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Auditing TOP Exam Questions and CORRECT Answers

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D Philippine Accountancy Act of 2004 (RA9298)1. The objective of the Philippine Accountancy Act of 2004 includes: a. The standardization and regulation of accounting education b. The examination for registration of certified public accountants c. The supervision, control, and regulation of the practice of accountancy in the Philippines. d. All of the above. D 2. Which of the following does not constitute a practice of accountancy? a. A person holding out himself as one skilled in the knowledge and practice ofaccounting and as a qualified person to render professional services as a CPAto more than one client. b. A person representing his/her employer before government agencies on taxand other accounting related matters. c. A person in educational institution teaching accounting, auditing, business law,taxation or other technically related subjects. d. A person is appointed as marketing director of a government owned andcontrolled corporation

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