Final answer:
Republic Act No. 7836 is the act designed to regulate and supervise the practice of teaching in the Philippines, including provisions for a Licensure Examination for Teachers.
Step-by-step explanation:
The act in question that aims to strengthen the regulation and supervision of the practice of teaching in the Philippines and prescribes a Licensure Examination for Teachers is Republic Act No. 7836. This act also ensures that educators in the Philippines are sufficiently qualified to provide quality education. In contrast, the No Child Left Behind Act mentioned in your reference requires high standards and qualified teachers in the US, illustrating a similar focus on educational quality through legislative means.
Moreover, similar to how the Educational Reform Act increased funding and resources for education in the United States, the Philippine government established measures through Republic Act No. 7836 to professionalize teaching and guarantee competent educators through licensure examination.