PROFESSIONAL EXAMINATIONS.
The article focuses on professional examinations for students of accounting. Five problems have been presented from the Certified Public Accountants examination prepared by the Board of Examiners of the American Institute of Accountants. These problems constitute the second half of the examination in accounting theory and practice and were used by the examining boards in thirty-eight states and three territories on November 19, 1937. The candidate was required to solve problem 1, problem 2, problem 3 or 4, and problem 5. The weight given to the various problems has been given. In one question details of a hypothetical company, Miracle Chemical Company manufactures two products, Mirachem and Corim has been given. Both are made from the same raw materials in the same proportions. The plant of the company is divided into four departments. The expenses of the different departments have also been given. From the data given in the various problems the students are required to prepare a statement of profit and loss.
- DOI
- 10.2308/tar-7056966
- Volume
- 13 (1)
- Pages
- 81-90
- Language
- en
- Export
- BibTeX
- Sources
- openalex crossref