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100+ Free SPM Accounting (3756) Practice Questions

Pass your Sijil Pelajaran Malaysia (SPM) Prinsip Perakaunan / Principles of Accounting (3756) exam on the first try — instant access, no signup required.

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The owner brings in additional capital of RM10,000 by depositing cash into the business bank account. What is the correct double entry?

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Key Facts: SPM Accounting (3756) Exam

SPM Prinsip Perakaunan (3756) is a three-paper Malaysian elective: 40-MCQ Paper 1 (20%), subjective Paper 2 (60%) and a school-based project (20%), covering the full accounting cycle from Form 4 to Form 5 cost accounting.

Sample SPM Accounting (3756) Practice Questions

Try these sample questions to test your SPM Accounting (3756) exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1In SPM Prinsip Perakaunan, 'simpan kira' (book-keeping) is best described as which of the following?
A.Classifying, recording, interpreting, reporting and analysing financial information
B.The process of accurately and systematically recording business transactions based on the double-entry system
C.Preparing financial information for decision-making, comparison and planning
D.Recording a transaction in two different ledgers only
Explanation: Book-keeping (simpan kira) is the routine recording of business transactions in an accurate and systematic way using the double-entry system. Accounting (perakaunan) is the wider process that also classifies, interprets, reports and analyses that recorded data.
2Maju Enterprise bought a piece of land for RM35,000 in 2002. In 2005 a valuation showed the market value had risen to RM54,000. Under the Cost Principle (Prinsip Kos), at what value should the land appear in the 2005 financial statements?
A.RM54,000
B.RM19,000
C.RM35,000
D.RM89,000
Explanation: The Cost Principle requires non-current assets to be recorded at their original purchase (historical) cost, not at fluctuating market value. The land therefore stays at RM35,000 regardless of the RM54,000 valuation.
3Which accounting concept (konsep perakaunan) requires that a business and its owner be treated as two separate entities, so that the owner's personal assets are not recorded in the business accounts?
A.Going Concern (Usaha Berterusan)
B.Money Measurement (Pengukuran Wang)
C.Accounting Period (Tempoh Perakaunan)
D.Business Entity (Entiti Berasingan)
Explanation: The Business Entity concept (Entiti Berasingan) treats the business as separate from its owner, so only the business's own transactions are recorded. The owner's personal dealings are excluded unless they affect the business, such as capital injected or drawings taken.
4A sole proprietor prepares accounts for a fixed 12-month period from 1 January to 31 December each year. Which accounting concept does this practice illustrate?
A.Accounting Period (Tempoh Perakaunan)
B.Prudence (Berhemah)
C.Consistency (Ketekalan)
D.Matching / Accrual (Pemadanan)
Explanation: The Accounting Period concept divides the continuous life of a business into equal, fixed periods (usually one year) so that performance can be measured and reported. Choosing 1 January to 31 December as the financial year is a direct application of this concept.
5Recording an estimated provision for doubtful debts (peruntukan hutang ragu) even though no specific customer has yet failed to pay is an application of which accounting principle?
A.Materiality (Materialiti)
B.Prudence / Conservatism (Berhemah)
C.Going Concern (Usaha Berterusan)
D.Historical Cost (Kos Sejarah)
Explanation: The Prudence principle requires a business to recognise probable losses as soon as they are foreseeable while not anticipating profits. Creating a provision for doubtful debts in advance reflects this cautious approach to possible bad debts.
6Which sequence correctly shows the stages of the accounting cycle (kitaran perakaunan) for a sole proprietorship?
A.Financial statements, trial balance, ledger, journals, source documents
B.Ledger, source documents, trial balance, journals, financial statements
C.Source documents, books of prime entry, ledger, trial balance, financial statements
D.Trial balance, source documents, financial statements, ledger, journals
Explanation: The accounting cycle begins with source documents (dokumen sumber), which are recorded in the books of prime entry (buku catatan pertama), posted to the ledger, summarised in a trial balance, and finally used to prepare the financial statements. This order follows the natural flow of recording information.
7An accountant who keeps a client's financial information private and does not disclose it to outside parties without permission is demonstrating which professional ethical value?
A.Integrity (Integriti)
B.Objectivity (Objektiviti)
C.Professional competence (Kecekapan Profesional)
D.Confidentiality (Kerahsiaan)
Explanation: Confidentiality (kerahsiaan) requires accountants to keep client and employer information private and not disclose it without proper authority. Protecting a client's financial data from unauthorised parties is the clearest example of this principle.
8The basic accounting equation (persamaan perakaunan) is best expressed as which of the following?
A.Assets = Owner's Equity + Liabilities
B.Assets = Liabilities − Owner's Equity
C.Owner's Equity = Assets + Liabilities
D.Liabilities = Assets + Owner's Equity
Explanation: The accounting equation states that Assets = Owner's Equity + Liabilities (Aset = Ekuiti Pemilik + Liabiliti). It shows that everything the business owns is financed either by the owner's capital or by amounts owed to outsiders.
9A business has total assets of RM80,000 and owner's equity (capital) of RM55,000. What is the value of its liabilities?
A.RM135,000
B.RM25,000
C.RM55,000
D.RM80,000
Explanation: Using Assets = Owner's Equity + Liabilities, liabilities = Assets − Owner's Equity = RM80,000 − RM55,000 = RM25,000. This is the portion of assets financed by outside parties.
10Which of the following items is classified as a non-current asset (aset bukan semasa) in the statement of financial position?
A.Inventory (Inventori)
B.Accounts receivable (Akaun Belum Terima)
C.Motor vehicle (Kenderaan)
D.Cash in hand (Tunai di tangan)
Explanation: A non-current asset is held for long-term use in the business rather than for resale within a year. A motor vehicle (kenderaan) is used over several years, making it a non-current asset.

About the SPM Accounting (3756) Exam

Prinsip Perakaunan (subject code 3756) is the SPM Principles of Accounting elective taught over Form 4 and Form 5 under Malaysia's KSSM curriculum. It is assessed through three instruments: Paper 1 (3756/1) with 40 multiple-choice questions worth 20%, Paper 2 (3756/2) a subjective paper of structured and essay questions worth 60%, and Paper 3 (3756/3) a school-based accounting project worth 20%. The syllabus covers the full accounting cycle for a sole proprietorship, year-end adjustments and financial statements, then extends to ratio analysis, incomplete records, internal control, partnerships, limited companies, clubs and associations, and cost accounting. The exam is administered by the Lembaga Peperiksaan under the Ministry of Education Malaysia and a non-programmable scientific calculator is permitted. These 100 free practice questions focus on the MCQ-testable knowledge across both years of the syllabus.

Questions

100 scored questions

Time Limit

Paper 1: 1 hour 15 minutes (40 MCQ); Paper 2: 2 hours 30 minutes; Paper 3: school-based project

Passing Score

Graded on the SPM scale A+ to G; a C or better is treated as a credit pass. Weighting: Paper 1 20%, Paper 2 60%, Paper 3 20%.

Exam Fee

No separate subject fee for students in government and government-aided schools (SPM is state-funded); private candidates register and pay through the Lembaga Peperiksaan. (Lembaga Peperiksaan (LP), Kementerian Pendidikan Malaysia (Malaysian Examinations Board))

SPM Accounting (3756) Exam Content Outline

12%

Introduction, concepts and classification

Bookkeeping vs accounting, accounting cycle, concepts and principles, ethics, the accounting equation and classification of accounts.

10%

Source documents and books of prime entry

Invoices, credit and debit notes, cash book, special journals and the petty cash imprest system.

16%

Ledger, trial balance and corrections

Double-entry posting, balancing accounts, subsidiary ledgers, trial balance, types of error and the suspense account.

19%

Financial statements and adjustments

Trading and profit and loss account, statement of financial position, accruals, prepayments, depreciation and doubtful debts.

12%

Ratio analysis and incomplete records

Profitability, liquidity and efficiency ratios, statement of affairs and reconstructing missing figures.

9%

Internal control

Bank reconciliation, receivables and payables control accounts, and payroll including EPF.

14%

Partnerships, companies and clubs

Partnership appropriation and dissolution, company shares and dividends, and club accumulated fund accounts.

8%

Cost accounting

Manufacturing account, prime cost, fixed and variable costs, contribution and break-even analysis.

How to Pass the SPM Accounting (3756) Exam

What You Need to Know

  • Passing score: Graded on the SPM scale A+ to G; a C or better is treated as a credit pass. Weighting: Paper 1 20%, Paper 2 60%, Paper 3 20%.
  • Exam length: 100 questions
  • Time limit: Paper 1: 1 hour 15 minutes (40 MCQ); Paper 2: 2 hours 30 minutes; Paper 3: school-based project
  • Exam fee: No separate subject fee for students in government and government-aided schools (SPM is state-funded); private candidates register and pay through the Lembaga Peperiksaan.

Keys to Passing

  • Complete 500+ practice questions
  • Score 80%+ consistently before scheduling
  • Focus on highest-weighted sections
  • Use our AI tutor for tough concepts

SPM Accounting (3756) Study Tips from Top Performers

1Master the core formulas early: Cost of goods sold = Opening inventory + Purchases - Closing inventory, Gross profit = Net sales - Cost of goods sold, and Net profit = Gross profit + Income - Expenses.
2Drill year-end adjustments until they are automatic: accruals, prepayments, depreciation (straight-line and reducing balance), bad debts and the provision for doubtful debts on net receivables.
3Practise both depreciation methods carefully: straight-line uses original cost each year, while reducing balance applies the rate to net book value (cost minus accumulated depreciation).
4For Paper 2, show every working line: method marks are awarded for stating the correct format and entries even if the final figure is slightly off.
5Learn the ratio set by heart: gross and net profit margin, current and quick ratio, inventory turnover and return on capital, and what a high or low value means.
6For partnerships, separate the appropriation account, the capital account and the current account, and remember profits are shared equally if there is no agreement.
7Work past-year SPM and trial (percubaan) papers under timed conditions so you can finish 40 MCQs in 75 minutes and the full Paper 2 in 150 minutes.

Frequently Asked Questions

How is SPM Prinsip Perakaunan (3756) assessed?

It uses three instruments: Paper 1 (3756/1) with 40 multiple-choice questions worth 20%, Paper 2 (3756/2) a subjective structured and essay paper worth 60%, and Paper 3 (3756/3) a school-based accounting project worth 20%.

How long is each paper?

Paper 1 lasts 1 hour 15 minutes for the 40 MCQs. Paper 2 lasts 2 hours 30 minutes. Paper 3 is a project completed over several months in Form 5 rather than a timed sitting.

What is the structure of Paper 2?

Paper 2 has two sections. Section A has 3 compulsory questions worth 60 marks, and Section B offers 3 questions of 20 marks each from which candidates answer any 2, giving 40 marks, for a total of 100 marks.

Can I use a calculator in the SPM accounting exam?

Yes. Candidates are allowed to use a non-programmable scientific calculator. Showing full workings is important in Paper 2 because method marks are awarded even when the final figure is partly wrong.

Is there an exam fee for SPM Prinsip Perakaunan?

Students in government and government-aided schools do not pay a separate subject fee because SPM is funded by the Ministry of Education. Private candidates (calon persendirian) register and pay per-subject fees through the Lembaga Peperiksaan.

What topics does the syllabus cover?

Form 4 covers the accounting cycle for a sole proprietor through to adjustments and correction of errors, while Form 5 covers ratio analysis, incomplete records, internal control, partnerships, limited companies, clubs and associations, and cost accounting.

What counts as a pass in SPM accounting?

Results are reported on the SPM grade scale from A+ down to G (fail). A grade of C or better is generally regarded as a credit, which is what most colleges and employers look for.