[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
! {. n* n+ |- s" h" I4 E, Q0 I5 d试卷总分:100    得分:100
6 a  M3 I. L( ?6 j! z3 |* t第1题,The measurement bases exclude(  )
A、Historical cost
* c/ @/ T  A# E1 P* a, U' `, XB、Current cost
6 k5 O# K: d% _: ?C、Sale price
D、Present value
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) T7 c9 ~' P+ _, g第2题,What is the type of account and normal balance of Allowance for Doubtful Accounts?
/ ?. P9 j  y3 d% n" b3 xA、Contra asset, credit
B、Asset, debit
* Z! o: `- \" L+ l- L- p7 _8 qC、Asset, credit
7 `  v+ s$ b  X, c1 \# o( kD、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
A、FIFO
" b: Z% T9 R$ JB、LIFO
0 n% g4 `+ K/ k) ^3 tC、average
5 W0 D7 t/ ?" V" I3 xD、specific identification

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8 n2 W* y; z  b/ s) E& @) ?第4题,Which of the following should not be considered cash by an accountant?
A、coins
) K& X* ?" ^4 F7 R2 A8 g  T) wB、bank checking accounts
C、postage stamps
D、Petty cash funds
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第5题,The accounting equation may be expressed as（  ）
- R7 U( n/ V. h- dA、Assets = Equities - Liabilities
B、Assets + Liabilities = Owner's Equity
C、Assets = Revenues less Liabilities
8 d" u$ \. t3 z: T7 Y( z$ K' J" `D、Assets - Liabilities = Owner's Equity
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0 j1 T! M4 [+ `第6题,For accounting purposes, the business entity should be considered separate from its owners if the entity is（  ）
A、a corporation
3 J* n6 F' u3 ?" T6 g' W: c$ mB、a proprietorship
( X: o8 U$ i  r. qC、a partnership
D、all of the above

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第7题,Accumulated Depreciation (  )
" g$ `! R* H( _/ H* tA、is used to show the amount of cost expiration of intangibles
B、is the same as Depreciation Expense
* y- u$ o. U" F. x* t0 B* v4 kC、is a contra asset account
D、is used to show the amount of cost expiration of natural resources
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) I3 }, S- N. {' [$ H" m0 r& L5 g第8题,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
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第9题,On the balance sheet, the amount shown for the Allowance for Doubtful Accounts is equal to the （  ）
9 |+ W; B6 ~# ~/ I; K! ~. ?A、Uncollectible accounts expense for the year
( K) l8 [/ P  M3 X1 TB、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.



第10题,Which of the items below is not a business organization form?（   ）
A、entrepreneurship
8 b1 a& }2 m$ W, N# x. J, l: j9 n7 t2 uB、proprietorship
C、partnership
4 D. X) ]  o; k5 ]# TD、corporation
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# b& I/ Z/ ~, S% e# p* M1 W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?
A、net income is understated
B、net income is overstated
C、cost of merchandise sold is understated
; e7 O5 E6 s8 Z" yD、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?
5 q. t) P# ^0 D2 O6 R4 O' QA、as an asset
& O$ J! b/ s+ N& Z9 z7 u1 E; f$ T' }B、as a decrease in stockholders' equity
C、as an increase in stockholders' equity
D、treasury stock is not shown on the balance sheet
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第13题,A capital expenditure results in a debit to （  ）
A、an expense account
0 ^* W3 a! p9 z. [" {B、a capital account
% u/ ^( V$ ]1 ]+ H1 M: SC、a liability account
; ~! ~/ Y3 ]  W# @' jD、an asset account

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$ i- c& z, V6 v/ p1 Q. J3 J1 o: `! K第14题,Expenses are reported on the（   ）
; m* m' Z1 {7 Q. u( @4 GA、income statement
7 `' V8 l  X) K" A/ c4 R3 _B、statement of owner's equity
* M) Q9 `7 b: _; h# q/ hC、statement of cash flows
D、balance sheet
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; I' w; v/ S: H, ]/ {第15题,A characteristic of a fixed asset is that it is （  ）
A、intangible
: d4 W0 n2 F4 a' i+ ^B、used in the operations of a business
- U% h1 U$ k$ r$ CC、held for sale in the ordinary course of the business
D、none of the above
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  l' h2 s1 M* K% T9 d第16题,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
1 [/ Z0 ]" p; ~2 q5 `  F+ FC、supplies
D、both A and B

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* p2 Y: Y: r$ N0 w' @* {; U第17题,Sinking Fund Cash would be classified on the balance sheet as （  ）
7 X! Y1 t% ]1 |" `A、a current asset
B、a fixed asset
C、an intangible asset
& g# T7 [9 b4 `D、an investment
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5 g& ?! C; e4 q9 z' Z1 j( T第18题,Current liabilities are（  ）
% h# x2 U4 `2 L5 C) J5 Z, a, IA、due, but not receivable for more than one year
& F9 z$ M; c- Q; c0 t5 E' \& zB、due, but not payable for more than one year
C、due and receivable within one year
. P5 N* O4 |$ G0 ~/ OD、due and payable within one year

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第19题,Stockholders' equity （  ）
A、is usually equal to cash on hand
# t( z9 {) e" U& g( m4 V: p" vB、includes paid-in capital and liabilities
/ \0 m8 a( q1 d8 V$ S7 _5 TC、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?
( T4 R4 L7 u0 i3 D9 X! w/ yA、class B common stock
B、preferred stock
C、treasury stock
: A" A$ x' g) C/ Y. ]! sD、class A common stock

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( C3 c) f7 G- N- {9 C8 I第21题,Solvency analysis focuses on the ability of a business to pay its current and noncurrent liabilities.
A、错误
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
# x5 n  H0 |- f6 EB、正确



第23题,The balance of the allowance for doubtful accounts is added to accounts receivable on the balance sheet.
, W0 h+ {: G( z: M, E0 fA、错误
B、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.
A、错误
* z; ?4 b$ H3 b7 x; |. W! [B、正确

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第26题,The increase side of all accounts is the normal balance.
  ^* w6 c' y6 wA、错误
, \3 N/ K" @3 W- BB、正确

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6 z- |  `0 V. e- l) x1 Q6 b& W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.
5 E! D& ]- \7 K& x% rA、错误
8 v% L# P* V1 f) r+ |9 {6 ~B、正确



第28题,An account receivable is a claim against a customer arising from a sale on account.
5 K( |# q# N0 ]2 s9 n- |A、错误
B、正确


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第29题,Consuming goods and services in the process of generating revenues results in expenses.
A、错误
/ j6 m( U2 H, E8 F4 ~; dB、正确
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" e, v# u# y; ^, F- P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.
A、错误
B、正确



第31题,The declining-balance method is an accelerated depreciation method.
& _( Z7 D1 f$ f( {A、错误
4 j0 [0 C8 f8 iB、正确
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第32题,If ending inventory for the year is understated, net income for the year is overstated.
1 j- {* B' w) K6 d7 J) tA、错误
% D5 I: b" @6 e1 L7 MB、正确
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$ N# N! M8 D6 F+ B7 p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
* q& k% e1 y2 v3 M+ f. ZB、正确


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9 l1 K/ q9 ?: M- O0 m; ~0 S* t/ ]第34题,When using the FIFO inventory costing method, the most recent costs are assigned to the cost of goods sold.
! i# ]" B3 \: s& qA、错误
B、正确
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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



第36题,A corporation is a business that is legally separate and distinct from its owners.
- _: \. q8 O- Z# R3 Z' }A、错误
1 x& g5 c( C- ~  s( rB、正确
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8 {: w& x& A: [9 _- P- c: ^# s第37题,Treasury Stock is listed in the stockholders' equity section on the balance sheet.
A、错误
+ c2 R+ D4 J0 T8 cB、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.
/ n5 N: V1 g4 I; ~( H0 m+ mA、错误
9 r/ u, {' v/ a3 oB、正确

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第39题,An income statement is a summary of the revenues and expenses of a business as of a specific date.
/ i: f( \$ ]" Y; j# bA、错误
3 I6 B% X2 K" N; fB、正确


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# [5 X6 O( j" k' r* q# S2 L第40题,The accrual basis of accounting requires revenue be recorded when cash is received from customers.
A、错误
B、正确

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第41题,The amortization of a premium on bonds payable decreases bond interest expense.
3 |- j% s0 L; a6 x& wA、错误
" D7 g, W3 U4 m* fB、正确

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, y7 `9 @% B' a5 t第42题,All property, plant, and equipment assets are depreciated over time.
A、错误
- g7 r3 w& M- D* ]* N# c; lB、正确
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第43题,Dividends in arrears are liabilities of the corporation.
A、错误
B、正确


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! `* p  y: ?; ]+ ?2 Y% Y( [第44题,The matching concept requires expenses be recorded in the same period that the related revenue is recorded.
. |2 v- D5 f) V$ JA、错误
( N5 s. Q$ E4 ]9 u8 \& [B、正确

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6 U- j2 I( n7 \* Z7 `/ M第45题,The normal balance of the accumulated depreciation account is debit.
# Z6 r" R  I: DA、错误
B、正确

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9 S6 }  z! P; c: P5 {3 |$ I第46题,The double-entry accounting system records each transaction twice.
  `7 ^. }8 u/ ]$ n* G1 ]% XA、错误
4 x- m4 X2 I2 l* [0 t# ?" BB、正确

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  ]) h* F4 A( d6 h7 k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.
# ?8 m/ S7 A6 y7 _3 y. E( ]# F+ O3 cA、错误
/ k0 {* F. D6 fB、正确

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第48题,Temporary investments are reported on the balance sheet at cost.
A、错误
2 {1 s% `! G2 ]% T6 Q; b% a/ nB、正确

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第49题,Paying an account payable increases liabilities and decreases assets
9 c8 h2 c* C" Z. W  A1 P+ R% CA、错误
B、正确
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' S6 A5 ~- U" F# i' o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.
) {+ w. r" y- ]: M' nA、错误
B、正确
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