Free CTFA Exam Braindumps (page: 22)

Page 22 of 113

An extension of time beyond the April 15 deadline during which taxpayers, with the approval of the IRS, can file their returns without incurring penalties.

  1. Filing extension
  2. Amended return
  3. Estimated taxes
  4. None of the above

Answer(s): A



A technique used to reduce taxes in which a taxpayer shifts a portion of income to relatives in lower tax brackets.

  1. Income shifting
  2. Tax deferred
  3. Tax avoidance
  4. Tax Evasion

Answer(s): A



When using a probability tree approach, we discount the various cash flows to their present value at:

  1. The firm's weighted-average cost of capital
  2. The project's required rate of return
  3. The risk-free rate
  4. The after-tax cost of the firm's long-term debt

Answer(s): C



A managerial option, in effect:

  1. Limits the flexibility of management's decision-making
  2. Limits the downside risk of an investment project
  3. Limits the profit potential of a proposed project
  4. Applies only to new projects

Answer(s): B



Page 22 of 113



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JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
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JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
upvote

Alo commented on November 12, 2018
we shall see, just downloaded. Will report back
Anonymous
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