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.
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
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
Description : 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
Last Answer : Fine or imprisonment
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.
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
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
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.