Real AICPA REG practice exam questions for easy pass!
Updated: Oct 11, 2026
No. of Questions: 70 Questions & Answers with Testing Engine
Download Limit: Unlimited
Our AICPA REG study material is researched and written by the experts who acquaint with the knowledge in the actual test. The accurate and verified answers can help you prepare well for the actual test. Besides, you can try REG free demo questions to assess the validity of it.
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| Certification Vendor: | AICPA |
|---|---|
| Exam Name: | CPA Regulation (REG) Exam |
| Exam Number: | REG |
| Certificate Validity Period: | CPA exam credit valid for 18 months (rolling window); CPA license does not expire once issued |
| Real Exam Qty: | 74 total (66 MCQs + 8 TBSs) |
| Available Languages: | English |
| Exam Format: | Multiple Choice Questions (MCQ), Task-Based Simulations (TBS) |
| Exam Duration: | 240 minutes |
| Passing Score: | 75 (on a 0–99 scale) |
| Exam Price: | USD 250–350 (varies by jurisdiction and fees) |
| Related Certifications: | CPA Information Systems and Controls (ISC) CPA Auditing and Attestation (AUD) CPA Business Analysis and Reporting (BAR) CPA Business Environment and Concepts (BEC legacy) CPA Financial Accounting and Reporting (FAR) CPA Tax Compliance and Planning (TCP) |
| Recommended Training: | NASBA Candidate Resources AICPA CPA Exam Blueprints & Prep Resources |
| Exam Registration: | NASBA CPA Exam Services CPA Central Registration Portal |
| Sample Questions: | AICPA REG Sample Questions |
| Exam Way: | Computer-based testing at authorized Prometric testing centers |
| Pre Condition: | No formal prerequisites for taking the CPA exam, but most jurisdictions require education (typically 120–150 semester hours) and specific accounting coursework for licensure. |
| Section | Weight | Objectives |
|---|---|---|
| Federal Taxation of Property Transactions | 12–22% | - Property transactions
|
| Federal Taxation of Individuals | 15–25% | - Individual income taxation
|
| Ethics, Professional Responsibilities, and Federal Tax Procedures | 15–25% | - Federal tax procedures
|
| Business Law | 10–20% | - Business structure law
|
| Federal Taxation of Entities | 18–28% | - Business entity taxation
|
Parker, whose spouse died during the preceding year, has not remarried. Parker maintains a home for a
dependent child. What is Parker's most advantageous filing status?
Correct Answer: B 🗳️
Explanation: Only visible for itPass4sure members. You can sign-up / login (it's free).
Adams owns a second residence that is used for both personal and rental purposes. During 2001, Adams
used the second residence for 50 days and rented the residence for 200 days. Which of the following
statements is correct?
Correct Answer: B 🗳️
Explanation: Only visible for itPass4sure members. You can sign-up / login (it's free).
Conner purchased 300 shares of Zinco stock for $30,000 in 1980. On May 23, 1994, Conner sold all the
stock to his daughter Alice for $20,000, its then fair market value. Conner realized no other gain or loss
during 1994. On July 26, 1994, Alice sold the 300 shares of Zinco for $25,000.
What amount of the loss from the sale of Zinco stock can Conner deduct in 1994?
Correct Answer: A 🗳️
Explanation: Only visible for itPass4sure members. You can sign-up / login (it's free).
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.
Correct Answer: E 🗳️
Explanation: Only visible for itPass4sure members. You can sign-up / login (it's free).
Clark bought Series EE U.S. Savings Bonds after 1989. Redemption proceeds will be used for payment of
college tuition for Clark's dependent child. One of the conditions that must be met for tax exemption of
accumulated interest on these bonds is that the:
Correct Answer: A 🗳️
Explanation: Only visible for itPass4sure members. You can sign-up / login (it's free).
Viewing page 1 out of 14 pages.
Viewing questions 1-5 out of 70 questions.
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Even the number of the REG exam questions and answers is the same with the real exam. It is much better than i expected. I passed with a satisfied score. Thanks!
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I passed the REG exam yesterday, i can confirm that these REG exam dumps are valid. Though there were about 3 new questions but the exam was pretty easy.
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