ACCA F3课程主要向学员介绍了财务会计准则、相关会计科目账户建立以及准确财务信息的提供。
1. What are appropriate qualitativecharacteristics of financial information given by the IASB's ConceptualFramework for Financial Reporting?
A.Relevance, Faithfulrepresentation, Comparability, Verifiability, Timeliness and Understandability
B.Accuracy, Faithfulrepresentation, Comparability, Verifiability, Timeliness and Understandability
C.Relevance, Faithfulrepresentation, Consistency, Verifiability, Timeliness and Understandability
D.Relevance, Comparability, Consistency, Verifiability,Timeliness and Understandability
Answer:A
2.Whichof the following statements regarding partnerships is correct?
A.The partners’ individualexposure to debt is limited.
B.Financial statements for thepartnership by law must be produced and made public.
C.A partnership is not aseparate legal entity from the partners themselves.
D.A partnership makes raisingfinance easier because additional shares can be issued to raise additionalcash.
Answer:C
3. In 20X7,the profit was $39,000. The owner introduced new capital of $12,300 during theyear and made drawings of $400 per month.
If the capital at the end of 20X7 were $85,100,what was the owners’ net asset at the beginning of the year?
A.$29,000
B.$38,600
C.$29,400
D.$53,600
Answer:B