AÖF Soru Bankası
MUH214U

Accountıng II (ENG)

2022–2023 Yaz Okulu Çıkmış Soruları

  • 20 soru
  • Soru metinleri açık; şıklar ve cevap anahtarı uygulamada
  1. 1
    Which of the following statements is true for partnerships?
    • APartnerships are separate taxable entities
    • BA partnership has at least three or more owners.
    • CPartnerships are organized as small or medium size entities.
    • DPartners are not personally liable for the partnership's liabilities.
    • EThe owners are called shareholders.
  2. 2
    Sunna's trial balance shows 100,000 TL face value of bonds with a discount balance of 5,000. The bonds mature in 10 years. How will the bonds be presented on the balance sheet?
    • ABonds payable 100,000 will be listed as a long-term liability. A 5,000 discount on bonds payable will be subtracted from bonds payable amount as a contra liability account.
    • BBonds payable 105,000 will be listed as a long-term liability. A 5,000 discount on bonds payable will be subtracted as a contra current liability.
    • CBonds payable 100,000 will be listed as a long-term liability. A 5,000 discount on bonds payable will be listed as a current liability.
    • DBonds payable 105,000 will be listed as a long-term liability. A 5,000 discount on bonds payable will be listed as a contra current liability.
    • EBonds payable 100,000 will be listed as a long-term liability. A 5,000 discount on bonds payable will be listed as a contra current liability.
  3. 3
    Which of the following can be defined as the ability to meet short-term liabilities?
    • APrincipal
    • BInstallment
    • CLiquidity
    • DPremium
    • EInterest
  4. 4
    "The company purchased a factory building on February 18, 2023, cost of 1,000,000 TL. The payment will be made one year later." In which section of Cash Flows Statement of 2023 will this purchase be reported?
    • AProperty Plant and Equipments (PPE) activities section of Cash Flows Statement of 2023.
    • BIt will not be reported in any section of Cash Flows Statement of 2023.
    • CInvesting activities section of Cash Flows Statement of 2023.
    • DFinancing activities section of Cash Flows Statement of 2023.
    • EOperating activities section of Cash Flows Statement of 2023.
  6. 5
    Assume that (B) Inc has 30,000 outstanding preferred shares of 4%, 12 TL par preferred share. And that (B) Inc. has already determined the total dividend of 20,000 TL. What is the common dividend amount?
    • A5,600
    • B10,600
    • C14,400
    • D16,200
    • E20,000
  7. 6
    Which of the following amortization methods is generally used for intangible assets?
    • AUnits of production
    • BStraight-line Il
    • CSum-of-the-years-digits
    • DAcclerated method
    • EDouble-declining-balance
  8. 7
    How is a capital expenditure transaction reported?
    • ADebited to a cash account
    • BCredited to an asset account
    • CCredited to a land account
    • DDebited to an asset account
    • ECredited to cash account
  9. 8
    Which of the following is known as the interest rate written in terms of the bond indenture?
    • ALong term rate
    • BE Periodic interest rate
    • CStated interest rate
    • DDesignated rate
    • EFace value
  11. 9
    Derivatives are recognized in balance sheet with their ----- Profit/Loss from derivatives is reported in —_ Which of the following correctly completes the blanks space in the sentence above?
    • Atransfer values; the income statement
    • Bfair values; the balance sheet
    • Cmargin values; the balance sheet
    • Dcost values; the income statement
    • Efair values; the income statement
  12. 10
    In order to measure the depreciation, which of the followings must be known?
    • AThe cost of the long-lived asset; The estimated sales value of the long-lived asset; The economic useful life of the long-lived asset
    • BThe cost of the long-lived asset; The estimated residual value of the long-lived asset; The estimated useful life of the long-lived asset
    • CThe book value of the long-lived asset; The estimated market value of the long-lived asset; The estimated useful life of the long-lived asset
    • DThe actual cost of the long-lived asset; The actual sales value of the long-lived asset; The estimated usefulness of the long-lived asset
    • EThe estimated cost of the long-lived asset; The estimated market value of the long-lived asset; The estimated economic useful life of the long-lived asset
  13. 11
    Which of the following is not among the objectives of a company's investments in other companies?
    • AReceiving dividends
    • BEarning interest revenue
    • CPartnering with other companies
    • DBuying merchandise inventory
    • EControlling other companies
  14. 12
    A company buys a machine for the cash price of 2,000 TL to continue its operations, and the cost transferring the machine is 200 TL Additionally, the company needs to modify the room for 500 TL, too. Otherwise, the machine won't be able to fit in the room. In the situation above, what is the cost of the machine to the company?
    • A1,500 TL
    • B2,000 TL
    • C2,200 TL
    • D2,500 TL
    • E2,700 TL
  16. 13
    ---- shares are the shares that have already been issued and held by shareholders. Which of the following completes the sentence above?
    • AOutstanding
    • BPar value lar.n
    • CAuthorized aof.soru
    • DPreferred
    • EIssued
  17. 14
    On which date a journal entry is not required in the accounting process of the cash dividends?
    • ADeclaration date
    • BPayment date
    • CDecision date
    • DRecord date
    • EDividend date
  18. 15
    The following data are available for Selby Company: Beginning balance of Accounts Payable 45,000 TL Ending balance of Accounts Payable 75,000 TL Beginning Inventory 100,000 TL Ending Inventory 60,000 TL Cost of Goods Sold 600,000 TL Payment of cash dividends 30,000 TL Cash payments for inventory is ---- TL Wich of the following completes the sentence above?
    • A560,000
    • B530,000
    • C525,000
    • D495,000
    • E70,000
  19. 16
    Which of the following refers to the profit generated from an investment arising from the changes in value?
    • ADividend
    • BPar value
    • CConsolidation
    • DAmortization
    • ECapital gain
  21. 17
    Which of the following refers to monthly payments to employees?
    • ANet pay
    • BGross pay
    • CSalary
    • DWage
    • EPension
  22. 18
    Which of the following refers to the to the allocation of the natural resources' cost to expense in a rational and systematic manner over the resource's useful life?
    • ADepreciation
    • BCapitalization
    • CAmortization
    • DDepletion
    • ETransaction
  23. 19
    Which of the following describes a bonds that mature at a single specified future date?
    • ACallable bonds
    • BSerial bonds
    • CRevenue bonds
    • DCoupon bonds.
    • ETerm bonds
  24. 20
    What is the amount that is earned through profitable operations of corporations and kept in the corporation?
    • ARetained earnings
    • BNet income
    • CPaid-in capital
    • DSales revenue
    • EDividends
Şıkları ve doğru cevapları görAccountıng II (ENG) dersinin tüm sınavları, cevap anahtarları, süreli mod ve yanlış analizi uygulamada.Uygulamada aç