Accountıng Iı Final 3. Deneme Sınavı

Toplam 20 Soru
PAYLAŞ:

1.Soru

What is a distribution of some portion of earnings to the shareholders by a corporation?


Retained earning

Net income

Deficit

Dividend

Debit 


2.Soru

Which of the following is true about corporations?


Shareholders are personally responsible for the corporation’s liabilities. 

Shareholders’ possible loss goes beyond their capital investment. 

Creditors can make claims on shareholders’ personal assets. 

Shareholders can transfer corporation’s shares to another one.

The cancellation of the corporation depends on the death of any shareholder.


3.Soru

Which of the following is a distribution of a corporation’s own shares to the shareholders as dividends?


Book value

Cash dividend

Share dividend

Cumulative preferred share

Preferred dividend


4.Soru

Which reporting method shows each major class of gross cash receipts and gross cash payments?


Direct method

Indirect method

Remote method

Backstair method

Oblique method


5.Soru

Which of the following statements define the term “Liquidation” related to
the general rights of shareholders in a corporation?


When declared, shareholders receive a proportionate of some dividend. 


When a corporation goes out, shareholders may receive their proportion- ate share of any asset that still remains. 


Shareholders have the right to maintain their proportionate ownership in corporations. 


Coequal shareholders legally own the corporation. 


Shareholders have the right to access information related to the corporation.


6.Soru

On January 2, 2019 Anadolu Co. issued bonds for 100,000 TL due in 5 years with 8 percent interest payable semiannually. At the time of issue market rate for such bonds is 6 percent. The principal amount borrowed will be paid back once at maturity. Calculate the present value (selling price) of the bonds. 


104,890 TL

108,530 TL

115,563 TL

117,472 TL

120,563 TL


7.Soru

I. Proprietorships

II. Partnerships

III. Corporations

Which of the entities above require(s) the responsibilities of their owners for the entities's liabilities?


I

II

III

I and II

II and III


8.Soru

Which reporting method starts with net income and reconciles to net cash provided by operating activities?


Direct method

Indirect method

Frontal method

Straight Method

Incisive method


9.Soru

Which of the following is an indicator of reliability level for a company in terms of either survival or credibility?


Liability

Liquidity

Probability of occurance

Accrual

Provision


10.Soru

Which of the following must be debited to record the declaration of a small share dividend with its market value?


Cash Dividends

Common Share Dividend Distributable

Retained Earnings

Paid-in Capital in Excess of Par

Dividends payable


11.Soru

The term ________ is defined as the present obligations with uncertain amounts to settle.

Which of the following completes the sentence above?


unearned revenue

estimated liabilities

accrued expense

bank loans

accounts receivable


12.Soru

What represents the amount of the owner’s equity on the corporation’s books for each common share?


Book value per share

Earnings per share

Return on equity

Common shares outstanding

Return on investment


13.Soru

Assume that (A) Inc has 50,000 outstanding preferred shares of 10%, 30 TL par preferred share. Given this, please calculate the  preferred dividend.


120,000

130,000

140,000

150,000

160,000


14.Soru

Which of the following is a disadvantage of a corporation?


Corporations are separate legal entities.

Shareholders have limited liability in corporations.

Corporations have continuous lives.

Corporations may be subject to double taxation.

Raising more capital can be easy in corporations in comparison to other types of entities.


15.Soru

What is an entity owned by two or more owners?


Corporation

Proprietor

Partnership


Proprietorship

Ownership


16.Soru

Which of the following is the term that used for the bonds that issued in the name of the owner?


Registered bonds

Bearer bonds

Coupon bonds

Income bonds

Revenue bonds


17.Soru

What is an entity owned by a single owner?


Corporation

Proprietor

Partnership


Proprietorship

Ownership


18.Soru

I.Trading securities II.Held-to-maturity securities III. Available-for-sale securities Which of the followings is/are equity securities? 


I

II

I and II

I and III

II and III


19.Soru

Which of the following is a measure of a corporation’s profitability that presents how much profit it generates with each item (TL) of shareholders’ equity?


Paid-in Capital

Comprehensive Income

Book Value Per Share

Earnings Per Share

Return on Equity


20.Soru

Which of the following is the amount of bond interest expense minus bond interest paid?


Face Amount

Stated Interest Rate

Amortization Amount

Carrying Value

Effective Interest