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What is Regulation (REG) in the CPA exam

The Regulation (REG) section of the Uniform CPA Examination (the Exam) tests the knowledge and skills that a newly licensed CPA must demonstrate: Enroll Now with Miles Education, India's largest international CPA course provider - https://mileseducation.com/cpa

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What is Regulation (REG) in the CPA exam

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  1. What is Regulation (REG) in the CPA exam? The Regulation (REG) section of the Uniform CPA Examination (the Exam) tests the knowledge and skills that a newly licensed CPA must demonstrate with respect to: US ethics & professional responsibilities related to tax practice US federal taxation US business law US Certified Public Accountant(US CPA Course) - Miles Education

  2. The REG section is designed to have the following exam time and question types on the US CPA Exam: Section Section Time Multiple-choice questions (MCQs) Task-based simulations (TBSs) Written Communication REG 4 hours 76 8 - The scoring weight of multiple-choice questions (MCQs), task-based simulations (TBSs), and written communication for the REG section on the US CPA Exam are as follows: Score Weightage Section Multiple-choice questions (MCQs) Task-based simulations (TBSs) Written Communication REG 50% 50% -

  3. The following table summarizes the content areas and the allocation of the content tested in the REG section of the Exam: Content Area Topics Allocation Area I Ethics, Professional Responsibilities & Federal Tax Procedures 10 - 20% Area II Business Law 10 - 20% Area III Federal Taxation and Property Transactions 12 - 22% Area IV Federal Taxation of Individuals 15 - 25% Area V Federal Taxation of Entities 28 - 38%

  4. Few tips you must keep in mind while preparing for the REG exam 1 Spend more time practicing questions, than reading/ learning theory. The MCQs are generally more practical in nature than theory. Most people find out why an answer is not right. However, always identify the cause of your correct answer, as well. Sometimes you may get the answer right by chance. Ensure the logic applied by you is sound. Reading the answer explanation is highly important. 2

  5. Task-Based Simulations (TBSs) should be attempted after you have a stronghold in the MCQ section since simulations do not always conform to chapter boundaries and can test concepts from various disciplines. However, if you are good with the entire MCQs section, you will not find the TBSs as difficult, they will feel like long-form MCQs. 3 The REG section of the CPA exam requires a higher attention to detail in comparison to the other sections. One would have to digest a number of rules and regulations to pass this section, so investing the time needed to remember the concepts serves as an important tip. 4

  6. Resolve to be a CPA in 2023 4 exams I 12-16 months New Batch starts on 6th Nov 2022 ENROLL NOW with Miles Education, India's largest international CPA course provider US Certified Public Accountant (US CPA Course) - Miles Education

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