Download Guided ACCT 564 Midterm Exam plus Final Exam


Download Guided ACCT 564 Midterm Exam plus Final Exam


ACCT 564 Week 4 Midterm Exam (MCQs & Explanatory)

  1. Question : (TCO 1) Which of the following is a reason for a company to make a foreign direct investment?
  2. Question : (TCO 1) Which of the following is NOT a problem caused by accounting diversity?
  3. Question : (TCO 1) Which financial statement is provided by virtually all corporations worldwide?
  4. Question : (TCO 2) Which of the following are differences between IFRS and U.S. GAAP?
  5. Question : (TCO 2) Which of the following items should be included in the cost of property, plant, and equipment under IAS 16?
  6. Question : (TCO 2) What conditions must be met for revenue from the sale of goods to be recognized under IAS 18?
  7. Question : (TCO 2) Which of the following is NOT a share-based payment transaction under IFRS 2?
  8. Question : (TCO 2) Which of the following inventory valuation methods commonly used in the United States is NOT allowed under IAS 2 (Inventories)?
  9. Question : (TCO 3) Which of the following is true with regards to IAS 12, Income Taxes?
  10. Question: (TCO 3) What does the structure of the Codification Database include?
  11. Question : (TCO 1) How does religion influence financial reporting?
  12. Question : (TCO 1) Describe how terminology in financial statements differs across countries.
  13. Question : (TCO 2) Define harmonization and discuss its significance to international financial reporting.
  14. Question : (TCO 2) Discuss the arguments against international convergence of financial reporting standards.
  15. Question : (TCO 3) What is the difference between harmonization and convergence of accounting standards?
  16. Question : (TCO 1) One of the reasons for accounting diversity is inflation. Define inflation and discuss how inflation contributes to accounting diversity.
  17. Question : (TCO 2) What is a principles-based accounting system? Describe how it differs from a rules-based accounting system. Which one do you think results in the more accurate financial statements?

ACCT 564 Week 8 Final Exam (Explanatory)

  1. Question : (TCO 1) What do you think is the most important event in the history of international accounting standards?
  2. Question : (TCO 2) What is the difference between a rules-based accounting standard and a principles-based accounting standard?
  3. Question : (TCO 3) Why was the FASB Codification Project initiated?
  4. Question : (TCO 4) How do you hedge foreign exchange risk? What is the risk in hedging this risk?
  5. Question : (TCO 5) Why is it difficult to analyze foreign financial statements? Describe one of the potential problems in analyzing foreign financial statements.
  6. Question : (TCO 6) What factors are considered in the treatment of foreign source income? Which factor do you think is the most important?
  7. Question : (TCO 7) Describe three transfer pricing methods. Why is it important to accurately determine the transfer price for goods and services?

Need Help with Exams?


Are you a struggling pupil who isn’t able to handle the strain he is dealing with with inside the case of taking the internet tests due to numerous extraordinary activities? Or are you finding it very complicated to finish the given tests at once with some top-notch grades? Don’t worry, Exams helpers help you in this situation! The company enterprise is the terrific top-notch service you can avail of in recent times for the betterment of your future and for the suitable affiliation of premium-level of test-taking services on your behalf. We have been constantly providing super help to every & every pupil who turned searching out affordable, reliable, and qualitative services in a well-timed manner. Whether it ways about exam problems or exam-related problems, you are facing, we’re capable of covering in the course of pay a person to take my online exam services on the go. The Online Test Help query is solved properly right here quickly. Just call us or mail us, and we may be there to hold some professional top-notch exam-taking services with a money-once-more guarantee, consequently, you will do not have anything to drop. Pay to do a web exam now. For custom, help email us at [email protected] or WhatsApp us at +1(657)366-7486


Scott Belmont from NYC, USA
Hired a tutor to take programming class and final exam
40 minutes ago
Ebony Nicole from Bronx, USA
Hired a tutor to take history and algebra final exams
2 hours ago
Randy Wells from Texas, USA
Hired an expert to take chemistry proctored exam
1 hour ago
Kurt LeBlanc from Iowa, USA
Hired an expert to take statistics online exam
1 hour ago