T7 試験問題を無料オンラインアクセス

Why is accounting for short-term employee benefits generally a straightforward process?

• A.Because short-term employee benefits are not provided in exchange for the service of the employee
• B.Because no actuarial assumptions are required to measure the obligation or cost and there is no possibility of any actuarial gain or loss
• C.Because short-term employee benefit obligations are measured on a discounted basis
• D.Because the employer is required to incorporate actuarial assumptions into measurement of the obligation and the expenses

How do noncurrent assets (long-term assets) differ from current assets?

• A.Noncurrent assets cannot be easily converted to cash within a year
• B.Noncurrent assets are not affected by the fiscal year
• C.Noncurrent assets can only be converted to cash until the subsequent fiscal year
• D.Noncurrent assets cannot be easily converted to cash within two years

What is one of the primary purposes of the International Accounting Standards Board (IASB)?

• A.To align US standards and International Accounting Standards Board (IASB) standards
• B.To develop a single set of high quality and enforceable global accounting standards
• C.To appoint Standards Advisory Council (SAC) members
• D.To monitor International Accounting Standards Board (IASB) effectiveness

Employee benefits that are payable after the completion of employment are considered what kind of benefits?

• A.Short-term benefits
• B.Long-term benefits
• C.Termination benefits
• D.Post-employment benefits

What is the reconciliation of the beginning and ending balances of stockholders' equity accounts called?

• A.Statement of Income
• B.Statement of Financial Position
• C.Statement of Cash Flows
• D.Statement of Stockholders' Equity