资源描述：
《江西财经大学高级财务会计国际学院题库chapter_01》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。
1、AdvancedAccounting,11e(Beams/Anthony/Bettinghaus/Smith)Chapter1BusinessCombinationsMultipleChoiceQuestions1)Whichofthefollowingisnotareasonforacompanytoexpandthroughacombination,ratherthanbybuildingnewfacilities?A)Acombinationmightprovidecostadvantages.B)Acombination
2、mightprovidefeweroperatingdelays.C)Acombinationmightprovideeasieraccesstointangibleassets.D)Acombinationmightprovideanopportunitytoinvestinacompanywithouthavingtotakeresponsibilityforitsfinancialresults.Answer:DObjective:LO1Difficulty:Easy2)Abusinessmergerdiffersfrom
3、abusinessconsolidationbecauseA)amergerdissolvesallbutoneofthepriorentities,butaconsolidationdissolvesallofthepriorentities.B)aconsolidationdissolvesallbutoneofthepriorentities,butamergerdissolvesallofthepriorentities.C)amergeriscreatedwhentwoentitiesjoin,butaconsolid
4、ationiscreatedwhenmorethantwoentitiesjoin.D)aconsolidationiscreatedwhentwoentitiesjoin,butamergeriscreatedwhenmorethantwoentitiesjoin.Answer:AObjective:LO2Difficulty:Easy3)Followingtheaccountingconceptofabusinesscombination,abusinesscombinationoccurswhenacompanyacqui
5、resanequityinterestinanotherentityandhasA)atleast20%ownershipintheentity.B)morethan50%ownershipintheentity.C)100%ownershipintheentity.D)controlovertheentity,irrespectiveofthepercentageowned.Answer:DObjective:LO2Difficulty:Easy4)Historically,muchofthecontroversyconcer
6、ningaccountingrequirementsforbusinesscombinationsinvolvedthe________method.A)purchaseB)poolingofinterestsC)equityD)acquisitionAnswer:BObjective:LO2Difficulty:Easy25Copyright©2012PearsonEducation,Inc.PublishingasPrenticeHall5)PitchCo.paid$50,000infeestoitsaccountantsa
7、ndlawyersinacquiringSlopeCompany.Pitchwilltreatthe$50,000asA)anexpenseforthecurrentyear.B)apriorperiodadjustmenttoretainedearnings.C)additionalcosttoinvestmentofSlopeontheconsolidatedbalancesheet.D)areductioninadditionalpaid-incapital.Answer:AObjective:LO3,4Difficult
8、y:Moderate6)PicassoCo.issued5,000sharesofits$1parcommonstock,valuedat$100,000,toacquiresharesofSeuratCompanyinanall-stocktransactio
