Question 1
In the Belgian Minimum Chart of Accounts (MAR / Minimumindeling van het algemeen rekeningstelsel), which classes normally record charges and income of the period?
Correct Answer:
Class 6 charges and class 7 income
Question 2
A Belgian BV buys goods on credit for EUR 10,000 exclusive of 21% VAT. Which double-entry is correct in the purchaser's books (VAT fully deductible)?
Correct Answer:
Debit purchases EUR 10,000, debit recoverable VAT EUR 2,100; credit trade payables EUR 12,100
Question 3
Under Belgian GAAP, inventories are generally measured at:
Correct Answer:
The lower of cost and realisable value (marktwaarde / realisatiewaarde)
Question 4
Opening inventory is 100 units at EUR 10. A purchase of 200 units at EUR 13 is made, then 180 units are sold. Using the weighted-average cost method, what is cost of goods sold?
Correct Answer:
EUR 2,160
Question 5
A machine costs EUR 80,000, residual value EUR 8,000, useful life 8 years, straight-line with no mid-year convention. Annual depreciation is:
Correct Answer:
EUR 9,000
Question 1
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Prepare with the ITAA Bekwaamheidsexamen Accountant Practice Questions - ITAA Certified Accountant Proficiency Exam (Bekwaamheidsexamen Gecertificeerd Accountant) Exam practice quiz. This question bank includes 100 questions covering belgian, company, year, income, and gaap. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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ITAA Bekwaamheidsexamen Accountant Practice Questions - ITAA Certified Accountant Proficiency Exam (Bekwaamheidsexamen Gecertificeerd Accountant) Exam

This practice set contains 100 questions from the matching question bank and focuses on belgian, company, year, income, and gaap. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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