Which of the following will be of least concern to a company’s providers of loan finance?

1 .During the year Subway invoiced USD200,000 to its parent company for transfers of goods in inventory.　Transfers were made at a 25% mark-up.　At the end of the year the parent still held 60% of the goods in inventory.What adjustment should be made for unrealised profit in the consolidated financial statements for the year?

A USD16,000 B USD24,000 C USD30,000 D USD40,000

题型: 单选题 提问时间: 2021-08-22

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2 .Which of the following statements regarding the equity method of accounting is true?(1)　　　An investment in an associate is always carried at cost.(2)　　　An investor recognises its share of the associate’s profit or loss in profit or loss.

A Neither statement B Statement 1 only C Statement 2 only D Both statements

题型: 单选题 提问时间: 2021-08-22

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3 .Which of the following could provide evidence of “significant influence”?(1)　　　51% of the voting power of the investee(2)　　　interchange of management personnel(3)　　　participation in decisions about dividends(4)　　　provision of essential technical information

A 1, 2 and 3 only B 1, 2 and 4 only C 1, 3 and 4 only D 2, 3 and 4 only

题型: 单选题 提问时间: 2021-08-22

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4 .Which of the following are reasons why financial statement analysis is useful to investors?(1)　　　To monitor current investments or to plan future ones(2)　　　Because past performance is often a good indicator of future performance(3)　　　Because future trends can then be accurately predicted(4)　　　To assess the risk associated with their expected returns

A 1, 2 and 3 only B 1, 2 and 4 only C 1, 3 and 4 only D 2, 3 and 4 only

题型: 单选题 提问时间: 2021-08-22

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6 .Which of the following are true of trend analysis?(1)　　　It uses changes in monetary amount and percentage terms to identify patterns(2)　　　It concentrates on the relative size of current assets(3)　　　It examines changes over time(4)　　　It examines the relationships of percentage changes to each other

A 1 and 3 only B 1 and 4 only C 2 and 3 only D 2 and 4 only

题型: 单选题 提问时间: 2021-08-22

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7 .Which of the following are short-term liquidity ratios?(1)　　　Current ratio(2)　　　Inventory turnover(3)　　　Gearing ratio(4)　　　Quick ratio

A 1 and 3 only B 1 and 4 only C 2 and 3 only D 2 and 4 only

题型: 单选题 提问时间: 2021-08-22

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8 .Gormenghast’s current ratio has been calculated as 1.2.　However, it has now been discovered that closing inventory has been understated by USD24,000 and opening inventory has been overstated by USD24,000.　What impact have these misstatements made on the calculations of Gormenghast’s current ratio and inventory days?　　　　　　　　　　Current ratio　　　Inventory days

A 　　　　　　　　　Higher　　　　　　Higher B 　　　　　　　　　Higher　　　　　　Lower C 　　　　　　　　　Lower　　　　　　Higher D 　　　　　　　　　Lower　　　　　　Lower

题型: 单选题 提问时间: 2021-08-22

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9 .In a period of rising prices Andreas has decided to value inventory on a LIFO rather than　FIFO basis although inventory levels remain unchanged.What impact does this decision have on the gross margin and current ratio?　　　　　　　　Gross margin　　　　　　Current ratio

A 　　　　　　　Higher　　　　　　　　Higher B 　　　　　　　Higher　　　　　　　　Lower C 　　　　　　　Lower　　　　　　　　Higher D 　　　　　　　Lower　　　　　　　　Lower

题型: 单选题 提问时间: 2021-08-22

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10 .能够切割不锈钢、铝、铜、铸铁、陶瓷和水泥等材料的切割方法为（　）。

A 氧熔剂切割 B 碳弧气割 C 等离子弧切割 D 激光切割

题型: 单选题 提问时间: 2021-08-22

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