Accountıng I Çıkmış Sorular, Online Deneme Sınavları, Çalışma, Dersler, Sınava Hazırlanma, vize, final

Soru 1:

Which of the following reports the revenues and expenses and resulting net income or loss of a company for a specific period of time?

A) owner’s equity statement B) income statement C) balance sheet D) statement of cash flows E) financial transactions

Soru 2:

Which one of the following accounts is one of the typical asset accounts?

A) Accounts Payable B) Notes Payable C) Unearned Revenue D) Prepaid Expenses E) Accrued Liabilities

Soru 3:

What is the measure of how quickly and easily an account can be converted into cash?

A) Liquidity B) Maturity C) Equity D) Asset E) Liability

Soru 4:

Which account types normally have a debit balance?

A) Assets B) Expenses C) Both A and B D) Liabilities E) Revenues

Soru 5:

"Deferred expenses are........." Which of the following appropriately completes the sentence above?

A) varieties of productive facilities such as machinery, equipment. B) the systematic allocations of the depreciable amount of an asset. C) the costs of assets D) are the advance payments of future expenses. E) plant assets that are long lived and tangible.

Soru 6:

Which one of the following is the financial statement that reports operation results of a business for a specific period of time (month, quarter quarter, or year year)?

A) Income statement B) Statement of owner's equity C) Balance sheet D) Owner's equity E) Current liabilities

Soru 7:

The account unearned revenue is a(n)..........

A) Revenue B) Asset C) Liability D) Expense E) Owner's Equity

Soru 8:

..................is an individual accounting tool that shows the increases and decreases in a specific asset, liability, or owner’s equity item during a specified period. Which of the following should be brought to the space left above?

A) Asset B) Liability C) Account D) Ledger E) Journal

Soru 9:

Which of the given is realized during the communication of the summarized information?

A) Selecting financial transactions B) Recording C) Classifying D) Summarizing E) Preparing financial reports

Soru 10:

In which of the following revenues and expenses are reported?

A) Statement of owner’s equity B) Balance sheet C) income statement D) Adjusted trial balance E) Depreciation Expense

Soru 11:

Which of the following refers to the cost of an asset, or other amount substituted for cost, less than its residual value?

A) Deferred expenses B) Deferred revenues C) Accrued expenses D) Accrued revenues E) Depreciable amount

Soru 12:

Which of the following assumes that expense is recognized before the cash is paid?

A) Matching Principle B) Accrued revenue concept C) Accrued expense concept D) Deferred expense concept E) Deferred revenue concept

Soru 13:

Net income results ______________. Which of the following completes the statement above?

A) when revenues exceed expenses B) when expenses exceed revenues C) when revenue equals to the expense D) when owner’s equity decreases E) when owner’s equity remains the same

Soru 14:

Which of the following could be said for "trial balance"?

A) Trial balance proves the equality of debits and credits B) Trial balance could be used to prepare financial statements C) The income statement is not prepared using expense accounts from the trial balance D) Trial balance is not the basis for preparation of financial statements. E) The trial balance is monthly prepared in every accounting period

Soru 15:

Which of the following calculated by the cost of an asset, or other amount substituted for cost, less than its residual value.

A) Depreciable amount B) Useful life C) Residual value D) Present value E) Book amount

Soru 16:

Which is NOT TRUE about journal ?

A) It is referred to as the book of original entry. B) In journal debits are listed second. C) Transactions are recorded in chronological order. D) It includes titles and references (codes) of accounts used to record transactions. E) It contributes to the recording process in terms of disclosing the details of transactions in one place.

Soru 17:

Which of the followings is not among the four different types of adjustments?

A) Deferred (Prepaid) Expenses B) Deferred (Unearned) Revenues C) Accrued Assets D) Accrued Expenses E) Accrued Revenues

Soru 18:

Which one of the following is often defined as a book of accounts?

A) The T-Account B) Ledger C) Chart of accounts D) Balance sheet E) Income statement

Soru 19:

What are economic resources that are expected to benefit the business in the future?

A) Investments B) Liabilities C) Revenues D) Assets E) Owner's Equity

Soru 20:

Which of the following is the definition of "assets"?

A) Assets are debts that are owed to creditors B) Assets are economic resources that are expected to benefit the business in the future C) Assets are the claims of creditors against to assets of the company D) Assets the owner’s claims to the assets of the business E) Assests are the total assets of an entity, minus its total liabilities.