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MUH214U

Accountıng II (ENG)

Deneme Sınavı Soruları

  • 20 soru
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0 doğru · 0 yanlış · 20 kaldı
  1. 1

    .....................is an indicator of reliability level for a company in terms of either survival or credibility. 

    Which of the following should be brought to the space left above?

  2. 2
    Which of the following is not true about intangible assets?
  3. 3

    Which of the following is referred as the process of allocating the cost of an intangible asset to expense over its useful life?

  4. 4

    Which of the following statements, regarding the reporting of intangible assets, is correct?

     

  5. 5
    Which of the following instruments is an example for an equity security?
  6. 6
    They are long-lived assets They are reported under current assets section of balance sheet. Their values fluctuate highly because their benefits are based on competition. Which of the statements above is true for intangible assets?
  7. 7

    ....................... is the deduction of the estimated residual value from tangible fixed cost. 

    Which of the following should be brought to the space left above?

  8. 8

    Known liabilities of estimated amounts are...........

  9. 9

    How is the security classified when a company purchases a debt security with the aim of reselling for a higher price?

  10. 10

    What is the term that  refers to a company’s good reputation and intangible assets of a business that is created from favorable attributes that relate to a company and are not attributable to any other specific asset?

  11. 11

    Which of the following instruments is a debt security?

  12. 12

    I. Treasury bonds

    II. Common stocks

    III. Corporate bonds

    V. Preferred stocks

    Which of the above numbered statements is the debt securities?

  13. 13

    Which of the following is not a capital expenditure

  14. 14

    Anadolu Co. paid 2,000,000 TL for a 10-year franchise that will expire on December 31, 2029. Make the journal entries for the purchasing of the franchise and the adjusting entry for the first year.

  15. 15

    Which of the following is a liability created when a company receives cash for services to be provided in the future?

  16. 16

    Which type of securities held with the intent of selling them sometime in the future?

  17. 17

    Which of the following is privilege granted by a business or a government to sell product or service under specified conditions.

  18. 18

    Which is the amount that the seller receives from customers in order to pay to government at year-end_

  19. 19
    1. The ordinary repairs are called revenue expenditures (income statement expenditures).
    2. Revenue expenditures are debited to an asset account because they increase the asset’s capacity or efficiency or extend the asset’s useful life.
    3. A capital expenditure (balance sheet expenditure) does not increase the capacity or efficiency of an asset or extend its useful life and is reported on the income statement as an expense in the period incurred.
    4. A capital expenditure is reported on the balance sheet as an asset.

    Which of the statements above in terms of revenue expenditures and capital expenditure are correct?

  20. 20
    1. Driveways
    2. Parking lots
    3. Fences
    4. Landscaping
    5. Underground sprinklers
    6. The cost of clearing the land and removing unwanted buildings

    Which of the above are not included in the cost of the land?

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