PART 01 Financial Accounting

Chapter 01 Fundamentals of Accounting

Section 1 Accounting Environment and Accounting Principles

Section 2 Conceptual Framework
1 What is a conceptual framework?
2. Qualitative Characteristics of Useful Financial Information
3 Financial Statements and Reporting Companies
4 Financial Statement Elements
5 Recognition and Removal
6 Measurements
7 Fair value
8. Capital and Capital Maintenance Concepts
Conceptual system true or false questions
Conceptual System OX Explanation
Conceptual framework multiple choice questions

Section 3 Presentation of Financial Statements
1. Full financial statements
2 General
3. Financial Statements
4. Statement of Comprehensive Income
5. Classification of expenses related to profit and loss
6 Other financial statements
Financial statement presentation true or false questions
Financial Statement Presentation OX Explanation
Financial Statement Presentation Multiple Choice Questions

Chapter 02 Financial Statements

Section 4 Time Value of Money
1 Time value of money
2 Basic concepts of the time value of money
3 Types of Time Value of Money Calculation
4. Time Value of Money Calculation Case

Section 5 Inventory Assets
1 What is inventory asset?
2 Ending inventory amount
3. Method for determining the unit cost of inventory assets (assumption of cost flow)
4. Timing of recognition of inventory assets
5. Loss of appreciation and valuation loss
6 Low Cost Method (LCM)
7 Cost of sales reflecting inventory impairment losses and valuation losses
8 Estimation of inventory assets
9 Other accounting treatments
10 Activity Ratio
Inventory Asset Multiple Choice Questions

Section 6 Tangible Assets
1 What are tangible assets?
2 Initial measurement of tangible assets
3 Cost by type of asset classification
4 Cost of acquisition of tangible assets by type
5. Post-acquisition expenditures for tangible assets

Section 6-1 Subsequent Measurement of Tangible Assets
1 Depreciation
2. Removal of tangible assets
3 Reevaluation Model
4 Impairment of tangible assets

Section 7 Capitalization of Borrowing Costs
1 Recognition of borrowing costs
2 Capitalization of borrowing costs
Section 6, Section 6-1, Section 7 Multiple Choice Questions

Section 8 Intangible Assets
1. Requirements for being defined as an intangible asset
2 Recognition and Initial Measurement of Intangible Assets
3. Subsequent Measurement of Intangible Assets
Intangible asset true or false question
Intangible Assets OX Explanation
Intangible Asset Multiple Choice Questions

Section 9 Investment Real Estate
1. The significance of investment real estate
2 Recognition and Measurement of Investment Property
3. Follow-up Measurement of Investment Property
4. Investment Property Account Transfer
Investment Real Estate Multiple Choice Questions

Section 10 Financial Assets
1 Cash and cash equivalents
2. Classification of financial assets
3 Investment Equity Products
4 Investment Debt Products
5 damage
6 Reclassification of Financial Assets
7. Removal of financial assets
8 Loans and Receivables
Financial Asset Multiple Choice Questions

Section 11 Financial Liabilities
1. Distinction between financial liabilities and equity instruments
2. Classification of financial liabilities
3. Subsequent measurement of financial liabilities
4. Maturity and early repayment of private bonds
5. Issuance of various private bonds
6. Redeemable preferred stock classified as financial debt
7 Financial liabilities subject to separate follow-up measurement criteria
Financial Debt Multiple Choice Questions

Section 12 Provisions, Contingent Liabilities, and Contingent Assets
1. Classification of Debt
2 Current Liabilities
3. Accrued and contingent liabilities
4 Case-by-case recognition
Debt True or False Problem
Debt OX Explanation
Debt multiple choice questions

Section 13 Capital
1. Classification of capital
2 Disposal of retained earnings
3 Distribution of dividends
Capital multiple choice questions

Section 14 Compound Financial Products
1 Overview of Compound Financial Products
2 convertible bonds
3 convertible bonds
Multiple choice questions on complex financial products

Chapter 03 Statement of Comprehensive Income and Cash Flows

Section 15 Revenue from contracts with customers
1. Five Steps to Revenue Recognition
2 Revenue recognition by transaction type
3 licenses
4 Additional Considerations for Revenue Recognition
5 Customer Loyalty System
Multiple choice question on revenue arising from contracts with customers

Section 16 Construction Contract
1. Basis of Construction Contracts
2 Recognition of contract revenue and expenses for construction contracts
3. Construction work expected to incur losses
Construction contract multiple choice questions

Section 17 Employee Salaries
1 Employee Salary
2 Short-term employee pay
3 Other long-term employee benefits
4. Severance pay
5. Retirement benefits
Employee Compensation Multiple Choice Questions

Section 18 Stock-based compensation
1 Types of stock-based compensation
2 Full conditions
3. Stock-settled stock-based compensation
4. Mid-term liquidation
5 Condition Change
6. If the fair value of the granted equity instrument cannot be reliably estimated
7 Cash payment type
Stock-based compensation multiple-choice questions

Section 19 Corporate Tax
1. The significance of corporate tax accounting
2 Corporate Tax Accounting
3. Corporate tax effects on capital gains
4 Financial Statement Presentation
Corporate tax multiple choice questions

Section 20 Earnings per share
Earnings Per Share (EPS)
2 Basic earnings per share
3 Diluted earnings per share
Earnings per share multiple choice questions

Section 21 Lease
1. The concept of lease
2 Classification of leases
3 Accounting treatment of lessees
4 Accounting treatment of lessors
Lease multiple choice questions

Section 22 Accounting Policies, Changes in Accounting Estimates, and Errors
1 Accounting Change
2 errors
3 Other Considerations
Multiple-choice questions on accounting changes and error corrections

Section 23 Cash Flow Statement
1. Significance of the Cash Flow Statement
2. Composition of the cash flow statement
3. Format of the Cash Flow Statement
4 Cash Flows from Investing and Financing Activities
Cash Flow Statement Multiple Choice Questions

Chapter 04 Other Topics

Section 24 Financial Statement Analysis
1. Purpose of Financial Statement Analysis
2 Safety ratio
3 Profitability ratio
4 Activity ratio
5 Other financial ratios
Financial Statement Analysis Multiple Choice Questions

Section 25 Events after the reporting period
1. Events after the reporting period
Multiple choice questions on events after the reporting period

Section 26 Effect of exchange rate fluctuations
1 Functional currency
2 Monetary and non-monetary items
3 Reporting of foreign currency transactions using the functional currency
Multiple choice questions on the effects of exchange rate fluctuations

Section 27 Non-current assets held for sale and discontinued operations
1. Classification for sale
2 Non-current assets to be disposed of
3 Measurement of non-current assets
4. Indication of discontinued business
Multiple-choice questions on non-current assets held for sale and discontinued operations

Section 28 Investment in Affiliated Companies
1 Investment in related companies
2 Equity method accounting
3 Joint Agreement
4 Non-controlling interest
Multiple choice questions on investment in related company stocks

Section 29 Disclosure of Special Related Persons
Special Related Party Disclosure Multiple Choice Questions

PART 02 Cost Management Accounting

Chapter 01 Cost Accounting

Section 1: Basics of Cost Accounting
1. The significance of cost accounting
2. Concept and Classification of Cost
3 Classification of manufacturing costs
Basic Cost Accounting Multiple Choice Questions

Section 2 Individual Cost Calculation
1. Significance of individual cost calculation
2. Normal individual cost calculation
3 Adjustment of distribution difference
Individual cost calculation multiple choice questions

Section 3 Allocation of auxiliary department costs
1 Cost Allocation and Cost Distribution
2 Cost allocation of auxiliary departments
3. Distribution method for auxiliary departments
Multiple choice question on allocation of auxiliary department costs

Section 4 Activity-Based Costing
1. Significance of activity-based costing
2. Activity-based cost calculation procedure
3 Advantages and Disadvantages of Activity-Based Costing
4 Companies that benefit greatly from activity-based costing
Activity-based costing multiple-choice questions

Section 5 Comprehensive Cost Calculation
1. Significance of Comprehensive Cost Accounting
2. Finished product conversion amount
3. The order of comprehensive cost calculation
4. Average method and FIFO method
5 Cost flow of continuous manufacturing processes
6. Politeness
Comprehensive cost accounting multiple choice questions

Section 6 Combined Cost Calculation
1. Significance of combined cost calculation
2. Method of allocating combined costs
3 Other methods of calculating combined cost
4 Accounting for By-Products
Combined Costing Multiple Choice Questions

Section 7 Estimation of Cost
1 Cost behavior
2 Estimation of cost function
3 Learning Effects and Learning Curve
Multiple choice question on cost estimation

Section 8: Full Costing and Variable Costing
1 Cost calculation method according to product cost components
2 Variable costing
3. Variable costing
4. Operating profit difference
Multiple-choice questions on full costing and variable costing

Section 9 Cost-Volume-Profit Analysis (CVP Analysis)
1 Basic assumptions of CVP analysis
2 Basic Concepts of CVP Analysis
3 CVP Analysis under Basic Assumptions
4. CVP Analysis of Multiple Products
5. Extension of CVP Analysis
Cost-to-Profit Analysis (CVP Analysis) Multiple Choice Questions

Chapter 02 Management Accounting

Section 10 Standard Cost Calculation
1. Introduction of standard costing
2. Setting standard costs
3 Cost difference analysis
4. Distribution of cost differences
5 Standard Comprehensive Cost Calculation
Standard cost calculation multiple choice questions

Section 11 Related Costs and Decision-Making
1. Significance of decision-making
2 Approaches to Decision Making
3 Types of Short-Term Decisions
4. Analysis of related costs when constraints exist
Multiple choice questions on related costs and decision making

Section 12 Capital Budget
1 Capital Budget
2 Estimation of cash flows
3 Capital Budgeting Model
Capital Budgeting Multiple Choice Questions

Section 13 Decision-making under uncertainty
1 Basic Concepts
2 Expected value of perfect information
3 Expected value of incomplete information
4 Cost of forecast error (=opportunity loss, conditional loss)
Multiple Choice Questions on Decision Making Under Uncertainty

Section 14 Comprehensive Budget
1. The significance of the budget
2 Types of Budgets
3. Preparation of the Comprehensive Budget
Comprehensive budget multiple choice questions

Section 15: Responsibility Accounting and Investment Center Performance Evaluation
1 Decentralization and Accountability Accounting
2. Performance Evaluation of Investment Centers
Multiple-choice questions on responsibility accounting and investment-focused performance evaluation

Section 16 Determination of Alternative Price
1. Significance and determination of replacement price
2 Impact on overall company profits
Alternative pricing multiple choice questions

Section 17 Strategic Performance Evaluation
1. Problems with traditional performance evaluation
2 Balanced Scorecard (BSC)

Section 18: Modern Management Accounting Techniques
1. Pricing and Target Cost
2 Kaizen cost
3. Value Chain and Life Cycle Costing
4 Quality Cost Management
5 Activity Standard Management
6 Just-in-Time (JIT) Production System
7 Theory of Constraints
Multiple-choice questions on the latest management accounting techniques

Definition of Appendix Terms

1 Conceptual Framework
2 Fair value
3 Financial Statement Presentation
4 Financial Products
5. Revenue from contracts with customers
6 Employee Salaries
7. Reporting on accounting treatment under the retirement benefit system
8. Stock-based compensation
9 Corporate tax
10 leases
11 Accounting Policies, Changes in Accounting Estimates, and Errors

The revised edition of the textbook '2026 Fundamentals of Accounting for Real Estate Appraisers (8th Edition)' has been published by Parkmungak Publishing Co., Ltd.

This book can be used for a variety of accounting exams, but it is specifically designed for students preparing for the real estate appraiser, customs broker, and civil service exams.

Each unit includes multiple choice questions.
The multiple-choice questions are taken from exams with a high probability of appearing in previous exams, such as the CPA and CPA exams, so that you can cover a variety of questions.

To ensure a thorough understanding of the basic concepts, examples are provided throughout each chapter, and diagrams are provided to help organize the content.

In the case of theoretical questions, since detailed parts are covered, no separate emphasis was given.
The highlighted parts in the text are those that were tested multiple times on the exam, so you can see which contents are important to consider on the exam.

I wish all test takers success in their exams.