CPA Financial Accounting Exam Questions Practice Test

CPA Financial Accounting Exam Questions Practice Test

Certified Public Accountant (CPA) The CPA designation distinguishes licensed accounting professionals committed to protecting the public interest. These professionals offer financial statement audits and other attestation services to help inform investors about the financial health of organizations.

Earning a CPA license demonstrates a commitment to the profession and often highlights potential candidates for leadership and management positions. A CPA license is also necessary for those who desire higher levels of authority and responsibility.

Exam Item Types:

Multiple-choice questions (MCQ)
The multiple-choice portions are presented in the first two testlets of each Exam section.

Task-based simulations(TBS)
Task-based simulations are condensed case studies that test accounting knowledge and skills using real life, work-related situations. All task-based simulations are intended to assess knowledge and skills that are appropriate for an entry-level accountant. There are three TBS testlets in the AUD, FAR and REG sections, and two TBS testlets in the BEC section.

Written communication tasks
Written communication tasks appear only in the BEC section of the CPA Exam. For each of three written communication tasks, you must read a scenario and then write a suitable document relating to the scenario. The instructions state what form the document should take (such as a memo or letter) and its focus. Your response should provide the correct information in writing that is clear, complete, and professional.

Who this course is for:

• CPA Candidates of Financial Accounting & Reporting exam

A complete practice test to pass your CPA Financial Accounting Exam

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What you will learn

• Balance Sheet
• Difference between debits and credits
• Understand bookkeeping records

Rating: 0

Level: All Levels

Duration: 250 questions

Instructor: Rclet LLC