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

1 .Gonzo acquired 80% of the share capital of Bamboo a number of years ago.　Bamboo has issued 200,000 USD1 shares which had a market price of USD3.10 on acquisition.　The carrying value of Bamboo’s net assets today is USD650,000, this is USD50,000 higher than it was on acquisition.What amount should be shown for non-controlling interest in Gonzo’s consolidated statement of financial position today?

A USD120,000 B USD124,000 C USD130,000 D USD134,000

题型: 单选题 提问时间: 2021-08-22

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2 .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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3 .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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5 .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 will be of least concern to a company’s providers of loan finance?

A Current share price B Profitability C Short-term liquidity D Solvency

题型: 单选题 提问时间: 2021-08-22

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7 .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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8 .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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