最新奥鹏南开20春学期《会计专业英语》在线作业第1次参考答案Word文件下载.docx

最新奥鹏南开20春学期《会计专业英语》在线作业第1次参考答案Word文件下载.docx

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Aareillegalinsomecompany

Bwillbeconvertedtocashwithintwoyears

Cwillbeconvertedtocashwithin90days

Dwillbeconvertedtocashwithin120days

C

3.Whichstatementbelowisnotareasonforacorporationtobuybackitsownstock（）

Aresaletoemployees

Bbonustoemployees

Cforsupportingthemarketpriceofthestock

Dtoincreasethesharesoutstanding

D

4.Whichstatementbelowisnotareasonforacorporationtobuybackitsownstock.

5.Usingaperpetualinventorysystem,theentrytorecordthereturnfromacustomerofmerchandisesoldonaccountincludesa

AcredittoSalesReturnsandAllowances

BdebittoMerchandiseInventory

CcredittoMerchandiseInventory

DdebittoCostofMerchandiseSold

6.Themostwidelyuseddepreciationmethodis

Astraight-line

Bsum-of-the-years-digits

Cdeclining-balance

Dunits-of-production

A

7.Thecostmethodofaccountingforstock（）

Arecognizesdividendsasincome

Bisonlyappropriateaspartofaconsolidation

Crequirestheinvestmentbeincreasedbythereportednetincomeoftheinvestee

Drequirestheinvestmentbedecreasedbythereportednetincomeoftheinvestee

8.Theterm"

inventory"

indicates（）

Amerchandiseheldforsaleinthenormalcourseofbusiness

Bmaterialsintheprocessofproductionorheldforproduction

Csupplies

DbothAandB

9.Theaccountingequationmaybeexpressedas（）

AAssets=Equities-Liabilities

BAssets+Liabilities=Owner'

sEquity

CAssets=RevenueslessLiabilities

DAssets-Liabilities=Owner'

10.Onthebalancesheet,theamountshownfortheAllowanceforDoubtfulAccountsisequaltothe（）

AUncollectibleaccountsexpensefortheyear

Btotaloftheaccountsreceivableswritten-offduringtheyear

Ctotalestimateduncollectibleaccountsasoftheendoftheyear

Dsumofallaccountsthatarepastdue.

11.Merchandiseinventoryattheendoftheyearwasunderstated.Whichofthefollowingstatementscorrectlystatestheeffectoftheerror?

Anetincomeisunderstated

Bnetincomeisoverstated

Ccostofmerchandisesoldisunderstated

Dmerchandiseinventoryreportedonthebalancesheetisoverstated

12.Whichofthefollowinggroupsareconsideredtobeinternalusersofaccountinginformation?

AEmployeesandcustomers

BCustomersandvendors

CEmployeesandmanagers

DGovernmentandbanks

13.Cashequivalents（）

14.Thepercentageanalysisofincreasesanddecreasesinindividualitemsincomparativefinancialstatementsiscalled（）

Averticalanalysis

Bsolvencyanalysis

Cprofitabilityanalysis

Dhorizontalanalysis

15.Ifthemakerofapromissorynotefailstopaythenoteontheduedate,thenoteissaidtobe（）

Adisplaced

Bdisallowed

Cdishonored

Ddishonored

16.Themethodofaccountingforinvestmentsinequitysecuritiesinwhichtheinvestorrecordsitsshareofperiodicnetincomeoftheinvesteeisthe（）

Acostmethod

Bmarketmethod

Cincomemethod

Dequitymethod

17.Abankreconciliationshouldbepreparedperiodicallybecause（）

Athedepositor'

srecordsandthebank'

srecordsareinagreement

Bthebankhasnotrecordedallofitstransactions

Canydifferencesbetweenthedepositor'

srecordsshouldbedetermined,andanyerrorsmadebyeitherpartyshouldbediscoveredandcorrected

Dthebankmustmakesurethatitsrecordsarecorrect

18.Whichofthefollowingentriesrecordstheacquisitionofofficesuppliesonaccount?

AOfficeSupplies,debit;

Cash,credit

BCash,debit;

OfficeSupplies,credit

COfficeSupplies,debit;

AccountsPayable,credit

DAccountsReceivable,debit;

19.Theabilityofabusinesstopayitsdebtsastheycomedueandtoearnareasonableamountofincomeisreferredtoas（）

Asolvencyandleverage

Bsolvencyandprofitability

Csolvencyandliquidity

Dsolvencyandequity

20.LowCompanyowns40%ofthevotingstockofHighCorporationandusestheequitymethodinrecordingthisinvestment.HighCorporationreporteda$10,000netloss.LowCorporation'

sentrywouldincludea（）

ADebittotheinvestmentaccountfor$10,000

BDebittotheinvestmentaccountfor$4,000

CCredittotheinvestmentaccountfor$4,000

DDebittoalossaccountfor$4,000

21.Available-for-salesecuritiesaresecuritiesthatmanagementexpectstosellinthefuture,butarenotactivelytradedforprofit.

T对

F错

22.Therelationshipofeachassetitemasapercentoftotalassetsisanexampleofverticalanalysis.

23.Merchandisethatisreturnedtothevendorisreferredtoasasalesallowance.

24.Purchasingsuppliesonaccountincreasesliabilitiesanddecreasesequity.

25.CapitalexpendituresarecoststhatarechargedtoStockholders'

Equityaccounts.

26.Ifendinginventoryfortheyearisoverstated,owner'

sequityreportedonthebalancesheetattheendoftheyearisunderstated.

27.Merchandisingbusinessessellproductsthattheypurchasefromotherbusinessestocustomers.

A错误

B正确

28.Evenwhenatrialbalanceisinbalance,theremaybeerrorsintheindividualaccounts.

29.Thedayonwhichtheboardofdirectorsofthecorporationdistributesadividendiscalledthedeclarationdate.

30.Revenueisearnedonlywhenmoneyisreceived.

31.Theeffectofasalesreturnandallowanceisareductioninsalesrevenueandadecreaseincashoraccountsreceivable.

32.Payinganaccountpayableincreasesliabilitiesanddecreasesassets

33.Thetwomainsourcesofstockholders'

equityareinvestmentscontributedbystockholdersandnetincomeretainedinthebusiness.

34.Whencommonstockisissuedinexchangeforland,thelandshouldberecordedintheaccountsattheparamountofthestockissued.

35.WhenusingtheFIFOinventorycostingmethod,themostrecentcostsareassignedtothecostofgoodssold.

36.TreasuryStockislistedinthestockholders'

equitysectiononthebalancesheet.

37.Themainreasonthatthebankstatementcashbalanceandthedepositor'

scashbalancedonotinitiallybalanceisduetotimingdifferences.

38.Foracurrentliabilitytoexist,thefollowingtwotestsmustbemet.Theliabilitymustbedueusuallywithinayearandmustbepaidoutofcurrentassets.

39.Ifthebondholderhastherighttoexchangeabondforsharesofcommonstock,thebondiscalledaconvertiblebond.

40.Recognitionistheprocessofincorporatinginthebalancesheetorincomestatementanitemthatmeetthedefinitionofanelementandsatisfiestherecognitioncriteria.

41.SalesDiscountsisarevenueaccountwithacreditbalance.

42.Theunitsofproductiondepreciationmethodmatchesexpensesagainstrevenuethebest.

43.Iftheproceedsfromthesaleofbondinvestmentsexceedsthecarryingamountofthebonds,againisrealized.

44.Thematchingconceptrequiresexpensesberecordedinthesameperiodthattherelatedrevenueisrecorded.

45.Alargeretainedearningsaccountmeansthatthereiscashavailabletopaydividends.

46.Iftheliabilitiesowedbyabusinesstotal$500,000,thentheassetsalsototal$500,000.

47.Theamortizationofapremiumonbondspayabledecreasesbondinterestexpense.

48.Accountingisaservicethatprovidesmanydifferentuserswithfinancialinformationtomakeeconomicdecisions.

49.Intangibleassetsdifferfromproperty,plantandequipmentassetsinthattheylackphysicalsubstance.

50.Thedeclarationandissuanceofastockdividenddoesnotaffectthetotalamountofacorporation'

sassets,liabilities,orstockholders'

equity.