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Free Practice Questions for OCC Exame de Avaliação Profissional

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Key Facts: OCC Exame de Avaliação Profissional Exam

4 hours

Maximum duration of the Opção 2 professional exam, set as two 2-hour parts

Regulamento n.º 363/2024, Article 34(2); OCC exam rules

10 / 20 values

Pass mark: at least 50% of the available points

Regulamento n.º 363/2024, Article 42

€200

Opção 2 exam fee (admission fees waived until the end of 2026)

OCC Opção 2 page and 2026 fee-waiver notice

700 hours

Minimum professional internship (maximum 8 months) on the Opção 2 route

Regulamento n.º 363/2024, Article 9

Portuguese

Language of the professional exam

Regulamento n.º 363/2024, Article 2(1)(c)

Opção 2 candidates (an estágio profissional of at least 700 hours, or 3+ years of relevant experience in the last 10) sit the OCC's 4-hour in-person exam in Portuguese: two 2-hour parts of multiple-choice practical cases, with paper materials allowed, passed with 50% (10/20). It covers financial accounting, cost accounting, taxation and ethics. The €200 fee is waived for 2026 candidates. This bank is an independent English-language MCQ study adaptation, not an official translation.

Sample OCC Exame de Avaliação Profissional Practice Questions

Try these sample questions to review concepts for the OCC Exame de Avaliação Profissional exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 105+ question experience with AI tutoring.

1Under the SNC Estrutura Conceptual, which of the four principal qualitative characteristics of financial statements is present when information is free from material error and bias and users can depend on it to represent faithfully what it purports to represent?
A.Reliability (fiabilidade)
B.Relevance (relevância)
C.Comparability (comparabilidade)
D.Understandability (compreensibilidade)
Explanation: The SNC Estrutura Conceptual names four principal qualitative characteristics: compreensibilidade, relevância, fiabilidade and comparabilidade. Information is reliable (fiável) when it is free from material error and bias and can be depended upon to represent faithfully what it purports to represent; representação fidedigna, substância sobre a forma, neutralidade, prudência and plenitude are the attributes that support reliability. The 'fundamental versus enhancing' split comes from the later IASB framework, not from the SNC text.
2Under NCRF 7 (Ativos Fixos Tangíveis), which of the following costs incurred by an entity must be included in the initial carrying amount of an item of property, plant, and equipment?
A.Costs of opening a new commercial facility or operational branch
B.Delivery, handling and site preparation costs needed to bring the asset to working condition
C.Costs of advertising and promotional activities for introducing a newly manufactured product
D.Administration and general overhead costs incurred while the equipment is being commissioned
Explanation: NCRF 7 §18 lists examples of directly attributable costs that form part of the cost of an item of property, plant and equipment, including site preparation, initial delivery and handling, installation and assembly, testing whether the asset functions properly, and professional fees. These are the costs needed to bring the asset to the location and condition necessary for it to operate as management intends.
3A Portuguese manufacturing entity acquired specialized equipment on 1 January 2024 for €120,000 with an estimated residual value of €12,000 and an expected useful life of 6 years. The entity applies the straight-line depreciation method under NCRF 7. On 31 December 2025, what is the accumulated depreciation recognized in the financial statements?
A.€40,000
B.€32,000
C.€36,000
D.€18,000
Explanation: Under NCRF 7, the depreciable amount is cost less residual value: €120,000 - €12,000 = €108,000. Annual straight-line depreciation is €108,000 / 6 years = €18,000 per year. For two complete financial years (2024 and 2025), accumulated depreciation is €18,000 × 2 = €36,000.
4Under NCRF 6 (Ativos Intangíveis), which accounting treatment is mandatory for expenditure incurred during the research phase of an internal project to develop software?
A.It must be capitalized as an intangible asset under development if future economic benefits are probable
B.It is deferred on the balance sheet and amortized once the software goes live
C.It must be recognized directly in equity under other reserves until commercial feasibility
D.It must be recognized as an expense in profit or loss when incurred
Explanation: Under NCRF 6, no intangible asset arising from research (or from the research phase of an internal project) is recognized. Research expenditure is expensed when incurred because, at that stage, the entity cannot demonstrate that an intangible asset exists that will generate probable future economic benefits.
5An entity tests a production machine for impairment under NCRF 12 on 31 December 2025. The carrying amount of the machine is €85,000. Its fair value less costs of disposal is estimated at €72,000, and its value in use (present value of expected future cash flows) is calculated at €76,000. What is the impairment loss to be recognized?
A.€9,000
B.€13,000
C.€0
D.€4,000
Explanation: Under NCRF 12, recoverable amount (quantia recuperável) is defined as the higher of an asset's fair value less costs to sell (€72,000) and its value in use (€76,000), so it is €76,000 here. The impairment loss is the excess of carrying amount (€85,000) over recoverable amount (€76,000) = €9,000, recognized in profit or loss.
6Under NCRF 18 (Inventários), inventories must be measured at the lower of cost and which other measure?
A.Replacement cost (custo de reposição)
B.Net realizable value (valor realizável líquido)
C.Historical fair value less selling costs
D.Current exit price in a liquidation auction
Explanation: NCRF 18 paragraph 9 specifies that inventories shall be measured at the lower of cost and net realizable value (valor realizável líquido), which is the estimated selling price in the ordinary course of business less the estimated costs of completion and the estimated costs necessary to make the sale.
7A retail company holds 500 units of Product Beta in inventory with an acquisition cost of €60 per unit (total €30,000). At year-end, the market selling price drops to €55 per unit, and the company expects to incur selling and packaging costs of €3 per unit. What is the net inventory valuation on the balance sheet under NCRF 18?
A.€27,500
B.€30,000
C.€26,000
D.€28,500
Explanation: Net realizable value (NRV) per unit is estimated selling price (€55) minus estimated selling costs (€3), giving €52 per unit. Since NRV (€52) is less than cost (€60), inventories must be written down to NRV. Total balance sheet inventory valuation is 500 units × €52 = €26,000, requiring an impairment loss of €4,000 (€30,000 - €26,000).
8Under NCRF 9 (Locações), which situation would normally lead a lessee to classify a lease of industrial equipment as a finance lease (locação financeira)?
A.The lease gives the lessee the right to use the equipment for an agreed period in exchange for a series of payments
B.Lease payments are fixed in euros, payable monthly in advance, and include a maintenance charge
C.The lessor keeps the obsolescence risk, insures the equipment, and the lease term covers only a small part of its economic life
D.Substantially all the risks and rewards of ownership pass to the lessee, e.g. ownership transfers at the end of the term
Explanation: NCRF 9 classifies leases according to the extent to which the risks and rewards incidental to ownership rest with the lessor or the lessee: a finance lease transfers substantially all of them, and an operating lease is any lease that is not a finance lease. Transfer of ownership at the end of the term is a classic indicator of a finance lease. The SNC keeps this two-model approach (based on IAS 17), so, unlike IFRS 16, a lessee does not recognize a right-of-use asset for an operating lease.
9Under NCRF 19 (Contratos de Construção), when the outcome of a construction contract can be estimated reliably, how must contract revenue and contract costs be recognized?
A.By reference to the stage of completion at the balance sheet date (percentagem de acabamento)
B.Only on full completion and formal handover of the asset to the customer (contrato completado)
C.Evenly in equal monthly instalments over the contract term, regardless of work performed
D.On the dates on which customers are invoiced or pay, whichever comes first
Explanation: NCRF 19 requires contract revenue and contract costs to be recognized by reference to the stage of completion of the contract activity at the balance sheet date (método da percentagem de acabamento) when the outcome can be estimated reliably, and an expected loss on a contract is recognized as an expense immediately. NCRF 20 (Rédito) applies the same stage-of-completion approach to the rendering of services.
10Under NCRF 21 (Provisões, Passivos Contingentes e Ativos Contingentes), which three conditions are strictly required before a provision can be recognized on the balance sheet?
A.A potential obligation, possible outflow of resources, and management board approval
B.A present obligation from a past event, a probable outflow of resources and a reliable estimate
C.A future business commitment, probable future profit, and third-party supplier quotation
D.A past event, certainty of economic loss, and an exact invoiced liability amount
Explanation: NCRF 21 states that a provision is recognized when: (a) the entity has a present obligation (legal or constructive) as a result of a past event; (b) it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation; and (c) a reliable estimate can be made of the amount of the obligation.

About the OCC Exame de Avaliação Profissional Exam

Independent practice questions by OpenExamPrep for the Exame de Avaliação Profissional of the Ordem dos Contabilistas Certificados (OCC) in Portugal, covering the four Opção 2 syllabus areas: financial accounting under the SNC, cost accounting, Portuguese taxation (IRC, IRS, IVA, RITI, IMI, IMT and stamp duty) and ethics and deontology under the Estatuto and Código Deontológico.

Exam sponsor: Ordem dos Contabilistas Certificados (OCC). The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

Two 2-hour parts separated by a break, covering Contabilidade Geral (financial accounting), Contabilidade Analítica (cost accounting), Fiscalidade (taxation) and Ética e Deontologia through interlinked practical cases

Time Limit

4 hours (two 2-hour parts)

Passing Score

At least 50% of the available points (10 out of 20 values)

Exam / Certification Fees

€200 exam fee (Opção 2); OCC admission-process fees waived until the end of 2026

Exam sponsor website

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

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

Contabilidade Geral (Financial Accounting)

SNC and its conceptual framework, NCRF measurement and presentation (revenue, inventories, fixed and intangible assets, leases, provisions, financial instruments, income taxes), company operations and appropriation of results, and consolidation

Not published

Contabilidade Analítica (Cost Accounting)

Cost classification, costing systems (full, variable and rational costing, job and process costing), joint products, departmentalization, standard costing and variances, cost-volume-profit analysis and budgeting

Not published

Fiscalidade (Taxation)

Tax system principles and procedure (LGT, CPPT), IRC and IRS, IVA (including place of supply, RITI and e-commerce), double taxation conventions, IMI, IMT and Imposto do Selo

Not published

Ética e Deontologia

Estatuto da OCC and Código Deontológico: functions, rights and duties of the Contabilista Certificado, secrecy, fees, incompatibilities, disciplinary regime, tax liability (LGT Article 24) and anti-money laundering duties under Lei n.º 83/2017

Preparing for the OCC Exame de Avaliação Profissional Exam

What You Need to Know

  • Passing score: At least 50% of the available points (10 out of 20 values)
  • Assessment: Two 2-hour parts separated by a break, covering Contabilidade Geral (financial accounting), Contabilidade Analítica (cost accounting), Fiscalidade (taxation) and Ética e Deontologia through interlinked practical cases
  • Time limit: 4 hours (two 2-hour parts)
  • Exam / certification fees: €200 exam fee (Opção 2); OCC admission-process fees waived until the end of 2026 Official sources

Using Our Practice Resources

  • Work through all 105 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

OCC Exame de Avaliação Profissional: Suggested Study Strategy

1Master the link between accounting profit and taxable profit under the CIRC, including the non-deductible items in Article 23-A and the autonomous taxation rates in Article 88
2Practise impairment and inventory calculations under NCRF 12 and NCRF 18, focusing on recoverable amount and net realizable value
3Learn the CIVA deduction exclusions in Article 21, the Article 23 pro rata, and the RITI rules for intra-Community acquisitions
4Work through cost accounting computations: joint-cost allocation, full versus variable versus rational costing, standard-cost variances and break-even analysis
5Know the Estatuto and Código Deontológico rules on secrecy, contracts, fees, succession between accountants and disciplinary sanctions, plus AML duties under Lei n.º 83/2017
6Prepare well-organized paper copies of the codes and standards you plan to consult, because only paper materials are allowed in the exam room

Frequently Asked Questions

What is the OCC Exame de Avaliação Profissional?

It is the professional exam that candidates on the OCC's Opção 2 access route must pass to register as a Contabilista Certificado in Portugal. Under Regulamento n.º 363/2024 it is a written paper of an eminently practical nature lasting up to four hours; the OCC sets it in two 2-hour parts of practical cases in multiple-choice format.

Who takes this exam, and what are the other access routes?

Opção 2 is for candidates with a qualifying degree who complete a professional internship of at least 700 hours (maximum 8 months) or prove at least 3 years of relevant accounting or tax experience in the last 10 years. Opção 1 (curricular internship) ends with an ethics and deontology exam, and Opção 3 (modular training) is assessed module by module.

How is the exam scored?

The result is 'Aprovado' or 'Não aprovado'. A candidate passes with at least 50% of the available points on a 0 to 20 scale (Article 42 of Regulamento n.º 363/2024), and the paper shows the value of each answer and any deductions for wrong answers.

What materials are allowed?

Consultation is allowed only on paper, and candidates may use a non-programmable calculator (Article 43). Phones, tablets, smartwatches and other electronic devices are prohibited and lead to annulment of the exam.

How much does it cost in 2026, and when are the next sittings?

The OCC lists €100 for registration, €150 for internship admission (or €100 for review of professional experience) and €200 for the exam, but it waived all admission-process fees for candidates until the end of 2026. The OCC's Opção 2 page announces exams on 31 October 2026 and 24 April 2027.

Is this practice bank an official OCC exam or translation?

No. The OCC exam is taken in Portuguese (Article 2 of Regulamento n.º 363/2024). This bank is an independent English-language MCQ study adaptation by OpenExamPrep that keeps Portuguese legal and technical terms; it is not an official translation, a replica of the OCC's practical cases, or endorsed by the OCC.