Aof Panel

Soru 1

Which of the followings holds that a company should report enough information for financial statement users to understand methods and procedures used for each component of the financial statements to make wise decisions about the company by providing additional information?

Soru 2

Which of the followings states that a company must perform strictly proper accounting only for significant items?

Soru 3

Which of the followings means being careful in reporting items in the financial statements?

Soru 4

Which of the following statements is not true related to “conservatism concept”?

Soru 5

Which of the followings is an inventory way of tracking and recording inventory and cost of goods sold on a continual basis?

Soru 6

Which of the followings is an inventory costing method based on the specific cost of particular units of inventory?

Soru 7

Which of the followings allocates the cost of goods available for sale on the basis of the weighted average unit cost incurred?

Soru 8

Which of the followings assumes that the earliest goods purchased are the first to be sold?

Soru 9

Which of the followings is a valuation method which requires inventory to be reported in financial statements at whichever is lower – its historical cost or its market value.

Soru 10

Which of the followings happens when the cost of replacing items in inventory is below the recorded cost and the inventory is not salable at normal sales prices?

Soru 11

Why do the companies have to use the same accounting system (periodic or perpetual inventory system) and the same inventory cost flow system (specific identification, weighted average cost, FIFO or LIFO) within the accounting periods?

Soru 12

Manufacturers normally have three inventory accounts in their financial statements. Which of the following is one of them?

Soru 13

.........................................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 should come to the dotted place according to the continuation of the sentence?

Soru 14

A business’s financial statements must report enough information for outsiders to make
knowledgeable decisions about the company because of the......................................................rules.

Which should come to the dotted place according to the continuation of the sentence?

Soru 15

A company must perform strictly proper accounting only for items that are significant
to the business’s financial situation according to......................................... requirements.

Which of the following should come to space according to the sentence?

Soru 16

A business should report the least favorable figures in the financial statements when
two or more possible options are presented according to .......................................
requirements.

Which of the following should come to the space according to the sentence?

Soru 17

According to Conservatism which of the following idea is not correct?

Soru 18

........................ is an inventory system of tracking and recording inventory
and cost of goods sold on a continual basis.

Which of the following should come to the space according to the sentence?

Soru 19

................................. is a system of determining the quantity of inventory on
hand only periodically.

Which of the following should come to the space according to the sentence?

Soru 20

....................................method is a method of approximating the flow of inventory costs in a business that is used to determine the amount of cost of goods sold and ending merchandise inventory.

Which of the following should come to space according to the sentence?

MUHASEBE I - Deneme Sınavı - 15