PROFESSIONAL EXAMINATIONS.
The article presents five problems, which were prepared by the Board of Examiners of the American Institute of Accountants and were presented as the first half of the C.P.A. Examination in Accounting Practice on November 4, 1953. The candidates were required to solve problems 1 and 2 and any two of the remaining three problems. The weights assigned were: problem 1, 15 points, problem 2, 15 points, problem 3, 10 points, problem 4, 10 points, problem 5, 10 points. The time allowed was four and a half hours. A suggested time schedule to solve the problem 1 was 45 minutes, problem 2 was 75 minutes, problem 3 was 45 minutes, problem 4 was 30 minutes and problem 5 was 60 minutes. In problem 1 students were asked to audit the given company's book for the past three years, with the help of data given in the problem. In another problem students were asked to compute the unit sales price with the help of data given in the problem. Full solution of each problem is given in the article with description.
- DOI
- 10.2308/tar-7129545
- Volume
- 29 (1)
- Pages
- 143-152
- Language
- en
- Export
- BibTeX
- Sources
- openalex crossref