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PREFACE FOR CPA CANDIDATES
The purpose of this CPA Review study bool< is to help YOU prepare to pass the Business Law section of the CPA examination. The overriding consideration is an inexpensive, effective, ana easy-to-use study program. This study book
1. Explains how to optimize your grade by focusing on the Business Law section of the
CPA exam.
2. Defines the subject matter tested on the Business Law section of the CPA exam.
3. Outlines all of the subject matter tested on the Business Law section in 19 easy-to-use
study units.
4. Presents multiple-choice questions from recent CPA examinations to prepare you for
business law questions in future CPA exams. Our answer explanations are presented to the immediate right of each question for your convenience.
a. New to this edition are the Business Law questions and answer explanations from the May 1994 exam.
5. Provides selected OOP (other objective format) questions on which you can practice
your question answering technique. Although you should rely on multiple-choice questions to test your knowledge and help you study, you should practice answering business law OOP questions to perfect your question answering technique.
6. Includes selected essay questions for you to practice answering. Like OOP questions,
essay questions are less efficient for studying and knowledge testing than multiple-choice questions. However, you must practice answering selected essay questions until you have perfected your question answering technique as it applies to business law essay questions.
This is the 1994-1995 Edition of CPA Review for the revised CPA exam format effective with the May 1994 examination. It reflects relevant authoritative ethics pronouncements (see Study Unit 1) through December 1, 1993.
To maximize the efficiency and effectiveness of your CPA review program, begin by studying (not merely reading) CPA Review: A System for Success, Chapters 1 through 8. They have been carefully organized and written to provide you with important information to assist you in passing the CPA examination.
The outline format, spacing, and the question and answer formats in this book are designed to facilitate readability, learning, and understanding. Even though this study book constitutes a complete self-study program for the Business Law section of the CPA exam, you may wish to enroll in a group study CPA review program. This book and the Gleim CPA Exam Test Prep software* will be compatible with all other CPA review materials and courses which follow the new 1994 AlCPA Content Specification Outlines.
Thank you for your interest In these new Gleim CPA Review study books and the CPA Exam Test Prep software. We deeply appreciate the thousands of letters and suggestions received from CIA, CMA, and CPA candidates during the last 20 years. Please send your suggestions comments, and corrections concerning this study book. The last page has been designed to help you note corrections and suggestions during your study process. Please tear it out and mail it to us with your comments immediately after you take the CPA exam. We will respond to each letter on an individual basis.
Good Luck on the Exam, Irvin N. Gleim Jordan B. Ray
* Call (800) 87-GLEIM to order. june 1994
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