AÖF Soru Bankası
MUH214U

Accountıng II (ENG)

Deneme Sınavı Soruları

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  1. 1
    1. Bond issues that mature on a single date are called term bonds
    2. Bond issues that mature in installments are called serial bonds.
    3. Bonds issued in the name of the owner are called registered bonds
    4. Bonds not issued in the name of the owner are called bearer (coupon) bonds.
    5. Bonds which pay interest from the profit of issuing company are called income bonds.
    6. Bonds which pay interest from specified revenue sources are called revenue bonds.

    Which of the statements above related to the various types of bonds are correct?

  2. 2

    Which of the followings is a distribution of some portion of earnings to the shareholders by a corporation?

  3. 3

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

  4. 4

    I. Sole proprietorship
    II. Partnership
    III. Corporation

    Which of the above is/are the common types of entities?

  5. 5

    Which account must be debited when recording interest payment?

  6. 6

    What is the selling price of a $100,000 bond, due in 5 years with 7% interest payable annually at year-end if at the time of issue market rate for such bonds is 10 percent? 

  7. 7

    Which method starts with net income and reconciles to net cash provided by operating activities on cash flows statement?

  8. 8

    What is the amount that is received from issuing shares called?  

  9. 9

    Which of the following statements define the term “Preemption “related to
 the general rights of shareholders in a corporation?

  10. 10

    What are the bond issues that mature in installments called?

  11. 11

    Which of the following is a cash flow from financing activities? 

  12. 12

    Which of the following is the amount of bond interest expense minus bond interest paid?

  13. 13
    1. Different face amount
    2. Interest rates
    3. Interest payment dates
    4. Maturity dates

    Bonds can be classified into different categories depending on which of the above?

  14. 14

    On December 12, Anadolu Co. has purchased 5,000 shares of AOF Corp. by paying 2.00 TL for each share. Additionally, the company paid 350 TL for brokerage fees, taxes and other fees. 

    When the shares are purchased on December 12, how will Anadolu Co. prepare the record?

  15. 15

    A company makes an expenditure for a building it owns, and this extends the useful life of the building. How will this company record this expenditure in the journal?

  16. 16

    When an expense incurs but is not paid yet, how should it be recorded?

  17. 17

    I. Liabilities occur because of a past transaction or event.

    II. Liabilities create a present obligation for future payment of cash or services.

    III. Liabilities are are avoidable obligations.

    Which of the followings are among the basic characteristics of liabilities?

  18. 18

    Which of the following items should be amortized?

     

  19. 19
    1. Discard (retire) the long-lived asset
    2. Sell the long-lived asset for cash
    3. Exchange the long-lived asset for another long-lived asset

    Which of the forms stated above can be used for the disposal of property, plant and equipment assets?

  20. 20
    1. Purchase price
    2. Brokerage commission
    3. Survey and legal fees
    4. Property taxes in arrears
    5. Taxes assessed to transfer the ownership on the land
    6. Cost of clearing the land and removing unwanted buildings

    Which of the items above does the cost of the land include?

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