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MUH214U

Accountıng II (ENG)

Deneme Sınavı Soruları

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0 doğru · 0 yanlış · 20 kaldı
  1. 1

    I. Sufficient retained earnings

    II. Adequate cash

    III. Debit balance 

    IV. Declared dividends by the board of directors

    If a corporation wants to pay cash dividends, which of the things above are required? 

  2. 2

    Which part of the cash flow statement takes form according to increase or decrease long term assets?

  3. 3

    What can treasury shares be used for?

  4. 4

    "............... consist of an expected outflow of resources arising from present obligations that are not payable within a year or the operating cycle of the company whichever is longer."

    Which of the following best describes the space left blank in the above sentence?

  5. 5

    Which of the following is a financial report that represents the details about the changes in shareholders’ equity for a period of time?

  6. 6
    1. Each bondholder receives a bond certificate showing the name of the company that borrowed the money, exactly like a note payable.
    2. The certificate specifies the face value, which is the amount of the bond issue.
    3. The bond’s face value is also called maturity value, principal, or par value.
    4. A bond arises from a contract known as a bond indenture and represents a promise to pay a sum of money at a designated maturity rate and periodic interest at a specified rate on the maturity amount (face value).

    Which of the statements above related to bonds are correct?

  7. 7

    Which of the following cash outflows is related to financing activities?

  8. 8

    Which of the following must be debited to record the declaration of a small share dividend with its market value?

  9. 9

    After the decision of paying dividends, three dates are important for a corporation. Which is the order in which the dates related to cash dividends occur?

  10. 10

    I. Retained Earnings represents the distributions from the earnings to the shareholders,

    II. Retained Earnings represents the amount earned through profitable operations of a corporation and that is kept in the corporation,

    III. Retained earnings account’s credit balance indicates that the corporation’s lifetime earnings exceed lifetime losses and dividends.

    Which of the premises above is/are correct?

  11. 11

    Which of the following is internally generated equity in a corporation?

  12. 12

    In charter, also the maximum number shares that the corporation may issue is determined. This total amount which is allowed by charter is named as ..................

  13. 13

    Which item  is an example of a cash flows from a financing activity?

  14. 14
    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?
  15. 15

    XYZ Co. purchases a minivan to use in marketing department for 300,000 TL. They also pays 50,000 TL for renovation. Which of the following is the cost of this minivan?

  16. 16

    A company receives an advanced payment from a customer, but the company has not delivered the service yet for which the payment is received. In this situation, how sill the company record this? 

  17. 17

    Which of the following occurs when a company records accrued interest on a note payable? 

  18. 18
    Which of the following is not regarded as a current liability?
  19. 19

    Which of the following is equal to the capitalized cost minus estimated residual value?

  20. 20

    Which of the following is NOT considered a Non-current assets? 


     

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