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CGA Certified General Accountant VIP Practice Exam
CGA — The CGA (Certified General Accountant) designation was issued by CGA Canada; the program merged into CPA Canada in 2014. The legacy CGA Professional Applications (PA1) exam was a 4-hour, multi-part examination covering financial accounting, management accounting, taxation, audit and assurance, finance, and business strategy — typically requiring 65% to pass. This practice exam mirrors those core knowledge domains at PA-level difficulty.
57
Questions
180m
Time Limit
65.00%
To Pass
Question 1 of 57👑 VIP
Hartwell Manufacturing Ltd. enters into a contract on January 1 to manufacture and deliver 500 custom industrial units to a single customer over 12 months. The contract price is $2,400,000. By June 30, Hartwell has incurred $900,000 of estimated total costs of $1,800,000. The units cannot be used for any other customer and Hartwell has an enforceable right to payment for work performed to date. Under IFRS 15, how much revenue should Hartwell recognize for the six months ended June 30?
Questions 2–57 and full explanations are VIP-exclusive.