Deneme Sınavı Soruları

The beginning inventory of a company using periodic inventory system is 300.000 lira. Total purchases cost 150.000 lira and the company has an ending inventory amount of 100.000. Which of the following is the amount of cost of goods sold for this company?

Which of the following is an accounting term associated with the amounts that are owed to the business by other parties, mainly its customers?

Which of the following is an intentional misrepresentation of facts which is made made for purpose of persuading another party to act in a way that causes injury or damage to that party?

beginning inventory + purchases - ending inventory = ?

What is the formula above?

A company must determine the cost of purchases. So, measuring the cost of purchases is the first step in recording the inventories. Which of the following will not be included in the cost?

There are plenty of advantages of _________; however, online banking may pose new types of risks about it.

..........................is the percentage relationship between the amount of credit sales and estimated losses from uncollectible accounts.

Which of the following should be the dotted line?

Which of the followings is type of businesses in which raw materials are converted to finished goods and then sold to customers?

Which principle holds that companies should use the same accounting methods and procedures in each accounting period, so that the information provided will help investors and creditors to compare a company’s financial statements from one period to the next?

How many types of frauds are there?

On which of the following issues internal control does not provide reasonable assurance?

I. Units purchased and cost amounts

II. Units sold and sales and cost amounts

III. The quantity of merchandise inventory on hand and its cost.

Perpetual Inventory System achieves better control over the inventory by recording which of the information above?

Which one of the following  shows the credit sales price adjusted for returns, discounts, and allowances expected to be collected from customers?

Traditionally, the two effects of an accounting entry are known as . Accounting system is based on the principal that for every Debit entry, there will always be an equal Credit entry. This is known as the Duality Principal. According to the Double Entry system, which of the following is true?

Which one of following describes an advance from a costumer?

"The monetary unit assumption requires .........."

Which of the following appropriately completes the statement above?

You see the closing entry of Company A. If the service revenue is 9,500,49, which of the following figures should go in the Income Statement Debit Column?

Which of the given is realized during the communication of the summarized information?

Which is NOT TRUE about journal?