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2019 CFA level 1 SS 08 quiz 1 financial reporting and analysis inventories long live asset income taxes

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Nội dung chi tiết: 2019 CFA level 1 SS 08 quiz 1 financial reporting and analysis inventories long live asset income taxes

2019 CFA level 1 SS 08 quiz 1 financial reporting and analysis inventories long live asset income taxes

ss 08 Financial Reporting and Analysis: Inventories, Long-lived Assets, Income Taxes, and Non-current LiabilitiesQuestion #1 of 143Question ID 456301A

2019 CFA level 1 SS 08 quiz 1 financial reporting and analysis inventories long live asset income taxes All-Star Enterprises purchased a machine on January 1. The company uses straight-line depreciation for financial reporting and accelerated depreciatio

n for tax purposes. Depreciation for tax purposes during the year was S36.000 greater than depreciation for financial reporting Assuming a 30% tax rat 2019 CFA level 1 SS 08 quiz 1 financial reporting and analysis inventories long live asset income taxes

e will apply in the future, how much will be recorded as a deferred tax liability during the year9A)36000B)25200C)10800Question #2 of 143Question ID 4

2019 CFA level 1 SS 08 quiz 1 financial reporting and analysis inventories long live asset income taxes

34299A temporary difference between income tax expense and taxes payable result in a(n):A)deferred tax itemB)adjustment to the effective tax rateC)gai

ss 08 Financial Reporting and Analysis: Inventories, Long-lived Assets, Income Taxes, and Non-current LiabilitiesQuestion #1 of 143Question ID 456301A

2019 CFA level 1 SS 08 quiz 1 financial reporting and analysis inventories long live asset income taxes any issues a bond at a premium, its effect on the debt/equity ratio will be:A)no effect on the ratio over the life of the bondB)a decreasing trend in

the ratio over the life of the bondC)an increasing trend in the ratio over the life of the bondQuestion #4 of 143Question ID 414625An analyst compares 2019 CFA level 1 SS 08 quiz 1 financial reporting and analysis inventories long live asset income taxes

two companies that are identical except that Company X uses finance leases and Company Y uses operating leases. The analyst would expect Company X's

2019 CFA level 1 SS 08 quiz 1 financial reporting and analysis inventories long live asset income taxes

debt-to-equity ratio, relative to Company Y”s. to be:A) the same.B)tower.C)higher.Question #5 of 143Question ID 414524Which of the following statement

ss 08 Financial Reporting and Analysis: Inventories, Long-lived Assets, Income Taxes, and Non-current LiabilitiesQuestion #1 of 143Question ID 456301A

2019 CFA level 1 SS 08 quiz 1 financial reporting and analysis inventories long live asset income taxes se is a combination of operating and financing cash flows.C)The interest expense in each period IS found by applying the discount rate to the book val

ue of debt al the end of the period.Question #6 of 143Question ID 414533A tax loss carryforward is test described as the:A)net taxable loss that can b 2019 CFA level 1 SS 08 quiz 1 financial reporting and analysis inventories long live asset income taxes

e used to reduce taxable income in the future.B)net taxable toss that can be used to refund paid taxes from the previous year.C)difference of deferred

2019 CFA level 1 SS 08 quiz 1 financial reporting and analysis inventories long live asset income taxes

tax liabilities and deferred tax assets

ss 08 Financial Reporting and Analysis: Inventories, Long-lived Assets, Income Taxes, and Non-current LiabilitiesQuestion #1 of 143Question ID 456301A

ss 08 Financial Reporting and Analysis: Inventories, Long-lived Assets, Income Taxes, and Non-current LiabilitiesQuestion #1 of 143Question ID 456301A

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