In p>2122, the CPA exam finally started in everyone's anxiety. I believe everyone wants to know the real question of this exam. The following are the real questions of Accounting that Deep Space Network compiled according to the feedback and memories of the students after the first exam. The answer is not the official answer. Because the memories of the questions are not necessarily complete and rigorous, there may be deviations. It is only for students to refer to what knowledge points were assessed in this exam.

2122 Certified Public Accountant Examination Zhenti Summary (Memory Edition)

1. Multiple-choice questions

1. Enterprise A sells gift coupons for restaurant B. Customers with gift coupons can dine at designated restaurants. Gift vouchers provide customers with a significant discount significantly lower than the normal selling price of food and beverage (customers pay RMB 111 to buy gift vouchers, and they can enjoy the food and beverage priced in 211 yuan in the restaurant). Enterprise A only buys gift coupons when customers need them. Gift vouchers are sold through the website of enterprise A and are non-refundable. Enterprise A and Restaurant B * * * agree on the price of gift vouchers to be sold to customers. After the gift certificate is sold, enterprise A has the right to collect 31% of the gift certificate sale price. Enterprise A does not bear the credit risk because customers pay in time when purchasing. Enterprise A assists customers in solving complaints about catering and has a customer satisfaction plan. However, the restaurant is responsible for fulfilling the obligations related to gift vouchers, including remedial measures for customers' dissatisfied services. The following items are correct ().

A, enterprise a is the main responsible person

B, enterprise a is the agent

C, enterprise a confirms the income according to the gross method

D, and restaurant b should confirm the income according to the net method

reference answer b

2.2x On February 9, 2112, Company A sold a batch of goods to Company B on credit, which cost 45 million yuan and sold for 51,111 yuan. The agreed repayment period is 5 months, and by July 9, 2X22, Company B still failed to repay the loan. Company A has accrued 3.5 million yuan of bad debt reserve for the creditor's rights. Company A learned that it was difficult for Company B to recover the funds due to insufficient liquidity on time. In order to reduce losses, Company A and Company B reached a debt restructuring agreement. According to the agreement, Company B invested in other equity instruments to pay off the debts owed to Company A.. The book value of investment in other equity instruments is 41 million yuan (of which the cost is 35 million yuan and the fair value changes by 5 million yuan) and the fair value is 51 million yuan. On that day, the fair value of the creditor's rights was 51 million yuan, and Company A obtained the debt-paying assets of Company B as financial assets measured at fair value and its changes were included in the current profits and losses. Regardless of other factors, the following statement is true ().

A, the impact of this debt restructuring on Company A's current profit and loss is 8.5 million yuan

B, Company B should confirm the debt restructuring income of 12 million yuan

C, and the impact of this debt restructuring on Company B's current profit and loss is 8.5 million yuan

D, The entry amount of financial assets of Company A is 51 million yuan

Reference answer D

3. In the case that the parent company contains foreign currency long-term receivables that substantially constitute a net investment in subsidiaries (overseas operations), regardless of other factors, the following statement about accounting treatment of foreign currency statement translation in consolidated financial statements of Company A is correct ().

a. The translation difference of foreign currency statements belonging to minority shareholders should be listed in minority shareholders' equity items

b. Foreign currency monetary items are reflected in the bookkeeping base currency of the parent company, and the exchange difference generated should be listed in the financial expense items while offsetting the long-term accounts receivable and payable items of the parent company

c. Foreign currency monetary items are reflected in the bookkeeping base currency of the subsidiary company, while offsetting the long-term accounts receivable and payable items of the parent company, The generated exchange difference should be listed in the financial expense item

D. If the foreign currency monetary item is reflected in a currency other than the parent company or subsidiary company, the generated exchange difference should be listed in the financial expense item while offsetting the long-term accounts receivable and payable items of the parent company and subsidiary company

Reference answer A

4. Among the following statements about the quality requirements of enterprise accounting information, the correct one is ().

a. An enterprise underestimates assets or income, which reflects the requirement of prudence

b. It ensures the integrity of accounting information under the premise of meeting the principles of importance and cost-effectiveness, which reflects the requirement of importance

c. Financial statements of financial enterprises do not distinguish between current assets and non-current assets, which reflects the requirement of reliability

d. Enterprises are not allowed to change accounting policies at will, which reflects the requirement of comparability

Reference answer d

. Due to cash shortage. Self-produced products with a book value of 81,111 yuan will be used to pay employees' wages. The market price of the products on that day was RMB 1 million.

(2) On May 1, self-produced products with a book value of 4 million yuan were used to pay off debts, and the debt owed to Company B was 5 million yuan. The market price of the products on that day was 4.5 million yuan.

(3) On September 31th, 31,111 yuan of food was purchased and distributed to employees as National Day benefits. Regardless of other factors. The income that A company should confirm when preparing the financial statements for the year of 2*21 is ()

A.513 million yuan B.137 C.4515 D.11

Reference answer D

6. Among the following statements about accounting treatment of enterprise income tax, the correct one is ().

a. When issuing convertible bonds, the income tax impact of temporary differences arising from initial recognition of liabilities should be included in the current profit and loss

b. The income tax impact of temporary differences arising from changes in the fair value of investments in other equity instruments should be included in the current profit and loss

C When it is converted into investment real estate measured at fair value, The income tax impact whose fair value is greater than the temporary difference generated by tax basis should be included in the current profit and loss < P > D. If part of the equity of the subsidiary is disposed of without losing control, And the enterprise income tax payable due to the disposal of part of the equity in the financial statements should be adjusted and included in the equity

Reference answer D

7. The following statement about the accounting treatment of PPP project contracts in administrative institutions is correct ()

A. PPP project assets formed by using the existing assets of social capital parties, The government does not need to carry out accounting treatment

B. The government does not need to carry out accounting treatment for the PPP project assets formed by using the existing assets of the government

C. The government should include the daily maintenance and other follow-up expenses in the normal use of the PPP project assets.

D. The social capital party invests in the construction to form the PPP project assets, and the government should confirm them as PPP project assets when the assets are accepted and delivered for use.

Reference answer D

8.2x. Company A rents 1-2 floors of an office building from Company B as office space. The lease agreement stipulates. The lease starts on April 1, 2x21, and expires on February 31, 2x26. The rent is calculated from the lease start date. The rent is 311,111 yuan per month; Company A has the option to renew the lease for two years. Company A entered the office building on October 1, 2x21 and began to decorate it. Company A cannot reasonably determine that it will exercise the option to renew the lease. Regardless of other factors, the lease term determined by Company A for this lease business is ().

A.7.75 B.8 C.5.75 D.6

Reference answer D

9. Company A uses RMB as its bookkeeping base currency, and the following statements about the conversion of the foreign currency book value of Company A's foreign currency asset account at the end of the period into RMB. The correct one is ().

a. Foreign currency contract assets are converted at the spot exchange rate on the balance sheet date

b. Foreign currency bond investment exchange differences measured at fair value and whose changes are included in other comprehensive income are included in other comprehensive income

c. Foreign currency bonds held in amortized cost are converted at the spot exchange rate on the balance sheet date

d. Foreign currency advance receipts are converted at the spot exchange rate on the balance sheet date

Refer to answer c

. The correct one is ().

a. The entrusted goods and the entrusted goods should be listed separately in the assets and liabilities of the balance sheet

b. Long-term deferred expenses with amortization period less than 1 year, Non-current assets due within one year of the balance sheet

C. Contract assets and liabilities arising from multiple contracts of the same customer should be listed in the balance sheet in net amount

D. Stock investments that are expected to be held for more than 1 years and whose changes are included in the current profits and losses should be listed in other non-current financial assets in the balance sheet

Reference answer D

II. Multiple choice questions

1. The following items are about enterprises.

a. intangible assets cannot be amortized by the method similar to accelerated depreciation of fixed assets

b. intangible assets classified as held for sale should not be amortized

c. the expected consumption mode of economic benefits related to intangible assets cannot be reliably determined. The straight-line method should be used to capture and sell

D. Amortization of patented technology used to produce products should be included in management expenses

Reference answer BC

2. Among the following statements about accounting treatment of transaction expenses related to financial instruments, the correct one is ().

A. Transaction costs related to the issuance of stocks are included in equity

B. Transaction costs related to the purchase of stocks and their development as financial assets whose changes are included in other comprehensive income are included in current profits and losses

C. If bonds are purchased and subsequently measured according to amortized cost, The related transaction costs incurred are included in the current profit and loss

D. The related transaction costs incurred in issuing convertible bonds are included in the equity and liabilities

Reference answer AD

III. Calculation questions

1. Consolidated financial report:

Information 1: Adjustment and offset entries of consolidated financial report in the second year after the non-controlled purchase date.

data 2: asset group impairment, impairment loss allocation, first allocated to goodwill, the excess part allocated to ABC three assets.

2. revenue+lease:

information 1: revenue: whether to merge the two contracts of commercial housing sales and fine decoration, identify the performance obligations, and confirm the method and time of revenue.

data 2: lease: the text describes the accounting treatment of leaseback after sale, and does not provide the present value coefficient. Other data indicate that the time value is not considered, so it does not involve calculation.

3. government subsidies (government subsidies related to assets and government subsidies related to income, and got a complete calculation question); The government gave a subsidy of 16 million yuan, 1211 yuan for the building, and 4 million yuan for the intangible assets. The building is under construction, and the intangible assets are still under development. The government has an agreement, and there is a performance appraisal. If it passes, it will be fine. If it fails, it will be taken back. In that year, the enterprise was not sure whether it can pass, but it will pass next year. I asked about the accounting treatment of the subsidies in that year and next year, and then sold the building two years later. Accounting treatment

4. Financial instruments:

Company A, the controlling shareholder of Company A and external Company B have increased capital for Company A, and it is agreed that Company A cannot go public within three years, and Company A or the controlling shareholder of Company A wants to buy back the equity held by Company B, which shall be measured according to the fair value of Company A's equity on the repurchase date and the sum of 51 million capital increase and 8% interest rate per year. Ask whether Company A and the controlling shareholder of Company A are financial liabilities or equity instruments, and then write an entry. During the period after the balance sheet date, a supplementary agreement was signed. This repurchase agreement was terminated, and it is not necessary to buy back. Ask whether it belongs to the adjustment of assets and liabilities in the future.

5. Consolidated financial report < P > Company A is a manufacturing enterprise with two subsidiaries B and C.

company a holds 71% shares of company b and 61 shares of company C ..

(1) On October 1, Company A acquired 71% equity of Company B for 35 million yuan.

on the investment date, the book value of Company B's identifiable net assets is 41 million yuan (paid-in capital is 511 yuan, capital reserve is 411 million yuan, surplus reserve is 2 million yuan, and undistributed profit is 3111 yuan). The fair value of identifiable net assets is 45 million yuan. The fair book difference is caused by an intangible asset, which is expected to last for 8 years.

in p>19, 21 and 21 years, the net profit of Company B was RMB 3,117,118,111 respectively. No other owner's equity changes.

(2) The book value of equipment A in asset group C is RMB 12 million.

the book value of equipment b is RMB 18 million.

the book value of equipment c is 2 million yuan. The present value of future cash flow of C equipment is not available. The net amount of fair value minus disposal expenses is 1.5 million yuan.

company a invests in company c with a certain amount, which has a good reputation.

income tax is not considered.

the offset entries of Part (1) and Part B are required.

(2) calculate the impairment amount of the asset group and the impairment amount of each asset in the asset group.

6. Consolidated report+investment real estate (three-year consolidated entry)

4. Comprehensive question

1. Error correction

Six materials are corrected separately, and correct accounting entries are prepared, without the need to prepare corrected entries, only the entries of individual financial statements and the impact of each error on net profit are required. Including:

① debtor's handling of debt restructuring (paying off debts with multiple assets)

② equity method (investing in non-monetary assets)

③ salary payable to employees (profit sharing plan)

④ transfer of financial assets (secured creditor's rights)

⑤ fixed assets are accounted for according to estimation (actual cost does not affect accrued depreciation, and the depreciation amount is calculated in March after completion settlement). The expenses directly related to the issuance are offset against the capital reserve, and the goodwill is calculated)

⑦ Transactional financial assets (handling of commission)

2. Inventory+fixed assets+intangible assets+consolidated report

① Calculation of unit cost of purchased inventory

② Calculation of unit cost of converting products into finished products

③ Calculation of construction in progress in February (individual financial statements and consolidated statements are calculated separately); Offset of internal transactions of intangible assets and fixed assets; Calculation and offset entries of minority shareholders' rights and interests in counter-current transactions.

④ The project under construction is completed in September 2121, and the calculation of the cost in individual report and consolidated report

⑤ After the equipment is completed, the calculation of the depreciation amount in individual report and consolidated report in 2121

3. Consolidated report

Purchase a subsidiary, and the subsidiary also has a subsidiary, and the consolidated report will be handled

A will issue 51 million shares (RMB 11 per share).

the first question is, what should be done with the 1,111 goodwill of this C when A adds value to B, and then ask how the goodwill of A adds value to B is shared between B and C, and the amount to be shared, and then compile the merger offset entry at the end of the year

continuously update ~

CPA's post-test evaluation and exchange of answers. Welcome to join the group and communicate with friends ~