题目来源于：法宣在线题库助手（https://gongxuke.net/）

OnJanuary2,Year1,MarxCo.aslesseesignedafive-yearnoncancelableequipmentleasewithannualpaymentsofUSD200,000beginningDecember31,Year1.Marxtreatedthistransactionasacapital(finance)lease.Thefiveleasepaymen

A、USD0

B、USD48,400

C、USD75,800

D、USD55,800

正确答案：公需科目题库搜索

答案解析：Question3of62Choice”c”iscorrect.TheleasetermbeganJanuary2,Year1onaleasevaluedatUSD758,000.ThefirstpaymentofUSD200,000wasmadeonDecember31,Year1.Sincetheinterestrateis10%andoneyearhasexpired,MarxCo.’sin

Afirm’sendinginventorybalancewasoverstatedbyUSD1,000.Whichofthefollowingstatementsiscorrectaccordingtoaperiodicinventorysystem?

A、ThecostofgoodssoldwasoverstatedbyUSD1,000.

B、ThegrossmarginwasunderstatedbyUSD1,000.

C、ThecostofgoodsavailableforsalewasoverstatedbyUSD1,000.

D、TheretainedearningswereoverstatedbyUSD1,000.

正确答案：公需科目题库搜索

答案解析：CPA-08565Choice“d”iscorrect.AnendinginventorybalancethatisoverstatedbyUSD1,000impliesthatcostofgoodssoldisunderstatedbythesameUSD1,000.AnunderstatedcostofgoodssoldleadstoanoverstatementofUSD1,000innet

WhichofthefollowingisacharacteristicofacapitalleaseunderU.S.GAAP?

A、Thefutureobligationdoesnotappearinthebalancesheetofthelessee.

B、Thepresentvalueoftheminimumleasepaymentsatthebeginningoftheleasetermis75%ormoreofthefairvalueofthepropertyattheinceptionofthelease.

C、Theleasecontainsabargain-purchaseoption.

D、Theleasetermissubstantiallylessthantheestimatedeconomiclifeoftheleasedproperty.

正确答案：公需科目题库搜索

答案解析：CPA-05699Choice”c”iscorrect.Aleasethatcontainsabargain-purchaseoptionwillbeaccountedforbythelesseeasacapitallease.Atleastoneofthefollowingcriteriamustbemetforaleasetobecapitalized:?Ownershiptransferat

KobyCo.enteredintoacapitalleasewithavendorforequipmentonJanuary2forsevenyears.Theequipmenthasnoguaranteedresidualvalue.TheleaserequiredKobytopayUSD500,000annuallyonJanuary2,beginningwiththecurrentyear

A、USD3,500,000

B、USD500,000

C、USD825,000

D、USD2,675,000

正确答案：公需科目题库搜索

答案解析：CPA-05204Choice”d”iscorrect.Theamounttobecapitalizedforacapitalleaseisthepresentvalueoftheminimumleasepayments.Inthisquestion,theminimumleasepaymentsareUSD500,000andthepresentvaluefactoris5.35.Thepres

CantorCo.purchasedacoalmineforUSD2,000,000.ItcostUSD500,000topreparethecoalmineforextractionofthecoal.Itwasestimatedthat750,000tonsofcoalwouldbeextractedfromthemineduringitsusefullife.Cantorplannedtos

A、USD3.30

B、USD3.20

C、USD2.60

D、USD2.50

正确答案：公需科目题库搜索

答案解析：CPA-05212Choice”b”iscorrect.Inthisquestion,thetotalcostofthemineisthepurchaseprice(USD2,000,000)plusthepreparation(USD500,000),netoftheanticipatedsalespriceattheendofitsusefullife(USD100,000).Thetotal

OnJanuary1,Year1,FrostCo.enteredintoatwo-yearleaseagreementwithAnanzCo.tolease10newcomputers.TheleasetermbeginsonJanuary1,Year1andendsonDecember31,Year2.TheleaseagreementrequiresFrosttopayAnanztwoannu

A、OwnershipofthecomputersremainswithAnanzthroughouttheleasetermandaftertheleaseends.

B、rostdoesnothavetheoptionofpurchasingthecomputersattheendoftheleaseterm.

C、ThefairvalueofthecomputersonJanuary1,Year1isUSD14,000.

D、Theeconomiclifeofthecomputersisthreeyears.

正确答案：公需科目题库搜索

答案解析：CPA-05237Choice”c”iscorrect.ForalesseetoaccountforaleaseasacapitalleaseunderU.S.GAAP,thetermsoftheleasemustmeetatleastoneofthecapitalleasecriteria:?Ownershiptransfersattheendofthelease?Writtenoptionfo

Acompanyhasthefollowingliabilitiesatyearend:

A、USD16,000

B、USD0

C、USD41,000

D、USD191,000

正确答案：公需科目题库搜索

答案解析：CPA-05690Choice”a”iscorrect.TheUSD16,000currentportionofthemortgage-notepayablemustbereportedasacurrentliability.Thenon-currentportionofthemortgage-notepayable,theshort-termdebtthatisbeingrefinancedwi

AfixedassethasacostofUSD12,000andasalvagevalueofUSD3,000.Theassethasathree-yearlife.IfdepreciationinthethirdyearamountedtoUSD1,500,whichdepreciationmethodwasused?

A、ouble-declining-balance.

B、Sum-of-the-years-digits.

C、Straight-line.

D、Unitsofproduction.

正确答案：公需科目题库搜索,华医网助手微-信:xzs9529

答案解析：CPA-05107Choice”b”iscorrect.Sum-of-the-years-digits:3+2+1=6.Thirdyear=1/6xUSD9,000=USD1,500.Choice”c”isincorrect.Underthestraight-linemethod,thecalculationswouldbe:USD12,000-USD3,000=USD9,000;USD9,000

WhichofthefollowingstatementsregardingtheaccountingforinvestmentpropertyunderIFRSiscorrect?

A、Thebestevidenceofthefairvalueofinvestmentpropertyisthepresentvalueofexpectedfuturecashflows.

B、Investmentpropertymaybereportedatcostlessaccumulateddepreciationorfairvaluelessaccumulateddepreciation.

C、Gainsarisingfromchangesinthefairvalueofinvestmentpropertyarereportedinothercomprehensiveincome.

D、Wheninvestmentpropertyisreportedatcostlessaccumulateddepreciation,fairvaluemustbedisclosed.

正确答案：公需科目题库搜索,专业课帮手Weixin[xzs9529]

答案解析：CPA-06051Choice”d”iscorrect.Wheninvestmentpropertyisreportedatcostlessaccumulateddepreciation,fairvaluemustbedisclosed.Choice”b”isincorrect.Thisstatementisincorrect.Investmentpropertymaybereportedatco

AsofDecember1,Year2acompanyobtainedaUSD1,000,000lineofcreditmaturinginoneyearonwhichithasdrawnUSD250,000,aUSD750,000securednotedueinfiveannualinstallments,andaUSD300,000three-yearballoonnote.Thecompan

A、urrentliabilitiesofUSD1,000,000;long-termliabilitiesofUSD1,050,000.

B、urrentliabilitiesofUSD500,000;long-termliabilitiesofUSD1,550,000.

C、urrentliabilitiesofUSD500,000;long-termliabilitiesofUSD800,000.

D、urrentliabilitiesofUSD400,000;long-termliabilitiesofUSD900,000.

正确答案：公需科目题库搜索

答案解析：CPA-08268Choice”d”iscorrect.Thecurrentliabilities(USD400,000)consistoftheUSD250,000drawonthelineofcreditduewithinoneyearandUSD150,000(1/5oftheUSD750,000),whichrepresentstheportionofthesecurednoteduewi