国际会计第二章练习题

• 2. Which organizations of China are included in IOSCO? • A. The Securities Association of China (SAC) • B. China Securities Regulatory Commission • C. Shanghai Stock Exchange • D. Shenzhen Stock Exchange
• 3. International organization of securities commissions is often perceived as the “rich man’s club”. (Ｘ)
• 4. From a global level, the number of companies reporting under IFRS indicates that accounting harmonization is already very successful. (Ｘ)
• 2. Which supranational organizations are engaged in accounting harmonization? (ABCDE ) • A. IASC • B. IFAC • C. IOSCO • D. UN • E.OECD
• 5. Which of the following is typically included in an accounting conceptual framework? (ABCDE ) • A. A statement of aims or objectives of financial accounting. • B. Targeted users of financial statements • C. limitations of financial statements • D. Financial accounting statements that ought to be issued • E. Qualities and characteristics of good financial Accounting.
• 一、Single Choice • 1. Which of the following is not an argument against harmonization? (A ) • A. Major differences in accounting practices act as a barrier to capital flowing, harmonization will enhance comparability of financial statements, thus making them easier to use across countries. • B. Investors are rational enough to spend the necelyze investment opportunities and focus on real economic results; they can make investment decisions without the presence of international accounting standards. • C. Differences in the economic, political, legal, and cultural environment in countries as a justification for financial reporting differences. • D. Critics have portrayed harmonization as a form of accounting colonialism with the accounting standards of the developed countries becoming the “defacto” international standards of whether they are suitable for developing countries.
• 二、Multiple Choice • 1. Who are the pressures for accounting harmonization globally? ( ABCDE ) • A. Investors • B. Regulators • C. Developing countries • D. Multinational companies • E. The securities industry and stock exchanges
• 5. The major challenges facing accounting in the global arena includes ( ABCD ) • A. Global harmonization. • B. Financial reporting in emerging economies. • C. Social and environmental reporting. • D. Financial reporting in high technology era. • E.The average salary level of the accounting profession.
• 3. Which of the following harmonization scenarios was the most successful? (C ) • A. Bilateral or mutual agreements • B. World-class issuer (NYSE) • C. The IASC/IOSCO Initiative • D. The G4+1 Alternative
• 2. Which of the following supranational organizations does not engage in accounting harmonization? ( C) • A. International Accounting Standards Board (IASB) • B. International Federation of Accountants (IFAC) • C. International Committee of the Red Cross (ICRC) • D. International Organization of Securities Commission (IOSCO)
• 10. Which international organization issued International Standards on Auditing ( B ) • A. International Accounting Standards Board • B. International Federation of Accountants • C. International Organization of Securities Commissions • D. International Organization of Accounting Standards Setter
• 1. The key developmental organization for international accounting standards is ( A ). • A. International Accounting Standards Board • B. International Federation of Accountants • C. International Organization of Securities Commissions • D. International Organization of Accounting Standards Setter
• 三、True or False • 1. Some countries may be very resistant to use the accounting rules of another country. (√ ) • 2. International Accounting Standards Board has powers of enforcement to harmonize accounting system in the world. (Ｘ)
(BCDE )
• 7. Which of the followings is the basic obstacle to accounting harmonization? ( C ) • A. The absence of strong professional accounting bodies • B. The accounting standards of developed countries dominating the development of accounting in developing countries • C. The economic consequences of accounting practices are vary by country and the extent they are considered in the standard-setting process • D.Divergence between the needs of large multinationals and smaller business entities in developing countries
• 5. International accounting diversity imposes cost on the resource allocation system worldwide. (√ )