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

Soru 1:

A company had sales of 300.000 and sales returns of 45.000. Cost of goods sold was 152.000. How much gross profit did a company report?

A) 102.000 B) 103.000 C) 255.000 D) 256.000 E) 148.000

Soru 2:

..............................is an inventory costing method based on the specific cost of particular units of inventory. Which of the following should come to the space according to the sentence?

A) Periodic Inventory B) Specific Identification Method C) First-In, First-Out (FIFO) Method D) Average Cost Method E) Inventory Cost Flow method

Soru 3:

What time period does an income statement cover?

A) Income Statement is a financial document prapered only quarter. B) It can cover any period of time for which you want information, from a particular week to a span of multiple mounts. C) Income Statement is a financial document prapered only quarter. D) Income Statement is a financial document that can cover any period of time for which you want information, from a particular week to a span of multiple years. E) Income Statement is a financial document generated only monthly.

Soru 4:

Which of the following indicates to an income statement account that shows the losses incurred due to uncollectible receivables?

A) Trade discounts B) Bad debt expense C) Cash discounts D) Accounts receivable E) Cash (net) realizable value

Soru 5:

...................can be classified with respect to the nature of the transaction or with respect to their maturity structures. what should come to the dotted place according to the sentence?

A) Receivable B) Account C) Cash realizable value D) Cash discount E) Bad dept expense

Soru 6:

Which one is a statement that explains the differences between the balance shown on the bank statement and the one shown on the business’s accounting records?

A) Bank reconciliation B) Bank statement C) Income statement D) Bank account E) Cash ratio

Soru 7:

.........................is an income statement account that shows the losses incurred due to uncollectible receivables. Which of the following should be the dotted line?

A) Bad debt expense B) Cash discounts C) Sales returns and allowances D) Cash (net) realizable value E) Valuation of Accounts Receivables

Soru 8:

Which one of the following is a written agreement or a commitment to pay a particular amount of promised money at a particular period of time?

A) Promissory note B) Factoring C) Leasing D) Avarage collection period E) Forfaiting

Soru 9:

Which of the following is intended to encourage the customer to make their payment earlier?

A) Bad debt expense B) Cash discounts C) Sales returns and allowances D) Cash (net) realizable value E) Trade receivables

Soru 10:

Which of the following is not true for a fraud?

A) It is an unintentional misrepresentation of some items. B) Employees trying to steal money is a type of fraud. C) Managers can make false and misleading entries in the books. D) Frauds may deceiving investors and creditors. E) Fraud Triangle has three components: pressure, opportunity, and rationalization.

Soru 11:

Which one of the following is not among the components of internal control?

A) Control activities B) Leading organization C) Monitoring activities D) Control environment E) Information and communication

Soru 12:

__________ has the responsibility to constitute and maintain effective controls in a business entity. Which of the following statements fills the blank correctly?

A) Internal control B) External control C) Management D) Control E) Coso Framework

Soru 13:

Which of the following is true for a merchandising company?

A) Raw materials are converted to finished goods and then sold to customers. B) They do not make production. C) Hospitals, hotels and law firms are examples of merchandising companies. D) These companies have three types of inventories. E) They have work-in-process inventory.

Soru 14:

How do you close a revenue account?

A) Accounts, Closing Entries for Expense. B) Closing the Income Summary Account. C) Close revenue accounts.close expense accounts, close income summary account, close dividends (or withdrawals) account. D) Revenue accounts have credit balances or have no balances at the end of the term. E) As the end of the period comes, adjusting entries are made to ensure the assets, liabilities and owner’s equity.

Soru 15:

Which of the following refers to the business of purchasing receivables from companies upon a fee for the services performed to manage and collect receivables?

A) Sales returns and allowances B) Allowance method C) Honor of notes receivable D) Factoring E) Promissory note

Soru 16:

I. When the companies purchase merchandise inventory to resell, it is an expenditure. II. All expenditures that the companies incur until the goods become ready to be sold are included in the cost of merchandise inventory. III. When the goods are sold, the cost in balance sheet is transferred to income statement as an expense. Which of the statements above about cost flow for merchandising companies is/are correct?

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

Soru 17:

"Accrued expenses are............"

A) the depreciable asset’s unrecorded costs B) the revenues recognized after the cash is received C) the expenses not yet paid but recorded at the end of the accountingperiod D) the expenses collected but not yet recorded at the end of the accountingperiod E) the expenses incurred but not yet paid or recorded at the end of the accountingperiod

Soru 18:

Which of the following is an accounting term associated with the amounts that are owed to the business by other parties, mainly its customers?

A) Debit B) Credit C) Payable D) Receivable E) Equity

Soru 19:

When does the operation cycle begin?

A) Purchasing of inventories from a producer or an individual B) Selling inventories to customers C) Collecting cash from customers D) Recording a receivable E) Scheduling the payment

Soru 20:

................. exist when sellers allow purchasers to return merchandise that is defective, damaged, or under-performing.

A) Purchase returns B) Purchase allowences C) Purchase discount D) Purchase tax E) Purchase payments