"Financial Report"：Profit outflow

來源: 正保會計網(wǎng)校編輯：某某 2020/09/10 11:51:13　字體：大小

學(xué)習(xí)是一個不斷積累的過程，每天學(xué)習(xí)一點，每天進(jìn)步一點！為了幫助大家更高效地備考2021年CFA考試，正保會計網(wǎng)校每日為大家上新CFA習(xí)題供大家練習(xí)。讓網(wǎng)校與您一起高效備考2021年CFA考試，夢想成真！

Questions 1:

At the end of the year, a company reported an impairment loss on its manufacturing plant, reducing its carrying amount by 10%. The impairment loss is least likely to cause the company’s:

A debt- to- asset ratio to increase.

B cash flow from operations to decline.

C fixed asset turnover to increase.

Questions 2:

Obligations arising from past events that are expected to result in an outflow of economic benefits from an entity are most likely known as:

A expenses.

B liabilities.

C operating activities.

View answer resolution

【Answer to question 1】（B）

【analysis】

B is correct. The impairment loss is a non- cash charge and will not affect cash flow from operations.

A is incorrect. The statement is correct: the carrying amount of assets has been reduced, so the debt- to- asset ratio will increase.

C is incorrect. The statement is correct: the carrying amount of assets has been reduced, so the fixed asset turnover will increase.

【Answer to question 2】（B）

【analysis】

B is correct. Liabilities are an element of the balance sheet and represent obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

A is incorrect. Expenses are a component of the income statement and are defined as outflows, depletions of assets, and incurrences of liabilities in the course of the activities of a business.

C is incorrect. Operating activities are a classification used in the cash flow statement and include the cash flows resulting from a company’s day- to- day activities that create revenue.

成功=時間+方法，自制力是這個等式的保障。世上無天才，高手都是來自刻苦的練習(xí)。而人們經(jīng)常只看到“牛人”閃耀的成績，其成績背后無比寂寞的勤奮。小編相信，每天都在勤奮練習(xí)，即使是一點點的進(jìn)步，大家一定可以成為人人稱贊的“牛人”。

上一篇："Financial Report"：Inventory valuation ...

下一篇："Financial Report"：The function of fina...