COST OF CAPITAL OF
IRREDEEMABLE DEBT
NO PROBLEMS GIVEN
2. COST OF CAPITAL OF
REDEEMABLE DEBT 6
3. COC OF REDEEMABLE
DEBT (INSTALLMENT)
4. COC OF REDEEMABLE
PREFERENCE SHARES
5. COC OF IRREDEEMABLE
PREFERENCE SHARES
6. COST OF EQUITY (NO
GROWTH IN DIVIDENDS) 3
7. COST OF EQUITY
(CONSTANT GROWTH)
8. COST OF EQUITY (NON-
CONSTANT GROWTH) 6
9. WACC (BOOK VALUE
WEIGHTS) 3
10. WACC (MARKET VALUE
WEIGHTS) 9 5 5
11. CAPM APPROACH
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________59
No.1 for CA/CWA & MEC/CEC MASTER MINDS
12. VALUATION OF BONDS &
SHARES
13. COST OF RETAINED
EARNINGS 2
14. COMPREHENSIVE
PROBLEMS 7 8 5
5. CAPITAL STRUCTURE
No. Chapter/Topic Name M-05 N-05
M-06
TO
M-09
N-09
M-10
TO
N-10
M-11
N-11
TO
M-12
1. EBIT-EPS ANALYSIS 7
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
2. INDIFFERENCE POINT 3
3. TRADITIONAL APPROACH
4. NET INCOME APPROACH
5. NET OPERATING INCOME APPROACH
6. MODIGILIANI MILLER APPROACH
7. ARBITRAGE 3
8. COMPREHENSIVE PROBLEMS 12
6. LEVERAGES
No. Chapter/Topic Name
M-05
TO
M-06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. CALCULATION OF DOL,
DFL, DCL
NO PROBLEMS GIVEN
6 2 2 4 5 8
2. CALCULATION OF EPS 2
3. CALCULATION OF ROE,
ROI 2
4. INCOME STATEMENT 8
5. COMPREHENSIVE
PROBLEMS 8 8
6. MISCELLENEOUS 3
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________60
Ph: 0863 – 22 42 355 www.gntmasterminds.com
7. WORKING CAPITAL MANAGEMENT
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. ESTIMATION OF WC
REQUIREMENT 5 12 5 9 16 8
2. DIFFERENT MODES OF
FINANCING WC
3. MPBF 5 3
4. OPERATING CYCLE 8
5. DEBTORS MANAGEMENT 6 3 8 8 5 5
6. FACTORING 8 3
7. CASH BUDGET 7
8. BAUMOL MODEL-
OPTIMUM CASH BALANCE 3
9. MILLER-ORR MODEL-
OPTIMUM CASH BALANCE
10. CONCENTRATION
BANKING & LOCK BOX
APPROACH
11. EOQ CALCULATION 2
12. MISCELLENEOUS 15
8. RATIO ANALYSIS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-06
TO
M-09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. PREPARATION OF BALANCE SHEET 7 12 NO
PROBLEMS
GIVEN
15
2. CALCULATION OF RATIOS 12 2 5 8
9. FUNDS FLOW STATEMENTS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1.
STATEMENT OF
WORKING CAPITAL
CHANGES
2. FUND FLOW
STATEMENT 15 8
3. CASH FLOW FROM
OPERATIONS 7
4. CASH FLOW
STATEMENT 16 10 15 15 15 15 16 8
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________61
No.1 for CA/CWA & MEC/CEC MASTER MINDS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________62
Ph: 0863 – 22 42 355 www.gntmasterminds.com
Topic wise analysis of Past Exam papers of IPCC
1. SCOPE & OBJECTIVES OF FINANCIAL MANAGEMENT
No. Chapter/Topic Name
M-05
TO
N-05
M-
06
N-
06
M-
07
N-
07
M-08
TO
N-08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. MAIN ASPECTS OF FINANCE
FUNCTION
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
3
2. SCOPE & SIGNIFICANCE OF
F.M
3. OBJECTIVES OF F.M 3
4. PROFIT VS. WEALTH
MAXIMISATION 4 2 4 4
5. BASIC AXIOMS OF FM
6. RISK RETURN TRADE OFF
7. FUNCTIONS OF CFO 3 3 4
8. RELATION INVESTMENT
FINANCING DIVIDEND
9. CHANGING SCENARIO OF
F.M IN INDIA 6
10. PERVASIVE NATURE OF
FINANCE FUNCTION
11. EVOLUTION OF. FM
12. DIFFERENCE BETWEEN F.M
& ACCOUNTING 2
2. TIME VALUE OF MONEY
No. Chapter/Topic Name M-05N-05 TO
N-07 M-08
N-08
TO
M-11
N-11 M-12
1. TIME VALUE OF MONEY
NO
QUESTIONS
GIVEN
NO
QUESTIONS
GIVEN
2. RELEVANCE OF TIME VALUE OF MONEY 2 2 4
3. SIMPLE INTEREST
4. COMPOUND INTEREST
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________63
No.1 for CA/CWA & MEC/CEC MASTER MINDS
5. EFFECTIVE RATE OF INTEREST
6. CONCEPT OF COMPOUNDING
7. CONCEPT OF PRESENT VALUE
8. CONCEPT OF DISCOUNITNG
9. CONCEPT OF PERPETUITY
10. SINKING FUND
3. CAPITAL BUDGETING
No. Chapter/Topic Name
M-
05
N-05
TO
M-06
N-
06
M-
07
N-07
TO
M-08
N-
08
M-
09
N-
09
M-
10
N-
10
M-11
TO
M-12
1. CAPITAL BUDGETING &
PROCESS
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. TYPES OF INVESTMENT DECISIONS
3. PRINCIPLES FOR MEASURING
PROJECT CASH FLOWS
4. TECHNIQUES-PROJECTS
FINANCIAL VIABILITY
5. PAY BACK PERIOD
6. DISCOUNTED PAY BACK
PERIOD
3
7. ARR METHOD
8. NPV METHOD
9. PROJECT NPV & EQUITY NPV
10. IRR METHOD
11. MULTIPLE IRR 3
12. MODIFIED IRR 2
13. NPV & IRR 4
14. NPV & IRR CONFLICTS
15. PROFITABILITY INDEX
16. CAPITAL RATIONING
17. SOCIAL COST BENEFIT
ANALYSIS 4
18. TREE – ANALYSIS IN
MANAGERIAL DECISION 5
19. DESIRABILITY FACTOR 1.5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________64
Ph: 0863 – 22 42 355 www.gntmasterminds.com
4. COST OF CAPITAL
No. Chapter/Topic Name
M-05
TO
M-06
N-06
M-07
TO
N-08
M-
09
N-09
TO
M-12
1. COST OF CAPITAL & ITS RELEVANCE
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. EXPLICIT & IMPLICIT COST OF CAPITAL
3. COST OF DEBT – FACTORS
4. VALUE OF BOND
5. COST OF PREFERENCE SHARES – FACTORS
6. DETERMINATION OF COST OF EQUITY
7. DEBT CHEAPER THAN EQUITY
8. RETAINED EARNINGS
9. WACC 3
10. MARGINAL COST OF CAPITAL
11. CAPM APPROACH
12. DIVIDEND PRICE EARNINGS APPROACH 2
13. CONCEPT OF BETA
5. CAPITAL STRUCTURE THEORIES
No. Chapter/Topic Name
M-05
TO
N-05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
TO
N-
11
M-
12
1. CAPITAL STRUCTURE,
OPTIMUM CAPITAL
STRUCTURE
NO QUESTIONS GIVEN
6 2 2 2
NO QUESTIONS GIVEN
2. MAJOR CONSIDERATIONS
IN CAPITAL STRUCTURE
3. GENERAL ASSUMPTIONS IN
THEORIES
4. RELATION – COS, CAPITAL
STRUCTURE, VALUE OF
FIRM
5. NI APPROACH
6. NOI APPROACH 3 4
7. MM APPROACH 2
8. ARBITRAGE
9. EPS-INDIFFERENCE POINT 2 4
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________65
No.1 for CA/CWA & MEC/CEC MASTER MINDS
10. FINANCIAL BREAK EVEN
POINT 3 2
11. BUSINESS & FINANCIAL RISK
12. PECKING ORDER THEORY
13. LEASE
14. OVER & UNDER
CAPITALIZATION
6. LEVERAGES
No. Chapter/Topic Name M-05 TO M-12
1. LEVERAGES NO QUESTIONS
GIVEN 2. DEBT VS. EQUITY FINANCING
3. IMPACT OF FINNACIAL LEVERAGE ON SHARE HOLDERS BY ROE & ROA
7. WORKING CAPITAL MANAGEMENT
No. Chapter/Topic Name M-
05
N-
05
M-06
TO
N-07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-11
TO
M-12
1. WORKING CAPITAL
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. WCM (ASPECTS)
3. IMPORTANCE OF ADEQUATE
WORKING CAPITAL
4. DETERMINANTS OF WC
5. OPERATING OR WC CYCLE 4
6. CORE CURRENT ASSETS
7. OPTIMUM WORKING CAPITAL
8. INFLATION ON WC
9. TREASURY MANAGEMENT 3 2
10. RECOMMENDATIONS OF SHARE
COMIMITEE
11. RECONMENDATIONS OF JILANI
COMMITTEE
12. CASH BUDGETS
13. FLOAT
14. RECEIVABLES MANAGEMENT 2
15. AGEING SCHEDULE
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________66
Ph: 0863 – 22 42 355 www.gntmasterminds.com
16. TRADE CREDITS
17. FACTORING 2 5
18. SOURCES OF FINANCE OF WC
19. MPBF 2
20. PLEDGE & HYPO THE CATION
21. INFLATION ON INVENTORY
22. LIQUIDITY VS. PROFITABILITY IN
WC
23. MILLER-ORR MODEL 3
24. BAUMOL MODEL
25. BAUMOL VS. MILLER-ORR
MODEL 4
26. TRADING ON EQUITY 2
8. FINANCIAL ANALYSIS & PLANNING
No. Chapter/Topic Name
M-05
TO
M-06
N-
06
M-
07
N-07
TO
M-08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. RATIO ANALYSIS
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. CASH FLOW & FUND FLOW
STATEMENTS 3
3. ROE USING DUPONT MODEL 3 3
4. LIMITATIONS OF FINANCIAL
RATIO ANALYSIS 2
5. RATIOS (DEFINITIONS) 2 7 2 4
6.
EVALUATION OF CO.’S
PERFORMANCE ON
EFFICIENCY & LIQUIDITY
POSITION
4
7. INTERPRETATION OF
VARIOUS RATIOS 4
9. SOURCES OF FINANCE
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. VARIOUS FINANCES IN
INDIA
2. EQUITY SHARE CAPITAL
3. PREFERENCE SHARE
CAPITAL 2
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Costing & F.M._________67
No.1 for CA/CWA & MEC/CEC MASTER MINDS
4. RETAINED EARNINGS
5. CAPITAL INCENTIVES
6. DEBENTURES
7. LONG TERM LOANS
8. BRIDGE FINANCE 3 4
9. VENTURE CAPITAL
FINANCING 2 3 2 4
10. LEASE FINANCE 2 2 4
11. FINANCIAL & OPERATING
LEASE
12. DEBT SECURITIZATION 3 3 2 4
13. INTERNATIONAL
FINANCING
14. FINANCIAL
INSTRUMENTS 2
15. EURO-ISSUES
16. GDR’S 2
17. ADR’S 3 2 2
18. IDR’S 2
19. FDI
20. SEED CAPITAL
ASSISSTANCE 3 2
21. COMMERCIAL
BORROWINGS 3
22. SHORT TERM SOURCES
OF FINANCE
23. TRADE CREDITS
24. VARIOUS FORMS OF
BANK CREDIT
25. FINANCING OF EXPORT
TRADE BY BANKS
26. PRE-SHIPMENT FINANCE
27.
VARIOUS MODES OF
POST SHIPMENT
FINANCE
28. COMMERICAL PAOER 3 3
29. DEEP DISCOUNT BONDS 2 2 4
30. SOCIAL COST BENEFIT
ANALYSIS
31. PLOUGHING BACK OF
PROFITS 2 1.5
32. SECURED PREMIUM
NOTES 2
THE END
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________68
Ph: 0863 – 22 42 355 www.gntmasterminds.com
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________69
No.1 for CA/CWA & MEC/CEC MASTER MINDS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________70
Ph: 0863 – 22 42 355 www.gntmasterminds.com
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________71
No.1 for CA/CWA & MEC/CEC MASTER MINDS
1. PRELIMINARY DISCUSSION
Topic wise analysis of Past Exam papers of IPCC (Theory)
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-09
TO
M -12
1. CASES WHERE INCOME OF P.Y
ASSESSED IN SAME P.Y 5
NO QUESTIONS GIVEN
2. INCOME SEC – 2(24)
3. DIVERSION OF INCOME &
APPLICATION OF INCOME
4. SUBSTANTIAL INTEREST 4
5. EXPENSE INCURRED IN RELATION TO
EXEMPTED INCOME 4
6. AGRICULTURAL INCOME
7. COMPUTATION OF TAX ON NON-AGRI
INCOME 5
8. COMPOSITE INCOME
9. RESIDENTIAL STATUS OF INDIVIDUALS 2
10. RESIDENTIAL STATUS OF OTHER
PERSONS
11. SCOPE OF TOTAL INCOME
12. INCOME DEEMED TO BE RECEIVED
13. INCOME DEEMED TO ACCRUE OR
ARISE IN INDIA 6 4 2 2
14. MARGINAL RELIEF 4
15. METHOD OF ACCOUNTING – WHEN
RELEVANT 4
16. INCOME FOR SAPLINGS OR SEEDLINGS
GROWN IN NURSERY 2
Topic wise analysis of Past Exam papers of IPCC (Problems)
No. Chapter/Topic Name M-05
TO
N-05
M-
06
N-
06
M-
07
N-07
TO
N-09
M-
10
N-
10
M-
11
N-
11
M-
12
1. CALCULATION OF
COMPOSITE INCOME NO
QUESTIONS
GIVEN
NO
QUESTIONS
GIVEN
6
2. DETERMINATION OF
RESIDENTIAL STATUS,TAX 4 14 10 4 4
3. PROBLEM ON SEC-10B 5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________72
Ph: 0863 – 22 42 355 www.gntmasterminds.com
2. EXEMPTED INCOMES
Topic wise analysis of Past Exam papers of IPCC (Theory)
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-11
TO
M -12
1. FAMILY PENSION SEC – 10(19) 1
NO QUESTIONS GIVEN
2. CHARITABLE TRUSTS SEC –
10(23)
3. EXEMPTION TO POLITICAL
PARTY SEC – 13A 2 4
4. COMPENSATION FOR
DISASTER SEC – 10(10 BC) 2
5. DIVIDENDS RECEIVED SEC
– 10(34) 2
6. SUMRECEIVED UNDER LIC
POLICY SEC – 10(10D) 6
7. CHARITABLE TRUSTS 2 6 2 2 4
8. SIKKIMISE INDIVIDUAL
SEC – 10(26AAA) 4
3. INCOME FROM SALARIES
Topic wise analysis of Past Exam papers of IPCC (Theory)
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-08
TO
M-12
1. SEC-15 CHARGING SECTION
NO QUESTIONS GIVEN
2. FOREGOING & SURRENDER OF SALARY
3. SALARY SEC-17(1) 4
4. PROFIT IN LIEU OF SALARY SEC – 17(3) 4
5. PERAUISITIES & VALUATION SEC – 17(2)
6. SPECIFIED EMPLOYEES
7. VALUE OF RENT FREE ACCOMODATION
8. VALUE OF FURNISHED ACCOMODATION
9. HOTEL ACCOMODATION
10. CONCESSIONAL ACCOMODATION
11. PERQUISITE – DOMESTIC SERVANT
12. PERQUISITE – GAS, ELECTRICITY & WATER SUPPLY
13. PERQUISITE – EDUCATION FACILITIES
14. PERQUISITE – MOTOR CAR
15. PERQUISITE – MEDICAL FACILITY
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________73
No.1 for CA/CWA & MEC/CEC MASTER MINDS
16. OTHER FRINGE BENEFITS 2
17. INTEREST ON LOANS
18. MOVABLE ASSET
19. PERQUISITE – TRAVELLING (OTHER THAN LTC)
20. PERQUISITE-FREE TRANSPERT
21. PERQUISITE-FREE MEALS, TEA & SNACKS
22. PERQUISITES-GIFTS, CREDIT CARD, CLUB
23. VALUE OF OTHER BENEFITS
24. VRS SEC – 10(10C) 4
25. RETRENCHMENT COMPENSATION SEC – 10(10B) 6
26. HRA SEC-10(13A)
27. GRATUITY SEC – 10(10)
28. LEAVE SALARY – SEC – 10(10AA)
29. PENSION SEC – 10(10A) 6
30. SPECIAL ALLOWANCES SEC – 10(14) 1
31. PROVIDENT FUNDS
32. VALUE OF LTC
33. DEDUCTIONS U/S – 16
34. TAX FREE SALARY
35. ALLOWANCES TO GOVT EMPLOYEES OUTSIDE
INDIA
Topic wise analysis of Past Exam papers of IPCC (Problems)
No. Chapter/Topic Name
M-05
TO
N-07
M-
08
N-
08
M-09
TO
M-10
N-
10
M-
11
N-
11
M-
12
1. RENT FREE ACCOMODATION
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
2. FURNISHED ACCOMODATION
3. HOTEL ACCOMODATION
4. SPECIFIED EMPLOYEE
5. CONCESSIONAL ACCOMODATION
6. INTEREST ON LOANS 6
7. MOTOR CAR FACILITY
8. MEDICAL FACILITY
9. MOVABLE ASSET
10. VRS
11. HRA 8
12. GRATUITY 4
13. LEAVE SALARY
6
14. PENSION
15. OTHER ALLOWANCES & PERQUISITES 6
16. COMPUTATION OF SALARY
(PERQ.+ ALLOWANCES) 8 8
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________74
Ph: 0863 – 22 42 355 www.gntmasterminds.com
4. INCOME FROM HOUSE PROPERTY
Topic wise analysis of Past Exam papers of IPCC (Theory)
No. Chapter/Topic Name M-05
TO
N-05
M-
06
N-
06
M-07
TO
M-10
N-
10
M-11
TO
N-11
M-
12
1. CHARGING SECTION – 22
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. EXCEPTIONS TO SEC.22
3. OWNERSHIP
4. DEEMED OWNER
5. CALCULATION OF GAV & NAV
6. DEDUCTION OF MUNICIPALITY TAXES
7. TYPES OF HOUSE PROPETIES
8. SELF OCCUPIED PROPERTY
9. LET OUT PROPERTY
10. DEEMED LET OUT PROPERTY
11. NEITHER SELF OCCUPIED PROPERTY NOR LET
OUT PROPERTY OR UNOCCUPIED
12. PARTLY SELF OCCUPIED PROPERTY & PARTLY
LET OUT PROPERTY
13. TDS SEC – 25
14. RECOVERY OF UOREALISED RENT 6 4
15. ARREARS OF RENT RECEIVED 1
16. DEDUCTIONS U/S – 24
17. CO-OWNERSHIP SEC – 26
18. COMPOSITE RENT
19. HOUSE PROPERTY IN A FOREIGN COUNTRY 4
20. HOUSE PROPERTY IN DISPUTED OWNERSHIP
Topic wise analysis of Past Exam papers of IPCC (Problems)
No. Chapter/Topic Name M-05
TO
N-07
M-
08
N-08 M-
09
N-09 M-10
TO
M-12
1. DEEMED OWNER
NO QUESTIONS GIVEN
2
NO QUESTIONS GIVEN
2. DEDUCTIONS UNDER SECTION-24 6
3. CALUCULATION OF GAV & NAV
4. SELF OCCUPIED PROPERTY (SOP)
5. LET OUT PROPERTY (LOP)
6. DEEMED LET OUT PROPERTY (DLOP)
7. NEITHER SELF OCCUPIED PROPERTY OR LET OUT
PROPERTY OR UNOCCUPIED
8. PARTLY SELF OCCUPIED PROPERTY & PARTLY LET
OUT PROPERTY 9
9. CO-OWNERSHIP 6
10. COMPOSITE RENT
11. CALUCULATION OF PCPI&CURRENT YEAR INTEREST
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________75
No.1 for CA/CWA & MEC/CEC MASTER MINDS
5. INCOME FROM BUSINESS OR PROFESSION -1
Topic wise analysis of Past Exam papers of IPCC (Theory)
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-09
TO
M-11
N-
11
M-
12
1. CHARGING SECTION – 28 9
NO QUESTIONS GIVEN
2. METHOD OF ACCOUNTING 4
3. MODE OF INCOME COMPUTATION
4. EXPENSES RELATING TO BUILDING
5. EXPENSES RELATING TO P&M, FURNITURE
6. DEPRECIATION 2
7. COMPUTATION OF WDV OF THE
BLOCK OF ASSETS 1
8. ACTUAL COST – SEC-43(1)
9. ADDITIONAL DEPRECIATION ON
NEW P&M 8 1
10. PROVISION FOR UNABSORBED
DEPRECIATION 6
11. EXPENSES ON SCIENTIFIC RESEARCH
12. INHOUSE RESEARCH
13. CONTRIBUTIONS
14. UNABSORBED CAPITAL EXPENDITURE
15. ACQUISITION OF COPYRIGHT PATENT /
KNOW HOW
16. LICENSE FOR TELECOMMUNICATION
SERVICES
17. DEDUCTION OF CAPITAL EXPENDITURE 1 4
18. CONTRIBUTION TO RURAL
DEVELOPMENT PROGRAM 6
19. AMORTISATION OF PRELIMINARY
EXPENSE
20. EXPENSES IN CASE OF AMALGAMATION
/ DEMERGER
21. VRS COMPENSATION 2
22. OTHER DEDUCTIONS 4 1 4 2
23. RESIDUARY SECTION (SEC-37)
24. ADVERTISEMENT SEC – 37(2B)
25. DISALLOWANCES IN CASE OF ALL
ASSESSES 2 4 4
26. INCOME DIVIDEND RECEIVED BY
DEALER IN SHARES 2
27. SEC-35AC 4
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________76
Ph: 0863 – 22 42 355 www.gntmasterminds.com
Topic wise analysis of Past Exam papers of IPCC (Problems)
No. Chapter/Topic Name
M-05
TO
N-05
M-
06
N-
06
M-
07
N-
07
M-08
TO
M-10
N-
10
M-
11
N-
11
M-
12
1. CALCULATION OF AMOUNT OF
DEPRECIATION
NO PROBLEMS GIVEN
8
NO PROBLEMS GIVEN
8
2. DEDUCTION UNDER SECTION-35 6 7 4 8
3. DEDUCTION UNDER SECTION-35AD 8
4. INCOME CHARGEBLE TO AN
INDIVIDUAL 7
5. INCOME UNDER PGBP (IFOS,
DEDUCTIONS) 10
6. INCOME FROM BUSINESS OR PROFESSION -2
Topic wise analysis of Past Exam papers of IPCC (Theory)
No. Chapter/Topic Name
M-05
TO
N -05
M-
06
N-
06
M-
07
N-07
TO
N-09
M-
10
N-10
TO
M-11
N-
11
M-
12
1. ASSESSMENT OF FIRMS
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. INTEREST (PARTNERSHIP FIRM)
3. REMUNERATION TO PARTNERS
4. BEST JUDGEMENT ASSESSMENT SEC – 184
5. CHARGEABILITY OF INCOME-IN
PARTNER’S HANDS
6. UDREASONABLE EXPENDITURE SEC –
40A(2)
7. CASH PAYMENT >20000 SEC-40A(3) 2 4
8. PRAVISION OF GRATUITY – SEC.40A(7)
9. CONTRIBUTION TO URPF – SEC.40A(9)
10. DEEMED PROFITS SEC-41
11. REFUND OF EXPENDITURE – SEC.41(1)
12. SALE OF ASSETS USED FOR SCIENTIFIC
RESEARCH
13. BAD DEBTS SEC – 41(4)
14. SPECIAL RESERVE SEC – 41(4A)
15. SET OFF SEC – 41(5)
16. DEDUCTION BASED ON ACTUAL PAYMENT
17. MAINTENANCE OF BOOKS OF ACCOUNTS
18. TAX AUDIT
19. PRESUMPTIVE TAX SEC-44 AD 2
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________77
No.1 for CA/CWA & MEC/CEC MASTER MINDS
20. SEC-44AE – GOODS TRANSPORT BUSINESS
21. SEC – 44B – SHIPPING
22. SEC – 44BB – MINERALS
23. SEC – 44BBA – AIRCRAFT
24. SEC – 44BBB – FOREIGN COMPANY
25. SEC – 44A – TRADE, PROFESSIONAL /
SIMILAR ASSOCIATION
26. BUSINESS REORGANISATION SEC-44DB
27. SEC – 44DA 6
Topic wise analysis of Past Exam papers of IPCC (Problems)
No. Chapter/Topic Name M-
05
N-05
TO
N-06
M-
07
N-07
TO
N-10
M-
11
N-
11
M-
12
1. BOOKPROFIT&CALUCULATION OF
REMUNERATION
NO PROBLEMS
GIVEN
NO PROBLEMS
GIVEN
5
2. DEDUCTION UNDER SECTION -43B 2
3. INCOME UNDER SECTION -44BBA 8
4. INCOME UNDER SECTION -44AE 6 8
5. INCOME UNDER PRESUMPTIVE BASIS 2
6. TAX LIABILITY IN THE HANDS OF LLP 8
7. CAPITAL GAINS
Topic wise analysis of Past Exam papers of IPCC (Theory)
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-07
TO
M-08
N-
08
M-
09
N-
09
M-
10
N-
10
M-11
TO
M-12
1. CHARGING SECTION – 45(1)
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. LONG TERM CAPITAL ASSET
3. SHORT TERM CAPITAL ASSET
4. COST OF ACQUISITION
5. SEC-49(1) PREVIOUS OWNER
6. FAIR MARKET VALUE
7. COST OF ACQUISITION IN SPECIAL
CATEGORY ASSETS
8. FORFEITURE OF ADVANCE
9. COST OF IMPROVEMENT
10. INDEXED COA & COI
11. TAX ON LONG TERM CAPITAL GAINS
12. CAPITAL GAINS EXEMPT U/S – 10(33)
13.
SEC-10(37) COMPULSORY
ACQUISITION OF URBAN
AGRICULTURAL LAND
2
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________78
Ph: 0863 – 22 42 355 www.gntmasterminds.com
14. SCE-10(38) LTCG WHEN STT PAID
15. SEC-111A TAX ON STCG 1
16. PROVISO’S TO SEC-48 1
17. SEC – 45(1A)
18. SEC – 45(2)
19. SEC – 45(3) 1
20. SEC – 45(4) DISTRIBUTION ON
DISSOLUTION
21. SEC – 45(5) COMPULSORY
ACQUISITION
22. SEC – 46A BUY BACK
23. SEC – 50 CG IN CASE OF DEPRECIABLE
ASSETS
24. SEC – 50A SALE OF ASSETS BY POWER
SECTORS
25. SEC – 50B SLUMP SALE 6
26. SEC – 50C SPECIAL PROVISIONS IN
CONSIDERATION
27. SEC – 47 EXCEPTIONS TO TRANSFER
28. SEC – 55A VALUATION OFFICER 3
29. SEC – 54 SERIES 4 2
30. ZERO COUPON BONDS 4
31. TRANSFER SEC – 2(47) 1
32. REVERSE MORTGAGE 3
33. CALCULATION OF PERIOD OF HOLDING 4
Topic wise analysis of Past Exam papers of IPCC (Problems)
No. Chapter/Topic Name M-05
TO
N-05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. CAPITAL ASSET SEC-2(14)
NO PROBLEMS GIVEN
2
2. LONG TERM CAPITAL GAIN
SEC-112 5
3. SEC-45(4)DISTRIBUTION OF
ASSETS(LIQUIDATION)
4. SEC-45(5)COMPULSORY
ACQUISITION 4
5. SEC-10(37)COMPULSORYACQ.OF
URBAN AGRI LAND 4
6. PROVISION FOR COMPUTATION
OF CONSIDERATION 6
7. SLUMPSALE,COMPUTATION
OF CAPITALGAINS 5
8. FORRFEITURE OF ADVANCE,CG 8
9. CAPITAL GAINS-IN CASE OF
REVERSE MORTGAGE 3
10. SEC-50C+ SEC-54 EC
(INVESTMENT IN BONDS) 8
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________79
No.1 for CA/CWA & MEC/CEC MASTER MINDS
11. SEC-50,51,54EC 10 6 8 8
12. EXEMPTION UNDER SECTION -
54GA 8
13. SEC-55A,COMPUTATION OF
CAPITALGAINS 9 4
8. INCOME FROM OTHER SOURCES
Topic wise analysis of Past Exam papers of IPCC (Theory)
No. Chapter/Topic Name M-05 N-05 M-06
N-06
TO
M-12
1. CHARGING SECTION – 56(1) 6
NO QUESTIONS GIVEN
2. METHOD OF ACCOUNTING SEC-145
3. INCOME CHARGEABLE UNDER IFOS SEC-56(2) 1
4. MOVABLE & IMMOVABLE PROPERTY-TRANSFER
5. INCOME CHARGEABLE IF NOT U/S – 28
6. INCOME CHARGEABLE IF NOT U/S - 15
7. INCOME CHARGEABLE IF NOT UNDER OTHER HEADS
8. EXPENSES DEDUCITBLE UNDER IFOS 1
9. INADMISSABLE EXPENDITURE
10. TAXABILITY ON WINNINGS FROM LOTTERIES ETC.
11. INCOME SUBJECT TO TDS – GROSSING UP
12. TAXABILITY OF DIVIDEND 2
13. DEEMED INCOME
14. EXEMPTION OF INTEREST INCOME – SEC – 10(15)
15. EXEMPTION OF ALLOWANCES TO MP’S & MLA’S
16. DIVIDEND STRIPPING SEC – 94(7) 4
Topic wise analysis of Past Exam papers of IPCC (Problems)
No. Chapter/Topic Name M-05
TO
M-09
N-
09
M-10
TO
N-10
M-
11
N-11
TO
M-12
1. SEC-56(2) (GIFTS)
NO
PROBLEMS
GIVEN
NO
QUESTIONS
GIVEN
4
NO
PROBLEMS
GIVEN
2. INCOME CHARGEABLE- IF NOT UNDER
OTHER HEADS
6
3. EXEMPTIONS
4. CALCULATION OF INCOME FROM OTHER
SOURCES
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________80
Ph: 0863 – 22 42 355 www.gntmasterminds.com
9. CLUBBING PROVISIONS
Topic wise analysis of Past Exam papers of IPCC (Theory)
No. Chapter/Topic Name
M-05
TO
M-06
N-06 M-07
N-07
TO
M-12
1. TRANSFER OF INCOME WITHOUT TRANSFER OF ASSET
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. REVOCABLE TRANSFER SEC – 63
3. EXCEPTIONS TO REVOCABLE TRANSFER SEC – 62
4. REMUNERATION TO SPOUSE – 64 (1) (ii)
5. GIFT TO SPOUSE – 64(1) (iv)
6. GIFT / TRANSFER TO SON’S WIFE – 64 (1) (vi)
7. GIFT TO PERSON BENEFIT TO SPOUSE 2
8. GIFT TO PERSON BENEFIT TO SON’S WIFE
9. INCOME OF MINOR CHILD SEC– 64(1A)
10. CONVERTION OF SELF OCCUPIED PROPERTY – SEC – 64(2) 4
11. LEVY & COLLECTION OF TAX SEC - 65
Topic wise analysis of Past Exam papers of IPCC (Problems)
No. Chapter/Topic Name M-
05
N-
05
M-06
TO
M-07
N-
07
M-
08
N-08
TO
N-11
M-
12
1. TRANSFER OF INCOME WITHOUT TRANSFER OF
ASSET
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
2. REVOCABLE TRANSFER
3. EXCEPTIONS TO REVOCABLE TRANSFER
4. REMUNERATION TO SPOUSE SEC-64(1)(ii)
5. GIFT TO SPOUSE SEC-64(1)(iv)
6. GIFT TRANSFER TO SON’S WIFE SEC-64(1)(vi)
7. GIFT TO PERSON-BENEFIT TO SPOUSE-64(1)(vii)
8. GIFT TO PERSON-BENEFIT TO SON’S WIFE-64(1)(viii)
9. INCOME OF A MINOR CHILD-SEC-64(1A) 7 5 4
10. CONVERSION OF SELF OCCUPIED PROPERTY
64(2)
11. LEVY & COLLECTION OF TAX SEC-65
12. SEC-64(1)(ii),64(IA)-CALCULATION OF INCOME 8
13. SEC-60,64(IA),64(1)(ii), 64(1)(iv) 8
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________81
No.1 for CA/CWA & MEC/CEC MASTER MINDS
10. DEEMED INCOME
Topic wise analysis of Past Exam papers of IPCC (Theory)
No. Chapter/Topic Name
M-05
TO
N-08
M-09
N-09
TO
M-12
1. CASH CREDITS SEC – 68
NO QUESTIONS
GIVEN
NO QUESTIONS
GIVEN
2. UN EXPLAINED INVESTMENTS SEC – 69
3. UN EXPLAINED MONEY, JEWELLARY SEC – 69A
4. NOT FULLY DISCLOSED SEC – 69B 4
5. UN EXPLAINED EXPENDITURE SEC – 69C
6. AMOUNT BORROWED / REPAID BY HUNDI SEC-69D
11. SET OFF AND CARRY FORWARD OF LOSSES
Topic wise analysis of Past Exam papers of IPCC (Theory)
No. Chapter/Topic Name M-
05
N-
05
M-06
TO
N-06
M-
07
N-
07
M-08
TO
M-09
N-
09
M-10
TO
M-12
1. INTRAHEAD SET OFF SEC – 70
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. INTERHEAD SET OFF SEC – 71 1
3. C/F OF HOUSE PROPERTY LOSS SEC – 71B
4. LOSS UNDER PGBP SEC – 72
5. SPECULATION BUSINESS LOSS SEC – 73 4
6. S/O & C/F OF LOSSES BY SPECIFIED BUSINESS
7. LOSSES UNDER CAPITAL GAINS
8. LOSS FROM OWNING & MAINTAINING RACE
HORSES
9. RECONSTITUTION OF FIRMS & SUCCESSION
OF ANY PERSON 4 3
10. LOSSES INCURRED BY A PRIVATE COMPANY
11. LOSS RETURNS
12. AMALGMATION OF A FIRM INTO COMPANY 4
13. DEMERGER / GRADUATION OF A FIRM INTO
CO.
14. CONVERSION OF PRIVATE CO.TO LLP
15. AMALGAMATION OF BANKING COMPANY
16. BUSINESS REORGANISATION OF CO-
OPERATIVE BANKS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________82
Ph: 0863 – 22 42 355 www.gntmasterminds.com
Topic wise analysis of Past Exam papers of IPCC (Problems)
No. Chapter/Topic Name M-05
TO
N-06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-11
TO
M-12
1. INTRAHEAD SET OFF
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
2. INTERHEAD SET OFF
3. CARRY FORWARD OF HOUSE
PROPRTY LOSS
4. LOSS UNDER PGBP
5. SPECULATION BUSINESS LOSS
6
6
6. S/O & C/F OF LOSSES BY SPECIFIED
BUSINESS
7. LOSSES UNDER CAPITAL GAINS
8. LOSS FROM – OWNING &
MAINTAINING RACE HORSES
9. RECONSTITUTION OF FIRM-
SUCCESSION OF ANY PERSON 9
10. LOSSES INCURRED BY A PRIVATE
COMPANY
11. LOSS RETURNS
12. AMALGAMATION OF A FIRM INTO
COMPANY
13. DEMERGER OF A FIRM INTO
COMPANY
14. GRADUATION OF A FIRM INTO
COMPANY
15. CONVERSION OF PRIVATE CO. INTO
LLP
16. AMALGAMATION OF BANKING
COMPANY
17. BUSINESS REORGANISATION OF
COOPERATIVE BANKS
18. COMPREHENSIVE PROBLEMS 10 5 8
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________83
No.1 for CA/CWA & MEC/CEC MASTER MINDS
12. DEDUCTIONS UNDER CHAPTER -VI A
Topic wise analysis of Past Exam papers of IPCC (Theory)
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-07
TO
M-08
N-
08
M-09
TO
M-12
1. SEC-80A
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. SEC-80B
3. SEC-80AB
4. SEC-80C DEDUCTIONS FOR PAYMENTS 2 2 2
5. SEC-80CCC ANNUITY
6. SEC-80CCD-PENSION CONTRIBUTION
7. SEC-80CCF-INFRASTRUCTURE BONDS
8. SEC-80D MEDI CLAIM POLICY
9. SEC-80DD-MEDICAL TREATMENT OF
HANDICAPPED DEPENDENT
10. SEC-80DDB-MEDICAL TREATMENT FOR
SPECIFIED DIESEASES
11. SEC-80E-REPAYMENT OF LOAN FOR
HIGHER EDUCATION 2 1 6
12. SEC-80G-DEDUCTION IN CASE OF
DONATIONS
13. SEC-80GG-RENT PAID
14. SEC-80GGA-DONATIONS FOR SCIENTIFIC
RESEARCH
15. SEC-80GGB-CONTRIBUTION BY CO. TO
POLITICAL PARTY 4
16. SEC-80GGC-CONTRIBUTION BY ANY
PERSON TO POLITICAL PARTY
17. OFF SHORE BANKING UNITS SEC-80 LA
18. COLLECTING&PROCESSING
BIODEGRADABLE WASTES
19. EMPLOYMENT OF WORKMEN
20. INCOME OF CO-OPERATIVE SOCIETY
21. DEDUCTION FOR DEVELOPMENT OF SEZ
22. DEDUCTION FOR ROYALTY INCOME
23. DEDUCTION FOR ROYALTY ON PATENTS
24. DEDUCTION OF A PERSON WITH DISABILITY 2 4
25. SEC-80AC 2
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________84
Ph: 0863 – 22 42 355 www.gntmasterminds.com
Topic wise analysis of Past Exam papers of IPCC (Problems)
No. Chapter/Topic Name M-
05
N-
05
M-06
TO
M-07
N-
07
M-
08
N-
08
M-
09
N-09
TO
M-12
1. SEC-80A
NO PROBLEMS GIVEN
NO PROBLEMS GIVEN
2. SEC-80B
3. SEC-80AB
4. SEC-80C-DEDUCTION FOR PAYMENTS 7
5. SEC-80CCC-ANNUITY
6. SEC-80CCD-PENSION CONTRIBUTION 2
7. SEC-80CCF-INFRASTRUCTURE BONDS
8. SEC-80D-MEDI CLAIM POLICY 3
9. SEC-80DD-MEDICAL TREATMENT OF
DEPENDENT HANDICAPPED
10. SEC-80DDB-MEDICAL TREATMENT-SPECIFIED
DIESEASES
11. REPAYMENT OF LOAN-FOR HIGHER
EDUCATION
12. DEDUCTION IN RESPECT OF DONATIONS
13. RENT PAID SEC-80GG
14. DONATIONS FOR SCIENTIFIC RESEARCH, RURAL
DEVELOPMENT
15. CONTRIBUTION BY COMPANY TO POLITICAL
PARTY
16. CONTRIBUTION BY ANY PERSON TO POLITICAL
PARTY
17. OFF SHORE BANKING UNITS
18. COLLECTING & PROCESSING OF
BIODEGRADABLE WASTES
19. EMPLOYMENT OF NEW WORKMEN
20. INCOME OF COOPERATIVE SOCIETY 2
21. DEDUCTION FOR DEVELOPMENT OF SEZ
22. DEDUCTION FOR ROYALTY INCOME
23. DEDUCTION FOR ROYALTY ON PATENTS
24. DEDUCTION OF A PERSON WITH DISABILITY
25. SEC-80AC
13. RELIEF
Topic wise analysis of Past Exam papers of IPCC (Problems) No. Chapter/Topic Name M-05 TO N-08 M-09 N-09 TO M-12
1. SEC – 89(1) RELIEF NO PROBLEMS GIVEN 7 NO PROBLEMS GIVEN
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________85
No.1 for CA/CWA & MEC/CEC MASTER MINDS
14. PROBLEMS ON TOTAL INCOME
Topic wise analysis of Past Exam papers of IPCC (Problems)
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. SURCHARGE 2
2. UNDER WHICH HEADS
– IS INCOME TAXABLE 4
3. CALCULATION OF TAX
LIABILITY 6
4. ALL HEADS OF INCOME
TAX ON TOTAL INCOME 20 20 20 20 16 16 8 5 8
5.
SALARIES + OTHER
SOURCES +
DEDUCTIONS
15 15 20
6.
HOUES PROPERTY +
CAPITAL GAINS _ S/O &
C/F
16
7. CAPITAL GAINS +
OTHER SOURCES 6 6 9 8
8. HUF – TOTAL INCOME 20 8
9. PGBP + OTHER
SOURCES 7
15. RETURN OF INCOME
Topic wise analysis of Past Exam papers of IPCC (Theory)
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. VOLUNTARY RETURN 5 2 4
2. OBLIGATORY RETURNS
3. LOSS RETURN 2 1
4. BELATED RETURN 3
5. REVISED RETURN 1 1 1
6. DEFECTIVE RETURN 1
7. RETURN OF TRUSTS
8. RETURNS OF POLITICAL
PARTIES
9.
RETURNS BY
INSTITUTIONS /
ASSOCIATION
2
10. RETURN OF INCOME
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________86
Ph: 0863 – 22 42 355 www.gntmasterminds.com
11. FILLING OF BULK RETURN
BY SALARIED EMPLOYEES
12. FILLING TO COMPUTER
READABLE MEDIA
13. PAN 6 2 4
14. TAX RETURN PREPARER 4 4
15. POWER OF BOARD
DISPENSED WITH
DOCUMENT SEC-139C
16. RETURN IN E-FORM
SEC-139D
17. SELF ASSESSMENT TAX
18. RETURN TO BE SIGNED
BY WHOM 6 2 4 2
19. E-PAYMENT OF TAX
20. SEC-148 1
21. SEC-143(1) 4
22. SEC-143(2) 2
23. SEC-139(6) 4
16. ADVANCE TAX AND INTEREST
Topic wise analysis of Past Exam papers of IPCC (Theory)
No. Chapter/Topic Name
M-05
TO
M-07
N-07 M-08 N-08 M-09
N-09
TO
M-12
1. MANNER OF COMPUTATION
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. NON / LATE FILING OF RETURN 4
3. FOR DEFAULT IN PAYMENT OF TAX
4. FOR DEFERMENT OF ADVANCE TAX 4
5. SHORT PAYMENT OF ADVANCE TAX – (CG)
6. DUEDATES FOR PAYMENT OF TAX – COMPANIES 4 4
7. DUEDATES - INDIVIDUALS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________87
No.1 for CA/CWA & MEC/CEC MASTER MINDS
17. TAX DEDUCTED AT SOURCE
Topic wise analysis of Past Exam papers of IPCC (Theory)
No. Chapter/Topic Name
M-05
TO
N-06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. SALARY – TDS SEC-192
NO QUESTIONS GIVEN
2. INTEREST SECURITIES SEC-193 2
3. DIVIDEND SEC-194
4. INTERST OTHER THAN INT. ON
SECURITEIES 4
5. WINNINGS FROM LOTTERIES SEC-194B
6. WINNINGS FROM HORSE RACES
SEC-194BB
7. TDS ON CONTRACTS SEC-194C 2
8. TDS ON INSURANCE COMMISSION
SEC-194D
9. TDS ON INCOME IN GAMES IN
INDIA FOR PARTICIPATIONS
10. TDS ON SUM IN NSS ACCOUNT SEC-
194EE
11. AMOUNT RECEIVED ON
REPURCHASE OF UNITS
12. COMMISSION/PRICE > 2500 SEC-
194G
13. COMMISSION/PRICE > 25000 SEC-
194H
14. RENT-TDS SEC-194 I 4
15. FEES FOR TECHNICAL SEVICES SEC-194 J
16. ACQUISITION OF IMMOVABLE
PROPERTY 194LA
17. INTERST/SUM OTHER THAN
SALARIES SEC-195
18. GOVT/RBI/CORPORATIONS SEC-196
19. NATURE OF TDS & YEAR OF CREDIT
20. CREDIT FOR TAX DEDUCTED SEC-199
21. CERTIFICATE FOR LOWER RATE / NO
TDS 4
22. ISSUE OF CERTIFICATE OF TDS TO
RECEIPIENTS
23. RESPONSIBILITIES ATTACHED TO TDS 4 3 4
24. TCS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________88
Ph: 0863 – 22 42 355 www.gntmasterminds.com
Chapter wise analysis of Past Exam papers of IPCC in the subject of SERVICE TAX
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. INTRODUCTION TO
SERVICE TAX 5 2 7 2 5 2 2 4 4
2. TAXABLE SERVICES 6 10 10 15 14 5 15
3. VALUATION 11 3 6 2 6 2 4 2 4.5
4. EXPORTS & IMPORTS
OF SERVICES 3
5.
GENERAL EXEMPTIONS
FROM SERVICE TAX &
SSP
2 4 5 4 0.5
6. GENERAL PROCEDURES 10 12 2 8 4 8 5 8 10 16 8.5
7. ASSESSMENT 6 2 3 2 3 5 4
Topic wise analysis of Past Exam papers of IPCC
1. INTRODUCTION TO SERVICE TAX
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1.
NEED FOR
INTRODUCTION OF
SERVICE TAX
2. EVALUATION OF SERVICE
TAX
3. CONSTITUTIONAL BACK
GROUND
4. ADMINISTRATION OF
SERVICE TAX LAW 4
5. APPLICABILITY OF
GEOGRAPTICAL AREA 3 2 2 4
6. FEATURES OF SERVICE
TAX
7. THE INCIDENCE FOR LEVY
AND COLLECTION OF S.T 2
8. EXCEPTIONS TO THE
GENERAL RULE (POT)
9. CLASSIFICATION OF
SERVICES
10. STATUTES GOVERNING
SERVICE TAX 3
11. SEZ
12. S.T NOT RECEIVED FROM
CLIENT, SHOULD IT BE PAID
2 2 2 2
13. NATURE OF SERVICE TAX 2
14. CHARGE OF SERVICE TAX 3
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________89
No.1 for CA/CWA & MEC/CEC MASTER MINDS
2. TAXABLE SERVICES
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. CARGO HANDILING
SERVICES 4
2. COACHING & TRAINING
INSTITUTIONS 2 2 4 5 5 0.5
3. RECRUITMENT &
SUPPLY OF LABOURS 5
4. HOTEL SERVICES 4
5. INFORMATION
TECHNOLOGY SERVICES 5 5
6. LEGAL CONSULTANCY
SERVICES 8
7. TOURS & PACKAGES 8
8. CONSULTING ENGINEER
SERVICES 3 0.5
9. RENTING OF HOUSE
PROPERTY 3
10. MANDAP KEEPER
SERVICES 4.5
11.
SCIENTIFIC &
TECHNICAL
CONSULTANCY
SERVICES
0.5
12. CHARTERD
ACCOUNTANT SERVICES 4
13. APPEARANCE BEFORE
COURT OF LAW 2
3. VALUATION
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. VALUATION OF TAXABLE
SERVICES 2 0.5
2.
VALUE OF MATERIAL
SOLD-ALLOWED AS
DEDUCTION
3.
VALUE OF TAXABLE
SERVICE-CONSIDERATION
NOT IN CASH
4.
CONSIDERATION IN
DETERMINATION OF
VALUE
2 3
5. SERVICE SPECIFIC
INCLUSIONS 3 2 4
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________90
Ph: 0863 – 22 42 355 www.gntmasterminds.com
6. SERVICE SPECIFIC
EXCLUSIONS
7. SERVICE TAX RULES, 2006
8.
CONDITIONS INCIDENTAL
TO PAYMENT OF SERVICE
TAX
9. CALCULATION OF S.T
LIABILITY 6 3 6 3 4
10. SERVICE TAX TO BE PAID
AFTER DEDUCTING
INOCME TAX?
2
4. EXPORTS & IMPORTS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. EXPORT OF SERVICES 3
2. IMPORT OF SERVICES
3. REBATE IN RESPECT OF
SERVICE TAX PAID
5. GENERAL EXEMPTION FROM SERVICE TAX & SSP
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. CONDITIONS - FOR SSP 4 0.5
2.
EXEMPTIONS RELATED
TO SERVICES BY PUBLIC
AUTHORITIES
2
3. ALTERNATE RATE OF
TAXES
4. GENERAL EXEMPTIONS
TO ALL SERVICES 2 3 4
6. GENERAL PROCEDURES
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1.
PROCEDURE FOR
REGISTRATION OF
SERVICE TAX
4
2. SERVICE TAX CODE
NUMBER 4
3. LIABLE FOR
REGISTRATION 2 3
4. DOCUMENTS REQUIRED
FOR REGISTRATION
5. MULTIPLE
REGISTRATIONS 3 2
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________91
No.1 for CA/CWA & MEC/CEC MASTER MINDS
6.
PROCEDURE FOR
CHANGES IN EXISTING
CERTIFICATIONS
7. PROCEDURE FOR
SURRENDER – ROC
8. DUEDATES FOR PAYMENT
OF SERVICE TAX 3 3 3 0.5
9.
LIABILITY OF SRVICE
PROVIDER – EXCESS
COLLECTION OF TAX
10. PROVISIONAL
ATTACHMENT OF
PROPERTY
11. PROVISIONS-EXCESS PAID
BY ASSESSEE 3 2 4 2
12. E-PAYMENT OF SERVICE
TAX 2 8
13. ADVANCE PAYMENT OF
SERVICE TAX 4
14. E-FILING OF RETURNS 2 4
15. DEFINITIONS
16. TIME LIMIT FOR ISSUE OF
AN INVOICE
17. DOCUMENTS REQUIRED
ALONG WITH RETURNS 2 3 3
18. PROCEDURE FOR FILING
SERVICE TAX TETURNS 2 4 4
19. PENAL PROVISIONS –
DELAYED STR 2 3
20. SERVICE TAX TETURN
PREPARES SCHEME
21. DUEDATES FOR FILING
STR 2 4
22. PERSONS LIABLE TO FILE
STR 2
23. MAINTAINANCE OF
BOOKS BY ASSESSEE 2
7. ASSESSMENT
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. SELF ASSESSMENT
2.
CONDITIONS FOR
PROVISIONAL
ASSESSEMENT
2 4
3. PROVISIONS AS TO
SHOW CAUSE NOTICE
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________92
Ph: 0863 – 22 42 355 www.gntmasterminds.com
4. DEPOSIT OF EXCESS
DUTY
5.
INTEREST ON
AMOUNTS IN EXCESS
OF DUTY
6. PAYMENT OF INTEREST
ON DUTY DEMANDED
7. PENALTY FOR FAILURE
TO PAY TAX
8. LEVY OF PENALTY FOR
SUPPRESSION
Chapter wise analysis of Past Exam papers of IPCC in the subject of VAT
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. VAT INTRODUCTION
4 10 10 2 5 5 7 4 8 16 9.5
2.
CONCEPTS OF INPUT
TAX CREDIT UNDER
VAT
3 6 3 11 14 19 9 5 15
3.
SMALL DEALERS &
COMPOSITION
SCHEME
2 8 4
4. VAT PROCEDURE 3 9 2 2 4 4 4.5
5. VAT IN SPECIAL
TRANSACTIONS
Topic wise analysis of Past Exam papers of IPCC
1. VAT INTRODUCTION
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. VAT-PURPOSE & BASIS
2. OPERATIONS OF VAT
3. DIFFERENT STAGES OF
VAT 3 3 2
4. OBJECTIVES FOR
INTRODUCING VAT 4
5. FEATURES OF VAT 4 0.5
6. DEFINITIONS
7. VARIANTS OF VAT 3 2 2 4 4 4 6
8. METHODS FOR
COMPUTATION OF VAT 2 3 3 2 4
9. ADVANTAGES OF VAT 2 4 3 2 2 5 1
10. LIMITATIONS OF VAT 2 4
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________93
No.1 for CA/CWA & MEC/CEC MASTER MINDS
2. CONCEPTS OF INPUT TAX CREDIT UNDER VAT
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. INPUT TAX AND OUTPUT
TAX
2. INPUT TAX CREDIT 4 1.5
3.
ELIGIBLE & NON
ELIGIBLE PURCHASES
FOR INPUT CREDIT
6 3 3 4
4. INPUT TAX CREDTI ON
CAPITAL GOODS
5. VAT INVOICE & ITS
CONTENTS 3 2 4 0.5
6.
CALCULATION OF
INVOICE VALUE AND
VAT
3 4
7. CALCULATION OF VAT
PAYABLE 3 5 5 5 8
8.
CALCULATION OF INPUT
TAX CREDTI, VAT AT ALL
STAGES
8 8
9.
CALCULATION OF
ELIGIBLE PURCHASES,
INPUT CREDIT, VAT
5
3. SHALL DEALERS & COMPOSION SCHEME
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. COMPOSITION SCHEME 2 4 4
2.
RECORDS TO BE
MAINTAINED BY
REGISTERED DEALER
4
4. VAT PROCEDURES
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. REGISTRATION (LIABLE) 2 0.5
2. APPLICATION FOR
REGISTRATION
3. CANCELLATION OF
REGISTRATION 2
4. TIN & USES OF TIN
5. RETURN FILING
PROCEDURE 3
6. DEMAND ASSESSMENT 4 4
7. CROSS CHECKING 2
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Taxation______________94
Ph: 0863 – 22 42 355 www.gntmasterminds.com
8. NEED FOR AUDIT OF TAX
PAID
9. TAX RATES UNDER VAT 4
10. AUDITOR’S ROLE TO
ENSURE TAX PAYERS
DISCHARGE TAX
3
11. CA’S ROLE IN HANDLING
OF VAT AUDIT 4
5. VAT IN SPECIAL TRANSACTION
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. VAT & WORKS
CONTRACT
2. VAT & LEASE
TRANSACTIONS
3. VAT & HIRE PURCHASE
TRANSACTIONS
THE END
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Accounts-2___________95
No.1 for CA/CWA & MEC/CEC MASTER MINDS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Accounts-2___________96
Ph: 0863 – 22 42 355 www.gntmasterminds.com
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Accounts-2___________97
No.1 for CA/CWA & MEC/CEC MASTER MINDS
Topic wise analysis of Past Exam papers of IPCC
1. UNDERWRITING
No. Chapter / Topic
Name
M-
05
N-
05
M-06
TO
M-07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-11
TO
M-12
1. Calculation of
Underwriters liability
16
NO QUESTIONS GIVEN
4 2 4 5
NO QUESTIONS GIVEN 2. Journal Entries to
Underwriting
3. Calculation of
amounts to
Underwriters
4. Calculation of
Commission payable 2
5. Firm Underwriting 2
6. Partial Underwriting
2. AMALGAMATION_II
No. Chapter/Topic Name M-
05
N-
05
M-06
TO
N-07
M-
08
N-08
TO
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. Purchase Method + Payments
Method 16 20
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
16
2. Merger Method + Intrinsic
Value Method 16 16
3. Merger Method + Payments
Method 16
4. Preparation of Balance Sheet
without Liquidating the company 16
3. INTERNAL RECONSTRUCTION_II
No. Chapter/Topic Name M-05 TO N-09 M-
10
N-
10
M-
11 N-11 TO M-12
1. Journal Entries, Reconstruction A/c
and Balance sheet
NO QUESTIONS
GIVEN 16 16 16
NO QUESTIONS
GIVEN
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Accounts-2___________98
Ph: 0863 – 22 42 355 www.gntmasterminds.com
4. ISSUE & REDEMPTION OF DEBENTURES
No. Chapter/Topic Name
M-05
TO
M-07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. Journal Entries for Purchases and
Cancellation
NO QUESTIONS GIVEN
4 5 5
2. Calculation of cost of acquisition 2
3. Calculation of No. of shares
allotted 2 4
4. Balance Sheet after Redemption
of debentures 16
5. Conversion of debentures into
equity (Theory Question) 2
6. Ledger Accounts 8
5. LIQUIDATION OF COMPANIES
No. Chapter/Topic Name
M-05
TO
M-08
N-08 M-09 N-09 M-10 N-10 M-11 N-11 M-12
1. Liquidator’s Final Statement 8 8 8
2. Calculation of amount
of preference creditors 4
3. Calculation of amount of
contributories 8
4. Note on ‘B’ list contributors 4
6. ACCOUNTING FOR EMPLOYEE SHARE BASED PAYMENTS
No. Chapter/Topic Name M-05 TO M-09 N-09 M-10 N-10 M-11 N-11 M-12
1. Journal Entries NO QUESTIONS
GIVEN 2 4 4 4 4
7. ACCOUNTING FOR BUY BACK OF SHARES
No. Chapter/Topic Name M-05 TO N-11 M-12
1. Journal Entries in Balance Sheet NO QUESTIONS
GIVEN 8
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Accounts-2___________99
No.1 for CA/CWA & MEC/CEC MASTER MINDS
8. PARTNERSHIP ACCOUNTS-II
No. Chapter/Topic Name
M-05
TO
N-05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. Dissolution of the firm
NO QUESTIONS GIVEN
6 16 16
2. Amalgamation / Sale /
Conversion of firms 16 16 20 8 8 16 16
3. Insolvency of Partners
(Theory) 2
4. Piece meal payments
and its types 2
5. Gurner Vs Murray rule 4
6. Relative Surplus
Capital Method 16
9. INSURANCE COMPANY ACCOUNTS
No. Chapter/Topic Name
M-
05
TO
N-05
M-
06
N-
06
M-
07
TO
N-07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. Revenue Account – LIC
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. Revenue Account – GIC 4 8 8 8
3. Valuation Balance Sheet 8 4
4. Journal Entries (Reserve) 8
5. Calculation of Premium
and Claims amount 2 8
6. Reserve for unexpired
Risks (Theory) 2
7. Calculation of Profit 2
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Accounts-2___________100
Ph: 0863 – 22 42 355 www.gntmasterminds.com
10. BANK ACCOUNTS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. Profits and Loss Account 16 8 8 16
2. Balance Sheet
3. Calculation of Provisions
for doubtful debts 2 6 5 5
4. Bills for collection
account 4 8
5. Entries – Rebate on bills
discounted 8 8 8
6. Value of Risk –
Adjusted asset 2
7. Schedules 4
8. Tier – I and II Capitals 8 8
9. Cash credit – when is out
of order? 2
11. ELECTRICITY COMPANIES
No. Chapter/Topic Name
M-05
TO
N-08
M-
09 N-09
M-
10 N-10
M-
11 N-11
M-
12
1. Amount to be capitalized and to
Revenue Account
NO QUESTIONS
GIVEN
8
4 8 8
2. Prepare Plant A/c and
Replacement A/c
3. Calculation of Reasonable Return 16
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Accounts-2___________101
No.1 for CA/CWA & MEC/CEC MASTER MINDS
12. DEPARTMENTAL ACCOUNTS
No. Chapter/Topic Name
M-05
TO
M-09
N-09 M-10 N-10 M-11 N-11 M-12
1. Calculation of Stock Reserve
NO
QUESTION
S GIVEN 2
2. Calculation of Departmental Profits 8
3. Departmental Trading Account 5 8
4. Memorandum Stock Account
13. BRANCH ACCOUNTS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. Trading, Profit and Loss
Method, Balance Sheet 16 8
2. Stocks Debtors /
Analytical Method 16
8
3. Dependent Branches
4. Debtors / Synthetic
Method 8
5. Foreign Branches 16 2 16
6. Independent Branches
7. Calculation of Branch
Profit 4
8. Entries (GIT & CIT)
(Rectifications) 2 2 5
9.
Goods involved
before sending to
Branch (Theory)
4
THE END
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________102
Ph: 0863 – 22 42 355 www.gntmasterminds.com
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________103
No.1 for CA/CWA & MEC/CEC MASTER MINDS
Topic wise analysis of Past Exam papers of IPCC
1. INTRODUCTION TO AUDITING
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. AUDITING VS.
ACCOUNTING
2. OBJECTIVES OF AN
AUDIT
3. GENERAL PURPOSE OF
FINANCIAL STATEMENTS 4
4. FRAUD & ERROR
5. TYPES OF ERRORS IN
ACCOUNTS 2
6.
CONDITIONS THAT
INCREASE FRAUD &
ERROR
7. STATUTORY AUDIT VS.
NON STATUTORY AUDIT
8. ASPECTS TO BE
COVERED IN AUDIT
9. INDEPENDENCE OF AN
AUDITOR 2 2
10. QUALITIES OF AN IDEAL
AUDITOR 2
11. BASIC PRINCIPLES
GOVERNING AUDIT 10 5 10 8
12. LETTER OF
ENGAGEMENT 5 8 5 4
13. AUDIT VS.
INVESTIGATION
14. ADVANTAGES OF
INDEPENDENT AUDIT 8
15. SURPRISE CHECK 4 4
16. TYPES OF AUDITS
REQUIRED UNDER LAW 5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________104
Ph: 0863 – 22 42 355 www.gntmasterminds.com
2. CONCEPTS OF AUDITING
No. Chapter/Topic Name M-
05
N-
05
M-06
TO
N-06
M-
07
N-
07
M-08
TO
N-08
M-
09
N-
09
M-10
TO
N-10
M-
11
N-
11
M-
12
1. AUDITING TECHNIQUES
NO QUESTIONS GIVEN
5 2
NO QUESTIONS GIVEN
2
NO QUESTIONS GIVEN
4
2. PRINCIPLES VS.
TECHNIQUES OF AUDITING
3. FINAL AUDIT
4. CONTINUOUS AUDIT
5.
FUNDAMENTAL
ACCOUNTING
ASSUMPTIONS
6. GOING CONCERN CONCEPT 4
7. ACCRUAL CONCEPT
8. AUDITING IN DEPTH 5 2
9. ANALYTICAL REVIEW TEST
10. RELIANCE ON ANALYTICAL
PROCEDURES
11. INHERENT LIMITATIONS OF
AUDIT 8 8
12. MATERIALITY
13. TRUE & FAIR VIEW 8
14. CONSIDERATIONS
GOVERNING SELECTION OF
ACCOUNTING POLICIES
15. DISCLOSURE OF
ACCOUNTING POLICIES
16. CHANGES IN ACCOUNTING
POLICIES 8
17. AREAS WHERE
ACCOUNTING POLICIES ARE
ENCOUNTERED
5 6
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________105
No.1 for CA/CWA & MEC/CEC MASTER MINDS
3. AUDIT EVIDENCE
No. Chapter/Topic Name M-
05
N-
05
M-06
TO
N-06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. AUDIT EVIDENCE
NO QUESTIONS GIVEN
2.
SUFFICIENT &
APPROPRIATE AUDIT
EVIDENCE
6
3. TYPES OF AUDIT
EVIDENCE
4. INTERNAL & EXTERNAL
EVIDENCE 2 4 2
5. RELIABILITY STANDARDS
OF AUDIT EVIDENCE 5 4
6. AUDIT PROCEDURES &
AUDIT TECHNIQUES 2
7. METHODS TO OBTAIN
AUDIT EVIDENCE 8
8. DUTIES OF AUDITOR ON
AUDIT EVIDENCE
9. AUDIT RISK & ITS
ASSESSMENT 2 2 2 2 2
10. AUDIT PROCEDURES TO
OBTAIN AUDIT EVIDENCE 8 10 5
11. INHERENT RISK AT
FINANCIAL STATEMENTS 5
12. THIRD PARTY
CONFIRMATIONS 2
4. AUDIT PREPARATION
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. AUDIT PROGRAMME 5 4 4
2. INSTRUCTIONS TO
CLIENT BEFORE START OF
AUDIT
4
3. AUDIT NOTE BOOK 5
4. WORKING PAPERS 4 6 2 2 5 4 4
5. CHARACTERSTICS OF
WORKING PAPERS
6. TEST CHECK 2
7. PRECAUTIONS TO BE
TAKEN BEFORE CHECK
TEST
6
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________106
Ph: 0863 – 22 42 355 www.gntmasterminds.com
8. TRANSACTIONS NOT
SUITABLE FOR TEST
CHECKING
9. ADVANTAGES OF TEST
CHECK
10. LIMITATIONS OF TEST
CHECK
11. ELEMENTS OF SAMPLING 5 4 4 4
5. CAPITAL & REVENUE EXP., DEP. & RESERVES
No. Chapter/Topic Name M-
05
N-05
TO
N-06
M-
07
N-
07
M-
08
N-
08
M-09
TO
N-09
M-
10
N-
10
M-
11
N-
11
M-
12
1. CAPITAL EXPENDITURE
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
2. REVENUE EXPENDITURE 4
3. CAPITAL & REVENUE
EXPENDITURE
4. DEFERRED REVENUE
EXPENDITURE
5. MEANING AND PURPOSE OF
DEPRECIATION
6. ICAI RECONMMENDATIONS
REGARDING DEPRECIATION
7. CHANGE THE METHOD OF
DEPRECIATION
8. PREOVISIONS RELATING TO
DEPRECIATION 2 8
9. DEPRECIATION VS.
FLUCTUATION
10. IMPAIRMENT OF ASSETS 5
11. TYPES OF RESERVES 4 8
12. SECRET RESERVES 2
13. WINDOW DRESSING
14. SPECIFIC RESERVE
15. GENERAL VS. SPECIFIC
RESERVE
16. CAPITAL RESERVE VS. RESERVE
CAPITAL
17. RESERVES & PROVISIONS 5 5
18. DIVIDENDS OUT OF PROFIT
&TRANSFER OF RESERVES
19. DIVIDEND EQUALISATION
RESERVE
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________107
No.1 for CA/CWA & MEC/CEC MASTER MINDS
6. COMPANY AUDITOR
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. APPOINTMENT OF
AUDITOR 5 4 2 4 2 2 9
2. APPOINTMENT OF
AUDITOR BY PASSING 2 2 6
3.
APPOINTMENT OF
AUDITOR OF
GOVERNMENT COMPANY
4. DURATION OF AUDITOR’S
OFFICE 3
5.
QUALIFICATIONS &
DISQUALIFICATIONS OF
AUDITOR
14 2 6 10
6. REAPPOINTMENT OF
RETIRING AUDITOR. 5 5
7. AUDITORS
REMUNERATION
8. RIGHTS / POWERS OF
AUDITOR 5 2 2
9.
CAN A COMPANY
RESTRICT RIGHTS OF
AUDITOR
10. DUTIES OF AUDITOR 5 2
11. FILLING UP OF CASUAL
VACANCES 4 2
12.
DUTIES OF AN AUDITOR
IN WHICH HIS RELATIVES
HAVE SUBSTANTIAL
INTEREST
2
13. APPOINTMENT OF
AUDITOR IN PLACE OF
RETIRING AUDITOR
6
14. REMOVAL OF AUDITOR
BEFORE EXPIRY OF OFFICE 4 6 5
15. TYPES OF AUDIT REPORTS
16. QUALIFIED REPORT 5 14 8 5
17. ADVERSE REPORT 2 4
18. CLEAN REPORT
19. AUDIT REPORT & AUDIT
CERTIFICATE
20. PROVISIONS RELATING TO
SIGNING AUDIT REPORT
21. AUDITOR’S LIEN 8 2
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________108
Ph: 0863 – 22 42 355 www.gntmasterminds.com
22. CEILING PRESURIBED ON
NUMBER OF AUDITS 4 2
23.
RESPONSIBILITY OF THE
AUDITOR FOR NON
DETECTION OF FRAUD &
ERROR
24. BASIC ELEMENTS OF
AUDITOR’S REPORT 8 8 7
25. DESCLAIMER OF OPENION 2 2 2 2 4
26. DIRECOTORS
RESPONCIBILITY
STATEMENTS
5
27. SECTION 209 OF
COMPANIES ACT 4 4
28. RELATED PARTY
DISCLOSURE 6
29. SUPERVISION OF AUDIT
WORK 5
30.
MATTERS WHICH ONLY
SHAREHOLDERS
SANCTION AT GENERAL
MEETING
4
7. Miscellaneous Matters in CoMPANY Audit
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-06
TO
M- 07
N-
07
M-
08
N-08
TO
N -10
M-
11
N-
11
M-
12
1. PROVISIONS RELATING TO BRANCH AUDIT
NO QUESTIONS GIVEN
2 2
NO QUESTIONS GIVEN
2. PAYMENT OF INTEREST OUT OF CAPITAL 5 5
3. SPECIAL AUDIT 3
4. JOINT AUDIT 4 2 2 8 5
5. COST AUDIT 4
6. COST VS. FINANCIAL AUDIT
7. SPECIAL VS. COST AUDIT
8. INDUSTRIES COVERED BY COST AUDIT
RULES
9. PROVISIONS IN THE MATTER OF BOOKS
OF ACCOUNTS
10. INSPECTION OF BOOKS OF ACCOUNTS
11. FORM & CONTENTS OF BALANCE SHEET &
PROFIT & LOSS A/C
12. PROVISIONS RELATING TO BOARD’S
REPORT
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________109
No.1 for CA/CWA & MEC/CEC MASTER MINDS
13. STATUTORY REPORT 4
14. MOA, AOA, PROSPECTUS, CONTRACTS
15. EVENTS OCCURING AFTER BALANCE
SHEET DATE
16. PRIOR PERIOD ITEMS, EXTRA ORDINARY
ITEMS ETC.
8. SPECIAL AUDIT
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. AUDIT OF ACCOUNTS OF
SOLE PROPRIETOR 8
2. AUDIT OF PARTNERSHIP
FIRM’S BOOKS 5
3.
DUTIES & RESPONSIBILITIES
IN AUDIT OF SMALL
COMPANIES
4
4. AUDIT OF EDUCATIONAL
INSTITUTIONS 6 8
5. AUDIT OF CLUB 8 8
6. AUDIT OF CINEMA THEATRE 10 8
7. AUDIT OF HOSPITAL 6 8
8. AUDIT OF HOTELS 10 6 5
9. AUDIT OF CHARITABLE
INSTITUTION
10. AUDIT OF HIRE PURCHASE
TRANSACTIONS
11. PROCEDURAL ASPECTS –
LEASING TRANSACTIONS
12. AUDIT OF LEASING
COMPANY
13. AUDIT OF INCOMPLETE
RECORDS
14. LOCAL BODIES & THEIR
AUDIT 5
15. FEATURES OF FINANCIAL
ADMIN.OF LOCAL BODIES
16. AUDIT OF NGO’S & THEIR
INCOME 12 5 4
17. AUDIT OF LIMITED
COMPANY 8
18. AUDIT OF AMUSEMENT
PARK 4
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________110
Ph: 0863 – 22 42 355 www.gntmasterminds.com
9. GOVERNMENT AUDIT
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-08
TO
M-09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. GOVERNMENT AUDITING
NO QUESTIONS GIVEN
2
2. AUDIT OF GOVERNMENT
EXPENDITURE 8 8 6 5 4 8
3. BASIC STANDARDS
4. AUDIT OF RECEIPTS
5. POWERS & DUTIES OF C & AG 8 5 5 7
6. AUDIT OF STORES & STOCKS
7. AUDIT OF COMMERCIAL
ACCOUNTS
8. INDEPENDENCE OF C & AG
OF INDIA
9. STATUTORY VS. PROPRIETY
AUDIT
10. EDP AUDIT
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1.
AUDITING IN
COMPUTERISED
ENVIRONMENT
8 5 6
2. DESIGN & CHARACTERISTICS
OF FDP SYSTEMS 4
3. NATURE OF PROCESSING
IN EDP ENVIRONMENT
4. ADVANTAGES OF CAAT 10 6 8
5.
COMPUTERISED A/C
VS.CONVENTIONAL
SYSTEM
6.
SCOPE & OBJECTIVE OF
AUDIT DOES NOT
CHANGE IN EDP
2
7. CONTROLS IN EDP
ENVIRONMENT
8. INTERNAL CONTROLS
MAY BE REVIEWED IN EDP
9. RELIABILITY OF INTERNAL
CONTRO IN CLS 6 5
10. AUDIT TRAIL IN EDP
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________111
No.1 for CA/CWA & MEC/CEC MASTER MINDS
11.
PROBLEMS IN SHIFTING
FROM MANUAL TO
COMPUTERISED
ACCOUNTING
8
12. INSTALLATION OF
COMPUTERISED
OPERATING SYSTEM
13. AUDIT IN EDP IS EASY AS
TRIAL BALANCE TALLIES 5
11. AUDIT OF SHARE CAPITAL
No. Chapter/Topic Name
M-
05
TO
N-05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. AUDIT OF ISSUE OF SHARE
CAPITAL
NO QUESTIONS GIVEN
5
2. VERIFICATION OF SHARES
ISSUED FOR CASH
3.
VERIFICATION OF SHARES
ISSUED FOR OTHER THAN
CASH
4. VERIFICATION OF SHARES
ISSUED AT PREMIUM
5. VERIFICATION OF SHARES
ISSUED AT DISCOUNT 5 2
6. VERIFICATION OF SWEAT
EQUITY SHARES
7. AUDIT OF BUY BACK OF
SHARES
8. VERIFICATION OF CALLS
PAID IN ADVANCE
9. VERIFICATION OF CALLS IN
ARREARS
10. VERIFICATION OF OPTION
ON SHARE CAPITAL
11. VERIFICATION OF
ALTERATION OF SHARE
CAPITAL
12. VERIFICATION OF
REDUCTION OF SHARES 5 8
13. VERIFICATION OF REISSUE
OF FOR FEITED SHARES 4 2 2
14. VERIFICATION OF BONUS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________112
Ph: 0863 – 22 42 355 www.gntmasterminds.com
SHARES
15. SHARE TRANSFER AUDIT
16. POWERS OF COMPANY TO
PURCHASE ITS OWN
SHARES
5 8
12. AUDIT OF DEBENTURES & DIVIDENDS
No. Chapter/Topic Name M-05
TO
M-09
N-09
M-10
TO
N-10
M-11 N-11 M-12
1. VERIFICATION OF ALLOTMENT OF DEBENTURES
NO QUESTIONS GIVEN
NO QUESTIONS GIVEN
8
2. ISSUE OF DEBENTURES AT
PAR/PREMIUM/DISCOUNT
3. PREMIUM PAID FOR REDEMPTION OF DEBENTURES
4. VOUCHING OF INTEREST ON DEBENTURES
5. REISSUE OF REDEEMED DEBENTURES 4
6. DEBENTURES AS COLLATERAL SECURITY
7. AUDIT OF DIVIDEND
8. PROVISIONS – DECLARATION OF INTERIM
DIVIDEND 2
13. AUDIT OF CASH TRANSACTIONS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-10
TO
M-
11
N-
11
M-
12
1. VOUCHING & ITS
OBJECTIVES 4
NO QUESTIONS GIVEN
2. ASPECTS TO BE LOOKED IN
EXAMINING A VOUCHER
3. VOUCHING IS AN ESSENCE
OF AUDIT
4. VOUCHING VS.
VERIFICATION
5. VOUCHING OF PAYMENT
OF INCOME TAX 5
6. VOUCHING OF SALES TAX
7. VOUCHING OF TRAVELLING
EXPENSES 4
8. VOUCHING OF REPAIRS TO
ASSETS
9. VOUCHING OF R & D
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________113
No.1 for CA/CWA & MEC/CEC MASTER MINDS
EXPENDITURE
10. VOUCHING OF
ADVERTISEMENT EXPENSES 4 5
11. VOUCHING OF SELLING
AGENT’S COMMISSION 4
12. VOUCHING OF
REMUNERATION TO
DIRECTORS
13. VOUCHING OF DIRECTORS
SITTING FEES
14. VOUCHING OF INSURANCE
PREMIUM 4
15. VOUCHING OF EXCISE DUTY
16. VOUCHING OF CUSTOMS
DUTY 5
17. VOUCHING OF CLEARING
CHARGES
18. VOUCHING OF WAGES TO
SEASONAL LABOUR 4 6
19. VOUCH / VERIFY LOSS OF
STOCK BY THEFT
20. VERIFICATION OF CASH
SALES 5
21. VOUCHING OF COLLECTION
FROM DEBTORS
22.
VOUCHING OF EXPENSE
INCURRED FOR
PROMOTION OF A
PRODUCT
23. VOUCHING OF BALANCES
WITH EXCISE AUTHORITY
24. VOUCHING OF
PRODUCTION INCENTIVE
PAID TO WORKERS
5
25. VOUCHING OF BAD DEBT 5
26. VOUCHING OF RENTAL
RECEIPTS 5
27. VOUCHING OF ROYALTY
RECEIVED
28. VOUCHING OF INTEREST
RECEIVED ON LOANS
29. VOUCHING OF INSURANCE 5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________114
Ph: 0863 – 22 42 355 www.gntmasterminds.com
CLAIMS RECEIVED
30. VOUCHING OF INSURANCE
PREMIUM PAID
31. VOUCHING OF SALE OF SCARP 5
32. VOUCHING OF SALE
PROCEEDS OF JUNK
MATERIAL
33. REFUND OF INCOME TAX
34. VOUCHING OF SALE OF
INVESTMENTS 4
35. VOUCHING OF SALE OF ASSETS
36. VOUCHING OF RECOVERY
OF BAD DEBTS 5
37.
VOUCHING OF GRANT
RECEIVED FOR
REIMBURSEMENT OF
REVENUE EXPENDITURE
38. VOUCHING OF RECEIPT OF
CAPITAL SUBSIDY 5
39. VOUCHING OF SPECIAL
BACKWARD AREA SUBSIDY
FROM GOVERNMENT
40. SIGNIFICANCE OF BRS
41. VOUCHING OF RETIREMENT
GRATUITY 5 6
14. AUDIT OF TRADING TRANSACTIONS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-08
TO
M-09
N-
09
M-
10
N-
10
M-
11
N-11
TO
M-12
1. FACTORS THAT DETERMINE
GROSS PROFIT 12 2
NO QUESTIONS GIVEN
10 8
NO QUESTIONS GIVEN
2. PROCEDURE FOR AUDIT OF
CERDIT PURCHASES 4
3. PROCEDURE FOR AUDIT OF
CERDIT SALES 4 4
4. AUDIT OF EMPTIES &
GUNNIES
5. AUDIT OF CONSIGNMENT
SALE 4
6. AUDIT OF GOODS SENT OUT 5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________115
No.1 for CA/CWA & MEC/CEC MASTER MINDS
ON SALE OR RETURN BASIS
7. VOUCHING OF ADVANCES TO
SUPPLIERS 5 5
8. MEANING OF THE TERM “CUT
OFF PROCEDURE” 2 4 5 4
9. SCRUTINY OF GENERAL
LEDGER 4
10. AUDIT OF BOUGHT LEDGER
HAVING DEBIT BALANCE 4
11. EXAMPLES OF FRAUD DONE
IN BOUGHT & SALES LEDGER 8
15. VERIFICATION & VALUATION OF ASSETS
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. VERIFICATION OF
PLANT & MACHINERY
2. VERIFICATION OF
FURNITURE &
FIXTURES
3. VERIFICATION OF
MOTOR VEHICLES
4
4. VERIFICATION OF
BUILDINGS
4
5. VERIFICATION OF
LEASE HOLD PROPERTY
5 4
6. VERIFICATION OF
LOOSE TOOLS
7. VERIFICATION OF
FIXED ASSETS ABROAD
8. VERIFICATION OF
SHIPS
9. VERIFICATION OF
RAILWAY SIDINGS
10. VERIFICATION OF LIVE
STOCK
11.
VERIFICATION OF
LOANS GIVEN AGAINST
THE SECURITY OF
LAND
4
12. VERIFICATION OF
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________116
Ph: 0863 – 22 42 355 www.gntmasterminds.com
LOANS AGAINST THE
SECURITY OF GOODS
13. VERIFICATION OF
ASSETS - HIRE
PURCHASE
5
14. VERIFICATION OF
INVESTMENTS
4 4 2 2
15. VERIFICATION OF
CASH IN HAND
4
16. VERIFICATION OF
CASH AT BANK
5
17.
VERIFICATION OF
INVESTMENT IN
SHARES &
DEBEBTURES OF
SUBSIDIARY
18. INVESTMENT IN
CAPITAL OF A
PARTNERSHIP FIRM
19. VERIFICATION OF
CASH IN TRANSIT
20. VERIFICATION OF BILLS
RECEIVABLE
21.
VERIFICATION OF
DISCOUNTED BILLS
RECEIVABLE
DISHONOURED
4
22. VERIFICATION OF
PREPAID EXPENSES
23.
VERIFICATION OF
LAND HOLDINGS IN
CASE OF REAL ESTATE
DEALERS
24. VERIFICATION OF
WORK IN PROGRESS
4 5 5 2
25. VERIFICATION OF
BOOK DEBTS
5 8
26. VERIFICATION OF
STOCK IN TRADE
4
27. ANALYTICAL REVIEW
PROCEDURES IN CASE
OF INVENTORY
6 4 2 5 4
28. VERIFICATION OF
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________117
No.1 for CA/CWA & MEC/CEC MASTER MINDS
GOODS SENT ON
CONSIGNMENT
29.
VERIFICATION OF
SUNDRY DENTORS
INCLUDE CHARGES
MADE FOR
RETURNABLE PACKING
CASES
30. VERIFICATION OF
GOODWILL
4
31. VERIFICATION OF
PATENT RIGHTS
32. VERIFICATION OF
COPY RIGHTS
5
33. VERIFICATION OF
TRADE MARKS
34.
VERIFICATION OF
ADVANCE GIVEN TO A
DIRECTOR OF A
COMPANY
35. VERIFICATION IN
COMPLETION OF
CONTRACTS
36. VERIFICATION OF
ENDOWMENT
POLICIES
37. VERIFICATION OF
PRELIMINARY
EXPENSES
5 4
38. VALUATION & ITS
OBJECTIVES
39. VERIFICATION VS.
VALUATION OF ASSETS
40. AUDITORS DUTIES IN
VALUATION
41. PRINCIPLES OF
VALUATION OF ASSETS
42. VALUATION OF STOCK
IN TRADE &
INVESTMENTS
43. FIXED ASSETS VS.
CURRENT ASSETS
5 4
44. PHYSICAL 4
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________118
Ph: 0863 – 22 42 355 www.gntmasterminds.com
VERIFICATION OF
FIXED ASSETS AT
REASONABLE
INTERVALS
45. VERIFICATION OF
GOODS LYING WITH
THIRD PARTY
4 5
16. VERIFICATION OF LIABILITIES
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-10
TO
N-11
M-
12
1. VERIFICATION OF TRADE
CREDITORS 5
NO QUESTIONS GIVEN
2. VERIFICATION OF
OUTSTANDING LIABILITIES 2
3. VERIFICATION OF LOAN
TAKEN FROM BANKS 5
4. VERIFICATION OF LOAN ON
MORTAGE OF PROPERTY
5.
VERIFICATION OF AMOUNT
DUE TO SUBSIDIARY
COMPANY
4
6. VERIFICATION OF BILLS
PAYABLE
7. VERIFICATION OF
DEBENTURES
8. VERIFICATION OF
CONTINGEBT LIABILITY 5 5 2 3
9.
VERIFICATION OF
PROVISION FOR INCOME
TAX
10. VERIFICATION OF
PROVISION FOR
DEPRECIATION
5
11. VERIFICATION OF
PROPOSED DIVIDENDS 5
12. VERIFICATION OF PAYMENT
OF INTERIM DIVIDENDS
8
13. VERIFICATION OF
DEFERRED TAX LIABILITY
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________119
No.1 for CA/CWA & MEC/CEC MASTER MINDS
14. VERIFICATION OF FOREIGN
CURRENCY LOAN FOR
PURCHASE OF ASSET
15. VERIFICATION OF BANK
OVERDRAFRT 5
17. INTERNAL CONTROL
No. Chapter/Topic Name M-
05
N-
05
M-
06
N-
06
M-
07
N-
07
M-
08
N-
08
M-
09
N-09
TO
M-10
N-
10
M-
11
N-
11
M-
12
1. FEATURES OF GOOD
INTERNAL CONTROL
SYSTEM
2 6
NO QUESTIONS GIVEN
2. INTERNAL CONTROL &
ITS USES 2
3. LIMITATIONS OF
INTERNAL CONTROL
SYSTEM
7
4. REVIEW OF INTERNAL
CONTROL SYSTEM
5. IC QUESTIONNARE & IC
EVALUATION 5 4
6. INTERNAL CHECK 8 6 8
7. INTERNAL AUDIT 8
8. USEFULNESS OF
INTERNAL AUDIT
9. INDEPENDENCE OF
INTERNAL AUDITOR 4 2
10. STEPS TO ASSESS
INTERNAL AUDIT
FUNCTION
11. RELY ON INTERNAL
AUDIT REPORT BY
STATUTORY AUDITOR
12. RELATION BETWEEN
STATUTORY & INTERNAL
AUDITOR
5
13. INTERNAL AUDIT VS.
STUATORY AUDIT
14. INTERNAL AUDIT VS.
INTERNAL CHECK
15. LETTER OF WEAKNESS /
MANAGEMENT 5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________120
Ph: 0863 – 22 42 355 www.gntmasterminds.com
IPCC Chapter / Topic wise Analysis of Past Exam Papers in Auditing_____________121
No.1 for CA/CWA & MEC/CEC MASTER MINDS
THE END
IPCC Chapter / Topic wise Analysis of Past Exam Papers in I.T & S.M._____________122
Ph: 0863 – 22 42 355 www.gntmasterminds.com
IPCC Chapter / Topic wise Analysis of Past Exam Papers in I.T & S.M._____________123
No.1 for CA/CWA & MEC/CEC MASTER MINDS
Topic wise analysis of Past Exam papers of IPCC
1. INTRODUCTION TO COMPUTERS
No. Chapter/Topic Name M-05
N-05
M-06
N-06
M-07
N-07
M-08
N-08
M-09
N-09
M-10
N-10
M-11
N-11
M-12
1. GENERATIONS OF
COMPUTERS
2. TYPES OF COMPUTERS
3.
ADVANTAGES &
LIMITATIONS OF
COMPUTERS
4
4. BASIC COMPONENTS OF A
COMPUTER
5. CPU-MEANING, FEATURES
& COMPONENTS 6
6. MOTHER BOARD –
MEANING & COMPONENTS
7. BUS – MEANING & TYPES 2
8. DIFFERENT TYPES OF
STORAGE
9. CONCEPTS RELATING TO
RAM
10. CONCEPTS RELATING TO
ROM
11. BUBLE & FLASH MEMORY
12. FACTORS DETERMINING
STORAGE CAPACITY
13. WORM DISCS & OTHER
DISCS 5
1. ONE/TWO MARK
QUESTIONS 1 1 2 1 3 4 3 1 2 4 2 2 2
2. DIFFERENCES 8 10 2
2. INPUT & OUTPUT DEVICES
No. Chapter/Topic Name M-05
N-05
M-06
N-06
M-07
N-07
M-08
N-08
M-09
N-09
M-10
N-10
M-11
N-11
M-12
1. VARIOUS INPUT
DEVICES
2. DISPLAY DEVICES
3. VIDEO CONTROLLER
IPCC Chapter / Topic wise Analysis of Past Exam Papers in I.T & S.M._____________124
Ph: 0863 – 22 42 355 www.gntmasterminds.com
4. TERMINALS -
MEANING & TYPES
5.
DIRECT DATA ENTRY
DEVICES - MICR, OCR,
OMR, BAR CODE
READER
5 5 4 4
6. SMART CARDS 5 2
7. SCANNERS & ITS
TYPES
8. DOCUMENT IMAGING 5 4
9. PRINTERS & ITS TYPES
10. OTHER OUTPUT
DEVICES (SPEAKERS
ETC)
1. ONE/TWO MARK
QUESTIONS
1 2 2 1 2 2
2. DIFFERENCES 5 5
3. SOFTWARE
No. Chapter/Topic Name M-05
N-05
M-06
N-06
M-07
N-07
M-08
N-08
M-09
N-09
M-10
N-10
M-11
N-11
M-12
1. SOFTWARE –
MEANING & TYPES 5
2.
PROGRAMMING
LANGUAGES –
MEANING AND ITS
GENERATIONS
5 8
3. OBJECT ORIONTED
LANGUAGES 5 2
4.
OPERATING SYSTEM
– MEANING & ITS
FUNCTIONS
5 5
5. GRAPHICAL USER
INTERFACE (GUI)
6. DIFFERENT OSs
AVAILABLE
7. MS – WINDOWS 5
8.
MULTI
PROGRAMMING,
MULTITHREADING,
MULTI PROCESSING
5 5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in I.T & S.M._____________125
No.1 for CA/CWA & MEC/CEC MASTER MINDS
AND MULTI TASKING
9. VIRTUAL MEMORY
10. SPOOLING
11. UTILITY ROUTINES 4
12. LANGUAGE
TRANSLATORS 5 4
13. M.S. WORD &
SPREAD SHEET
14. DECISION SUPPORT
SYSTEMS 5 5 5 4
15. ARTIFICIAL
INTELLIGENCE 5
16. EXPERT SYSTEMS 5 5 5 4
17. CAD/CAM 5
1. ONE/TWO MARK
QUESTIONS 2 2 2 2 2 2 2
2. DIFFERENCES 5 5
4. DATA STORAGE, RETRIEVAL & DBMS
No. Chapter/Topic Name M-05
N-05
M-06
N-06
M-07
N-07
M-08
N-08
M-09
N-09
M-10
N-10
M-11
N-11
M-12
1. DIFFERENT CODING
SYSTEMS 2
2. DIFFERENT TYPES OF
KEYS 2
3. FILE ORGANISATION
METHODS & FACTORS 5 5 5 4 4 4
4. DATA PROCESSING &
ACCESS METHODS 2
5.
LIMITATIONS OF
TRADITIONAL FILE
ORGANISATION
6 3
6. ADVANTAGES OF DATA
BASE 4
7. DIFFERENT D.B.
ARCHITECTURE 5 5 2
8. D.B. USERS AND
LANGUAGES 5 4 4
9. D.B.A. AND HIS
FUNCTIONS 5
10. VARIOUS DATA BASE
COMPONENTS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in I.T & S.M._____________126
Ph: 0863 – 22 42 355 www.gntmasterminds.com
11. CONCEPT OF DATA
DICTIONARY
/DIRECTORY
5
12. DIFFERENT TYPES OF
DATA BASE 10
13. SQL OF D.B. RETRIEVAL
14. DOCUMENTATION 6
15. CONCEPT OF PLMS 5
16. CONCEPT OF DATA
BACKUP & RECOVERY 5 5 5 4
17. CONCEPT OF DATA
WAREHOUSE 5 2 4
18. CONCEPT OF DATA
MINING 5
19. MISCELLANEOUS
(OTHERTHAN ABOVE) 10 5 6
1. ONE/TWO MARK
QUESTIONS 1 1 2 4 4 3 3 2 2 2
2. DIFFERENCES 4 8 5 2 2
5. COMPUTER NETWORKS AND NETWORK SECURITY
No. Chapter/Topic Name M-05
N-05
M-06
N-06
M-07
N-07
M-08
N-08
M-09
N-09
M-10
N-10
M-11
N-11
M-12
1. NETWORK – MEANING,
NEED AND BENEFITS 7
2.
LAN–MEANING,
FEATURES, NEED &
COMPONENTS
10 6 5 4
3. WAN – MEANING AND
FEATURES
4. VPN – MEANING AND
TYPES
5.
NETWORK
ARCHITECTURE & ITS
TYPES
6.
NETWORK
COMMUNICATION
DEVICES
5 5
7. NETWORK TOPOLOGY –
MEANING & TYPES 5 5 4
8.
DATA TRANSMISSION
METHODS, MODES AND
TECHNIQUES
9. TYPES OF 5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in I.T & S.M._____________127
No.1 for CA/CWA & MEC/CEC MASTER MINDS
COMMUNICATION
SERVICES
10. COMMUNICATION
SOFTWARE – MEANING
AND FUNCTIONS
5 5 4
11.
COMMUNICATION
PROTOCOLS – MEANING &
ITS TYPES (OSI MODEL,
TCP/IP)
5 5 2
12. CONCEPT OF ISDN 5
13. CONCEPT OF CLIENT
SERVER TECHNOLOGY 5 4 8
14. TYPES OF SERVERS 4
15. CONCEPT OF IDS
16.
DATA CENTERS –
MEANING, FEATURES,
SERVICES AND
COMPONENTS
5 5 5 5 5 3 5 4
17. BCP AND NETWORK
SECURITY 4
1. ONE/TWO MARK
QUESTIONS 1 2 1 3 1 1 1 1 2 2
2. DIFFERENCES. 4 4 10 10 5
6. INTERNET & EMERGING TECHNOLOGIES
No Chapter/Topic
Name M-05
N-05
M-06
N-06
M-07
N-07
M-08
N-08
M-09
N-09
M-10
N-10
M-11
N-11
M-12
1.
INTERNET –
MEANING AND
ITS BENEFITS
4
2.
WWW AND
PUSH
TECHNOLOGY.
5
3.
E MAIL –
MEANING AND
FEATURES
5
4.
INTRANET –
MEANING,
FEATURES AND
BENEFITS
5
5.
EXTRANET –
MEANING,
FEATURES AND
BENEFITS
5
IPCC Chapter / Topic wise Analysis of Past Exam Papers in I.T & S.M._____________128
Ph: 0863 – 22 42 355 www.gntmasterminds.com
6.
E COMMERCE –
MEANING &
ADVANTAGES
10
7.
B 2 B & B 2 C
TYPES OF E-
COMMERCE
8.
CRM –
MEANING &
TYPES
4
9.
SCM & SCEM –
MEANING AND
PROBLEMS
5 5 4
10.
EDI – MEANING,
ADVANTAGES
AND ITS
PROCESS
5 5 5 5 5 4
11. CONCEPT OF
EFT 5
12.
TRANSACTIONS
OF CREDIT
CARDS,
ELECTRONIC
CHEQUES AND
SMART CARDS
13.
CONCEPTS OF
M–COMMERCE,
BULETOOTH &
WI FI
5 5 2 4
14.
TOOLS THAT
ARE AVAILABLE
AGAINST
INTRUSION
5 4
15. MISCELLANEOUS
(OTHERTHAN
ABOVE)
5 5 7
1.
ONE/TWO
MARK
QUESTIONS
1 3 1 1 2 4 2
2. DIFFERENCES.
IPCC Chapter / Topic wise Analysis of Past Exam Papers in I.T & S.M._____________129
No.1 for CA/CWA & MEC/CEC MASTER MINDS
IPCC Chapter / Topic wise Analysis of Past Exam Papers in I.T & S.M._____________130
Ph: 0863 – 22 42 355 www.gntmasterminds.com
1. BUSINESS ENVIRONMENT
Topic wise analysis of Past Exam papers of IPCC
No. NAME OF THE TOPIC MTP-
1
MTP-
2
MTP-
3
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. CONSUMER VS.
CUSTOMER 2 2
2. MICHAEL PORTER’S 5-
FORCES MODEL 10 10 3
3. MICRO & MACRO
ENVIRONMENTAL
FACTORS
2 4 3
4. GLOBAL ENVIRONMENTAL
FACTOR 10 2 1 3
5. CHARACTERISTICS OF
BUSINESS
ENVIRONMENT
3
6. OBJECTIVES OF
BUSINESS 2 2
Analysis of Objective type questions in Past Exam papers of IPCC
No. TYPE OF QUESTION MTP-
1
MTP-
2
MTP-
3
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. 2 MARKS QUESTIONS 1
2. FILL IN THE BLANKS
3. DIFFERENCES 1
4. TRUE/ FALSE QUESTIONS 1 1 1 1 2 1 1
5. 1 MARK DEFINITIONS 1
6.
SHORT ANSWER
QUESTIONS (ABOVE 2
MARKS)
1 1 1 2 1
7. APPLICATION
ORIENTED QUESTIONS 1 2
2. STRATEGIC MANAGEMENT PROCESS
Topic wise analysis of Past Exam papers of IPCC
No. NAME OF THE TOPIC MTP-
1
MTP-
2
MTP-
3
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1.
STRATEGY &
STRATEGICMANAGEMENT
PROCESS
4 4 3
2. LEVELS OF STRATEGY 2 10 3 3
3. VISION 2 2 2 1 1
4. MISSION 2 2 4 1 1 3
5. OBJECTIVES VS. GOALS 2
6. IMPORTANACE OF
STRATEGIC MANAGEMENT 6 4 3
IPCC Chapter / Topic wise Analysis of Past Exam Papers in I.T & S.M._____________131
No.1 for CA/CWA & MEC/CEC MASTER MINDS
Analysis of Objective type questions in Past Exam papers of IPCC
No. TYPE OF QUESTION MTP-
1
MTP-
2
MTP-
3
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. 2 MARKS QUESTIONS 1 1 1
2. FILL IN THE BLANKS 2 1 1 1
3. DIFFERENCES 1 2
4. TRUE/ FALSE
QUESTIONS 1 1 1 1 1
5. 1 MARK DEFINITIONS 1
6. SHORT ANSWER
QUESTIONS (ABOVE
2 MARKS)
2 1 1 2 1
7. APPLICATION
ORIENTED QUESTIONS
3. STRATEGIC ANALYSIS
Topic wise analysis of Past Exam papers of IPCC
No. NAME OF THE TOPIC MTP-
1
MTP-
2
MTP-
3
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. SWOT ANALYSIS 10 10 2 2
2. BCG MATRIX 2 2 10 4 4
3. PRODUCT LIFE CYCLE 2 2 1 1
4. STRATEGIC GROUP
MAPPING 2 1 1
5. ANSOFF’S MATRIX 4 2
6. SITUATIONAL
ANALYSIS 4
Analysis of Objective type questions in Past Exam papers of IPCC
No. TYPE OF QUESTION MTP-
1
MTP-
2
MTP-
3
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. 2 MARKS QUESTIONS 1 1 1 2 2 1
2. FILL IN THE BLANKS 1 1
3. DIFFERENCES
4. TRUE/ FALSE
QUESTIONS 1 1 1 1
5. 1 MARK DEFINITIONS 1 2
6.
SHORT ANSWER
QUESTIONS (ABOVE 2
MARKS)
1 1 1 1 1 1
7. APPLICATION
ORIENTED QUESTIONS 1 1
IPCC Chapter / Topic wise Analysis of Past Exam Papers in I.T & S.M._____________132
Ph: 0863 – 22 42 355 www.gntmasterminds.com
4. STRATEGY FORMULATION
Topic wise analysis of Past Exam papers of IPCC
No. NAME OF THE TOPIC MTP-
1
MTP-
2
MTP-
3
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. PORTER’S GENERIC
STRATEGIES 10 1
2. GRAND STRATEGIES 10 2 1 1
3. DIVERSIFICATION
STRATEGY 2 2 4 2 5 3
4. RETRENCHMENT
STRATEGY 2 2 2 2 1 3
5. TURNAROUND
STRATEGY 10 2 4 2
6. MARKETING STRATEGIES 2 2 2 2 3 1 1 2
Analysis of Objective type questions in Past Exam papers of IPCC
No. TYPE OF QUESTION MTP-
1
MTP-
2
MTP-
3
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. 2 MARKS QUESTIONS 2 1 1 1 1 1 1 2
2. FILL IN THE BLANKS 1 1
3. DIFFERENCES 1 1 1
4. TRUE/ FALSE
QUESTIONS 2 1 2 1 1 1
5. 1 MARK DEFINITIONS 7 3 4 4
6.
SHORT ANSWER
QUESTIONS
(ABOVE 2 MARKS)
1 1 1 1 1 1
7. APPLICATION
ORIENTED QUESTIONS 1
5. STRATEGY IMPLEMENTATION AND CONTROL
Topic wise analysis of Past Exam papers of IPCC
No. NAME OF THE TOPIC MTP-
1
MTP-
2
MTP-
3
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1.
STRATEGY
FORMULATION VS.
IMPLEMENTATION
10 2 4 3
2. CORPORATE CULTURE 2 2 2 3 3 4
3. ORGANISATIONAL
STRUCTURES 2 2 4 3
4. CHANGE & LEADERSHIP 10 2 2 3 3
5. VALUE CHAIN ANALYSIS 2 2 3 1 2
IPCC Chapter / Topic wise Analysis of Past Exam Papers in I.T & S.M._____________133
No.1 for CA/CWA & MEC/CEC MASTER MINDS
Analysis of Objective type questions in Past Exam papers of IPCC
No. TYPE OF QUESTION MTP-
1
MTP-
2
MTP-
3
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. 2 MARKS QUESTIONS 1 1 1
2. FILL IN THE BLANKS
3. DIFFERENCES 1
4. TRUE/ FALSE
QUESTIONS 2 3 1 2 2 1 1
5. 1 MARK DEFINITIONS 1 1
6.
SHORT ANSWER
QUESTIONS
(ABOVE 2 MARKS)
1 1 1 4 1 4
7. APPLICATION
ORIENTED QUESTIONS 1 1
6. REACHING STRATEGIC EDGE
Topic wise analysis of Past Exam papers of IPCC
No. NAME OF THE TOPIC MTP-
1
MTP-
2
MTP-
3
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. BUSINESS PROCESS
REENGINEERING 2.5 10 2 1 4 3
2. BENCHMARKING 2 3 2.5 2 4 1
3. TOTAL QUALITY
MANAGEMENT 10 2 3 4
4. SIX SIGMA 2 2 10 2 2 3 3
5. E- COMMERCE 7 2
6. APPLICATION OF SM 2 2 3
Analysis of Objective type questions in Past Exam papers of IPCC
No. TYPE OF QUESTION MTP-
1
MTP-
2
MTP-
3
M-
07
N-
07
M-
08
N-
08
M-
09
N-
09
M-
10
N-
10
M-
11
N-
11
M-
12
1. 2 MARKS QUESTIONS 4 1 2
2. FILL IN THE BLANKS 1 1 1
3. DIFFERENCES 1
4. TRUE/ FALSE
QUESTIONS 1 1 1 1 1 1
5. 1 MARK DEFINITIONS 1 1
6.
SHORT ANSWER
QUESTIONS
(ABOVE 2 MARKS)
1 1 1 1 2 2
7. APPLICATION
ORIENTED QUESTIONS
THE END