[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
7 d/ Q4 e/ @8 u; }$ `# s试卷总分:100    得分:100
' ]* G! y, `8 m第1题,The measurement bases exclude(  )
A、Historical cost
7 a2 Y) B3 r& h2 HB、Current cost
C、Sale price
D、Present value
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! r1 R& y) w/ V- N第2题,What is the type of account and normal balance of Allowance for Doubtful Accounts?
% C+ a" Q# s9 y9 HA、Contra asset, credit
  V1 h. B8 W# h" SB、Asset, debit
: @$ R  p$ d1 R3 P% H4 VC、Asset, credit
& d. K( z# R1 \% T# R. w4 F8 yD、Contra asset, debit
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第3题,The inventory method that assigns the most recent costs to cost of good sold is
- H. f4 u& d- @1 X& eA、FIFO
, q4 K, O8 B7 ^- }3 ~B、LIFO
4 S0 x: R/ s' a) RC、average
( l7 p! R* u( u5 b7 [1 ED、specific identification
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+ M, K! j5 {% ^* x第4题,Which of the following should not be considered cash by an accountant?
A、coins
B、bank checking accounts
  f( G, U7 S8 s! ?" j% Y4 AC、postage stamps
; V( T' M0 {4 \1 {$ P7 MD、Petty cash funds
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第5题,The accounting equation may be expressed as（  ）
! N( Y& Z$ T9 ]) r0 DA、Assets = Equities - Liabilities
B、Assets + Liabilities = Owner's Equity
C、Assets = Revenues less Liabilities
D、Assets - Liabilities = Owner's Equity
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# M/ {5 V& }" s2 c" g第6题,For accounting purposes, the business entity should be considered separate from its owners if the entity is（  ）
A、a corporation
7 ~! X2 X  Q: L7 WB、a proprietorship
. e5 i. B3 @3 ^( ]" F5 ]C、a partnership
D、all of the above



第7题,Accumulated Depreciation (  )
( f9 M- e4 B8 yA、is used to show the amount of cost expiration of intangibles
" W& y/ N+ @' c. w+ P/ m5 KB、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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第8题,The primary purpose of a stock split is to （  ）
7 n4 T/ m' z3 T, S- z; P  u7 BA、increase paid-in capital
B、reduce the market price of the stock per share
C、increase the market price of the stock per share
8 `! O, K+ O9 R+ P* o/ QD、increase retained earnings

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2 J1 }5 Y& k* k. \% r' i& a0 Y" o第9题,On the balance sheet, the amount shown for the Allowance for Doubtful Accounts is equal to the （  ）
/ T# B0 ]4 ~& c) V6 _2 dA、Uncollectible accounts expense for the year
4 X6 i4 e5 i% ^" V- l4 N' RB、total of the accounts receivables written-off during the year
C、total estimated uncollectible accounts as of the end of the year
D、sum of all accounts that are past due.
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6 J1 W0 F; B4 o" @2 c$ _3 I1 R第10题,Which of the items below is not a business organization form?（   ）
A、entrepreneurship
B、proprietorship
C、partnership
D、corporation



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?
9 J, b3 z7 N6 V  G* v/ C  a/ IA、net income is understated
) i( ?0 V9 Z* T' N  w' y4 kB、net income is overstated
/ s6 x2 G8 Y) d/ s/ [  GC、cost of merchandise sold is understated
D、merchandise inventory reported on the balance sheet is overstated

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第12题,How is treasury stock shown on the balance sheet?
A、as an asset
* J, a1 ?  E# GB、as a decrease in stockholders' equity
4 A, d7 Y3 P" S2 q0 Z4 p  `C、as an increase in stockholders' equity
D、treasury stock is not shown on the balance sheet



$ E: z2 I: U/ E! @; W第13题,A capital expenditure results in a debit to （  ）
A、an expense account
4 z# E! }' j3 N& A3 W  h1 uB、a capital account
C、a liability account
D、an asset account
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) \9 z4 ]) {5 F* e3 \第14题,Expenses are reported on the（   ）
6 I. M7 i/ K! E+ V7 M7 ?" F1 T0 @A、income statement
B、statement of owner's equity
% X& B& Q' \- D7 A( ~! LC、statement of cash flows
D、balance sheet

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$ @% m- }9 U4 s* _0 l& g第15题,A characteristic of a fixed asset is that it is （  ）
A、intangible
B、used in the operations of a business
C、held for sale in the ordinary course of the business
6 r& `* B; u( RD、none of the above
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第16题,The term "inventory" indicates （  ）
# E& l( I# e! mA、merchandise held for sale in the normal course of business
! y) t6 Y: s' k* M' f2 w: F; RB、materials in the process of production or held for production
C、supplies
8 b; c- v! U# G% j8 L% PD、both A and B
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9 ?" C3 L9 Y2 ]+ _8 R5 _$ W& d) L第17题,Sinking Fund Cash would be classified on the balance sheet as （  ）
A、a current asset
3 N. T; a, g3 h+ |B、a fixed asset
1 \$ h6 V* p; e1 fC、an intangible asset
D、an investment

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+ c' {$ _& |! G; W( ]第18题,Current liabilities are（  ）
A、due, but not receivable for more than one year
  Z) M3 ~1 {5 K2 [! r2 |B、due, but not payable for more than one year
8 F# w% J( [; B9 U  kC、due and receivable within one year
D、due and payable within one year
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第19题,Stockholders' equity （  ）
. o: ^$ Y3 d' F. V* PA、is usually equal to cash on hand
B、includes paid-in capital and liabilities
& V7 z5 u# @! U- M# @3 yC、includes retained earnings and paid-in capital
D、is shown on the income statement
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第20题,Cash dividends are usually not paid on which of the following?
A、class B common stock
B、preferred stock
$ \) L6 g0 {' M$ P; a4 WC、treasury stock
/ o" R7 M$ T# N8 Q( aD、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.
% V0 j0 m# D$ a# |A、错误
, D7 P  c+ {5 t# a) F) WB、正确

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; z+ Z1 @4 S+ Z4 D6 _第22题,Horizontal analysis is used to compare the financial statements of the same company for different periods.
& J& n8 ?$ X% j' t) VA、错误
B、正确


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第23题,The balance of the allowance for doubtful accounts is added to accounts receivable on the balance sheet.
A、错误
9 R& r6 e5 H* {9 I8 GB、正确
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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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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.
7 N" q- m! F8 Y0 I3 Y3 ZA、错误
0 T" P  j. b1 N. RB、正确



7 t6 i5 P7 U# e0 V: A! E第26题,The increase side of all accounts is the normal balance.
+ D9 s  Z6 Y( Q; ^5 xA、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
& v: H6 x. }1 ^! {: N2 ^. uB、正确
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第28题,An account receivable is a claim against a customer arising from a sale on account.
7 n' q: T, W/ e& \A、错误
% O9 g& m5 e6 W' K; rB、正确
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第29题,Consuming goods and services in the process of generating revenues results in expenses.
7 H8 {7 h0 r2 n$ N, }4 MA、错误
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.
: d  h! ?& d/ A* V* V& N  j6 P8 t* pA、错误
B、正确
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7 H! {5 r5 ^# k2 G+ ^第31题,The declining-balance method is an accelerated depreciation method.
A、错误
+ {3 X" i+ ]! `/ k. YB、正确
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第32题,If ending inventory for the year is understated, net income for the year is overstated.
A、错误
2 Q$ x" A8 O5 v( [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.
/ M" k& U/ H9 P; c! R  l4 T7 \A、错误
B、正确



第34题,When using the FIFO inventory costing method, the most recent costs are assigned to the cost of goods sold.
. U; A" l# }0 x% qA、错误
* `& o" t  e% uB、正确
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* E# ]$ Q& L' C% ^; B7 f第35题,Accounting Process is identifying, measuring, recording, and communicating economic information to permit informed judgments and decisions by users of information.
$ Z3 l4 \' Y+ `A、错误
B、正确


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第36题,A corporation is a business that is legally separate and distinct from its owners.
A、错误
+ q7 ^* S% y7 M6 N4 w% MB、正确

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第37题,Treasury Stock is listed in the stockholders' equity section on the balance sheet.
; o6 Y; q0 m3 w! WA、错误
B、正确

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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.
5 N$ _: M" ]8 q/ _5 Q  k$ I* W" cA、错误
B、正确

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1 s) A7 p, O2 u5 a第39题,An income statement is a summary of the revenues and expenses of a business as of a specific date.
A、错误
4 M1 P" j4 w3 t! i  i1 eB、正确
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第40题,The accrual basis of accounting requires revenue be recorded when cash is received from customers.
A、错误
7 i1 |6 c) `* j9 v! eB、正确
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第41题,The amortization of a premium on bonds payable decreases bond interest expense.
  c/ V0 |/ J/ H$ BA、错误
# u" a1 a: Y& z$ G; `- r- _' tB、正确

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, {+ i# ^& ~: S( y" c0 m; U" l第42题,All property, plant, and equipment assets are depreciated over time.
A、错误
) \; |3 L7 W# D  g; q* u! N' sB、正确

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: a. J. L' g/ F. U3 ^0 B! ]第43题,Dividends in arrears are liabilities of the corporation.
9 n  L/ ]# r( yA、错误
' }/ W8 _* G* F; B- `B、正确

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第44题,The matching concept requires expenses be recorded in the same period that the related revenue is recorded.
A、错误
! Q6 P( D" j$ f4 q% `% CB、正确
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) z0 n$ W! Z% q1 {0 y9 R: x第45题,The normal balance of the accumulated depreciation account is debit.
A、错误
1 \/ J$ p# |) s# e( Z9 uB、正确
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1 m6 G( n' z3 n+ _9 J; F第46题,The double-entry accounting system records each transaction twice.
A、错误
B、正确



* j. _1 o5 D: K4 Z% N. v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.
: v# M5 I* ]" o3 @* P. AA、错误
B、正确
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! {/ n- `4 B0 G& `. k第48题,Temporary investments are reported on the balance sheet at cost.
A、错误
; l6 u9 q* y) m+ P+ ?; G- v% X4 CB、正确
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0 @* N3 M8 E7 I3 W& E第49题,Paying an account payable increases liabilities and decreases assets
A、错误
4 m( o1 _7 P' RB、正确

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  W; W1 a9 B& [! p, i  V9 {# c/ b& S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.
- Y& Q% p. q* u! a) w6 z0 [8 U6 V( \A、错误
B、正确

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