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Message
re: BEC CPA Question
Posted on 8/9/11 at 8:46 am to felixthefixer
Posted on 8/9/11 at 8:46 am to felixthefixer
quote:
Within the meaning of the law, which of the following corporate officers would be considered independent?
board members and independent auditors are not corporate officers. if that is truly how the question was worded, the answer would be D.
2
Posted on 8/9/11 at 9:09 am to Pearneax
quote:
board members and independent auditors are not corporate officers. if that is truly how the question was worded, the answer would be D.
Right. I read right through that. Silly CPA test.
Posted on 8/9/11 at 4:17 pm to Pearneax
quote:
board members and independent auditors are not corporate officers. if that is truly how the question was worded, the answer would be D.
Ah shite, that's right.
Reminds me of a question on the CGFM exam - for an agency fund, calculate the depreciation adjustment for a building purchased at x with a useful life of etc.
The trick is that for agency funds don't use accrual accounting, so the answer is zero.
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