[单选题] 提问人:匿名网友 提问时间:2021-08-24

The residual interest in the assets of the entity after deducting all its liabilities.What is represented by the residual?


A .Income
B .Profit
C .Gains
D .Equity

提问人:匿名网友 提问时间:2021-08-24

参考答案(由小熊题库网聘请的专业题库老师提供的解答)

请点击↑↑↑ 查看官方参考答案 按钮

习题解析

请点击 查看官方参考答案 按钮

您可能感兴趣的题目


1 .The IASB’s Conceptual Framework for Financial Reporting (the Conceptual Framework) sets out the concepts that underlie the preparation and presentation of financial statements for external users.According to the Conceptual Framework, which of the following describes the inclusion of an amount in the financial statements”?

A Disclosure B Faithful presentation C Measurement D Recognition

题型: 单选题 提问时间: 2021-08-24

2 .Which of the following statements is correct?

A Profit is the amount by which the value of assets only have increased during the year B Profit is the amount by which the value of liabilities only have decreased during the year C Profit is not related to changes in the value of assets and liabilities D Profit is the amount by which the increase ...

题型: 单选题 提问时间: 2021-08-24

3 .In the last financial year, Cuchabee issued an invoice for USD28,900 for the sale of a non-current asset with a carrying amount of USD27,600.What was the effect of this transaction on the company’s assets, liabilities and capital and reserves?

A Assets: Unchanged; Liabilities: Reduced; Capital and reserves: Increased B Assets: Increased; Liabilities: Unchanged; Capital and reserves: Increased C Assets: Increased; Liabilities: Reduced; Capital and reserves: Increased D Assets: Reduced; Liabilities: Unchanged; Capital and reserves: ...

题型: 单选题 提问时间: 2021-08-24

4 .The assistant accountant of Exior prepared the first draft of the company’s year-end financial statements. When the accountant reviewed the draft, the calculation of an accrued expense needed to be revised upwards, leading to an increase in the expenses charged to profit or loss.Which of the following statements correctly describes the effect of the revision in the statement of financial position?

A Liabilities are decreased B Assets are increased C Assets and liabilities are unaffected D Net assets are decreased

题型: 单选题 提问时间: 2021-08-24

5 .Following the preparation of the financial statements, the accountant of Tamore has discovered that the depreciation charge has been overstated.When the depreciation charge is corrected, how are the elements of the financial statements affected?

A Assets: Increased; Liabilities: Decreased; Equity s: Unchanged B Assets: Decreased; Liabilities: Increased; Equity: Increased C Assets: Decreased; Liabilities: Unchanged; Equity: Decreased D Assets: Increased; Liabilities: Unchanged; Equity: Increased

题型: 单选题 提问时间: 2021-08-24

7 .What is defined by the following statement?“A resource controlled by an entity as a result of past events and from which future economic benefits are expected to flow to the entity.”

A Income B An expense C A liability D An asset

题型: 单选题 提问时间: 2021-08-24

8 .Which TWO of the following statements regarding the accruals basis are correct?(1) Income and expenses are recorded in the financial statements in the periods to which they relate(2) All expenses but not income are recognised and accrued for(3) The effects of transactions and other events are recognised when they occur(4) Revenue is recognised when it can be matched with expenditure incurred

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

题型: 单选题 提问时间: 2021-08-24

9 .OC signed a contract to provide office cleaning services to PQ for one year from 1 October 2015 for USD500 per month.The contract required PQ to make a single payment to OC for all 12 months at the beginning of the contract.OC received USD6,000 on 1 October 2015.What amount of revenue should OC recognise in its statement of profit or loss for the year ended 31 March 2016?

A USDnil B USD300 C USD3,000 profit D USD6,000 profit

题型: 单选题 提问时间: 2021-08-24

10 .IAS 18 Revenue sets out criteria for the recognition of revenue from the sale of goods.Which of the following criteria are specified by IAS 18 for recognising revenue from the sale of goods?(1) The seller no longer retains any influence or control over the goods(2) The cost to the seller can be measured reliably(3) The buyer has paid for the goods(4) The significant risks and rewards of ownership have been transferred to the buyer

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

题型: 单选题 提问时间: 2021-08-24

 
如有问题 请联系客服
  • 客服微信