南开大学11春学期《会计专业英语》在线作业资料 满分

久爱奥鹏晓林

一、单选题（共 20 道试题，共 40 分。）V 1.  The inventory method that assigns the most recent costs to cost of good sold is
& s* a% F! |% c, g' N5 {. QA. FIFO
B. LIFO
$ w3 N) z' h  hC. average
D. specific identification
      满分：2  分
2.  Cash investments made by the owner to the business are reported on the statement of cash flows in the
A. financing activities section
B. investing activities section
C. operating activities section
0 d% S  ]7 k6 Q  h$ y# A. A. uD. supplemental statement
      满分：2  分
* Z+ F& o6 K' e$ g; L3.  The primary purpose of a stock split is to （ ）
5 R( a0 I* w; p, R7 Q. rA. increase paid-in capital
B. reduce the market price of the stock per share
9 A- F; V7 ^2 h. ~6 }& T. q2 cC. increase the market price of the stock per share
D. increase retained earnings
      满分：2  分
% @% u0 t  f3 s/ ^& k6 [4.  Which of the following financial statements reports information as of a specific date?
A. income statement
B. statement of owner's equity
$ o0 ]# U5 V( b. u) zC. statement of cash flows
# U# C9 y# }+ a1 a; lD. balance sheet
7 X, M" Q) ^2 L9 \' d& {      满分：2  分
5.  Accumulated Depreciation ( )
6 W0 Z, p" f6 c- ]- u+ L2 k$ c. n6 KA. is used to show the amount of cost expiration of intangibles
B. is the same as Depreciation Expense
9 w4 j" H, A5 v( m2 {& }  rC. is a contra asset account
6 e$ U" G. G$ I* I& q) ?D. is used to show the amount of cost expiration of natural resources
      满分：2  分
6.  Merchandise inventory at the end of the year was understated. Which of the following statements correctly states the effect of the error?
A. net income is understated
B. net income is overstated
, Z$ m  h) G+ s0 V7 cC. cost of merchandise sold is understated
D. merchandise inventory reported on the balance sheet is overstated
  L6 s! C; V1 I      满分：2  分
7.  On the balance sheet, the amount shown for the Allowance for Doubtful Accounts is equal to the （ ）
A. Uncollectible accounts expense for the year
6 [% r6 u% n- X3 xB. total of the accounts receivables written-off during the year
0 _6 M# d( s! p6 E# d7 `! h' KC. total estimated uncollectible accounts as of the end of the year
9 D- e8 e/ L- qD. sum of all accounts that are past due.
      满分：2  分
8.  For accounting purposes, the business entity should be considered separate from its owners if the entity is（ ）
. S. o  g% A' J1 {! J. s8 dA. a corporation
B. a proprietorship
C. a partnership
D. all of the above
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9.  Financial statements in which financial data for two or more companies are combined as a single entity are called
" o6 ^* Y* V# q% A4 C' q0 qA. conventional statements
B. consolidated statements
% Z. d; Q4 d' ?3 U- XC. audited statements
" Y& G1 A, Q% S" w. c: aD. constitutional statements
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10.  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
3 H/ H8 \4 E2 y7 ]8 B. CB. unsecured bonds
C. debenture bonds
D. callable bonds
      满分：2  分
/ k. k$ I( l, j11.  The accounting equation may be expressed as（ ）
A. Assets = Equities - Liabilities
B. Assets + Liabilities = Owner's Equity
- n# _/ }- j2 p& QC. Assets = Revenues less Liabilities
D. Assets - Liabilities = Owner's Equity
      满分：2  分
12.  The interest rate specified in the bond indenture is called the （ ）
& K) @+ F; I3 pA. discount rate
& c: U& Y$ P/ D- V" ]B. contract rate
C. market rate
D. effective rate
      满分：2  分
13.  The liability for a dividend is recorded on which of the following dates?
- J; v, |+ Q; y% |A. the date of record
3 _: l+ `8 R8 k  W# o7 ZB. the date of payment
4 |+ J( j. @# i% a) k2 NC. the date of announcement
D. the date of declaration
      满分：2  分
14.  Which of the following groups of accounts have a normal debit balance?
A. revenues, liabilities, capital
B. capital, assets
5 y' `5 U' G$ LC. liabilities, expenses
# w. ]7 M6 G( \0 B, l+ [% MD. assets, expenses
      满分：2  分
15.  The amount of the outstanding checks is included on the bank reconciliation as a(n) （ ）
9 ^7 o2 K/ C. Z( z  g6 P3 F! cA. deduction from the balance per depositor's records
- M8 X% z+ p3 `0 w* ZB. addition to the balance per bank statement
C. deduction from the balance per bank statement
D. addition to the balance per depositor's records
      满分：2  分
4 g6 E( t. O( T# T8 X* v16.  Debts owed by a business are referred to as（ ）
: U5 W2 F; g7 k) [2 ?9 r- RA. accounts receivables
; O% j0 m$ R( Y. yB. equities
C. owner’s equity
  }! P; U# j" m/ m. _D. liabilities
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17.  Financial reports are used by（ ）
0 v' I; w: Q8 U3 b& Y' ^4 CA. management
B. creditors
- l% G. y+ J$ j* N6 HC. investors
D. all of the above
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18.  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
  x1 r% X  m; o- y4 B( L      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
C. preparing a post-closing trial balance
% r* A5 ?2 T& E1 s2 {  ~* CD. journalizing and posting the closing entries
' j# B3 A, ^4 F( b% c1 m, i6 g8 G% c      满分：2  分
& p% {1 T- u+ K# P0 q/ Q! S20.  Characteristics of a corporation include （ ）
A. shareholders who are mutual agents
B. direct management by the shareholders (owners)
0 B" P" I$ r" cC. its inability to own property
D. shareholders who have limited liability
) Q3 h$ S  |/ z8 ^1 ]      满分：2  分
二、判断题（共 30 道试题，共 60 分。）V 1.  If the liabilities owed by a business total $500,000, then the assets also total $500,000.
! M7 r: x  K3 r0 G+ eA. 错误
) c9 Z  k4 @0 {) ^- J( ~  ZB. 正确
      满分：2  分
0 N: W0 i1 N8 F2.  A fixed asset impairments occurs when the fair value of a fixed asset falls below its book value and is not expected to recover.
A. 错误
9 o5 S2 _! _8 x" _B. 正确
      满分：2  分
8 c2 W2 @2 o5 G3 B+ h8 s3.  Allowance for Doubtful Accounts is a liability account.
) X( \* X2 D( W% BA. 错误
2 A  A* J3 X7 d) o/ I- y+ VB. 正确
' }- s. i3 |) h! e" y1 F: [      满分：2  分
4.  During deflationary periods, the use of the LIFO method of costing inventory will result in a lower amount of current assets than would result from the use of the FIFO method.
% r4 l0 o" I5 j) ~A. 错误
B. 正确
7 ^' K* H; ]& n      满分：2  分
7 Z7 s$ ?& l, ~  V5.  Bondholders claims on the assets of the corporation rank ahead of stockholders.
: g. e% ?  x8 O5 qA. 错误
B. 正确
# L! b" z4 d$ s3 `& {      满分：2  分
0 L% i0 X) v% x- h2 ^" d% m2 d6.  If ending inventory for the year is understated, net income for the year is overstated.
A. 错误
B. 正确
; Y6 ~0 E5 Y( E8 I9 Q0 _      满分：2  分
7.  The declaration of a stock dividend decreases a corporation's stockholders' equity and increases its liabilities.
1 E& O7 Z" b# ^. U; |A. 错误
B. 正确
) K+ n/ L) z: [( p      满分：2  分
8.  An income statement is a summary of the revenues and expenses of a business as of a specific date.
A. 错误
B. 正确
      满分：2  分
9.  If a firm has a quick ratio of 1, the subsequent payment of an account payable will cause the ratio to increase.
5 B5 N; @$ j! L5 DA. 错误
B. 正确
# c3 F, T/ p6 p- l; ^& X      满分：2  分
10.  The increase side of all accounts is the normal balance.
A. 错误
B. 正确
* z4 C& J* B& y      满分：2  分
11.  In preparing bank reconciliation, the amount of deposits in transit is deducted from the balance per bank statement.
) o& P6 Z% H0 C, o: M* gA. 错误
6 w! _8 ^/ ~+ D9 M9 P+ CB. 正确
* _* `, A6 M5 X& D      满分：2  分
' O0 o! b$ M& Q) w, ]' B2 [, \12.  The accounting equation can be expressed as Assets - Liabilities = Owner's Equity.
% ^/ p- c6 v$ C+ E) p% t$ p( iA. 错误
+ V0 m( U6 F9 t; a8 G" mB. 正确
7 m: U8 w8 C! X8 W; t      满分：2  分
  S/ v6 p+ w; \' d13.  The journal entry to record the cost of warranty repairs that were incurred during the current period, but related to sales made in prior years, includes a debit to Warranty Expense.
A. 错误
B. 正确
      满分：2  分
14.  If bonds are sold for a discount, the carrying value of the bonds is equal to the face value less the unamortized discount.
* B# ~' `* n* x; b$ tA. 错误
3 U7 C) m) }6 Z. G7 n' kB. 正确
/ S7 k0 a) r# _. z: `2 D' D      满分：2  分
15.  The normal balance of the accumulated depreciation account is debit.
A. 错误
B. 正确
' S+ @" o5 g0 W2 e; W      满分：2  分
+ L1 s% H# Z9 c, z+ I7 ~4 w9 @) n16.  All property, plant, and equipment assets are depreciated over time.
- k' F) K9 T% }+ ^! w4 [7 PA. 错误
2 ?5 P+ s4 I/ V& D7 yB. 正确
) {' g( Z3 p8 C3 R, i      满分：2  分
1 c  \/ P/ r5 y# y2 x$ J4 H8 S17.  Paying an account payable increases liabilities and decreases assets
+ w) g4 z3 b( tA. 错误
B. 正确
      满分：2  分
2 W+ m0 t0 N6 j" Y18.  Sales Discounts is a revenue account with a credit balance.
8 m* }' r4 B: D: d) \8 _A. 错误
B. 正确
      满分：2  分
: i8 w* q3 q9 _6 J' u4 c19.  In establishing a petty cash fund, a check is written for the amount of the fund and is recorded as a debit to Accounts Payable and a credit to Petty Cash.
A. 错误
B. 正确
" \5 O7 {; c2 ?8 d, o2 {6 j      满分：2  分
) ~4 W1 O( a: s+ P1 N20.  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.
: ^+ C' B1 O+ W! Q! AA. 错误
1 t/ Y) p6 J& \B. 正确
      满分：2  分
21.  The amortization of a premium on bonds payable decreases bond interest expense.
A. 错误
! Z* C1 b( g- nB. 正确
      满分：2  分
22.  Information is material if its omission or misstatement could influence the economic decisions of users.
A. 错误
) A8 }9 m) Y0 I$ ~7 H! Y3 jB. 正确
      满分：2  分
23.  Accounting is a service that provides many different users with financial information to make economic decisions.
A. 错误
5 O. P9 @& L0 W2 cB. 正确
$ G3 e' j; V0 w( S9 _$ H; L      满分：2  分
. n+ L& \3 r/ m2 ]  z: o24.  When a large quantity of merchandise is purchased, a reduction allowed on the sale price is called a trade discount.
$ |1 e5 b) D; ?& r, |+ J/ D+ UA. 错误
B. 正确
9 B  ^- i9 `, B6 W& B6 s: O& w      满分：2  分
3 l0 `2 V9 |. @. Y6 m25.  The statement of cash flows consists of an operating section, an income section, and an equity section.
A. 错误
B. 正确
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26.  When the market rate of interest is less than the contract rate for a bond, the bond will sell for a premium.
A. 错误
B. 正确
7 {' o0 _8 c) a; o# b; w8 X      满分：2  分
+ r- B0 {. G! i- Q9 w# F27.  If the bondholder has the right to exchange a bond for shares of common stock, the bond is called a convertible bond.
A. 错误
B. 正确
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28.  The book value of a fixed asset reported on the balance sheet represents its market value on that date.
A. 错误
2 A6 @# Q$ h8 q* f7 W2 T  xB. 正确
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29.  Financial statements should be understandable to everyone.
$ ?" C5 u5 u( sA. 错误
B. 正确
+ Z! ^/ Q  n+ r( N$ h      满分：2  分
/ |' s& s+ s$ ]30.  Temporary investments are reported on the balance sheet at cost.
A. 错误
- q1 _' G( @7 R4 f. Q7 dB. 正确
8 u, g8 y8 U( t      满分：2  分