CFA考試一級(jí)章節(jié)練習(xí)題精選0329-46(附詳解)

1、CFA考試一級(jí)章節(jié)練習(xí)題精選 0329-46 （附詳解）【單選題】1、 Which of the following statements best describes a trial balance? A trial balance is a document or computer file that:A. shows all business transactions by account.B. lists account balances at a p articular po int in time.C. contains business transactions recorded

2、 in the order in which they occur.正確答案:B答案解析:Financial Reporting Mechanics,” Thomas R. Robinson, CFA, Jan Hendrik van Greuning, CFA, Karen OCorMichael A. Broihahn, CFA2011 Modular Level I, Vol.3, p. 67Study Session: 7-30-fDescribe the flow of information in an accounting system.A trial balance is a

3、document that lists account balances at a p articular po int in time. millions20122011Accounts receivables, gross6,6204,840Allowance for doubtful accounts9256Write-offs during the year84422、1Based on the above information about a comp anys trade receivables, the bad debt expense (in millions) for 20

4、12 is(【單選題】A. 36.B. 84.C. 120.正確答案:C 答案解析：“ Understanding Balance Sheets, Elaine Henry, CFA, and Thomas R. Robinson, CFA2012 Modular Level 1, Vol.3, Reading 26, Section 3.1.3Study Session: 8-26-eDescribe different types of assets and liabilities and the measurement bases of each.C is correct. The al

5、lowance for doubtful accounts increases by the bad debt exp ense recognized for the year and decreases by the amounts written off during the year.Beginniing balance allowanee56Plus bad debt expenseLess write-offsEnding balance allowance92Bad debt expense = 1203、Which of the following is most likely

6、a depreciation method in which the allocationof cost corresponds to the actual use of an asset in a particular period?【單選題】A. Accelerated method.B. Weighted average method.C. Units-of -production method.正確答案 :C答案解析 :折舊( depreciation )費(fèi)用的 3種計(jì)算方法如下： 直線折舊法 straight -line (sl) method ： 初始成本( original co

7、st ) - 殘值( residualvalue)/ 應(yīng)折舊年限( depreciable life )。加速折舊法(accelerated method ):例如，雙倍余額遞減法 double-declining balance (DDB) method，其計(jì)算公式中沒(méi)有殘值(salvage value),故在計(jì)算最后一年折舊費(fèi)用時(shí)要注意折舊費(fèi)用不能超過(guò)殘值，depreciation in year(2/ depreciable life ) X book value at the beginning of year ，如果此公式中2改為 1，就是單倍余額遞減法。5單選題】單位產(chǎn)出法(uni

8、ts-of-production method ):生產(chǎn)中耗用了多少，就按其比例計(jì)算多少折舊費(fèi)用。4、According to International Financial Reporting Standards, which of the following is a condition that must be met for revenue recognition to occur?A. Costs can be reliably measured.B. Payment has been partially received.C. Goods have been delivered t

9、o the customer.正確答案 :A答案解析 :The IFRSs conditions that must be met include that the costs incurred can be reliably measured, the seller knows what it expects to collect and is reasonably certain of collection, and the significant risks and rewards of ownership have been transferred, which is normally

10、 (but not always) when the goods have been delivered.2014 CFA Level IUnderstanding Income Statements,” by Elaine Henry and Thomas R. RobinsonSection 3.1 5、A comp any whose objective is to maximize income had sp ent $1,000,000 for a machine with two significant compo nents as indicated below. The mac

11、hine【單選題】is exp ected to have an overall useful life of 10 years and the comp any uses the straight line method of dep reciation.ComponentCostUseful LifeA$500,00010 yea rsB$500,0005 yea rsThe dep reciation exp ense for the first year compu ted under IFRS comp ared with under U.S. GAAP will most like

12、ly be:A. the same.B. $50,000 lower.C. $50,000 higher.正確答案:C答案解析：“ Lo-Lived Assets” Elaine Henry, CFA and Elizabeth A Gordon2013 Modular Level I, Vol. 3, Reading 30, Section 3.1, Exa mp le 5Study Session 9 30 -dCalculate dep reciation exp ense.C is correct.I =$150,000 per year forthejirstfivejyea rs.Under IFRS: thecompan must use the component method of depreciation expense : (500,000 m 10) + (500,000 m 5)Under U.S. GAAP, the company would not us