Free Practice Questions for Morocco DNEC Expert-Comptable

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Sample Morocco DNEC Expert-Comptable Practice Questions

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

1Under the Moroccan Code Général de Normalisation Comptable (CGNC), which fundamental accounting principle assumes that an enterprise will continue its operational activities into the foreseeable future without the intention or necessity of liquidation or significant curtailment?

A.Principle of going concern (Continuité d'exploitation)

B.Principle of historical cost (Coût historique)

C.Principle of prudence (Prudence)

D.Principle of consistency (Permanence des méthodes)

Explanation: The principle of going concern (continuité d'exploitation) is the cornerstone assumption under the CGNC. It dictates that financial statements are prepared on the premise that the entity will persist in business, justifying asset valuation at historical cost and systematic multi-year depreciation rather than break-up or liquidation values.

2Which accounting principle under the Moroccan CGNC requires that revenues and expenses be allocated to the exact fiscal year in which the underlying transactions occurred, irrespective of their date of cash payment or collection?

A.Principle of accruals and cutoff (Spécialisation des exercices)

B.Principle of clarity (Clarté)

C.Principle of materiality (Importance significative)

D.Principle of intangibility of the opening balance sheet (Intangibilité du bilan d'ouverture)

Explanation: The principle of specialization of fiscal periods (spécialisation des exercices) requires revenues and charges to be recognized in the accounting period to which they economically attach. This necessitates year-end inventory adjustments, accruals (charges à payer, produits à recevoir), and deferrals (charges et produits constatés d'avance).

3How does the principle of prudence (principe de prudence) under the Moroccan CGNC treat unrealized gains versus foreseeable risks and potential losses identified at the balance sheet date?

A.Unrealized gains are never recognized in profit or loss, whereas foreseeable risks and potential losses must be provisioned even if known after year-end but before financial statement authorization

B.Both unrealized gains and unrealized losses must be recognized immediately in the Compte de Produits et Charges (CPC) through market revaluation

C.Foreseeable losses are only recognized when confirmed by a final court ruling or formal contract breach, matching unrealized gain criteria

D.Unrealized gains are credited directly to statutory reserves, while foreseeable losses are ignored unless cash outflows exceed 10% of equity

Explanation: The CGNC defines prudence as the appreciation of facts to avoid transferring present uncertainties to future periods. Asymmetric recognition is mandatory: profits are recognized only when definitively realized, whereas potential losses and risks arising during the period must be recorded as depreciation or provisions, even if known between the close of the fiscal year and the date accounts are established.

4A Moroccan industrial company acquires manufacturing equipment on 1 January of Year 1 for 400,000 DH excluding VAT, with an estimated useful life of 5 years. Under Moroccan tax and accounting rules for declining balance depreciation (amortissement dégressif), what is the depreciation charge for Year 1?

A.160,000 DH

B.80,000 DH

C.120,000 DH

D.200,000 DH

Explanation: For an asset with a 5-year useful life, the straight-line rate is 100% / 5 = 20%. Under Moroccan tax regulations (CGI Article 10), the statutory coefficient for useful lives of 5 to 6 years is 2.0. The declining balance rate is therefore 20% × 2.0 = 40%. The Year 1 depreciation charge is 400,000 DH × 40% = 160,000 DH.

5Following the acquisition of an industrial machine for 500,000 DH depreciated under the Moroccan declining balance method over 5 years (rate 40%), when must the company switch from the declining balance rate to the straight-line rate on remaining net book value (VNA)?

A.At the beginning of Year 4, because the straight-line rate on remaining life (1/2 = 50%) exceeds the declining rate of 40%

B.At the beginning of Year 3, because the straight-line rate on remaining life (1/3 = 33.33%) exceeds half of the declining rate

C.At the beginning of Year 5, because the entire remaining net book value must always be written off exclusively in the final fiscal year

D.No switch is permitted; the 40% declining balance rate must be applied continuously until the asset is fully scrapped

Explanation: Under Moroccan accounting and fiscal standards, declining balance depreciation switches to the straight-line method as soon as the straight-line rate calculated on the remaining useful life (1 / remaining years) becomes greater than or equal to the declining balance rate. For a 5-year asset: Year 1 = 1/5 (20% < 40%), Year 2 = 1/4 (25% < 40%), Year 3 = 1/3 (33.33% < 40%), Year 4 = 1/2 (50% >= 40%). The switch occurs in Year 4.

6Regarding the valuation of fungible inventory items under the Moroccan CGNC, which valuation method is explicitly prohibited?

A.Last-In, First-Out (LIFO / DEPS - Dernier Entré, Premier Sorti)

B.First-In, First-Out (FIFO / PEPS - Premier Entré, Premier Sorti)

C.Weighted Average Cost calculated after each delivery (Coût Moyen Pondéré après chaque entrée)

D.Weighted Average Cost calculated over the inventory turnover period (Coût Moyen Pondéré sur la durée moyenne de stockage)

Explanation: The Moroccan CGNC and tax legislation explicitly permit only two inventory valuation methods for fungible goods: First-In, First-Out (PEPS / FIFO) and the Weighted Average Cost (Coût Moyen Pondéré - CMP) method (either after each receipt or over the accounting period). LIFO (DEPS) is prohibited because it undervalues ending inventories during inflationary periods and distorts financial position.

7At the closing date of 31 December, a Moroccan company holds a commercial trade debt of 100,000 EUR recorded initially at 1,050,000 MAD (1 EUR = 10.50 MAD). On 31 December, the exchange rate is 1 EUR = 11.00 MAD. How must this unrealized transaction be recognized under CGNC standards?

A.Credit 4411 (Fournisseurs) by 50,000 MAD, debit 3702 (Augmentation des dettes circulantes - Écart de conversion actif) by 50,000 MAD, and recognize a provision for exchange risk by debiting 6393 and crediting 4506 for 50,000 MAD

B.Debit 6598 (Charges non courantes) by 50,000 MAD and credit 4411 (Fournisseurs) by 50,000 MAD without using translation adjustment accounts

C.Directly credit 7331 (Gains de change) by 50,000 MAD and debit 3702 by 50,000 MAD to align with international IFRS standards

D.No entry is made because Moroccan accounting strictly prohibits recording unrealized foreign exchange fluctuations until cash settlement

Explanation: Under the CGNC, debts and receivables denominated in foreign currency must be revalued at the year-end closing exchange rate. An unrealized loss (increase in debt from 1,050,000 to 1,100,000 MAD = 50,000 MAD) is debited to balance sheet adjustment account 3702 (Écart de conversion actif). Furthermore, in application of the prudence principle, a corresponding provision for foreign exchange risks must be constituted by debiting 6393 (Dotations aux provisions pour risques et charges financières) and crediting 4506 (Provisions pour risques et charges financiers).

8Under the Moroccan CGNC, under what specific conditions may applied research and development expenses be capitalized as frais de recherche et développement rather than expensed immediately?

A.The projects must be clearly individualized, have serious chances of technical success and commercial profitability, and their costs must be reliably isolated and evaluated

B.All R&D expenses exceeding 50,000 MAD must be capitalized automatically by legal requirement regardless of technical feasibility

C.Capitalization is permitted only if the company has obtained an official tax exemption ruling from the Direction Générale des Impôts

D.Fundamental basic research may be capitalized, while applied development expenses must always be expensed in full

Explanation: Under the CGNC, research and development expenditures are normally operating expenses. Applied projects may be recorded as frais de recherche et développement only when they are clearly identified and individualized, have serious prospects of technical success and commercial profitability, and their costs can be separately and reliably measured. Fundamental research remains an expense.

9A newly created Moroccan enterprise incurs 150,000 DH in company constitution fees (frais de constitution) recorded in account 2111 (Frais préliminaires). Under Moroccan accounting and corporate law (Law 17-95), what are the legal amortization rules and profit distribution constraints governing this asset?

A.They must be amortized as rapidly as possible and no later than the end of the fifth year; no profit distribution may occur until they are fully amortized

B.They can be amortized indefinitely based on annual free cash flow, with no restriction on dividend distributions

C.They must be amortized over exactly 10 years, and profit distributions are reduced by 10% each year

D.They cannot be amortized and must remain permanently on the balance sheet until company liquidation

Explanation: Article 328 of Moroccan Law 17-95 requires constitution costs to be amortized as rapidly as possible and no later than the end of the fifth fiscal year. It also prohibits any profit distribution until those costs have been fully amortized; the article does not state a distributable-reserve exception.

10In the Moroccan État des Soldes de Gestion (ESG), a manufacturing entity reports for Year N: Sales of produced goods (Ventes de biens et services produits) = 8,000,000 DH; Ending finished goods inventory = 1,200,000 DH; Beginning finished goods inventory = 900,000 DH; Capitalized production (Immobilisations produites par l'entreprise pour elle-même) = 300,000 DH. What is the Production de l'exercice?

A.8,600,000 DH

B.8,000,000 DH

C.7,400,000 DH

D.8,300,000 DH

Explanation: Under the CGNC ESG framework, Production de l'exercice = Ventes de biens et services produits + Variation des stocks de produits + Immobilisations produites par l'entreprise pour elle-même. The inventory variation is Ending Inventory minus Beginning Inventory = 1,200,000 - 900,000 = +300,000 DH. Therefore, Production de l'exercice = 8,000,000 + 300,000 + 300,000 = 8,600,000 DH.

About the Morocco DNEC Expert-Comptable Exam

The Diplôme National d'Expertise Comptable (DNEC) is the official state credential required to practice as an Expert-Comptable and Commissaire aux Comptes (statutory auditor) in Morocco under Law No. 15-89 and Law No. 17-95. Groupe ISCAE provides the education and assessments; OEC Maroc regulates the profession and controls the professional stage. The program entails a written-and-oral competitive entrance examination, three progressive certificates (CEFCA, CSTEC, CSRC), a three-year professional stage, and a research mémoire defense. This question bank provides an independent English-language MCQ study adaptation covering Moroccan GAAP (CGNC), statutory auditing, business law, corporate taxation (CGI), and financial management.

Exam sponsor: Groupe ISCAE (the professional stage is controlled by OEC Maroc; the diploma is issued by the government authority responsible for commerce and industry). The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

Governed by Decree No. 2-89-519 and Law No. 15-89, the Diplôme National d'Expertise Comptable (DNEC) is Morocco's terminal accounting qualification administered through Groupe ISCAE. Candidates pass a written-and-oral competitive entrance exam across four published subject groups, complete three years of advanced coursework validated by annual certificates (CEFCA after Year 1, CSTEC after Year 2, and CSRC after Year 3), fulfill a mandatory 3-year professional stage monitored by the Ordre des Experts-Comptables (OEC), and publicly defend a research mémoire. This practice bank provides an independent English-language 100-MCQ study adaptation covering core Moroccan accounting, audit, tax, and corporate governance standards; it is not an official translation, format simulation, or substitute for the examinations, stage, or mémoire defense.

Time Limit

Official sources do not publish entrance- or certificate-examination durations. Certificate sessions are held in June with a September resit; the mémoire presentation is about 30 minutes, followed by jury questions.

Passing Score

Annual certificates require a weighted general average of >= 12/20 (candidates scoring > 9/20 qualify for the September resit). Successful completion of all three certificates, stage validation, and passing the mémoire defense are required for the DNEC.

Exam / Certification Fees

Candidate fees are not published in the reviewed official sources.

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.

Not published

Moroccan Accounting Law & CGNC Standards (CEFCA/CSTEC)

Principles of the Code Général de Normalisation Comptable (CGNC), accounting valuation methods, provisions, non-valeur amortization, État des Soldes de Gestion (ESG), Capacité d'Autofinancement (CAF), and consolidation under Moroccan rules.

Not published

Moroccan Tax Law & Fiscal Strategy (CGI)

Corporate income tax (IS) fiscal determination, Cotisation Minimale rules and calculations, Personal Income Tax (IR), Value Added Tax (TVA) proratas, withholding taxes, tax audits, and appeals before CLT and CNRF.

Not published

Moroccan Business Law & Corporate Governance

Corporate law on SA (Law 17-95) and SARL (Law 5-96), assemblies, board governance, regulated agreements, legal reserves, Commercial Code Book V on difficulty treatment, and judicial restructuring.

Not published

Statutory Audit, Revision & Internal Control (CSRC)

Commissariat aux Comptes legal framework, auditor independence and incompatibilities, auditing standards (ISA in Morocco), audit risk, materiality, substantive testing, audit opinions, and governance reporting duties.

Not published

Financial Management & Business Valuation

Functional balance sheet analysis (FRF, BFR, TN), liquidity and leverage ratios, capital budgeting (NPV, IRR), cost of capital (WACC), and enterprise valuation methods (DCF, ANR, multiples, goodwill).

Not published

Professional Regulation, Ethics & DNEC Framework

Law No. 15-89 governing the profession and OEC Maroc, Decree No. 2-89-519 study regulations (CEFCA, CSTEC, CSRC, 3-year stage, thesis defense), professional secrecy, code of ethics, and disciplinary sanctions.

Preparing for the Morocco DNEC Expert-Comptable Exam

What You Need to Know

Passing score: Annual certificates require a weighted general average of >= 12/20 (candidates scoring > 9/20 qualify for the September resit). Successful completion of all three certificates, stage validation, and passing the mémoire defense are required for the DNEC.
Assessment: Governed by Decree No. 2-89-519 and Law No. 15-89, the Diplôme National d'Expertise Comptable (DNEC) is Morocco's terminal accounting qualification administered through Groupe ISCAE. Candidates pass a written-and-oral competitive entrance exam across four published subject groups, complete three years of advanced coursework validated by annual certificates (CEFCA after Year 1, CSTEC after Year 2, and CSRC after Year 3), fulfill a mandatory 3-year professional stage monitored by the Ordre des Experts-Comptables (OEC), and publicly defend a research mémoire. This practice bank provides an independent English-language 100-MCQ study adaptation covering core Moroccan accounting, audit, tax, and corporate governance standards; it is not an official translation, format simulation, or substitute for the examinations, stage, or mémoire defense.
Time limit: Official sources do not publish entrance- or certificate-examination durations. Certificate sessions are held in June with a September resit; the mémoire presentation is about 30 minutes, followed by jury questions.
Exam / certification fees: Candidate fees are not published in the reviewed official sources. Official sources

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Morocco DNEC Expert-Comptable: Suggested Study Strategy

1Master the Moroccan General Accounting Code (CGNC) financial statements, especially the État des Soldes de Gestion (ESG) cascading margins and the calculation of Capacité d'Autofinancement (CAF).

2Gain fluency in current 2026 Moroccan tax calculations under the General Tax Code (CGI), including corporate tax (IS), the Cotisation Minimale rules, and VAT prorata deduction calculations.

3Understand the statutory duties, incompatibilities, reporting responsibilities, and alert procedures of the Commissaire aux Comptes under Law No. 17-95 and Book V of the Commercial Code.

Frequently Asked Questions

What is the official structure of the Moroccan Diplôme National d'Expertise Comptable (DNEC)?

Under Decree No. 2-89-519 of 16 July 1990 and Law No. 15-89, the DNEC is not a single three-part examination, but an assessed cycle administered by Groupe ISCAE. It consists of a competitive entrance exam across four subject groups, three successive institutional certificate examinations (CEFCA at the end of Year 1, CSTEC after Year 2, and CSRC after Year 3), a mandatory 3-year professional stage with an approved mentor, and a public research dissertation (mémoire) defense before an official jury.

What are the passing rules and exam sessions for ISCAE's Cycle d'Expertise Comptable?

Under Article 12 and Article 13 of Decree No. 2-89-519, certificate examinations are organized annually in June, with a resit session (session de rattrapage) in September. Candidates pass if they obtain a weighted general average of at least 12 out of 20. Candidates who score below 12/20 but above 9/20 are eligible to take the September resit, where they may retain credit for subjects in which they scored at least 12/20.

Who regulates the accounting profession and the mandatory professional stage in Morocco?

The Ordre des Experts-Comptables (OEC Maroc), established under Dahir No. 1-92-139 promulgating Law No. 15-89, regulates the accounting profession and monitors the mandatory 3-year professional stage. However, Groupe ISCAE is the educational and examination provider, and the stage must be formally validated by the official examining jury before the candidate is permitted to sit for the final CSRC examination.

Who is eligible for the entrance competition to Groupe ISCAE's Cycle d'Expertise Comptable?

Groupe ISCAE's current page lists the ISCAE Cycle Normal diploma, a Groupe ISCAE Master, the ISCAE Cycle Supérieur de Gestion diploma, ENCG diplomas, a licence in economic sciences with a management or business-economics option, the French Diplôme d'Études Comptables Supérieures together with the baccalaureate, and credentials officially recognized as equivalent. Applicants should use that official list rather than infer eligibility from other accounting or finance qualifications.

Is this practice question bank an official Moroccan DNEC examination paper?

No. This question bank is an independent English-language MCQ study adaptation developed by OpenExamPrep to assist learners and candidates in mastering Moroccan accounting standards (CGNC), corporate taxation (CGI), commercial law, statutory audit principles, and financial management. It is not an official translation, past paper replica, format simulation, or substitute for the entrance and certificate examinations, professional stage, or mémoire defense. The reviewed primary sources do not state the official assessment language or languages.