One-year free update (REG exam dumps)

You will be allowed to free update your CPA Regulation exam questions after you purchased. Once there are updating of REG CPA Regulation exam dumps, our system will send the latest version to your email immediately.

For most office workers who have no much time and energy to prepare AICPA Certification real exam, choosing best study materials is effective and smart way to help them pass exam at first attempt. It is well known that AICPA real exam is one of high-quality and authoritative certification exam in the IT field, you need to study hard to prepare the CPA Regulation exam questions to prevent waste high CPA Regulation exam cost. Our website will provide you with latest CPA Regulation exam pdf to help you prepare exam smoothly and ensure you high pass rate. The key of our success is providing customers with the most reliable exam dumps and the most comprehensive service.

We are a group of professional IT experts and certified trainers who focus on the study of CPA Regulation practice exam for many years and offer valid REG CPA Regulation exam questions to our customers. Besides, our colleagues always check the updating of CPA Regulation exam dumps to ensure the accuracy of our questions. Our CPA Regulation practice exam is based on the real test to help you get used to the atmosphere of CPA Regulation real exam.

We guarantee you pass exam 100%. There are CPA Regulation free demo for you download that you can know our ability clearly before you buy. Comparing to attend classes in training institution, our REG CPA Regulation exam pdf is more affordable, effective and time-saving. You just need to practice CPA Regulation exam questions in your spare time and remember the answer, and then you will pass CPA Regulation real exam absolutely.

Choosing Exam4Free, choosing success. Our CPA Regulation exam dumps not only save your time and money, but also ensures you pass exam with high rate.

24/7 customer assisting

There are 24/7 customer assisting to support you in case you may encounter some problems about products. Please feel free to contact us if you have any questions.

Instant Download: Upon successful payment, Our systems will automatically send the product you have purchased to your mailbox by email. (If not received within 12 hours, please contact us. Note: don't forget to check your spam.)

Full refund

We promise you pass exam 100%. But if you lose exam with our CPA Regulation - REG exam pdf, we will full refund. Or you can wait the updating or free change to other dumps if you have other test.

AICPA CPA Regulation Sample Questions:

1. Which payment(s) is(are) included in a recipient's gross income?
I. Payment to a graduate assistant for a part-time teaching assignment at a university. Teaching is not a
requirement toward obtaining the degree.
II. A grant to a Ph.D. candidate for his participation in a university-sponsored research project for the
benefit of the university.

A) II only.
B) Neither I nor II.
C) I only.
D) Both I and II.

2. Tom and Joan Moore, both CPAs, filed a joint 1994 federal income tax return showing $70,000 in taxable
income. During 1994, Tom's daughter Laura, age 16, resided with Tom. Laura had no income of her own
and was Tom's dependent.
Determine the amount of income or loss, if any that should be included on page one of the Moores' 1994
Form 1040.
Tom's 1994 wages were $53,000. In addition, Tom's employer provided group-term life insurance on
Tom's life in excess of $50,000. The value of such excess coverage was $2,000.

A) $2,000
B) $50,000
C) $25,000
D) $1,000
E) $900
F) $75,000
G) $3,000
H) $10,000
I) $1,300
J) $500
K) $0
L) $55,000
M) $1,250
N) $2,500
O) $1,500

3. For a cash basis taxpayer, gain or loss on a year-end sale of listed stock arises on the:

A) Date of delivery of stock certificate.
B) Settlement date.
C) Date of receipt of cash proceeds.
D) Trade date.

4. Tom and Joan Moore, both CPAs, filed a joint 1994 federal income tax return showing $70,000 in taxable
income. During 1994, Tom's daughter Laura, age 16, resided with Tom. Laura had no income of her own
and was Tom's dependent.
Determine the amount of income or loss, if any that should be included on page one of the Moores' 1994
Form 1040.
The Moores received a stock dividend in 1994 from Ace Corp. They had the option to receive either cash
or Ace stock with a fair market value of $900 as of the date of distribution. The par value of the stock was
$ 500.

A) $2,000
B) $50,000
C) $25,000
D) $1,000
E) $900
F) $75,000
G) $3,000
H) $10,000
I) $1,300
J) $500
K) $0
L) $55,000
M) $1,250
N) $2,500
O) $1,500

5. Hall, a divorced person and custodian of her 12-year old child, filed her 1990 federal income tax return as
head of a household. She submitted the following information to the CPA who prepared her 1990 return:
. In 1990, Hall sold an antique that she bought in 1980 to display in her home. Hall paid $800 for the
antique and sold it for $1,400, using the proceeds to pay a court ordered judgment.
The $600 gain that Hall realized on the sale of the antique should be treated as:

A) Long-term capital gain.
B) An involuntary conversion.
C) A nontaxable antiquities transaction.
D) Ordinary income.

Solutions: