BEC CPA Exam 2025 | 100+ Questions | COSO, Theory of Constraints, Tariffs, Variances, Internal Controls | Business Section

This document delivers over 100 fully updated and verified multiple-choice questions and answers for the Business Environment and Concepts (BEC) section of the CPA Exam 2025/2026, with 100% correct responses based on the latest standards. Designed for CPA candidates, it provides practical problem-solving scenarios that reinforce essential concepts from business strategy, financial management, internal control, and performance measurement frameworks. Key topics and learning outcomes include: COSO Internal Control Framework: operational effectiveness, monitoring controls, audit functions in global operations Reasons for control failure, including environmental changes and cost constraints Project evaluation using Net Present Value (NPV) methods Tariffs and their macroeconomic impact, such as industry contraction and resource misallocation Theory of Constraints (TOC) for capacity-limited decision-making Direct labor rate variance calculations, reinforcing standard cost analysis and efficiency measurements External monitoring mechanisms, such as the SEC, and their distinction from internal governance structures Inventory control practices and their relationship to operational integrity and recordkeeping This resource is ideal for: CPA candidates preparing for the BEC section of the Uniform CPA Examination Accounting and finance students needing exam-ready content for advanced coursework Business professionals reviewing internal control structures and economic frameworks Tutoring centers and instructors seeking current, test-ready material for learner success With its clear format and real-world applications, the guide supports retention and understanding of key CPA competencies, especially under updated exam blueprints. Keywords: CPA BEC exam, COSO internal control, theory of constraints, business strategy, cost variance, project evaluation, monitoring mechanisms, tariff impact, net present value, CPA multiple choice, financial planning, performance management, internal audit