Free AAFM CTEP Exam Questions

Become AAFM Certified with updated CTEP exam questions and correct answers

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Total 475 Questions | Updated On: Nov 14, 2024
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Question 1

Which of the following statements about Discretionary Trust is/are correct? 


63


Answer: A
Question 2

There are _________________ Non-Formal Sources of Law. 


Answer: D
Question 3

Topic 3, Volume C


An Oral Trust is deemed to be a written trust if a statement in writing is forwarded to the Assessing Officer within _________________ from the date of declaration of the trust.


Answer: A
Question 4

In US for 2013, the amount of the standard deduction is ______ for single individuals and married individuals filing separate returns


Answer: B
Question 5

If a trust is partner in a firm, the maximum rate of tax applicable is 


Answer: D
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Total 475 Questions | Updated On: Nov 14, 2024
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