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Financial-Accounting-and-Reporting PDF DEMO:

QUESTION NO: 1
Which one of the following practices is not considered creative accounting?
A. trading in derivatives
B. profit smoothing
C. aggressive earnings management
D. window dressing
Answer: A

QUESTION NO: 2
Which one of these is a key principle of good corporate governance?
A. non-disclosure of directors' agency relationship with the company
B. effective management of the employees of the company
C. restriction of shareholders' rights in decision-making
D. effective communication with shareholders
Answer: D

QUESTION NO: 3
Which one of the following bodies makes accounting standards in Australia?
A. AASB
B. FRC
C. IASB
D. ASIC
Answer: A

QUESTION NO: 4
Which one of the following statements is not correct in respect of manual accounting systems?
A. Productivity in manual systems is lower than computer systems.
B. Risk of error is greater and the quality of outputs is inferior.
C. It is easy to make corrections.
D. They are bulky to store compared to computer systems.
Answer: C

QUESTION NO: 5
The International Accounting Standards Board's Conceptual Framework for Financial Reporting for the preparation and presentation of financial statements is concerned with the information needs of most users, but not for each possible user.
Which one of the following stakeholders would not be one of the users that the Conceptual
Framework is concerned about?
A. governments and regulatory bodies
B. members of the public who have small investment holdings in the company
C. a company's executive management
D. potential investors in the company
Answer: C

目前CPA Australia的Microsoft SC-400認證考試真的是一門人氣很高的考試。 你現在正在為了尋找CPA Australia的Microsoft AZ-104認證考試的優秀的資料而苦惱嗎?不用再擔心了,這裏就有你最想要的東西。 Alcatel-Lucent 4A0-100 - 那麼,應該怎麼辦才好呢?沒關係。 Salesforce MKT-101 - 这是经过很多人证明过的事实。 您是否感興趣想通過PECB ISO-IEC-27001-Lead-Implementer考試,然后開始您的高薪工作?Royalholidayclubbed擁有最新研發的題庫問題及答案,可以幫助數百萬的考生通過PECB ISO-IEC-27001-Lead-Implementer考試并獲得認證。

Updated: May 28, 2022

 

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