AAFM CTEP 問題集

質問 1：
Which of the following statement(s) about Will is/are correct?

A. Neither (i) or (ii)
B. Only (ii)
C. Only (i)
D. Both (i) and (ii)
正解：C

質問 2：
For which of the following stage of Business Cycle a succession plan is not prepared?
A. Maturity
B. Survival
C. New Growth or Winding Down
D. Growth
正解：C

質問 3：
In US, GST exemption limit for 2013 is _______________ and the Estate and Gift tax for the same year is __________.
A. Nil as Estate Tax is repealed; 35% for Gift tax only
B. $5,000,000 ; 35%
C. $5,250,000 ; 40% for Gift Tax only
D. $5,250,000 ; 40%
正解：D

質問 4：
What is Probate?
A. A Will made out of undue influence
B. Court process by which a will is proved valid or invalid
C. A person who pays the 'Inheritance Tax'
D. The process of distribution of estate
正解：B

質問 5：
You are an Estate Planner. Your Client asks you that if he wants to give business to his children which method is not appropriate. He further asks you which method can help him control the size of this gift through his will. Your reply would be___________
A. Buy-Sell Agreement, Buy-Sell Agreement
B. Bequest, Bequest
C. Buy-Sell Agreement, Bequest
D. Estate Sale, Buy-Sell Agreement
正解：B

質問 6：
Find out the taxable value of perquisite from the following particulars in case of an employee to whom the following assets held by the company were sold on 1.8.2012.

The assets were put to use by the company from the day they were purchased.
A. Rs. 82,170
B. Rs. 48,800
C. Rs. 92,850
D. Rs. 53,000
正解：A

質問 7：
Manish has two house properties. Both are self occupied. The annual value of:
A. No house shall be NIL
B. Option A with certain condition
C. Both the house is NIL
D. One house shall be NIL
正解：D

質問 8：
In Singapore, If an individual does not agree with the assessment raised, he she have to lodge an objection in writing within ________from the date of issue of notice of assessment; otherwisethe assessment will automatically become final.Singapore has entered into tax treaties with _____________.
A. 15 days; 52 countries
B. 30 days; 52 countries
C. 15 days; 72 countries
D. 30 days; 72 countries
正解：D

質問 9：
Estate Planning Process is eight-step procedure that a manager has to follow. The Eight Steps are as given below (not in any order)

The correct order is
A. (ii)-(i)-(iii)-(iv)-(vi)-(vii)-(v)-(viii)
B. (ii)-(i)-(iii)-(iv)-(vi)-(vii)-(viii)-(v)
C. (i)-(ii)-(iii)-(iv)-(v)-(vi)-(vii)-(viii)
D. (ii)-(i)-(iii)-(iv)-(vi)-(v)-(vii)-(viii)
正解：B