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Accounting Terminology Video Lecture | Principles and Practice of Accounting - CA Foundation

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FAQs on Accounting Terminology Video Lecture - Principles and Practice of Accounting - CA Foundation

1. What is the CA Foundation exam?
Ans. The CA Foundation exam is the entry-level examination for aspiring chartered accountants in India. It is conducted by the Institute of Chartered Accountants of India (ICAI) and serves as a gateway to the Chartered Accountancy course.
2. How many papers are there in the CA Foundation exam?
Ans. The CA Foundation exam consists of four papers. The papers are as follows: 1) Principles and Practice of Accounting, 2) Business Laws and Business Correspondence and Reporting, 3) Business Mathematics and Logical Reasoning & Statistics, and 4) Business Economics and Business and Commercial Knowledge.
3. What is the eligibility criteria for appearing in the CA Foundation exam?
Ans. To be eligible for the CA Foundation exam, a candidate must have completed their 10+2 examination from a recognized board. Additionally, there are no restrictions on the age or percentage of marks obtained in the qualifying examination.
4. How can I prepare for the CA Foundation exam?
Ans. To prepare for the CA Foundation exam, it is important to have a thorough understanding of the syllabus and exam pattern. Candidates can refer to study materials provided by ICAI, practice with mock tests, and solve previous year's question papers. It is also recommended to join coaching classes or online courses for guidance and regular practice.
5. What is the passing criteria for the CA Foundation exam?
Ans. In order to pass the CA Foundation exam, a candidate must obtain a minimum of 40% marks in each paper and a minimum of 50% marks in aggregate of all papers. Additionally, there is a provision for exemption in a paper if a candidate scores a minimum of 60 marks out of 100.
68 videos|160 docs|83 tests
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