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

Soru 1:

Which of the following terms refers to the present obligation of the entity arising from past events, the settlement of which is expected to result in an outflow of the entity’s resources?

A) assets B) liabilities C) owner's equity D) cash E) transaction

Soru 2:

Which of the following is the measure of how quickly and easily an account can be converted into cash

A) Certainity B) Rigidity C) Liquidity D) Accuracy E) Accessibility

Soru 3:

......................refers to the act of making an entry on the right side of an account and when credit amount exceeds debits, ..............balance occurs. According to text,which of the following should be dotted line

A) Debiting B) Crediting C) Double entrying D) Revenuing E) Asseting

Soru 4:

I. Internal users II. External users III. General users Which of the above is/are the main group(s) of accounting information users?

A) Only II B) Only III C) I and II D) I and III E) I, II and III

Soru 5:

Which of the following reports the assets, liabilities, and owner’s equity of the business at a specific date?

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

Soru 6:

Which of the following is the ending step in the accounting cycle?

A) The post-closing trial balance B) Monthly trial balances C) Closing entries D) Adjusted trial balance E) Financial statements

Soru 7:

............... is an information system which provides financial information about the entity for decision makers. What is the term explained above?

A) Accounting B) Assets C) Bookkeeping D) Expenses E) Revenues

Soru 8:

Which of the following is true?

A) Assets increase on right side B) Liabilities decrease on right side C) Distributions increase on left side D) Expenses increase on right side E) Revenues decrease on right side

Soru 9:

........................ is the cost of an asset, or other amount substituted for cost, less than its residual value.

A) Depreciable amount B) Depreciation C) Depreciation expense D) Residual value E) Useful life

Soru 10:

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

A) Accounts Receivable B) Unearned Revenue C) Notes Receivable D) Prepaid Expenses E) Buildings

Soru 11:

..............................refers to the act of making an entry on the left side of an account and when debit amount exceeds credits, .............balance occurs. According to text, which of the following should be the dotted line?

A) Debiting B) T-balance C) Crediting D) Asseting E) Revenuening

Soru 12:

Which of the following is an owner's equity account?

A) Capital B) Unearned Revenue C) Prepaid expenses D) Land E) Cash

Soru 13:

Which of the following is the process of analysing and updating of accounts at the end of the period before the financial statements are prepared?

A) Connecting process B) Identifying process C) Summarizing process D) Adjusting process E) Recording process

Soru 14:

Which one of the following is the starting point for the preparation of the financial statement?

A) Income statement B) Balance sheet C) Adjusted trial balance D) Statement of owner's equity E) Non-current assets

Soru 15:

Bookkeeping Classifying Measuring Communicating Which of the activities above can be classified under the recording activity in an accounting process?

A) I and II B) II, III and IV C) I, II and III D) I, III and IV E) I, II, III and IV

Soru 16:

Which of the below generally depends on the skills and knowledge of the accountant?

A) Ethics B) Intention C) Honesty D) Rightness E) Fairness

Soru 17:

Which of the followings is not correct abut adjusted trial balance?

A) It is a list of all the accounts with their adjusted balances. B) They are prepared after the financial statements. C) Its purpose is to ensure that total debit balances are equal to total credit balances. D) It is the last step to prepare financial statements. E) It is the basis for the preparation of financial statements.

Soru 18:

.......... is a systematic way of keeping chronological diary of events measured in monetary unit.

A) Identifying B) Recording C) Communicating D) Reporting E) Auditing

Soru 19:

Which of the followings is correct about cash basis accounting?

A) Revenues are recorded when services are performed. B) Revenues are recorded when expenses are incurred. C) Expenses are recorded before the cash is paid. D) Revenues are recorded when cash is received. E) Expenses are recorded when they are incurred.

Soru 20:

What is the entry for accrued expenses?

A) Every adjusting entry for accrued expenses debits an expense account, increasing expenses on the income statement and reducing net income, and credits a payable account, decreasing liabilities on the balance sheet. B) Because of adjustingentry for accrued expenses debits an expense account, decreasing expenses on the income statement. C) So, in adjusting entry, asset will be created as a debit and revenue as a credit. companies not increase both assets and revenues by making adjusting entries. D) The amount of such an accrued but unpaid item at the end of the accounting period is both an expense and a liability. E) The term 'accrued'meansto increase or accumulate. When a company accruesexpenses, thismeansthat its portion of paid bills isincreasing.