Scribd
Upload
111 views5 pages

EXERCISE CHAPTER 1 - Student

The document discusses accounting policies and procedures for different types of entities according to Vietnamese law and regulations. It covers topics like which entities apply accounting policies, elements of an accounting voucher, compulsory and non-compulsory vouchers, accounting of on and off-balance sheet accounts, types of financial statements prepared by different entities, and accounting book closing procedures.

Uploaded by

Hằng Lê
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
111 views5 pages

EXERCISE CHAPTER 1 - Student

The document discusses accounting policies and procedures for different types of entities according to Vietnamese law and regulations. It covers topics like which entities apply accounting policies, elements of an accounting voucher, compulsory and non-compulsory vouchers, accounting of on and off-balance sheet accounts, types of financial statements prepared by different entities, and accounting book closing procedures.

Uploaded by

Hằng Lê
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 5

EXERCISE CHAPTER 1

1. Which entities apply/do not apply accounting policy according to Circular


107/2017/TT-BTC?
Number Entities Apply Do not
apply
1 Public non – profit entities self-finance both
recurrent and investment expenditures (Group 1)
2 Public non – profit entities self-finance recurrent
expenditures (Group 2)
3 Public non – profit entities self-finance part of
recurrent expenditures (Group 3)
4 Public non – profit entities with recurrent
expenditures guaranteed by the state budget
(Group 4)
5 State agencies
6 State–owned enterprises
7 The State Bank
8 The socio-political organizations
9 Commune People’s Committee
10 Private enterprises

2. According to Law on Accounting No 88/2015/QH:


- Annual accounting period is … months, from …. to….
- Quartely accounting period is … months, from …. to….
- Monthly accounting period is … months, from …. to….

3. According to Law on Accounting No 88/2015/QH, what elements at least


does an accounting voucher consist of?

1
4. According to Circular 107/2017/TT-BTC, which followings are
compulsory/ not compulsory vouchers?

Number Voucher Compulsory Not compulsory


1 Cash Receipt Invoice
2 Inventory received note/ Goods
receiving voucher
3 Cash payment invoice
4 Salary/payroll sheet
5 Fixed asset depreciation worksheet
6 Requisition for Advance payment/
Advance clearing
7 Goods delivery note/ Inventory delivery
voucher
8 Budget withdrawal voucher
9 Cash receipt voucher
10 Payment Order
11 Debit note
12 Credit note

5. According to Circular 107/2017/TT-BTC:


a. Off-balance sheet accounts are accounted for
A.Single entry B.Double journal entry
b.On-balance sheet accounts are accounted for
A.Single entry B.Double journal entry

6. According to Circular 107/2017/TT-BTC, which off-balance-sheet accounts


are related/not related to the state budget?

2
Number Account Related to the Not related to the
state budget state budget
1 001
2 002
3 004
4 007
5 008
6 009
7 012
8 013
9 014
10 018

7. According to Circular 107/2017/TT-BTC, the following accounts are


opened in detail by year (previous year, current year). True/False?
Number Account True False
1 Type 1
2 Type 2
3 Type 3
4 Type 4
5 Type 5
6 Type 6
7 Type 7
8 Type 8
9 Type 9
10 Type 0

8. According to Circular 107/2017/TT-BTC, the following accounts have


balances at the end of the accounting year. True/False?

3
Number Account True False
1 Type 1
2 Type 2
3 Type 3
4 Type 4
5 Type 5
6 Type 6
7 Type 7
8 Type 8
9 Type 9
10 Type 0

9. According to Circular 107/2017/TT-BTC, how many financial accounting


books systems are opened in an annual accounting period?

10. According to Circular 107/2017/TT-BTC, when the following accounting


books be closed?
Number Accounting books At the At the At the At the
end of end of end of end of
each day each each each
month quarter year
1 Cash book
2 Bank and treasury deposit
book
3 Journal – Ledger
4 Journal
5 Ledger

4
11. According to Law on Accounting No 88/2015/QH, what methods of
correcting an accounting book?

12. According to Circular 107/2017/TT-BTC, which statements of the


following entities are prepared?
Number Entity Financial Budgetary
statements statements
1 Public non – profit entities self-
finance both recurrent and
investment expenditures
(Group 1) and no source to
settle with the state budget
2 Public non – profit entities self-
finance recurrent expenditures
(Group 2)
3 Public non – profit entities self-
finance part of recurrent
expenditures (Group 3)
4 Public non – profit entities with
recurrent expenditures
guaranteed by the state budget
(Group 4)
5 State Agencies

You might also like