Free Practice Questions for Myanmar DA Part I Module I

Exam-style questions and explanations by OpenExamPrep.

✓ No registration✓ No credit card

100+ Questions

100% Free

Loading practice questions...

Same family resources

Explore More Myanmar Accountancy Council Diploma in Accountancy (MAC — Union Auditor General)

Continue into nearby exams from the same family. Each card keeps practice questions, study guides, flashcards, videos, and articles in one place.

Myanmar Accountancy Council Diploma in Accountancy Part I Module II Examination (MAC)

Practice Questions100 questions

Myanmar Accountancy Council Diploma in Accountancy Part II Module I Examination (MAC)

Practice Questions100 questions

Myanmar Accountancy Council Diploma in Accountancy Part II Module II Examination (MAC)

Practice Questions100 questions

Myanmar Accountancy Council Diploma in Accountancy Part I Examination (MAC)

Practice Questions90 questions

Myanmar Accountancy Council Diploma in Accountancy Part II Examination (MAC)

Practice Questions90 questions

Exam Review

Key Facts: Myanmar DA Part I Module I Exam

3 Papers

Total written subject examination papers in DA Part I Module I

Myanmar Accountancy Council DA syllabus

40 points

Minimum qualifying mark required per subject paper

Myanmar Accountancy Council examination rules

5 sittings

Maximum consecutive examinations allowed to pass both modules

Myanmar Accountancy Council examination regulations

The MAC DA Part I Module I Examination comprises 3 written subject papers. Candidates must achieve at least 40 points in each subject; failing any subject requires re-sitting all 3 papers in that module.

Sample Myanmar DA Part I Module I Practice Questions

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

1Under the double-entry system of book-keeping, how are an increase in an asset and an increase in a liability recorded in the ledger?

A.Debit the asset account and credit the liability account

B.Credit the asset account and debit the liability account

C.Debit both the asset account and the liability account

D.Credit both the asset account and the liability account

Explanation: According to the fundamental rules of double-entry book-keeping, increases in asset accounts are recorded as debits, while increases in liability accounts are recorded as credits. This maintains the accounting equation Assets = Liabilities + Capital. (This question is part of an independent English-language MCQ study adaptation for the Myanmar Accountancy Council Diploma in Accountancy Part I Module I Examination.)

2A trader purchases office equipment on credit from Apex Ltd for MMK 2,500,000. Which journal entry correctly records this transaction?

A.Debit Office Equipment MMK 2,500,000; Credit Apex Ltd MMK 2,500,000

B.Debit Purchases MMK 2,500,000; Credit Apex Ltd MMK 2,500,000

C.Debit Apex Ltd MMK 2,500,000; Credit Office Equipment MMK 2,500,000

D.Debit Office Equipment MMK 2,500,000; Credit Cash MMK 2,500,000

Explanation: Purchasing a non-current asset on credit increases the asset Office Equipment (debited) and increases the liability owed to the supplier Apex Ltd (credited). Purchases account is reserved only for goods acquired for resale. (This question is part of an independent English-language MCQ study adaptation for the Myanmar Accountancy Council Diploma in Accountancy Part I Module I Examination.)

3Which of the following expenditures must be classified as capital expenditure rather than revenue expenditure?

A.Delivery and installation costs of a newly acquired manufacturing machine

B.Annual property insurance premium paid on the factory building

C.Routine oil replacement and minor servicing of delivery vans

D.Cost of repainting the interior walls of an existing administrative office

Explanation: Capital expenditure includes costs incurred to acquire, deliver, and install a non-current asset to bring it into working condition for its intended use. Routine maintenance, repairs, and annual insurance are ongoing operating costs classified as revenue expenditure. (This question is part of an independent English-language MCQ study adaptation for the Myanmar Accountancy Council Diploma in Accountancy Part I Module I Examination.)

4A business purchases machinery for MMK 10,000,000 with an estimated useful life of 5 years and an expected residual value of MMK 1,000,000. Using the straight-line method, what is the annual depreciation charge?

A.MMK 1,800,000

B.MMK 2,000,000

C.MMK 2,200,000

D.MMK 1,820,000

Explanation: Under the straight-line method, annual depreciation equals (Cost - Residual Value) / Useful Life = (MMK 10,000,000 - MMK 1,000,000) / 5 = MMK 9,000,000 / 5 = MMK 1,800,000. (This question is part of an independent English-language MCQ study adaptation for the Myanmar Accountancy Council Diploma in Accountancy Part I Module I Examination.)

5A delivery vehicle was bought on 1 January Year 1 for MMK 8,000,000. Depreciation is provided at 20% per annum using the reducing balance method. What is the carrying amount (net book value) of the vehicle at 31 December Year 2?

A.MMK 5,120,000

B.MMK 4,800,000

C.MMK 6,400,000

D.MMK 5,400,000

Explanation: For Year 1, depreciation is 20% of MMK 8,000,000 = MMK 1,600,000, leaving a carrying amount of MMK 6,400,000. For Year 2, depreciation is 20% of MMK 6,400,000 = MMK 1,280,000. The carrying amount at 31 December Year 2 is MMK 6,400,000 - MMK 1,280,000 = MMK 5,120,000. (This question is part of an independent English-language MCQ study adaptation for the Myanmar Accountancy Council Diploma in Accountancy Part I Module I Examination.)

6A business sells a machine for MMK 5,200,000 cash. The machine originally cost MMK 12,000,000 and had accumulated depreciation of MMK 7,500,000 at the date of disposal. What is the gain or loss on disposal?

A.Gain on disposal of MMK 700,000

B.Loss on disposal of MMK 700,000

C.Gain on disposal of MMK 200,000

D.Loss on disposal of MMK 6,800,000

Explanation: Carrying amount at disposal = Cost - Accumulated Depreciation = MMK 12,000,000 - MMK 7,500,000 = MMK 4,500,000. Gain on disposal = Sale Proceeds - Carrying Amount = MMK 5,200,000 - MMK 4,500,000 = MMK 700,000 gain. (This question is part of an independent English-language MCQ study adaptation for the Myanmar Accountancy Council Diploma in Accountancy Part I Module I Examination.)

7In a three-column cash book, what do the discount columns on the debit and credit sides record?

A.Debit side records discounts allowed; credit side records discounts received

B.Debit side records discounts received; credit side records discounts allowed

C.Debit side records trade discounts allowed; credit side records cash discounts received

D.Both debit and credit sides record cash discounts allowed to trade debtors

Explanation: The debit side of the three-column cash book records receipts from customers and discounts allowed to them, while the credit side records payments to suppliers and discounts received from them. Trade discounts are never entered in the cash book. (This question is part of an independent English-language MCQ study adaptation for the Myanmar Accountancy Council Diploma in Accountancy Part I Module I Examination.)

8A firm maintains a petty cash book under the imprest system with a float of MMK 150,000. During the month, petty cash vouchers total MMK 112,000, leaving MMK 38,000 in cash. What amount of cash must the chief cashier reimburse to restore the float?

A.MMK 112,000

B.MMK 38,000

C.MMK 150,000

D.MMK 74,000

Explanation: Under the imprest system, the amount reimbursed at the end of the period is exactly equal to the total expenditure incurred (vouchers total), which is MMK 112,000, so that the float returns to the agreed amount of MMK 150,000. (This question is part of an independent English-language MCQ study adaptation for the Myanmar Accountancy Council Diploma in Accountancy Part I Module I Examination.)

9A trader's cash book shows a debit balance of MMK 1,450,000. On comparing with the bank statement, the trader discovers bank service charges of MMK 30,000 and a direct debit for insurance of MMK 120,000 not yet recorded in the cash book. What is the updated cash book balance?

A.MMK 1,300,000 debit

B.MMK 1,600,000 debit

C.MMK 1,300,000 credit

D.MMK 1,340,000 debit

Explanation: Bank service charges and direct debits represent cash outflows that must be credited in the cash book. Updated cash book balance = MMK 1,450,000 - MMK 30,000 - MMK 120,000 = MMK 1,300,000 debit. (This question is part of an independent English-language MCQ study adaptation for the Myanmar Accountancy Council Diploma in Accountancy Part I Module I Examination.)

10A bank statement shows a credit balance of MMK 2,100,000. Unpresented cheques amount to MMK 450,000 and uncredited lodgments (deposits in transit) amount to MMK 650,000. What is the adjusted cash book balance?

A.MMK 2,300,000 debit

B.MMK 1,900,000 debit

C.MMK 3,200,000 debit

D.MMK 2,300,000 credit

Explanation: Starting from the bank statement credit balance of MMK 2,100,000: add uncredited lodgments (MMK 650,000) and deduct unpresented cheques (MMK 450,000). Adjusted cash book balance = MMK 2,100,000 + MMK 650,000 - MMK 450,000 = MMK 2,300,000 debit. (This question is part of an independent English-language MCQ study adaptation for the Myanmar Accountancy Council Diploma in Accountancy Part I Module I Examination.)

About the Myanmar DA Part I Module I Exam

The Myanmar Accountancy Council Diploma in Accountancy (DA) Part I Module I Examination covers three English-response written subject papers: Book-Keeping & Accountancy, Economics, and Business Mathematics & Statistics. Candidates must pass each paper with at least 40 points, and any subject failure requires re-sitting the full module. This resource is an independent English-language MCQ study adaptation designed for learning and self-assessment, not an official format simulation or substitute for written-response practice.

Exam sponsor: Myanmar Accountancy Council (MAC / မြန်မာနိုင်ငံစာရင်းကောင်စီ), Union Auditor General Office. The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

3 written papers: Book-Keeping and Accountancy, Economics, and Business Mathematics and Statistics.

Time Limit

Published in sitting-specific timetables; no stable duration is stated in standing rules

Passing Score

40 points in each of the 3 subject papers

Exam / Certification Fees

A current examination fee is not published on the standing official exam pages; consult the sitting-specific notice.

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.

34% (1 of 3 papers)

Book-Keeping and Accountancy

Double-entry bookkeeping, journalizing, cash books, ledger posting, bank reconciliations, trial balances, year-end adjustments, depreciation methods, and financial statements of sole proprietorships.

33% (1 of 3 papers)

Economics

Demand and supply elasticity, consumer behavior, production theory, cost curves, market equilibrium, macroeconomic aggregates, inflation, and money supply.

33% (1 of 3 papers)

Business Mathematics and Statistics

Simple and compound interest, annuities, stocks and shares, foreign exchange, statistical presentation, averages, dispersion, correlation, time series, and index numbers.

Preparing for the Myanmar DA Part I Module I Exam

What You Need to Know

Passing score: 40 points in each of the 3 subject papers
Assessment: 3 written papers: Book-Keeping and Accountancy, Economics, and Business Mathematics and Statistics.
Time limit: Published in sitting-specific timetables; no stable duration is stated in standing rules
Exam / certification fees: A current examination fee is not published on the standing official exam pages; consult the sitting-specific notice. 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

Myanmar DA Part I Module I: Suggested Study Strategy

1Master debit and credit double-entry mechanics, trial balance adjustments, and bank reconciliation formatting.

2Work through numerical calculations for compound interest, annuity values, and variance/standard deviation.

3Review microeconomic elasticity formulas and shifts in market supply and demand curves.

4Practice index number formulas including Laspeyres, Paasche, and Fisher ideal index.

Frequently Asked Questions

What subjects are included in DA Part I Module I?

DA Part I Module I includes three subjects: Book-Keeping and Accountancy, Economics, and Business Mathematics and Statistics.

What happens if a candidate fails one subject in Module I?

Under MAC examination regulations, if a candidate fails any subject in Module I, they must re-sit all subjects in that module.

What is the time limit for completing both modules of DA Part I?

Both Module I and Module II must be completed within 5 consecutive examination sittings to qualify for the full DA Part I credential.

Are these practice questions endorsed by MAC?

No. These questions are an independent study adaptation created by OpenExamPrep for revision. They are neither sponsored nor endorsed by MAC or OAG.