Which of the following is not one of the penalties that can be imposed by the BOA? a. Reprimand b. Fine or imprisonment c. Revocation of CPA certificate d. Suspension of CPA certificate

Which of the following is not one of the
penalties that can be imposed by the BOA?
a. Reprimand
b. Fine or imprisonment
c. Revocation of CPA certificate
d. Suspension of CPA certificate
by

1 Answer

Answer :

Fine or imprisonment
by

Related questions

Which of the following is not a ground for suspension or removal of members of BOA? a. Negligence in the performance of duties, or lack of professional competence. b. Intolerance of violations of the Philippine Accountancy Act. c. Final judgment of crimes involving moral turpitude. d. Rigging of the CPA licensure examination results.

Description : Which of the following is not a ground for suspension or removal of members of BOA? a. Negligence in the performance of duties, or lack of professional competence. b. Intolerance of ... . Final judgment of crimes involving moral turpitude. d. Rigging of the CPA licensure examination results.

Last Answer : Intolerance of violations of the Philippine Accountancy Act.

.Which of the following is not a requirement for a person applying for the CPA Board Examinations? a. Good moral character b. Degree of BS Accountancy c. Natural-born Filipino citizen d. No conviction of any criminal offense involving moral turpitude.

Description : .Which of the following is not a requirement for a person applying for the CPA Board Examinations? a. Good moral character b. Degree of BS Accountancy c. Natural-born Filipino citizen d. No conviction of any criminal offense involving moral turpitude.

Last Answer : Natural-born Filipino citizen

In "auditing" accounting data, the auditor is concerned with a. Analyzing the financial information to be sure that it complied with government requirement. b. Determining if fraud has occurred. c. Determining whether recorded information properly reflects theeconomic events that occurredduring the accounting period.d. Determining if taxable income has beencalculated correctly

Description : In "auditing" accounting data, the auditor is concerned with a. Analyzing the financial information to be sure that it complied with government requirement. b. Determining if fraud has ... that occurred during the accounting period. d. Determining if taxable income has been calculated correctly

Last Answer : economic events that occurred during the accounting period.

The risk that the audit will fail to uncover a material misstatement is eliminated a. When the auditor has complied with generally accepted auditing standards. b. If client has good internal control. c. If client follows generally accepted accounting principles. d. Under no circumstances

Description : The risk that the audit will fail to uncover a material misstatement is eliminated a. When the auditor has complied with generally accepted auditing standards. b. If client has good internal control. c. If client follows generally accepted accounting principles. d. Under no circumstances

Last Answer : Under no circumstances

The risk that the audit will fail to uncover a material misstatement is eliminated a. When the auditor has complied with generally accepted auditing standards. b. If a client has strong internal controls. c. If a client follows generally accepted accounting principles. d. Under no circumstances

Description : The risk that the audit will fail to uncover a material misstatement is eliminated a. When the auditor has complied with generally accepted auditing standards. b. If a client has strong internal controls. c. If a client follows generally accepted accounting principles. d. Under no circumstances

Last Answer : Under no circumstances

Which of the following services is not within the area of public accounting? a. Attest function b. Taxation service c. Write-up work for one client d. Management advisory services

Description : Which of the following services is not within the area of public accounting? a. Attest function b. Taxation service c. Write-up work for one client d. Management advisory services

Last Answer : Write-up work for one client

If it is probable that the judgment of a reasonable person would have been changed or influenced by the omission or misstatement of information, then the information is a. Relevant. b. Pervasive. c. Material. d. Significant

Description : If it is probable that the judgment of a reasonable person would have been changed or influenced by the omission or misstatement of information, then the information is a. Relevant. b. Pervasive. c. Material. d. Significant

Last Answer : Material.

The QRC shall have the following functions: a. Conduct quality control review on applicants for registration to practice public accountancy and render a report on such quality review. b. Mete out sentences of imprisonment to CPAs who fail to present a valid system of quality control. c. Revoke the certificate of registration and professional ID of an individual CPA, firm, or partnership of CPAs who have not observed quality control measures and who has not complied with the standards of quality prescribed for the practice of public accountancy. d. All of these

Description : The QRC shall have the following functions: a. Conduct quality control review on applicants for registration to practice public accountancy and render a report on such quality review. b. Mete out ... with the standards of quality prescribed for the practice of public accountancy. d. All of these

Last Answer : Conduct quality control review on applicants for registration to practice public accountancy and render a report on such quality review.

In the case of contracts for mail cart lines, penalties and forfeitures for delays and other breaches of agreement, will be imposed by a) Superintendent of post office b) Sub divisional inspector c) Head of the circle d) None of these

Description : In the case of contracts for mail cart lines, penalties and forfeitures for delays and other breaches of agreement, will be imposed by a) Superintendent of post office b) Sub divisional inspector c) Head of the circle d) None of these

Last Answer : a) Superintendent of post office

A member of the BOA shall, at the time of his/her appointment, possess the following qualifications, excepta. Must be a natural-born citizen andresident of the Philippines.b. Must not be a director or officer of theAPO at the time of his/her appointment.c. Must be of good moral character andmust not have been convicted of crimesinvolving moral turpitude.d. Must be a duly registered CPA withmore than ten (10) years of workexperience in any scope of practiceof accountancy.

Description : A member of the BOA shall, at the time of his/her appointment, possess the following qualifications, except a. Must be a natural-born citizen and resident of the Philippines. b. Must not be a ... registered CPA with more than ten (10) years of work experience in any scope of practice of accountancy.

Last Answer : Must be a duly registered CPA with more than ten (10) years of work experience in any scope of practice of accountancy.

The death, or disability of an individual CPA and/or the dissolution and liquidation of a firm or partnership of CPAs shall be reported to the BOA not later than ___ days from the date of such death, dissolution or liquidation. a. 15 b. 30 c. 60 d. 90

Description : The death, or disability of an individual CPA and/or the dissolution and liquidation of a firm or partnership of CPAs shall be reported to the BOA not later than ___ days from the date of such death, dissolution or liquidation. a. 15 b. 30 c. 60 d. 90

Last Answer : 30

A certificate under seal, bearing a registration number, issued to an individual, by the PRC, upon recommendation by the BOA, signifying that the individual has complied with all the legal and procedural requirements for such issuance: a. Certificate of accreditation b. Certificate of registration c. Certificate of quality review d. Certificate of identification

Description : A certificate under seal, bearing a registration number, issued to an individual, by the PRC, upon recommendation by the BOA, signifying that the individual has complied with all the ... accreditation b. Certificate of registration c. Certificate of quality review d. Certificate of identification

Last Answer : Certificate of registration

Which of the following is not mentioned as a power of the Board? a. To monitor the conditions affecting the practice of accountancy. b. To supervise the registration, licensure and practice of accountancy. c. To sentence to imprisonment CPAs who have been found guilty of violations of the Accountancy Act. d. To issue, suspend, revoke, or reinstate the Certificate of Registration for the practice of the accountancy profession

Description : Which of the following is not mentioned as a power of the Board? a. To monitor the conditions affecting the practice of accountancy. b. To supervise the registration, licensure and ... , suspend, revoke, or reinstate the Certificate of Registration for the practice of the accountancy profession

Last Answer : To sentence to imprisonment CPAs who have been found guilty of violations of the Accountancy Act

The Code of Ethics contains both general ethical principles that are aspirational in character and also a: a. List of violations that would cause the automatic suspension of the CPA’s license. b. Description of the CPA’s procedures for responding to an inquiry from trial board. c. Set of specific, mandatory rules describing levels of conduct the CPA must observe. d. List of specific crimes that would be considered as acts discreditable to the profession.

Description : The Code of Ethics contains both general ethical principles that are aspirational in character and also a: a. List of violations that would cause the automatic suspension of the CPA's license. b ... observe. d. List of specific crimes that would be considered as acts discreditable to the profession.

Last Answer : Set of specific, mandatory rules describing levels of conduct the CPA must observe

Breach of contract to attend on and supply wants of helpless person shall be punished with imprisonment of either description for a term which may extend to ____, or with fine which may extend to _____, or with both a) One month, One thousand b) Three month, five hundred c) Three month, two hundred d) None of these

Description : Breach of contract to attend on and supply wants of helpless person shall be  punished with imprisonment of either description for a term which may extend to ____, or  with fine which may extend to _____, ... One thousand b) Three month, five hundred c) Three month, two hundred d) None of these 

Last Answer : c) Three month, two hundred 

Whoever holds out any threat of injury to any public servant, or to any person in whom he believes that public servant to be interested shall be punished with imprisonment of either description for a term which may extend to ____ months, or with fine or with both. a) Six month b) Three month c) One year d) Two year

Description : Whoever holds out any threat of injury to any public servant, or to any person in  whom he believes that public servant to be interested shall be punished with  imprisonment of either description for a term which may ... fine or with both. a) Six month b) Three month c) One year d) Two year

Last Answer : a) Six month, One thousand

if such disobedience causes or tends to cause danger to human life, health or safety, or causes or tends to cause a riot or affray, shall be punished with imprisonment of either description for a term which may extend to ____, or with fine which may extend to _____, or with both a) Six month, One thousand b) Three month, five hundred c) Six month five hundred d) None of these

Description : if such disobedience causes or tends to cause danger to human life, health or safety,  or causes or tends to cause a riot or affray, shall be punished with imprisonment of either  description for a term ... , One thousand b) Three month, five hundred c) Six month five hundred d) None of these

Last Answer : a) Six month, One thousand

Disobedience to order duly promulgated by public servant shall be punished with imprisonment of either description for a term which may extend to ____ , or with fine which may extend to ___ rupees, or with both a) One month, six hundred b) Three month, five hundredc) One month, two hundred d) None of these.

Description : Disobedience to order duly promulgated by public servant shall be punished with  imprisonment of either description for a term which may extend to ____ , or with fine  which may extend to ___ rupees, or with ... six hundred b) Three month, five hundred c) One month, two hundred d) None of these

Last Answer : c) One month, two hundred

Whoever, being bound by law to render or furnish assistance to any public servant in the execution of his public duty, intentionally omits to give such assistance, shall be punished with simple imprisonment for a term which may extend to ___, or with fine which may extend to ___rupees, or with both; a) One month, six hundred b) Three month, five hundred c) One month, two hundred d) None of these

Description : Whoever, being bound by law to render or furnish assistance to any public servant  in the execution of his public duty, intentionally omits to give such assistance, shall be  punished with simple imprisonment for ... hundred b) Three month, five hundred c) One month, two hundred d) None of these

Last Answer : c) One month, two hundred

Illegal purchase or bid for property offered for sale by authority of public servant shall be punished with imprisonment of either description for a term which may extend to ____, or with fine which may extend to ____ rupees, or with both a) One month, six hundred b) One month, five hundred c) One month, two hundred d) None of these

Description : Illegal purchase or bid for property offered for sale by authority of public servant  shall be punished with imprisonment of either description for a term which may extend  to ____, or with fine which may extend ... six hundred b) One month, five hundred c) One month, two hundred d) None of these

Last Answer : c) One month, two hundred

Whoever intentionally obstructs any sale of property offered for sale by the lawful authority of any public servant, as such, shall be punished with imprisonment of either description for a term which may extend to ____, or with fine which may extend to ____ rupees, or with both a) One month, six hundred b) One month, five hundred c) Six month, one thousand d) None of these

Description : Whoever intentionally obstructs any sale of property offered for sale by the lawful  authority of any public servant, as such, shall be punished with imprisonment of either  description for a term which may extend ... hundred b) One month, five hundred c) Six month, one thousand d) None of these

Last Answer : b) One month, five hundred

Resistance to the taking of property by the lawful authority of a public servant shall be punished with simple imprisonment may extend_____ , or with fine which may extend to ____ or with both a) One month, five hundred b) Three months, five hundred c) Six month, one thousand d) None of these

Description : Resistance to the taking of property by the lawful authority of a public servant shall  be punished with simple imprisonment may extend_____ , or with fine which may extend to  ____ or with both a) One month, five hundred b) Three months, five hundred c) Six month, one thousand d) None of these

Last Answer : c) Six month, one thousand

False information, with intent to cause public servant to use his lawful power to the injury of another person shall be punished with a) Simple imprisonment for a term may extend to 6 month b) With fine which may extend to five hundred rupees c) Both the A & B d) A or B or C

Description : False information, with intent to cause public servant to use his lawful power to the  injury of another person shall be punished with a) Simple imprisonment for a term may extend to 6 month b) With fine which may extend to five hundred rupees c) Both the A & B d) A or B or C

Last Answer : d) A or B or C

False statement on oath or affirmation to public servant or person authorized to administer an oath or affirmation shall be punished with imprisonment a) Simple imprisonment for a term may extend to 3 years or with fine or both b) Simple imprisonment for a term may extend to 2 years or with fine or both c) Simple imprisonment for a term may extend to 1 years or with fine or bothd) None of these

Description : False statement on oath or affirmation to public servant or person authorized to  administer an oath or affirmation shall be punished with imprisonment a) Simple imprisonment for a term may extend to 3 years or ... for a term may extend to 1 years or with fine or both d) None of these

Last Answer : a) Simple imprisonment for a term may extend to 3 years or with fine or both

Refusing to sign statement shall be punished with a) Simple imprisonment for a term may extend to 3 month b) With fine which may extend to five hundred rupees c) Both the A & B d) A or B or C

Description : Refusing to sign statement shall be punished with a) Simple imprisonment for a term may extend to 3 month b) With fine which may extend to five hundred rupees c) Both the A & B d) A or B or C

Last Answer : d) A or B or C

Refusing to answer public servant authorised to question shall be punished with a) Simple imprisonment for a term may extend to 6 month b) With fine which may extend to one thousand rupees c) Both the A & B d) A or B or C

Description : Refusing to answer public servant authorised to question shall be punished with a) Simple imprisonment for a term may extend to 6 month b) With fine which may extend to one thousand rupees c) Both the A & B d) A or B or C

Last Answer : d) A or B or C

Refusing oath or affirmation when duly required by public servant to make it shall be punished with a) Simple imprisonment for a term may extend to 6 month b) With fine which may extend to one thousand rupees c) Both the A & B d) A or B or C

Description : Refusing oath or affirmation when duly required by public servant to make it shall  be punished with a) Simple imprisonment for a term may extend to 6 month b) With fine which may extend to one thousand rupees c) Both the A & B d) A or B or C

Last Answer : d) A or B or C

Mark the correct option a) Non-attendance in obedience to an order from public servant shall be punished with simple imprisonment for a term which may extend to one month, or with fine which may extend to five hundred rupees, or with both b) Non appearance in response to a proclamation under section 82 shall be punished with imprisonment for a term which may extend to 3 year or with fine or bothc) Both the A and Bd) Neither A nor B

Description : Mark the correct option a) Non-attendance in obedience to an order from public servant shall be punished  with simple imprisonment for a term which may extend to one month, or with fine  which may extend to five hundred ... to 3 year or with fine or both c) Both the A and B d) Neither A nor B

Last Answer : c) Both the A and B

If the summons or notice or order is to attend in person or by agent, or to produce a document or an electronic record in a court of justice. a) Imprisonment for a term which may be extend 1 month or with fine which may be extend to five hundred rupees or with both b) Imprisonment for a term which may be extend 3 month or with fine which may be extend to five hundred rupees or with both c) Imprisonment for a term which may be extend 6 month or with fine which may be extend to one thousand rupees or with both d) None of these

Description : If the summons or notice or order is to attend in person or by agent, or to produce  a document or an electronic record in a court of justice. a) Imprisonment for a term which may be extend 1 month ... 6 month or with fine which may  be extend to one thousand rupees or with both d) None of these

Last Answer : c) Imprisonment for a term which may be extend 6 month or with fine which may  be extend to one thousand rupees or with both

Whoever absconds in order to avoid being served with a summons, notice or order proceeding from any public servant legally competent shall be punished with a) Imprisonment for a term which may be extend 1 month or with fine which may be extend to five hundred rupees or with both b) Imprisonment for a term which may be extend 3 month or with fine which may be extend to five hundred rupees or with both c) Imprisonment for a term which may be extend 6 month or with fine which may be extend to five hundred rupees or with both d) None of these

Description : Whoever absconds in order to avoid being served with a summons, notice or order  proceeding from any public servant legally competent shall be punished with  a) Imprisonment for a term which may be extend 1 ... with fine which may  be extend to five hundred rupees or with both d) None of these

Last Answer : a) Imprisonment for a term which may be extend 1 month or with fine which may  be extend to five hundred rupees or with both

Wearing garb or carrying token used by public servant with fraudulent intend a) Imprisonment for a term which may be extend 2 years or with fine or both b) Imprisonment for a term which may be extend 3 years or with fine or both c) Imprisonment for a term which may be extend 3 month or with fine which may be extend to two hundred rupees or with both (cognizable bailable) d) None of these

Description : Wearing garb or carrying token used by public servant with fraudulent intend a) Imprisonment for a term which may be extend 2 years or with fine or both b) Imprisonment for a term which may be ... which may  be extend to two hundred rupees or with both (cognizable bailable) d) None of these

Last Answer : c) Imprisonment for a term which may be extend 3 month or with fine which may  be extend to two hundred rupees or with both (cognizable bailable)

Personating a public servant shall be punished with(Cognizable non bailable) a) Imprisonment for a term which may be extend 2 years or with fine or both b) Imprisonment for a term which may be extend 3 years or with fine or both c) Either A or B at the discretion of the court d) None of these

Description : Personating a public servant shall be punished with(Cognizable non bailable) a) Imprisonment for a term which may be extend 2 years or with fine or both b) Imprisonment for a term which may be extend 3 years or with fine or both c) Either A or B at the discretion of the court d) None of these

Last Answer : a) Imprisonment for a term which may be extend 2 years or with fine or both

Whoever, being a public servant, and being legally bound as such public servant, not to purchase or bid for certain property, purchases or bids for that property, either in his own name or in the name of another, or jointly, or in shares with others, shall be punished with a) Simple imprisonment for a term which may be extend 1 year or with fine or both b) Simple imprisonment for a term which may be extend 2 year or with fine or both c) Simple imprisonment for a term which may be extend 3 year or with fine or both d) None of these

Description : Whoever, being a public servant, and being legally bound as such public servant,  not to purchase or bid for certain property, purchases or bids for that property, either in  his own name or in the name ... imprisonment for a term which may be extend 3 year or with fine or both  d) None of these

Last Answer : b) Simple imprisonment for a term which may be extend 2 year or with fine or both

Public servant unlawfully engaging in trade may be punished with a) Simple imprisonment for a term which may be extend 1 year or with fine or both b) Simple imprisonment for a term which may be extend 2 year or with fine or both c) Simple imprisonment for a term which may be extend 3 year or with fine or both d) None of these

Description : Public servant unlawfully engaging in trade may be punished with a) Simple imprisonment for a term which may be extend 1 year or with fine or both b) Simple imprisonment for a term which may be extend 2 ... imprisonment for a term which may be extend 3 year or with fine or both  d) None of these

Last Answer : a) Simple imprisonment for a term which may be extend 1 year or with fine or both

Public servant disobeying law, with intent to cause injury to any person shall be punished with a) Simple imprisonment for a term which may be extend one year b) Punished with fine c) A or B or both d) None of these

Description : Public servant disobeying law, with intent to cause injury to any person shall be  punished with a) Simple imprisonment for a term which may be extend one year b) Punished with fine  c) A or B or both d) None of these

Last Answer : c) A or B or both

In case of imprisonment for non-payment of fine, if a part of the fine is paid, such sentence (a) Shall be reduced proportionately (b) Shall not be reduced in direct proportion to the fine paid (c) Shall be reduced but subject to the discretion of the court as to the quantum of reduction (d) All of the above.

Description : In case of imprisonment for non-payment of fine, if a part of the fine is paid, such  sentence (a) Shall be reduced proportionately (b) Shall not be reduced in direct proportion to the fine paid ( ... subject to the discretion of the court as to the quantum of  reduction (d) All of the above.

Last Answer : (a) Shall be reduced proportionately

Imprisonment for non-payment of fine shall terminate (a) On payment of fine (b) On expiry of the term of imprisonment for non-payment (c) both (a) & (b) (d) neither (a) nor (b).

Description : Imprisonment for non-payment of fine shall terminate (a) On payment of fine (b) On expiry of the term of imprisonment for non-payment (c) both (a) & (b) (d) neither (a) nor (b).

Last Answer : (c) both (a) & (b)

Section 64 of IPC provides for (a) Nature & maximum limit of imprisonment for non-payment of fine (b) Nature & minimum limit of imprisonment for non-payment of fine(c) Nature but does not prescribe any limit of imprisonment for non-payment of fine(d) Limit of imprisonment for non-payment of fine but does not prescribe the nature of imprisonment.

Description : Section 64 of IPC provides for (a) Nature & maximum limit of imprisonment for non-payment of fine (b) Nature & minimum limit of imprisonment for non-payment of fine (c) Nature but does not ... (d) Limit of imprisonment for non-payment of fine but does not prescribe the nature  of imprisonment.

Last Answer : (c) Nature but does not prescribe any limit of imprisonment for non-payment of fine

In case of an offence punished with fine only, an offender who is sentenced to pay a fine exceeding Rs. 100, the imprisonment in default of payment of fine shall not exceed (a) Two months (b) Three months (c) Four months (d) Six months

Description : In case of an offence punished with fine only, an offender who is sentenced to pay a  fine exceeding Rs. 100, the imprisonment in default of payment of fine shall not exceed (a) Two months (b) Three months (c) Four months (d) Six months

Last Answer : (d) Six months.

In case of an offence punished with fine only, an offender who is sentenced to pay a fine of not exceeding Rs. 100 but exceeding Rs. 50, the imprisonment in default of payment of fine shall not exceed (a) Two months (b) Three months (c) Four months (d) Six months.

Description : In case of an offence punished with fine only, an offender who is sentenced to pay a  fine of not exceeding Rs. 100 but exceeding Rs. 50, the imprisonment in default of  payment of fine shall not exceed (a) Two months (b) Three months (c) Four months (d) Six months.

Last Answer : (c) Four months

In case of an offence punished with fine only, an offender who is sentenced to pay a fine of not exceeding Rs. 50, the imprisonment in default of payment of fine shall not exceed (a) Two months (b) Three months (c) Four months (d) Six months.

Description : In case of an offence punished with fine only, an offender who is sentenced to pay a  fine of not exceeding Rs. 50, the imprisonment in default of payment of fine shall not  exceed (a) Two months (b) Three months (c) Four months (d) Six months.

Last Answer : (a) Two months

In case of an offence punished with fine only, imprisonment for non-payment of fine (a) Has to be rigorous (b) Has to be simple (c) Has be rigorous or simple (d) Has be partly rigorous and partly simple.

Description : In case of an offence punished with fine only, imprisonment for non-payment of  fine (a) Has to be rigorous (b) Has to be simple (c) Has be rigorous or simple (d) Has be partly rigorous and partly simple.

Last Answer : (b) Has to be simple

Under section 65 of IPC sentence of imprisonment for non-payment of fine shall be limited to (a) One-third of the maximum term of imprisonment fixed for the offence (b) One-fourth of the maximum term of imprisonment fixed for the offence (c) One-half of the maximum term of imprisonment fixed for the offence (d) Equal to the maximum term of imprisonment fixed for the offence.

Description : Under section 65 of IPC sentence of imprisonment for non-payment of fine shall be  limited to (a) One-third of the maximum term of imprisonment fixed for the offence (b) One-fourth of the ... imprisonment fixed for the offence (d) Equal to the maximum term of imprisonment fixed for the offence.

Last Answer : (b) One-fourth of the maximum term of imprisonment fixed for the offence

In every case of offence offender punished a) With imprisonment only b) With fine only c) With imprisonment or fine or both d) None of these

Description : In every case of offence offender punished a) With imprisonment only b) With fine only c) With imprisonment or fine or both d) None of these

Last Answer : c) With imprisonment or fine or both

Sentence of imprisonment for non-payment of fine under section 64 of IPC (a) Shall be in excess of any other imprisonment to which an offender has been sentenced (b) Shall be concurrent of any other imprisonment(c) Shall not be in excess of any other imprisonment(d) Both (b) & (c).

Description : Sentence of imprisonment for non-payment of fine under section 64 of IPC (a) Shall be in excess of any other imprisonment to which an offender has been  sentenced (b) Shall be concurrent of any other imprisonment (c) Shall not be in excess of any other imprisonment (d) Both (b) & (c).

Last Answer : (a) Shall be in excess of any other imprisonment to which an offender has been  sentenced