国际会计第四章练习PPT课件.pptx

一 SingleChoice1 Inhighlyinflationaryeconomies firmswouldexperienceamonetarylossbecauseofholding A MonetaryliabilitiesB MonetaryassetsC Non monetaryassetsD Alloftheabove 2020 3 20 1 3 WhichcountryexpensesallR Doutlayswhentheyareincurred C A U K B GermanyC U S D China 2020 3 20 2 4 Whichofthefollowingtreatmentsforintangibleassetsisn tcorrect A A ManycompaniesrecognizeinternallygeneratedbrandsasassetsinAmericanB IntangibleassetsthathavefiniteusefullivesaretobeamortizedovertheirusefullivesinSFAS142C AllR DoutlaysshouldbeexpensedwhentheyareincurredintheUSD ResearchcostsshouldbeexpensedimmediatelyinIAS38 2020 3 20 3 5 WhichofthefollowingdescriptionaboutthegoodwillinAmericanisn tcorrect D A Purchasedgoodwillmeetsthecriteriaforassetrecognitionwhileinternallygeneratedgoodwilldoesn tB GoodwillistheexcessofthevalueofanongoingbusinessoverthevalueoftheindividualidentifiablenetassetsofthebusinessC PositivegoodwillisthetotalpricepaidforanacquiredbusinessishigherthanthefairvalueofitsnetidentifiableassetsD Recognizedgoodwillwithfiniteusefullivesshouldbeamortized 2020 3 20 4 6 Duringahigh inflationaryperiod ifCurrentCost AdjustedModelisusedintranslation anentitywouldGainfromholding C A MonetaryAssetsB EquipmentborrowedfromotherentitiesC Long termdebtborrowfrombanksD Non monetaryLiabilities 2020 3 20 5 二 MultipleChoice1 Thereasonsthatrecognizedgoodwillshouldbesystematicallyamortizedare AB A goodwillhasafinitelifeanderodesovertime B thepurchasedgoodwillisofnecessityreplacedbyinternallygeneratedgoodwill C goodwillhasaninfinitelifeandevenenhancedovertimeD systematicallyamortizedisinherentlyarbitrary E systematicallyamortizedwouldresultinadoublehitagainstfutureearnings 2020 3 20 6 2 Insegmentfinancialreporting whichofthefollowingclassificationsarenotclassifiedbybusinesssegment comparingtogeographicalsegment ABE A ThenatureoftheproductsorservicesB ThenatureoftheproductionprocessesC RelationshipbetweenoperationsindifferentgeographicareasD SpecialrisksassociatedwithoperationsinaparticularareaE Themethodsusedtodistributetheproductsorprovidetheservices 2020 3 20 7 三 TrueorFalse1 Inhigh inflationenvironment countriesuseinflation adjustedmodelstoprovidemoredecision relevantinformation 2 ManycompaniesrecognizeinternallygeneratedbrandsasassetsinAustralia 3 Aweaknessofthehistoricalcostmodelisthatitdoesnotaccountforchangesinthepurchasingpowerofthecurrencythatisusedinthefinancialstatements 2020 3 20 8 4 Intangibleassetsthathaveindefiniteusefullivesaretobeamortizedovertheirusefullives X 5 Inpurchasedgoodwill ifthetotalpricepaidforanacquiredbusinessishigherthanthefairvalueofitsnetidentifiableassets itisanegativegoodwill X 6 Geographicsegmentreportingcanprovidemoreinformationonfuturecorporateperformance 7 Differentfromhistorical costmodel theCCAmodelaccountforchangesinthegeneralpurchasingpowerofthereportingcurrencyovertime X 2020 3 20 9 CaseProblem1 ThemonetaryassetsandliabilitiesofCowboyU S areasfollows January1 2012December31 2012Monetaryassets5000001700000Monetaryliabilities3000001110000Generalpricelevelindex January1 2012100Averagefor2012150December31 2012160 1 Pleasecomputenetmonetaryasset liabilitypositiononJan1 2012andDecember31 2012 thencalculateitschange2012 2 Pleasecomputemonetarygain lossonbeginningmonetaryasset liabilityposition 3 Pleasecomputemonetarygain lossonchangefor2012 4 Pleasecomputethenetmonetarygain loss thenjudgewhetherthecompanyexperiencednetmonetarylossorgainin2012 2020 3 20 10 1 NetAssetpositionon1stJan 500000 300000 200000 2 NetAssetPositionon31stDec 1700000 1110000 590000 1 Changein2012 590000 20000 39000 1 2 Monetarylossonbeginningmonetaryassetsposition 500000 300000 160 100 200000 120000 2 3 Monetarylossonchangefortheyear 390000 160 150 390000 26000 2 4 Netmonetarylossfortheyear 120000 26000 146000 2 2020 3 20 11 2 ThemonetaryassetsandliabilitiesofCowboyU S areasfollows January1 2012December31 2012Monetaryassets 25000 32000Monetaryliabilities 36000 40000 Generalpricelevelindex January1 2012100Averagefor2012103December31 2012110 1 Pleasecomputenetmonetaryasset liabilitypositiononJan1 2012andDecember31 2012 thencalculateitschange2012 2 Pleasecomputemonetarygain lossonbeginningmonetaryasset liabilityposition 3 Pleasecomputemonetarygain lossonchangefor2012 4 Pleasecomputethenetmonetarygain loss thenjudgewhetherthecompanyexperiencednetmonetarylossorgainin2012 2020 3 20 12 1 NetLiabilitypositionon1stJan 2500 3600 11000 4 NetLiabilityPositionon31stDec 3200 4000 8000 Changein2012 8000 11000 3000 2 MonetaryGain 11000 x 110 100 1 1100gain 2 3 MonetarylossonChange 3000 x 110 103 1 203 88loss 2 4 NetMonetarygain 1100 203 88 896 12gain 2 2020 3 20 13 4