【每日一练】CFA 一级（2015年）

Question：

A company is selling a long-lived asset with a carrying amount of $70,000 for $80,000. The original cost of this asset was $120,000. In the year of sale, this event is most likely to be reported on the income statement as: 
A. revenues of $80,000. 
B. a gain of $10,000. 
C. a loss of $40,000. 

Answer = B 
When a long lived asset is sold only the net gain or loss is reported on the income statement. The gain or loss on a sale = sales proceeds – carrying amount = $80,000 – $70,000 = $10,000 gain. 

CFA Level I 
"Long-lived Assets," Elaine Henry and Elizabeth A. Gordon 
Section 6.1 
 

更多精彩：

CFA一级企业理财的学习策略

95后，结婚，生孩子，考CFA，这就是我的经历