F1 試験問題を無料オンラインアクセス

Which of the following would NOT be a source of taxation rules for a country?

• A.International accounting standards
• B.Directives from international bodies
• C.Precedents based on previous legislation
• D.Double tax treaties

Which of the following would be the most immediate impact of overtrading?

• A.An inability to pay trade payables.
• B.A shortage of inventory
• C.An inability to pay dividends to shareholders.
• D.Having to offer bulk discounts to customers.

EF purchased an asset on 1 September 20X4 for $800,000, exclusive of import duties of $30,000. EF is resident in country Y where indexation is allowed on purchase costs when the asset is disposed of.
EF sold the asset on 31 August 20X9 for $1,500,000 incurring transaction charges of $20,000. The indexation factor increased by 40% in the period from 1 September 20X4 to 31 August 20X9.
Capital gains are taxed at 30%.
What is the tax due on disposal of the asset?

• A.$108,000
• B.$101,400
• C.$95,400
• D.$102,600

Which of the following is NOT a responsibility of the International Accounting Standards Board?

• A.Final approval of interpretations by the international financial reporting interpretations committee.
• B.Withdrawal of international accounting reporting standards.
• C.Preparation of international financial reporting standards.
• D.Fundraising for the international accounting standards committee foundation.

Which of the following is NOT a source of short-term finance?

• A.Debt factoring
• B.Increase in trade receivables
• C.Increase in trade payables
• D.Increase in a bank overdraft