Fınancıal Statement Analysıs (ENG) — 2023-2024 Ara Çıkmış Sınav

1. Why is it not possible to make a horizontal analysis even though we have the Financial Statements of an Enterprise for 31.12.2022, 31.03.2023 and 30.06.2023? A) We should only have two financial statements B) The financial statements do not cover the same time periods C) Only the financial statements of large joint stock companies are analyzed n D) We must have at least five years of financial statements E) Enterprise financial statements cannot be analyzed

2. Which accounting principles are fundamental to the accrual basis? A) Accrual Basis and Cash Basis B) Time period and revenue recognition principle C) Consistency and sustainability principles D) Going concern and monetary unit principles E) Periodicity and matching principles

3. Assume that a company has the following information for marketing expenses. Year Marketing Ex. (TL) 2018 500,000 2019 530,000 2020 480,000 2021 560,000 2022 610,000 If 2018 is base year in a trend analysis what would be the trend percentage for Marketing Expense in 2021? A) 12 B) 88 C) 100 D) 112 E) 130

4. The ratio analysis shows the relationship between two financial statement items. However, in order to be useful, it must have same specific characteristic Which of the following states that characteristics? A) Growth pattern B) Meaningful relationship between financial items C) Ability to measure leverage D) Ease to calculate E) Ability to measure profitability

5. Which of the following can be used for horizontal analysis? A) Operating and Activity Ratios B) Vertical analysis and Common size financial statement analysis C) Comparative financial statement analysis and Trend analysis D) Financial structure and Solvency ratios E) Ratio analysis