题目内容（请给出正确答案）

[主观题]

On 1 January, a company, which prepares its financial statements according to IFRS, a

rranged financing for the construction of a new plant. The company:

·Borrowed NZ$5,000,000 at an interest rate of 8%.

·Issued NZ$5,000,000 of preferred shares with a cumulative dividend rate of 6%, and

·During the first year of construction of the company was able to temporarily invest NZ$2,000,000 of the loan proceeds for the first six months and earned 7% on that amount.

The amount of financing costs to be capitalized (NZS) to the cost of the plant in the first years isclosest to:

A.330,000.

B.400,000.

C.630,000.

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第1题

A European based company follows IFRS (International Financial Reporting Standards) a

nd capitalizes new product development costs. During 2008 they spent€25 million on new product development and reported an amortization expense related to a prior year’s new product development of €10 million. Other information related to 2008 is as follows:

An analyst would like to compare the European company to a similar U.S. based company and has decided to adjust their financial statements to U.S. GAAP. Under U.S. GAAP, and ignoring tax effects, the cash flow from operations (€ millions) for the company would be closest to:

A. 265.

B. 275.

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第2题

A company acquires a manufacturing facility in which it will produce toxic chemicals.

The cost of the facility (exclusive of the underlying land) is $25 million and it is expected to provide a 10-year useful life, after which time the company will demolish the building and restore the underlying land. The cost of this restoration and cleanup is estimated to be $3 million at that time. The facility will be amortized on a straight-line basis. The company’s discount rate associated with this obligation is 6.25 percent. The total expense that will be recorded in the first year associated with the asset retirement obligation on this property isclosest to:

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第3题

Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise

noted.

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B. impaired and future ROA decreases.

C. not impaired and future ROA increases.

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第4题

A company acquires some new depreciable assets. Which of the following combinations o

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A. low salvage value estimates and long average lives.

B. high salvage value estimates and long average lives.

C. high salvage value estimates and short average lives.

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第5题

A Canadian printing company which prepares its financial statements according to IFRS

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C. 70,000.

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第6题

A company, which prepares its financial statements in accordance with IFRS uses the r

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A. increase return on sales.

B. increase return on assets.

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第7题

A Mexican corporation is computing the depreciation expense of a piece of manufacturi

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C. 112,000 higher using the double-declining method compared with the units-of-production method.

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第8题

Which of the following is the least likely reason as to why a firm’s management would

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A. Management wants to increase ROE in future periods.

B. The company is approaching the leverage limits of its borrowing agreement.

C. Management is concerned that income for the current year will fall below levels expected by analysts.

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第9题

At the start of the year, a company acquired new equipment at a cost of €50,000, esti

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A. €555.

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第10题

An analyst gathers the following information ($ millions) about three companies opera

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A. 1.

B. 2.

C. 3.

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