最新のFAR問題集で試験を準備する

AICPA FAR 試験概要:

AICPA FAR 試験シラバストピック:

AICPA CPA Financial Accounting and Reporting 認定 FAR 試験問題：

1. Which of the following statements best describes an operating procedure for issuing a new Financial
Accounting Standards Board (FASB) statement?

A) The exposure draft is modified per public opinion before issuing the discussion memorandum.
B) A new statement is issued only after a majority vote by the members of the FASB.
C) The emerging issues task force must approve a discussion memorandum before it is disseminated to
the public.
D) A new FASB statement can be rescinded by a majority vote of the AICPA membership.

2. On January 2, 1993, Quo, Inc. hired Reed to be its controller. During the year, Reed, working closely with
Quo's president and outside accountants, made changes in accounting policies, corrected several errors
dating from 1992 and before, and instituted new accounting policies.
Quo's 1993 financial statements will be presented in comparative form with its 1992 financial statements.
This question represents one of Quo's transactions. List A represents possible clarifications of these
transactions as: a change in accounting principle, a change in accounting estimate, a correction of an
error in previously presented financial statements, or neither an accounting change nor an accounting
error.
Item to Be Answered
During 1993, Quo determined that an insurance premium paid and entirely expensed in 1992 was for the
period January 1, 1992, through January 1, 1994.
List A (Select one)

A) Change in accounting principal.
B) Change in accounting estimate.
C) Neither an accounting change nor an accounting error.
D) Correction of an error in previously presented financial statements.

3. Which of the following statements regarding fair value is/are correct?
I. The fair value of an asset or liability is specific to the entity making the fair value measurement.
II. Fair value is the price to acquire an asset or assume a liability.
III. Fair value includes transportation costs, but not transaction costs.
IV. The price in the principal market for an asset or liability will be the fair value measurement.

A) I & II
B) III & IV
C) I & IV
D) II & III

4. What is the underlying concept that supports the immediate recognition of a contingent loss?

A) Matching.
B) Conservatism.
C) Consistency.
D) Substance over form.

5. According to the FASB conceptual framework, which of the following statements conforms to the
realization concept?

A) Product unit costs were assigned to cost of goods sold when the units were sold.
B) Equipment depreciation was assigned to a production department and then to product unit costs.
C) Cash was collected on accounts receivable.
D) Depreciated equipment was sold in exchange for a note receivable.

質問と回答：