Deneme Sınavı Soruları

20 soru
Cevap anahtarı açık: çöz, sonucunu gör

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1
A company has a lawsuit filled against it, claiming an indemnity of 40,000 TL. Probability is that the company will lose the lawsuit however cannot estimate the amount of the indemnity to be be paid.

In this situation, the company should _______.
2
Why would a business select an accelerated method of depreciation for tax purposes?
3
1. Company A purchases a basic furnace for 150,000 TL.
2. Company B makes an expenditure for 25,000 TL for the machine in order to increase the production capacity of the machine.
3. Company C pays 5,000 TL for the annual maintenance of the machine.
4. To shorten the distance between suppliers, Company D decides to move the factory to Organized Industrial Zone and pays 150,000 TL for disassembling and reassembling of the machines and 100.000 TL. for the transportation.
Which company/companies above can include expenditures in the cost of machinery and equipment?
4
Which of the following is not a current liabilities account?
5
What is the term used to refer to the liabilities that arise if the existence of an obligation is dependent on the occurrence of one or more future events?
6
On October 1, 2012, Freedom Communications purchased a new piece of equipment that cost 35.000. The estimated useful life is five years and estimated residual value is 8.000. Assume Freedom Communications purchased the equipment on January 1, 2012. If Freedom uses the double-declining-balance method, what is depreciation for 2013?
7
Which of the following is not a good reason why companies invest?
8
1. Straight-line depreciation method produces a decreasing annual depreciation expense over the asset’s useful life.
2. Double-declining balance depreciation method allocates the depreciable cost of the asset equally to its useful life.
3. “Cost of the asset – Accumulated Depreciation” is called the “Book Value” of the asset.
4. Units-of-production depreciation method depreciates by units rather than by years.
Which of the statements above in terms of depreciation methods are correct?
9
Which of the following gives the right to buy instruments in investing in an option contract?
10
When an expense incurs but is not paid yet, how should it be recorded?
11
Which of the following is not a right?
12
1. They have a value for a specific company
2. Some of them have unlimited life
3. Their values fluctuate highly because their benefits are based on competition.
Which of the features mentioned above is a distinctive qualification of intangible assets?
13
Accounts Payable are typically ________ term as credit terms are usually between ________ days. Which of the following options completes the definition above best?
14
Which of the following is not one of the characteristics of intangible assets?
15
What are the payments to employees on an hourly basis called?
16
Anadolu Co. sells its machine for 150,000 TL. When the machinery was purchased three years ago the capitalized cost of the machinery was 350,000 TL (The machine is estimated to have been used used for 5 years). Anadolu Co. applies straight-line depreciation method and the machinery has an accumulated depreciation of 210,000 TL. How will Anadolu Co. record this sale in the journal?
17
What is the term used to refer to a potential liability because it depends on a future event?
18
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?
19
Which of the following is not an intangible asset?
20
........................ requires the recognition of expenses in the period in which they incur to generate revenues.

Which of the following Generally Accepted Accounting Principles should be replaced in the space left above?

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