Answer Wrong Wrong Wrong

3 Which one of these All Star La Llorona Hawaiian Roller Le Festin

songs were not Coaster Ride
featured in a Disney
movie?

4 The words Debit and False True

Credit came from the
Latin words Debitas
and Creditas

5 Which one of these Still The One Truly, Madly, Irresistible Magic
songs were not Deeply
recently uploaded on
Spotify for One
Direction’s 10th
Anniversary?

6 Accountants are False True

those that control the
ballots for the Golden
Globe Awards

7 What is the most Shape of You by Rockstar by One Dance by Boy With Luv
streamed track on Ed Sheeran Post Malone Drake by BTS
Spotify?

8 The only method to False True

realize gain or loss
on sale of PPE is
through amortization

10 The Investment in False True

Subsidiary account is
measured at the FV
of the consideration
transferred in the
Consolidated
Financial Statements

11 Which of these are Pikachu. Squirtle Bulbasaur Charmander

not part of the first
three starter
 pokemons?

12 Which of the The payment of Payment of Sale of NCA Sale of

following would not a management management from the inventory by the
have implications for fee by the fee by the subsidiary to parent to the
subsidiary to the the parent subsidiary.
the calculation of subsidiary to
parent
non-controlling the parent and
interest? the sale of
inventory by the
parent to the
subsidiary.

13

14 The consolidation Debit to Debit to Debit Retained Debit to

entry to realize a loss Depreciation Accumulated Earnings Unrealized
from an Expense Depreciation Loss
intercompany sale of
a building would
include?

15

16 Intercompany gains Until the land is In perpetuity. Over the period Until the
on the sale of land sold. that the land consolidated
are deferred: produces entity is sold.
revenue
(through
amortization).