CIT 594 CERTIFICATION EVALUATION 2026 TEST PAPER QUESTIONS AND SOLUTIONS

CIT 594 CERTIFICATION EVALUATION
2026 TEST PAPER QUESTIONS AND
SOLUTIONS

●● Timing to determine revenue of rendering services for CIT purpose
is:
A. The time the company receives full money from rendering of services
B. The time rendering services is completed or issuance of sale invoice
C. The time rendering services is completed or part of services is done
D. The year end of fiscal year.
Answer: C. The time rendering services is completed or part of services
is done


●● The cap of uniform expense which is paid in cash to employees for
CIT purpose is?
A. VND 3 million dongs/employee/month
B. VND 3 million dongs/employee/year
C. VND 5 million dongs/employee/month
D. VND 5 million dongs/employee/year.
Answer: D. VND 5 million dongs/employee/year


●● The cap of interest rate for loans borrowed from entities or
individuals other

, than commercial banks. credit institutions or economic entities is:
A. 150% of the base rate announced by the State bank of Vietnam
B. 200% of the base rate announced by the State bank of Vietnam
C. 150% of the discount rate announced by the State bank of Vietnam
D. 200% of the discount rate announced by the State bank of Vietnam.
Answer: A. 150% of the base rate announced by the State bank of
Vietnam


●● The highest rate of corporate income tax under the Law on CIT is:
A. 32%
B. 40%
C. 45%
D. 50%.
Answer: D. 50%


●● The lowest rate of corporate income tax under the Law on CIT is:
A. 5%
B. 10%
C. 15%
D. 20%.
Answer: B. 10%