AICPA REG Value Pack (Frequently Bought Together)

Timer to help you control the exam time

In order to help you control the REG examination time, we have considerately designed a special timer to help your adjust the pace of answering the questions of the REG study materials. Many people always are stopped by the difficult questions. Then they will fall into thoughts to try their best to answer the questions of the REG real exam. Finally, they used up all examination time and leave a lot of unanswered questions of the REG exam questions. It is a bad habit. In your real exam, you must answer all questions in limited time. So you need our timer to help you. Our timer is placed on the upper right of the page. The countdown time will run until it is time to submit your exercises of the REG study materials. Also, it will remind you when the time is soon running out.

If we redouble our efforts, our dreams will change into reality. Although we might come across many difficulties during pursuing our dreams, we should never give up. If you still have dreams, our REG study materials will help you realize your dreams. As old saying goes, knowledge is wealth. So our REG exam questions will truly teach you a lot of useful knowledge, which can compensate for your shortcomings. Actions speak louder than words. You are supposed to learn to make a rational plan of life. Our REG real exam will accompany you to grow stronger.

Three packages for your convenience

As we all know, the world does not have two identical leaves. People's tastes also vary a lot. So we have tried our best to develop the three packages for you to choose. Now we have free demo of the REG study materials, which can print on papers and make notes. Then windows software of the REG exam questions, which needs to install on windows software and run on JAVA environment. Also, the windows software is intelligent to simulate the real test environment. Then the online engine of the REG study materials, which is convenient for you because it doesn't need to install on computers. It supports Windows, Mac, Android, iOS and so on. The REG real exam just can run on web browser. In short, the three packages of the study materials have respect advantages. So you can choose as you like. We strongly advise you to purchase all three packages of the REG exam questions. You absolutely can afford for them.

Automatic generation of report

Every practice exam or virtual exam of the REG study materials is important for you. It is a good chance to test your current revision conditions. So it is essential to summarize each exercise to help you adjust your review plan. Now, we have added a new function to our online test engine and windows software of the REG real exam, which can automatically generate a report according to your exercises of the REG exam questions. So you need not to summarize by yourself. The system will accurately help you analyze the exercises of the REG study materials. Then you will clearly know where you are good at and where your do badly. Flexible adjustment to your revision of the REG real exam is essential to pass the exam. You can make decisions after careful consideration. It is up to you to make a decision.

AICPA REG Exam Syllabus Topics:

AICPA CPA Regulation Sample Questions:

Question 1

Under the uniform capitalization rules applicable to property acquired for resale, which of the following
costs should be capitalized with respect to inventory if no exceptions are met?

A. Option C
B. Option D
C. Option B
D. Option A

Question 2

Elm Corp. is an accrual-basis calendar-year C corporation with 100,000 shares of voting common stock
issued and outstanding as of December 28, 1996. On Friday, December 29, 1996, Hall surrendered 2,000
shares of Elm stock to Elm in exchange for $33,000 cash. Hall had no direct or indirect interest in Elm
after the stock surrender. Additional information follows:

What amount of income did Hall recognize from the stock surrender?

A. $25,000 dividend.
B. $18,000 capital gain.
C. $33,000 dividend.
D. $17,000 capital gain.

Question 3

Smith, an individual calendar-year taxpayer, purchased 100 shares of Core Co. common stock for
$ 15,000 on December 15, 1992, and an additional 100 shares for $13,000 on December 30, 1992. On
January 3, 1993, Smith sold the shares purchased on December 15, 1992, for $13,000. What amount of
loss from the sale of Core's stock is deductible on Smith's 1992 and 1993 income tax returns?

A. Option C
B. Option D
C. Option B
D. Option A

Question 4

Porter was unemployed for part of the year. Porter received $35,000 of wages, $4,000 from a state
unemployment compensation plan, and $2,000 from his former employer's company-paid supplemental
unemployment benefit plan. What is the amount of Porter's gross income?

A. $37,000
B. $41,000
C. $35,000
D. $39,000

Question 5

Ryan, age 57, is single with no dependents. On July 1, 1997, Ryan's principal residence was sold for the
net amount of $500,000 after all selling expenses. Ryan bought the house in 1963 and occupied it until
sold. On the date of sale, the house had a basis of $180,000. Ryan does not intend to buy another
residence. What is the maximum exclusion of gain on sale of the residence that may be claimed in Ryan's
1 997 income tax return?

A. $0
B. $250,000
C. $320,000
D. $125,000

Solutions: