美国CPA模拟试题：收入所得税会计（三）

　　为了帮助参加2015年美国CPA考试的学员巩固知识，提高备考效果，正保会计网校特为大家整理了美国CPA考试模拟试题，希望帮助广大考生一起学习一起进步。

　　Which of the following items should affect current income tax expense for Year 3？

　　a. Penalties on a Year 1 tax deficiency paid in Year 3.

　　b. Change in income tax rate for Year 4.

　　c. Change in income tax rate for Year 3.

　　d. Interest on a Year 1 tax deficiency paid in Year 3.

　　Explanation

　　Choice “c” is correct， change in income tax rate for Year 3 will affect current income tax expense for Year 3.

　　Choice “d” is incorrect. Interest on a Year 1 tax deficiency paid in Year 3 would be recorded in interest expense.

　　Choice “a” is incorrect. Penalties on the Year 1 tax deficiency paid in Year 3 would be recorded in general and administrative expenses.

　　Choice “b” is incorrect. Change in income tax rate for Year 4 will affect deferred tax expense for Year 3.