Deneme Sınavı Soruları

How many types of frauds are there?

In which method does the company know exactly which item was sold and exactly what the item cost? 

I- Sell the inventory

II- Purchase inventory

III- Collect cash from customers

Which of the above are included in the operating cycle of a merchandising company?

I. When the companies purchase merchandise inventory to resell, it is an expenditure.

II. All expenditures that the companies incur until the goods become ready to be sold are included in the cost of merchandise inventory.

III. When the goods are sold, the cost in balance sheet is transferred to income statement as an expense.

Which of the statements above about cost flow for merchandising companies is/are correct?

Which of the foolowing is one of three parties while drawing a check that all these formal procedures represent the reliability of checks?

...................can be classified with respect to the nature of the transaction or with respect to their maturity structures.

what should come to the dotted place according to the sentence?

When an organization has strong internal control, management can expect various benefits.

The benefit least likely to occur is.....

1. Businesses can keep their important amount of cash in a bank instead of keeping on hand.
2. It is a way of protecting cash from possible thefts.
3. It requires approval from both the business and the bank

Which of the statements above is true for using bank accounts as a control device?

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

Which of the following is not included in the internal control components?

Which of the following is an income statement account that shows the losses incurred due to uncollectible receivables?

Monitoring is an important component of internal control. Which of the following items would not be an example of monitoring?

Which of the following is the ending step in the accounting cycle?

Which of the following includes the assets acquired to be used in business ‘s operations for more than 12 months and receivables of which due dates are more than 12 months.

1. Bookkeeping
2. Classifying
3. Measuring
4. Communicating

Which of the activities above can be classified under the recording activity in an accounting process?

Which of the following  is the financial statement that reports operation results of a business for a specific period of time?

Which of the following is described 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."?

I. Accounts Payable

II. Owner, Withdrawals

III. Unearned Revenue

IV. Owner,Capital

V. Prepaid Expenses

Which of the above-numbered expressions is a owner's equity account?

.......... is a systematic way of keeping chronological diary of events measured in monetary unit.