TCKTDN3

According to Law on Accounting 88, People prohibited from practicing accounting:

• Parents of General Director in Joint Stock company.

• People holding the position of managers in private enterprises.

• People banned from practicing accounting under an effective court’s judgment.

• All of above

Is the following statement about accounting book system true or false?
“Accounting book system is a means of systemizing management accounting information in order to provide those to different information users”

• T

• F

Which vouchers are classified as monetary ones:

• Cash payment notes, cash receipt notes, debit notes, credit notes, bank statements.

• VAT invoices, bills, cash receipt note, minutes of handover of fixed assets.

• Cash payment notes, cash receipt notes, payroll, goods receipt notes.

  D.

• Cash payment notes, cash receipt notes, VAT invoices, bills.

Is the following statement about accounting book system true or false?
“Based on book-recording method of chronological order and systematic order,
accounting book system consists of ledger, general journal, detailed book”

• T

• F

Time for payment is a compulsory element of sales voucher

• T

• F

Which below departments/persons should be involved in the voucher rotation process for materials/supplies delivery?

• Department in need of materials/goods/supplies, customer, purchasing department, Stock keeper, Inventory accountant, payment accountant and other related ones.

• Beneficiary, production department, purchasing department, Stock keeper, cashier.

• Department in need of materials/goods/supplies, director/chief accountant, purchasing department, cashier, Inventory accountant.

• Technical staff, department in need of materials/supplies, purchasing department, Stock keeper, Inventory accountant, production cost and related accountants

In Vietnam, each accounting entity must use one account system for both financial accounting and management accounting. True or false?

• T

• F

According to VAS 01, accounting information and data presented in the financial statements must be explicit and easily understandable to users. The word “ users” in this circumstance means:

• Users with well –educated on accounting and economics/

• Internal and external users

• Users with average knowledge on economics, finance and accounting.

• EveryboDY

Which of the following does not describe characteristic of combined model of management and financial accounting organization.

• None of above

• Accountants can open new management accounts if necessary.

• The accountant uses the accounting book system to serve both the financial reporting system and the management accounting reporting system.

• The businesses might be able to arrange a separate division to collect, process and analyze information for production planning and estimation, and business decision-making.

An enterprise applies Corporate Accounting Regulations of Circular 200. Which account used to record short-term loan payable?

• 112

• 341

• 311

• 128