南开20春学期160316091703《会计专业英语》在线作业.docx

1、南开20春学期160316091703会计专业英语在线作业(单选题)1: Which of the following should not be considered cash by an accountant?A: coinsB: bank checking accountsC: postage stampsD: Petty cash funds正确答案: C(单选题)2: The account Unrealized Gain (Loss) on Available-For-Sale Securities should be included in the( )A: Income sta

2、tement as Other Revenue (Expenses)B: Balance sheet as an adjustment to the asset accountC: Balance sheet as an adjustment to Stockholders EquityD: Statement of Retained Earnings正确答案: C(单选题)3: Which of the following below generally is the most useful in analyzing companies of different sizes?A: compa

3、rative statementsB: common-sized financial statementsC: price-level accountingD: audit report正确答案: B(单选题)4: The business entity concept means thatA: the owner is part of the business entityB: an entity is organized according to state or federal statutesC: an entity is organized according to the rule

4、s set by the FASBD: the entity is an individual economic unit for which data are recorded, analyzed, and reported正确答案: D(单选题)5: A business paid $7,000 to a creditor in payment of an amount owed. The effect of the transaction on the accounting equation was toA: increase one asset, decrease another as

5、setB: decrease an asset, decrease a liabilityC: increase an asset, increase a liabilityD: increase an asset, increase owners equity正确答案: B(单选题)6: Which of the items below is not a business organization form?( )A: entrepreneurshipB: proprietorshipC: partnershipD: corporation正确答案: A(单选题)7: The two mos

6、t common specialized fields of accounting in practice are( )A: forensic accounting and financial accountingB: managerial accounting and financial accountingC: managerial accounting and environmental accountingD: financial accounting and tax accounting systems正确答案: B(单选题)8: The ability of a business

7、to pay its debts as they come due and to earn a reasonable amount of income is referred to as （ ）A: solvency and leverageB: solvency and profitabilityC: solvency and liquidityD: solvency and equity正确答案: B(单选题)9: All of the following below are needed for the calculation of depreciation except（ ）A: co

8、stB: residual valueC: estimated lifeD: book value正确答案: D(单选题)10: One of the main disadvantages of the corporate form is the( )A: professional managementB: double taxation of dividendsC: charterD: corporation must issue stock正确答案: B(单选题)11: Revenues are reported whenA: a contract is signedB: a contra

9、ct is signedC: work is begun on the jobD: work is completed on the job正确答案: D(单选题)12: Deferred revenue is revenue that isA: earned and the cash has been receivedB: earned but the cash has not been receivedC: not earned and the cash has not been receivedD: not earned but the cash has been received正确答

10、案: D(单选题)13: The debt created by a business when it makes a purchase on account is referred to as anA: account payableB: account receivableC: assetD: expense payable正确答案: A(单选题)14: Austin, Inc. made a Prepaid Rent payment of $3,500 on January 1st. The companys monthly rent is $700. The amount of Pre

11、paid Rent that would appear on the January 31 balance sheet after adjustment is:A: $2,800B: $700C: $3,500D: $1,750正确答案: A(单选题)15: Characteristics of a corporation include （ ）A: shareholders who are mutual agentsB: direct management by the shareholders (owners)C: its inability to own propertyD: share

12、holders who have limited liability正确答案: D(单选题)16: If the allowance method of accounting for uncollectible receivables is used, what general ledger account is credited to write off a customers account as uncollectible?A: Uncollectible Accounts ExpenseB: Accounts ReceivableC: Allowance for Doubtful Ac

13、countsD: Interest Expense正确答案: B(单选题)17: The characteristics of partnership exclude( )A: more financial resources than a proprietorshipB: additional management skillsC: limited liabilityD: unlimited liability正确答案: C(单选题)18: Which of the following groups of accounts have a normal debit balance?A: rev

14、enues, liabilities, capitalB: capital, assetsC: liabilities, expensesD: assets, expenses正确答案: D(单选题)19: The amount of the outstanding checks is included on the bank reconciliation as a(n) ( )A: deduction from the balance per depositors recordsB: addition to the balance per bank statementC: deduction

15、 from the balance per bank statementD: addition to the balance per depositors records正确答案: C(单选题)20: Which of the following measures a companys ability to pay its current liabilities?A: earnings per shareB: inventory turnoverC: current ratioD: number of times interest charges earned正确答案: C(判断题)21: I

16、f a firm has a quick ratio of 1, the subsequent payment of an account payable will cause the ratio to increase.A: 对B: 错正确答案: F(判断题)22: An account receivable is typically classified as a revenue.A: 对B: 错正确答案: F(判断题)23: When common stock is issued in exchange for land, the land should be recorded in t

17、he accounts at the par amount of the stock issued.A: 错误B: 正确正确答案: A(判断题)24: Treasury Stock is listed in the stockholders equity section on the balance sheet.A: 对B: 错正确答案: T(判断题)25: If bonds are sold for a discount, the carrying value of the bonds is equal to the face value less the unamortized disco

18、unt.A: 对B: 错正确答案: T(判断题)26: Accrued expenses are expenses that have been incurred but not yet paid in cash and there is no original entry.A: 对B: 错正确答案: T(判断题)27: The day on which the board of directors of the corporation distributes a dividend is called the declaration date.A: 错误B: 正确正确答案: A(判断题)28:

19、 In preparing bank reconciliation, the amount of deposits in transit is deducted from the balance per bank statement.A: 对B: 错正确答案: F(判断题)29: The statement of cash flows consists of an operating section, an income section, and an equity section.A: 错误B: 正确正确答案: A(判断题)30: The normal balance of the accu

20、mulated depreciation account is debit.A: 错误B: 正确正确答案: A(判断题)31: An account receivable is a claim against a customer arising from a sale on account.A: 对B: 错正确答案: T(判断题)32: The increase side of all accounts is the normal balance.A: 错误B: 正确正确答案: B(判断题)33: The difference between Accounts Receivable and

21、its contra asset account is called net realizable value.A: 错误B: 正确正确答案: B(判断题)34: Horizontal analysis is used to compare the financial statements of the same company for different periods.A: 对B: 错正确答案: T(判断题)35: Every adjusting entry will affect at least one income statement account and one balance

22、sheet account.A: 对B: 错正确答案: T(判断题)36: Dividends in arrears are liabilities of the corporation.A: 错误B: 正确正确答案: A(判断题)37: Revenue is earned only when money is received.A: 对B: 错正确答案: F(判断题)38: Horizontal analysis is used to compare the financial statements of the same company for different periods.A: 错

23、误B: 正确正确答案: B(判断题)39: All property, plant, and equipment assets are depreciated over time.A: 对B: 错正确答案: F(判断题)40: The allowance for doubtful accounts is similar to accumulated depreciation in that the account represents the total of all accounts written-off since the beginning year.A: 错误B: 正确正确答案: A

24、(判断题)41: A balance sheet is a list of the assets, liabilities, and owners equity of a business for a period of time.A: 错误B: 正确正确答案: A(判断题)42: Adjusting entries are needed to ensure that the revenue recognition and matching principles are followed.A: 对B: 错正确答案: T(判断题)43: The accounting equation can b

25、e expressed as Assets - Liabilities = Owners Equity.A: 对B: 错正确答案: T(判断题)44: Journalizing is the process of entering amounts in the ledger.A: 对B: 错正确答案: F(判断题)45: In preparing bank reconciliation, the amount of outstanding checks is added to the balance per bank statement.A: 对B: 错正确答案: F(判断题)46: If a

26、 firm has a quick ratio of 1, the subsequent payment of an account payable will cause the ratio to increase.A: 错误B: 正确正确答案: A(判断题)47: If ending inventory for the year is understated, net income for the year is overstated.A: 对B: 错正确答案: F(判断题)48: Under the periodic inventory system, the cost of mercha

27、ndise sold is recorded when sales are made.A: 对B: 错正确答案: F(判断题)49: A fixed asset impairments occurs when the fair value of a fixed asset falls below its book value and is not expected to recover.A: 错误B: 正确正确答案: B(判断题)50: The effect of a sales return and allowance is a reduction in sales revenue and

28、a decrease in cash or accounts receivable.A: 错误B: 正确正确答案: B(单选题)1: Which of the following should not be considered cash by an accountant?A: coinsB: bank checking accountsC: postage stampsD: Petty cash funds正确答案: C(单选题)2: The account Unrealized Gain (Loss) on Available-For-Sale Securities should be i

29、ncluded in the( )A: Income statement as Other Revenue (Expenses)B: Balance sheet as an adjustment to the asset accountC: Balance sheet as an adjustment to Stockholders EquityD: Statement of Retained Earnings正确答案: C(单选题)3: Which of the following below generally is the most useful in analyzing compani

30、es of different sizes?A: comparative statementsB: common-sized financial statementsC: price-level accountingD: audit report正确答案: B(单选题)4: The business entity concept means thatA: the owner is part of the business entityB: an entity is organized according to state or federal statutesC: an entity is o

31、rganized according to the rules set by the FASBD: the entity is an individual economic unit for which data are recorded, analyzed, and reported正确答案: D(单选题)5: A business paid $7,000 to a creditor in payment of an amount owed. The effect of the transaction on the accounting equation was toA: increase one asset, decrease another assetB: decrease an asset, decrease a liabilityC: increase an asset, increase a liabilityD: increase an asset, increase o