Analysis of the financial statements of the test answers

Collection of tasks "Analysis of the financial statements." Test, the number of jobs -15.


№ 1. If the current assets of the company exceed its short-term liabilities, the entity shall be considered:

1. The cost-effective;

2. liquid;

3. solvent.


№2. The Committee on International Accounting Standards was established

1. In 1971

2. 1973

3. 1975


№3. What serves as a mechanism to protect the interests of investors?

1. The development of accounting standards and financial reporting, as well as control over their implementation;

2. The audit reports;

3. The development of accounting standards and financial reporting;

4. All of the above is true.


№4. What is the main objective of financial statements

1. the development of international economic integration;

2. All of the above is true;

3. in the reflection of various aspects of the same facts of economic life;

4. to provide interested users with information on the financial situation of the organization.


№5. Future economic benefits embodied in the asset - is:

1. the potential to invest indirectly in the inflow of cash or cash equivalents;

2. The capacity to invest directly or indirectly in the inflow of cash or cash equivalents;

3. The capacity to invest directly in the inflow of cash or cash equivalents.


№6. In a standard under IFRS, regulated financial reporting?

1. IFRS 3;

2. IFRS 4;

3. IFRS 2;

4.MSFO 1.


№7. What information must be disclosed in the accounting policies?

1. Information on the recognition and amortization of tangible and intangible assets;

2. Information on joint activities;

3. All of the above is true;

4. information about the subsidiaries and the union organizations;

5. information on the cost of borrowing and construction contracts.


№ 8. What applies to the main indicators to be disclosed by reportable segment forms?

1. The reserves and resources;

2. The revenue from sales to other segments and cash flows;

3. tax obligations;

4. All of the above is true.


№9. Identify the main problems of the analysis of the financial condition of the company

1. The development of recommendations for the users of financial information;

2. The timely identification of shortcomings and recommendations for their elimination;

3. The supervisory authorities to provide information about the financial condition of the enterprise.


№10. In some cases, the balance is considered to be liquid?

1. When the set amount of accounts payable;

2. when you set the degree of liquidity of the balance sheet liability items;

3. When the balance of the assets can turn into cash.


№11. Taking into account any international regulations should analyze the cash flow?

1. IFRS 8 and IAS 12;

2. IFRS 7 and IAS 32;

3. IAS 29 and IAS 1;

4. All of the above is true.


№12. What do the margins?

1 shows the ratio of revenue and expenditure of the industry;

2. can be used in the analysis of trends in the ratio of profits and other indicators for a number of years;

3. reflect the viability of the organization in the long run.


№13. What is included in the net profit?

1. The profit or loss from ordinary activities;

2. All of the above is true;

3. Profit or loss from extraordinary circumstances.


№14. What refers to the indirect costs?

1. overhead;

2. The general business;

3. All of the above is true;

4. selling expenses.


№15. At what stage of rapid analysis is advisable to use ratio analysis?

1. At the end proximate analysis

2. The early rapid analysis

3. All of the above is true