MUH213U
MUHASEBE I
1. Ünite
Soru 1
Which of the following is NOT an example of financial statement?
Soru 2
Which of the following are TRUE about balance sheet?
I. It details the change in owner’s equity over an accounting period.
II. It reports the assets, liabilities, and owner’s equity of the business at a specific date.
III. It shows the change in cash position of the company over an accounting period.
IV. It reports the revenues and expenses and resulting net income or loss.
Soru 3
Which of the below is NOT a part of owner's equity statement?
Soru 4
Which of the below generally depends on the skills and knowledge of the accountant?
Soru 5
Which of the below states that assets are recorded at their cost?
Soru 6
I. Decrease assets and decrease liabilities
II. Increase assets and increase liabilities
III. Increase liabilities and decrease stockholders’ equity
IV. Increase assets and increase stockholders’ equity
Which of the above numbered statements causes net income to affect the accounting equation?
Soru 7
Which of the following is the principle generally used in the valuation of assets?
Soru 8
Which of the following best describes assets?
Soru 9
Which item or items is/are reported on the balance sheet?
Soru 10
Star Inc., has 200.000 TL in revenues, 25.000 in expenses. According to this information, Star Inc. which of the following is the change in stockholders’ equity?
Soru 11
I. Identifying
II. Recording
III. Analyzing
IV. Communicating
Which of the activities above are considered to be the basic activities of accounting?
Soru 12
Which of the following definitions is true regarding the three basic activities of accounting?
Soru 13
What is the activity of keeping records of the financial transactions called?
Soru 14
Which of the following is the internal users of accounting?
Soru 15
Which are considered to be the primary external users?
Soru 16
Which of the following is the correct definition of financial accounting?
Soru 17
What is faithful representation?
Soru 18
_____ is a business owned and run by one person. They are often small type businesses (e.g. auto repair shops, used-books stores etc.). Usually a small amount of capital is needed and the owner is entitled to all profits.
Which option completes the sentence above best?
Soru 19
Which option shows the basic accounting equation?
Soru 20
What are economic resources that are expected to benefit the business in the future?