The primary design of the CPA designation is to:
A)focus on practices in accounting and ﬁnance within the company.
B)to ensure competence of managerial accountants throughout Europe.
C)to ensure higher wages for accountants within companies.
D)to increase membership by academics and senior ﬁnancial executives.
E)assure the competence of those working outside companies and the reliability of public

Question

Quizplus · Accepted Answer

The CPA designation is primarily designed to ensure the competence of those working outside companies, such as public accountants, and to assure the reliability of public financial statements. This helps to maintain the integrity of the profession and protect the public interest. Options A, B, C, and D are incorrect as they do not accurately reflect the primary purpose of the CPA designation.

The Primary Design of the CPA Designation Is To