Deneme Sınavı Soruları

Cash (net) realizable value

Bad debt expense

Aging of accounts receivable

Percentage of receivable basis

Percentage of sales basis

delivers good or services on cash

reduces the catalogue price

delivers good or services on credit

receives goods returned by the customers

has losses incurred due to uncollectible receivables

Asset

Liability

Revenue

Expense

Contra account

IASB

IFAC

COSO

IIA

KGK

Hiring competent, reliable, and ethical personnel 

Separation of duties 

Monitoring and audits 

Documentation 

Information Technology

Money order

Check

Coin

Currency

Bank account

Aging of accounts receivable

Percentage of receivable basis

Direct write-off method

Percentage of sales approach

Percentage of sales basis

Periodic inventory system

Perpetual inventory system

Real inventory system

Random inventory system

Gross inventory system

Anticipate no gains, but provide for all probable losses.

If in doubt, record an asset the lowest reasonable amount.

When in doubt, record reliability at the lowest reasonable amount. 

When there is a question, record an expense rather than an asset.

When you are faced with a decision between two possible options, you must choose the option that undervalues.

Promissory note

Maker

Payee

Notes payable

Notes receivable

Gross profit

Net profit

Operating profit

Operating loss

Net loss

Control activities

Control environment

Information and communication

Risk assessment

Monitoring activities

Only I

Only III

I and III

I and II

I, II and III

Profit Distribution Table

Journal

Income statement

Balance sheet

Adjusted Trial Balance

Accounts Payable

Notes Payable

Accrued Liabilities

Unearned Revenue

Earned Revenue

Income Statement is a financial document prapered  only quarter.

It can cover any period of time for which you want information, from a particular week to a span of multiple mounts.

Income Statement is a financial document prapered  only quarter.

Income Statement is a financial document that can cover any period of time for which you want information, from a particular week to a span of multiple years.

Income Statement is a financial document generated only monthly.

Salary

Advertising

Sales 

Insurance

Income Tax

Identifying the financial transactions

Recording the business transactions

Bookkeeping

Classifying transactions

Preparing financial reports

Income statement, balance sheet

Statement of owners equity, balance sheet

Balance sheet, income statement

Income statement, Statement of owners equity

Balance sheet, Statement of owners equity

Under the expense recognition principles of accrual accounting, expenses are recorded in the period in which they were incurred and has been  paid.

Deferred expenses ( paid expenses) has done  payments of past expenses.

A deferred expense is as an asset   has already recorded as an expense fort he past accounting period.

The term "deferred expense" is used to describe a payment that has been made, and has been reported as an expense in the past accounting period.

A deferred expense is a cost that has already been incurred, but which has not yet been consumed. The cost is recorded as an asset until such time as the underlying goods or services are consumed; at that point, the cost is charged to expense.