Intermediate Accounting Test Bank 13e Chapter 6.docx
- 文档编号:1932482
- 上传时间:2023-05-02
- 格式:DOCX
- 页数:64
- 大小:51.08KB
Intermediate Accounting Test Bank 13e Chapter 6.docx
《Intermediate Accounting Test Bank 13e Chapter 6.docx》由会员分享,可在线阅读,更多相关《Intermediate Accounting Test Bank 13e Chapter 6.docx(64页珍藏版)》请在冰点文库上搜索。
IntermediateAccountingTestBank13eChapter6
CHAPTER6
ACCOUNTINGANDTHETIMEVALUEOFMONEY
IFRSquestionsareavailableattheendofthischapter.
TRUE-FALSe—Conceptual
AnswerNo.Description
F1.Timevalueofmoney.
T2.Definitionofinterestexpense.
F3.Simpleinterest.
T4.Compoundinterest.
T5.Compoundinterest.
F6.Futurevalueofanordinaryannuity.
F7.Presentvalueofanannuitydue.
T8.Compoundingperiodinterestrate.
T9.Definitionofpresentvalue.
T10.Futurevalueofasinglesum.
F11.Determiningpresentvalue.
F12.Presentvalueofasinglesum.
F13.Annuitydueandinterest.
T14.Annuitydueandordinaryannuity.
T15.Annuitydueandordinaryannuity.
T16.Numberofcompoundingperiods.
F17.Futurevalueofanannuityduefactor.
T18.Presentvalueofanordinaryannuity.
F19.Futurevalueofadeferredannuity.
T20.Determiningpresentvalueofbonds.
MultipleChoice—Conceptual
AnswerNo.Description
a21.Appropriateuseofanannuityduetable.
d22.Timevalueofmoney.
b23.Presentvaluesituations.
a24.Definitionofinterest.
c25.Interestvariables.
d26.Identificationofcompoundingapproach.
b27.Futurevaluefactor.
b28.Understandingcompoundinteresttables.
a29.Identificationofcorrectcompoundinteresttable.
d30.Identificationofcorrectcompoundinteresttable.
c31.Identificationofcorrectcompoundinteresttable.
c32.Identificationofcorrectcompoundinteresttable.
b33.Identificationofcorrectcompoundinteresttable.
c34.Identificationofpresentvalueof1table.
cS35.Identificationofcorrectcompoundinteresttable.
aS36.Identificationofcorrectcompoundinteresttable.
MultipleChoice—Conceptual(cont.)
AnswerNo.Description
aS37.Presentvalueofanannuityduetable.
cP38.Definitionofanannuitydue.
aP39.Identificationofcompoundinterestconcept.
dP40.Identificationofcompoundinterestconcept.
d41.Identificationofnumberofcompoundingperiods.
a42.Adjusttheinterestratefortimeperiods.
d43.Definitionofpresentvalue.
cP44.Compoundinterestconcepts.
a45.Differencebetweenordinaryannuityandannuitydue.
c46.Futurevalueof1andpresentvalueof1relationship.
b47.Identifyfuturevalueof1concept.
d48.Determinebestbonusoption
d49.Identifyfuturevalueofanordinaryannuity
b50.Identifyfuturevalueofanordinaryannuity
cP51.Futurevalueofanannuityduefactor.
c52.Determinethetimingofrentsofanannuitydue.
b53.Factorsofanordinaryannuityandanannuitydue.
c54.Determinepresentvalueofanordinaryannuity.
b55.Identificationofafuturevalueofanordinaryannuityof1.
b56.Presentvalueofanordinaryannuityandanannuitydue.
b57.Differencebetweenanordinaryannuityandanannuitydue.
b58.Presentvalueofordinaryannuityandpresentvalueofannuitydue
relationship
c59.Identifypresentvalueofordinaryannuityconcept.
c60.Determineleastcostlyoption.
d61.Definitionofdeferredannuities.
PThesequestionsalsoappearintheProblem-SolvingSurvivalGuide.
SThesequestionsalsoappearintheStudyGuide.
MultipleChoice—Computational
AnswerNo.Description
a62.Calculatethefuturevalueof1.
d63.Calculateamountofinterestpaid.
d64.Interestcompoundedquarterly.
c65.Calculatepresentvalueofafutureamount.
b66.Calculateafuturevalue.
a67.Calculateafuturevalueofanannuitydue.
b68.Calculateafuturevalue.
c69.Calculateafuturevalue.
c70.Calculatepresentvalueofafutureamount.
d71.Calculatepresentvalueofafutureamount.
a72.Calculatepresentvalueofanannuitydue.
d73.Calculatethefuturevalueof1.
b74.Presentvalueofasinglesum.
c75.Presentvalueofasinglesum,unknownnumberofperiods.
c76.Futurevalueofasinglesum.
MultipleChoice—Computational(cont.)
AnswerNo.Description
b77.Presentvalueofasinglesum.
b78.Presentvalueofasinglesum,unknownnumberofperiods.
c79.Futurevalueofasinglesum.
d80.Calculatethepresentvalueof1.
c81.Calculatethefuturevalueof1.
a82.Calculatethepresentvalueof1.
c83.Calculateinterestrate.
a84.Calculatenumberofyears.
b85.Calculatethefuturevalueof1.
c86.Calculatethepresentvalueof1.
c87.Calculatethepresentvalueof1.
d88.Calculatethepresentvalueof1andpresentvalueofanordinaryannuity.
d89.Calculatenumberifyears.
b90.Calculatetheamountofannualdeposit.
d91.Calculatetheamountofannualdeposit.
d92.Calculatetheamountofannualdeposit.
a93.Presentvalueofanordinaryannuity.
b94.Presentvalueofanannuitydue.
c95.Futurevalueofanordinaryannuity.
d96.Futurevalueofaannuitydue.
a97.Presentvalueofanordinaryannuity.
b98.Presentvalueofanannuitydue.
c99.Futurevalueofanordinaryannuity.
d100.Futurevalueofanannuitydue.
a101.Calculatefuturevalueofanannuitydue.
a102.Calculatefuturevalueofanordinaryannuity.
d103.Calculatefuturevalueofanannuitydue.
c104.Calculateannualdepositforannuitydue.
d105.Calculatecostofmachinepurchasedoninstallment.
a106.Calculatepresentvalueofanordinaryannuity.
b107.Calculatepresentvalueofanannuitydue.
b108.Calculatecostofmachinepurchasedoninstallment.
c109.Calculatecostofmachinepurchasedoninstallment.
a110.Calculatetheannualrentsofleasedequipment.
b111.Calculatepresentvalueofaninvestmentinequipment.
b112.Calculateproceedsfromissuanceofbonds.
b113.Calculateproceedsfromissuanceofbonds.
c114.Calculatepresentvalueofanordinaryannuity.
d115.Calculateinterestrate.
a116.Calculatepresentvalueofanannuitydue.
b117.Calculateeffectiveinterestrate.
d118.Calculatepresentvalueofanordinaryannuity.
b119.Calculatepresentvalueofanannuitydue.
b120.Calculateannualinterestrate.
c121.Calculateinterestrate.
b122.Calculateannualleasepayment.
a123.Calculatesellingpriceofbonds.
MultipleChoice—CPAAdapted
AnswerNo.Description
c124.Calculateinterestexpenseofbonds.
d125.Identificationofcorrectcompoundinteresttable.
c126.Calculateinterestrevenueofazero-interest-bearingnote.
a127.Appropriateuseofanordinaryannuitytable.
b128.Calculateannualdepositofannuitydue.
a129.Calculatethepresentvalueofanote.
a130.Calculatethepresentvalueofanote.
d131.Determinetheissuepriceofabond.
b132.Determinetheacquisitioncostofafranchise.
Exercises
ItemDescription
E6-133Presentandfuturevalueconcepts.
E6-134Computeestimatedgoodwill.
E6-135Presentvalueofaninvestmentinequipment.
E6-136Futurevalueofanannuitydue.
E6-137Presentvalueofanannuitydue.
E6-138Computetheannualrent.
E6-139Calculatethemarketpriceofabond.
E6-140Calculatethemarketpriceofabond.
PROBLEMS
ItemDescription
P6-141Presentvalueandfuturevaluecomputations.
P6-142Annuitywithchangeininterestrate.
P6-143Presentvalueofordinaryannuityandannuitydue.
P6-144Findingtheimpliedinterestrate.
P6-145Calculationofunknownrentandinterest.
P6-146Deferredannuity.
CHAPTERLEARNINGOBJECTIVES
1.Identifyaccountingtopicswherethetimevalueofmoneyisrelevant.
2.Distinguishbetweensimpleandcompoundinterest.
3.Useappropriatecompoundinteresttables.
4.Identifyvariablesfundamentaltosolvinginterestproblems.
5.Solvefutureandpresentvalueof1problems.
6.Solvefuturevalueofordinaryandannuitydueproblems.
7.Solvepresentvalueofordinaryandannuitydueproblems.
8.Solvepresentvalueproblemsrelatedtodeferredannuitiesandbonds.
SUMMARYOFLEARNINGOBJECTIVESBYQUESTIONS
Item
Type
Item
Type
Item
Type
Item
Type
Item
Type
Item
Type
Item
Type
LearningObjective1
1.
TF
2.
TF
21.
MC
22.
MC
23.
MC
24.
MC
25.
MC
LearningObjective2
3.
TF
4.
TF
5.
TF
26.
MC
62.
MC
63.
124.
MC
LearningObjective3
6.
TF
27.
MC
30.
MC
33.
MC
S36.
MC
64.
MC
7.
TF
28.
MC
31.
MC
34.
MC
S37.
MC
125.
MC
8.
TF
29.
MC
32.
MC
S35.
MC
P38.
MC
LearningObjective4
9.
TF
P39.
MC
P40.
MC
41.
MC
42.
MC
LearningObjective5
10.
TF
46.
MC
69.
MC
76.
MC
82.
MC
88.
MC
135.
E
11.
TF
47.
MC
70.
MC
77.
MC
83.
MC
89.
MC
141.
P
12.
TF
48.
MC
71.
MC
78.
MC
84.
MC
124.
MC
43.
MC
65.
MC
73.
MC
79.
MC
85.
MC
126.
MC
P44.
MC
66.
MC
74.
MC
80.
MC
86.
MC
133.
E
45.
MC
68.
MC
75.
MC
81.
MC
87.
MC
134.
E
LearningObjective6
13.
TF
49.
MC
53.
MC
92.
MC
96.
MC
100.
MC
136.
E
14.
TF
50.
MC
67.
MC
93.
MC
97.
MC
101.
MC
142.
P
16.
TF
P51.
MC
90.
MC
94.
MC
98.
MC
102.
MC
17.
TF
52.
NC
91.
MC
95.
MC
99.
MC
103.
MC
LearningObjective7
15.
TF
57.
MC
104.
MC
110.
MC
116.
MC
122.
MC
140.
E
18.
TF
58.
MC
105.
MC
111.
MC
117.
MC
127.
MC
141.
P
53.
MC
59.
MC
106.
MC
112.
MC
118.
MC
128.
MC
143.
P
54.
MC
60.
MC
107.
MC
113.
MC
119.
MC
137.
E
144.
P
55.
MC
72.
MC
108.
MC
114.
MC
120.
MC
138.
E
145.
P
56.
MC
88.
MC
109.
MC
115.
MC
121.
MC
139.
E
LearningObjective8
19.
TF
20.
TF
61.
MC
123.
MC
146.
P
Note:
TF=True-FalseE=Exercise
MC=MultipleChoiceP=Problem
TRUE-FALSE—Conceptual
1.Thetimevalueofmoneyreferstothefactthatadollarreceivedtodayisworthlessthanad
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- Intermediate Accounting Test Bank 13e Chapter 13
![提示](https://static.bingdoc.com/images/bang_tan.gif)
链接地址:https://www.bingdoc.com/p-1932482.html