CPA Program: Ethics and Governance Practice Test

238 questions available

Build your confidence for CPA Program: Ethics and Governance. Practice the concepts, understand the answers, and strengthen your knowledge one question at a time.

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Certification exam
3 hours Time Limit
Your practice
238 Practice questions
3 hours 58 minutes Practice Time
Try 5 free questions
No account needed. A free account includes 20 questions for this exam.
The bar to clear 60 Published passing score for this certification.
Official objectives from CPA Australia
CPA Australia238 practice questionsBank updated 2026-09-26
Blueprint verifiedChecked against CPA Australia official objectivesMetadata verified 2026-06-09How we verify

Exam overview and details

The CPA Program: Ethics and Governance Practice Test is a comprehensive assessment designed to evaluate a candidate's understanding of the core principles that underpin professional conduct and organizational oversight in the accounting and finance profession. This exam covers five critical domains: Corporate Governance, Professional and Ethical Responsibilities, Regulatory Environment, Social Responsibility and Sustainability, and The Ethical Framework. It is intended for CPA candidates, accounting professionals, and business leaders who seek to demonstrate their competence in navigating complex ethical dilemmas, understanding governance structures, and applying regulatory standards in real-world scenarios. By taking this practice test, users will gain a clear benchmark of their knowledge, identify areas requiring further study, and build confidence in their ability to uphold the integrity expected of a CPA. The content is aligned with the official CPA syllabus and emphasizes practical application, ensuring that test-takers are not only prepared for the exam but also equipped to make sound decisions in their professional roles.

Sample Questions

Choose an answer and explore the explanation to see how practice works.

Professional and Ethical Responsibilities

A higher education provider has submitted an accreditation submission to a Professional Body and completed all prior review steps. Who is responsible for considering the submission and communicating the outcome to the provider?

Corporate Governance

A practice manager reviewing market conditions asks what current figures suggest about competing for accounting talent. Annual salary growth for accounting professionals has been described as sitting at around two to three per cent. What broader point does this observation support?

Social Responsibility and Sustainability

A candidate asks which subject in the CPA Program serves as the capstone that integrates knowledge from earlier core areas. Which subject is described this way?

The Ethical Framework

An elective subject in the CPA Program is described as extending the basic concepts of Australian tax law to evaluate how complicated commercial and investment structures are treated for tax purposes. Which subject does this describe?

Professional and Ethical Responsibilities

A candidate who has been granted Associate Membership status following an Experience-Based Pathway assessment is reviewing the remaining steps to CPA status. Which of the following is still required of this Associate member?

Career Opportunities & Salary

Median salary: $83,680– Accountants and Auditors

Source: BLS Occupational Employment and Wage Statistics, May 2025 -- Accountants and Auditors (SOC 13-2011), US national. Occupation median, not a certification salary. (2025)

Accountants and Auditors

Exam insights and study advice

This practice test matters because ethics and governance are the foundation of public trust in the accounting profession. In a landscape marked by corporate scandals, evolving regulations, and increasing stakeholder scrutiny, CPAs must be able to identify ethical risks, advise on governance best practices, and ensure compliance with legal and professional standards. The knowledge tested here directly impacts your ability to protect your organization's reputation, avoid legal liabilities, and contribute to sustainable business practices. Mastering these topics is not just about passing an exam; it is about developing the judgment and integrity that define a trusted advisor.

These are the backgrounds the certifying body suggests. Check the vendor's own page for anything it formally requires.

What this exam covers

Use the published domain weights to plan your study. Practice results do not predict your certification exam score.

01Corporate Governance

25%

02Professional and Ethical Responsibilities

25%

03The Ethical Framework

20%

04Regulatory Environment

15%

05Social Responsibility and Sustainability

15%

Exam Details EG | $650 USD | 3 hours

Exam Code EG
Vendor CPA Australia
Exam Cost $650 USD
Passing Score 60
Time Limit 3 hours
Question TypesMultiple Choice, Extended Response, Case Study Scenarios
Retake Policy Candidates who fail may re-enrol in the segment and resit. Full segment fee applies for re-enrolment. No limit on the number of attempts per segment.
Exam Format Online, open book, 3-hour computer-based exam with scenario-based questions
Online Proctoring Available
Exam rules Online computer-based exam, 3 hours. Open book — CPA Australia learning materials may be accessed during the exam. Internet browsing beyond the permitted CPA materials is not allowed. Remote proctor monitors via webcam throughout the examination.
Available In
English

Frequently Asked Questions

How many questions are on the actual CPA Ethics and Governance exam, and how does this practice test compare?

Are the questions on this practice test based on the current CPA syllabus?

What is the best way to use this practice test for studying?

Do I need to memorize specific legislation or codes for this exam?

How is the Regulatory Environment topic different from Professional and Ethical Responsibilities?