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：

問題 #1

During 1990, Fuqua Steel Co. had the following unusual financial events occur:
. Bonds payable were retired five years before their scheduled maturity, resulting in a $260,000 gain.
Fuqua has frequently retired bonds early when interest rates declined significantly.
. A steel forming segment suffered $255,000 in losses due to hurricane damage. This was the fourth
similar loss sustained in a 5-year period at that location.
. A component of Fuqua's operations, steel transportation, was sold at a net loss of $350,000.
This was Fuqua's first divestiture of one of its operating segments.
Before income taxes, what amount should be disclosed as the gain (loss) from extraordinary items in
1 990?

A. $(90,000)
B. $5,000
C. $(350,000)
D. $0

問題 #2

FASB Interpretations of Statements of Financial Accounting Standards have the same authority as the
FASB:

A. Statements of Financial Accounting Concepts.
B. Emerging Issues Task Force Consensus.
C. Technical Bulletins.
D. Statements of Financial Accounting Standards.

問題 #3

On June 30, 1991, Mill Corp. incurred a $100,000 net loss from disposal of a component of a business.
Also, on June 30, 1991, Mill paid $40,000 for property taxes assessed for the calendar year 1991. What
amount of the foregoing items should be included in the determination of Mill's net income or loss for the
six-month interim period ended June 30, 1991?

A. $120,000
B. $70,000
C. $90,000
D. $140,000

問題 #4

On January 1, 20X1, Pell Corp. purchased a machine having an estimated useful life of 10 years and no
salvage. The machine was depreciated by the double declining balance method for both financial
statement and income tax reporting. On January 1, 20X6, Pell changed to the straight-line method for
financial statement reporting but not for income tax reporting. Accumulated depreciation at December 31,
2 0X5, was $560,000. If the straight-line method had been used, the accumulated depreciation at
December 31, 20X5, would have been $420,000. Pell's enacted income tax rate for 20X6 and thereafter is
3 0%. The amount shown in the 20X6 income statement for the cumulative effect of changing to the
straight-line method should be:

A. $0.
B. $98,000 credit.
C. $98,000 debit.
D. $140,000 credit.

問題 #5

Rock Co.'s financial statements had the following balances at December 31:

What amount should Rock report as comprehensive income for the year ended December 31?

A. $570,000
B. $400,000
C. $420,000
D. $520,000

解説：