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WorksheetsTCKTDN
Total questions: 70
Worksheet time: 23mins
1. Which below statement is the most appropriate?
Revenues and incomes are recognized only when there is reasonable certainty of potential economic benefits, whereas expenses must be recognized when there is a reasonable likelihood of potential occurrence.
Revenues and expenses are only recognized when there is reasonable certainty of economic benefits inflow to or outflow from the entity.
Revenues and incomes are only recognized when there is potential economic benefits inflow, whereas expenses must be recognized when there is a reasonable certainty of occurrence
Revenues and expenses can only be recognized when cash is collected or paid out
Which below statement is true?
Accounting policies and accounting methods applied are unchangeable
Accounting policies and accounting methods must be applied consistently for at least 3 fiscal accounting periods
Accounting policies and accounting methods must be applied consistently no longer than 5 consecutive fiscal accounting periods
Accounting policies and accounting methods must be applied consistently for at least 1 fiscal accounting period.
Basic requirements for accounting organization?
Accounting organization must be suitable with production method, management level and business operation characteristics
Accounting organization must be suitable with management requirements, managerial level and technical equipment in enterprises
Accounting organization must be economical and efficiency
All statements are correct
Which below statement describes the definition of accounting vouchers?
Accounting vouchers can be seen as a means of information
Accounting vouchers are legal documents to prove for occurred and completed business transactions of one enterprise
Accounting vouchers are the basis of the bookkeeping process
All of the above-mentioned statements
According to the Vnese accounting laws, a voucher must contain (a) elements.
1. According to the Vnese accounting law, an accounting voucher should contain:
7
6
5
4
Regarding accounting vouchers classification, optional vouchers have the following characteristics
Optional vouchers are used internally only
Optional vouchers are used internally. The state only gives instructions on several pieces of content recorded on these vouchers for enterprises to follow due to their own business.
Optional vouchers are used commonly and widely by different entities in the economy
Optional vouchers are standardized by the State in respect of type, form, content record, target and set-up method of these accounting vouchers
Accounting vouchers form contains:
Paper form
Electric form
Both paper and electric form
Others
In respect of business transation nature, accounting vouchers are divided into:
(a)
Application of the accounting vouchers system in enterprises must be based on:
The state’s regulations on accounting vouchers
Business operating characteristics of an enterprise
Management requirement of an enterprise
All of above statement
Which steps are included in the organization of an accounting vouchers system in an enterprise:
Set up a list of accounting vouchers, the content of accounting vouchers, and voucher form
Determination on issuance of vouchers and voucher checking
Set up the voucher rotation process and storage of vouchers
All above steps
Which below vouchers are direct vouchers in respect of collecting data on cash transactions
Cash receipt notes, payment request
Cash receipt notes, cash payment notes
Loan contract, cash receipt notes
Application for advance, cash payment notes
Which below vouchers are relating vouchers in respect of collecting data on cash transactions:
Cash receipt notes, payment request
Cash receipt notes, cash payment notes
Loan contract, application for advance, payment request
Application for advance, cash payment notes
Which below vouchers are direct vouchers in respect of collecting data on inventory transactions
Goods delivery notes, goods receipt notes
Internal goods delivery notes, inventory acceptance minutes
Inventory report, Inventory stock records
All of above
Which below vouchers are relating vouchers in respect of collecting data on inventory transactions
Goods delivery notes, goods receipt notes
Internal goods delivery notes, Inventory acceptance minutes
VAT invoices, bills, debit notes, cash payment notes, cash receipt notes
None of these above vouchers
Which accounting principles that accountants shall apply to for inventory measurement?
Historical cost
Consistency
Prudence
All of them
Which of the following is not the requirement of accouting book system in an accounting entity:
Accounting book systen must ensure the relationship between chronological order and systematic order of book-recording
Accounting book system should ensure the relationship bw general ledgers and sub-ledgers
Accounting book system should ensure the effectiveness of accounting voucher rotation
Accounting book system should ensure the procedures of data cross-checking and controlling
Chi phí NVL trực tiếp theo thông tư 133
(a)
What is the determinant for the number of General Ledgers in an accounting book system?
(Có bao nhiêu TK tổng hợp có bấy nhiêu sổ cái)
The number of accounting vouchers
The number of accounting sub-accounts
The number of accounting general accounts
All
What is the structure of an adjusting account for an asset account?
(TK điều chỉnh: Kết cấu ngược với TK bản chất)
Downward adjusted value on the debit side and upward adjusted value on the credit side
Upward adjusted value on the debit side and downward adjusted value on the credit side
Only posting downward adjusted value on the debit side
Only posting upward adjusted value on the debit side.
Which of the following is NOT about processing and systematization of accounting information?
Application of Value measurement
Organization of accounts system
Organization of accounting books system
None of above
Which of the following statements about the valuation of inventory are correct, according to VAS 2 Inventories?
(1) Inventory items are normally to be valued at the lower of cost and NRV
(2) The cost of goods manufactured by an entity will include materials and labour only
Overhead costs cannot be included
(3) Selling price less estimated profits margin may be used to arrive at cost if this reasonably approximates actual cost.
(a)
In VN, an accounting entity shall establish its chart of accounts based on:
Accounting regulations for enterprises (200)
Book-recording method of chronological order and systematic order
The level of business equipment
Either Accounting regulations for enterprises (200) or Accounting regulations for SMEs (133)
In VN, TP account has:
A debit balance
Either a debit balance or a credit balance
A credit balance
A zero balance
Accounting books are used for:
Recording and keeping track of accounting information
Collecting and systematizing accounting information on the basis of requirements of business management
Providing accounting information for users
All of above
Accounting books are used for:
Recording and keeping track of accounting information
Collecting and systematizing accounting information on the basis of requirements of business management
Providing accounting information for users
All of above
In General Journal Voucher accounting form, the information from General Journal vouchers are transferred to:
General Journal
General ledgers of related accounts
Voucher Journal
Ledger Journal
Who are the users of accounting information?
Administrators within the enterprise
The State’s functional management agencies
User having interests directly and indirectly related to the operation
All of the above
Which of the following report is NOT classified as a management accounting report?
Statement of Cash Flow
Inventory report
Increase or decrease in FA report
Account receivable and account payable report
1. Based on the basis of reporting, accounting reports in enterprises are classified into which of the following?
Financial accounting reports and Management accounting reports
Periodic accounting reports and Regular accounting reports
Performance accounting reports and Predictive
All of the above
Which of the following principles must be followed when preparing financial statements?
Going concerned, Accrual basis, Consistency, Materiality and aggregation, and Offsetting, Comparative
Going concern, Accrual basis, Consistency, and Materiality and aggregation
Accrual basis, Consistency, Materiality and aggregation, and Offsetting
Going concern, Accrual basis, and Consistency
1. According to the current accounting regime, the financial accounting reporting system applicable to enterprise includes which of the following reports?
Annual financial statements
Interim financial statements
Annual financial statements and Iterim financial statements
None of them
Which of the following methods are commonly used to analyze accounting informayion?
Comparision method
Factor analysis method
Comparison method and Factor analysis method
None of the above
The financial statements of a enterprise provide information about which of the following?
A, L, E
R, E
CF
All
Which of the following does NOT describe characteristic of centralized accounting organization?
(Mô hình tổ chức KT tập trung)
Central accounting department is in charge of all accounting tasks
Subordinate units might be entitled to set up their own accounting dep
Accounting records are kept and retained at the central accounting dep
This form enables quick implementation of accounting practices of standardized procedures
Which of the following describes the characteristics of a decentralized (Dependent unit) accounting organization
The central accounting dep is responsible for guiding and inspecting the accounting work in the accounting dep at subordinate units
Central accounting dep is in charge of all accounting tasks
Subordinate units are divided into 2 groups: dependent units and independent units
This form is suitable for small and medium-sized enterprises with low hirarchy and donot operated in scattered areas
Accounting inspection’s missions include:
Examining the implementation of the Accounting Law, standards, regimes and legal regulations on accounting
Checking the observance of production and business plans
Examining the organization of accounting apparatus
All of above
Who takes the responsibility for regular accounting inspection within an enterprise:
The Ministry of Finance
State inspection agencies
Chief accountant and working accountants
Tax authorities
Models of management accounts organizations can be classified into:
Financial model, Management model and Mixed model
Separate model, Combined model and Mixed model
Financial-Management Model and Separate Model
General Model, Financial – Management Model
Which of the following describes characteristics of separate models of management and financial accounting organization?
The accountant uses the accounting book system to serve both the Fi reporting system and the management accounting reporting system
Accountants collect detailed information as required by the management accountant from Fi accounting’s vouchers and books
There must be 2 separate accounting divisions: The financial and the management accounting division
Among all accounting items, some items are subject to a separare accounting organization while remaining items are subject to a combined accounting organization.
According to Law on Accounting No88, every accountant must:
Have professional accounting knowledge and skills
Have a bachelor’s degree in AOF
Strong knowledge of VAS/IAS/IFRS
All of above
In accounting organization, financial accounting process must comply with related principles, policies, mechanism, norms and regulations
T
F
In accounting organization, management accounting process must be in compliance with accounting regulations, principles, mechanism, norm, regulations
T
F
Regarding to requirements and principles of accounting organization, accounting is not necessary suitable with production, management level, technical equipment/supportive facilities and operation characteristics of an entity
T
F
A rational accounting process is only based on accounting law, accounting standards, other regulation
T
F
Capacity and competency of accountants are not of importance to a rational according process
T
F
Regarding to requirements and principles of accounting organization, accounting is not necessary suitable with production, management level, technical equipment/supportive facilities and operation characteristics of an entity
T
F
Regarding to the principle of consistency, accounting in enterprise must ensure the consistency between accounting divisions and other management divisions, between parent company and affiliate. Accounting contents, objects, methods and accounting system can vary.
T
F
Conduction of initial bookkeeping to record accounting data on accounting documents and rotation of these documents is the first major content of accounting organization for purposes of collecting accounting
T
F
Application of accounting law and related regulations such as accounting document systems, accounts system, books system, and accounting reports together with accounting methods and standards is essential in organization of systematizing and process accounting
T
F
Organization of providing accounting information is a necessary requirement by macro and micro economic management.
T
F
Accounting information shall be presented on financial statements only.
T
F
Organization of internal accounting inspection is to ensure accounting information shall be presented in compliance with regulations on financial management in general and in accordance with accounting law and standards.
T
F
Retention of accounting vouchers/documents may vary upon different categories of accounting vouchers
T
F
An enterprise must follow the State's regulations on the form, content, retention of management accounting vouchers.
T
F
Cash payments notes, cash receipt notes are created and stored by
cashier
T
F
Application of accounting accounts system must be based on operating characteristics of an enterprise
T
F
Payment method is not a compulsory element of an accounting voucher.
T
F
Accounting vouchers that were corrected would be considered as invalid
T
F
With regarding to data collecting on cash transactions, direct accounting vouchers include cash receipt notes, cash payment notes, debit notes, credit
T
F
Payroll sheet, timesheet, work confirmation letter are labor vouchers.
T
F
For each occurred business transaction, accounting voucher must be
created one time only
T
F
Collecting information in the form of accounting vouchers is the intial accounting work in an enterprise
T
F
Is the following statement about processing and systemizing management accounting information true or false?
"Processing and systematizing management accounting information should be in compliance with generally accepted accounting principles to assure the reliability and objectivity of economic transactions and events"
F
T
Which below accounting vouchers should be classified as bookkeeping vouchers?
VAT invoices, bills, goods receipt notes, cash receipts, cash payment
VAT invoices. Advance requests, payment request, credit notes/debit notes issued by bank
Advance request, cash payment, good receipt notes, VAT invoices
Goods receipts note, goods delivery notes, cash receipt notes, cash payment notes
Which below departments/persons shoule be involved in the voucher rotation process for cash at bank?
Serving bank, banking accoutant, related accountant
Stock keeper, chief accountant, banking accountant
Banking accountant, chief account, inventory accountant
Serving bank, chief accountant, cashier
Which below departments/persons shoule be involved in the voucher rotation process for cash withdrawal from bank?
Banking accountant, bank, cash recipient, cash accountant
Banking accountant, customer, cash receipient, cash accountant
Banking accountant, chief accountant, cash recipient, supplier, cashier
Banking accountant, chief accountant/account holder, bank, cash recipent, cash accountant, cashier.
Which below departments/persons shoule be involved in the voucher rotation process for finished goods/outsourced goods receipt?
Production dep, FA accountant, production cost accountant and other related accountants
Sales accountants, stock keeper, inventory accountant, and other related accountants
Supplier, inventory accountant, production cost and other accountants
Production department, stock keeper, inventory accountant, production cost accountant and other related accountants
1. Which below departments/person shoule be involved in the voucher rotation process for product/goods delivery?
Serving bank, stock keeper, inventory accountant, related accountants
Sales dep, supplier (seller), inventory accountant, related accountants
Sales dep, supplier (seller), chief accountant, inventory accountant
Sales department, customer (buyẻ), stock keeper, inventory accountant, related accountants
Which below accounting vouchers shouldbe classified as source vouchers?
VAT invoices, bills, goods receipt notes, cash receipts, cash payment
VAT invoices, advance request, payment requests, bank statements
Advance request, cash payment, goods receipt notes, VAT invoices
Goods receipts notes, goods delivery notes, credit notes/debit notes issued by bank
