南开 17秋学期《会计专业英语》在线作业 答案满分答案
17秋学期《会计专业英语》在线作业
试卷总分:100 得分:0
一、 单选题 (共 20 道试题,共 40 分)
1. The journal entry a company uses to record the estimated accrued product warranty liability is （ ）
专业答案:----
A. debit Product Warranty Expense; credit Product Warranty Payable
正确选项:----
B. debit Product Warranty Payable; credit Cash
专业答案:----
C. debit Product Warranty Expense; credit Cash
正确选项:----
D. debit Product Warranty Payable; credit Product Warranty Expense
专业答案:----
满分：2 分
2. Under which method of cost flows is the inventory assumed to be composed of the most recent costs?
正确选项:----
A. average cost
B. last-in, first-out
C. first-in, first-out
D. weighted average
正确选项:----
满分：2 分
3. All of the following below are needed for the calculation of depreciation except（ ）
正确答案:----
A. cost
B. residual value
正确选项:----
C. estimated life
正确选项:----
D. book value
专业答案:----
满分：2 分
4. The liability for a dividend is recorded on which of the following dates?
正确答案:----
A. the date of record
专业答案:----
B. the date of payment
正确选项:----
C. the date of announcement
正确答案:----
D. the date of declaration
正确选项:----
满分：2 分
5. Debts owed by a business are referred to as（ ）
正确选项:----
A. accounts receivables
B. equities
C. owner’s equity
D. liabilities
正确答案:----
满分：2 分
6. The inventory method that assigns the most recent costs to cost of good sold is
专业答案:----
A. FIFO
B. LIFO
C. average
D. specific identification
专业答案:----
满分：2 分
7. Which of the following is not included in the computation of the quick ratio?
正确选项:----
A. inventory
B. marketable securities
C. accounts receivable
D. cash
专业答案:----
满分：2 分
8. A characteristic of a fixed asset is that it is （ ）
正确选项:----
A. intangible
B. used in the operations of a business
正确选项:----
C. held for sale in the ordinary course of the business
正确答案:----
D. none of the above
正确选项:----
满分：2 分
9. Which of the following financial statements reports information as of a specific date?
专业答案:----
A. income statement
B. statement of owner's equity
C. statement of cash flows
D. balance sheet
专业答案:----
满分：2 分
10. A bank reconciliation should be prepared periodically because （ ）
专业答案:----
A. the depositor's records and the bank's records are in agreement
专业答案:----
B. the bank has not recorded all of its transactions
正确答案:----
C. any differences between the depositor's records and the bank's records should be determined, and any errors made by either party should be
专业答案:----
满分：2 分
11. The excess of issue price over par of common stock is termed a(n) （ ）
专业答案:----
A. discount
专业答案:----
B. income
C. deficit
正确答案:----
D. premium
专业答案:----
满分：2 分
12. Financial statements in which financial data for two or more companies are combined as a single entity are called
正确答案:----
A. conventional statements
B. consolidated statements
专业答案:----
C. audited statements
正确选项:----
D. constitutional statements
正确答案:----
满分：2 分
13. Cash dividends are usually not paid on which of the following?
专业答案:----
A. class B common stock
B. preferred stock
正确选项:----
C. treasury stock
D. class A common stock
正确答案:----
满分：2 分
14. How is treasury stock shown on the balance sheet?
A. as an asset
B. as a decrease in stockholders' equity
正确选项:----
正确选项:----
C. as an increase in stockholders' equity
D. treasury stock is not shown on the balance sheet
正确答案:----
满分：2 分
15. When the perpetual inventory system is used, the inventory sold is debited to ( )
正确答案:----
A. supplies expense
B. cost of merchandise sold
专业答案:----
C. merchandise inventory
正确答案:----
D. sales
专业答案:----
满分：2 分
16. Cash investments made by the owner to the business are reported on the statement of cash flows in the
正确答案:----
A. financing activities section
B. investing activities section
C. operating activities section
D. supplemental statement
专业答案:----
满分：2 分
17. Cash equivalents（ ）
A. are illegal in some company
B. will be converted to cash within two years
专业答案:----
C. will be converted to cash within 90 days
正确答案:----
D. will be converted to cash within 120 days
专业答案:----
满分：2 分
18. What is the type of account and normal balance of Allowance for Doubtful Accounts?
专业答案:----
A. Contra asset, credit
正确答案:----
专业答案:----
B. Asset, debit
正确答案:----
C. Asset, credit
D. Contra asset, debit
正确答案:----
满分：2 分
19. In the accounting cycle, the last step is（ ）
A. preparing the financial statements
B. journalizing and posting the adjusting entries
正确答案:----
C. preparing a post-closing trial balance
D. journalizing and posting the closing entries
正确选项:----
满分：2 分
20. The measurement bases exclude( )
专业答案:----
A. Historical cost
B. Current cost
C. Sale price
D. Present value
正确答案:----
满分：2 分
南开 17秋学期《会计专业英语》在线作业 答案多选题答案
二、 判断题 (共 30 道试题,共 60 分)1. When common stock is issued in exchange for land, the land should be recorded in the accounts at the par amount of the stock issued.
专业答案:----
A. 错误
B. 正确
满分：2 分
2. If the debit portion of an adjusting entry is to an asset account, then the credit portion must be to a liability account.
专业答案:----
A. 错误
B. 正确
满分：2 分
3. An income statement is a summary of the revenues and expenses of a business as of a specific date.
正确答案:----
A. 错误
B. 正确
满分：2 分
4. Recognition is the process of incorporating in the balance sheet or income statement an item that meet the definition of an element and satisfies the recognition criteria.
正确答案:----
A. 错误
B. 正确
满分：2 分
5. If the liabilities owed by a business total $500,000, then the assets also total $500,000.
正确选项:----
A. 错误
B. 正确
满分：2 分
6. Prepaid expenses are an example of an expense.
正确答案:----
A. 错误
B. 正确
满分：2 分
7. Overall objective of financial reporting is to provide financial information useful to internal users in making economic decisions.
专业答案:----
A. 错误
B. 正确
满分：2 分
8. The cost of new equipment is called a revenue expenditure because it will help generate revenues in the future.
正确答案:----
A. 错误
B. 正确
满分：2 分
9. Bondholders claims on the assets of the corporation rank ahead of stockholders.
正确选项:----
A. 错误
B. 正确
满分：2 分
10. An account receivable is a claim against a customer arising from a sale on account.
A. 错误
B. 正确
满分：2 分
11. Solvency analysis focuses on the ability of a business to pay its current and noncurrent liabilities.
正确答案:----
A. 错误
B. 正确
满分：2 分
12. Accounting is a service that provides many different users with financial information to make economic decisions.
专业答案:----
A. 错误
B. 正确
满分：2 分
13. Investments in stocks that are expected to be held for the long term are listed in the stockholder's equity section of the balance sheet.
正确选项:----
A. 错误
B. 正确
满分：2 分
14. The accrual basis of accounting requires revenue be recorded when cash is received from customers.
正确答案:----
A. 错误
B. 正确
满分：2 分
15. For a current liability to exist, the following two tests must be met. The liability must be due usually within a year and must be paid out of current assets.
专业答案:----
A. 错误
B. 正确
满分：2 分
16. Horizontal analysis is used to compare the financial statements of the same company for different periods.
正确选项:----
A. 错误
B. 正确
满分：2 分
17. The book value of a fixed asset reported on the balance sheet represents its market value on that date.
专业答案:----
A. 错误
B. 正确
满分：2 分
18. When old equipment is traded in for a new equipment, the difference between the list price and the trade in allowance is called boot.
正确答案:----
A. 错误
B. 正确
满分：2 分
19. If ending inventory for the year is understated, net income for the year is overstated.
正确选项:----
A. 错误
B. 正确
满分：2 分
20. The relationship of each asset item as a percent of total assets is an example of vertical analysis.
A. 错误
B. 正确
满分：2 分
21. The statement of cash flows consists of an operating section, an income section, and an equity section.
正确答案:----
A. 错误
B. 正确
满分：2 分
22. Bondholders are creditors of the issuing corporation.
专业答案:----
A. 错误
B. 正确
满分：2 分
23. In preparing bank reconciliation, the amount of deposits in transit is deducted from the balance per bank statement.
专业答案:----
A. 错误
B. 正确
满分：2 分
24. A business using the perpetual inventory system, with its detailed subsidiary records, does not need to take a physical inventory.
专业答案:----
A. 错误
B. 正确
满分：2 分
25. When a large quantity of merchandise is purchased, a reduction allowed on the sale price is called a trade discount.
正确选项:----
A. 错误
B. 正确
满分：2 分
26. The amortization of a premium on bonds payable decreases bond interest expense.
正确选项:----
A. 错误
B. 正确
满分：2 分
27. The accounting equation can be expressed as Assets - Liabilities = Owner's Equity.
专业答案:----
A. 错误
B. 正确
满分：2 分
28. Temporary investments are reported on the balance sheet at cost.
正确选项:----
A. 错误
B. 正确
满分：2 分
29. A fixed asset impairments occurs when the fair value of a fixed asset falls below its book value and is not expected to recover.
正确答案:----
A. 错误
B. 正确
满分：2 分
30. The balance of the allowance for doubtful accounts is added to accounts receivable on the balance sheet.
专业答案:----
A. 错误
B. 正确
满分：2 分
南开 17秋学期《会计专业英语》在线作业 答案历年参考题目如下：
