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Foundations in Accountancy Introductory Certificate - Exam Format and Question Types Showcase
Transcript of Foundations in Accountancy Introductory Certificate - Exam Format and Question Types Showcase
To outline the exam format
Foundations In Accountancy
The Foundations in Accountancy Introductory Certificate in Financial Management and Accounting
The Foundations in Accountancy Introductory Certificate consists of 2 exams:
To provide you with knowledge of:
Each Computer Based Exam (CBE):
is of 2 hours duration
Computer Based Exams (CBEs)
Exam Format and Question Types Showcase
What types of question are in the exams?
We hope that you found this information useful
Foundations in Accountancy
has a pass mark of 50%
is out of 100 marks
contains 50 questions
Introductory Certificate in Financial and Management Accounting
50 x 2 mark objective test questions (OTs)
Single short automatically marked questions
The type of OT contained in the exams is:
MA1 - Management Information
FA1 - Recording Financial Transactions
The FA1 & MA1 CBE exams contain:
You are required to choose one answer from a list of options by clicking on the appropriate radio button
We recommend that you visit the following related showcase:
FIA Certificate Level Exams - CBE Exam Experience and Features
How each question type is answered
How each question type is displayed
The types of question you will be presented with in the exam
Example Question Type
How to Answer?
Click on a radio button to select an answer from the choices provided
You can only select one answer from the choices provided
If you want to change your answer, click on your new choice and the first choice will be removed
You will be awarded:
zero marks if an incorrect answer is selected
full marks if the correct answer is selected
zero marks if the question is not answered
Introductory Certificate Structure
Foundations in Professionalism
Foundations in Accountancy Certificate candidates must also complete the Foundations in Professionalism (FiP) before they can receive any award