Business

12th

grade

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Accountancy Profession

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20 questions

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  • Multiple Choice
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    45 seconds
    1 pt

    What is the law regulating the practice of accountancy in the Philippines?

    R.A. NO. 9298

    R.A. NO. 9198

    R.A. NO. 9928

    R.A. NO. 9892

  • Multiple Choice
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    45 seconds
    1 pt

    It is the body authorized by law to promulgate rules and regulations affecting the practice of the accountancy profession in the Philippines.

    Board of Accountancy

    Philippine Institute of Certified Public Accountancy

    Securities and Exchange Commission

    Financial Reporting Standards Council

  • Multiple Choice
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    45 seconds
    1 pt

    The qualifications of the members of the Board of Accountancy include all of the following, except

    Must be a natural-born citizen and a resident of the Philippines.

    Must be duly registered CPA with at least ten years of work experience in any scope of practice of accountancy

    Must be of good moral character and must not have been convicted of crime involving moral turpitude.

    Must have any pecuniary interest, directly or indirectly, in any school conferring an academic degree necessary for admission to the practice of accountancy

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