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MUH214U

Accountıng II (ENG)

Deneme Sınavı Soruları

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

    Face amount minus any unamortized discount or plus any unamortized premium calculation means which of the following?

  2. 2

    A partnership possesses which of the following characteristics? 

  3. 3

    Which of the following is the most common type of long term debt?

  4. 4

    Which of the following is not true about proprietorships?

  5. 5
    1. With respect to whether they are backed by a pledge of some collateral or not, bonds are classified as secured and unsecured bonds.
    2. A secured bond is a bond for which a company has pledged specific property to ensure its payment.
    3. Secured bonds are backed by a pledge of some collaterals, unsecured bonds are not.
    4. Unsecured bonds offer high interest rate, they are not backed by a collateral and very risky
    5. Unsecured bonds are also called debenture bonds.

    Which of the statements above related to secured and unsecured bonds are correct?

  6. 6

    Which one is not one of the Shareholders’ Rights in Corporations?

  7. 7

    Cash flows can be defined as.....

  8. 8

    Which of the following advantages of corporation is not true?

  9. 9

    MR. Brown has owned and operated a bicycle sales and repair shop for many years. Which of the following business types would provide the owner's personal assets with protection from product liability exposure?  

  10. 10

    Which of the following is a corporation’s own share that has been repurchased and is being held for future use?

  11. 11
    I. Capital II. Borrowing III. Assets Which of the factors above is/are considered as the source of cash?
  12. 12

    What are the owner/owners of the limited liability partnership called?

  13. 13

    Which of the following represents the amount of the owner’s equity on the corporation’s
    books for each common share?

  14. 14

    Which of the following is incorrect information about current liabilities?

  15. 15
    1. Rights consist of patents, licenses, trademarks, franchises and copyrights
    2. Intangible assets have a definite life.
    3. The initial cost of a purchased intangible asset includes only the purchase price.

    Which of the item/s mentioned above is true for intangible assets?

  16. 16

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

  17. 17

    Which of the following assets is not subject to a decreasing book value through depreciation, depletion, or amortization?

  18. 18

    Which of the following starts the operating cycle of a merchandising company?

  19. 19
    What are the payments to employees on an hourly basis called?
  20. 20

    Which of the following is granted by a governmental body permits a company to use public property in performing its services?

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