Free AICPA CPA-Financial Exam Questions

What information should a public company present about revenues from its reporting segments? 

In financial reporting of segment data, which of the following must be considered in determining if an industry segment is a reportable segment?

While preparing its 1991 financial statements, Dek Corp. discovered computational errors in its 1990 and 1989 depreciation expense. These errors resulted in overstatement of each year's income by $25,000, net of income taxes. The following amounts were reported in the previously issued financial statements:Dek's 1991 net income is correctly reported at $180,000. Which of the following amounts should be reported as prior period adjustments and net income in Dek's 1991 and 1990 comparative financial statements?

Which of the following is not a valuation technique that can be used to measure the fair value of an asset or liability?

In which of the following situations should a company report a prior-period adjustment?