The Primary Design of the CPA Designation Is To

question 42

Multiple Choice

The primary design of the CPA designation is to:

• A) focus on practices in accounting and finance within the company.
• B) to ensure competence of managerial accountants throughout Europe.
• C) to ensure higher wages for accountants within companies.
• D) to increase membership by academics and senior financial executives.
• E) assure the competence of those working outside companies and the reliability of public company reports.

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Definitions:

Consensus

General agreement among all members of a group or the process of reaching such agreement.

Prepared

The state of being ready and well-equipped for a particular task or situation.

Seemingly Contradictory

Appearing to be in opposition or inconsistency with each other, though often upon closer inspection they are not.

Analysis

The process of examining components or structure of something systematically to understand it better or to draw conclusions.