Final answer:
The Regulation section of the CPA exam is approximately 60% Taxation and 40% Law & Professional Responsibilities.
Step-by-step explanation:
(T/F) The Regulation section of the CPA exam is approximately 60% Taxation and 40% Law & Professional Responsibilities.
True. The Regulation section of the CPA exam does consist of approximately 60% Taxation and 40% Law & Professional Responsibilities. This means that a significant portion of the exam focuses on taxation laws and regulations, while the remaining portion covers topics related to law and professional responsibilities.
For example, questions related to taxation could involve understanding tax codes, deductions, credits, and calculations. On the other hand, questions related to law and professional responsibilities could cover areas such as ethics, professional conduct, legal responsibilities, and accounting regulations.