The following statements relate to CPA examination ratings. Which statement is incorrect? a. To pass the examination, candidates should obtain a general weighted average of 75% and above, with no rating in any subject less than 65%. b. Candidates who obtain a rating of 75% and above in at least four subjects shall receive a conditional credit for the subjects passed. c. Conditioned candidates shall take an examination in the remaining subject within three years from the preceding examination d. Candidates who fail in two (2) complete CPA examinations may be allowed to take examinations a third time provided he or she will comply with Sec. 18 of this Act
The following statements relate to CPA examination ratings. Which statement is incorrect? a. To pass the examination, candidates should obtain a general weighted average of 75% and above, with no rating in any subject less than 65%. b. Candidates who obtain a rating of 75% and above in at least four subjects shall receive a conditional credit for the subjects passed. c. Conditioned candidates shall take an examination in the remaining subject within three years from the preceding examination d. Candidates who fail in two (2) complete CPA examinations may be allowed to take examinations a third time provided he or she will comply with Sec. 18 of this Act
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following statements relate to CPA examination ratings. Which statement is incorrect?
a. To pass the examination, candidates should obtain a general weighted average of 75% and above, with no rating in any subject less than 65%.
b. Candidates who obtain a rating of 75% and above in at least four subjects shall receive a conditional credit for the subjects passed.
c. Conditioned candidates shall take an examination in the remaining subject within three years from the preceding examination
d. Candidates who fail in two (2) complete CPA examinations may be allowed to take examinations a third time provided he or she will comply with Sec. 18 of this Act
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