第1题
Which of the following accounting treatments correctly applies the principle of faithful representation?
A.Reporting a transaction based on its legal status rather than its economic substance
B.Excluding a subsidiary from consolidation because its activities are not compatible with those of the rest of the group
C.Recording the whole of the net proceeds from the issue of a loan note which is potentially convertible to equity shares as debt (liability)
D.Allocating part of the sales proceeds of a motor vehicle to interest received even though it was sold with 0% (interest free) finance
第2题
Which of the following elements should be recognised in the financial statements of an entity in the manner described?
A.As a non-current liability: a provision for possible hurricane damage to property for a company located in an area which experiences a high incidence of hurricanes
B.In equity: irredeemable preference shares
C.As a trade receivable: an amount of $10,000 due from a customer which has been sold (factored) to a finance company with no recourse to the seller
D.In revenue: the whole of the proceeds from the sale of an item of manufactured plant which has to be maintained by the seller for three years as part of the sale agreement
第3题
A.quality
B.feature
C.character
D.courage
第4题
A.productive…receptive
B.receptive … productive
C.receptive…receptive
D.productive…productive
第5题
A. as twice fast
B. as fast as twice
C. as twice as fast
D. twice as fast
第7题
In learning a foreign language, various forms of practice are good().
A.disciplines
B.theories
C.techniques
D.skills
第8题
A.nor
B.not
C.as
D.yet