CPAR HANDOUTS ANSWER KEY

AFAR 8501
Part 1
DBCA
Part 2
1. BA
2. AB
3. C
4. A

AFAR 8502
Part 1
CBDC
Part 2
1. AB
2. CCB
3. A
4. CB
5. D

AFAR 8503
Part 1
BCDCB
Part 2
1. B
2. A
3. BA
4. D
5. C
6. D
7. D
8. C
9. CABD

AFAR 8504

Part 1: CADBC
Part 2: ABACB DCBCA AAD

AFAR 8505
Part 1: BACBAA
#7- no answer, all are considered
Part 2: CBACC DBCCC DB
AFAR 8506
BCCBD DA
BBCBA DBCBB

AFAR 8507
I. AABDD DADAA BCD
II. BACCA DCABB CDAA

AFAR 8508
Part I: CCDCA
Part II: BCACA DBCBA ADA

AFAR 8509
Part I: CBACB CCD
Part II: CBCBA CACAA DDCD

AFAR 8510
DCCDA CCADD E

AAAA
BBBBB
A
B
ABC
DD
CC
AAA

AFAR 8511
AAAAC
A
B
BAC

AFAR 8512
ABCDA

BB
CC
A
DDD
AACA

AFAR 8513
ABAAD CABDC DCDC
DCAAA
AFAR 8514
ADDDD

A
B
CC
AAAA
A
A
BA
C

AT 8501

CABAA BBACB
ABADB BDABC
DCDAD BCDAD
CDDDA CCCDA
ADCBA ACCAA
BACDB

AT 8502
BDCCD BABCD
DCCBB DDDCC

AT 8503
DDCDC DDDAC ABBCD DCBDC CCCBB CABAC CACAC ACCBD CBBBD BACAB
BBCBA

AT 8504
CDCBD DBDAA
AACDA CCDDB
BADCC DD

AT 8505
BDADD BCDCD
DBBBC ACCDC
DDDBB DDBBD

AT 8506
DDCAA ADDBB
DACDD DCCDA
DCCAA DAD
AT 8507
BADDC BADCD
DADAD ABBAB
DC

AP 8501
Prob 1: BCDDAC
Prob 2: CCBC
Prob 3:
2,000,000
2,308,000
8,359,000
786,000
13,336,000
Prob 4: ADAAD
Prob 5: BCBDD
Prob 6: ACB
Prob 8: CAADB DDDAD DD

AP 8502

BD
DCABA
BBCC
DBABB
AAC
ADCAB
DBCB
CBBCDACAAC

AP 8503

DBBAA
DCACA
CA
CAAD
BCDCA
BBDACAADDD
DDDBB DDBBD

AP 8504
BABA
ACBA
CABDD
CAABA
FAR 6586
DDDDD ACDDD
ABBDC BABAB
ABCAB CCADC
ADDDD DCADB
DDADB DAABC

FAR 6587
1-5: ACADAA
6-8: DAA

FAR 6585
DCAAA BDDDA
DDBBC DCDDC
BCBDC

FAR 6588

AAADB CBAAA
BBACB

FAR 6589

ADBCB BAABC
BCCAD CADC

FAR 6590
AADDB CDDDD
CDDCC CACCB
BCDDD DDDDA
CBBAB AAACB
DDAAB DCDCB
DDBCD DBCDB

FAR 6591

BBAAC ADC

FAR 6592
CAAAA CACDB

FAR 6593
BACDD ABACC D

FAR 6594
DCBBC BAABA A
FAR 6595
BADDC BDBB

FAR 6596
AABAB BCACB ABBC

FAR 6597
CBCAA ABCCA B

FAR 6598
BDDAD CDDCA CADBA
AADDA DCAAC CCBCC
CABBC BCAAD CAACB
BBCDB BCCBD ADABD
CDDDB ACABD

FAR 6599
CABCC BDBA

FAR 6600
CAABB BCAAB A

FAR 6601
DDDAA CACBC CC

FAR 6602
ABDBA CAAAC CD

FAR 6603
DCABB CBDB

FAR 6604
DDBDD BCCCD BADCD DACAB BADCD DDDDC BCDAB ADBBA ABCBD DADAD

FAR 6605
ABBAD ABACC ADD

FAR 6606
DAAAC BBDC

FAR 6607
BAADD BCB
FAR 6608
AB
BDDB
BAC
B
A

FAR 6609
ABA
BDA
A
BBB
BAA

FAR 6610
DDADD ACBDC
DDDDB BAADC
CDBCD ACADB
CDCAC DACDC
BADCB CCACD

FAR 6611
A
ABACC
A
A
B
BA
A
C
B
B

FAR 6612
DDDDD BDDBA
CCACD BDADC
BADAA ADCDD
DCBDC DABBB
CDDBB DDDAC
FAR 6613
DDCC
CB
BB
DD
C
D
B
BBC

FAR 6614
C
D
AC
DB
BDA
A
C
C

FAR 6615
A
A
C
B
C
C
C
B
B

FAR 6616
BAAA
AC
B
BB
B
A

FAR 6617
BBAAA
C
BBAB
AC
FAR 6618
BA
B
BAA
ABA
ADBC

FAR 6619
AA
B
DC
D
B
ABAB
AB

FAR 6621
ACBAC
AAAB
AD

FAR 6622
BDDDC ACBDB
ADCBD CDBDC
BBCAA BDBBA
DDDAA CDDBC
DCBDB BACDD

FAR 6623
CD
A
AA
C
A
CBAC

FAR 6624
A
B
BAC
BB
A
B
A
TAX 8502
AADCD CDAAA
DDDCB BCBBD
DDABD CBA(A,No)C
C(B,Yes)ADA CABBC
ACCAD A(A,A)BB

Tax 8503 (Corporation)

DCBBC BDBDD
ADCCD ACDBD
DCDDD DBBCD
BBCDA ABCDC
DABBC CCBDB
BABAA CAAAB
AB

TAX 8504
BDDDD DDDAA
ADDAB CABCD
DAAC (D,A) (A,A,D)

TAX 8505
CADAB CDBCB DA

13. (a) 200,000 (b)180,000 (c)(15,000)

14. (a)225000(b)790000(c)1015000(d)475000
15. 156680, 68200
16. 107500
17. (75000)

TAX 8506
ADCAD DDDCB
AADAC A
17. 35294, 40385
18. 0, 0
19. (a)183077
20. 12923
21. 107692
22. 129877
23. 4847
24. (a)56538 (b)56538
25. B
26. (a) 214000 (b)49400
27. D
TAX 8507
BCBDD BCCDC
CCCDD BCABC
ACDBA CABCD
ADC(AB)
35. (a)(12200) (b)51500 (c)(35000) (d)(30000)
36. A
37. A
38. 10000
39. C
40-41. AC
42.
1. (a) 655410, 112821 (b)456410, 712821
2. (a) 1225633 (b) 1225642
3. 1473084

43-47. ACCAD

TAX 8508
DBDDD CDCDD
BABCA DDDDD
DBEDD CCCAD
ABBCC DDAAC
(BBBC)BDAA ACBCA
BDADA DDADC A

TAX 8509
1. OOOOCCCCCC(C&O)
2-5. DBAD
6. 15000 gain
7. 11000 gain
8-11. DBDD
12.
2015 160000
2016 200000
2017 225000
2018 411000
13. 480000
14. 15000 deductible
15. 415000
16. 20A 400000, 20B 506000
17. (a)16000 deductible (b)30000 loss
18. C

TAX 8510
ACDDB CCBBC
1ST PREBOARD

FAR 4. A 5. C
MAS 70. D
TAX 41. A 42. B
RFBT 65. A 66. C

by jrnrqz