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BMF – Nov 2022 – L1 – SA – Q1 – The Role of Professional Accountants in Business and Society

This question tests knowledge of the features of a professional.

Question

Which of the following is NOT a feature of a professional?
A. A profession can be described as an occupation for which the individual has to acquire special knowledge and skill.
B. Professionals are usually paid a prescribed fee to render their services.
C. Most professionals are regulated by a professional body.
D. Professionals are not to opt for a paid job.
E. Professionals typically acquire specialized knowledge from higher institutions and specialized institutes.

Answer

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Tags: Occupation, Professional Body, Professionalism, Regulation, Specialized knowledge
Level: Level 1

Topic: The Role of Professional Accountants in Business and Society
Series: NOV 2022

BMF – May 2023 – L1 – SA – Q8 – The Role of Professional Accountants in Business and Society

Identify an incorrect feature describing a profession.

Question

A profession is an economic activity involving the provision of a personal service of a specialised nature. All the following features describe a profession, EXCEPT:

A. Main motive is to make a profit
B. Regulated by a professional body
C. Charges a fee for services rendered
D. Mandatory acquisition of a special knowledge and skill
E. Subject to discipline for breach of the code of conduct of the regulatory body

Answer

Find Related Questions by Tags, levels, etc.

Tags: Characteristics, Code of Conduct, Profession, Professional Body
Level: Level 1

Topic: The Role of Professional Accountants in Business and Society
Series: MAY 2023

BMF – Nov 2022 – L1 – SA – Q1 – The Role of Professional Accountants in Business and Society

This question tests knowledge of the features of a professional.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Occupation, Professional Body, Professionalism, Regulation, Specialized knowledge
Level: Level 1

Topic: The Role of Professional Accountants in Business and Society
Series: NOV 2022

BMF – May 2023 – L1 – SA – Q8 – The Role of Professional Accountants in Business and Society

Identify an incorrect feature describing a profession.

Question

A profession is an economic activity involving the provision of a personal service of a specialised nature. All the following features describe a profession, EXCEPT:

Answer

Find Related Questions by Tags, levels, etc.

Tags: Characteristics, Code of Conduct, Profession, Professional Body
Level: Level 1

Topic: The Role of Professional Accountants in Business and Society
Series: MAY 2023

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BMF – Nov 2022 – L1 – SA – Q1 – The Role of Professional Accountants in Business and Society

This question tests knowledge of the features of a professional.

BMF – May 2023 – L1 – SA – Q8 – The Role of Professional Accountants in Business and Society

Identify an incorrect feature describing a profession.

BMF – Nov 2022 – L1 – SA – Q1 – The Role of Professional Accountants in Business and Society

This question tests knowledge of the features of a professional.

BMF – May 2023 – L1 – SA – Q8 – The Role of Professional Accountants in Business and Society

Identify an incorrect feature describing a profession.

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BMF – Nov 2022 – L1 – SA – Q1 – The Role of Professional Accountants in Business and Society

This question tests knowledge of the features of a professional.

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BMF – May 2023 – L1 – SA – Q8 – The Role of Professional Accountants in Business and Society

Identify an incorrect feature describing a profession.

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BMF – Nov 2022 – L1 – SA – Q1 – The Role of Professional Accountants in Business and Society

This question tests knowledge of the features of a professional.

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Identify an incorrect feature describing a profession.

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