2018–2019 Yaz Okulu Çıkmış Soruları

Which of the following is not included in intangible assets? A) Licences B) Copyrights C) Trademarks D) Patents E) Plant

Which of the following cannot be a qualification of a fixed asset? A) Fixed assets are acquired in order to be sold within a year B) They have a useful life span C) They have physical substances D) Some of the fixed assets are subjected to depreciation E) The company acquires fixed assets to use for more than a year

Which of the following activities cannot be classified as cash payments for business activities? A) Payments of income tax B) Payments to employees C) Payment of dividends D) Purchase of short term investments E) Payments to suppliers

Which of the following is not a component of the comprehensive income? A) Gains (losses) from post-retirement benefit plans B) Deferred gains (losses) derivatives. C) Unrealized gains and losses D) Foreign-currency translation adjustments E) Share split

Which of the following is true? A) Investor is obliged to exercise the option when the maturity comes. B) An option contract includes a predetermined buying/selling price to exercise at a predetermined date. C) An option contract requires the investor to buy/sell common stocks at market value. D) While put option gives right to buy instruments, a call option provides the selling right E) The biggest disadvantage of an option is that if the price moves in the opposite direction investor makes loss.

What is the name of the account representing the total amount received from shareholders above stated value while issuing shares? A) Paid-in Capital in Excess of Stated B) Shared Capital C) Paid-in capital D) Common share E) Discount on Capital Share

Which of the following describes a "term bond"? A) A bond that gives the bondholder a claim for specific assets to ensure its payment B) A bond that repays principal in installments C) A bond that is not backed by specific assets D) A bond that matures on a single date E) A bond that matures over several dates

When a debt security is issued, if the price paid for the security exceeds the face value, security is told to be sold at -_---. Which of the following completes the sentence above? A) par B) a premium C) a discount D) a residual value E) profit

What is the amount that is earned through profitable operations of corporations and kept in the corporation? A) Net income B) Sales revenue C) Retained earnings D) Dividends E) Paid-in capital

Which of the following statements is wrong? A) Proprietor is the owner of a sole proprietorship. B) A corporation is an entity organized under state law and owned by shareholders. C) Partnership is an entity owned by two or more owners. D) Corporation is an entity owned by a single owner. E) Partners are the owners of a partnership

On January 1, 2018, Sas Corp. issues 200,000 TL, 5-year, 1% bonds at face value. The entry to record the issuance of the bonds would include a Wich of the following completes the sentence above? A) credit to Bond Interest Expense of 14,000 TL B) credit to Long Term Bonds Payable for 200,000 TL C) debit to Cash for 14,000 TL D) debit to Long Term Bonds Payable for 200,000 TL E) credit to Owner's equity for 200,000 TL

I. Straight-line depreciation method produces a decreasing annual depreciation expense over the asset's useful life. Double- declining balance depreciation method allocates the depreciable cost of the asset equally to its useful life. Ill. "Cost of the asset - Accumulated Depreciation" is called the "Book Value" of the asset. IV. Units- of-production depreciation method depreciates by units rather than by years. Which of the statements above in terms of depreciation methods are correct? A) land Il B) land IV C) III and IV D) 1, Ill and IV E) I, Il, Ill and IV

What is the distribution of some portion of earnings as cash to the shareholders by a Corporation called? A) Cash dividend B) Share split C) Investment D) Deficit e) Retained earnings

After being operated for 3 years, the company moves to a new location. How will the company record the transportation expenditures for the machinery and equipment? A) Decreases the accumulated depreciation of the machinery and equipment B) Adds to the accumulated depreciation of the machinery and equipment C) Decreases the cost of the machinery and equipment D) Adds to the cost of the machinery and equipment E) Records as a period expense

Which of the following transactions is an example for intangible assets? A) Short term investments B) Acquired land C) Purchased building D) Pre-operating costs E) Land improvements

Which part of the cash flow statement is the most important? A) Operating Activities B) Investing Activities C) Managerial Activities D) Financing Activities E) Accounting Activities

In which accounting item and accounting group is the change in fair value for available for sale securities recognized? A) Profit / Loss from Equity Instruments - Income Statement B) Revaluation on Equity Instruments - Equity C) Unrealized Holding Gains and Losses - Equity D) Revaluation on Equity Instruments - Income of. Statement E) Unrealized Holding Gains and Losses - Income Statement

Which of the following is not regarded as a current liability? A) current portions of long-term bank loans B) short-term bank loans C) accruals f. D) bank credits with 5 years maturity E) notes payable

I. VAT is a part of revenue for companies. Il. When a good is purchased, VAT is separately recorded as VAT paid. IlI. If the received amount of VAT by companies exceeds the paid amount, VAT Payable is recorded at the end of year. Which of the above represented statements about Value Added Tax (VAT) is/are true? A) Only I| B) Only III C) I and li D) I and Il E) I| and I|l

Which of the following is called for bond issues that mature in installments? A) Secured bond B) Serial bond C) Term bond D) Coupon bond E) Callable bond