PROFESSIONAL EXAMINATIONS.
Abstract This article presents four questions, prepared by the Board of Examiners of the American Institute of Accountants, for accounting students which were asked in the Certified Public Accountant (CPA) examination in accounting theory and practice held in May 1939. It also provides explanatory answers to these problems. Candidates who appeared in the examination were required to solve all problems in six hours. The first question described here is concerned with the topic of stock and investment accounting and decisions; while the second one is concerning sales and purchase in retail trade accounting. The other two questions are concerned with accounting problems of property lease and real estate businesses. Answers are detailed with special comments for clarifying the statements prepared in answers. Proper scheduling of time for each question individually by the student is also suggested to effectively solve these questions.
- DOI
- 10.2308/tar-7061930
- Volume
- 14 (3)
- Pages
- 297-308
- Language
- en
- Export
- BibTeX
- Sources
- openalex crossref