PROFESSIONAL EXAMINATIONS.
The article presents a professional examination format on accounting. The problems in the article 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 May 18, 1955. The candidates were required to solve problems 1 and 2 and either problem 3 or problem 4. The total weight assigned to this section of the examination was 50 points and the examiners point out that the suggested time allowances for each problem are closely proportional to the point values of the various problems. The question number one asks the examinee to prepare a tax return for Fred Baker for the calendar year, 1954 on the Form 1040. The examinee is required to complete the return in so far as the information makes possible. The examinee should omit cents in the tax return and in all computations and schedules. As examinees are required to prepare the schedules in pencil to facilitate corrections. A worksheet is not required, but certain explanatory schedules should be prepared to support the claimed deductions or items of income.
- DOI
- 10.2308/tar-7061549
- Volume
- 30 (3)
- Pages
- 540-553
- Language
- en
- Export
- BibTeX
- Sources
- openalex crossref