Description : Ms. Ivana, a leading marketing professional working in a multinational company, is most of the time on move to cater her profession demands. -Technology
Last Answer : Software name:Team Viewer
Last Answer : Team Viewer
Description : The institutionalization of the continuing Professional Education (CPE) Program of the various regulated profession under the supervision of the Professional Regulation Commission. A. E.O. No. 266 B. E.O. No. 626 C. E.O. No. 662 D. P.D. 381
Last Answer : A. E.O. No. 266
Description : Which of the following is incorrect regarding professional competence? a. Professional accountants may portray themselves as having expertise or experience they do not possess. b. ... maintenance of professional competence requires a continuing awareness of development in the accountancy profession
Last Answer : Professional accountants may portray themselves as having expertise or experience they do not possess
Description : The underlying reason for a code of professional conduct for any profession is a. That it is required by congress. b. The need for public confidence in the quality of service of the ... out. d. That it allows Professional Regulation Commission to have a yardstick to measure deficient performance
Last Answer : The need for public confidence in the quality of service of the profession
Description : Which of the following is a distinguishing mark of the accountancy profession? a. A drive to excellence b. Acceptance of the responsibility to act in the public interest c. Professional objectivity d. Professional skepticism
Last Answer : Acceptance of the responsibility to act in the public interest
Description : In their fiduciary role, the professional accountants owe their primary loyalty to: a. The accounting profession b. The general public c. The client d. Government regulatory agencies
Last Answer : The client
Description : How frequent can a professional accountants have press and other media releases commemorating their anniversaries in public practice by informing the public of their achievements or accomplishments in contributing toward nation building ... profession? a. 2 years b. 3 years c. 5 years d. 6 years
Last Answer : 5 years
Description : A primary purpose for establishing a code of ethics within a professional organization is to: a. Demonstrate the acceptance of responsibility Jo the interest of those served by the profession. b. ... of the profession to exhibit loyalty in all matters pertaining to the affairs of the organization
Last Answer : Demonstrate the acceptance of responsibility Jo the interest of those served by the profession
Description : Which of the following is required if the professional accountant uses experts who are not professional accountants? a. The professional accountant is discouraged to engage the services of experts ... not be informed of ethical requirements because they are not members of the Accountancy profession
Last Answer : The professional accountant must take steps to see that such experts are aware of the ethical requirements of the profession.
Description : The principle professional competence and due care imposes which of the following obligations on professional accountants? a. To maintain professional knowledge and skill at the level required to ensure that a ... , conflict of interest or undue influence of others. d. To be fair and truthful.
Last Answer : To maintain professional knowledge and skill at the level required to ensure that a client or employer receives competent professional service.
Description : Which of the following most completely describes how independence has been defined by the CPA profession? a. Performing an audit from the viewpoint of the public. b. Avoiding the appearance of ... . d. Possessing the ability to act professionally and accordance with a professional code of ethics.
Last Answer : Possessing the ability to act with integrity and objectivity.
Description : How did the Code of Ethics define public interest? a. A distinguishing mark of a profession is the acceptance of its responsibility to the public. b. The accountancy profession's public ... serves. d. The standards of the accountancy profession are heavily determined by the public interest
Last Answer : The collective well-being of the community of people and institutions the professional accountant serves.
Description : Which of the following is not an objective of requiring registration of individual CPAs and Firms of partnership of CPAs engaged in public accounting practice? a. The required registration will ... will help PRC and BOA to identify and impose corresponding sanctions and penalties on individual CPAs
Last Answer : The required registration will give equal opportunities to CPAs in the practice of their profession.
Description : The underlying reason for a code of professional conduct for any profession is a. That it is required by Congress b. That it provides a safeguard to keep unscrupulous people out. c. ... . d. That it allows Professional Regulation Commission to have a yardstick to measure deficient performance.
Description : The principle of professional behavior requires a CPA to a. Be straightforward and honest in performing professional services. b. Perform professional services with due care, competence and diligence. ... of the profession and refrain from any conduct which might bring discredit to the profession
Last Answer : Act in a manner consistent with the good reputation of the profession and refrain from any conduct which might bring discredit to the profession
Description : To raise the standards of the profession, the Philippine Accountancy Act of 2004 requires that the CPA profession be integrated under the rules to be established by a. The PICPA. b. The Board of Accountancy. c. The Professional Regulation Commission. d. The Government Association of CPAs.
Last Answer : The Professional Regulation Commission
Description : The professional requirements of a teacher as explained in the UNESCO publication is/are (a) Mastery over the subject and competency for teaching (b) Innovativeness in approach and teaching strategies (c) Justice to the profession (d) All of the above
Last Answer : (d) All of the above
Description : The professional requirements of a teacher as explained in the UNESCO publication is/are Options: A) mastery over the subject and competency for teaching B) Innovativeness in approach and teaching strategies C) justice to the profession D) All of the above
Last Answer : D) All of the aboveĀ
Description : The most valid criterion, on the basis of which of judge whether teaching is a profession, is the teacher's Options: A) Love for children B) Broad and thorough knowledge of subject matter C) Exemplification of dominant values of our culture D) Observance of professional ethics
Last Answer : D) Observance of professional ethicsĀ
Description : The following statements relate to the RA 9298. Which statement is true? a. The Professional Regulation Commission has the authority to remove any member of the Board of Accountancy for ... of Accountancy may order the reinstatement of a CPA whose certificate of registration has been revoked.
Last Answer : No person shall be appointed as a member of the Board of Accountancy unless he has been in the practice of accountancy for at least 10 years, among others
Description : Which of the following matters would an auditor least likely consider when setting the direction of the audit? a. The selection of the engagement team and the assignment of audit work to ... a questioning mind and to exercise professional skepticism in the gathering and evaluation of audit evidence.
Last Answer : The availability of client personnel and data
Description : Which of the following is least likely an application of maintaining an attitude of professional skepticism? a. The auditor is alert to audit evidence that contradicts or brings into question the ... audit evidence to be able to draw reasonable conclusions on which to base the audit opinion.
Last Answer : In planning and performing an audit, the auditor assumes that management is dishonest.