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Key Facts: KICPAA ATQ Exam

8

ATQ subject papers (TQ1–TQ8)

KICPAA ATQ subject course specification

2 hours

Time limit per subject paper

KICPAA ATQ examination announcement for exam year 2024

USD 15

Examination fee per subject

KICPAA ATQ Help Center fee table

USD 5 + USD 10

Application fee plus annual student membership

KICPAA ATQ Help Center fee table

4 / 8

Maximum papers per session / different exams per calendar year

KICPAA ATQ FAQ

Khmer or English

ATQ learning resources and tests

KICPAA ATQ prospectus

Free 100-question English MCQ practice for the KICPAA Accounting Technician Qualification (ATQ). Official structure: eight papers TQ1–TQ8, 2 hours each. Independent study aid, not an official KICPAA exam.

Sample KICPAA ATQ Practice Questions

Try these sample questions to review concepts for the KICPAA ATQ exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1According to the fundamental accounting equation, which business transaction simultaneously increases total assets and increases total liabilities?
A.Purchasing inventory on credit from a supplier
B.Receiving cash from a credit customer in settlement of an invoice
C.Paying an outstanding trade payable by bank transfer
D.Purchasing office equipment entirely with cash
Explanation: Purchasing inventory on credit increases inventory (an asset) and increases trade payables (a liability) by equal amounts, thereby expanding the balance sheet on both sides.
2When a customer returns damaged goods that were originally sold on credit, in which book of prime entry should the business record the return before posting to the ledgers?
A.Sales returns daybook (returns inwards journal)
B.Purchases returns daybook (returns outwards journal)
C.General journal
D.Cash book
Explanation: Goods returned by credit customers are recorded in the sales returns daybook (returns inwards journal) from the credit notes issued, prior to posting summary totals to the general ledger.
3A business maintains a petty cash float of USD 250 under the imprest system. At the end of the month, petty cash vouchers show: office stationery USD 48, staff refreshment supplies USD 32, and courier postage fees USD 45. How much cash must be reimbursed to restore the float to its agreed imprest level?
A.USD 125
B.USD 250
C.USD 115
D.USD 135
Explanation: Under the imprest system, the amount reimbursed equals the exact total of approved disbursements made during the period: USD 48 + USD 32 + USD 45 = USD 125. This restores remaining physical cash (USD 125) back to the USD 250 float.
4At the start of the month, the sales ledger control account had an opening debit balance of USD 14,200. During the month, credit sales were USD 38,500, cash received from credit customers was USD 34,100, sales returns inwards were USD 1,200, and irrecoverable debts written off were USD 600. What is the closing debit balance of the sales ledger control account?
A.USD 16,800
B.USD 18,600
C.USD 15,600
D.USD 17,400
Explanation: Closing balance = Opening balance (USD 14,200) + Credit sales (USD 38,500) - Cash received (USD 34,100) - Returns inwards (USD 1,200) - Bad debts written off (USD 600) = USD 16,800.
5A company's cash book shows a debit bank balance of USD 5,400. In preparing the bank reconciliation statement, the accountant identifies uncredited lodgements of USD 1,600 and unpresented cheques of USD 2,100. Assuming no errors in the cash book, what balance is shown on the bank statement?
A.USD 5,900 credit
B.USD 4,900 credit
C.USD 9,100 debit
D.USD 1,700 credit
Explanation: Cash book balance = Bank statement balance + Uncredited lodgements - Unpresented cheques. Thus, Bank statement balance = USD 5,400 - USD 1,600 + USD 2,100 = USD 5,900. From the bank's perspective, a positive customer balance is a credit balance.
6When reconciling the cash book with the bank statement, which item requires an immediate adjustment entry in the cash book rather than being listed as a reconciling timing difference on the bank reconciliation statement?
A.Bank service charges deducted directly by the bank
B.Cheques issued to suppliers that have not yet been presented for payment
C.Customer cheques deposited on the last day of the month not yet credited by the bank
D.A cheque drawn by another business incorrectly debited to the company's account by the bank
Explanation: Bank service charges are valid bank transactions that have not yet been recorded in the company's books. They require an adjustment entry (Credit Cash Book, Debit Bank Charges) before the final reconciliation is prepared.
7A bookkeeper records the purchase of a new commercial delivery van costing USD 18,000 as a debit to the Motor Vehicle Running Expenses account and a credit to Bank. Which type of bookkeeping error has occurred?
A.Error of principle
B.Error of commission
C.Error of omission
D.Compensating error
Explanation: An error of principle occurs when an entry breaks fundamental accounting concepts, such as treating capital expenditure (an asset purchase) as revenue expenditure (an expense).
8A credit sale of USD 450 to customer Angkor Enterprises is correctly recorded in the sales daybook but debited to the personal account of Bayon Traders in the sales ledger. This is an example of which type of error?
A.Error of commission
B.Error of principle
C.Error of original entry
D.Complete reversal of entries
Explanation: An error of commission occurs when an entry is posted to the correct side of an incorrect account within the correct class of accounts (in this case, another customer's account in the subsidiary sales ledger).
9A bookkeeper extracted a trial balance where the debit total exceeded the credit total by USD 1,800, leading to a suspense account entry. Investigation revealed two errors: (1) A sales invoice for USD 1,200 was posted to the customer's account as USD 2,100; (2) The discount received total of USD 450 in the cash book was omitted from the general ledger. After correcting these two errors, what is the remaining balance on the suspense account?
A.USD 450 credit
B.USD 450 debit
C.USD 0 (fully cleared)
D.USD 1,350 credit
Explanation: The initial suspense account has a credit balance of USD 1,800. Error 1 over-debited receivables by USD 900 (USD 2,100 - USD 1,200); correcting it requires Credit Receivables USD 900 and Debit Suspense USD 900, reducing suspense to USD 900 credit. Error 2 omitted a USD 450 credit to Discount Received; correcting it requires Credit Discount Received USD 450 and Debit Suspense USD 450. The remaining suspense balance is USD 900 - USD 450 = USD 450 credit.
10When a business both buys from and sells to the same trading partner, an agreed contra settlement of USD 800 is executed between the sales ledger and purchases ledger. How is this transaction recorded in the control accounts?
A.Debit Purchases Ledger Control Account, Credit Sales Ledger Control Account
B.Debit Sales Ledger Control Account, Credit Purchases Ledger Control Account
C.Debit Bank Account, Credit Purchases Ledger Control Account
D.Debit Sales Ledger Control Account, Credit Bank Account
Explanation: A contra settlement offsets balances between the two ledgers. It reduces the liability in the purchases ledger (Debit Purchases Ledger Control Account) and reduces the asset in the sales ledger (Credit Sales Ledger Control Account).

About the KICPAA ATQ Exam

The Accounting Technician Qualification (ATQ) is KICPAA's examination-based technician-level accounting credential, developed with technical support from ICAEW. Students who pass all ATQ subjects are recognized by KICPAA as Certified Accounting Technician. Official papers are TQ1 Bookkeeping, Controls and Accounting; TQ2 IT Skills and Software; TQ3 Introduction to Costing; TQ4 Introduction to Business; TQ5 Financial Statement Preparation; TQ6 Management Accounting; TQ7 Cambodian Taxation and Practices; and TQ8 Cambodian Business and Company Law. Sittings are booked through the Learning Hub at an examination centre. This free bank offers independent English-language MCQ practice for those published learning outcomes; it is not an official KICPAA paper, translation, or simulation of unpublished item types.

Exam sponsor: Kampuchea Institute of Certified Public Accountants and Auditors (KICPAA). The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

Two levels: Principles (TQ1–TQ4) then Technician (TQ5–TQ8). Candidates may sit papers in any order within a level but must pass Principles before Technician (ATQ FAQ). Monthly in-person sittings; examination centre is named on the Examination Identification Document. This 100-question bank is an independent English-language MCQ study adaptation and does not simulate official paper formatting.

Time Limit

2 hours per subject paper (KICPAA ATQ examination announcement for exam year 2024 lists 9–11AM and 2–4PM sittings)

Passing Score

Not published by KICPAA on the ATQ Help Center, prospectus, or 2024 examination announcements

Exam / Certification Fees

USD 15 per subject; plus USD 5 application and USD 10 annual student membership (KICPAA ATQ Help Center fee table)

Exam sponsor website

Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.

Official sources

Our practice resources: topics covered

We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.

Official overall weight unpublished (13 practice questions)

TQ1: Bookkeeping, Controls and Accounting

Bookkeeping systems, books of prime entry, ledgers, control accounts, and the trial balance.

Official overall weight unpublished (12 practice questions)

TQ2: IT Skills and Software

Accounting software, spreadsheets, word processing, email, and office IT controls.

Official overall weight unpublished (12 practice questions)

TQ3: Introduction to Costing

Cost classification, inventory valuation, labour costing, and simple budgets.

Official overall weight unpublished (13 practice questions)

TQ4: Introduction to Business

Entity types, governance, stakeholders, the business environment, and basic business models.

Official overall weight unpublished (13 practice questions)

TQ5: Financial Statement Preparation

Adjustments, financial statements for incorporated and unincorporated entities, and interpretation.

Official overall weight unpublished (12 practice questions)

TQ6: Management Accounting

Marginal and absorption costing, CVP, budgeting, and variance analysis.

Official overall weight unpublished (13 practice questions)

TQ7: Cambodian Taxation and Practices

Tax on income, VAT, withholding tax, minimum tax, patent tax, and GDT administration.

Official overall weight unpublished (12 practice questions)

TQ8: Cambodian Business and Company Law

Law on Commercial Enterprises, company types, governance, contracts, and professional ethics.

Preparing for the KICPAA ATQ Exam

What You Need to Know

  • Passing score: Not published by KICPAA on the ATQ Help Center, prospectus, or 2024 examination announcements
  • Assessment: Two levels: Principles (TQ1–TQ4) then Technician (TQ5–TQ8). Candidates may sit papers in any order within a level but must pass Principles before Technician (ATQ FAQ). Monthly in-person sittings; examination centre is named on the Examination Identification Document. This 100-question bank is an independent English-language MCQ study adaptation and does not simulate official paper formatting.
  • Time limit: 2 hours per subject paper (KICPAA ATQ examination announcement for exam year 2024 lists 9–11AM and 2–4PM sittings)
  • Exam / certification fees: USD 15 per subject; plus USD 5 application and USD 10 annual student membership (KICPAA ATQ Help Center fee table) Official sources

Using Our Practice Resources

  • Work through all 100 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

KICPAA ATQ: Suggested Study Strategy

1Complete Principles papers TQ1–TQ4 before Technician papers; KICPAA's FAQ requires passing the Principles level first.
2Use the official TQ1–TQ8 learning outcomes on the ATQ subject course specification as the study map rather than unpublished item counts.
3Practise bookkeeping control-account and costing calculations; TQ3, TQ6, and TQ7 learning outcomes all require calculation, not definition recall only.
4For TQ7, study current Cambodian Tax on Income, VAT, withholding tax, minimum tax, and patent tax rules from General Department of Taxation sources rather than memorizing unverified article numbers.
5For TQ8, read the Law on Commercial Enterprises rules on private and public limited companies (including Articles 86 and 87) instead of importing shareholder minima from other jurisdictions.

Frequently Asked Questions

What is the KICPAA Accounting Technician Qualification (ATQ)?

ATQ is KICPAA's examination-based technician-level accounting qualification. KICPAA's Cambodia ATQ page states that students who pass all ATQ subjects are recognized as Certified Accounting Technician. OpenExamPrep's questions are independent English MCQ study practice, not an official KICPAA assessment.

What subjects are assessed on KICPAA ATQ?

KICPAA publishes eight papers: Principles TQ1–TQ4 (bookkeeping and controls; IT skills and software; introduction to costing; introduction to business) and Technician TQ5–TQ8 (financial statement preparation; management accounting; Cambodian taxation and practices; Cambodian business and company law).

Are official ATQ exams multiple-choice?

KICPAA does not publish the official item type or item count per paper on the ATQ Help Center, prospectus, or 2024 examination announcements. Results are issued immediately after submission (ATQ FAQ). This OpenExamPrep bank is an English-language MCQ study adaptation for the published learning outcomes—not an official translation or format simulation.

How long is each ATQ paper and what does it cost?

KICPAA's examination announcement for exam year 2024 scheduled each subject in a two-hour window (9–11AM or 2–4PM). The ATQ Help Center fee table lists USD 5 application, USD 10 annual student membership, and USD 15 per subject examination. The official pass mark is not published on those pages.

In what languages can candidates study and sit ATQ?

KICPAA's ATQ prospectus states that Khmer or English ATQ learning resources and tests are available. This OpenExamPrep resource is an independent English-language MCQ study adaptation, not an official bilingual paper.

How does ATQ relate to Cambodia CPA membership?

ATQ is the technician pathway and is separate from the Cambodia Certified Public Accountant qualification. The Cambodia CPA programme is the professional-level qualification: the Accounting and Auditing Regulator (ACAR) publishes its detailed subject blueprint covering three levels, and KICPAA membership rules recognise completion of that qualification.