速看：美国注册会计师CPA考试练习题精选01

发布时间：2020-09-07

---

各位小伙伴大家好，美国CPA考试共有三种题型：选择题，案例分析题和写作题，不同科目题型分配不同，为了帮助大家更好地备考，51题库考试学习网带来了练习题供大家练习，帮助大家熟悉题型和积累答题经验，具体内容如下：

1.Kale Co. purchased bonds at a discount on the open market as an investment and intends to hold these bonds to maturity. Kale should account for these bonds at:

a. Fair value.

b. Lower of cost or market.

c. Amortized cost.

d. Cost.

答案：C

Explanation

Choice "c" is correct. Bond investments which are intended to be held until the maturity date are classified as held-to-maturity securities and are reported at their amortized cost.

Choice "d" is incorrect. Investments in marketable securities are reported at fair value or at their amortized cost, depending on their classification.

Choice "a" is incorrect. Trading securities and available-for-sale securities are reported at their fair value.

Choice "b" is incorrect. The lower of cost or market method is no longer used to account for marketable securities.

2.On both December 31, Year 1, and December 31, Year 2, Kopp Co.\\'s only marketable equity security had the same market value, which was below cost. Kopp considered the decline in value to be temporary in Year 1 but other than temporary in Year 2. At the end of both years the security was classified as an available-for-sale asset. Kopp could not exercise significant influence over the investee. What should be the effects of the determination that the decline was other than temporary on Kopp\\'s Year 2 net available-for-sale assets and net income?

a. No effect on both net available-for-sale assets and net income.

b. No effect on net available-for-sale assets and decrease in net income.

c. Decrease in both net available-for-sale assets and net income.

d. Decrease in net available-for-sale assets and no effect on net income.

答案：B

Explanation

Choice "b" is correct. In Year 1, the security would be written down to fair value. The unrealized holding loss would be reported in other comprehensive income. In Year 2, the unrealized holding loss would be removed from accumulated other comprehensive income and recognized in earnings as a realized loss since the decline is classified as other than temporary in Year 2. This Year 2 entry has no effect on available-for-sale assets and decreases net income by the amount of the realized loss.

Choice "a" is incorrect. In Year 2, the unrealized holding loss would be removed from accumulated other comprehensive income and recognized in earnings as a realized loss.

Choice "d" is incorrect. In Year 1, the security would be written down to fair value. The unrealized holding loss would be reported in other comprehensive income. In Year 2, the unrealized loss would be removed from accumulated other comprehensive income and recognized in earnings as a realized loss.

Choice "c" is incorrect. In Year 1, the security would be written down to fair value.

以上就是今天分享的全部内容了，希望本文对各位有所帮助，预祝各位取得满意的成绩，如需了解更多相关内容，请关注51题库考试学习网！

---

下面小编为大家准备了 美国CPA考试 的相关考题，供大家学习参考。

---

声明：本文内容由互联网用户自发贡献自行上传，本网站不拥有所有权，未作人工编辑处理，也不承担相关法律责任。如果您发现有涉嫌版权的内容，欢迎发送邮件至：contact@51tk.com 进行举报，并提供相关证据，工作人员会在5个工作日内联系你，一经查实，本站将立刻删除涉嫌侵权内容。