Seçmeli Ara Sınav - Accountıng Iı

Soru 1:

What is the amount written on a debt security to be paid by issuer upon delivery at maturity date?

A) Face value B) Discount C) Premium D) Effective Interest Rate E) Par

Soru 2:

Victor paid 3.500.000 TL to Smart in order to purchase the right of usage of Smart trademark for 5 years. According to this information, what is the first year amortization expense of the intangible asset?

A) 500.000 B) 600.000 C) 700.000 D) 800.000 E) 900.000

Soru 3:

Which of the following is recorded as a current asset?

A) lands that are owned B) purchased buildings C) financially leased vehicles D) accounts receivables E) long term investments

Soru 4:

Anadolu Co. paid 300,000 TL to acquire a patent on January 1, 2019. The useful life of the patent is 5 years. What will be the amortization expense in 2019?

A) 75,000 TL B) 60,000 TL C) 50,000 TL D) 40,000 TL E) 30,000 TL

Soru 5:

Which of the following is not true about intangible assets?

A) They have a value for a specific company. B) Some of them have unlimited life. C) • Their values fluctuate highly. D) Intangible assets have a physical substance. E) They convey special rights from patents, copyrights, etc.

Soru 6:

Which of the following is not a capital expenditure

A) A complete overhaul of an air-conditioning system. B) Replacement of an old motor with a new one in a piece of equipment. C) A tune-up of a company vehicle D) Th e addition of a building wing E) Th e cost of installing a piece of equipment

Soru 7:

Which of the following is not regarded as a current liability?

A) accruals B) short-term bank loans C) current portions of long-term bank loans D) bank credits with 5 years maturity E) notes payable

Soru 8:

Which of the following is a non-current liability?

A) Short-term bank loans B) Accruals C) Long-term bank loans. D) Accounts payable E) Notes payable

Soru 9:

Which of the following is the primary objective of temporary investments below? earn interest revenue receive dividends realize gains from increases in the market price of the securities

A) Yalnız II B) I ve II C) II ve III D) I ve III E) I, II ve III

Soru 10:

In the first year of the coal mine, a company digs out 20000 tons of coal. Cost of mine: 40000 TL Estimated total units of resource: 80000 Tons mined during the year: 20000 Residual Value: 0 TL What is the depletion expense of the first year?

A) 5000 TL B) 8000 TL C) 10000 TL D) 12000 TL E) 15000 TL

Soru 11:

On 7 February, 2019 Anadolu Co. paid 150,000 TL including brokerage commissions, taxes and other fees and bought 20% of AOF Corporation. On December 31, AOF Corp. has reported 250,000 TL net income for 2019. Which of the following is the required entry in balance sheet of Anadolu Co. on December 31?

A) Debit: Affiliates - 50,000Credit: Revenue from Affiliates - 50,000 B) Debit: Cash - 50,000Credit: Affiliates - 50,000 C) Debit: Cash - 30,000Credit: Affiliates - 30,000 D) Debit: Affiliates - 30,000Credit: Cash - 30,000 E) Debit: Affiliates - 150,000Credit: Cash - 150,000

Soru 12:

What is the value of securities reported in the financial statements?

A) Effective Rate B) Amortized costs C) Face value D) Fair value E) Market value

Soru 13:

Leasehold Improvements account is only used for ..................

A) Fixed assets B) İntangible assets C) Tangible assets D) Rented assets E) Natural Resources

Soru 14:

Which of the following is defined as government grants given to the holder for invention in all fields of technology providing that the invention is new, involves an inventive step and is applicable to industry?

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

Soru 15:

Which of the following is not true for rights?

A) Rights consist of patents, licenses, trademarks, franchises and copyrights B) They are expenditures made for using and benefiting the powers that the governmental authorities provided to the company . C) When the right is acquired, the related account is debited. D) They are amortized according to contract durations E) If there are no contracts, then the amortization duration will be ten years by default

Soru 16:

In the first year of the steel, Enterprise dug out 450.000 tons of steel. Cost of steel 30.000 TL. Estimated total units of resource 500.000 tons. What is the depletion expense for the year?

A) 23.000 TL B) 24.000 TL C) 25.000 TL D) 26.000 TL E) 27.000 TL

Soru 17:

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

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

Soru 18:

Which item among the following is not an tangible asset?

A) Goodwill B) Land C) Machinery D) Buildings E) Equipment

Soru 19:

What are the contracts that provide payoffs to investors depending on the values of other assets that they are derived from called?

A) Investment B) Consolidation C) Derivative D) Profit E) Market

Soru 20:

Which of the following assets is not subject to a decreasing book value through depreciation, depletion, or amortization?

A) Land improvements B) Goodwill C) Natural resource D) Intangibles E) Machine