Deneme Sınavı Soruları

What is the purpose of pre-emption?

Which of the following terms is the amount that is received from issuing shares?

I. Proprietorships

II. Partnerships

III. Corporations

For which of the entities above, the cancellation of the entity depends on the death of the owner?

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

Which type of liability is not payable within a year or the operating cycle of the company whichever is longer?

1. Long term debt has various covenants or restrictions for the protection of both lenders and borrowers.
2. The covenants and other terms of the agreement between the borrower and the lender are stated in the bond indenture or note agreement.
3. The management issues related to long-term debt financing are whether to take on long-term debt, how much long-term debt to carry, and what types of long-term debt to incur.
4. Bonds payable, long-term notes payable, mortgages payable, pension liabilities and lease liabilities can be given as the example to long term liabilities.

Which of the statements above related to longterm liabilities are correct?

What does it means of the Paid-in capital?

What is the amount  that is earned through profitable operations of corporations and kept in the corporation?

1. When selling price of a bond is equal to its face value that means it is sold at face value (at par).
2. When selling price of a bond is different from its face value that means it is sold either at premium or discount.
3. Bonds issued at face value (at par value) means stated interest rate is equal to market interest rate and no premium and discount exists.
4. Bonds issued at premium means, market interest rate is less than the stated interest rate of the bond issued.

Which of the statements above related to bond issues are correct?

Which of the following is the term used for describing a legal entity which is organized under state law and owned by shareholders?

I. Sole Proprietorship 

II. Partnership

III. Corporation

Which of the above is/are ends with death or choice of it's owner(s)?

What represents the relationships between financial statement items to make it possible to assess the financial position and performance of companies?

"............ represent the existing obligations whose fulfillment are expected to result in outflow of economic benefits in the following fiscal year"

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

Which of the following is not included in intangible assets?

What is the generally accepted minimum percentage for an investor to have the right and power to participate in policy determination process?

Which of the following does not increase the capacity or efficiency of an asset or extend its useful life and are reported on the income statement as an expense in the period incurred?

There is a lawsuit filed against a company for damages claiming an indemnity of 200,000 TL. The company will probably  lose the lawsuit, however the amount of indemnity cannot be estimated reliably.

How will the company report this on its balance sheet? 

Which of the following is the type of account that represents taxes withheld from employees' gross pay?