...AC202 Principles of Accounting II Name Kayleigh Alves Park University Version D First Hour Exam-Chapters 13-15 Multiple Choice Questions (2 points each) Select the ONE, BEST Answer. 1. A company received cash proceeds of $206,948 on a bond issue with a par value of $200,000. The difference between par value and issue price for this bond is recorded as a: A. Credit to Interest Income. B. Credit to Premium on Bonds Payable. C. Credit to Discount on Bonds Payable. D. Debit to Premium on Bonds Payable. E. Debit to Discount on Bonds Payable. 2. A company may retire bonds by: A. Exercising a call option. B. The holders converting them to stock. C. Purchasing the bonds on the open market. D. Paying them off at maturity. E. All of these. 3. All of the following statements relating to accounting for international operations are True except: A. Foreign exchange gains or losses can occur when accounting for international sales transactions. B. Gains and losses from foreign exchange transactions are accumulated in the Fair Value Adjustment Account and are reported on the balance sheet. C. Gains and losses from foreign exchange transactions are accumulated in the Foreign Exchange Gain (or Loss) account. D. The balance in the Foreign Exchange Gain (or Loss) account is reported on the income statement. E. Foreign exchange gains or losses can occur when accounting for international purchases transactions. 4. Buying stock in a corporation is attractive...
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...Exam I AC202 Name Anthony Edwards Multiple Choice: Chose the one best answer for each of the following (2 points each) 1. Which of the following does not impact the calculation of the cash interest payments to be made to bondholders? a. Face value of the bond b. Stated interest rate c. Market interest rate d. The length of time between payments 2. Which of the following is false when a bond is issued at a premium? a. The bond will issue for an amount above its face value b. Interest expense will exceed the cash interest payments c. The market interest rate is lower than the stated interest rate d. The issue price will be quoted at a number greater than 100. 3. When the company that borrows money by issuing a bond has the right to terminate a relationship with a lender early and repay the amount borrowed ahead of schedule, we say that the loan is: a. Convertible b. Secured c. Amortizable d. Callable 4. Par value of a stock refers to the: a. Issue price of the stock b. Value assigned to a share of stock by the corporate charter c. Market value of the stock on the date of the financial statements d. Maximum selling price of the stock e. Dividend value of the stock 5. Total assets on a balance sheet prepared on any date must agree with which of the following? a. The sum of total liabilities and net income as shown on the income...
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...RANK LIST OF MBA CANDIDATES WHO HAVE APPEARED FOR THE ENTRANCE TEST FOR ADMISSION TO MBA COLLEGES FOR THE YEAR 2012-13. M.B.A Sl No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 CET NO. AA002 AA004 AA005 AA006 AA007 AA008 AA009 AA010 AA014 AA017 AA018 AA020 AA021 AA022 AA023 AA025 AA026 AA027 AA028 AA029 AA031 AA033 AA035 AA036 AA039 AA040 AA041 AA043 AA044 AA045 AA046 AA047 AA048 AA049 AA050 AA051 AA052 AA055 AA056 AA057 AA058 AA060 AA061 AA062 AA063 AA064 AA065 AA066 AA067 AA069 Candidate Name GENDER Version Code CET SCORE MBA Rank(*) MOHAMMED IRFAN NIRMALA Y.N MANJUNATH JEEVAN KUMAR VIJAINDRA KULKARNI REDDAPPA M V LINGANAGOUDA M PATIL ARCHANA NAIK Maitri R Bhat Shashi Kiran B.N. arupananda das RASHMI. P YELLESH V CHETAN KUMAR .S SHARATH G SANJEEV D AMRUTHA C MARIGERI Bharath kumar B.S Asha B Shilpashree M S SHASHIVENI R J SUPREETH Y S.Sandhya KUSHAL KUMAR R SARIYA FARNAZ S Madhu S N NAVEENA P SIBI AKBARALI P.T SUMAN RANI SAMINUR RAHMAN Namratha S KIRAN RAJ S DEEPIKA T M ASHWINI H PUNEETH KUMAR M Naveen V Smitha G S SUNIL M ANJURU PRADEEP CHETAN KUMAR JADAV G DILIP KUMAR V ASHWINI VIJAY PRASANNA M Jagannath Honnakatti NITHIN KUMAR KOTTE VINAY BALARAJ Yateesh Kumar V SUJAY.C Harsha G D RAJANALA MAMATHA RANI P SAMANTHA M F M M M M F F M M F M M M M F M F F F M F M F M F M F M F M F F M M F M M M M F M M M M M M F F F A2 A4 A1 A2 A3 A4 A1 A2 A2 A1 A2 A4 A1 A2 A3 A1 A2 A3 A4 A1 A3...
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