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英文会計検定 1級

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How is “Goodwill” calculated in a partial (80%) acquisition?

Goodwill is the difference between the sum of the consideration and NCI fair value, and the fair va…

2026年5月18日

Which of the following assets is NOT subject to the recoverability test (undiscounted cash flows)?

Goodwill and indefinite-lived intangibles use a fair value test directly, skipping the recoverabili…

2026年5月18日

For a lessee, “Lease Payments” included in the liability calculation exclude:

Variable lease payments based on usage or sales are generally expensed as incurred and excluded fro…

2026年5月18日

Under US GAAP, “Interest Received” is classified as:

While it may seem like an investment result, interest and dividend receipt are operating activities…

2026年5月18日

A “Deferred Tax Asset” represents:

A DTA represents the future tax benefit of deductible temporary differences or carryforwards.

2026年5月18日

Which of the following is a “counterbalancing” error?

Inventory errors are counterbalancing because they correct themselves over a two-period interval.

2026年5月18日

If a company settles a lawsuit for an amount different than the Dec 31 accrual on Feb 1, they should:

A lawsuit settlement is a Type 1 event providing evidence of a condition that existed at year-end, …

2026年5月18日

The rate of interest actually earned by bondholders is called the:

The effective (or market) rate is the actual yield the investor receives based on the purchase pric…

2026年5月18日

When “Treasury Stock” is retired, which account is always credited?

Retiring treasury stock requires removing the shares from the Treasury Stock account at their cost …

2026年5月18日

What is the treatment for “Incremental Costs of Obtaining a Contract” (e.g., sales commissions)?

Costs to obtain a contract are capitalized if they are expected to be recovered and the period exce…

2026年5月18日