AÖF Soru Bankası
MUH214U

Accountıng II (ENG)

Deneme Sınavı Soruları

  • 20 soru
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0 doğru · 0 yanlış · 20 kaldı
  1. 1

    I. Sufficient retained earnings,

    II. Adequate cash,

    III. Declared dividends by the board of directors.

    Which of the premise(s) above is/are among the conditions that required if a corporation wants to pay cash dividends?

  2. 2

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

  3. 3

    Which of the following is the term that used for the bonds that issued in the name of the owner?

  4. 4

    Which of the following characteristics is a disadvantage of corporation?

  5. 5

    Which of the following must be reported in "Cash Flows from Operating Activities" in the cash flow statement?

  6. 6

    Which of the followings represents the amount earned through profitable operations of a corporation and that is kept in the corporation?

  7. 7

    How does the amortization of a discount affect bond interest expense?

  8. 8

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

  9. 9

    Which type of bonds pay no interest unless the issuing company is profitable?

  10. 10

    What are preferred shares and why are they preferred?

  11. 11

    Which of the following is the equation of retained earnings account’s credit balance?

  12. 12

    What is retained earnings on the balance sheet?

  13. 13

    Which of the following must be removed from net income on the statement of cash flows to avoid double counting?

  14. 14
    1. The ordinary repairs are called revenue expenditures (income statement expenditures).
    2. Revenue expenditures are debited to an asset account because they increase the asset’s capacity or efficiency or extend the asset’s useful life.
    3. A capital expenditure (balance sheet expenditure) does not increase the capacity or efficiency of an asset or extend its useful life and is reported on the income statement as an expense in the period incurred.
    4. A capital expenditure is reported on the balance sheet as an asset.

    Which of the statements above in terms of revenue expenditures and capital expenditure are correct?

  15. 15

    What is the term of accounts payable?

  16. 16
    1. An intangible asset is both long term and nonphysical.
    2. They can provide certain legal rights, privileges, and competitive advantages to the business.
    3. Intangible assets also include pre-operating costs

    Which of the statements mentioned above is true for intangible assets?

  17. 17

    Which of the following principle indicates that the revenues of a period must be matched with the expenses of the same period for calculating the profit/loss of the period?

  18. 18

    Which of the following is the process of allocating the cost of an intangible asset to expense over its useful life?

  19. 19

    On June 1,  A company purchased 100 piece machine from B company from 5.000 TL on account. The payment is due on September 1.

    Which of the following is true about the accounting record to be made according to this information?

  20. 20

    Which of the following gives right to buy derivative instruments?

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