2065438+03+00 June National Higher Education Self-taught Examination.
Advanced financial accounting examination questions
Course code: 00 159
Candidates are required to scribble the answers to all questions on the answer sheet with pens as required.
Multiple choice problem section
Precautions:
1. Before answering the questions, candidates must fill in their examination course name, name and admission ticket number in the position specified in the answer sheet with a black pen or signature pen.
2. After selecting the answer to each question, black the answer label of the corresponding question on the answer sheet with 2B pencil. If you need to change it, clean it with an eraser, and then choose to apply other answer labels. I can't answer on the test paper.
First, multiple-choice questions (20 small questions in this big question, 65438+ 0 points for each small question, 20 points * * *)
Of the four options listed in each question, only one meets the requirements of the topic. Please select and black the code corresponding to "Answer Sheet". Wrong coating, too much coating or no coating do not score.
1. The foreign currency business of a company is converted at the spot exchange rate on the trading day, and the exchange gains and losses are calculated on a monthly basis. On May 20th, accounts receivable due to product sales amounted to 5 million euros, and the spot exchange rate on that day was 1 euro = 10.30 RMB. May 3 1 The spot exchange rate is 1 Euro = 10.28 RMB; June 1 The spot exchange rate is 1 Euro = 10.32 RMB; On June 30th, the spot exchange rate was 1 Euro = 10.35 RMB. Accounts receivable were received in July 10, and the spot exchange rate on that day was 1 Euro = 10.34 RMB. The exchange gains that the company should confirm in June are RMB.
A. 65438+ 10,000 yuan B. 1.5 million yuan
C.25 million yuan D.35 million yuan
2. When China enterprises translate the financial statements of overseas operations, the translation difference of foreign currency statements generated is
A. It's listed as deferred revenue B. It is listed under the relevant asset category items.
C. it is listed under related liabilities. D. separately listed under owner's equity.
3.201July 10, an enterprise purchased an available-for-sale financial asset, the acquisition cost was 5 million yuan, and its fair value was 4 million yuan on February 3 10. The income tax rate is 25%. At the end of 20 10, the accounting treatment of the income tax impact of this financial asset is as follows
A. The deferred income tax liability of 250,000 yuan shall be confirmed. B. Deferred income tax assets of 250,000 yuan shall be recognized.
C. Deferred income tax assets of 250,000 yuan shall be transferred back. D. Deferred income tax liabilities of 250,000 yuan should be reversed.
4. Among the following items, those that do not belong to the information disclosure of listed companies are
A. Prospectus B. Annual report
C. Listing Announcement D. Measures for the Administration of the Company
5. Among the following items, those that belong to the listing announcement but are not the main contents of the prospectus are
A. Introduction of the sponsor B. Purpose of raising funds
C. Horizontal competition and related party transactions D. Production and operation since its establishment
6. Regarding the accounting treatment of the lessee's lease business, the following practices are correct.
A depreciation of leased fixed assets is regarded as own assets.
B the initial direct expenses incurred by the lessee shall be included in the cost of the leased asset.
C the leased assets on the lease start date are not accounted as enterprise assets.
D when the contingent rent actually occurs, it is included in the capital reserve.
7. In the following projects, basic financial instruments include
A.b. fixed assets
C. Intangible assets D. Biological assets
8. The following items are not financial options, they are
A. Foreign exchange options B. Currency options
C. Interest rate options D. Stock options
9. Company A issued 65,438+000,000 shares to Company B, and obtained 80% equity of Company B. The legal person qualifications of Company A and Company B remain unchanged. This way of merging is
A. Horizontal integration B. Newly established mergers
C. Absorption merger D. Holding merger
1 0.201June1day, Company A absorbed and merged Company B with the land use right with book value of 900,000 yuan and fair value of 960,000 yuan. On the merger date, the book value of Company B's identifiable net assets was 930,000 yuan and its fair value was 940,000 yuan, and it was merged into an enterprise not under the same control. Company A shall confirm that the consolidated goodwill is
A.20,000 yuan B.30,000 yuan
C.40,000 yuan D.60,000 yuan
11.Company A and Company B are two independent companies. Company C and Company B are subsidiaries of Company A, while Company D, Company E and Company B are subsidiaries of Company B. In the following mergers, those that are not under the same control are
The merger of A.A and d.
C. merge d. merge d.
12. Among the following items, those that cannot reflect the characteristics of consolidated financial statements are
A. using a unique compilation method
B. compiled by the controlling parent company.
C. summarize the individual statements of the parent company and subsidiaries.
D. The subjects reflected are only compound accounting subjects in the sense of economics.
13. When preparing consolidated financial statements, the financial statement items that do not involve offsetting unrealized profits from internal transactions of fixed assets are as follows
A. Operating income B. Financial expenses
C. Non-operating income D. Undistributed profit-beginning of the year
14. During the period of inflation, the following statement is correct.
A. the loss of purchasing power will occur in monetary liabilities.
B. the purchasing power of monetary assets will continue to rise.
Currency items will be affected by price changes.
D historical cost accounting must be replaced by inflation accounting.
15. Under the general price level accounting, the "base period" in the "base period general price index" for adjusting the original value of fixed assets and accumulated depreciation items refers to
A. At the beginning of the reporting period B. At the end of the reporting period
C. When purchasing fixed assets D. When selling fixed assets
16. When adjusting monetary items in general price level accounting, what needs to be adjusted is
A. Nominal amount at the beginning B. Nominal amount at the end of the period
C. Opening equivalent amount D. Ending equivalent amount
17. The practice that the inflated value of deposited assets is not included in the income statement belongs to
A. Maintenance of material capital B. Maintenance of financial capital
C. Maintenance of equivalent currency D. Maintenance of currency purchasing power
18. Among the following statements about inflation accounting, the correct one is
A under the current cost accounting model, it is necessary to calculate the profit and loss of physical assets.
B under the general price level accounting mode, it is necessary to calculate the profit and loss of non-monetary items.
C. Under the current cost/equivalent currency accounting model, there is no need to calculate purchasing power gains and losses and holding gains and losses.
D. Supplementary depreciation expenses need to be calculated under the general price level accounting and the current cost/equivalent currency accounting mode.
19. Among the following items, those that do not belong to enterprise bankruptcy procedures are
A.b. Reconciliation and reorganization
C. Bankruptcy audit D. Bankruptcy application and acceptance
20. In the following items, the liquidation accounting work includes
A. filing for bankruptcy B. setting up a liquidation group
C. Convene creditors' meeting D. Accounting and supervising the distribution of surplus property
Second, multiple-choice questions (this big question * * 10 small questions, 2 points for each small question, ***20 points)
At least two of the five options listed in each question meet the requirements of the topic. Please select them and black out the corresponding codes on the Answer Sheet. Wrong painting, too many paintings, less paintings or no paintings, all have no scores.
2 1. In the following items, there will be taxable temporary differences.
A. Provision for inventory depreciation
B. Prepayment of after-sales warranty expenses of products
Accounting depreciation is less than the depreciation stipulated in the tax law.
D the depreciation accrued by the accountant is greater than that stipulated by the tax law.
E the market price of trading financial assets acquired at the end of the period is higher than their book value.
22. Among them, the forms of accounting information disclosure in the operating stage of listed companies are
A. Annual report B. Interim report
C. Major event report D. Company acquisition announcement
E. content description
23. According to the provisions of China's accounting standards, the contents of interim financial reports should at least include
A. Note B. Income statement
C. Balance sheet D. Cash flow statement
E. statement of changes in owner's equity
24. The following interest rates can be used as the discount rate for the lessee to calculate the present value of the minimum lease payment.
A. Lease interest rate B. Interest rate of national debt in the same period
C. Interest rate of bank loans in the same period D. Interest rate of bank deposits in the same period
E. interest rate stipulated in the lease contract
25. For hedge accounting, the subjects to be set are as follows
A. Hedging instruments B. Hedging gains and losses
C. Derivatives D. Hedging projects
E. gains and losses from changes in fair value
26. When preparing consolidated financial statements on the day of obtaining control, the following items are offset with the long-term equity investment of the parent company.
A. Capital reserve B. Investment income
C. Paid-in capital D. Surplus reserve
E. Profit and loss of minority shareholders
27. Among the offsets of the following internal transactions, the items that do not affect "undistributed profit-year-beginning" are
A. Depreciation expense accrued for fixed assets formed by internal transactions in this period.
B. Depreciation expense accrued for fixed assets formed by previous internal transactions.
C unrealized internal profits in fixed assets formed by internal transactions in the current period
D unrealized internal profits contained in inventories formed by internal transactions in previous periods
E unrealized internal profits included in intangible assets formed by internal transactions in previous periods.
28. Regarding the development of inflation accounting to traditional financial accounting methods, the following statement is correct.
A. establish a complete current cost accounting account book system.
B. Need to prepare financial statements reflecting the impact of inflation
C most inflation accounting models have their own account systems.
D. The inflation accounting model does not need to set up special accounting subjects.
E. The current cost/equivalent currency accounting model cancels the profit and loss account.
29. In the original accounts of the following bankrupt enterprises, the balance is directly transferred to the "liquidation profit and loss" account.
A. Paid-in capital B. Capital reserve
C. Taxes payable D. Long-term deferred expenses
E. Loss and overflow of pending property
30. In the following statements, those that do not belong to liquidation financial statements are
A. Liquidation income statement B. Debt settlement statement
C. Liquidation cash flow statement D. Liquidation balance sheet
E. Statement of changes in liquidation owner's equity
Non-multiple choice part
Precautions:
Write the answers on the answer sheet with a black pen or signature pen, not on the test paper.
Three, short answer questions (this big topic ***2 small questions, 5 points for each small question, *** 10)
3 1. How should derivative financial instruments be presented in the financial statements?
32. Briefly describe the identification standards of financial leasing business.
Four, accounting questions (this big question ***5 small questions, each small question 10 points, ***50 points)
33.2010121,Company A exported a batch of self-produced goods at the selling price of100,000 USD, and handled the delivery procedures. The spot exchange rate of the day is 1 USD =7 yuan RMB, and it is agreed to be February 20th11. Assuming that the relevant taxes and fees are not considered, the daily exchange rate of 20 1 0 65438+February 3/kloc-0 is 1 USD =6.80 RMB, and 201February1USD =6.70 RMB.
Requirements: Make relevant accounting entries for the above businesses on the trading day, reporting day and settlement day according to the single transaction view and two transaction views respectively.
34.20 10 Company A has a total profit of 6 million yuan, and the applicable income tax rate is 25%. In the related transactions and events that occurred in that year, the differences between accounting treatment and tax treatment are as follows:
(1) Late payment of taxes150,000 yuan.
(2) The long-term equity investment of Company A is accounted by the equity method, and the investment income of that year is 65,438+000,000 yuan, and the applicable income tax rate of Company B is 25%.
(3) At the end of the year, 350,000 yuan of intangible assets impairment reserve is accrued.
(4) The cost of a transactional financial asset acquired in that year was 2 million yuan, and the fair value at the end of the year was 2.8 million yuan. According to the provisions of the tax law, changes in the fair value of trading financial assets during the holding period are not included in taxable income.
(5) At the end of the year, 500,000 yuan is reserved for the 65,438+0-year warranty promised for selling goods. According to the provisions of the tax law, expenses related to after-sales service of products are allowed to be deducted when they actually occur.
Requirements: (1) Calculate the income tax payable.
(2) Calculate deferred income tax assets and deferred income tax liabilities.
(3) Calculate income tax expenses.
(4) Prepare relevant accounting entries.
35. A company rented a brand-new production equipment by means of financial leasing, and the relevant information is as follows:
(1) The lease start date is 65438+February 3, 20091. The lease term is 3 years, and the rent is 600,000 at the end of each year.
(2) The fair value and book value of the equipment on the lease start date are 65,438+0,200,000 yuan.
(3) When the lease expires, Company A enjoys the preemptive right to purchase the equipment, with the purchase price of 65,438+000,000 yuan and the expected fair value at maturity of 600,000 yuan.
(4) The expected service life of the equipment is 5 years, and there is no residual value at the expiration, so the depreciation is accrued by the life average method.
(5) Assume that the present value of the minimum lease payment on the lease start date is 65,438+0,65,438+0,400,000 yuan.
Requirements: (1) Determine the entry value of leased assets and prepare relevant accounting entries.
(2) Calculate the depreciation accrued at 20 10 and prepare relevant accounting entries.
(3) When the lease expires on February 365438+2002+ 1, prepare accounting entries for retaining the leased assets.
On October 0, 2000, 36.2065438+65438/kloc-0 +0, Company A issued10.40 million shares in 0 yuan at the price of 2 yuan per share, absorbed and merged Company B, and paid a commission of 30,000 yuan from the bank deposit. Assuming that this merger is a business combination under the same control, the relevant procedures for asset transfer and equity transfer have been completed on the day of merger without considering other factors. Before the merger, the balance sheets of both parties are as follows:
Requirements: (1) Prepare accounting entries for the merger of Company A and Company B.
(2) Calculate the amount of each component of owner's equity and the total owner's equity of Company A after the merger. ..
37.20 10 The following internal transactions occurred between Company A and its subsidiary Company B:
(1) At the beginning of 2010, Company A purchased long-term bonds issued by Company B at par value as held-to-maturity investment. The face value of the bond is 900,000 yuan and the annual interest rate is 5%. At the end of the year, both Company A and Company B shall accrue interest.
(2) On May 9, 2065438+00, Company A sold commodity A to Company B at a price of 48,000 yuan, with a gross profit margin of 20%. By the end of the year, the money has not been recovered (assuming that the provision for bad debts is not included). In that year, 30,000 yuan of the A goods purchased by Company B from Company A had been sold, and the rest had not been sold.
Requirements: According to the above information, prepare the offset entries in the 20 10 consolidated working paper of A company.