20春學(xué)期（1709、1803、1809、1903、1909、2003）《會(huì)計(jì)專業(yè)英語》在線作業(yè)
試卷總分:100    得分:100
第1題,The two most common specialized fields of accounting in practice are(  )
A、forensic accounting and financial accounting
B、managerial accounting and financial accounting
C、managerial accounting and environmental accounting
D、financial accounting and tax accounting systems
正確答案:


第2題,Cash equivalents（  ）
A、are illegal in some company
B、will be converted to cash within two years
C、will be converted to cash within 90 days
D、will be converted to cash within 120 days
正確答案:


第3題,Which statement below is not a reason for a corporation to buy back its own stock (   )
A、resale to employees
B、bonus to employees
C、for supporting the market price of the stock
D、to increase the shares outstanding
正確答案:


第4題,Which statement below is not a reason for a corporation to buy back its own stock.
A、resale to employees
B、bonus to employees
C、for supporting the market price of the stock
D、to increase the shares outstanding
正確答案:


第5題,Using a perpetual inventory system, the entry to record the return from a customer of merchandise sold on account includes a
A、credit to Sales Returns and Allowances
B、debit to Merchandise Inventory
C、credit to Merchandise Inventory
D、debit to Cost of Merchandise Sold
正確答案:


第6題,The most widely used depreciation method is
A、straight-line
B、sum-of-the-years-digits
C、declining-balance
D、units-of-production
正確答案:


第7題,The cost method of accounting for stock(  )
A、recognizes dividends as income
B、is only appropriate as part of a consolidation
C、requires the investment be increased by the reported net income of the investee
D、requires the investment be decreased by the reported net income of the investee
正確答案:


第8題,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
C、supplies
D、both A and B
正確答案:


第9題,The accounting equation may be expressed as（  ）
A、Assets = Equities - Liabilities
B、Assets + Liabilities = Owner's Equity
C、Assets = Revenues less Liabilities
D、Assets - Liabilities = Owner's Equity
正確答案:


第10題,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
C、total estimated uncollectible accounts as of the end of the year
D、sum of all accounts that are past due.
正確答案:


第11題,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
D、merchandise inventory reported on the balance sheet is overstated
正確答案:


第12題,Which of the following groups are considered to be internal users of accounting information?
A、Employees and customers
B、Customers and vendors
C、Employees and managers
D、Government and banks
正確答案:


第13題,Cash equivalents(  )
A、are illegal in some company
B、will be converted to cash within two years
C、will be converted to cash within 90 days
D、will be converted to cash within 120 days
正確答案:


第14題,The percentage analysis of increases and decreases in individual items in comparative financial statements is called ( )
A、vertical analysis
B、solvency analysis
C、profitability analysis
D、horizontal analysis
正確答案:


第15題,If the maker of a promissory note fails to pay the note on the due date, the note is said to be(  )
A、displaced
B、disallowed
C、dishonored
D、dishonored
正確答案:


第16題,The method of accounting for investments in equity securities in which the investor records its share of periodic net income of the investee is the (  )
A、cost method
B、market method
C、income method
D、equity method
正確答案:


第17題,A bank reconciliation should be prepared periodically because (  )
A、the depositor's records and the bank's records are in agreement
B、the bank has not recorded all of its transactions
C、any differences between the depositor's records and the bank's records should be determined, and any errors made by either party should be discovered and corrected
D、the bank must make sure that its records are correct
正確答案:


第18題,Which of the following entries records the acquisition of office supplies on account?
A、Office Supplies, debit; Cash, credit
B、Cash, debit; Office Supplies, credit
C、Office Supplies, debit; Accounts Payable, credit
D、Accounts Receivable, debit; Office Supplies, credit
正確答案:


第19題,The ability of a business to pay its debts as they come due and to earn a reasonable amount of income is referred to as （  ）
A、solvency and leverage
B、solvency and profitability
C、solvency and liquidity
D、solvency and equity
正確答案:


第20題,Low Company owns 40% of the voting stock of High Corporation and uses the equity method in recording this investment.  High Corporation reported a $10,000 net loss.  Low Corporation's entry would include a (  )
A、Debit to the investment account for $10,000
B、Debit to the investment account for $4,000
C、Credit to the investment account for $4,000
D、Debit to a loss account for $4,000
正確答案:


第21題,Available-for-sale securities are securities that management expects to sell in the future, but are not actively traded for profit.
T、對
F、錯(cuò)
正確答案:


第22題,The relationship of each asset item as a percent of total assets is an example of vertical analysis.
T、對
F、錯(cuò)
正確答案:


第23題,Merchandise that is returned to the vendor is referred to as a sales allowance.
T、對
F、錯(cuò)
正確答案:


第24題,Purchasing supplies on account increases liabilities and decreases equity.
T、對
F、錯(cuò)
正確答案:


第25題,Capital expenditures are costs that are charged to Stockholders' Equity accounts.
T、對
F、錯(cuò)
正確答案:


第26題,If ending inventory for the year is overstated, owner's equity reported on the balance sheet at the end of the year is understated.
T、對
F、錯(cuò)
正確答案:


第27題,Merchandising businesses sell products that they purchase from other businesses to customers.
A、錯(cuò)誤
B、正確
正確答案:


第28題,Even when a trial balance is in balance, there may be errors in the individual accounts.
A、錯(cuò)誤
B、正確
正確答案:


第29題,The day on which the board of directors of the corporation distributes a dividend is called the declaration date.
T、對
F、錯(cuò)
正確答案:


第30題,Revenue is earned only when money is received.
T、對
F、錯(cuò)
正確答案:


第31題,The effect of a sales return and allowance is a reduction in sales revenue and a decrease in cash or accounts receivable.
A、錯(cuò)誤
B、正確
正確答案:


第32題,Paying an account payable increases liabilities and decreases assets
A、錯(cuò)誤
B、正確
正確答案:


第33題,The two main sources of stockholders' equity are investments contributed by stockholders and net income retained in the business.
T、對
F、錯(cuò)
正確答案:


第34題,When common stock is issued in exchange for land, the land should be recorded in the accounts at the par amount of the stock issued.
T、對
F、錯(cuò)
正確答案:


第35題,When using the FIFO inventory costing method, the most recent costs are assigned to the cost of goods sold.
T、對
F、錯(cuò)
正確答案:


第36題,Treasury Stock is listed in the stockholders' equity section on the balance sheet.
A、錯(cuò)誤
B、正確
正確答案:


第37題,The main reason that the bank statement cash balance and the depositor's cash balance do not initially balance is due to timing differences.
T、對
F、錯(cuò)
正確答案:


第38題,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.
T、對
F、錯(cuò)
正確答案:


第39題,If the bondholder has the right to exchange a bond for shares of common stock, the bond is called a convertible bond.
A、錯(cuò)誤
B、正確
正確答案:


第40題,Recognition is the process of incorporating in the balance sheet or income statement an item that meet the definition of an element and satisfies the recognition criteria.
A、錯(cuò)誤
B、正確
正確答案:


第41題,Sales Discounts is a revenue account with a credit balance.
A、錯(cuò)誤
B、正確
正確答案:


第42題,The units of production depreciation method matches expenses against revenue the best.
T、對
F、錯(cuò)
正確答案:


第43題,If the proceeds from the sale of bond investments exceeds the carrying amount of the bonds, a gain is realized.
T、對
F、錯(cuò)
正確答案:


第44題,The matching concept requires expenses be recorded in the same period that the related revenue is recorded.
T、對
F、錯(cuò)
正確答案:


第45題,A large retained earnings account means that there is cash available to pay dividends.
T、對
F、錯(cuò)
正確答案:


第46題,If the liabilities owed by a business total $500,000, then the assets also total $500,000.
A、錯(cuò)誤
B、正確
正確答案:


第47題,The amortization of a premium on bonds payable decreases bond interest expense.
A、錯(cuò)誤
B、正確
正確答案:


第48題,Accounting is a service that provides many different users with financial information to make economic decisions.
A、錯(cuò)誤
B、正確
正確答案:


第49題,Intangible assets differ from property, plant and equipment assets in that they lack physical substance.
A、錯(cuò)誤
B、正確
正確答案:


第50題,The declaration and issuance of a stock dividend does not affect the total amount of a corporation's assets, liabilities, or stockholders' equity.
T、對
F、錯(cuò)
正確答案: