Deneme Sınavı Soruları

Which of the following information about direct method is FALSE?

A proprietorship possesses which of the following characteristics? 

Which of the following does not take place in the shareholders’ rights in corporations?

Assume that (A) Inc has 40,000TL outstanding preferred shares of 8%, 20 TL par preferred share. Also, assume that (A) Inc. has already determined the total dividend of 100,000 TL. In this case, what is the common share dividend?

A share split will ......

Which of the following is the term used for the preferred share that can also receive all dividends in arrears while receiving a new preferred dividend?

Which is not one of the reasons for a corporation to repurchase its own shares?

Which of the following shares represents the ownership of a corporation ?

I. to avoid a takeover and be cautious about outsiders.

II. to reissue the shares to employees and reward them.

III. to resell its own shares with a higher price. 

Which of the above are among the possible reasons for a corporation to repurchase its own shares?

I. A corporation closes its revenue accounts and expense accounts.

II. To close all the revenue accounts, they should be debited while Income Summary account is credited with the total amount of the revenues.

III. Contrarily, to close all the expense accounts they should be credited while the Income Summary account is debited with the total amount of the expenses.  

IV. In the end, the financial result of the corporation (net income or net loss) for a specific accounting period could be seen on the balance of the Income Summary account.

Which of the premise(s) about the closing process occurs at the end of the accounting period above is/are correct?

I. Influential but noncontrolling 

II. Trading

III. Controlling

IV. Available For Sale

Which of the above-numbered statements or which are short-term investment?

On 7 February, 2019 Anadolu Co. paid 150,000 TL including brokerage commissions, taxes and other fees and bought 20% of AOF Corporation. On December 31, AOF Corp. has reported 250,000 TL net income for 2019. 

Which of the following is the required entry in balance sheet of Anadolu Co. on December 31?

1. Intangible assets are usually reported in the balance sheet in a separate section following Property, Plant and Equipment assets.
2. The balance of each class of intangible assets should be disclosed on the balance sheet at their book value.
3. Accumulated Depreciation used for plant assets.

Which of the statements above is true for the reporting for intangible assets and natural resources?

Trade Co. purchases a ceramic furnace for 100,000 TL. As for the transportation charge it pays 5,000 TL, for the insurance 1,000 TL and 8,500 TL for the customs fee. It also pays 7,500 TL for assembling the machinery. Which of the following is the cost of the machinery?

"notes and bonds that pay interest and have a fixed maturity date" which type of security is this?

Which of the following is defined as government grants given to the holder for invention in all fields of technology providing that the invention is new, involves an inventive step and is applicable to industry?

Provisions for employee benefits (severance allowance), provisions for warranties, and restructuring provisions are examples for _______.