財(cái)務(wù)會(huì)計(jì)（北京第二外國語學(xué)院）智慧樹知到期末考試答案章節(jié)答案2024年北京第二外國語學(xué)院

財(cái)務(wù)會(huì)計(jì)（北京第二外國語學(xué)院）智慧樹知到期末考試答案+章節(jié)答案2024年北京第二外國語學(xué)院InaccordancewithIAS1PresentationofFinancialStatements,whichthefollowingitemshavetobeseparatelypresentedinthestatementofprofitorlossandothercomprehensiveincome?

答案:shareoflossesfromassociates;financecosts;Dprofitattributabletonon-controllinginterestsWhichofthefollowingisincludedinthecostofinventoriesunderIAS2?

答案:Overheadsincurredonbringingfinishedgoodstotheircurrentcondition.;Costsoflaboronbringingwork-in-progresstoitscurrentcondition;Costsoftransportationinbringingrawmaterialstothebuyer’spremisesInaccordancewithIAS36ImpairmentofAssets,whendeterminingthefairvalueofanassetlesscostsofdisposaloritsvalueinuse,whichthefollowingstatementsisnotcorrect?

答案:Thecostsofreorganizingabusinessfollowingthedisposalofanassetshouldbedeductedfromitsfairvalue.;Whendeterminingthevalueinuse,cashflowprojectionsbasedonbudgetsorforecastsshouldnotexceedamaximumof10years.;Anasset’sfairvaluelesscostsofdisposalexcludeslegalcoststhatwouldbeincurredinthecourseofdisposingoftheasset.Whichofthefollowingisadepreciableasset?

答案:landimprovements;equipment;buildingsWhichofthefollowingareshort-termfinancialinstruments?

答案:Asix-monthloan;Abankersacceptance;AU.S.Treasurybill;AnegotiablecertificateofdepositForwhichoneormoreofthefollowingreasonsistherecognitionasanassetofaninternallygeneratedintangibleprohibited?

答案:Becauseitisdifficulttoestablishtheprobabilityofflowofeconomicbenefits;BecauseitisdifficulttoreliablyidentifytherelatedcostsForwardexchangeratesareusefulforthosewhowishto(ABCD)

答案:Protectthemselvesfromtheriskthattheexchangeratewillchangebeforeatransactioniscompleted.;Gamblethatacurrencywillriseinvalue.;Gamblethatacurrencywillfallinvalue.;Exchangecurrenciesatapointintimeinthefuture.Whichofthefollowingqualitiesshouldanassetpossessforittoqualifyforrecognitionasanasset?

答案:Itshouldbewithintheentity’scontrol;ThereshouldbeaprobabilityoffutureeconomicbenefitfromitZuluLtd(Zulu)entersintoacontractwithacustomertodeliveraphonepackagetothecustomerinreturnforanupfrontpaymentof$1000.Underthetermsofthecontractthecustomerwillreceivea‘free’phoneuponsigningthecontract,andphoneservicefortwoyears.Zulualsosellsphonesandphoneservicesseparately.

答案:DZuluidentifiestwoperformanceobligationsinthephonepackage.Toaccountforminorityinterests:

答案:Consolidateallassetsandliabilitiesofasubsidiary,thenshowadeductionfortheminorities’share.DurerInacquiredSeaCorporationinabusinesscombinationandSeaCorpwentoutofexistence.SeaCorpdevelopedapatentlistedasanassetonSeaCorp'sbooksatthepatentofficefilingcost.Inrecording

答案:thepatentisrecordedasanassetatfairmarketvalue.Anentityshallrecognizeafinancialassetorafinancialliabilityinitsstatementoffinancialpositionwhen,andonlywhen,theentitybecomespartytothecontractualprovisionsoftheinstrument.

答案:對(duì)Tocalculatethetaxbaseofaliabilityforemployeebenefits,whichthefollowing.formulaswouldnotbeused?

答案:CCarryingamount+Futuredeductibleamounts?Futureassessableamounts;Carryingamount?Futurenon-assessableamountsofrevenue;Carryingamount+FutureassessableamountsWhenshouldanimpairmentlossberecognized?

答案:ImmediatelyThemajorPPEassetsforQantaswouldbe

答案:fleetofaircraftThoughasubsidiaryisonlypartlyowned,thewholeofthesubsidiary’ssales,costofsaleandexpensesareaggregatedwiththoseoftheparenttoreportthegroup’sincomeandexpenses.Whichoneormoreofthefollowingis/arenotthejustificationforthis?

答案:Thatishowitisexpectedtobedone;Otherwisethegroupwouldappeartobedoingpoorlywithadverseeffectonshareprice;ThatisalegalrequirementIndicatewhichofthefollowingistrueconcerningthesetwostatements.i.Whencalculatingtheimpairmentlossofanassettheassetshouldbecarriedatthelowerofit’scarryingamountandrecoverableamount.ii.Whencalculatingtheimpairmentlossofanassettherecoverableamountoftheassetisthehigherofitsvalueinuse,anditsfairvaluelesscostsofdisposal.

答案:BothstatementsarecorrectIfinvestmentpropertyismeasuredusingthefairvaluemodel,againarisingfromachangeinthefairvalueofaninvestmentpropertymustbe:

答案:RecognisedinthecalculationofprofitorlossWhichofthefollowingstatementsdescribestheassumptionunderlyingthestraight-linemethodofdepreciation?

答案:Depreciationisthesameforeachyearoftheasset'susefullifeWhichofthefollowingisNOTincludedinthecostofinventoriesunderIAS2?

答案:RecoverabletaxesonpurchasedrawmaterialsConsolidatingpost-acquisitionprofits:

答案:Changesgroupprofits.Intheprocessofbalancesheetconsolidation,onetaskistoeliminate:

答案:Investmentinsubsidiaryagainstsubsidiaries’shareholders’funds.whichofthefollowingisthebestdescriptionof‘reliability’inrelationtoinformationinfinancialstatements?

答案:FreedomfrommaterialerrorTheprimaryworkofconsolidationis:

答案:Theeliminationofdoublecountingandthecancellationoftheeffectsoftransactionswithinthegroup.PreglerInhas70%ownershipofSachCompany,butshouldexcludeSachfromitsconsolidatedfinancialstatementsif

答案:Sachisinlegalreorganization.Indicatewhichofthefollowingiscorrectregardingthefollowingtwostatements:i.Goodwillisamortisedoveritsusefullifewiththechargeexpensedtoprofitandloss.ii.Allintangibleassetsmustbecarriedatamortisedcostoratanimpairedamount;theycannotberevaluedupwards

答案:BothstatementsareincorrectThetermusedtodescribetheallocationofthecostofanintangibleassettoexpenseis____________ratherthandepreciation.

答案:amortizationNetsales'iscomputedby:

答案:Subtractingfromgrosssales,salesreturnsandallowances,andtradediscountsAbusinessmergerdiffersfromabusinessconsolidationbecause

答案:amergerdissolvesallbutoneofthepriorentities,butaconsolidationdissolvesallofthepriorentities.RavenLtd(Raven)isaparententitythatinvestedinanassociate.InaccordancewithIFRS3BusinessCombinations,Ravendeterminedthattheacquisitioninvolvedagainof$200000.InaccordancewithIAS28InvestmentsinAssociatesandJointVentures,thegainshouldbe

答案:includedasincomeinthedeterminationoftheinvestor’sshareoftheassociate’sprofitintheperiodtheinvestmentwasacquired.Calculatingtheaverageuseful-lifeisestimatedbydividing

答案:theaveragecostofproperty,plantandequipmentbythedepreciationexpenseOn30/6/20X0BetaLtd(Beta)leasedequipmentfromCapitalFinanceGroup.Theleasehadthefollowingterms.?Thetermoftheleaseisfiveyears.?Theusefullifeoftheequipmentiseightyears.?Thefairvalueoftheequipmentis$675000atthecommencementofthelease.?Leaserentalsare$120000perannum,payableatthebeginningofeachyear.?Theresidualvalueis$110000butisnotguaranteed.?Thepresentvalueoftheminimumleasepaymentsisequalto50percentofthefairvalueoftheassetatcommencementofthelease.?IfBetareturnstheleasedequipmentbeforetheexpiryofthelease,itwillbeliabletopayanamountequalto80percentofthepresentvalueofremainingleaserentals,discountedatanon-riskadjustedrate.Whichoneofthefollowingstatementsiscorrect?

答案:AccordingtotheConceptualFramework,Betashouldrecognizeanassetandliabilityattheinceptionofthelease.Whichofthefollowingareallcomponentsofthestatementofcashflows?

答案:Cashflowfromoperatingactivities,cashflowfrominvestingactivities,andcashflowfromfinancingactivitiesWhichoneofthefollowingstatementsiscorrectinrelationtotheapproachadoptedbyIAS17Leasestoclassifyingleasesaseitherfinanceoroperatingleases?

答案:DThisapproachcanresultinleaseswithsimilareconomiccharacteristicsbeingtreateddifferently.Whichofthefollowingdescribestheassumptionunderlyingthediminishingbalancemethodofdepreciation?

答案:TheassetmakesahighercontributiontorevenueintheearlieryearsofitslifeTheNiketrademarkisanexampleofa(n)

答案:intangibleassetUnderwhatcircumstanceswillaparentnecessarilycontrolasubsidiary?

答案:WhenithastheabilitytoaffectitsvariablereturnsthroughtheexerciseofpoweroverthesubsidiaryThecostofgoodwillpurchasedaspartofanacquisitionofanongoingbusinessshallbe?

答案:Neveramortized,butthereshallbeanannualimpairmentreviewInrelationtoprovisions,forapresentobligationtoexist,whichoneofthefollowingfactorsmustbepresent?

答案:CTheentitymusthavenorealisticalternativetosettlingtheobligation.InthebusinesscombinationofPolkaandSpot,

答案:thecostsofregisteringandissuingthesecuritiesaredeductedfromthefairmarketvalueofthecommonstockusedtoacquireSpot.Reservesbelongto:

答案:Ordinaryshareholders.InaccordancewiththerequirementsofIAS1PresentationofFinancialStatements,whichoneofthefollowingstatementsisnotcorrect?

答案:Theshareofprofitorlossofassociatesdeterminedusingtheequitymethodmustbeincludedinothercomprehensiveincome.;Everyitemthatappearsinothercomprehensiveincomewillrequireareclassificationadjustmentinfuturereportingperiodswhentheiteminvolvedisderecognize;RetrospectiveadjustmentsarisingfromachangeinaccountingpolicyinaccordancewithIAS8AccountingPolicies,ChangesinAccountingEstimatesandErrorsmustbeincludedinothercomprehensiveincome.Whichthefollowingisincludedinthecomputationofoperatingcashflow?

答案:Earningsbeforeinterestandtaxes;Depreciation;CurrenttaxesGovernmentgrantsshouldnormallybeaccountedonaccrualsbasis.Whichofthefollowinggrantsreceivedwouldyounotaccountratheronareceiptsbasis?

答案:A.receivedintheformoflandforabusinesstore-locatetoadeprivedarea.;B.receivedtoenhancetheliteracyandcommunicationalabilityofstaff;receivedbyacharitytooperateoneofitsidentifiedactivitiesWithregardtogovernmentgrantsandaccountingforitwhichofthefollowingstatementsisaccurate?

答案:Assistanceincashorkindreceivedfromgovernmentorothersisknownasgovernmentgrant;Governmentgrantshouldpreferablybeaccountedforonaccrualsbasis;TheassetrelatedgrantmaybereportedeitherondeferralmethodoroffsetmethodWhichofthefollowingstatementsareincorrectwithregardtopreparationofaconsolidatedstatementoffinancialposition?

答案:Non-controllinginterestdoesnotdeserveanyportionoffairvaluationgain;Gainonfairvaluationofsubsidiary’sassetinflatesthecostofgoodwill;Ifanassetisnotreportedinthesubsidiary’sledgeritneednotbefairvaluedAccordingtoIAS11-'Constructioncontracts',whichofthefollowingprojectsundertakenbyanenterpriseshouldnotbeaccountedforasaconstructioncontract?

答案:Awarehousebeingconstructedfortheenterprise'sownuse;Anitemofplantandmachinerybeingconstructedtobesoldasinventory;AnofficeblockbeingconstructedasaninvestmentpropertyWhichoneormoreofthefollowingis/areessentialforrecognizinganintangibleasset(otherthangoodwill)whenabusinessisacquiredasagoingconcern?

答案:Thereshouldbeareliablebasisforvaluingit;ThereisaprobabilitythatfutureeconomicbenefitswouldarisefromitWhichofthefollowingisagovernmentgrant?

答案:Acost-freelicensereceivedfromalocalboroughtooperateataxiservice;Anamountreceivedtowardsthecostofcleaningfactoryeffluencebeforedrainingintonearbyriver;Acost-freelandallocatedtobuildastaffhealthcarecenterWhichofthefollowingarethecomplicationsthatcanapplyincalculatingEPS:

答案:Newissuesofsharesduringtheyearforcash;Bonusissues;Rightsissues;ConvertibledebenturesWhichofthefollowingfactorscontributetoafinanceleaseclassification?

答案:Thepresentvalueoftheminimumleasepaymentsequals95percentofthefairvalueoftheleasedassetatthestartofthelease.;Legalownershipoftheleasedassettransferstothelesseeattheendoftheleaseterm.InaccordancewithIAS36ImpairmentofAssets,whenidentifyingacash-generatingunit(CGU),whichthefollowingstatementsisnotcorrect?

答案:Wherecashinflowscanbeidentifiedwithaparticularassetbutcannotbeearnedindependentlyofotherassets,theassetisstilltestedindividuallyforimpairment.;ACGUisthesmallestbusinessunitthatgeneratescashinflowsindependentlyofthecashinflowsofotherbusinessunits.;Evenifanassetgeneratescashinflowsindependentlyofotherassets,therecoverableamountoftheCGUtowhichtheassetbelongsmuststillbeestimated.Whichofthefollowingassetsbelongtointangibleasset?

答案:Goodwill;Brandname;PatentIAS20permitsthereportingofgovernmentgranteitheronthedeferralmethodorontheoffsetmethoAsaccountantofalimitedcompanyWhichofthefollowingarevalidreasonsforcapitalizingdevelopmentcosts?

答案:Otherwisetherewillbereluctancetodevelopnewprojects;Otherwisetherewouldbeananomalybetweendevelopedassetandpurchasedone;Forproperlymatchingthecostofadevelopmentwithbenefitsarisingtherefrom;ToensurethatresourcesavailableforgeneratingincomearefullyreportedInpreparingtheaccountsofOscarLtd(Oscar)forthefinancialyearended30June20X7,thefollowingitemswereconsidereInaccordancewithIAS1PresentationofFinancialStatements,IAS8AccountingPolicies,ChangesinAccountingEstimatesandErrorsandIAS10EventsaftertheReportingPeriod,whichofthefollowingitemswouldbeincludedinthedeterminationofprofitafterincometax?Selectwhichthreeoptionsarecorrect.

答案:areassessmentoftheusefullifeofplantandequipmentinDecember20X6;thelossfromamajorfirethatclosedtheplantduringApril20X7;achangeinaccountingestimaterelatedtothedeterminationofthebaddebtswrite-offforthe20X6financialstatementsWhenpreparingaconsolidatedStatementoffinancialpositiontheidentifiablenonmonetaryassetsofthesubsidiaryneedtobefairvalueWhichofthefollowingassetsofthesubsidiaryneedtobefairvalued?

答案:Landandbuildingappearinginthebooksofthesubsidiary;Inventoryreportedonthesubsidiary’sstatementoffinancialposition;BrandnamethecostrelatingtowhichthesubsidiaryhasalreadyfullywrittenoffForaclothingmanufacturerwhichofthefollowingassetswouldbelikelytobegroupedtogetherinanaccounttitled'Factory,plantandequipment'?

答案:cuttingtables;sewingmachines;buttonholerWhichthefollowingisnotacriticismofIAS40InvestmentProperty?

答案:Classifyinginvestmentpropertiesseparatelyfromproperty,plantandequipmentonthestatementoffinancialpositiondoesnotfaithfullyrepresenttheoperationsofthebusiness.;Fairvalueofinvestmentpropertiescannotbereliablymeasuredduetotheirspecificnature.;Requiringfairvaluemovementstoberecognizedinprofitorlossresultsinlessreliableinformationforusers.Theaccountantforamanufacturingcompanyisdeterminingthevalueinuseofanitemofequipment.InaccordancewithIAS36ImpairmentofAssets,whichoneofthefollowingitemsshouldbeincludedinthedeterminationoftheequipment’svalueinuse?

答案:thecashinflowfromthedisposaloftheequipmentattheendofitsusefullifeWhenpreparingaconsolidatedstatementoffinancialpositiontheidentifiablenon-monetaryassetsofthesubsidiaryneedtobefairvaluedforwhichofthefollowingreason/reasons?

答案:Toreporteachofthesubsidiary’sassetsatwhatitcostthegrouptoacquire;ToidentifytheamountpaidforgoodwillastheresidualnotattributedtootherassetsthestatementofGrantsmaycovereitherrevenueorcapitalis….

答案:錯(cuò)Thedepreciableamountis

答案:thecostofaPPEassetlessitsresidualvalueSandalLtd(Sandal)preparesconsolidatedfinancialstatements.Duringthefinancialyearended30June20X4,Sandaldisposedofaninvestmentinaforeignoperation.Uptothedateofdisposal,Sandalhadtotranslatethefinancialstatementoftheforeignoperationfromanothercurrencyforinclusioninitsconsolidatedfinancialstatements.Duringpriorreportingperiods,$14000ofexchangedifferencegainsnetoftax(pre-taxexchangedifferencegains$20000)hadbeenrecognizedinothercomprehensiveincomeintheconsolidatedfinancialstatementsofSandal.Duringthe20X4reportingperiod,a$3500exchangedifferencegainnetoftax(pre-taxexchangedifferencegains$5000)uptothedateofdisposaloftheforeignoperationhadbeenrecognizedinothercomprehensiveincome.InaccordancewithIAS1PresentationofFinancialStatements,whichoneofthefollowingstatementsiscorrectinrelationtothetreatmentofthedisposaloftheforeignoperationintheconsolidatedstatementofprofitorlossandothercomprehensiveincomeofSandalfortheyearended30June20X4?

答案:COthercomprehensiveincomewouldincludeareclassificationadjustmentnetoftaxof$17500.Acompanypaid￡10milliontoacquireareputedbrandname.Althoughthereisnoactivemarketinthatassetitispermittedtoreportthebrandnameasanassetforwhichtwoofthefollowingreasons?

答案:DFutureeconomicbenefitsfromitareprobablebecauseotherwiseitwouldnothavebeenacquiredatsuchacost.;ItscosthasbeenestablishedbyamarkettransactionConsolidationisperformedin:

答案:TheGroupbalancesheet.Whichofthefollowingstatements,relatingtointangibleassetsis/arenotcorrect?

答案:Appliedresearch,calculatedtoachieveastatedaim,canbecapitalized.;Anassetshouldneverbecapitalizedifithasnophysicalexistence;Researchonmarketpotential,priortolaunchingaproduct,canbecapitalizedWhichoneofthefollowingisacriticismofthedistinctionbetweenoperatingleasesandfinanceleasesinIAS17Leases?

答案:Theobligationsofthelesseearenotrecognizedunlesssubstantiallyalloftherisksandrewardsofownershiparetransferred.Goodwillis:

答案:Thepremiumpaidforthenetassetsofthesubsidiary.Assetsarelistedonthebalancesheetinorderof:

答案:decreasingliquidity.Thecashflowtocreditorsincludesthecash:

答案:outflowwheninterestispaidonoutstandingdebt.PicassoCo.issued5,000sharesofits$1parcommonstock,valuedat$100,000,toacquiresharesofSeuratCompanyinanall-stocktransaction.Picassopaidtheinvestmentbankers$35,000andwilltreattheinvestmentbankerfeeas

答案:areductiontoadditionalpaid-incapital.Allfinancialrewardsthatarenotpaiddirectlyincashtotheemployeeare:

答案:BenefitsBasedonthesupplyanddemandmodeloftheexchangerate,whichofthefollowingshouldcausethePhilippinepesotoappreciate?

答案:AnincreaseinremittancesfromPhilippineworkersabroadtotheirfamiliesathome.Aprovisionforunrealisedprofitof￡15millionhascorrectlybeendeductedfromgroupinventorywhereaparenthassoldgoodstoasubsidiary.Thesalespriceofthegoodssoldfromparenttosubsidiarywas￡100millionintotalintheyear.WhatistheadjustmentrequiredtoCostofSalesintheConsolidatedStatementofProfitandLoss?

答案:Deduct￡85millionOnJune1,2014,PuellCompanyacquired100%ofthestockofSorrellInOnthisdate,PuellhadRetainedEarningsof$100,000andSorrellhadRetainedEarningsof$50,000.OnDecember31,2014,PuellhadRetainedEarningsof$120,000andSorrellhadRetainedEarningsof$60,000.TheamountofRetainedEarningsthatappearedintheDecember31,2014consolidatedbalancesheetwas

答案:120000Depreciationis：

答案:isanoncashexpensethatisrecordedontheincomestatement.Acompanyhasthefollowinggeneralsourcesofborrowingthroughouttheyearended30June2017:a5%Bankloanof￡5million,and6%loanstockof￡10million.On1October2016thecompanybeganconstructionofaqualifyingasset.Expenditureof￡1millionwasincurredimmediately,withafurther￡2millionincurredon1February2017,bothoutofgeneralborrowings.Tothenearest￡000,theamountofborrowingcoststhatshouldbecapitalisedaspartofthecostofthequalifyingassetare:

答案:￡90,000Whencashisreceived,theaccountCashwillbe___.

答案:DebitedThestatement“theyenrosetodayfrom121to117”makessensebecause

答案:Thesenumbersmeasureyenperdollar,notdollarsperyen.PepperCompanypaid$2,500,000forthenetassetsofSaltCorporationandSaltwasthendissolveSalthadnoliabilities.ThefairvaluesofSalt'sassetswere$3,750,000.Salt'sonlynon-currentassetswerelandandbuildingswithbookvaluesof$100,000and$520,000,respectively,andfairvaluesof$180,000and$730,000,respectively.AtwhatvaluewillthebuildingsberecordedbyPepper?

答案:730000Thefinancialstatementsummarizingafirm'saccountingperformanceoveraperiodoftimeisthe:

答案:incomestatement.WhichofthefollowingareexceptionsforIFRS9application?

答案:Contractsthatwereenteredintoandcontinuetobeheldforthepurposeofthereceiptordeliveryofanon-financialiteminaccordancewiththeentity’sexpectedpurchase,saleorusagerequirements_____referstothecashflowthatresultsfromthefirm'songoing,normalbusinessactivities.

答案:CashflowfromoperatingactivitiesWhichequalityisthebasisforthebalancesheet?

答案:Assets=Liabilities+Stockholder'sEquityCashflowtostockholdersmustbepositivewhen:

答案:thedividendspaidexceedthenetnewequityraised.Dividendpershareisequaltodividendpaid:

答案:dividedbythetotalnumberofsharesoutstanding.MiltonPlc,whichhasanaccountingyearendof31December,hasconstructedanoffshoreoilrig.Itisbroughtintouseon1April2017.Thecostofconstructionis￡600million.Therighasanestimated25yearlife.AttheendofthatlifethecompanyisrequiredbylawtoremovetherigandrestoretheseabeThecostofremovalandrestorationisestimatedas￡200million.Thediscountfactorfor10%(thecompany’scostofcapital)in25yearsis0.09.Thedepreciationchargefortheyearended31December2017willbe:

答案:18540PentalCorporationbought90%ofSedacorCompany'scommonstockatitsbookvalueof$400,000onJanuary1,2014.During2014,Sedacorreportednetincomeof$130,000andpaiddividendsof$40,000.AtwhatamountshouldPental'sInvestmentinSedacoraccountbereportedonDecember31,2014?

答案:481000Whenshouldareversalofagoodwillimpairmentberecognized?

答案:NeverReductionofinvoicepricesawardedforpromptpaymentare:

答案:CashdiscountsInreferencetotheFASBdisclosurerequirementsaboutabusinesscombinationintheperiodinwhichthecombinationoccurs,whichofthefollowingiscorrect?

答案:Firmsarerequiredtodisclosethenature,termsandfairvalueofconsiderationtransferredinabusinesscombination.The"carryingamount"ofanitemofproperty,plantandequipmentgenerallyrefersto:

答案:TheamountatwhichtheitemisrecognisedinthefinancialstatementsFollowingtheaccountingconceptofabusinesscombination,abusinesscombinationoccurswhenacompanyacquiresanequityinterestinanotherentityandhas

答案:controlovertheentity,irrespectiveofthepercentageowned.Historically,muchofthecontroversyconcerningaccountingrequirementsforbusinesscombinationsinvolvedthe________method.

答案:poolingofinterestsFairvalueis:

答案:Thevalueforwhichanassetcouldbesold,oraliabilityextinguished,betweenwillingindependenttraders.Canaconsolidatedbalancesheetcontainbothgoodwillandminorityinterests?

答案:Yes.HaydenLtd(Hayden)purchasesplanton1July20X5inexchangeforcashconsiderationequaltothevalueof10000sharesinHayden,determinedandpayableon14July20X5.Hayden’ssharepricewas$15on1July20X5and$20on14July20X5.Thefairvalueoftheplantwas$160000onboth1July20X5and14July20X5.Whichoneofthefollowingstatementsiscorrect?

答案:Haydeninitiallyrecognizestheplantat$150000.Thecostofgrantingcredittocustomersthataretheneitherunableorunwillingtopayisknownas:

答案:BaddebtexpensesServicessuchascommercialtradetransactionsandpositionsinfinancialinvestmentsprovidedbyfinancialinstitutionsareclassifiedas

答案:agentservicesWhichofthefollowingmethodsdoestheFASBconsiderthebestindicatoroffairvaluesintheevaluationofgoodwillimpairment?

答案:MarketvalueEarningspershareisequalto:

答案:netincomedividedbytotalnumberofsharesoutstanding.Acompanyhasayear-endof31stDecember.On1stJuly2017acontractwasenteredintotosupplymaintenanceservicesoverathreeyearperiodfor￡6millionintotal.UnderIFRS15eachcompleteyearisregardedasaseparateperformanceobligation.WhichofthefollowingbestsummarisestheamounttobeincludedinrevenueunderIAS18andIFRS15intheyearended31December2017?

答案:￡1million￡0Equity,inthecontextoffinancialreporting,isbestdefinedas:

答案:ThedifferencebetweenAssetsandLiabilitiesWhenaninvestmentinanassociateisacquired,theinitialamountoftheinvestmentshouldbe

答案:recordedatcosttotheinvestor.Whenacompanypaysabill,theaccountCashwillbe__.

答案:CreditedAnincreaseintotalassets:

答案:mustbeoffsetbyanequalincreaseinliabilitiesandshareholders'equity.Thefinancialstatementshowingafirm'saccountingvalueonaparticulardateisthe:

答案:balancesheet.Theunamortizedexcessaccountis

答案:usedinallocatingtheamountspaidforeachassetandliabilitythatareaboveorbelowtheirbookvalues,especiallywhennumerousassetsorliabilitiesareinvolved.Howmightthesizeofabusinessbebestmeasured?

答案:AlloftheaboveFraudulenttradingmaybe

答案:aciviloffencecommittedbyanyemployeeDirectors’responsibilitiesareunlikelytoinclude

答案:adutyofcareDirectorsmaynotbedisqualifiedfor

答案:beingconvictedofdrunkendrivingAlldefinitionsofCorporateSocialResponsibilityrecognizethat:

答案:companieshavearesponsibilityfortheirimpactonsocietyandenvironment.Whichofthefollowingactionswillnothelpdirectorstoprotectthemselvesfromnon-compliancewiththeirobligationsandresponsibilities?

答案:includingadisclaimerclauseintheirservicecontractsWhichofthefollowingisnotonetheunderlyingprinciplesofthecorporategovernanceCombinedCodeofPractice?

答案:acceptabilityExte