《會計(jì)專業(yè)英語》20春期末考核-00001

試卷總分:100  得分:70

一、單選題 (共 15 道試題,共 30 分)

1.Using accrual accounting, expenses are recorded and reported only（ ）

A.when they are incurred, whether or not cash is paid

B.when they are incurred and paid at the same time

C.if they are paid before they are incurred

D.if they are paid after they are incurred

答案:A

2.Notes may be issued ( )

A.when assets are purchased

B.to creditor's to temporarily satisfy an account payable created earlier

C.when borrowing money

D.all of the above

答案:D

3.A capital expenditure results in a debit to ( )

A.an expense account

B.a capital account

C.a liability account

D.an asset account

答案:D

4.Which of the following should not be considered cash by an accountant?

A.coins

B.bank checking accounts

C.postage stamps

D.Petty cash funds

5.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

6.The excess of issue price over par of common stock is termed a(n) （ ）

A.discount

B.income

C.deficit

D.premium

7.All of the following below are needed for the calculation of depreciation except( )

A.cost

B.residual value

C.estimated life

D.book value

8.In the accounting cycle, the last step is（ ）

A.preparing the financial statements

B.journalizing and posting the adjusting entries

C.preparing a post-closing trial balance

D.journalizing and posting the closing entries

9.Stockholders' equity （ ）

A.is usually equal to cash on hand

B.includes paid-in capital and liabilities

C.includes retained earnings and paid-in capital

D.is shown on the income statement

10.Financial reports are used by（ ）

A.management

B.creditors

C.investors

D.all of the above

11.Which of the following financial statements reports information as of a specific date?

A.income statement

B.statement of owner's equity

C.statement of cash flows

D.balance sheet

12.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

13.The two methods of accounting for investments in stock are the cost method and the （ ）

A.straight-line method

B.equity method

C.liability method

D.interest method

14.Expenses are reported on the( )

A.income statement

B.statement of owner's equity

C.statement of cash flows

D.balance sheet

15.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

二、多選題 (共 10 道試題,共 20 分)

16.Current liabilities include( )

A.accounts payable

B.short-term notes payable

C.wages payable

D.taxes payable

E.bonds payable

17.Which of the following should be considered cash by an accountant?

A.coins

B.bank checking accounts

C.postage stamps

D.Petty cash funds

E.IOU（I owe you)

18.Trade Discounts ( )

A.reductions from the list price

B.not recognized in the accounting records

C.customers are billed net of discounts

D.gross method vs. net method

E.same as cash discount

19.Accrual Basis of Accounting ( )

A.revenue reported when earned

B.revenue reported when cash is received

C.expense reported when incurred

D.properly matches revenues and expenses in determining net income

E.requires adjusting entries at end of period

20.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.fixed assets

E.patents

21.Accruals fall into two categories, they are ( )

A.prepaid expense

B.unearned revenue

C.accrued expenses

D.accrued revenues

E.deferred revenue

22.Merchandise inventory at the end of the year is overstated. Which of the following statements correctly states the effect of the error?

A.cost of merchandise sold is overstated

B.owner's equity is overstated

C.net income is understated

D.gross profit is understated

E.net income is overstated

23.Notes may be issued ( )

A.when fixed assets are purchased

B.to creditor's to temporarily satisfy an account payable created earlier

C.when available-for-sale securities are sold

D.when borrowing money

E.pay cash dividends

24.Current assets include( )

A.intangible assets

B.cash

C.receivables

D.short-term investments

E.inventories

F.property, plant and equipment

25.The primary purpose of a stock split include ( )

A.increase paid-in capital

B.reduce the market price of the stock per share

C.reduce earnings per share

D.to increase the number of shares outstanding

E.increase the market activity of the shares

三、判斷題 (共 10 道試題,共 20 分)

26.The double-entry accounting system records each transaction twice.

27.In establishing a petty cash fund, a check is written for the amount of the fund and is recorded as a debit to Accounts Payable and a credit to Petty Cash.

28.If the bondholder has the right to exchange a bond for shares of common stock, the bond is called a convertible bond.

29.Investments in stocks that are expected to be held for the long term are listed in the stockholder's equity section of the balance sheet.

30.An income statement is a summary of the revenues and expenses of a business as of a specific date.

31.When a stock dividend is declared, it becomes a liability

32.Intangible assets differ from property, plant and equipment assets in that they lack physical substance.

33.The difference between Accounts Receivable and its contra asset account is called net realizable value.

34.Allowance for Doubtful Accounts is a liability account.

35.The allowance for doubtful accounts is similar to accumulated depreciation in that the account represents the total of all accounts written-off since the beginning year.

四、問答題 (共 3 道試題,共 15 分)

36.漢譯英：

（1）股票股利

（2）銀行余額調(diào)節(jié)表

37.英譯漢

（5）Double-entry system

（6）Quick Ratio

38.漢譯英：

（5）應(yīng)計(jì)制會計(jì)

（6）縱向分析

五、簡答題 (共 3 道試題,共 15 分)

39.Describe the major rights that accompany ownership of a share of stock. 

40.Explain the meaning of:(a) the objectivity concept and (b) the unit of measure concept 

41.What is the double-entry system?