Which of the following is an example of following the principle of faithful representation?
A: Showing finance lease payments as a rent expense
B: Being prudent by recording the entire amount of a convertible loan as a liability
C: Recording the future payments under an operating lease as a long-term liability
D: Recording a sale and repurchase transaction with a bank as a loan rather than a sale
A: Showing finance lease payments as a rent expense
B: Being prudent by recording the entire amount of a convertible loan as a liability
C: Recording the future payments under an operating lease as a long-term liability
D: Recording a sale and repurchase transaction with a bank as a loan rather than a sale
举一反三
- Which of the following financial intermediaries is not a depository institution?? ;A savings and loan association|;A commercial bank|A finance company|A savings bank
- Which of the following is an example of an intermediate-term debt? () A: a fifteen-year mortgage B: a sixty-month car loan C: a six-month loan from a finance company D: a thirty-year E: Treasury bond
- For example, the purchase of advertising services on account, the recording of the expense will be accompanied by an increase in .
- Which is right about the Holographic principle? A: Diffraction recording, diffraction recurrence B: Interference recording, diffraction recurrence C: Interference record, interference recurrence D: Diffraction recording, interference recurrence
- Phrase and accounting term translation from Chinese into English，Which of the following statements is true?"短期借款" A: Short-term investment B: Short-term loan C: Long-term loan D: Intangible assets