Which of the Following Is True About CPAs

question 186

Multiple Choice

Which of the following is true about CPAs?

• A) Almost everyone who does accounting work is a CPA.
• B) CPA standards are the same in every state.
• C) CPAs must participate in continuing education programs.
• D) Once an individual has become a CPA, no further work is necessary to retain the certification.
• E) The portions of the CPA examination are costing, taxing, budgeting, and billing.

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Definitions:

Merchandise

Products or goods that are available for sale in retail or wholesale markets.

British Pound

The currency of the United Kingdom, often symbolized as GBP (£), which is one of the world's major currencies.

U.S. Dollar

The United States' official monetary unit, extensively utilized as a benchmark for trade in global markets.

Exchange Rate

The price of one currency in terms of another currency for conversion purposes.