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

Soru 1:

Which of the following is the most common type of long term debt?

A) Bonds B) Current liabilities C) Salary Payables D) Unearned Revenue E) Accumulated Depreciation

Soru 2:

Each bondholder receives a bond certificate showing the name of the company that borrowed the money. The certificate specifies .................., which is the amount of the bond issue.

A) the face value B) the bond indenture C) the obligation D) the liability E) the responsibility

Soru 3:

Which of the following situations is the result of amortization of a discount?

A) Bond interest expense decreases. B) Bond interest expense increases. C) There is no bond interest expense. D) Bond interest expenses doubles. E) Effective interest rate increases.

Soru 4:

Known liabilities of estimated amounts are...........

A) ignored. (Record them when paid.) B) reported on the balance sheet. C) reported on the income statement. D) contingent liabilities. E) reported only in the notes to the financial statements.

Soru 5:

Anadolu Co. borrowed 10,000 TL from AOF Co. as of January 2, 2019, in return signed a three year, 10 percent annually interest bearing note. The market rate for a note of similar risk is 12 percent. Calculate the first year interest expense.

A) 913 TL B) 924 TL C) 1,000 TL D) 1,085 TL E) 1,142 TL

Soru 6:

Which of the following statements is wrong?

A) Partnership is an entity owned by two or more owners. B) Partners are the owners of a partnership C) A corporation is an entity organized under state law and owned by shareholders. D) Corporation is an entity owned by a single owner. E) Proprietor is the owner of a sole proprietorship.

Soru 7:

What is a distribution of a corporation’s own shares to the shareholders as dividends?

A) Dividend B) Cash dividend C) Share dividend D) Preferred dividend E) Dividend in arrears

Soru 8:

........................ requires the recognition of expenses in the period in which they incur to generate revenues. Which of the following Generally Accepted Accounting Principles should be replaced in the space left above?

A) Economic Entity Assumption B) Time Period Assumption C) Cost Principle D) Full Disclosure Principle E) Matching principle

Soru 9:

While issuing common shares below par value, which account should be debited?

A) Discount on Capital Share B) Paid-in Capital from Treasury Share C) Paid-in Capital Excess of Par D) Treasury share E) Cash

Soru 10:

Which of the following is not a bond type?

A) Indenture Bonds B) Unsecured bonds C) Debenture bonds D) Callable Bonds E) Registered bonds

Soru 11:

Which of the following is all changes in the shareholders’ equity from all sources except owners’ investments and dividends?

A) Share dividends B) Share Splits C) Comprehensive income D) Statement of shareholders’ equity E) Restriction on retained earnings

Soru 12:

Which of the following is a contract or loan agreement under which the bonds are issued?

A) Stated Interest Rate B) Bond Indenture C) Bondholder D) Coupon E) Secured Bond

Soru 13:

Which of the following about long term notes is false?

A) It represents a loan from a bank or other creditor. B) The term of the notes doesn't exceed one year. C) It is typically reported in the long-term liabilities section of the balance sheet. D) The basic difference between short term notes payable and long-term notes payable is the maturity date. E) It is a promissory note.

Soru 14:

On December 12, Anadolu Co. has purchased 5,000 shares of AOF Corp. by paying 2.00 TL for each share. Additionally, the company paid 350 TL for brokerage fees, taxes and other fees. When the shares are purchased on December 12, how will Anadolu Co. prepare the record?

A) Debit: Dividends Receivable - 10,350Credit: Dividends Reveneu - 10,350 B) Debit: Cash - 10,350Credit: Dividends Receivable - 10,350 C) Debit: Dividends Receivable - 10,350Credit: Cash - 10,350 D) Debit: Cash - 10,350Credit: Available for Sale Securities (Common Stock) - 10,350 E) Debit: Available for Sale Securities (Common Stock) - 10,350Credit: Cash - 10,350

Soru 15:

On January 2, 2019 Anadolu Co. issued bonds for 100,000 TL due in 5 years with 8 percent interest payable semiannually. At the time of issue market rate for such bonds is 10 percent. The principal amount borrowed will be paid back once at maturity. Calculate the present value (selling price) of the bonds.

A) 90,752 TL B) 91,364 TL C) 92,278 TL D) 93,532 TL E) 95,367 TL

Soru 16:

Most companies are required to obtain long term financing from banks and other financial institutions. What is this called?

A) Short term liabilities B) Long term liabilities C) Current liabilities D) Common stock E) External financing

Soru 17:

Which of the following is the term that used for the bonds that pay interest from specified revenue sources?

A) Registered bonds B) Bearer bonds C) Coupon bonds D) Income bonds E) Revenue bonds

Soru 18:

Which of the following is recorded using the amortized cost instead of fair values?

A) Fair Value B) Face Value C) Bond purchased at discount D) Held-to-maturity securities E) The effective interest rate

Soru 19:

Which of the following is a financial report that represents the details about the changes in shareholders’ equity for a period of time?

A) Retained Earning B) Statement of shareholders’ equity C) Share split D) Return on Equity E) Comprehensive income

Soru 20:

Which of the following is the term used for the distributions from the earnings to the shareholders?

A) Interest B) Tax C) Dividend D) Cost E) Income