速看：美国注册会计师CPA考试练习题精选09

发布时间：2020-09-07

---

各位小伙伴大家好，美国CPA考试共有三种题型：选择题，案例分析题和写作题，不同科目题型分配不同，为了帮助大家更好地备考，51题库考试学习网带来了练习题供大家练习，帮助大家熟悉题型和积累答题经验，具体内容如下：

1.Capital assets include:

a. A corporation\\'s accounts receivable from the sale of its inventory.

b. A corporate real estate developer\\'s unimproved land that is to be subdivided to build homes, which will be sold to customers.

c. A manufacturing company\\'s investment in U.S. Treasury bonds.

d. Seven-year MACRS property used in a corporation\\'s trade or business.

答案：C

Explanation

Choice "c" is correct. Investment assets of a taxpayer that are not inventory are capital assets. The manufacturing company would have capital assets including an investment in U.S. Treasury bonds.

Choice "a" is incorrect. Accounts receivable generated from the sale of inventory are excluded from the statutory definition of capital assets.

Choice "d" is incorrect. Depreciable property used in a trade or business is excluded from the statutory definition of capital assets.

Choice "b" is incorrect. Land is usually a capital asset, but when it is effectively inventory, as when it is used by a developer to be subdivided, it is excluded from the statutory definition of capital assets.

2.If the executor of a decedent\\'s estate elects the alternate valuation date and none of the property included in the gross estate has been sold or distributed, the estate assets must be valued as of how many months after the decedent\\'s death?

a. 6

b. 9

c. 3

d. 12

答案：A

Explanation

Choice "a" is correct.

Rule: The executor can elect to use an alternate valuation date rather than the decedent\\'s date of death to value the property included in the gross estate. The alternate date is generally six months after the decedent\\'s death or the earlier date of sale or distribution.

Note: The valuation of the assets in an estate impacts the recipient as basis of the inherited assets.

Choices "d", "b", and "c" are incorrect, per the above rule.

3.In a "like-kind" exchange of an investment asset for a similar asset that will also be held as an investment, no taxable gain or loss will be recognized on the transaction if both assets consist of:

a. Convertible debentures.

b. Convertible preferred stock.

c. Rental real estate located in different states.

d. Partnership interests.

答案：C

Explanation

Choice "c" is correct. No taxable gain or loss will be recognized on a like-kind exchange if both assets are tangible property. Rental real estate located in different states qualifies for a like-kind exchange.

Choices "a", "b", and "d" are incorrect. In order to meet the "like-kind exchange" requirements for nonrecognition of gain or loss, the property exchanged must be tangible property. Convertible debentures, convertible preferred stock, and partnership interests are not considered tangible property.

Exception: If the same class of stock of the same corporation is exchanged, it will qualify for "substituted basis."

以上就是今天分享的全部内容了，希望本文对各位有所帮助，预祝各位取得满意的成绩，如需了解更多相关内容，请关注51题库考试学习网！

---

下面小编为大家准备了 美国CPA考试 的相关考题，供大家学习参考。

---

声明：本文内容由互联网用户自发贡献自行上传，本网站不拥有所有权，未作人工编辑处理，也不承担相关法律责任。如果您发现有涉嫌版权的内容，欢迎发送邮件至：contact@51tk.com 进行举报，并提供相关证据，工作人员会在5个工作日内联系你，一经查实，本站将立刻删除涉嫌侵权内容。