会计英语基础指导Word格式文档下载.docx
《会计英语基础指导Word格式文档下载.docx》由会员分享,可在线阅读,更多相关《会计英语基础指导Word格式文档下载.docx(14页珍藏版)》请在冰豆网上搜索。
B.Preferredstock
C.Retainedearnings
D.Alloftheabove
(5).Declarationandissuanceofadividendinstock(C)
A.Increasesthecurrentratio
B.Decreasetheamountofworkingcapital
C.Decreasetotalstockholder’sequity
D.Hasnoeffectontotalassets,liabilities,orstockholder’sequity
(6).AcompanydeclaredacashdividendonitscommonstockonDec15,2004,payableonJan15,2005.Howwouldthisdividendaffectshareholder’sequityonthefollowingdates?
(B)
Dec152004Jan152005
A.DecreaseDecrease
B.NoeffectNoeffect
C.NoeffectIncrease
D.DecreaseNoeffect
(7).Revenueinclude(D)
A.Theamountearnedfromprovidinggoodstocustomers.
B.Theamountreceivedfromborrowing.
C.Theamountearnedfromprovidingservicestocustomers.
D.BothAandC.
(8).Anexampleofacashflowfromanoperatingactivityis(D)
A.Thereceiptofcashfromissuingstock
B.Thereceiptofcashfromissuingbonds
C.Thepaymentofcashfordividends
D.Thereceiptofcashfromcustomersonaccount
9.Thebasicpurposeofofferingcustomerscashdiscountssuchas2/10,n/30isto()
A.Increasesales.
B.Reducenetsales.
C.Speedupthecollectionofaccountsreceivable.
D.Focusmanagement’sattentionuponcustomersthatfailtotakeadvantageofallavailablecashdiscounts.
10.Apotentialfutureliabilityarisingfromaneventthathasalreadyhappened,usuallyiscalled(B)
A.anaccruedliability.
B.acontingentliability.
C.adeferredliability.
D.anestimatedliability.
12.WhatisthenormalbalanceoftheAccountsReceivable,OfficeSupplies,andRentExpenseaccounts?
(A)
A.Debit
B.Credit
C.DebitorCredit
D.NoneoftheAbove
13.WhichPrincipleortheassumptionholdsthatthebusinesswillcontinueinoperation?
((C)
A.ObjectivityPrinciple
B.AccountingEntityConcept
C.Going-ConcernAssumption
D.AccountingPeriodAssumption
15.OnMarch1,WrightCompanypurchasednewequipmentfor$50,000.Wrightpaidcashfortheequipment.Othercostsassociatedwiththeequipmentwere:
transportationcosts,$1,000;
salestaxpaid$3,000;
andinstallationcost,$2,500.Thecostrecordedfortheequipmentwas(A)
A.$56,500.B.$54,000.C.$51,000.D.$50,000.
16.Declarationandissuanceofadividendinstock()
17.Abusiness'
sassetsare(B)
A.equaltoliabilitiesminusstockholders'
equity.
B.theeconomicresourcesofthebusiness.
C.Reportedatcurrentcost.
D.Reportedontheincomestatement.
18.Attheendoftheaccountingperiod,accountsreceivablehasabalanceof$100,000andallowanceforreceivableshasabalanceof$7,000.Thenetaccountsreceivablevalueis(B)
A.$7,000
B.$93,000
C.$100,000
D.$107,000
20.Thebasicstructureofanaccountincludes(D)
A.AtitleB.Aleftside C.ArightsideD.Alloftheabove
21.Ifmerchandiseinventoryisbeingvaluedatcostandthepricelevelissteadilyrising,themethodofcostingthatwillyieldthehighernetincomeis(B)
A.LIFO
B.FIFO
C.Average
D.Periodic
22.Whichofthefollowingcostsshouldnotbeincludedintheinventoryvaluationofamanufacturingbusiness?
A.Depreciationontheplantandmachinery.
B.Salaryofsalesman
C.Factorysupervisor’ssalary
D.Electricityforfactory
23.Ifacompanyhasliabilitiesof$32000andowner’sequityof$51000,theassetsofthecompanyare(C)
A.$39000 B.$61000 C.$83000 D.$22000
24.At30April2005,Garethhasareceivablebalanceof$50,000andanallowanceforreceivableof$800.Followingareviewofreceivable,Garethwishestowriteoffanirrecoverabledebtof$1,000andadjusthisallowanceto5%ofReceivables.Whatwillbetheadjustedbalanceoftheallowanceforreceivables?
A.$1,650
B.$2,450
C.$2,500
D.$3,450
25.Anexampleofacashflowfromafinancingactivityis(C)
A.Thereceiptofcashfromcustomersonaccount
B.Thereceiptofcashfromthesaleofequipment
C.Thepaymentofcashfordividends
D.Thepaymentofcashtoacquiremarketablesecurities
26.Anexampleofacashflowfromanoperatingactivityis()
27.Assumingthatnetpurchasescost$250,000duringtheyearandthattheendingstockwas$4,000,Thevalueofbeginningstockis$30,000,howmuchwascostofgoodssold?
(D)
A.$280,000
B.$246,000
C.$254,000
D.$276,000
30.Themajorexpenseofamerchandisingbusinessis(A)
A.Costofgoodssold
B.Rent
C.Depreciation
D.Interest
31.Whichofthefollowingstatementsistrue?
A.Grossprofit-Costofgoodssold=Netsales
B.Netsales+Grossprofit=Costofgoodssold
C.Grossprofit=Netsales-Costofgoodssold
D.Netsales+Costofgoodssold=Grossprofit
38.Theassetsshouldberecordedatacquisitioncostinordertomeetthe
requirementofB
A.Objectivity
B.Historicalcost
C.Going-concernAssumption
D.Timeliness
39.AnaccruedexpensecanbestbedescribedasanamountD
A.Paidandcurrentlymatchedwithrevenue
B.Paidandnitcurrentlymatchedwithrevenue
C.Notpaidandnotcurrentlymatchedwithrevenue
D.Notpaidandcurrentlymatchedwithrevenue
42.Postingistheprocessoftransferringinformationfromthe D
A.Journaltothetrialbalance
B.Ledgertothetrialbalance
C.Ledgertothefinancialstatements
D.Journaltotheledger
43.Acompany'
strialbalancefailedtoagree,thetotalsbeing:
Debit$815,602Credit$808,420
Whichoneofthefollowingerrorscouldfullyaccountforthedifference?
A
A.Theomissionfromthetrialbalanceofthebalanceontheinsuranceexpenseaccount$7,182debit
B.Discountallowed$3,591debitedinerrortothediscountreceivedaccount
C.Noentriesmadeintherecordsforcashsalestotalling$7,182
D.Thereturnsoutwardstotalof$3,591wasincludedinthetrialbalanceasadebitbalance
44.Ifacompanyhascurrentliabilitiesof$32000,owner’sequityof$51000,andtheassetshasatotalamountof$103000,andwhat`sthebalanceofnon-currentliabilityofthecompany
A.$39000 B.$61000 C.$83000 D.$20000
45.Whichofthefollowingaccountsisanassetaccount?
A
A.PrepaidrentB.Advertising Expense
C.UnearnedRevenueD.Withdrawals
46.AnadjustingentrycouldcontainallofthefollowingexceptA
A.convertassettoliability
B.convertassettoexpense
C.accrualuncollectedexpense
D.convertliabilitytorevenue
47.Whichofthefollowingaccountsisaliabilitiesaccount?
A.Prepaidinsurance
B.Gasoline Expense
C.UnearnedRevenue
D.Dividends
48.What`sthetypeofDepreciation(B)
A.liabilityaccount
B.assetaccount
C.equityaccount
D.costaccount
判断题
1.Accountingisanotherwordforbookkeeping.(F)
2.Internallygeneratedgoodwillcanbeviewedasintangibleassets.
(F)
3.Totalassetsare$70,000,totalliabilities,$40,000andcontributedcapitalis$20,000;
therefore,retainedearningsare$15,000.(F)
4.
Theledger(T-accounts)containsinformationwhichhasbeenpostedfromthejournal.
.(T)
5.Adecisionmakerwhowantstounderstandacompany'
sfinancialstatementsmustcarefullyreadthenotestothefinancialstatementsbecausethenotesprovideusefulsupplementalinformation.(T)
6.Legalandcontractualprovisionscandeterminetheusefullifeofanintangibleasset.
(T)
7.
Creditterms"
2/10,n/30"
meanthatifpaymentismadeintwodays,a10%discountwillbegiven;
ifnotpaidwithintwodays,thefullinvoicepricewillbedueinthirtydays.
(F)
8.
Patentsandtrademarksareexamplesoftangibleassets.
(F)
9.
Theappropriationofretainedearningsistoestablishacashfundforaspecificpurpose.(F)
10.
Buildingandequipmentarerecordedattheircostatacquisitionandaresubsequentlyreportedatcostplusaccumulateddepreciation.F
11.Accountsreceivableisareceivablecreatedbysellingmerchandisesorprovidingserviceoncredit.(T)
12.Equipmentsuchasmachinery,furnitureandtoolsshouldbeamortized.(F)
13.Oncetheexpectedusefullifeandestimatednetresidualvaluearedetermined,theyshallnotbechangedunderanycircumstances.(F)
14.Appropriationofretainedearningshasnoeffectontotalshareholder’sequity.(F)
15.Iftheboardofdirectorsannouncesstockdividendsdistribution,thetotalstockholder’sequitywilldecrease.(F)
16.Dividendsareanexpenseofacorporationandshouldbechargedtotheperiodicincome.(F