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ICAI Commerce Wizard-Result 2024 for Level-II : ICAI Commerce Quiz Results 2024 :- The ICAI Commerce Wizard is a competition organized by the Institute of Chartered Accountants of India (ICAI) for students studying in classes IX-XII and graduation. The competition aims to promote commerce education in India and to encourage students to pursue a career in accounting.
The competition has two levels, Level I and Level II. Level I is for students studying in classes IX-XI, and Level II is for students studying in class XII and graduation. The Level I test is held in January, and the Level II test is held in February.
The Level I test covers the following topics:
- Basic Accounting
- Business Mathematics
- Economics
- Business Law
The Level II test covers the following topics:
- Advanced Accounting
- Corporate Finance
- Management Accounting
- Taxation
The top 200 scorers in each level of the competition win prizes. The prizes for Level I are:
- 1st Prize: Rs. 1 lakh
- 2nd Prize: Rs. 50,000
- 3rd Prize: Rs. 25,000
The prizes for Level II are:
- 1st Prize: Rs. 2 lakh
- 2nd Prize: Rs. 1 lakh
- 3rd Prize: Rs. 50,000
The registration fee for the ICAI Commerce Wizard is Rs. 100 for students studying in classes IX-XI and Rs. 150 for students studying in class XII and graduation. The registration deadline for the competition is January 4, 2023.
To register for the ICAI Commerce Wizard, you can visit the ICAI website at https://ccc.icaicommercewizard.org/.
Here are some additional details about the ICAI Commerce Wizard:
- The Competition is open to all students studying in classes IX-XII and Graduation.
- Students must be citizens of India.
- Students must have scored at least 60% in their previous examination.
- Students must be willing to attend the ICAI Commerce Wizard workshop on January 7, 2024.
The ICAI Commerce Wizard is a great opportunity for students to test their knowledge of commerce and to learn more about the CA profession. If you are a student studying in classes IX-XII or graduation, I encourage you to register for the competition.
ICAI Commerce Quiz Results 2024
The ICAI Commerce Wizard is a quiz organized by the Institute of Chartered Accountants of India (ICAI) for students studying in classes IX-XII and graduation. The quiz aims to promote commerce education in India and to encourage students to pursue a career in accounting.
The quiz has two levels, Level I and Level II. Level I is for students studying in classes IX-XI, and Level II is for students studying in class XII and graduation. The Level I quiz is held in January, and the Level II quiz is held in February.
The Level I quiz covers the following topics:
- Basic Accounting
- Business Mathematics
- Economics
- Business Law
The Level II quiz covers the following topics:
- Advanced Accounting
- Corporate Finance
- Management Accounting
- Taxation
The top 200 scorers in each level of the quiz win prizes. The prizes for Level I are:
- 1st Prize: Rs. 1 lakh
- 2nd Prize: Rs. 50,000
- 3rd Prize: Rs. 25,000
The prizes for Level II are:
- 1st Prize: Rs. 2 lakh
- 2nd Prize: Rs. 1 lakh
- 3rd Prize: Rs. 50,000
The registration fee for the ICAI Commerce Wizard is Rs. 100 for students studying in classes IX-XI and Rs. 150 for students studying in class XII and graduation. The registration deadline for the quiz is January 4, 2023.
To register for the ICAI Commerce Wizard, you can visit the ICAI website at https://ccc.icaicommercewizard.org/.
Here are some additional details about the ICAI Commerce Wizard:
- The quiz is open to all students studying in classes IX-XII and graduation.
- Students must be citizens of India.
- Students must have scored at least 60% in their previous examination.
- Students must be willing to attend the ICAI Commerce Wizard workshop on January 7, 2023.
The ICAI Commerce Wizard is a great opportunity for students to test their knowledge of commerce and to learn more about the CA profession. If you are a student studying in classes IX-XII or graduation, I encourage you to register for the quiz.
Here are some sample questions from the ICAI Commerce Wizard:
Level I
- Which of the following is not a fundamental accounting concept?
- Going concern
- Matching principle
- Accrual basis of accounting
- Objectivity
- A company purchased a machine for Rs. 100,000 on January 1, 2023. The machine has an estimated useful life of 5 years and a residual value of Rs. 10,000. What is the depreciation expense for the first year?
- Rs. 18,000
- Rs. 20,000
- Rs. 22,000
- Rs. 24,000
- A company has sales of Rs. 100,000, cost of goods sold of Rs. 60,000, and operating expenses of Rs. 20,000. What is the company’s net income?
- Rs. 20,000
- Rs. 40,000
- Rs. 60,000
- Rs. 80,000
Level II
- A company has a current ratio of 2.0 and a quick ratio of 1.0. What does this mean?
- The company has more current assets than current liabilities.
- The company can easily pay its current liabilities with its cash and marketable securities.
- The company has a high level of liquidity.
- All of the above.
- A company has a debt-to-equity ratio of 0.5. What does this mean?
- The company has more equity than debt.
- The company’s assets are worth twice as much as its liabilities.
- The company is financially sound.
- All of the above.
- A Company has a return on equity of 15%. What does this mean?
- The company earned Rs. 15 for every Rs. 100 invested by shareholders.
- The company’s net income was Rs. 150,000 on sales of Rs. 1 million.
- The company is
www.ccc.icaicommercewizard.org Results 2024 : A Talent Search Test Details
| Name of Organization | The Institute of Chartered Accountants of India ICAI |
| Test Name | ICAI Commerce Wizard 2024 |
| Test Date’s | Level 1 Exam – 16th January 2024
Level 2 Exam – 30th January 2024 |
| Exam Mode | Online |
| Article Focus | ICAI Commerce Wizard Results 2024 Commerce Wizard Level 1 & Level 2 Results 2024 |
| Official Website | www.ccc.icaicommeecewizard.org |
| Results Status | February 2024 |
| Mode of Results | Online |
How to Check ICAI Commerce Wizard Results 2024 ?
The ICAI Commerce Wizard results for 2024 have not yet been announced. The ICAI Commerce Wizard is a national level talent search test for students studying in classes IX, X, XI, XII, and graduation. The Level I test was held on January 8, 2024 , and the Level II test was held on January 29, 2024 .
The results of the ICAI Commerce Wizard will be announced on the ICAI website. You can check the results by following these steps:
- Go to the ICAI website.
- Click on the “Commerce Wizard” tab.
- Click on the “Results” link.
- Enter your roll number and date of birth.
- Click on the “Submit” button.
The results will be displayed on the screen. You can also download a copy of your results by clicking on the “Download” button.
The top 200 scorers in each level of the ICAI Commerce Wizard will win prizes. The prizes for Level I are:
- 1st Prize: Rs. 1 lakh
- 2nd Prize: Rs. 50,000
- 3rd Prize: Rs. 25,000
The prizes for Level II are:
- 1st Prize: Rs. 2 lakh
- 2nd Prize: Rs. 1 lakh
- 3rd Prize: Rs. 50,000
Commerce Wizard Level 2 Exam 2024
The Commerce Wizard Level 2 Exam 2024 has not yet been announced. The Commerce Wizard is a national level talent search test for students studying in classes IX, X, XI, XII, and graduation. The Level I test was held on January 8, 2024 , and the Level II test is expected to be held in February 2024 .
The Level II exam will cover the following topics:
- Advanced Accounting
- Corporate Finance
- Management Accounting
- Taxation
The exam will be a multiple-choice exam with 100 questions. Each question will carry 1 mark. The total marks for the exam will be 100.
The exam will be held in two sessions. The first session will be from 10:00 AM to 11:30 AM, and the second session will be from 12:00 PM to 1:30 PM.
The exam will be held at various centers across India. The exact centers will be announced on the ICAI website closer to the exam date.
The registration for the Commerce Wizard Level 2 Exam 2023 will start in December 2022. The registration fee will be Rs. 150 for students studying in class XII and graduation.
To register for the Commerce Wizard Level 2 Exam 2023, you can follow these steps:
- Go to the ICAI website.
- Click on the “Commerce Wizard” tab.
- Click on the “Register” link.
- Enter your personal details.
- Upload your scanned photograph and signature.
- Pay the registration fee.
The Commerce Wizard Level 2 Exam 2024 is a great opportunity for students to test their knowledge of commerce and to learn more about the CA profession. If you are a student studying in class XII or graduation, I encourage you to register for the exam.
Commerce Wizard Level 2 Exam Overview 2024 :
| Exam | Level | Topics | Date | Time |
|---|---|---|---|---|
| Commerce Wizard | Level 2 | Advanced Accounting, Corporate Finance, Management Accounting, Taxation | February 2023 | 10:00 AM to 11:30 AM, 12:00 PM to 1:30 PM |
| Exam Pattern | Multiple-choice exam with 100 questions. Each question will carry 1 mark. The total marks for the exam will be 100. | |||
| Exam Centers | Various centers across India. The exact centers will be announced on the ICAI website closer to the exam date. | |||
| Registration | Registration will start in December 2022. The registration fee will be Rs. 150 for students studying in class XII and graduation. | |||
| How to Register | To register for the Commerce Wizard Level 2 Exam 2023, you can follow these steps: |
