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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
    Which of the following is not true about partnerships?
  2. 2

    ".............. liabilities consist of an expected outflow of resources arising from present obligations that are not payable within a year or the operating cycle of the company whichever is longer."

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

  3. 3

    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? 

  4. 4

    I. Acquiring a building by issuing common share

    II. Acquiring a land by issuing notes payable

    III. Retiring notes payable by issuing common share

    Which of the activities above is/are the example(s) for non-cash investing and financing activities?

  5. 5

    In charter, also the maximum number shares that the corporation may issue is determined. This total amount which is allowed by charter is named as ..................

  6. 6
    What is a share dividend?
  7. 7

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

  8. 8

    Which of the following is a contract or loan agreement under which the bonds are issued?

  9. 9

    Which of the following indicates to the shareholders’ right to receive their proportionate share of any asset that still remains when a corporation goes out? 

  10. 10

    What is the measure of a corporation’s profita-bility that presents how much profit it generates with each item (TL) of shareholders’ equity called?

  11. 11

    Which of the following does not take place in the advantages of a corporation?

  12. 12

    Which of the following is not true about proprietorships?

  13. 13
    1. Each bondholder receives a bond certificate showing the name of the company that borrowed the money, exactly like a note payable.
    2. The certificate specifies the face value, which is the amount of the bond issue.
    3. The bond’s face value is also called maturity value, principal, or par value.
    4. A bond arises from a contract known as a bond indenture and represents a promise to pay a sum of money at a designated maturity rate and periodic interest at a specified rate on the maturity amount (face value).

    Which of the statements above related to bonds are correct?

  14. 14

    Which of the following is included in the entry to record warranty expense? 

  15. 15
    When a bond with 200,000 TL face value is sold for 200,000 TL, the bond is told to be sold at ______. Which of the following completes the sentence above?
  16. 16

    Which of the following intangible asset has an unlimited life?

  17. 17

    Which of the following gives the right to buy instruments in investing in an option contract? 

  18. 18

    Which of the following would be expensed rather than capitalized? 

  19. 19

    When a company develops its own intangible assets, how will it record it in the journal?

  20. 20

    What is the value of securities reported in the financial statements?

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