CPA Australia CPA Financial Accounting and Reporting - Financial-Accounting-and-Reporting 模擬練習
Which form of capital market efficiency exists when share prices on the stock market reflect all information whether public or not?
正解: A
In applying accounting standards, an entity develops accounting policies that ensure that the financial statements present
正解: B
Which accounting theory is best described by the statement 'An approach to accounting is one where a theory is thought of as a body of knowledge that explains and attempts to predict actual accounting practice'?
正解: C
Which one of these concepts suggests that stock prices react to new information almost instantly?
正解: A
A decision has been made to change the value of a major non-current asset, upon which depreciation is based, from original cost to a revalued amount. This results in a change in
正解: A
Which one of the following includes social reporting guidelines?
正解: A
Which one of the following practices is not considered creative accounting?
正解: B
Investors use the audited financial statements of a company to
I)evaluate the company's current return on assets
II)predict the company's market conditions for future years.
III)predict the company's market conditions for future years.
IV)make a judgement on the liquidity and solvency of the company.
I)evaluate the company's current return on assets
II)predict the company's market conditions for future years.
III)predict the company's market conditions for future years.
IV)make a judgement on the liquidity and solvency of the company.
正解: C
Which one of the following contributes to an efficient capital market?
正解: C
Which of the following are the stated objectives of the International Accounting Standards Board (IASB)?
I)Enforce accounting standards.
II)Develop accounting standards.
III)Work for convergence of accounting standards.
I)Enforce accounting standards.
II)Develop accounting standards.
III)Work for convergence of accounting standards.
正解: A