Accountıng I (ENG)
Deneme Sınavı Soruları
- 20 soru
- Cevap anahtarı açık: çöz, sonucunu gör
- 1
In accounting cycles, which of the following is done after preparing adjusted trial balance?
- 2
In which of the following financial statement, company reports revenues, expenses and their differences?
- 3
_____ is the financial statement that reports operation results of a business for a specific period of time (month, quarter quarter, or year year).
Which of the following fills the blank above?
- 4
............... is the cost of assets consumed or services used during the revenue earning process. Fill the gap with the suitable word.
- 5
In which of the following requires that companies record revenues when they receive the cash and they record expenses when the cash is paid?
- 6
….. represents the net contribution of the owner in the business.
- 7
Which of the following terms refers to the present obligation of the entity arising from past events, the settlement of which is expected to result in an outflow of the entity’s resources?
- 8
Which of the below is NOT a part of owner's equity statement?
- 9
Which of the following is defined as "the humanly devised rules, procedures and norms to judge one’s action as right or wrong, honest or dishonest and fair or not fair" ?
- 10
Accounting system includes three kinds of basic activities which are .............., ............. and .............. of the financial transactions of an entity to interested users. What are these three basic activities?
- 11
.................. includes identification of economic events to understand how it affects accounting equation and which accounts should be used in recording.
- 12
From the perspective of liquidity, non-current assets’ convertibility into cash must be over how many months?
- 13
Which of the following is defined as one form of trial balance that holds in-term transactions’ totals and balances as well as the end of the period transactions’ totals and balances for final checking of the accounts and preparation of financial statements?
- 14
Which of the following occurs in according to Dr./Cr. Rules for Expenses?
- 15
Which of the following shows the profit and loss of the period in balance sheet?
- 16What is revenue?
- 17
Which of the following are TRUE about balance sheet?
I. It details the change in owner’s equity over an accounting period.
II. It reports the assets, liabilities, and owner’s equity of the business at a specific date.
III. It shows the change in cash position of the company over an accounting period.
IV. It reports the revenues and expenses and resulting net income or loss.
- 18
What are the sources of financing a business?
- 19
Which of the following is the first step of the accounting process?
- 20
............. is an activity or occupation of keeping records of the financial transactions.