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Financial Control of the Organization.d

Financial Control of the Organization.d — вариант 7

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12 вопросов Вариант 7 Доступ 7 дней
Содержание теста

Вопросы и варианты

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Вопрос 1

An example of a long-term tangible asset would be:

  1. office supplies.
  2. furniture
  3. investment in LQH company.
  4. patents
Вопрос 2

Long-lived tangible assets that are used in the operation of the business are called:

  1. intangible assets.
  2. natural resources.
  3. PPE
  4. goodwill
Вопрос 3

The only PPE that does not depreciate is:

  1. office supplies.
  2. furniture
  3. land
  4. patents
Вопрос 4

All amounts paid to acquire a PPE and to get it ready for its intended use are referred to as:

  1. set up costs.
  2. Expenditures
  3. maintenance expense.
  4. the cost of an asset.
Вопрос 5

Costs that would be included with the purchase of a PPE are:

  1. the sum of all of the costs incurred to bring the asset to its intended use.
  2. only costs that exceed a certain amount.
  3. only the purchase price.
  4. only the sales price.
Вопрос 6

Which of the following should be included in the cost of land?

  1. Construction cost of a parking lot
  2. Landscaping
  3. Real estate brokerage commission
  4. Lighting
Вопрос 7

Which of the following is NOT an intangible asset?

  1. Copyright
  2. Goodwill
  3. Patent
  4. Mineral rights
Вопрос 8

The cost of installing shrubbery should be recorded as:

  1. land
  2. land improvements.
  3. land maintenance expense.
  4. land improvement expense.
Вопрос 9

Although located on the land, they are subject to decay and their cost is depreciated. This is the definition of:

  1. land improvement.
  2. plant and equipment.
  3. a building.
  4. land
Вопрос 10

The cost of assets acquired in a lump-sum purchase must be allocated using which method?

  1. Book-value method
  2. Cost method
  3. Per capita method
  4. Relative-sales-value-method
Вопрос 11

The major types of transactions that affect retained earnings are:

  1. paid-in capital and ordinary shares.
  2. assets and liabilities.
  3. revenues, expenses, and dividends.
  4. revenues and liabilities.
Вопрос 12

Payables are classified as:

  1. increases in earnings.
  2. decreases in earnings.
  3. liabilities
  4. assets