CPA-02093An accuracy-related penalty applies to the portion of tax underpayment attributable to:I.Negligence or a disregard of the tax rules or regulations.II.Any substantial understatement of income tax.
参考答案(由小熊题库网聘请的专业题库老师提供的解答)
请点击↑↑↑ 查看官方参考答案 按钮
习题解析
请点击 查看官方参考答案 按钮
您可能感兴趣的题目
1 .CPA-01755White has a one-third interest in the profits and losses of Rapid Partnership. Rapid's ordinary income for the current taxable year is USD 30,000, after a USD 3,000 deduction for a guaranteed payment made to White for services rendered. None of the USD 30,000 ordinary income was distributed to the partners. What is the total amount that White must include from Rapid as taxable income in his current year tax return?
A USD 11,000 B USD 3,000 C USD 13,000 D USD 10,000
2 .CPA-05524Which of the following is an attribute exclusively of a complex trust?
A It has a beneficiary that is not an individual. B It has a grantor that is not an individual. C It distributes corpus. D It distributes income to more than one beneficiary.
3 .CPA-05970Which of the following is allowed in the calculation of the taxable income of a simple trust?
A Brokerage commission for purchase of tax-exempt bonds. B Charitable contribution. C Exemption. D Standard deduction.
4 .CPA-02187A tax return preparer may disclose or use tax return information without the taxpayer's consent to:
A Be evaluated by a quality or peer review. B Solicit additional nontax business. C Accommodate the request of a financial institution that needs to determine the amount of taxpayer's debt to it, to be forgiven. D Facilitate a supplier's or lender's credit evaluation of the taxpayer.
5 .CPA-02189Which, if any, of the following could result in penalties against an income tax return preparer?I.Knowing or reckless disclosure or use of tax information obtained in preparing a return.II.A willful attempt to understate any client's tax liability on a return or claim for refund.
A Both I and II. B I only. C II only. D Neither I nor II.
7 .CPA-01384The prospectus for the sale of securities of a not-for-profit corporation contained material misrepresentations due to the negligence of the person who prepared the financial statements. As a result of the misrepresentations, purchasers of the shares lost their investment. Do the anti-fraud provisions of the Securities Act of 1933 apply in this situation?
A Yes, because the securities are required to be registered. B No, because only the issuer was negligent. C Yes, because the misrepresentations were material. D No, because the securities are exempt from registration.
8 .CPA-01385An original issue of transaction exempt securities was sold to the public based on a prospectus containing intentional omissions of material facts. Under which of the following federal securities laws would the issuer be liable to a purchaser of the securities?I.The anti-fraud provisions of the Securities Act of 1933.II.The anti-fraud provisions of the Securities Exchange Act of 1934.
A Both I and II. B Neither I nor II. C II only. D I only.
9 .CPA-01084Which of the following will release all original parties to a contract but will maintain a contractual relationship between the original parties?
A Novation:Yes；Substituted contract:No B Novation:No；Substituted contract:No C Novation:Yes；Substituted contract:Yes D Novation:No；Substituted contract:Yes
10 .CPA-01081Under the Negotiable Instruments Article of the UCC, which of the following statements is(are) correct regarding the requirements for an instrument to be negotiable?I.The instrument must be in writing, be signed by both the drawer and the drawee, and contain an unconditional promise or order to pay.II.The instrument must state a fixed amount of money, be payable on demand or at a definite time, and be payable to order or to bearer.
A Both I and II. B II only. C Neither I nor II. D I only.
