Which of the following statements about an associate relationship and the use of equityaccounting is true?(1) Provision of technical information by the investor to the associate may be anindication of significant influence.(2) The equity method of accounting requires the investor to include a percentage ofevery asset and liability of the associate in the consolidated statement of financialposition.(3) Unrealised profits resulting from the sale of goods, at a profit, by the investor to theassociate will be eliminated in full on consolidation.

1 .

A Credit of $2,344 B Charge of $2,344 C Credit of $42,197 D Charge of $42,197

题型: 单选题 提问时间: 2021-08-23

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2 .DY’s trade receivables balance at 1 April 2013 was 22,000. DY’s statement of profit or lossshowed revenue from credit sales of $290,510 during the year ended 31 March 2014.DY’s trade receivables collection period at 31 March 2014 was 49 days.Assume DY’s sales occur evenly throughout the year and that all balances outstanding at 1April 2013 have been received.Also, it should be assumed all sales are on credit, there were no bad debts and no tradediscount was given.How much cash did DY receive from its customers during the year to 31 March 2014?

A $268,510 B $273,510 C $312,510 D $351,510

题型: 单选题 提问时间: 2021-08-23

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3 .The books of Eastham show the following:$Operating loss 5,000Depreciation 20,000Interest payable 10,000Net change in inventory, receivables and payables NilIn the cash flow statement, what will the net cash inflow from operating activities be?

A $5,000 B $15,000 C $25,000 D $35,000

题型: 单选题 提问时间: 2021-08-23

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4 .

A 1 and 3 only B 2, 4 and 5 only C 1, 3 and 5 only D .1, 2 and 4 only

题型: 单选题 提问时间: 2021-08-23

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5 .

A $455,500 B $457,000 C $471,000 D $537,250

题型: 单选题 提问时间: 2021-08-23

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7 .Jethro issued $500,000 6% bonds at 95 on 1 January 2013. The bond will be repaid five yearsafter issue at a premium of $100,000.The effective interest rate of this instrument is 10.5%What will be the finance expense charged to profit or loss for the year ended 31December 2014?

A $30,000 B $49,875 C $51,962 D $54,863

题型: 单选题 提问时间: 2021-08-23

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8 .

A $7,123 B $7,080 C $6,360 D $6,000

题型: 单选题 提问时间: 2021-08-23

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9 .Which of the following properties would be treated as an investment property inaccordance with IAS 40 Investment Property?(1) An office building, consisting of 100 offices, owned by an entity. The entity usesone of the offices to administer the leasing of the other 99 offices under operatingleases.(2) A property that is under construction for a specific client.(3) A piece of land that at present is vacant and the entity is uncertain about what to dowith the land.(4) A hotel that is owner-managed by the entity.

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

题型: 单选题 提问时间: 2021-08-23

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10 .

A 14.2% B 17.4% C 26.1% D 43.6%

题型: 单选题 提问时间: 2021-08-23

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