The primary design of the CPA designation is to:
A. to ensure competence of managerial accountants throughout Europe.
B. focus on practices in accounting and finance within the company.
C. to increase membership by academics and senior financial executives.
D. assure the competence of those working outside companies and the reliability of public company reports.
E. to ensure higher wages for accountants within companies.
Answer: D
You might also like to view...
Which of the following retail stores is most likely to have a racetrack layout?
A. Ted's department store B. Star Tax Service C. Linda's Beauty Salon D. Claire's Boutique E. Essential supermarket
An important advantage of a corporate form of ownership is the reduction of stockholder liability
Indicate whether the statement is true or false
Acme, Inc., produces widgets. To manufacture a new type of widget, it took 50 hours for the first widget. Acme estimates it has a 97% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 56th widget.
a. 31.05 hours b. 41.90 hours c. 18.96 hours d. 42.87 hours
The Secretary of Labor is empowered to appoint an advisory committee to assist in the promulgation of:
a. interim standards. b. company standards. c. voluntary standards. d. permanent standards.