Planning: He Ruifang
Screenwriter: Huang Xiaowei
First, multiple choice questions
1, which can be separated or separated from the enterprise, can be used for sale or transfer alone, without disposing of other assets in the same profit-making activity at the same time, indicating intangible assets ().
A. Unidentifiable B. Identifiable C. Commercial substance D. Correct answer B.
2. The cash received by the controlling shareholder of a listed company or other original non-tradable shareholders to make up the current profits according to the commitment of share reform shall be treated as follows.
A. it should be included in assets as equity transactions. B. It should be included in liabilities as equity transactions.
C. it should be included in the owner's equity as a debt transaction. D. it should be included in the owner's equity as an equity transaction. Correct answer d
3. Intangible assets acquired by the purchaser in a business combination not under the same control shall be measured according to () on the purchase date.
A. book value B. fair value C. original book value D. net book value correct answer B.
4. The difference between the cost of business combination and the fair value share of identifiable net assets of the acquiree obtained in the combination shall be recognized as ().
A. goodwill B. non-operating income C. capital reserve D. non-operating expenditure correct answer A.
5, according to the purchase method for enterprise merger, its basic principle is to determine ().
A. amortized cost B. Book value C. Original book value D. Fair value Your answer D [correct]
6. At the end of the current period of merger, if the merger cost or the identifiable assets and liabilities acquired in the merger are treated according to the provisional value, and further information is obtained within () months from the purchase date to show that it is necessary to adjust the original provisional enterprise merger cost or the provisional value of the identifiable assets and liabilities acquired, it shall be regarded as the purchase date and be adjusted retrospectively, and the comparative statement information provided based on the provisional value shall be adjusted accordingly. A.12b.13c.14d.15 correct answer a.
7. If an enterprise accepts a non-controlling shareholder (or a subsidiary of a non-controlling shareholder) to pay off debts, forgive debts or donate on its behalf, and meets the confirmation conditions according to the Accounting Standards for Business Enterprises, it should usually be recognized as (). A. paid-in capital B. accounts payable C. current income D. capital reserve correct answer C.
8. If the economic essence of the transaction shows that the controlling shareholder of the listed company, other related parties controlled by the controlling shareholder or actual controllers have contributed to the listed company, the company shall treat the transaction as an equity transaction in accordance with the principle of "substance is more important than form" in the Accounting Standards for Business Enterprises, and the profits formed shall be included in ().
A. Non-operating income B. Capital reserve C. Income from main business D. Profit and loss from changes in fair value Your answer B [correct]
9. The cash received by the controlling shareholder of a listed company or other original non-tradable shareholders to make up the current profits according to the commitment of share reform shall be included in the equity transaction (). A. non-operating income B. capital reserve C. owner's equity D. fair value change profit and loss correct answer C.
10. When an enterprise disposes of its investment in a subsidiary, the difference between the disposal price and the book value corresponding to the disposal investment shall be recognized as the current period () in the individual financial statements of the parent company. A. Non-operating income B. Capital reserve C. Investment income D. Gains and losses from changes in fair value Your answer C [correct]
1 1. The following situations cannot indicate that the enterprise has transferred almost all the risks and rewards of ownership of financial assets to the transferee ().
A. selling financial assets without recourse
B for the sale of financial assets with repurchase agreement, the repurchase price shall be the fair value of the financial assets at the time of repurchase.
C. selling financial assets with significant out-of-price put options (or significant out-of-price call options)
D. selling financial assets with significant price put options (or significant price call options)
Correct answer d
12. In the process of selling on credit, the risk that the buyer fails to pay (repay) or is unable to pay due, resulting in the possibility of default or irrecoverable payment is (). A. credit risk B. risk mitigation C. transaction risk D. financing risk correct answer A.
13. The credit risk mitigation tool refers to ().
A. The financial contract reached by both parties to the transaction stipulates that the credit protection buyer will pay the credit protection fee to the credit protection seller in accordance with the agreed standards and methods in the future, and the credit protection seller will provide the credit protection buyer with the credit risk protection of the agreed target debt.
B negotiable securities created by institutions other than the basic entity provide credit risk protection for certificate holders related to the basic debt.
C credit risk mitigation contracts, credit risk mitigation certificates and other credit derivatives used to manage credit risk
D. Commercial banks use internal rating method to measure credit risk regulatory capital, and the credit risk mitigation function is reflected in the decline of default probability and default or default risk exposure loss.
Correct answer c
14. The credit protection expenses paid by the credit protection buyer and the credit protection income obtained by the credit protection seller shall be ().
A. directly included in the current profits and losses B. reasonably amortized within the financial guarantee contract period and included in the profits and losses of each period.
C. directly included in the owner's equity D. directly included in the next profit and loss correct answer B.
15. In the subsequent accounting period, the initial confirmed amount (fair value) of the financing guarantee contract shall be amortized according to () during the financing guarantee contract period and recognized as various incomes. A. Deduction proportion B. Time proportion C. Space proportion D. Value proportion Correct answer B.
16. For other credit risk mitigation tools that do not belong to the financial guarantee contract, the buyer and the seller of credit protection shall classify them as () for accounting treatment in accordance with the provisions of Accounting Standards for Enterprises No.22-Recognition and Measurement of Financial Instruments.
A. Guarantee instrument B. Non-derivative instrument C. Derivative instrument D. Credit instrument Your answer C [correct]
17, according to the purchase method of business combination, the basic principle is to determine ().
A. Fair value B. Book value C. Book original price D. Historical cost Your answer A [correct]
After 18 and 12 months from the date of purchase, the adjustment of the cost of enterprise combination or the value of identifiable assets and liabilities acquired in the combination shall be handled in accordance with the principle of Accounting Standards for Enterprises No.28-Changes in Accounting Policies, Accounting Estimates and Correction of Accounting Errors, that is, the adjustment of the cost of enterprise combination, and the fair value of identifiable assets and liabilities acquired in the combination shall be regarded as ().
A. events after the balance sheet date B. changes in accounting policies C. errors in the previous period D. correct answers to changes in accounting estimates C.
19, the controlling shareholder of the listed company, other related parties controlled by the controlling shareholder, and the actual controller of the listed company make direct or indirect donations to the listed company, debt forgiveness and other unilateral interest transfer behaviors. Because the transaction is based on the special status of both parties, the listed company obviously benefits unilaterally, so in the supervision, it should be recognized that its economic essence has the nature of capital investment, and the profits formed should be included in the owner's equity, that is, ().
A. general principles B. shareholder donation transactions related to the consideration of share reform
C. Shareholders' donation transactions related to major asset restructuring commitments D. The correct answer to the scope of transaction subjects A.
20, the following circumstances can't explain that the enterprise has transferred almost all the risks and rewards of ownership of financial assets to the transferee is ().
A. selling financial assets without recourse
B for the sale of financial assets with repurchase agreement, the repurchase price shall be the fair value of the financial assets at the time of repurchase.
C. selling financial assets with significant out-of-price put options (or significant out-of-price call options)
D. The correct answer to selling financial assets with significant in-price put options (or significant in-price call options) is D.
2 1, the credit risk mitigation certificate refers to ().
A. The financial contract reached by both parties to the transaction stipulates that the credit protection buyer will pay the credit protection fee to the credit protection seller in accordance with the agreed standards and methods in the future, and the credit protection seller will provide the credit protection buyer with the credit risk protection of the agreed target debt.
B negotiable securities created by institutions other than the basic entity provide credit risk protection for certificate holders related to the basic debt.
C credit risk mitigation contracts, credit risk mitigation certificates and other credit derivatives used to manage credit risk
D. Commercial banks use internal rating method to measure credit risk regulatory capital, and the credit risk mitigation function is reflected in the decline of default probability and default or default risk exposure loss.
Correct answer b
22, the specific judgment principle of shareholder donation behavior "nature of capital investment", excluding ().
A. general principles B. shareholder donation transactions related to the consideration of share reform
C. Shareholder donation transactions related to major asset restructuring commitments D. Correct answer to spatial principle D.
23. The cash paid by the controlling shareholder or other shareholders of the listed company to the listed company according to the profit commitment of the assets placed in the major asset reorganization shall be included in the owner's equity as an equity transaction. It means ().
A. general principles B. shareholder donation transactions related to the consideration of share reform
C. Shareholders' donation transactions related to major asset restructuring commitments D. Scope of transaction subjects
Correct answer c
24. During the share-trading reform, some tradable shareholders of listed companies accepted assets donated by major shareholders or former non-tradable shareholders as the consideration for share reform. Assets donated by major shareholders or former non-tradable shareholders to listed companies shall be included in owners' equity as equity transactions. It means (). A. General principles B. Shareholders' donation transactions related to the consideration of share reform C. Shareholders' donation transactions related to major asset restructuring commitments D. Scope of transaction subjects Your answer B [correct]
25. In the consolidated financial statements, the residual rights and interests shall be re-measured according to the fair value on the date of loss of control. The sum of the consideration obtained from the disposal of the equity and the fair value of the remaining equity, minus the difference of the share of net assets that should be continuously calculated by Atomic Company according to the original shareholding ratio from the date of purchase, is included in the current period of loss of control ().
A. Investment income B. Income from main business C. Capital reserve D. Profit and loss from changes in fair value Your answer A [correct]
26, credit risk mitigation contract refers to ().
A. The financial contract reached by both parties to the transaction stipulates that the credit protection buyer will pay the credit protection fee to the credit protection seller in accordance with the agreed standards and methods in the future, and the credit protection seller will provide the credit protection buyer with the credit risk protection of the agreed target debt.
B negotiable securities created by institutions other than the basic entity provide credit risk protection for certificate holders related to the basic debt.
C credit risk mitigation contracts, credit risk mitigation certificates and other credit derivatives used to manage credit risk
D. Commercial banks use internal rating method to measure credit risk regulatory capital, and the credit risk mitigation function is reflected in the decline of default probability and default or default risk exposure loss.
Correct answer a
27. For listed companies whose share-trading reform plan has been voted by the relevant shareholders' meeting before the announcement. Securities Regulatory License [2008] No.48, if the share reform can be completed before the disclosure date of the 2008 annual report, the listed company may include the non-tradable shareholders as direct or indirect donations of the share reform consideration in the current profits and losses. In addition, the direct or indirect donation of non-tradable shareholders as the consideration of share reform should be included in ().
A. owner's equity B. non-operating income C. non-operating expenditure D. asset impairment loss correct answer A.
28. Banking financial institutions shall present financial assets, financial liabilities, loan commitments, guarantees, agency responsibilities and other relevant information in strict accordance with the provisions of relevant standards such as ().
A. Accounting Standards for Enterprises No.37-Presentation of Financial Instruments
B. Accounting Standards for Enterprises No.26-Reinsurance Contracts
C. Accounting Standards for Enterprises No.2-Inventory
D. accounting standards for enterprises no. 14- revenue
Your answer is A[ correct]
29, the following can be divided into transactional financial assets is ().
A. derivatives designated as effective hedging instruments
B. Derivative products belonging to financial guarantee contracts
C. The fair value of derivative instruments related to the investment in equity instruments without quotation in an active market cannot be reliably measured, and must be settled through the delivery of equity instruments.
D. Investment in equity instruments with quoted prices in an active market and whose fair value can be reliably measured.
Correct answer d
30. For the agency responsibility part of related party transactions, the entrusted bank shall treat related party transactions as loans to the applicant in accordance with ().
A. Accounting Standards for Enterprises No.2-Inventory
B. accounting standards for enterprises no. 14- revenue
C accounting standards for enterprises No.22-recognition and measurement of financial instruments
Accounting Standards for Enterprises No.37-Presentation of Financial Instruments
Your answer is C[ correct]
3 1, the following items are not intangible assets of the enterprise. A. Goodwill B. Patent C. Copyright D. Non-patented technology Your answer A [correct]
32. The entrusting bank shall handle the agency liabilities in relevant transactions according to ().
A. Accounting Standards for Enterprises No.2-Inventory
B. accounting standards for enterprises no. 14- revenue
C accounting standards for enterprises No.22-recognition and measurement of financial instruments
Accounting Standards for Enterprises No.37-Presentation of Financial Instruments
Correct answer b
33. The fair value of a financial guarantee contract usually refers to the fees charged for providing the guarantee. If the fair value of a financial guarantee contract cannot be reasonably determined, it shall be regarded as equal to (). A. Estimated value B. Zero C. Original value D. Value when the future can be determined Your answer B [correct]
34. If an enterprise provides financial guarantee for the transferred financial assets and continues to be involved, it shall confirm the assets formed by continuing to be involved according to () on the transfer date, and at the same time confirm the liabilities formed by continuing to be involved according to the sum of the amount of financial guarantee and the fair value of the financial guarantee contract.
A The lower of the book value of financial assets and the amount of financial guarantee.
B the lower of the fair value of financial assets and the amount of financial guarantee.
C the higher of the fair value of financial assets and the amount of financial guarantee.
D the higher of the book value of financial assets and the amount of financial guarantee.
Correct answer a
35, the following statement about financing guarantee contract is correct ().
A the guarantor and the creditor agree that when the debtor fails to perform the debt, the guarantor shall perform the debt or assume the liability contract as agreed.
B the guarantor and the debtor agree that when the debtor fails to perform the debt, the guarantor shall perform the debt or assume the liability contract as agreed.
C. When the debtor and the creditor agree that the debtor fails to perform the debt, the guarantor shall perform the debt or assume the liability contract as agreed.
D. The guarantor and the creditor agree that if the guarantor fails to perform the debt, the debtor will perform the debt or assume the responsibility according to the agreement.
Correct answer a
Second, multiple choice questions
1. In a business combination not under the same control, when the buyer initially confirms the buyer's assets acquired in the business combination, it shall fully confirm and reasonably judge the intangible assets owned by the buyer but not confirmed in its financial statements. Meet one of the following conditions, it shall be recognized as intangible assets ().
A. Contractual rights or other legal rights
B it can be separated or divided from the buyer, and can be used for sale, transfer, license, lease or exchange alone or together with relevant contracts, assets and liabilities.
C. Non-contractual rights or other legal rights
D it cannot be separated or divided from the buyer, and can be used for sale, transfer, license, lease or exchange alone or together with relevant contracts, assets and liabilities.
Correct answer AB
2, the following conditions, belongs to the appraisal judgment condition is ().
A it can be separated or separated from the enterprise and used for sale or transfer alone, without disposing of other assets in the same profit-making activity at the same time.
B in some cases, intangible assets may need to be sold and transferred together with relevant contracts. In this case, they are also regarded as identifiable assets.
C arising from contractual rights or other legal rights, regardless of whether these rights can be transferred or separated from the enterprise or other rights and obligations.
D can not be separated or divided from the enterprise, but can be used for sale or transfer alone.
Correct answer ABC
3, the following options, belong to the enterprise financial assets transfer ().
Transfer the right to receive the cash flow of financial assets to the other party.
B transfer the financial assets to the other party, but reserve the right to collect the cash flow of the financial assets, and undertake the obligation to pay the collected cash flow to the final payee.
Transfer a financial asset to another party, but do not reserve the right to receive the cash flow of the financial asset.
D transfer the financial asset to another party, and reserve the right to collect the cash flow of the financial asset, but do not have the obligation to pay the collected cash flow to the final payee.
Correct answer AB
4. The main ways to continue to participate are ().
A. sign a repurchase agreement B. enjoy the right to continue service C. issue options and provide guarantees D. hold options and provide guarantees Your answer ABCD [correct]
5. The fair value can be measured reliably, and intangible assets that should be recognized separately from goodwill generally include ().
A. Proprietary technology B. Patented technology C. Franchise D. Trademark and copyright Your answer ABCD [correct]
6, the company should pay full attention to the controlling shareholder, other related parties controlled by the controlling shareholder, actual controllers of listed companies and other direct or indirect donations to the company, its economic essence includes ().
A. Direct donation of cash B. Direct exemption C. Paying off debts D. Direct donation of physical assets Your answer ABCD [correct]
7. The specific principles for judging the "nature of capital investment" of shareholder donation mainly include ().
A. General principles
B. Shareholders' donation transactions related to the consideration of share reform
C. Shareholders' donation transactions related to major asset restructuring commitments
D. On the scope of transaction subjects
Your answer ABCD[ correct]
8. The terms, conditions and economic impact of various transactions dealing with equity investment in subsidiaries meet the following conditions (), which usually indicates that multiple transactions should be treated as a package transaction.
A These transactions were concluded at the same time or under the consideration of mutual influence.
B these transactions as a whole can achieve a complete business result.
The occurrence of one transaction depends on the occurrence of at least one other transaction.
D. a transaction is uneconomical when viewed alone, but it is economical when considered together with other transactions.
Your answer ABCD[ correct]
9, the enterprise lost control of the atomic company due to the disposal of part of the equity investment or other reasons, and the following treatment of the remaining equity after disposal is correct ().
A in individual financial statements, the disposed equity shall be accounted for in accordance with the accounting standards for enterprises No.2-long-term equity investment.
B in individual financial statements, if the residual rights and interests after disposal can exert the same control or significant influence on the atomic company, accounting treatment shall be carried out in accordance with the relevant provisions of the cost method to equity method.
C in the consolidated financial statements, the residual rights and interests shall be re-measured according to the fair value on the date of loss of control.
D in the consolidated financial statements, there is no need to re-measure the residual equity according to the fair value on the date of loss of control.
Your answer ABC[ correct]
10. If a financial asset meets one of the following conditions, the recognition shall be terminated ().
The contractual right to collect the cash flow of the financial asset is terminated.
B the financial asset has been transferred, and it meets the conditions for derecognition of financial assets stipulated in the Accounting Standards for Enterprises No.23-Transfer of Financial Assets.
C. collect the price for the sale of financial assets
The contractual right to collect the cash flow of the financial asset has not been terminated.
Correct answer AB
1 1, the following situation shows that the enterprise has transferred almost all the risks and rewards of ownership of financial assets to the transferee ().
A. selling financial assets without recourse
B for the sale of financial assets with repurchase agreement, the repurchase price shall be the fair value of the financial assets at the time of repurchase.
C. selling financial assets with significant out-of-price put options (or significant out-of-price call options)
D. selling financial assets with significant price put options (or significant price call options)
Your answer ABC[ correct]
12. The guarantee business of a financing guarantee company shall be accounted for in accordance with () and other relevant provisions of the insurance contract.
A. Accounting Standards for Enterprises No.25-Original Insurance Contract
B. Accounting Standards for Enterprises No.26-Reinsurance Contracts
C provisions on accounting treatment of insurance contracts (Cai shui [2009] 15)
D. Accounting Measures for Guarantee Enterprises (Caishui [2005] 17)
Correct answer ABC
13, the following items are not trading financial assets ().
A. derivatives designated as effective hedging instruments
B. Derivative products belonging to financial guarantee contracts
C. The fair value of derivative instruments related to the investment in equity instruments without quotation in an active market cannot be reliably measured, and must be settled through the delivery of equity instruments.
D. Investment in equity instruments with quoted prices in an active market and whose fair value can be reliably measured.
Your answer ABC[ correct]
14. The credit guarantee buyers and sellers engaged in the business related to credit risk mitigation tools shall be listed in accordance with () respectively according to the classification of credit risk mitigation tools.
A. Accounting Standards for Enterprises No.37-Presentation of Financial Instruments
B. Accounting Standards for Enterprises No.25-Original Insurance Contract
C. Accounting Standards for Enterprises No.26-Reinsurance Contracts
D. Accounting Standards for Enterprises No.30-Presentation of Financial Statements
Your answer ABCD[ correct]
15. The categories of inter-bank payment services are as follows. A. under domestic letter of credit settlement B. under domestic factoring C. under bills payable D. under foreign factoring correct answer ABC
16. Among the following statements about domestic letters of credit, the correct one is ().
A it is a written commitment of a certain amount issued by the issuing bank to the seller according to the buyer's application.
B a written commitment to pay against the documents stipulated in the letter of credit within a certain period of time.
C is a written commitment of a certain amount issued by the issuing bank to the buyer according to the seller's application.
D. a written commitment to collect the payment against the documents stipulated in the letter of credit within a certain period of time.
Correct answer AB
17. The steps for banking financial institutions to carry out inter-bank payment services include ().
A. Customer application
B. The entrusting bank entrusts other banks to provide financing in its own name.
C. The entrusted bank will transfer the money into the account of the entrusted bank or pay it directly to the client of the entrusted bank according to the instruction of the entrusted bank on the designated external payment date.
D the entrusting bank shall repay the principal and interest paid by other banks on the agreed repayment date.
Your answer ABCD[ correct]
18. Banking financial institutions shall present relevant information such as () in strict accordance with the Accounting Standards for Enterprises No.37-Presentation of Financial Instruments and other relevant standards.
A. Financial assets involved in interbank payment business B. Loan commitments and guarantees C. Agency liabilities D. Financial liabilities involved in interbank payment business Answer ABCD [Correct]
19, the following items belong to the intangible assets of enterprises (). A. goodwill B. patent C. copyright D. correct answer to non-patented technology BCD
20, the following statement about financing guarantee contract is wrong ().
A the guarantor and the creditor agree that when the debtor fails to perform the debt, the guarantor shall perform the debt or assume the liability contract as agreed.
B the guarantor and the debtor agree that when the debtor fails to perform the debt, the guarantor shall perform the debt or assume the liability contract as agreed.
C. When the debtor and the creditor agree that the debtor fails to perform the debt, the guarantor shall perform the debt or assume the liability contract as agreed.
D. The guarantor and the creditor agree that if the guarantor fails to perform the debt, the debtor will perform the debt or assume the responsibility according to the agreement.
Correct answer BCD
Third, the judgment question
1. Inter-bank payment refers to the act of entrusting a bank to entrust another bank to provide financing in the name of the customer according to the application of the customer. () The correct answer is wrong.
2. In inter-bank payment financing, the entrusted bank can directly pay the clients of the entrusted bank. () Your answer is correct
3. The enterprise fails to disclose the fair value of the intangible assets of the acquiree and its determination method in the notes. () The correct answer is wrong.
4. Interpretation of Accounting Standards for Business Enterprises No.5 has been implemented since 20 10 1, and there is no need for retrospective adjustment. () The correct answer is wrong.
5. In a business combination not under the same control, when the buyer initially confirms the assets of the buyer obtained in the business combination, it shall fully confirm and reasonably judge the intangible assets owned by the buyer but not confirmed in its financial statements. () Your answer is correct
6. The difference between the cost of business combination and the fair value share of identifiable net assets of the acquiree obtained in the combination shall be recognized as goodwill. Your answer is correct.
7. In individual financial statements, the disposed equity shall be accounted for in accordance with the Accounting Standards for Enterprises No.2-Long-term Equity Investment.
Your answer is correct.
8. Risk mitigation refers to reducing the loss frequency or influence degree of risks through risk control measures. Your answer is correct.
9. The cash paid by the controlling shareholder or other shareholders of the listed company to the listed company according to the profit commitment of the assets placed in the major asset reorganization shall be included in the current profit and loss as an equity transaction. () The correct answer is wrong.
10. If an enterprise sells a financial asset with recourse or transfers its financial asset by endorsement, it shall terminate the recognition of the financial asset. Answer-Wrong
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.