ICAN ATS 1 Past Questions Pdf

ICAN ATS 1 Past Questions Pdf – Are you among those who want to become a professional chartered accountant in Nigeria through the Accounting Technicians Scheme in West Africa? If yes, then we have something that can help you achieve this dream and become a certified member of ICAN. with so much ease. We present to you the ICAN ATS 1 Past Questions PDF. The good news is that you can now download and get past questions to study for ICAN exams without having to spend so much.

It is a necessity that you prepare well for any examination so you can achieve the desired success. therefore, you need to ICAN ATS 1 Past Questions PDF to use and prepare adequately for the exams. We will explain what it is all about, how it is patterned to suit your demand, and the easiest way to download or get it.

ICAN ATS 1 Past Questions Pdf Pattern

Normally, the ICAN ATS 1 Past Questions PDF is in a multiple-choice question pattern. We have made it very easy for you. we bring all the questions for many years and put them together but we indicate the specific years of their occurrence. We provide the correct answers to save you time. All you need to do is devote quality time to study it once you ICAN ATS 1 Past Questions PDF and watch yourself change the narrative by scoring better than you expected in the examination.

Why You Need ICAN ATS 1 Past Questions Pdf

ICAN exams are meant to try and test you to see if you are fit and qualified to become a professional accountant in Nigeria. It is one of the highest examinations so far for those who are practicing accountancy. If you are serious about gaining admission into the university this academic session, then you need this past question for the following reasons:

1. It will expose you to the questions that have been asked years back as most of those questions and answers get repeated every year while some will just be rephrased. So if you don’t have a copy of this last question, then you are losing out.
2. It, however, provides useful information about the types of questions to expect and helps you prevent unpleasant surprises.
3. You will be able to detect and answer repeated questions quickly and easily.
4. You will be able to find out the number of questions you will see in the exams.

ICAN ATS 1 Past Questions Pdf Sample

In other to know that we are giving out the original ICAN ATS 1 Past Questions Pdf, we have decided to give you some free samples as proof of what we said earlier.

Which of the items listed below is NOT an example of distribution overheads?

• Upkeep and running of delivery vans
• Samples and displays
• Warehouse wages and salaries
• Packing cases
• Loading expenses

Wages are paid at an agreed rate per hour, day, or week without reference to work done in the following circumstances EXCEPT

• Factory operatives’ work.
• General laborers’ work.
• Supervisors and inspectors’ work.
• Where supervision is close.
• Where measurement of work would not be simple.

Which of the under-listed factors is NOT considered in computing Economic Order Quantity (EOQ)?

• Reorder level
• Annual demand
• Cost of holding stock
• Cost of ordering
• Storage facility

Over-absorption of overheads occurs where

• Absorbed overheads exceed budgeted overheads.
• Actual overheads exceed absorbed overheads.
• Budgeted overheads exceed absorbed overheads.
• Absorbed overheads exceed actual overheads.
• Over-absorbed overheads exceed budgeted overheads.

In marginal costing techniques, the breakeven point is the level of activity where the contribution is equal to

• Profit plus tax.
• Fixed cost plus profit.
• Gross profit.
• Fixed cost only.
• Variable cost plus fixed cost

In marginal costing techniques, the breakeven point is the level of activity where the contribution is equal to

• Profit plus tax.
• Fixed cost plus profit.
• Gross profit.
• Fixed cost only.
• Variable cost plus fixed cost.

In the accounts of a process costing system, scraps would be charged to

• Cost Centre.
• Abnormal loss account.
• Profit and loss account.
• Production control.
• Product/job

7 Tips to Prepare for ICAN ATS 1 Exam

1. Don’t make reading your hobby: A lot of people put reading as a hobby in their CV, they might be right because they have finished schooling. But “You” are still schooling, so reading should be a top priority, not a hobby. Read far and wide to enhance your level of aptitude
2. Get Exams Preparation Materials: These involve textbooks, dictionaries, Babcock University Post UTME Past Questions and Answers, mock questions, and others. These materials will enhance your mastery of the scope of the exams you are expecting.
3. Attend Extramural Classes: Register and attend extramural classes at your location. This class will help you refresh your memory and boost your classroom understanding and discoveries of new knowledge.
4. Sleep when you feel like When you are preparing for any exams, sleeping is very important because it helps in the consolidation of memory. Caution: Only sleep when you feel like it and don’t oversleep.
5. Make sure you are healthy: Sickness can cause excessive feelings of tiredness and fatigue and will not allow you to concentrate on reading. If you are feeling as if you are not well, report to your parent, a nurse, or a doctor. Make sure you are well.
6. Eat when you feel like it: During the exam preparation period, you are advised not to overeat, and to avoid sleep. You need to eat little and light food whenever you feel like eating. Eat more fruits, drink milk and glucose. This will help you enhance retention.
7. Reduce your time on social media: Some people live their entire lives on Facebook, Twitter, WhatsApp, Messenger chat. This is so bad and catastrophic if you are preparing for exams. Try and reduce your time spent on social media during this time. Maybe after the exams, you can go back and sleep in it.

If you like these tips, consider sharing them with your friends and relatives. Do you have a question or comments? Put it on the comment form below. We will be pleased to hear from you and help you score as high as possible.myPastQuestion.com.

We wish you good luck!