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  • Total Questions: 70
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Whether you prefer reading on paper or drilling on screen, Lead1Pass has a format for you: a printable PDF, a desktop test engine that simulates the real CPA-Regulation environment, and an online engine that runs in any browser. All three cover the same 70 practice questions for the AICPA Certified Public Accountant CPA Regulation.

AICPA CPA-Regulation Exam Overview:

Certification Vendor:AICPA
Exam Name:Uniform CPA Examination - Regulation (REG)
Exam Number:CPA-REG
Exam Price:Varies by U.S. jurisdiction
Exam Duration:240 minutes
Related Certifications:Certified Public Accountant (CPA)
Available Languages:English
Real Exam Qty:80 (72 Multiple-Choice Questions and 8 Task-Based Simulations)
Certificate Validity Period:Exam credit validity determined by state board (commonly 30 months from first passed section)
Exam Format:Multiple-Choice Questions (MCQ), Computer-Based Exam, Task-Based Simulations (TBS)
Passing Score:75
Sample Questions: DOWNLOAD DEMO
Exam Way:Computer-based exam delivered at Prometric test centers.
Pre Condition:Eligibility requirements vary by state board of accountancy. Candidates must meet jurisdiction-specific education and application requirements before sitting for the CPA Exam.
Official Syllabus URL:https://www.aicpa-cima.com/resources/article/learn-what-is-tested-on-the-cpa-exam

AICPA CPA-Regulation Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Federal Taxation of Entities23-33%- Partnerships
- Entity Tax Compliance
- S Corporations
- Limited Liability Companies
- Trusts and Estates
- C Corporations
Topic 2: Federal Taxation of Property Transactions5-15%- Like-Kind Exchanges and Involuntary Conversions
- Property Tax Basis and Cost Recovery
- Gains and Losses
Topic 3: Federal Taxation of Individuals22-32%- Gross Income
- Tax Credits
- Deductions
- Individual Tax Computation
- Property Transactions
Topic 4: Ethics, Professional Responsibilities and Federal Tax Procedures10-20%- Ethics and Professional Responsibilities
- Federal Tax Procedures
- Legal Duties and Responsibilities
Topic 5: Business Law15-25%- Federal Securities Regulation
- Contracts
- Business Structure
- Debtor-Creditor Relationships
- Agency

Answers to Common Questions About the AICPA CPA-Regulation Exam

Yes. Lead1Pass offers a free PDF demo of the CPA-Regulation practice questions so you can check the quality, the format, and the difficulty level before you spend anything. After you purchase, you also receive 365 days of free updates, and if the product expires you can extend the update service at a 50% discount from your member zone.

The CPA-Regulation exam contains 80 (72 Multiple-Choice Questions and 8 Task-Based Simulations) questions and gives you 240 minutes to complete them. That works out to a brisk pace, so you cannot afford to stall on a single tricky item — flag it, move on, and circle back if time allows. Before exam day, run at least two timed mock sessions with the Lead1Pass desktop or online test engine; practicing against a real clock turns the official time limit into a comfortable rhythm instead of a source of panic.

The CPA-Regulation exam (full name: Certified Public Accountant CPA Regulation) is a AICPA certification exam that leads to the AICPA Certification credential, positioned at the Professional level. It validates the skills AICPA expects from professionals working with its technologies, and passing it is the key step toward getting certified. It also sits within a broader certification path that includes Certified Public Accountant (CPA).

The AICPA Certified Public Accountant CPA Regulation exam is organized into 5 domains. The main areas include Federal Taxation of Entities (23-33%), Federal Taxation of Property Transactions (5-15%), and Business Law (15-25%). Scroll up to the exam syllabus section on this page for the complete topic-by-topic outline.

Eligibility requirements vary by state board of accountancy. Candidates must meet jurisdiction-specific education and application requirements before sitting for the CPA Exam.

Eligibility requirements can change, so before you register, confirm the latest criteria on the official AICPA exam page.

To pass the CPA-Regulation exam you need a score of 75, and the official registration fee is Varies by U.S. jurisdiction. Keep in mind that a failed attempt comes at full price: retaking the exam means paying the entire fee again. A smart way to protect that investment is to self-test first — work through the 70 practice questions at Lead1Pass until your timed scores sit comfortably above the passing line before you book a seat.

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If you take the CPA-Regulation exam within 60 days of your purchase and do not pass, you can apply for a full refund under the Lead1Pass money back guarantee. To file a claim, submit a scan of your exam enrollment slip together with the official score report (PDF) within 2 days of taking the exam, and your claim will be processed within 7 days. The candidate name must match the payer name, and the policy does not apply to exams taken within 3 days of purchase, to purchases where the exam was never actually taken, or to free materials and expired orders. Prefer an alternative? Instead of a refund, you can exchange your purchase for two free exam products of equal value while keeping the update service on your original product.

AICPA Certified Public Accountant CPA Regulation Sample Questions:

A cash basis taxpayer should report gross income:

  • A. For the year in which income is either actually or constructively received, whether in cash or in property.
  • B. Only for the year in which income is actually received in cash.
  • C. Only for the year in which income is actually received whether in cash or in property.
  • D. For the year in which income is either actually or constructively received in cash only.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Dale received $1,000 in 1990 for jury duty. In exchange for regular compensation from her employer during the period of jury service, Dale was required to remit the entire $1,000 to her employer in
1990. In Dale's 1990 income tax return, the $1,000 jury duty fee should be:

  • A. Claimed as an itemized deduction to the extent exceeding 2% of adjusted gross income.
  • B. Deducted from gross income in arriving at adjusted gross income.
  • C. Claimed in full as an itemized deduction.
  • D. Included in taxable income without a corresponding offset against other income.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Cobb, an unmarried individual, had an adjusted gross income of $200,000 in 1990 before any IRA deduction, taxable social security benefits, or passive activity losses. Cobb incurred a loss of $30,000 in 1990 from rental real estate in which he actively participated. What amount of loss attributable to this rental real estate can be used in 1990 as an offset against income from nonpassive sources?

  • A. $30,000
  • B. $0
  • C. $25,000
  • D. $12,500
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Mosh, a sole proprietor, uses the cash basis of accounting. At the beginning of the current year, accounts receivable were $25,000. During the year, Mosh collected $100,000 from customers. At the end of the year, accounts receivable were $15,000. What was Mosh's gross taxable income for the current year?

  • A. $110,000
  • B. $75,000
  • C. $100,000
  • D. $90,000
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Elm Corp. is an accrual-basis calendar-year C corporation with 100,000 shares of voting common stock issued and outstanding as of December 28, 1996. On Friday, December 29, 1996, Hall surrendered 2,000 shares of Elm stock to Elm in exchange for $33,000 cash. Hall had no direct or indirect interest in Elm after the stock surrender. Additional information follows:

What amount of income did Hall recognize from the stock surrender?

  • A. $33,000 dividend.
  • B. $18,000 capital gain.
  • C. $17,000 capital gain.
  • D. $25,000 dividend.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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