Set B: Chapter-Wise Mock Test

Select a chapter below to extract a 99.2% pure, targeted mock exam. The engine will instantly synthesize your test based on your selection.

MODULE 1: STRATEGIC COST MANAGEMENT

SECTION A: CORE COST CONCEPTS & STRATEGIC TOOLS

Chapter 1
Introduction to Strategic Cost Management
Chapter 2
Modern Business Environment
Chapter 3
Lean System and Innovation
Chapter 4
Specialist Cost Management Techniques

SECTION B: EMERGING MODELS & REVENUE DYNAMICS

Chapter 5
Management of Cost Strategically for Emerging Business Models
Chapter 6
Strategic Revenue Management
Chapter 7
Strategic Profit Management

MODULE 2: STRATEGIC PERFORMANCE MANAGEMENT

SECTION C: PERFORMANCE EVALUATION & BENCHMARKING

Chapter 8
Introduction to Strategic Performance Management
Chapter 9
Strategic Performance Measures in Private Sector
Chapter 10
Strategic Performance Measures in Not-for-Profit Organisations
Chapter 11
Preparation of Performance Reports

SECTION D: DIVISIONAL DECISION MAKING & CONTROL

Chapter 12
Divisional Transfer Pricing
Chapter 13
Standard Costing
Scroll for Strategy & Priority Guide ↓

📊 The Set B Blueprint Strategy

Official Syllabus Weightage

  • Module 1: Strategic Cost Management (~50 Marks): Lean Systems, Modern Business, Specialist Costing & Emerging Business Models.
  • Module 2: Strategic Performance Management (~50 Marks): Transfer Pricing, Standard Costing, Performance Frameworks & Case Studies.

Phase 1: High-ROI Lockdown

Since the passing threshold is 50% with zero negative marking, attack the highest-yield, calculation-sound chapters first to build a solid 45+ score baseline.


  • Target 1: Lean System & Innovation (Kaizen, 5S, TPM, OEE, JIT, Cellular Mfg).
  • Target 2: Divisional Transfer Pricing & Standard Costing (Formula clarity).
  • Target 3: Performance Measures (Balanced Scorecard, Building Block Model, EVA).

Master "Formulas & Rules" (MCQ Traps)

ICAI constructs case scenarios heavily around qualitative trade-offs and numerical decision boundaries. Keep concise reference points for:


  • Transfer Pricing: Minimum TP = Additional Outlay Cost + Opportunity Cost. Max TP = Market Price.
  • Throughput Accounting: TA Ratio = Throughput per Bottleneck Minute / Factory Cost per Bottleneck Minute.
  • Variances: Planning vs Operational Variances, Market Size vs Market Share.
CA FINAL • SPOM SET B

Chapter-wise Marks & Priority Guide

Use this guide to identify high-priority chapters and decide where to focus your preparation. Expected marks are indicative planning ranges and are not officially prescribed by ICAI.

🔥
Very High Priority Must prepare thoroughly
⭐
High Priority Strong focus recommended
🟡
Medium Priority Prepare after important chapters
⚪
Last Priority Revise if time permits
Priority Chapter / Area Expected Weightage* Importance Focus Level
🔥 1 Divisional Transfer Pricing (Chapter 12) 10–15 Marks Very High ★★★★★
🔥 2 Lean System and Innovation (Chapter 3) 10–15 Marks Very High ★★★★★
🔥 3 Standard Costing & Advanced Variances (Chapter 13) 8–14 Marks Very High ★★★★★
🔥 4 Specialist Cost Management Techniques (Chapter 4) 8–12 Marks Very High ★★★★★
🔥 5 Strategic Performance Measures in Private Sector (Chapter 9) 8–12 Marks Very High ★★★★★
⭐ 6 Modern Business Environment (Chapter 2) 6–10 Marks High ★★★★☆
⭐ 7 Comprehensive Case Studies (Chapter 14) 6–10 Marks High ★★★★☆
⭐ 8 Introduction to Strategic Cost Management (Chapter 1) 5–8 Marks High ★★★★☆
⭐ 9 Cost Management for Emerging Business Models (Chapter 5) 5–8 Marks High ★★★★☆
⭐ 10 Strategic Revenue Management (Chapter 6) 4–8 Marks High ★★★★☆
⭐ 11 Performance Measures in Not-for-Profit Organisations (Chapter 10) 4–7 Marks High ★★★★☆
🟡 12 Introduction to Strategic Performance Management (Chapter 8) 3–6 Marks Medium ★★★☆☆
🟡 13 Strategic Profit Management (Chapter 7) 3–6 Marks Medium ★★★☆☆
🟡 14 Preparation of Performance Reports (Chapter 11) 2–5 Marks Medium ★★★☆☆
🎯 Where Should You Focus?
01

🔥 First Priority

Divisional Transfer Pricing, Lean Systems (JIT, Kaizen, 5S, TPM), Standard Costing & Planning Variances, Target Costing, and Balanced Scorecard.

02

⭐ Second Priority

Specialist Techniques (Life Cycle Costing, Throughput, EMA), Modern Business Environment (TQM, Cost of Quality), and Emerging Digital Business Models.

03

🟡 Third Priority

Customer Profitability Analysis, Not-for-Profit VFM (3Es), Preparation of Performance Reports, and McKinsey 7-S Model.

⚠️ Important:

The expected marks shown above are indicative preparation ranges. ICAI does not prescribe a fixed chapter-wise distribution of marks. Because SPOM Set B exams test conceptual decision-making via case scenarios, practice applying analytical models, numerical formulas, and strategic trade-offs.

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