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最新的 CPA Certification Financial-Accounting-Reporting 免費考試真題:
1. Which of the following should be disclosed in a summary of significant accounting policies?
I. Management's intention to maintain or vary the dividend payout ratio.
II. Criteria for determining which investments are treated as cash equivalents.
III. Composition of the sales order backlog by segment.
A) I and III.
B) II and III.
C) II only.
D) I only.
2. At December 31, 1998, Off-Line Co. changed its method of accounting for demo costs from writing off the costs over two years to expensing the costs immediately. Off-Line made the change in recognition of an increasing number of demos placed with customers that did not result in sales. Off-Line had deferred demo costs of $500,000 at December 31, 1997, $300,000 of which were to be written off in 1998 and the remainder in 1999. Off-Line's income tax rate is 30%. In its 1998 financial statements, what amount should Off-Line report as cumulative effect of change in accounting principle?
A) $0
B) $500,000
C) $200,000
D) $350,000
3. The following question is based on the following:
Vane Co.'s trial balance of income statement accounts for the year ended December 31, 2002, included the following:
Vane's income tax rate is 30%.
In Vane's 2002 multiple-step income statement, what amount should Vane report as income from continuing operations?
A) $147,000
B) $126,000
C) $140,000
D) $129,500
4. Which of the following should be disclosed for each reportable operating segment of an enterprise?
A) Option B
B) Option C
C) Option A
D) Option D
5. Taft Corp. discloses supplemental industry segment information. The following information is available for 1992:
Additional 1992 expenses, not included above, are as follows:
Indirect operating expenses $7,200
General corporate expenses 4,800
Segment C's 1992 operating profit was:
A) $3,200
B) $2,600
C) $5,000
D) $2,000
問題與答案:
問題 #1 答案: C | 問題 #2 答案: A | 問題 #3 答案: C | 問題 #4 答案: C | 問題 #5 答案: C |
113.88.234.* -
已經成功的通過了Financial-Accounting-Reporting考試,打算在購買GRE-Verbal,能給我折扣嗎?我希望它很便宜。