Deneme Sınavı Soruları

Which of the following describes the formula to calculate the cost of goods (COGS) sold during the period?

In accordance with the.................. 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.

Which of the following terms should fill the blank?

......................................shows the credit sales price adjusted for returns, discounts, and allowances expected to be collected from customers.

Which of the following should come to the dotted place according to the sentence?

....................................method is a method of approximating the flow of inventory costs in a business that is used to determine the amount of cost of goods sold and ending merchandise inventory.

Which of the following should come to space according to the sentence?

"This is a measure of a company’s ability to pay current liabilities from cash and cash equivalents" What is described above?

In the closing process at first all revenues and expenses are closed to a pool account. Which one of the following is the name of this account?

A business should report the least favorable figures in the financial statements when
two or more possible options are presented according to .......................................
requirements.

Which of the following should come to the space according to the sentence?

_____ exists when sellers allow purchasers to return merchandise that is defective, damaged, or under-performing. 

Which of the following best complete the statement above?

Anadolu Company purchased 60 units of piano from Melody Company on cash. Price of a piano is 12.000 TL. Which of the following is true about the Anadolu company's entry?

Which one of the following is a written agreement or a commitment to pay a particular amount of promised money at a particular period of time?

A system of internal control includes physical controls over access to and use of assets and records. A departure from the purpose of such procedures is that....

What reports the cost of goods, materials and other components of manufacturing process used for the inventory which are still in production process?

Which of the followings provide services to demanding parties without incurring any manufacturing or trading activities?

Which of the followings is correct about accrual basis accounting?

Which of the following refers to any 12-month accounting period?

Current liabilities are the short-term liabilities. What are examples of current liabilities?

Which one of the following is the first step of the accounting cycle?

"Deferred expenses are........."

Which of the following appropriately completes the sentence above?

Which of the following is defined as tansferring the balances of the revenue and expense accounts to Income summary account, and transferring Income Summary account’s balance to Capital account?