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

Soru 1:

When a company invests in another corporation up to 20% of total outstanding shares, which of the following cannot be assumed?

A) The security can be reported as trading security. B) The security can be reported as available for sale security. C) This investment does not represent a managerial role in invested company. D) The investor company does not possess an important role in determination of company policies. E) The security can be reported as held-to-maturity security.

Soru 2:

Which of the following is not a current liabilities account?

A) Notes payable B) Short term bank loans C) Unearned Revenues D) Long term bank loans E) Cash

Soru 3:

Which of the following is referred as the process of allocating the cost of an intangible asset to expense over its useful life?

A) Amortization B) Initial cost C) Purchase price D) Aging E) Transfer

Soru 4:

A company receives an advanced payment from a customer, but the company has not delivered the service yet for which the payment is received. In this situation, how sill the company record this?

A) by disclosing a contingent liability in the footnot B) by recording as accrued expense C) by recording as notes payable D) by recording as accounts receivable E) by recording as unearned revenue

Soru 5:

A security is sold at premium when the interest rate it offers is ______.

A) under the market interest rate B) equal to that of the market C) higher than the market return D) is fixed until the maturity E) fluctuates often

Soru 6:

What is the present obligation of a company arising from past events and fulfillment of which causes the outflow of economic benefits in terms of payments of cash, transfer of assets or rendering of services?

A) Liability B) Liquidity C) Accrual D) Payroll E) Provision

Soru 7:

What is the investor company called?

A) Subsidiary B) Parent C) Father D) Minority E) Majority

Soru 8:

Modification Engine Renewal Oil Change Minor Engine Repairs Which of the expenditures made for above will be recorded as period expenses?

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

Soru 9:

Which of the following is defined as assets that represent distinctive identifications of products or services?

A) Copyrights B) Licenses C) Trademarks D) Franchises E) Patents

Soru 10:

ABC Co. purchases a machinery on January 1, 2018 for 280,000 TL. ABC Co. also pays 20,000 TL for transportation and insurance during transportation. ABC Co. estimates to use the machine for 5 years and at the end of it useful life it is estimated to be sold at 45,000 TL. Company will apply double-declining balance depreciation method for the machinery. What will be the depreciation expense recorded for the year ending 31.12.2019?

A) 45.000 B) 72.000 C) 92.000 D) 120.000 E) 127.000

Soru 11:

Which of the following is incorrect information about current liabilities?

A) Maturity is maximum one year. B) Accrued expenses is a liability account. C) Unearned revenue is a liability account. D) Maturity is at least one year. E) Bank credit with 1 year maturity is a liability.

Soru 12:

purchase price brokerage commission survey and legal fees property taxes in arrears Which of the item/items mentioned above is included in the cost of the land?

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

Soru 13:

On Semtember 1, the owner of A Company, borrowed 500,000 TL from the bank with 12% interest rate and 8 months maturity. Both the interest and principal will be paid at the end of maturity. Which of the following is true about the accounting record to be made according to this information?

A) Credit Bank Loan by 500.000 TL B) Credit Notes Payable by 500.000 TL C) Credit Cash by 500.000 TL D) Debit Account Receivable by 500.000 TL E) Debit Account Payable by 500.000 TL

Soru 14:

Which of the following is not true about property, plant and equipment assets?

A) They are acquired for use in operations. B) They are in long-term in nature. C) They are generally depreciated. D) They are purchased for resale. E) They possess physical substance.

Soru 15:

Which of the following account is used when the expenditure made for the rented estate to bring it to its intended use and also it increases the value of the estate?

A) Leasehold improvements B) Research and Development Costs C) Pre-operating Costs D) Natural resources E) Plants

Soru 16:

For an economic resource to be recognized as an asset, ________. Which of the following completes the sentence above?

A) it must be controlled by the creditors B) it must have a capacity of providing future benefit C) the transaction must occur in the future D) it must be rented for less than a year E) it must be only tangible.

Soru 17:

They have a value for a specific company Some of them have unlimited life Their values fluctuate highly because their benefits are based on competition. Which of the qualification/s mentioned above is different from other assets?

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

Soru 18:

Anadolu Co. pays 2500 TL for regular service maintenance expense for official car of the CEO. How will Anadolu Co. record this regular service maintenance expense in the journal?

A) Records as a period expense B) Records as purchase expense C) Records as an expense D) Records as a depreciation E) Adds to the cost of the machine

Soru 19:

On October 1, 2012, Freedom Communications purchased a new piece of equipment that cost 35.000. The estimated useful life is five years and estimated residual value is 8.000. Freedom Communications purchased the equipment on January 1, 2012. If Freedom uses the straight-line method for depreciation, what is the asset’s book value at the end of 2013?

A) 24.200 B) 16.200 C) 21.000 D) 38.000 E) 32.000

Soru 20:

If the security is sold at a price below the face value, it is sold at ________ . Which option completes the sentence above?

A) Par B) Premium C) Discount D) Interest rate E) Maximum