[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
第1题,The measurement bases exclude(  )
A、Historical cost
B、Current cost
8 c( ^- a& Q1 x  b# t! i8 TC、Sale price
D、Present value

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第2题,What is the type of account and normal balance of Allowance for Doubtful Accounts?
A、Contra asset, credit
B、Asset, debit
1 I2 n" U: j- e- V( f1 F; KC、Asset, credit
6 [0 F- [+ Q' D- [D、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
2 l3 v, t2 O& N) T# HB、LIFO
$ s; |2 {! q8 b2 |4 p& fC、average
8 w. S9 }! v' I7 I/ oD、specific identification



第4题,Which of the following should not be considered cash by an accountant?
A、coins
' w/ f. W  |% ~" ~B、bank checking accounts
C、postage stamps
* M/ P9 t0 O6 ~1 d+ ~D、Petty cash funds
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; f  @( b0 a& U& e  i& y1 @4 ^) J9 Z  i+ O第5题,The accounting equation may be expressed as（  ）
- }1 H8 B5 b3 t, A, G1 |0 v, TA、Assets = Equities - Liabilities
B、Assets + Liabilities = Owner's Equity
C、Assets = Revenues less Liabilities
% v( y5 k- u0 Y5 T7 LD、Assets - Liabilities = Owner's Equity
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第6题,For accounting purposes, the business entity should be considered separate from its owners if the entity is（  ）
A、a corporation
B、a proprietorship
1 w- L2 _9 F! m$ u" U, z( C6 [0 LC、a partnership
D、all of the above
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, t( v6 x! D6 W% H" \5 l( W第7题,Accumulated Depreciation (  )
A、is used to show the amount of cost expiration of intangibles
B、is the same as Depreciation Expense
4 r1 }1 ]2 e9 N. \' N1 I& TC、is a contra asset account
D、is used to show the amount of cost expiration of natural resources
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/ V/ g( t% O' o* l7 q, F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
4 E; \' I% B, ZC、increase the market price of the stock per share
; t; T" |3 s" r: L9 E8 P- `& C! eD、increase retained earnings
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: T; G  L0 R* `! B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
B、total of the accounts receivables written-off during the year
: S1 i- j2 t9 [7 yC、total estimated uncollectible accounts as of the end of the year
* l4 P: r& H9 N3 y- zD、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、proprietorship
8 h4 t; e, J1 c8 w; I6 K5 iC、partnership
D、corporation
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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?
4 M7 ^3 x$ l* w$ c# O1 WA、net income is understated
. {* q7 t; {2 f4 ^$ A! l! j1 bB、net income is overstated
/ H" q, y0 ?$ t# _. bC、cost of merchandise sold is understated
D、merchandise inventory reported on the balance sheet is overstated



第12题,How is treasury stock shown on the balance sheet?
A、as an asset
! G3 h3 D+ V. B: G4 [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
* p# a0 D2 ~# RB、a capital account
4 A& w1 [- [9 \$ ?  Y( O/ ~  A1 t  ^# tC、a liability account
' @4 ?2 ]+ n, y) `1 BD、an asset account

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# G1 Z* g% ~9 n. @* c第14题,Expenses are reported on the（   ）
A、income statement
' n6 M9 P- N. R( V( l3 IB、statement of owner's equity
C、statement of cash flows
" o. ^. t5 _& P3 yD、balance sheet
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6 Q' u  z  ]8 E第15题,A characteristic of a fixed asset is that it is （  ）
A、intangible
B、used in the operations of a business
5 f% _1 d" D7 GC、held for sale in the ordinary course of the business
$ r1 R5 j& Y! }+ }0 h2 V8 F# QD、none of the above
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5 O% g7 I" \, O# j# x第16题,The term "inventory" indicates （  ）
; X, ^9 N/ l6 }2 l$ F3 ZA、merchandise held for sale in the normal course of business
B、materials in the process of production or held for production
+ X" R* v) y5 c7 U( f& kC、supplies
D、both A and B
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. v- c- q1 T+ ]+ \( q第17题,Sinking Fund Cash would be classified on the balance sheet as （  ）
A、a current asset
B、a fixed asset
; \) j2 p+ }5 i% ^4 FC、an intangible asset
7 O3 A; y6 Y3 s4 JD、an investment
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! c& S( h8 q6 G8 i第18题,Current liabilities are（  ）
# n/ C0 f& m1 x* W/ b% C! N& ?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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第19题,Stockholders' equity （  ）
A、is usually equal to cash on hand
- d3 Z3 s5 ~- S" b8 ^# \6 MB、includes paid-in capital and liabilities
+ I6 r+ N) F6 q( ]8 s; ~+ f, _C、includes retained earnings and paid-in capital
D、is shown on the income statement
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8 ?0 J+ Q5 {5 q1 ]第20题,Cash dividends are usually not paid on which of the following?
A、class B common stock
B、preferred stock
/ ]7 ?6 R5 m& I/ H8 A3 wC、treasury stock
D、class A common stock


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' Y0 i; k) ^; r8 K% k6 z9 r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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" y+ ?- D( [+ x$ }第22题,Horizontal analysis is used to compare the financial statements of the same company for different periods.
, l4 ]1 [$ ~7 @5 j3 tA、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.
0 e0 c- X2 v+ X5 i/ q) [& ?. cA、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
  z( l, p4 L5 `# Z. B' uB、正确



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
B、正确
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第26题,The increase side of all accounts is the normal balance.
A、错误
B、正确
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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
) K9 p; L( z6 {/ b7 f3 @6 tB、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
- I4 |, n3 w8 ^8 [$ }0 x2 eB、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
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.
A、错误
, k3 z/ ^3 p% @6 U+ U7 C, jB、正确
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3 T3 A! r% k* W) R# z  X1 e/ Q第31题,The declining-balance method is an accelerated depreciation method.
  Q! N1 w! q, \  c( v3 Y' L* MA、错误
B、正确



第32题,If ending inventory for the year is understated, net income for the year is overstated.
A、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.
) P0 t8 A& s+ d5 \A、错误
8 |9 e( _' |0 O1 c4 G+ eB、正确

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第34题,When using the FIFO inventory costing method, the most recent costs are assigned to the cost of goods sold.
A、错误
9 H5 v- ~( _6 O4 I1 n! F" WB、正确


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3 _8 A* F2 D4 ^. B$ D第35题,Accounting Process is identifying, measuring, recording, and communicating economic information to permit informed judgments and decisions by users of information.
' y5 X- B4 t1 S9 n; t( ^; }- ~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.
8 T' D* u0 k' Y, p' L% s3 M  s2 wA、错误
B、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
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.
A、错误
B、正确
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- a( ~0 I! ^- j; y第39题,An income statement is a summary of the revenues and expenses of a business as of a specific date.
) Y$ R) X( L# y4 qA、错误
; X5 `/ ]0 |9 _( g1 qB、正确
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9 m1 I, l8 C6 K* c5 ~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.
A、错误
B、正确
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第42题,All property, plant, and equipment assets are depreciated over time.
A、错误
B、正确

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第43题,Dividends in arrears are liabilities of the corporation.
A、错误
, P  S& c" M3 i9 k2 pB、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.
/ \5 \: `: ]8 @+ ~# m8 [A、错误
- H) @( x, b& F0 qB、正确



5 ]+ N$ D, M  t; ?第45题,The normal balance of the accumulated depreciation account is debit.
A、错误
+ E9 @" B* |- }. MB、正确
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第46题,The double-entry accounting system records each transaction twice.
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.
. N, x0 p9 d; S  S+ H3 Z& VA、错误
B、正确
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$ p. |" f: }  [. b第48题,Temporary investments are reported on the balance sheet at cost.
A、错误
2 x3 ?, Z0 I8 R: PB、正确
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第49题,Paying an account payable increases liabilities and decreases assets
A、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.
9 F4 s8 b9 i, h3 m* wA、错误
B、正确

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