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    PRTC 1stPB - 05.22 Key Answers

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    This document contains the suggested answers and solutions to questions from a pre-board examination for the Licensure Examination for Certified Public Accountants (LECPA) administered by Team PRTC. It provides the answers to multiple choice questions across six subjects: Management Advisory Services, Auditing, Taxation, Regulatory Framework for Business Transactions, Financial Accounting and Reporting, and Advanced Financial Accounting and Reporting. The answers are organized in tables by subject and question number on pages 1 through 6.

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    PRTC 1stPB - 05.22 Key Answers

    Uploaded by

    Ciatto Spotify
    195 views6 pages
    This document contains the suggested answers and solutions to questions from a pre-board examination for the Licensure Examination for Certified Public Accountants (LECPA) administered by Team PRTC. It provides the answers to multiple choice questions across six subjects: Management Advisory Services, Auditing, Taxation, Regulatory Framework for Business Transactions, Financial Accounting and Reporting, and Advanced Financial Accounting and Reporting. The answers are organized in tables by subject and question number on pages 1 through 6.

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    PRTC 1stPB_05.22 Key Answers

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    This document contains the suggested answers and solutions to questions from a pre-board examination for the Licensure Examination for Certified Public Accountants (LECPA) administered by Team PRTC. It provides the answers to multiple choice questions across six subjects: Management Advisory Services, Auditing, Taxation, Regulatory Framework for Business Transactions, Financial Accounting and Reporting, and Advanced Financial Accounting and Reporting. The answers are organized in tables by subject and question number on pages 1 through 6.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    195 views6 pages

    PRTC 1stPB - 05.22 Key Answers

    Uploaded by

    Ciatto Spotify
    This document contains the suggested answers and solutions to questions from a pre-board examination for the Licensure Examination for Certified Public Accountants (LECPA) administered by Team PRTC. It provides the answers to multiple choice questions across six subjects: Management Advisory Services, Auditing, Taxation, Regulatory Framework for Business Transactions, Financial Accounting and Reporting, and Advanced Financial Accounting and Reporting. The answers are organized in tables by subject and question number on pages 1 through 6.

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    Download as pdf or txt
    of 6

    SUGGESTED ANSWERS & SOLUTION TEAM PRTC

    FIRST PRE-BOARD EXAMINATION February 20 – 22, 2022

    MANAGEMENT ADVISORY SERVICES

    1 B 21 D 41 D 61 A
    2 C 22 B 42 A 62 B
    3 A 23 A 43 B 63 D
    4 D 24 B 44 D 64 E
    5 D 25 D 45 A 65 C
    6 B 26 D 46 A 66 D
    7 A 27 D 47 A 67 C
    8 B 28 B 48 B 68 A
    9 C 29 D 49 B 69 B
    10 C 30 C 50 A 70 A
    11 A 31 A 51 C
    12 C 32 D 52 C
    13 A 33 A 53 B
    14 D 34 B 54 C
    15 D 35 D 55 A
    16 A 36 C 56 A
    17 B 37 A 57 C
    18 A 38 B 58 D
    19 C 39 D 59 C
    20 B 40 C 60 D

    Page 1 of 6
    AUDITING

    1 D 21 B 41 B 61 C
    2 D 22 A 42 C 62 D
    3 A 23 B 43 B 63 B
    4 B 24 A 44 A 64 B
    5 B 25 C 45 A 65 C
    6 C 26 C 46 A 66 D
    7 A 27 B 47 A 67 B
    8 B 28 D 48 C 68 C
    9 D 29 B 49 B 69 C
    10 D 30 C 50 D 70 B
    11 D 31 D 51 B
    12 B 32 A 52 B
    13 D 33 C 53 B
    14 D 34 A 54 B
    15 D 35 A 55 D
    16 B 36 B 56 A
    17 C 37 D 57 C
    18 B 38 A 58 B
    19 A 39 D 59 D
    20 C 40 C 60 B

    Page 2 of 6
    TAXATION

    1 C 21 A 41 C 61 A
    2 D 22 D 42 B 62 A
    3 A 23 C 43 D 63 A
    4 C 24 C 44 B 64 B
    5 D 25 C 45 C 65 D
    6 A 26 C 46 C 66 C
    7 B 27 C 47 B 67 A
    8 D 28 B 48 D 68 D
    9 D 29 A 49 D 69 A
    10 B 30 A 50 A 70 B
    11 B 31 B 51 A
    12 E 32 B 52 B
    13 A 33 B 53 C
    14 A 34 B 54 D
    15 C 35 A 55 C
    16 A 36 D 56 B
    17 B 37 A 57 B
    18 D 38 A 58 B
    19 C 39 B 59 B
    20 B 40 D 60 D

    Page 3 of 6
    REGULATORY FRAMEWORK FOR BUSINESS TRANSACTIONS

    1 C 21 D 41 B 61 C 81 C
    2 D 22 C 42 D 62 D 82 C
    3 B 23 B 43 C 63 D 83 C
    4 A 24 B 44 D 64 D 84 D
    5 A 25 D 45 C 65 C 85 C
    6 A 26 D 46 D 66 A 86 D
    7 A 27 D 47 D 67 D 87 C
    8 A 28 B 48 C 68 C 88 C
    9 B 29 A 49 C 69 C 89 C
    10 A 30 A 50 B 70 C 90 D
    11 C 31 D 51 A 71 C 91 D
    12 B 32 B 52 B 72 D 92 A
    13 A 33 C 53 A 73 A 93 A
    14 C 34 C 54 D 74 A 94 D
    15 B 35 C 55 B 75 A 95 C
    16 A 36 D 56 A 76 D 96 A
    17 A 37 A 57 B 77 D 97 A
    18 D 38 B 58 D 78 B 98 D
    19 D 39 D 59 C 79 C 99 D
    20 B 40 C 60 A 80 A 100 B

    Page 4 of 6
    FINANCIAL ACCOUNTING AND REPORTING

    1 C 21 B 41 B 61 A
    2 B 22 B 42 C 62 B
    3 D 23 B 43 B 63 C
    4 B 24 A 44 C 64 A
    5 C 25 C 45 C 65 B
    6 A 26 D 46 D 66 D
    7 C 27 C 47 B 67 A
    8 B 28 A 48 B 68 B
    9 D 29 D 49 C 69 C
    10 B 30 B 50 A 70 D
    11 B 31 B 51 D
    12 B 32 A 52 C
    13 A 33 B 53 B
    14 C 34 B 54 C
    15 C 35 A 55 D
    16 B 36 B 56 A
    17 A 37 A 57 C
    18 A 38 D 58 A
    19 C 39 D 59 C
    20 A 40 D 60 C

    Page 5 of 6
    ADVANCED FINANCIAL ACCOUNTING AND REPORTING

    1 D 21 C 41 D 61 C
    2 D 22 B 42 C 62 B
    3 C 23 C 43 A 63 D
    4 B 24 D 44 A 64 C
    5 A 25 D 45 B 65 B
    6 D 26 D 46 D 66 D
    7 C 27 A 47 C 67 B
    8 A 28 C 48 D 68 B
    9 D 29 D 49 D 69 D
    10 C 30 B 50 C 70 B
    11 C 31 D 51 D
    12 C 32 A 52 A
    13 A 33 B 53 A
    14 A 34 B 54 A
    15 C 35 A 55 B
    16 D 36 B 56 C
    17 A 37 D 57 B
    18 A 38 D 58 C
    19 B 39 C 59 D
    20 B 40 C 60 A

    Thank you for participating in


    Team PRTC Nationwide Online Open First Pre-Board Examination for May 2022 LECPA!

    Page 6 of 6

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