PROFESSIONAL EXAMINATIONS.
The following problems were presented as the first half of the November, 1944 certified public accountant examination in accounting practice prepared by the Board of Examiners of the American Institute of Accountants. Candidates were required to solve problem 1 and either problem 2 or problem 3 in four and a half hours. The weights assigned were: problem 1, 25 points: problem 2 or problem 3, 25 points. A suggested time schedule was given as seventy-five minutes for problem 1, seventy-three minutes for problem 2, seventy-five minutes for problem 3. The first problem is concerned with the preparation of the year end accounts for the Acme company. The second problem presents details of account balances from the books of the City of Mariwood on June 30, 1943, the close of the fiscal year. The problem is concerned with the preparation of trial balances, supplying the needed account titles and preparing the closing entries. Problem three is concerned with the preparation of balance sheet for another business organization.
- DOI
- 10.2308/tar-7037453
- Volume
- 20 (1)
- Pages
- 113-120
- Language
- en
- Export
- BibTeX
- Sources
- openalex crossref