CDFA EXAM STUDY MATERIALS EXAM
WITH CORRECT ACTUAL QUESTIONS AND
CORRECTLY WELL DEFINED ANSWERS
LATEST ALREADY GRADED A+ 2025 – 2026
No-Fault Divorce - ANSWERS-_________________________ is a
marriage dissolution system whereby divorce is granted without the
necessity of proving one of the parties guilty of marital misconduct.
Nuptial - ANSWERS-Pertaining to marriage.
Pendente Lite Support - ANSWERS-
______________________________ is a temporary order of the
Court that provides support until the divorce is finalized. (See also
"Temporary Order.")
Perjury - ANSWERS-____________________ is a the act of lying
while under oath.
,Petition - ANSWERS-A ________________ is a written application
for particular relief from the court. In some jurisdictions complaint
for divorce is entitled "petition for dissolution."
Petitioner - ANSWERS-A _______________ is the person who led
the Petition or Complaint. Also referred to as the Plaintiff.
Plaintiff - ANSWERS-_________________ is the spouse who initiates
the legal divorce process by ling a complaint or petition stating that
the marriage is over and listing the grounds and claims against the
other spouse. _________________ is the same as Petitioner.
Positional Bargaining - ANSWERS-____________________________
starts with the solution. One party proposes a solution and the
other party makes an offer. Counteroffers are made until a
resolution is found that works for both parties.
Precedent - ANSWERS-___________________ are decisions found in
other pre-existing cases which factor into the case at hand.
Schedule B: Interest and Ordinary Dividends - ANSWERS-Schedule
____ identifies the assets and investments generating interest and
dividends.
Schedule C: Profit or Loss from Business - ANSWERS-Schedule ___
may be a place to hide assets or income. For example, depreciation
,expense is not a cash outflow and should sometimes be added back
to net income to determine actual income. The depreciation
schedule may also reveal additional assets in the business.
Schedule D: Capital Gains and Losses - ANSWERS-Schedule _______
is used to report gains and losses from the sale of stocks, bonds,
and real estate.
Schedule E: Supplemental Income and Loss - ANSWERS-Schedule
_____ is used to report income from rental properties, royalties,
partnerships, and S-corporation income. Depreciation would be
something to review.
Form 1065 - ANSWERS-Form _________ is used to report
partnership income.
Form 1120 - ANSWERS-Form __________ is used to report
corporate income
Form 1120S - ANSWERS-Form ___________ is used to report
corporate income for S corporations.
Schedule 1: Additional Income and Adjustments to Income -
ANSWERS-Schedule ____________________ includes additional
income, such as capital gains, unemployment compensation, prize
or award money, and gambling winnings. It also includes
, deductions such as student loan interest, self-employment tax, and
educator expenses.
Schedule 2 Tax - ANSWERS-Schedule _________ details the
alternative minimum tax (ATM) or an excess advance premium tax
credit repayment.
Schedule 3 Nonrefundable Credits - ANSWERS-Schedule _________
is used to claim a nonrefundable credit other than the child tax
credit or the credit for other dependents, such as the foreign tax
credit, education credits, or general business credit.
Schedule 4 Other Taxes - ANSWERS-Schedule ___________ reports
other taxes, such as self-employment tax, household employment
taxes, additional tax on IRAs or other qualified retirement plans and
tax-favored accounts.
Schedule 5: Other Payments and Refundable Credits - ANSWERS-
Schedule _________ is used to claim a refundable credit other than
the earned income credit, American opportunity credit, or
additional child tax credit.
Form 4562 - ANSWERS-Form _________ reports deductions for
depreciation and amortization as well as provides information on
the business/investment use of automobiles and other listed
property.
WITH CORRECT ACTUAL QUESTIONS AND
CORRECTLY WELL DEFINED ANSWERS
LATEST ALREADY GRADED A+ 2025 – 2026
No-Fault Divorce - ANSWERS-_________________________ is a
marriage dissolution system whereby divorce is granted without the
necessity of proving one of the parties guilty of marital misconduct.
Nuptial - ANSWERS-Pertaining to marriage.
Pendente Lite Support - ANSWERS-
______________________________ is a temporary order of the
Court that provides support until the divorce is finalized. (See also
"Temporary Order.")
Perjury - ANSWERS-____________________ is a the act of lying
while under oath.
,Petition - ANSWERS-A ________________ is a written application
for particular relief from the court. In some jurisdictions complaint
for divorce is entitled "petition for dissolution."
Petitioner - ANSWERS-A _______________ is the person who led
the Petition or Complaint. Also referred to as the Plaintiff.
Plaintiff - ANSWERS-_________________ is the spouse who initiates
the legal divorce process by ling a complaint or petition stating that
the marriage is over and listing the grounds and claims against the
other spouse. _________________ is the same as Petitioner.
Positional Bargaining - ANSWERS-____________________________
starts with the solution. One party proposes a solution and the
other party makes an offer. Counteroffers are made until a
resolution is found that works for both parties.
Precedent - ANSWERS-___________________ are decisions found in
other pre-existing cases which factor into the case at hand.
Schedule B: Interest and Ordinary Dividends - ANSWERS-Schedule
____ identifies the assets and investments generating interest and
dividends.
Schedule C: Profit or Loss from Business - ANSWERS-Schedule ___
may be a place to hide assets or income. For example, depreciation
,expense is not a cash outflow and should sometimes be added back
to net income to determine actual income. The depreciation
schedule may also reveal additional assets in the business.
Schedule D: Capital Gains and Losses - ANSWERS-Schedule _______
is used to report gains and losses from the sale of stocks, bonds,
and real estate.
Schedule E: Supplemental Income and Loss - ANSWERS-Schedule
_____ is used to report income from rental properties, royalties,
partnerships, and S-corporation income. Depreciation would be
something to review.
Form 1065 - ANSWERS-Form _________ is used to report
partnership income.
Form 1120 - ANSWERS-Form __________ is used to report
corporate income
Form 1120S - ANSWERS-Form ___________ is used to report
corporate income for S corporations.
Schedule 1: Additional Income and Adjustments to Income -
ANSWERS-Schedule ____________________ includes additional
income, such as capital gains, unemployment compensation, prize
or award money, and gambling winnings. It also includes
, deductions such as student loan interest, self-employment tax, and
educator expenses.
Schedule 2 Tax - ANSWERS-Schedule _________ details the
alternative minimum tax (ATM) or an excess advance premium tax
credit repayment.
Schedule 3 Nonrefundable Credits - ANSWERS-Schedule _________
is used to claim a nonrefundable credit other than the child tax
credit or the credit for other dependents, such as the foreign tax
credit, education credits, or general business credit.
Schedule 4 Other Taxes - ANSWERS-Schedule ___________ reports
other taxes, such as self-employment tax, household employment
taxes, additional tax on IRAs or other qualified retirement plans and
tax-favored accounts.
Schedule 5: Other Payments and Refundable Credits - ANSWERS-
Schedule _________ is used to claim a refundable credit other than
the earned income credit, American opportunity credit, or
additional child tax credit.
Form 4562 - ANSWERS-Form _________ reports deductions for
depreciation and amortization as well as provides information on
the business/investment use of automobiles and other listed
property.
