Accountıng II (ENG)
Ünite Sınavı Soruları
- 20 soru
- Soru metinleri açık; şıklar ve cevap anahtarı uygulamada
- 1
What determines the existence of a liability?
- 2
What represents the relationships between financial statement items to make it possible to assess the financial position and performance of companies?
- 3
The definition of "payments to employees on an hourly basis" refers to which of the following?
- 4
Which of the following starts the operating cycle of a merchandising company?
- 5
On 31 April 2017, A company purchased equipment for 200.000 TL. The company issued a note for the amount. The note has 8 months maturity and 10% interest rate, and total interest and principal amount is due on maturity.
Which of the following is true about the first journal entry to be made according to this information?
- 6What is the amount that the seller receives from customers in order to pay to government at year-end?
- 7
What is the liabilities arise from purchasing goods or services for use in a company’s operations.
- 8
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?
- 9
Which of the following is incorrect information about current liabilities?
- 10Accounts Payable are typically ________ term as credit terms are usually between ________ days. Which of the following options completes the definition above best?
- 11
When an expense incurs but is not paid yet, how it should be recorded?
- 12
The journal entry in the figure was made for which transaction?
- 13
Known liabilities of estimated amounts are...........
- 14
"........ can be defined as liabilities for unpaid expenses"
Which of the following best describes the space left blank in the above sentence?
- 15
Which of the following is the type of account that represents taxes withheld from employees' gross pay?
- 16
In cases of purchases on credit or borrowings, companies may issue promissory notes as an arrangement to formalize the repayment of a certain amount of cash at a certain date to a third party. If it is expected to be paid in the following fiscal year, how are these promissory notes recorded?
- 17
The term ________ is defined as the present obligations with uncertain amounts to settle.
Which of the following completes the sentence above?
- 18
Which of the following is an indicator of reliability level for a company in terms of either survival or credibility?
- 19
Which of the following is a characteristic of a current liability?
- 20
What is the amount of cash that the employers receive after all deductions are made called?