Simulate the real exam

We provide different versions of REG practice exam materials for our customers, among which the software version can stimulate the real exam for you but it only can be used in the windows operation system. It tries to simulate the REG best questions for our customers to learn and test at the same time and it has been proved to be good environment for IT workers to find deficiencies of their knowledge in the course of stimulation.

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Only need to practice for 20 to 30 hours

You will get to know the valuable exam tips and the latest question types in our REG certification training files, and there are special explanations for some difficult questions, which can help you to have a better understanding of the difficult questions. All of the questions we listed in our REG practice exam materials are the key points for the IT exam, and there is no doubt that you can practice all of REG best questions within 20 to 30 hours, even though the time you spend on it is very short, however the contents you have practiced are the quintessence for the IT exam. And of course, if you still have any misgivings, you can practice our REG certification training files again and again, which may help you to get the highest score in the IT exam.

Fast delivery in 5 to 10 minutes after payment

Our company knows that time is precious especially for those who are preparing for AICPA REG exam, just like the old saying goes "Time flies like an arrow, and time lost never returns." We have tried our best to provide our customers the fastest delivery. We can ensure you that you will receive our REG practice exam materials within 5 to 10 minutes after payment, this marks the fastest delivery speed in this field. Therefore, you will have more time to prepare for the REG actual exam. Our operation system will send the REG best questions to the e-mail address you used for payment, and all you need to do is just waiting for a while then check your mailbox.

There is no doubt that the IT examination plays an essential role in the IT field. On the one hand, there is no denying that the REG practice exam materials provides us with a convenient and efficient way to measure IT workers' knowledge and ability(REG best questions). On the other hand, up to now, no other methods have been discovered to replace the examination. That is to say, the IT examination is still regarded as the only reliable and feasible method which we can take (REG certification training), and other methods are too time- consuming and therefore they are infeasible, thus it is inevitable for IT workers to take part in the IT exam. However, how to pass the AICPA REG exam has become a big challenge for many people and if you are one of those who are worried, congratulations, you have clicked into the right place--REG practice exam materials. Our company is committed to help you pass exam and get the IT certification easily. Our company has carried out cooperation with a lot of top IT experts in many countries to compile the REG best questions for IT workers and our exam preparation are famous for their high quality and favorable prices. The shining points of our REG certification training files are as follows.

AICPA CPA Regulation Sample Questions:

1. Barkley owns a vacation cabin that was rented to unrelated parties for 10 days during the year for $2,500.
The cabin was used personally by Barkley for three months and left vacant for the rest of the year.
Expenses for the cabin were as follows:
Real estate taxes $1,000
Maintenance and utilities $2,000
How much rental income (loss) is included in Barkley's adjusted gross income?

A) $500
B) $0
C) $(500)
D) $(1,500)

2. Smith made a gift of property to Thompson. Smith's basis in the property was $1,200. The fair market
value at the time of the gift was $1,400. Thompson sold the property for $2,500. What was the amount of
Thompson's gain on the disposition?

A) $1,100
B) $0
C) $1,300
D) $2,500

3. 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.
In 1992, Joan received an acre of land as an inter-vivos gift from her grandfather. At the time of the gift,
the land had a fair market value of $50,000. The grandfather's adjusted basis was $60,000. Joan sold the
land in 1994 to an unrelated third party for $56,000.

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

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) $35,000
B) $41,000
C) $39,000
D) $37,000

5. Among which of the following related parties are losses from sales and exchanges not recognized for tax
purposes?

A) Brother-in-law and sister-in-law.
B) Ancestors, lineal descendants, and all in-laws.
C) Father-in-law and son-in-law.
D) Grandfather and granddaughter.

Solutions: