[南开大学]18春学期（1709、1803）《会计专业英语》在线作业（100分）

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【奥鹏】[南开大学]18春学期（1709、1803）《会计专业英语》在线作业
试卷总分:100    得分:100
7 a( Y$ c% `3 o  q) u$ Q! |1 f第1题,The measurement bases exclude(  )
A、Historical cost
B、Current cost
$ g) T( y7 ]9 B$ TC、Sale price
D、Present value


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& v+ K8 K3 h* U7 `第2题,What is the type of account and normal balance of Allowance for Doubtful Accounts?
A、Contra asset, credit
. z% h) ?+ t2 e, h% h$ W6 JB、Asset, debit
/ y7 W- X/ H( B4 P* f/ Q: BC、Asset, credit
$ u% c# j! ~# }" ]8 \; [- u# OD、Contra asset, debit


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. R' b% W6 C7 u+ B9 x% |0 ^$ n) D/ R第3题,The inventory method that assigns the most recent costs to cost of good sold is
! b0 p# w' a. `0 ^+ WA、FIFO
+ o7 f/ U- U' f% |( \" yB、LIFO
( i3 e: G  z+ d, n& O3 T, z' o  VC、average
7 w; {' W) g% D1 S: R3 {D、specific identification
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" M; \& O/ r  @- u$ d第4题,Which of the following should not be considered cash by an accountant?
% z7 k/ e' s  e, |* l/ YA、coins
% \1 m4 Z4 M% TB、bank checking accounts
0 c& h1 ~0 d$ U/ {1 kC、postage stamps
0 D+ `4 O9 v( F" {D、Petty cash funds

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第5题,The accounting equation may be expressed as（  ）
A、Assets = Equities - Liabilities
- C% n4 \5 Q7 L% EB、Assets + Liabilities = Owner's Equity
0 H' V2 d1 @. D; G; e' ~4 V) G  oC、Assets = Revenues less Liabilities
2 z2 o# a- P7 r; r* E/ }D、Assets - Liabilities = Owner's Equity

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# f& b  x  Q0 _) I7 H% \第6题,For accounting purposes, the business entity should be considered separate from its owners if the entity is（  ）
A、a corporation
- M7 e& I2 z+ V7 AB、a proprietorship
( y8 k" h8 X; E6 Z/ HC、a partnership
D、all of the above


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第7题,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

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; D5 o+ c( q% e第8题,The primary purpose of a stock split is to （  ）
A、increase paid-in capital
8 p9 o! u9 W9 d- ^B、reduce the market price of the stock per share
C、increase the market price of the stock per share
D、increase retained earnings

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+ U4 C4 f. ~& C8 {第9题,On the balance sheet, the amount shown for the Allowance for Doubtful Accounts is equal to the （  ）
A、Uncollectible accounts expense for the year
: P% F3 N+ J) p- C3 g. l/ pB、total of the accounts receivables written-off during the year
7 y6 }% h) [/ g- T& [+ BC、total estimated uncollectible accounts as of the end of the year
D、sum of all accounts that are past due.
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第10题,Which of the items below is not a business organization form?（   ）
A、entrepreneurship
# b. Z& f2 U: g$ h3 f% P' R# KB、proprietorship
9 h! S3 `' U3 }C、partnership
8 @+ Q4 R* q2 Y# M4 j1 q5 _D、corporation

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6 h% M4 A& m% M) \, _( {4 ~第11题,Merchandise inventory at the end of the year was understated.  Which of the following statements correctly states the effect of the error?
  M: i9 e0 t8 tA、net income is understated
B、net income is overstated
0 e! w+ W" Q( t* ?) t, jC、cost of merchandise sold is understated
6 ?4 f9 F1 l* h/ d- y" OD、merchandise inventory reported on the balance sheet is overstated


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3 D3 }; x0 c5 n' `  c4 ]第12题,How is treasury stock shown on the balance sheet?
A、as an asset
. u2 Z5 A% v1 |6 R' f5 G' C& jB、as a decrease in stockholders' equity
" Y: b8 r# x0 `4 |5 {3 PC、as an increase in stockholders' equity
D、treasury stock is not shown on the balance sheet

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, I) ~* N" F; u6 O8 x8 `2 y2 l# Z4 f' Q第13题,A capital expenditure results in a debit to （  ）
* z) G& G7 N! Z- T. x: ZA、an expense account
B、a capital account
C、a liability account
D、an asset account
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第14题,Expenses are reported on the（   ）
A、income statement
7 X. g# N9 m3 Q" O+ {B、statement of owner's equity
) \. Y% T9 u# i1 }C、statement of cash flows
2 O  G- _. K. P) `7 k1 @4 ND、balance sheet
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  z9 _8 n) e3 R  }第15题,A characteristic of a fixed asset is that it is （  ）
A、intangible
" S4 Y6 G% T) R! k2 N1 ?2 Z' ]; tB、used in the operations of a business
5 ~) j  b7 X# U3 p/ Y" GC、held for sale in the ordinary course of the business
! F2 n6 z& F  O. L1 k1 ?4 HD、none of the above
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& k- I5 J, k) X) j2 f6 s5 r第16题,The term "inventory" indicates （  ）
; q9 H5 P* D3 c% s+ j2 q5 y8 ]& FA、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

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5 t( A6 O* I: p' r, [第17题,Sinking Fund Cash would be classified on the balance sheet as （  ）
6 K7 J3 s/ u  d. v, G0 PA、a current asset
B、a fixed asset
  R. Y) b% j7 b: ^! qC、an intangible asset
D、an investment
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第18题,Current liabilities are（  ）
A、due, but not receivable for more than one year
B、due, but not payable for more than one year
C、due and receivable within one year
D、due and payable within one year
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) m" P3 r; e$ y, O% ]* P第19题,Stockholders' equity （  ）
6 [4 B+ n( C  K  a$ @% |: S: BA、is usually equal to cash on hand
B、includes paid-in capital and liabilities
+ t4 E  f4 P# a( g; gC、includes retained earnings and paid-in capital
D、is shown on the income statement



第20题,Cash dividends are usually not paid on which of the following?
) z% _( n0 M; y/ ?+ a% Y% HA、class B common stock
B、preferred stock
C、treasury stock
D、class A common stock

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第21题,Solvency analysis focuses on the ability of a business to pay its current and noncurrent liabilities.
A、错误
, F7 G8 D5 ^7 ?  }B、正确
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第22题,Horizontal analysis is used to compare the financial statements of the same company for different periods.
A、错误
B、正确
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8 l. a% I5 o) s& H, p2 B

第23题,The balance of the allowance for doubtful accounts is added to accounts receivable on the balance sheet.
A、错误
5 Z1 C- z, i6 B3 Z  ZB、正确

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6 Y1 U/ ^3 l$ w! Z! h/ |. c第24题,If bonds are sold for a discount, the carrying value of the bonds is equal to the face value less the unamortized discount.
A、错误
B、正确

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) M1 i" S; }+ K  V  L第25题,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.
2 Q' ?$ ~) \& m$ A7 p4 IA、错误
) i* q6 q8 Q5 @1 x6 fB、正确

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/ S) }3 s6 t" N+ }) }, ^第26题,The increase side of all accounts is the normal balance.
6 l' \  s& H! z/ b. M6 bA、错误
B、正确



第27题,Income is recognized when an increase in future benefits related to an increase in an asset of a decrease of a liability has arisen that can be measured reliably.
A、错误
B、正确


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第28题,An account receivable is a claim against a customer arising from a sale on account.
A、错误
B、正确


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$ f3 p7 y: N: b, [第29题,Consuming goods and services in the process of generating revenues results in expenses.
A、错误
/ ~. i5 r( H2 x$ x/ X" f& S' |B、正确
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第30题,Ordinarily, a corporation owning a significant portion of the voting stock of another corporation accounts for the investment using the equity method.
: m2 i. a5 B2 `3 G% d: S- nA、错误
! I- t2 i% Y" q$ EB、正确
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2 n* _7 D) r+ i) G4 W% \- W9 o% |第31题,The declining-balance method is an accelerated depreciation method.
, g! v8 Q; y) rA、错误
$ K+ E6 E' `: {! IB、正确



第32题,If ending inventory for the year is understated, net income for the year is overstated.
4 G) T$ j/ s# ?- w* R, ^% L, Q- NA、错误
B、正确
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第33题,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
. A3 o4 I; l, b  nB、正确
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8 w# c0 N# J' O0 u第34题,When using the FIFO inventory costing method, the most recent costs are assigned to the cost of goods sold.
1 p$ @. p5 s; |! rA、错误
B、正确
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2 ~8 c5 c( G( G. z2 p" O第35题,Accounting Process is identifying, measuring, recording, and communicating economic information to permit informed judgments and decisions by users of information.
A、错误
B、正确



! e" m% \9 \3 q2 n- |% p  ?, \1 x第36题,A corporation is a business that is legally separate and distinct from its owners.
A、错误
% K! a. K' q0 @3 @& W1 }& hB、正确


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第37题,Treasury Stock is listed in the stockholders' equity section on the balance sheet.
A、错误
' v* D* C; }# ]: l9 d& bB、正确



第38题,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
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% v3 ~, L3 d! j( s! ]第39题,An income statement is a summary of the revenues and expenses of a business as of a specific date.
9 N3 R( J( K3 q- I( c0 KA、错误
2 y4 `7 C: j! D3 t& S  UB、正确



/ F  {6 P# `$ d, j9 C6 \第40题,The accrual basis of accounting requires revenue be recorded when cash is received from customers.
A、错误
' z" ~: w( E$ l7 x, v$ h' jB、正确



3 g4 H7 C5 U0 K% c第41题,The amortization of a premium on bonds payable decreases bond interest expense.
4 |4 `4 K: B3 _# t- PA、错误
B、正确

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1 d+ S7 A' ]( u( t: F7 c$ |第42题,All property, plant, and equipment assets are depreciated over time.
8 H* z( m1 `' L! VA、错误
B、正确



第43题,Dividends in arrears are liabilities of the corporation.
# ^+ l$ a% s- tA、错误
0 _6 v3 s/ E9 I" F9 X' S# }( oB、正确
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3 }, d* _- y# G% t2 I2 a第44题,The matching concept requires expenses be recorded in the same period that the related revenue is recorded.
4 v: P2 Q7 Y0 i# k2 [4 U+ FA、错误
B、正确
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第45题,The normal balance of the accumulated depreciation account is debit.
! s/ S; B2 G2 T* dA、错误
) q) T2 R$ g! V, a- m* JB、正确
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/ f; N: ~' @! w8 t第46题,The double-entry accounting system records each transaction twice.
/ I( F; C3 y, L2 e3 {A、错误
B、正确

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第47题,When old equipment is traded in for a new equipment, the difference between the list price and the trade in allowance is called boot.
$ z. Y$ q! M# g; OA、错误
B、正确
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第48题,Temporary investments are reported on the balance sheet at cost.
; t5 k1 f& t$ q! R. |$ J, aA、错误
B、正确
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0 e! U, a, s  I: M0 S第49题,Paying an account payable increases liabilities and decreases assets
0 A8 s: ]9 V, b( x# H# YA、错误
B、正确
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第50题,If the bondholder has the right to exchange a bond for shares of common stock, the bond is called a convertible bond.
5 q1 a' \  C! w4 Q7 @! d/ I; sA、错误
, x0 j' |7 k- y+ v# `7 [4 z3 FB、正确
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