Deneme Sınavı Soruları

Who owns corporations?

Which of the following is a disadvantage of corporations?

Which of the following statements is not true regarding retained earnings?

I. Retained earnings represents the amount of the assets that are generated through profitable
operations of corporations

II. They are not distributed to the shareholders in the form of dividend.

II. They are internally generated equity because it results from corporate decisions to retain net income to be used in future operations or for expansion.

Which of the premises about retained earnings above are correct?

Which of the following situations is the result of amortization of a discount?

1. Bond is a form of interest-bearing notes payable issued by corporations and governmental agencies.
2. Like a note, a bond requires a promise to pay a sum of money at a designated maturity date, plus periodic interest at a specified rate on the maturity amount (face value).
3. Bonds payable are the most common type of long term debts issued to multiple lenders called bondholders.
4. The main purpose of issuing bonds is to borrow for the long term when the amount of capital needed is too large for one lender to supply.
5. By issuing bonds, a company can divide a large amount of long-term indebtedness into many small investing units, thus enabling more than one lender to participate in the loan.
6. Each investor can buy a specified amount of the company’s bonds.

Which of the statements above related to bonds are correct?

Which of the following  is a form of interest-bearing notes payable issued by corporations and governmental agencies?

What does it mean when a bond is issued at a premium? 

Which of the following is not a component of comprehensive income?

What is the characteristics of treasury shares?

Which of the following about long term notes is false?

Which of the following is not a long term liability item?

1. By paying more or less at the issuance, investors earn a rate different than the stated rate on the bond.
2. The issuing company pays the stated interest rate over the term of the bonds but also must pay the face value at maturity.
3. If the bond is issued at a discount, the amount paid at maturity is more than the selling price.
4. If issued at premium, the company pays less at maturity relative to the selling price.
5. The company records this adjustment to the cost as bond interest expense over the life of the bonds through a process called amortization.
6. Amortization of a discount increases bond interest expense.
7. Amortization of a premium decreases bond interest expense.

Which of the statements above related to amortization of bond discounts and premiums are correct?

Victor paid 3.500.000 TL to Smart in order to purchase the right of usage of Smart trademark for 5 years. According to this information, what is the first year amortization expense of the intangible asset? 

A company spends some money on the painting of  the interior of its building. In this situation, how will the company record its expenditure in its journal?

In the first year of the coal mine, a company digs out 20000 tons of coal.

Cost of mine: 40000 TL

Estimated total units of resource: 80000

Tons mined during the year: 20000

Residual Value: 0 TL

What is the depletion expense of the first year?

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

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

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

Which of the following is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date?