The Applied Knowledge exams are computer-based (CBE) and assess all areas of the curriculum. It will help you learn the underlying concepts relating to financial accounting and develop proficiency in techniques, such as double-entry accounting and the preparation of basic financial statements.
The examination consists of two parts that test your knowledge, comprehension, and application of concepts.
Section A contains 35, objective questions. While, Section B contains 3, multi-choice questions that test your knowledge in Budgeting, Standard costing and Performance measurement topics of the syllabus.