速看：美国注册会计师CPA考试练习题精选23

发布时间：2020-09-07

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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.At the beginning of Year 2, a company invested $40,000 in a marketable equity security. At that time the security was appropriately classified as an available-for-sale security. At the end of Year 2, the security had a fair value of $28,500. The change in fair value is deemed temporary. How should this change in fair value be reported in the financial statements?

a. As a realized loss of $11,500 as part of net income.

b. As an unrealized loss of $11,500 as part of net income.

c. As a realized loss of $11,500 as part of other comprehensive income.

d. As an unrealized loss of $11,500 as part of other comprehensive income.

答案：D

Explanation

Choice “d” is correct. Unrealized gains and losses on available-for-sale (AFS) securities are booked in other comprehensive income (OCI). Changes in the fair value of the securities will continue to go to OCI until the security is sold, at which point the balance in OCI will be removed and a realized gain or loss will be booked on the income statement. Because the security has not been sold, the change in fair value from $40,000 to $28,500 represents an unrealized loss of $11,500, which goes straight to OCI.

Choice “a” is incorrect. This choice would only be correct if the security was actually sold for $28,500. Changes in fair value for AFS securities represent unrealized gains or losses which go to OCI.

Choice “c” is incorrect. The loss of $11,500 will go into OCI, but it will be unrealized rather than realized.

Choice “b” is incorrect. Unrealized losses on AFS securities go into OCI rather than onto the income statement.

2.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.

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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。

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