Consider a rooted
N 
-ary tree. To each of its vertices, we assign an independent and identically distributed continuous random variable. A vertex is called accessible if the assigned random variables along the path from the root to it are increasing. We study the number
C_N,\,k
of accessible vertices of the first
k 
levels and the number
C_N 
of accessible vertices in the
N 
-ary tree. As
N\rightarrow \infty 
, we obtain the limit distribution of
C_N,\, \beta N
as
\beta 
varies from
0 
to
+\infty 
and the joint limiting distribution of
(C_N, C_N,\,\alpha N+t \sqrt\alpha N)
for
0 < \alpha\leqslant 1
and
t\in \mathbbR 
. In this work, we also obtain a weak law of large numbers for the longest increasing path in the first
n 
levels of the
N 
-ary tree for fixed
N 
.