Professional Documents
Culture Documents
Chapter 01 - Answer
Chapter 01 - Answer
CHAPTER 1
OVERVIEW OF
MANAGEMENT ADVISORY SERVICES
(MAS) BY CPAs
I. Questions
1. Among the primary factors that contributed to the emergence and growth
of management consultancy are:
Primary:
To maximize the return on the investors’ capital and at the same time
providing for the safety of such resources entrusted to them.
Secondary:
To be able to discharge its social and legal responsibilities towards its
employees, customers, the community and the government.
4. Refer to page 9, par(s) 3 and 4
5. Refer to page 12
1-1
Chapter 1 Overview of Management Advisory Services
6. Refer to page 11
1. D
2. C
3. C
4. D
5. B
1-2