The Accountancy Profession

Assessment
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John Servidad
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Business
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University
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139 plays
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Medium
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9 questions
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1.
Multiple Choice
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
2.
Multiple Choice
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
3.
Multiple Choice
What are the three main areas in the practice of the accountancy profession?
Public accounting, private accounting and managerial accounting
Auditing, taxation and managerial accounting
Financial accounting, managerial accounting and corporate accounting
Public accounting, private accounting and government accounting
4.
Multiple Choice
What is the primary service of CPAs in public practice?
Auditing
Taxation
Managerial Accounting
Controllership
5.
Multiple Choice
It is the are of the accountancy profession that encompasses the process of analyzing, classifying, summarizing and communicating all transactions involving the receipt and disposition of government funds and property and interpreting the results thereof
Internal auditing
External auditing
Private accounting
Government accounting
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