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    Team PRTC Ans-Finpb - 5.21

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    Nanananana
    This document contains the suggested answers to the Team PRTC Nationwide Online Final Pre-Board Examination for the May 2021 Licensure Examination for Certified Public Accountants (LECPA) held from April 25 to 27, 2021. It provides the answers for the exam subjects of Management Advisory Services, Auditing, Taxation, Regulatory Framework for Business Transactions, Financial Accounting and Reporting, and Advanced Financial Accounting and Reporting.

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    Team PRTC Ans-Finpb - 5.21

    Uploaded by

    Nanananana
    3K views3 pages
    This document contains the suggested answers to the Team PRTC Nationwide Online Final Pre-Board Examination for the May 2021 Licensure Examination for Certified Public Accountants (LECPA) held from April 25 to 27, 2021. It provides the answers for the exam subjects of Management Advisory Services, Auditing, Taxation, Regulatory Framework for Business Transactions, Financial Accounting and Reporting, and Advanced Financial Accounting and Reporting.

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    Team Prtc Ans-finpb_5.21

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    This document contains the suggested answers to the Team PRTC Nationwide Online Final Pre-Board Examination for the May 2021 Licensure Examination for Certified Public Accountants (LECPA) held from April 25 to 27, 2021. It provides the answers for the exam subjects of Management Advisory Services, Auditing, Taxation, Regulatory Framework for Business Transactions, Financial Accounting and Reporting, and Advanced Financial Accounting and Reporting.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    3K views3 pages

    Team PRTC Ans-Finpb - 5.21

    Uploaded by

    Nanananana
    This document contains the suggested answers to the Team PRTC Nationwide Online Final Pre-Board Examination for the May 2021 Licensure Examination for Certified Public Accountants (LECPA) held from April 25 to 27, 2021. It provides the answers for the exam subjects of Management Advisory Services, Auditing, Taxation, Regulatory Framework for Business Transactions, Financial Accounting and Reporting, and Advanced Financial Accounting and Reporting.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    Team PRTC Nationwide Online Final Pre-Board Examination

    May 2021 Licensure Examination for Certified Public Accountants (LECPA)


    April 25 to 27, 2021

    Suggested Answers

    Management Advisory Services (MAS)

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

    AUDITING (AUD)

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

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

    REGULATORY FRAMEWORK FOR BUSINESS TRANSACTIONS (RFBT)

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

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

    ADVANCED FINANCIAL ACCOUNTING AND REPORTING (AFAR)

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

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