南开19秋学期（1709、1803、1809、1903、1909）《会计专业英语》在线作业[满分答案]答案
19秋学期（1709、1803、1809、1903、1909）《会计专业英语》在线作业-0002
试卷总分:100 得分:0
一、 单选题 (共 20 道试题,共 40 分)
1.Characteristics of a corporation include （ ）
A.shareholders who are mutual agents
B.direct management by the shareholders (owners)
C.its inability to own property
D.shareholders who have limited liability
2.Sinking Fund Cash would be classified on the balance sheet as （ ）
A.a current asset
B.a fixed asset
C.an intangible asset
D.an investment
3.One of the main disadvantages of the corporate form is the( )
A.professional management
B.double taxation of dividends
C.charter
D.corporation must issue stock
4.If the maker of a promissory note fails to pay the note on the due date, the note is said to be( )
A.displaced
B.disallowed
C.dishonored
D.dishonored
5.The interest rate specified in the bond indenture is called the ( )
A.discount rate
B.contract rate
C.market rate
D.effective rate
6.Accumulated Depreciation ( )
A.is used to show the amount of cost expiration of intangibles
B.is the same as Depreciation Expense
C.is a contra asset account
D.is used to show the amount of cost expiration of natural resources
7.The primary purpose of a stock split is to ( )
A.increase paid-in capital
B.reduce the market price of the stock per share
C.increase the market price of the stock per share
D.increase retained earnings
8.The two most common specialized fields of accounting in practice are( )
A.forensic accounting and financial accounting
B.managerial accounting and financial accounting
C.managerial accounting and environmental accounting
D.financial accounting and tax accounting systems
9.The matching concept( )
A.addresses the relationship between the journal and the balance sheet
B.determines whether the normal balance of an account is a debit or credit
C.requires that the dollar amount of debits equal the dollar amount of credits on a trial balance
D.determines that expenses related to revenue be reported at the same time the revenue is reported
10.In which section of the balance sheet would Treasury Stock be reported?
A.Fixed assets
B.Long-term liabilities
C.Stockholders' equity
D.Intangible assets
11.Stockholders' equity （ ）
A.is usually equal to cash on hand
B.includes paid-in capital and liabilities
C.includes retained earnings and paid-in capital
D.is shown on the income statement
12.Which of the following entries records the acquisition of office supplies on account?
A.Office Supplies, debit; Cash, credit
B.Cash, debit; Office Supplies, credit
C.Office Supplies, debit; Accounts Payable, credit
D.Accounts Receivable, debit; Office Supplies, credit
13.Which of the following should not be considered cash by an accountant?
A.coins
B.bank checking accounts
C.postage stamps
D.Petty cash funds
14.How does paying a liability in cash affect the accounting equation?
A.assets increase; liabilities decrease
B.assets increase; liabilities increase
C.assets decrease; liabilities decrease
D.liabilities decrease; owner's equity increases
15.All of the following occur with a double-entry accounting system except:
A.The accounting equation remains in balance.
B.Each business transaction will have only two entries.
C.Every transaction affects at least two accounts
D.The sum of all debits is always equal to the sum of all credits in each journal entry.
16.The term "inventory" indicates （ ）
A.merchandise held for sale in the normal course of business
B.materials in the process of production or held for production
C.supplies
D.both A and B
17.When the corporation issuing the bonds has the right to repurchase the bonds prior to the maturity date for a specific price, the bonds are ( )
A.convertible bonds
B.unsecured bonds
C.debenture bonds
D.callable bonds
18.Profit is the difference between
A.assets and liabilities
B.the incoming cash and outgoing cash
C.he assets purchased with cash contributed by the owner and the cash spent to operate the business
D.the amounts received from customers for goods or services and the amounts paid for the inputs used to provide the goods or services
19.Using accrual accounting, expenses are recorded and reported only（ ）
A.when they are incurred, whether or not cash is paid
B.when they are incurred and paid at the same time
C.if they are paid before they are incurred
D.if they are paid after they are incurred
20.The ability of a business to pay its debts as they come due and to earn a reasonable amount of income is referred to as （ ）
A.solvency and leverage
B.solvency and profitability
C.solvency and liquidity
D.solvency and equity
南开19秋学期（1709、1803、1809、1903、1909）《会计专业英语》在线作业[满分答案]多选题
二、 判断题 (共 30 道试题,共 60 分)1.Prepaid expenses are an example of an expense.
A.错误
B.正确
2.If 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
3.Revenue accounts are increased by credits.
A.对
B.错
4.Under the equity method, a stock purchase is recorded at its original cost and is not adjusted to fair market value each accounting period.
A.对
B.错
5.The difference between Accounts Receivable and its contra asset account is called net realizable value.
A.对
B.错
6.The declaration of a stock dividend decreases a corporation's stockholders' equity and increases its liabilities.
A.对
B.错
7.During the closing process, some balance sheet accounts are closed and end the period with a zero balance.
A.对
B.错
8.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.
A.对
B.错
9.Bondholders claims on the assets of the corporation rank ahead of stockholders.
A.对
B.错
10.All property, plant, and equipment assets are depreciated over time.
A.对
B.错
11.Bondholders are creditors of the issuing corporation.
A.对
B.错
12.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
13.The declaration and issuance of a stock dividend does not affect the total amount of a corporation's assets, liabilities, or stockholders' equity.
A.错误
B.正确
14.The equity method is usually more appropriate for accounting for investments where the purchaser does not have significant influence over the investee.
A.对
B.错
15.If the bondholder has the right to exchange a bond for shares of common stock, the bond is called a convertible bond.
A.对
B.错
16.For strong internal control system over cash, it is important to have the duties related to cash receipts and cash payments divided among different employees.
A.错误
B.正确
17.If a company has issued only one class of stock, the earnings per share are determined by dividing net income plus interest expense by the number of shares outstanding.
A.对
B.错
18.The accrual basis of accounting requires revenue be recorded when cash is received from customers.
A.对
B.错
19.Under the perpetual inventory system, when a sale is made, both the sale and cost of merchandise sold are recorded.
A.对
B.错
20.Sales Discounts is a revenue account with a credit balance.
A.对
B.错
21.Overall objective of financial reporting is to provide financial information useful to internal users in making economic decisions.
A.错误
B.正确
22.An income statement is a summary of the revenues and expenses of a business as of a specific date.
A.对
B.错
23.During inflationary periods, the use of the LIFO method of costing inventory will result in a greater amount of net income than would result from the use of the FIFO method.
A.错误
B.正确
24.If the proceeds from the sale of bond investments exceeds the carrying amount of the bonds, a gain is realized.
A.对
B.错
25.If a 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
26.Allowance for Doubtful Accounts is a liability account.
A.对
B.错
27.Under the accrual basis for the accounting period concept, revenues are reported in the income statement in the period in which they are earned.
A.对
B.错
28.The statement of cash flows consists of an operating section, an income section, and an equity section.
A.错误
B.正确
29.Treasury Stock is listed in the stockholders' equity section on the balance sheet.
A.对
B.错
30.Primary users of accounting information are accountants.
A.错误
B.正确
南开19秋学期（1709、1803、1809、1903、1909）《会计专业英语》在线作业[满分答案]历年真题如下：
