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

Soru 1:

In accordance with the.................. principle holds that companies should use the same accounting methods and procedures in each accounting period, so that the information provided will help investors and creditors to compare a company’s financial statements from one period to the next. Which of the following terms should fill the blank?

A) Consistency B) Disclosure C) Materiality D) Conservatism E) Economic Entity

Soru 2:

Which of the below is the final step in the journalizing and posting process ?

A) Determining whether the accounting equation is in balance B) Recording the transaction in the journal C) Identifying the accounts and the account types (asset, liability, or equity) D) Posting the journal entry to the ledger E) Deciding whether each account increases or decreases and then apply the rules of debits and credits

Soru 3:

Which of the following refers to the measure of a company’s ability to pay current liabilities from cash and cash equivalents?

A) Statement of cash flows B) Petty cash ticket C) Bank reconciliation D) Bank statement E) Cash ratio

Soru 4:

Pressure Opportunity Rationalization Collusion Which of the terms above are components of fraud triangle?

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

Soru 5:

Which principle holds the idea that companies should use the same accounting methods and procedures in each accounting period?

A) disclosure principle B) consistency principle C) materiality concept D) conservatisim E) faithfulness

Soru 6:

Perpetual inventory system tracks and records inventory and costs of goods sold on a/an _________ basis. Which of the following completes the sentence above?

A) periodical B) continual C) interval D) annaul E) quarterly

Soru 7:

Monitoring is an important component of internal control. Which of the following items would not be an example of monitoring?

A) Management regularly compares divisional performance with budgets for the division. B) Hiring competent, reliable, and ethical personnel. C) Data processing management regularly generates exception reports for unusual transactions or volumes of transactions and follows up with investigation as to causes. D) Management has asked internal auditing to perform regular audits of the controls over cash processing. E) Data processing management regularly reconciles batch control totals for items processed with batch controls for items submitted.

Soru 8:

In terms of control activities, which of the following procedure requires dividing responsibilities between different people to prevent fraud and errors?

A) Hiring competent, reliable, and ethical personnel B) Separation of duties C) Monitoring and audits D) Documentation E) Information Technology

Soru 9:

Which of the followings purchase the goods that are ready to be sold and sell them to generate revenue?

A) Service companies B) Manufacturing companies C) Merchandising companies D) Retailer E) Whole seller

Soru 10:

"Receivable is an accounting term ........" Which of the following appropriately completes the defition above?

A) associated with the amounts that are owed to the business by other parties,mainly its customers. B) used in delivering goods or services, while customers may not prefer cash. C) used to decrase both customer base and sales while it may take time to collect its receivables D) used to explain valuation and expense methods of uncollectible accountsreceivables. E) used to classify receivables with respect to their cost and sale figures.

Soru 11:

Which one is the definition of "Periodic Inventory System"?

A) It is a system of tracking and recording inventory and costs of goods sold on a continual basis. B) It is a system of determining the quantity of inventory on hand only periodically. C) It is the task of displaying the current inventory balance at any point in time. D) It is the system of keeping a running computerized record of merchandise inventory. E) It is about achieving better control over the inventory by recording monthly accounts.

Soru 12:

What is the left side of T-account is referred as?

A) Ledger side B) Foot side C) Credit side D) Debit side E) Chart side

Soru 13:

An ______ is an unintentional misrepresentation of some items. But, a _______ is an intentional misrepresentation of something.

A) Trick-fraud B) Error-trick C) Error- fraud D) Fraud-Fallacy E) Fraud-error

Soru 14:

Which of the following is covered by internal users of accounting information users?

A) Managers B) İnvestors C) Creditors D) Government E) Customers

Soru 15:

A business should report the least favorable figures in the financial statements when two or more possible options are presented according to the ..................... concept requirements. Which of the following statements fills the blank correctly?

A) Consistency B) Disclosure C) Materiality D) Conservatism E) Economic Entity

Soru 16:

Which of the following cannot be suggested to be an idea followed by "Conservatism"?

A) "Anticipate no gains, but provide for all probable losses" B) "If in doubt, record an asset the lowest reasonable amount and reliability at the highest reasonable amount" C) "When there is a question, record an expense rather than an asset" D) "When you are faced with a decision between two possible options, you must choose the option that undervalues" E) "Inventory management is not a significant aspect of any successful business"

Soru 17:

Which one is a formal document which authorizes a cash payment?

A) Maker B) Payee C) Cash D) Cash budget E) Voucher

Soru 18:

Which of the following is the formula of cost of goods sold?

A) Beginning Inventory - Purchases – Ending Inventory B) Beginning Inventory + Purchases + Ending Inventory C) Beginning Inventory - Purchases + Ending Inventory D) Beginning Inventory + Purchases – Ending Inventory E) Ending Inventory – Purchases – Beginning Inventory

Soru 19:

In which financial statement are sales returns, sales discount and sales allowances shown?

A) Balance Sheet B) İncome Statement C) Owner's Equity D) Cash Flow Statement E) Cost of the good sold table

Soru 20:

I. Raw materials inventory II. Work-in-process inventory III. Finished goods inventory Which of the inventory types is/are used by manufacturing companies?

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