Examine the Verse
Ephesians 4:4-6
This verse is claimed to provide the basis of the Iglesia ni Cristo
belief in the absolute oneness of God, that the only true God is the Father in heaven; 
The Father is the Lord God Almighty, the Creator of all things;
God is Spirit, eternal, immortal and invisible.

	4 There is one body and one Spirit, just as you were called in one hope of your calling; 5 one Lord, one faith, one baptism; 6 one God and Father of all, who is above all, and through all, and in you all. (Ephesians 4:4-6,  New King James Version)
	Iglesia ni Cristo belief in God and Jesus Christ: Iglesia ni Cristo believes in the absolute oneness of God, that "the Only True God is the Father" in heaven; The Father is the Lord God Almighty, the Creator of all things. God is Spirit, eternal, immortal and invisible; He is the God and Father of Jesus Christ and His Apostles; and that of Moses, Abraham and the ancient Israelites. Iglesia ni Cristo believes that Jesus is the Christ, the Son of God. As the Son of God, Jesus is a Man.  However, Jesus is not an ordinary man but a "very special Man", who was sanctified; made Lord, Christ, Savior, Mediator and Judge by God.
	Apostle's admonition, warning and unique way of teaching: 1. No prophecy of scripture is a matter of personal interpretation. (II Pt. 1:20, NAB) 2. Do not go beyond  what is written. (I Cor. 4:6, NIV)  3. We do not use words of human wisdom. We speak words given to us by the Spirit, using the Spirit's words to explain spiritual truths. (1 Cor. 2:13, NLT)

	Points to Consider:
	1.  Notice that in the above verse, Apostle Paul admonish the early Christians in Ephesus about their unity and this include their belief in God. 2.  In the above verses Apostle Paul clearly said that, "there is . . . one God and Father of all, who is above all, and through all, and in you all".  Once again, Apostle Paul clear identified that the one God is the Father corroborating his previous statement in 1 Cor. 8:6 that the only one God is the Father who created everything. And also corroborating the teaching of Jesus in John 17:1&3, that the Father is the only true God. Thus Apostle Paul clearly teaches the absolute oneness of God. 3.   Please note carefully that Apostle Paul's declaration, that the one God is the Father, is contrary to the Trinitarian belief that the one God is the Triune God existing as three persons ( God the Father, God the Son and God the Holy Spirit), but one being.
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	Ephesians 4:4-6 in other versions of the Bible:
	4There is one body, and one Spirit, even as ye are called in one hope of your calling;  5One Lord, one faith, one baptism,  6One God and Father of all, who is above all, and through all, and in you all.    (King James Version) 4 There is one body and one Spirit, and God chose you to have one hope. 5 There is one Lord, one faith, and one baptism. 6 There is one God and Father of us all, who rules over everyone. He works through all of us and in all of us.    (Easy to Read Version) 4 There is one body and one Spirit, just as you were called to one hope when you were called; 5 one Lord, one faith, one baptism; 6 one God and Father of all, who is over all and through all and in all.    (New International Version) You may use other version or translation of the Holy Bible.

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Examine - consider in detail and subject to an analysis in order to discover essential features or meaning; Source: http://www.thefreedictionary.com/examine

Bible Study Suggestion: If you have further questions, please feel free to visit the Iglesia ni Cristo congregation nearest you. A minister or an evangelical worker would be happy to answer any biblical question you have in mind.