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# PRACTICE EXAM II ACCT 305 Fall 07

Course Number: ACC 3110, Spring 2008

College/University: Seton Hall

Word Count: 16001

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University of Wisconsin Parkside School of Business and Technology Dr. R. Zameeruddin INDIVIDUAL TAXATION, ACCT 305 PRACTICE EXAMINATION II Name _______________________ MULTIPLE CHOICE 1. The taxpayer's marginal tax bracket is 40% (combined Federal and state rates). Which would the taxpayer prefer? a. \$1.41 taxable income rather than \$1.00 tax-exempt income. b. \$.59 tax-exempt income rather than \$1.00 taxable...

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