《会计专业英语》模拟题（开卷）（补）
1．Complete the translation between Chinese and English:
（1）salvage value
（2）depreciation
（3）ratio analysis
（4）所有者权益
（5）fiscal year
（6）uncollectible accounts
（7）double entry system
（8）petty cash
（9）流动资产
（10）gross profit
（11）first in first out
（12）资产负债表
（13）common-size analysis
（14）corporations
（15）经济业务
（16）short-term debt-paying ability
2．Label the following accounts as asset (A), liability (L), owner’s equity (OE), revenues (R) or expense (E)
（1）Office Supplies
（2）Professional Fees
（3）Prepaid Insurance
（4）Salary expense
（5）Accounts Payable
（6）Service Income
（7）R. L. Osborn, Capital
（8）Rent Expense
（9）Accounts Receivable
（10）Notes payable
3. Answer the question related to the topic of the conversation
W h y I s n’t T h e A c c o u n t i n g A M i r r o r o f W h a t H a p p e n e d?
J o h n:L e a n n e,c a n y o u e x p l a i n w h a t’s g o i n g o n h e r e w i t h t h e s e m o n t h l y s t a t e m e n t s?
L e a n n e:S u r e,J o h n.H o w c a n I h e l p y o u?
J o h n:I d o n’t u n d e r s t a n d t h i s l a s t–i n,f i r s t–o u t i n v e n t o r y p r o c e d u r e.I t j u s t d o e s n’t m a k e s e n s e.
L e a n n e:W e l l,w h a t i t m e a n s i s t h a t w e a s s u m e t h a t t h e l a s t g o o d s w e r e c e i v e a r e t h e f i r s t o n e s s o l d.S o t h e i n v e n t o r y i s m a d e u p o f t h e i t e m s w e p u r c h a s e d f i r s t.
John: Yes, but that’s my problem. It doesn’t work that way! We always distr ibute the oldest produce first. So me of that produce is perishable! We can’t keep any of it very long or
it’ll spoil.
L e a n n e:J o h n,y o u d o n’t u n d e r s t a n d.W e o n l y a s s u m e t h a t t h e p r o d u c t s w e d i s t r i b u t e a r e t h e l a s t o n e s r e c e i v e d.W e d o n’t a c t u a l l y h a v e t o d i s t r i b u t e t h e g o o d s i n t h i s w a y.
J o h n:I a l w a y s t h o u g h t t h a t a c c o u n t i n g w a s s u p p o s e d t o s h o w w h a t r e a l l y h a p p e n e d.I t a l l s o u n d s l i k e“m a k e b e l i e v e”t o m e!W h y n o t r e p o r t w h a t r e a l l y h a p p e n s?
Q u e s t i o n:
H o w w o u l d y o u r e s p o n d t o J o h n i f y o u w e r e L e a n n e?
4. Casey Electronics’ ending inventor y consists of 182 Model M43 CD players acquired through various purchases, as follows:
Specific Purchase Number of Units Cost per Unit Total Cost
B e g i n n i n g i n v e n t o r y34$270$9180
First purchase 60 282 16,920
Second purchase 256 298 76,288
Third purchase 164 312 51,168Total units available 514 $153,556
Of the 514 units available for sale, 182 units are still on hand and 332 have been sold.
Under the periodic inventory system, If Casey Electronics chooses LIFO method, how should it calculate the cost of the 182 CD players on hand?
5. You are given the following balance sheet and income statement for 2002 and 2003:
Table A Balance Sheet for 2002 and 2003
(all values in thousands of dollars)
2002 2003 _______________________________________________________________ Assets
Cash 200 300
Marketable securities 300 200
Receivables. 800 1,000
Inventory 1,200 1,000
Fixed assets 3,300 3,700
Total assets. 5,800 6,200
Liabilities and common equity
Accounts payable 300 200
Notes payable 200 300
Other current liabilities 1,000 800
Long-term debt 1,000 1,200
Common equity . 3,300 3,700
Total liabilities and common equity 5,800 6,200
Table B Income Statement for 2003
__________________________________________________
Sales $1,000,000
Operating and other costs - 700,000
EBIT . 300,000
Interest . - 100,000
Profits before taxes 200,000
Tax at 40% rate - 80,000
Profits after taxes 120,000
____________________________________________________
Calculate the following ratios for 2002:
(1)the current ratio
(2)the debt to equity ratio
(3)the quick ratio
6．Translate the followings into Chinese
There are several specialized fields of accounting in practice. The two most common are financial accounting and management accounting. Other fields include cost accounting, environmental accounting, tax accounting, international accounting, not-for-profit accounting, and social accounting.
7．Choose the best answer from A, B, C, D to complete the sentence or to answer the question:
（1）Which of these is (are) an example of an asset account? ____.
A. Service Revenue
B. Withdrawals
C. Supplies
D. All of the above
（2）Which of the following is not affected by the inventory valuation method used by a business?
_____.
A. Amounts owed for income taxes
B. Cost of merchandise sold
C. Amounts paid to acquire merchandise
D. Net income of the business
（3）Aftin Co. performs services on account, when Aftin collects the account receivable____.
A. assets increase
B. assets do not change
C. owner’s equity decreases
D. liabilities decrease
8．Casey Electronics’ ending inventory consists of 182 Model M43 CD players acquired through various purchases, as follows:
Of the 514 units available for sale, 182 units are still on hand and 332 have been sold.
Under the periodic inventory system, If Casey Electronics chooses FIFO method, how should it calculate the cost of the 182 CD players on hand?
9．On July 1, Cruz opened Cruz Auto Detail company .
During July, the following transactions were completed:
（1）Cruz invests $70,000 cash in her new business.
（2）Buys equipment costing $43,000, paying cash.
（3）Buys equipment costing $7,000 on credit from Williams Auto Supply.
（4）Pays $2,000 to Williams Auto Supply, to be applied against the firm's liability of $7,000. （5）Buys buffer pads, cleaners, and waxes on account from Rossi and Company, $800.
（6）Cash revenue received, $3,520.
（7）Pays rent for the month, $900.
（8）Pays for a one-year vehicle insurance policy, $360.
（9）Receives bill for newspaper advertising from Valley News, $400.
（10）Cruz Auto Detail signed a contract with Costello Taxi to perform detailing work and then bills Costello Taxi $1,050 for services performed.
（11）Pays $2,000 to Williams Auto Supply as part payment on account.
（12）Receives and pays bill for utilities from Midwest Power, Inc., $160.
（13）Pays Valley News for advertising, $400 in full. (This bill has been previously recorded.) （14）Pays wages of part-time employees, $1,400.
（15）Buys additional equipment costing $1,500 from Williams Auto Supply, paying $600 down with the remaining $900 on account.
（16）Receives $850 from Costello Taxi to apply on account previously billed.
（17）Cash revenue received, $2,700.
（18）Cruz withdraws cash for personal use, $3,000.
Instructions
（1）Record the transactions with “Dr.”and “Cr.”.
（2）At the end of June Company needs make adjustment as follows:
a. To record the cost of supplies used during July, $540.
b. To record the insurance expired during July, $30.
c. To record the depreciation for the month of July, $520.
d. To record accrued waged owed at the end of July, $290.
Prepare Adjusted Trail Balance on July 31.
Cruz Auto Detail
Adjusted Trail Balance
10. On July 1, N. B. Edgar opened Coin-Op Laundry. Edgar’s accountant listed the following chart of accounts:
Cash Supplies Prepaid Insurance Equipment
Furniture and Fixtures Accounts Payable
N. B. Edgar, Capital N. B. Edgar, Drawing
Laundry Revenue Wages Expense
Rent Expense Utilities Expense Miscellaneous Expense
During July, the following transactions were completed:
a.Edgar deposited $20,000 in a bank account in the name of the business.
b.Bought tables and chairs for cash, $450
c.Paid the rent for the current month, $705
d.Bought washers and dryers from Eldon Equipment, $17,400, paying $4,000 in cash and
placing the balance on account.
e.Bought laundry supplies on account from Borkal Distributors, $410.
f.Sold services for cash, $862.
g.Bought insurance for one year, $468.
h.Paid on account to Eldon Equipment, a creditor, $550.
i.Received and paid the electric bill, $118.
j.Paid on account to Borkal Distributors, a creditor, $145.
k.Sold services to customers for cash for the second half of the month, $881.
l.Received and paid the bill for the business license, $45.
m.Paid wages to an employee, $1,146.
n.Edgar withdrew cash for personal use, $875.
Instructions
Record the transactions in the T accounts.
Prepare an income statement as for July 31.
1．Complete the translation between Chinese and English:
（1）残值
（2）折旧
（3）比率分析法
（4）owner’s equity
（5）会计年度
（6）坏账
（7）复式记账
（8）备用金
（9）current assets
（10）毛利
（11）先进先出法
（12）balance sheet
（13）结构分析法
（14）集团公司
（15）transaction
（16）短期偿债能力
2．Label the following accounts as asset (A), liabilit y (L), owner’s equity (OE), revenues (R)
3. Answer the question related to the topic of the conversation
Answer in English the question related to the topic of the conversation
In inventory accounting, we need compute the amounts of cost for good sold and ending inventory. However, the inventory of some firms is sufficiently similar that the firm can’t feasibly use specific identification costs. So it must make some assumption to compute the cost of units sold and units remained in inventory, which is called cost flow assumptions, and one of them is LIFO. LIFO usually doesn’t reflect physical floes, but firms use it since in a period of rising acquisition costs. LIFO’s higher (than FIFO) cost-of-goods-sold figure reduces reported income and income taxes.
4. Casey Electronics’ ending inventory consists of 182 Model M43 CD players acquired through various purchases, as follows:
34 Units(beginning inventory) @ $270 each = $9180
. 60 Units(first purchase) @$282 each = 16920
. 88 Units(second purchase) @$298 each = 26224
182 Units $52324
5. You are given the following balance sheet and income statement for 2002 and 2003
(1) current ratio = current assets / current liabilities
= 2,500 / 1,500 = 1.67
(2) debt to equity ratio = total liabilities / total stockholders equity
= 2,500/3,300 = 75.76%
(3) quick ratio = (current assets – inventories) / current liabilities
= 1,300 / 1,500 = 0.86
6. Translate the followings into Chinese
在实务中，会计有不同的分类。最通常的是财务会计和管理会计。其他领域包括成本会计，环境会计，税务会计，国际会计，非盈利会计和社会会计。
7．Choose the best answer from A, B, C, D to complete the sentence or to answer the question:
（1）C （2）C （3）B
8．Casey Electronics’ ending inventory consists of 182 Model M43 CD players acquired through various purchases, as follows:
164 Units @ $312 each = $51168
. 18 Units @$298 each = $5364
182 Units $56532
9．On July 1, Cruz opened Cruz Auto Detail company .
(1) Record the transactions with “Dr.”and “Cr.”.
1.Cash 70,000
L.A. Cruz, Capital 70,000
2.Equipment 43,000
Cash 43,000
3.Equipment 7,000
Accounts Payable 7,000
4.Accounts Payable 2,000
Cash 2,000
5.Supplies 8,000
Accounts Payable 8,000
6.Cash 3,520
Income from Service 3,520
7.Rent Expense 900
Cash 900
8.Prepaid Insurance 360
Cash 360
9.Advertising Expense 400
Accounts Payable 400
10.Accounts Receivable 1,050
Income from Services 1,050
11.Accounts Payable 2,000
Cash 2,000
12.Utilities Expense 160
Cash 160
13.Accounts Payable 400
Cash 400
14.Wages Expense 1,400
Cash 1,400
15.Equipment 1,500
Cash 600
16.Cash 850
Accounts Receivable 850
17.Cash 2,700
Income from Service 2,700
18.L.A. Cruz, Drawing 3,000
Cash 3,000
(2)Prepare Adjusted Trail Balance on July 31.
Cruz Auto Detail
Adjusted Trail Balance
10. On July 1, N. B. Edgar opened Coin-Op Lau ndry. Edgar’s accountant listed the following chart of accounts:
Furniture Rent expense equipment
NB Company
Income statement
For month ended July 31 Revenue:
Laundry revenue $1743 Expenses:
Wages expense $1146
Rent expense 705
Utilities expense 118
Miscellaneous expense 45
Total Expenses 2014 Net loss $271
Unit 1 Financial information about a business is needed by many outsiders .These outsiders include owners, bankers, other creditors, potential investors, labor unions, government agencies ,and the public ,because all these groups have supplied money to the business or have some other interest in the business that will be served by information about its financial position and operating results. 许多企业外部的人士需要有关企业的财务信息，这些外部人员包括所有者、银行家、其他债权人、潜在投资者、工会、政府机构和公众，因为这些群体对企业投入了资金，或享有某些利益，所以必须得到企业财务状况和经营成果信息。 Unit 2 Each proprietorship, partnership, and corporation is a separate entity. 每一独资企业、合伙企业和股份公司都是一个单独的主体。 In accrual accounting, the impact of events on assets and equities is recognized on the accounting records in the time periods when services are rendered or utilized instead of when cash is received or disbursed. That is revenue is recognized as it is earned, and expenses are recognized as they are incurred –not when cash changes hands .if the cash basis accounting were used instead of the accrual basis, revenue and expense recognition would depend solely on the timing of various cash receipts and disbursements. 在权责发生制下，视服务的提供而非现金的收付在本期对资产和权益的影响作出会计记录。即，收入是在赚取时确认，费用是在发生时确认——而不是在现金转手时。如果现金收付制替代权责发生制，那么收入和费用仅仅依靠各种现金收付活动的时间确定来确认。 Unit 3 During each accounting year ,a sequence of accounting procedures called the accounting cycle is completed. 在每一会计年度内，要依次完成被称为会计循环的会计程序。 Transactions are analyzed on the basis of the business documents known as source documents and are recorded in either the general journal or the special journal, i. e . the sales journal ,the purchases journal (invoice register ) ,cash receipts journal and cash disbursements journal . 根据业务凭证即原始凭证分析各项交易，并记入普通日记账或特种日记账，也就是销货日记账，购货日记账（发票登记簿），现金收入日记账和现金支出日记账。 A trial balance is prepared from the account balance in the ledger to prove the equality of debits and credits. 根据分类账户的余额编制试算平衡表，借以验证借项和贷项是否相等。 A T-account has a left-hand side and a right-hand side, called respectively the debit side and credit side. 一个T 型账户有左方和右方，分别称做借方和贷方。 After transactions are entered ,account balance (the difference between the sum of its debits and the sum of its credits ) can be computed.
《会计专业英语》模拟试题及答案 一、单选题（每题1分，共20分） 1. Which of the following statements about accounting concepts or assumptions are correct? 1）The money measurement assumption is that items in accounts are initially measured at their historical cost. 2）In order to achieve comparability it may sometimes be necessary to override the prudence concept. 3）To facilitate comparisons between different entities it is helpful if accounting policies and changes in them are disclosed. 4）To comply with the law, the legal form of a transaction must always be reflected in financial statements. A 1 and 3 B 1 and 4 C 3 only D 2 and 3 Johnny had receivables of $5 500 at the start of 2010. During the year to 31 Dec 2010 he makes credit sales of $55 000 and receives cash of $46 500 from credit customers. What is the balance on the accounts receivables at 31 Dec 2010? $8 500 Dr $8 500 Cr $14 000 Dr $14 000 Cr Should dividends paid appear on the face of a company’s cash flow statement? Yes No Not sure Either Which of the following inventory valuation methods is likely to lead to the highest figure for closing inventory at a time when prices are dropping? Weighted Average cost First in first out (FIFO) Last in first out (LIFO) Unit cost 5. Which of following items may appear as non-current assets in a company’s the statement of financial position? (1) plant, equipment, and property (2) company car (3) €4000 cash (4) €1000 cheque A. (1), (3) B. (1), (2) C. (2), (3)
会计专业专业术语中英文对照 一、会计与会计理论 会计 accounting 决策人 Decision Maker 投资人 Investor 股东 Shareholder 债权人 Creditor 财务会计 Financial Accounting 管理会计 Management Accounting 成本会计 Cost Accounting 私业会计 Private Accounting 公众会计 Public Accounting 注册会计师 CPA Certified Public Accountant 国际会计准则委员会 IASC 美国注册会计师协会 AICPA 财务会计准则委员会 FASB 管理会计协会 IMA 美国会计学会 AAA 税务稽核署 IRS 独资企业 Proprietorship 合伙人企业 Partnership 公司 Corporation
会计目标 Accounting Objectives 会计假设 Accounting Assumptions 会计要素 Accounting Elements 会计原则 Accounting Principles 会计实务过程 Accounting Procedures 财务报表 Financial Statements 财务分析Financial Analysis 会计主体假设 Separate-entity Assumption 货币计量假设 Unit-of-measure Assumption 持续经营假设 Continuity(Going-concern) Assumption 会计分期假设 Time-period Assumption 资产 Asset 负债 Liability 业主权益 Owner's Equity 收入 Revenue 费用 Expense 收益 Income 亏损 Loss 历史成本原则 Cost Principle 收入实现原则 Revenue Principle 配比原则 Matching Principle
. 1. Accounting first is an economic calculation. Economic calculation includes both static phenomenon on the economy's stock of the situation, including the situation of the period of dynamic flow, including both pre-calculated plan, but also after the actual calculation. Accounting is a typical example of economic calculation, calculation of economic calculation in addition to accounting, which includes statistical computing and business computing. 2. Accounting is an economic information systems. It would be a company dispersed into the business activities of a group of objective data, providing the company's performance, problems, and enterprise funds, labor, ownership, income, costs, profits， debt, and other information. Clearly, the accounting is to provide financial information-based economy information systems, business is the licensing of a points, thus accounting has been called "corporate language." 3. Accounting is an economic management.The accounting is social production develops to a certain stage of the product development and production is to meet the needs of the management, especially with the development of the commodity economy and the emergence of competition in the market through demand management on the economy activities strict control and supervision. At the same time, the content and form of accounting constantly improve and change, from a purely accounting, scores, mainly for accounting operations, external submit accounting statements, as in prior operating forecasts, decision-making, on the matter of economic activities control and supervision, in hindsight, check. Clearly, accounting whether past, present or future, it is people's economic management activities.
《财会专业英语》期终试卷 I.Put the following into corresponding groups. (15 points) 1.Cash on hand 2.Notes receivable 3.Advances to suppliers 4. Other receivables 5.Short-term loans 6.Intangible assets 7.Cost of production 8.Current year profit 9. Capital reserve 10.Long-term loans 11.Other payables 12. Con-operating expenses 13.Financial expenses 14.Cost of sale 15. Accrued payroll II.Please find the best answers to the following questions. (25 Points) 1. Aftin Co. performs services on account when Aftin collects the account receivable A.assets increase B.assets do not change C.owner’s equity d ecreases D.liabilities decrease 2. A balance sheet report . A. the assets, liabilities, and owner’s equity on a particular date B. the change in the owner’s capital during the period C. the cash receipt and cash payment during the period D. the difference between revenues and expenses during the period 3. The following information about the assets and liabilities at the end of 20 x 1 and 20 x 2 is given below: 20 x 1 20 x 2 Assets $ 75,000 $ 90,000 Liabilities 36,000 45,000 how much the owner’sequity at the end of 20 x 2 ? A.$ 4,500 B.$ 6,000 C.$ 45,000 D.$ 43,000
I ? Matching each of the following statements with its proper term. 1.Temporary account () 2.Working papers () 3.Fiscal year () 4.Accrual accounting () 5.Posting 6.General ledger () 7.Liquidity () 8.Withdrawals () 9.CPA () 10.Transaction () 11.Accounting cycle () 12.Closing entries () 13.Reversing entry () 14.Accounting equation() 15.Double entry accounting() 16.T account () 17.Chart of accounts() 18.Account form () 19.Business entity concept () 20.Financial accounting () A.Assets taken from the business by the owner for personal use. B.The annual accounting period adopted by a business. C.Convertibility to cash D.Assets=liabilities+ owner" s equity. E.Documents that help accountants organize their work. F.An condition or directly affects its results of accounting event or condition that directly changes an entity's financial operation. G.The idea that revenues are recorded (recognized) when earned and that expenses are recorded when incurred. H.The book that contains the individual account (or control account), grouped
?accounting 会计、会计学 ?account 账户 ?account for / as 核算 ?certified public accountant / CPA 注册会计师?chief financial officer 财务总监?budgeting 预算 ?auditing 审计 ?agency 机构 ?fair value 公允价值 ?historical cost 历史成本?replacement cost 重置成本?reimbursement 偿还、补偿?executive 行政部门、行政人员?measure 计量 ?tax returns 纳税申报表 ?tax exempt 免税 ?director 懂事长 ?board of director 董事会 ?ethics of accounting 会计职业道德?integrity 诚信 ?competence 能力 ?business transaction 经济交易?account payee 转账支票?accounting data 会计数据、信息?accounting equation 会计等式?account title 会计科目 ?assets 资产 ?liabilities 负债 ?owners’ equity 所有者权益 ?revenue 收入 ?income 收益
?gains 利得 ?abnormal loss 非常损失 ?bookkeeping 账簿、簿记 ?double-entry system 复式记账法 ?tax bearer 纳税人 ?custom duties 关税 ?consumption tax 消费税 ?service fees earned 服务性收入 ?value added tax / VAT 增值税?enterprise income tax 企业所得税?individual income tax 个人所得税?withdrawal / withdrew 提款、撤资?balance 余额 ?mortgage 抵押 ?incur 产生、招致 ?apportion 分配、分摊 ?accounting cycle会计循环、会计周期?entry分录、记录 ?trial balance试算平衡?worksheet 工作草表、工作底稿?post reference / post .ref过账依据、过账参考?debit 借、借方 ?credit 贷、贷方、信用 ?summary/ explanation 摘要?insurance 保险 ?premium policy 保险单 ?current assets 流动资产 ?long-term assets 长期资产 ?property 财产、物资 ?cash / currency 货币资金、现金
会计专业英语习题答案
Chapter. 1 1-1 As in many ethics issues, there is no one right answer. The local newspaper reported on this issue in these terms: "The company covered up the first report, and the local newspaper uncovered the company's secret. The company was forced to not locate here (Collier County). It became patently clear that doing the least that is legally allowed is not enough." 1-2 1. B 2. B 3. E 4. F 5. B 6. F 7. X 8. E 9. X 10. B 1-3 a. $96,500 ($25,000 + $71,500) b. $67,750 ($82,750 – $15,000) c. $19,500 ($37,000 – $17,500) 1-4 a. $275,000 ($475,000 – $200,000) b. $310,000 ($275,000 + $75,000 – $40,000) c. $233,000 ($275,000 – $15,000 – $27,000) d. $465,000 ($275,000 + $125,000 + $65,000) e. Net income: $45,000 ($425,000 – $105,000 – $275,000) 1-5 a. owner's equity b.liability c.asset d.asset e.owner's equity f. asset 1-6 a. Increases assets and increases owner’s equity. b. Increases assets and increases owner’s equity. c. Decreases assets and decreases owner’s equity.
财务管理专业英语期末重点 一、单词 Topic1 财务管理financial management 资本预算capital budgeting 资本结构capital structure 股利政策dividend policy 存货inventory 风险规避risk aversion 股东权益stockholder s’ equity 流动负债current liability Topic2 财务风险financial risk 合伙制企业partnership 私人业主制企业sole proprietorship 收入revenue 主计长controller 财务困境financial distress 股票期权stock option 首次公开发行股票(IPO) initial public offering Topic 3 盈利能力profitability 偿付能力solvency 利润表income statement 有价证券marketable securities 提款withdrawal 应收账款accounts receivable 递延税款deferred tax Topic4 流动性比率liquidity ratio 权益乘数equity multiplier 资产收益率(ROA) return on assets 毛利gross profit margin 权益报酬率return on equity 市盈率P/E ratio 杠杆比率leverage ratio 息税前盈余(EBIT) earnings before interest and taxes Topic5 货币时间价值time value of money 年金annuity 折现率discount rate 机会成本opportunity cost
一、words and phrases 1.残值 scrip value 2.分期付款 installment 3.concern 企业 4.reversing entry 转回分录 5.找零 change 6.报销 turn over 7.past due 过期 8.inflation 通货膨胀 9.on account 赊账 10.miscellaneous expense 其他费用 11.charge 收费 12.汇票 draft 13.权益 equity 14.accrual basis 应计制15.retained earnings 留存收益 16.trad-in 易新，以旧换新 17.in transit 在途 18.collection 托收款项 19.资产 asset 20.proceeds 现值 21.报销 turn over 22.dishonor 拒付 23.utility expenses 水电费 24.outlay 花费 25.IOU 欠条 26.Going-concern concept 持续经营 27.运费 freight 二、Multiple-choice question 1.Which of the following does not describe accounting? ( C ) A. Language of business B. Useful ofr decision making C. Is an end rathe than a means to an end. https://www.doczj.com/doc/d99221850.html,ed by business, government, nonprofit organizations, and individuals. 2.An objective of financial reporting is to ( B ) A. Assess the adequacy of internal control. B.Provide information useful for investor decisions. C.Evaluate management results compared with standards. D.Provide information on compliance with established procedures. 3.Which of the following statements is(are) correct?( B ) A.Accumulated depreciation represents a cash fund being accumulated for the replacement of plant assets. B.A company may use different depreciation methods in its financial statements and its income tax return. C.The cost of a machine includes the cost of repairing damage to the machine during the installation process. D.The use of an accelerated depreciation method causes an asset to wear out more quickly than does use of the unit-of-product method. 4. Which of the following is(are) correct about a company’s balance sheet? ( B ) A.It displays sources and uses of cash for the period. B.It is an expansion of the basic accounting equation C.It is not sometimes referred to as a statement of financial position. D.It is unnecessary if both an income statement and statement of cash flows are availabe. 5.Objectives of financial reporting to external investors and creditors include preparing information about all of the following except. ( A ) https://www.doczj.com/doc/d99221850.html,rmation used to determine which products to poduce https://www.doczj.com/doc/d99221850.html,rmation about economic resources, claims to those resources, and changes in both resources and claims. https://www.doczj.com/doc/d99221850.html,rmation that is useful in assessing the amount, timing, and uncertainty of future cash flows. https://www.doczj.com/doc/d99221850.html,rmation that is useful in making ivestment and credit decisions. 6.Each of the following measures strengthens internal control over cash receipts except. ( C ) A.The use of a petty cash fund. B.Preparation of a daily listing of all checks received through the mail. C.The use of cash registers. D.The deposit of cash receipts in the bank on a daily basis. 7.The primary purpose for using an inventory flow assumption is to. ( A )
会计专业英语 business 企业商业业务 financial risk 财务风险 sole proprietorship 私人业主制企业 partnership 合伙制企业 limited partner 有限责任合伙人 general partner 一般合伙人 separation of ownership and control 所有权与经营权分离 claim 要求主张要求权 management buyout 管理层收 tender offer 要约收购 financial standards 财务准则 initial public offering 首次公开发行股票 private corporation 私募公司未上市公司 closely held corporation 控股公司 board of directors 董事会 executove director 执行董事 non- executove director 非执行董事chairperson 主席 controller 主计长 treasurer 司库 revenue 收入 profit 利润 earnings per share 每股盈余 return 回报 market share 市场份额 social good 社会福利 financial distress 财务困境 stakeholder theory 利益相关者理论 value (wealth) maximization 价值（财富）最大化 common stockholder 普通股股东preferred stockholder 优先股股东 debt holder 债权人 well-being 福利diversity 多样化 going concern 持续的 agency problem 代理问题 free-riding problem 搭便车问题 information asymmetry 信息不对称 retail investor 散户投资者 institutional investor 机构投资者 agency relationship 代理关系 net present value 净现值 creative accounting 创造性会计 stock option 股票期权 agency cost 代理成本bonding cost 契约成本 monitoring costs 监督成本 takeover 接管corporate annual reports 公司年报 balance sheet 资产负债表 income statement 利润表 statement of cash flows 现金流量表 statement of retained earnings 留存收益表 fair market value 公允市场价值marketable securities 油价证券 check 支票 money order 拨款但、汇款单withdrawal 提款 accounts receivable 应收账 credit sale 赊销inventory 存货 property,plant,and equipment 土地、厂房与设备depreciation 折旧 accumulated depreciation 累计折旧
令狐采学 一.专业术语 Accelerated Depreciation Method 计算折旧时，早期所提的折旧年夜于后期各年。加速折旧法主要包含余额递加折旧法 declining balance depreciation，双倍余额递加折旧法 double declining balance depreciation，年限总额折旧法sum of the years' depreciation Account 科目，帐户 Account format 帐户式 Account payable 应付帐款 Account receivable 应收帐款 Accounting cycle 会计循环，指按顺序进行记录，归类，汇总和编表的全过程。在连续的会计期间周而复始的循环进行Accounting equation 会计等式：资产 = 欠债 + 业主权益 Accounts receivable turnover 应收帐款周转率：一个时期的赊销净额 / 应收帐款平均余额 Accrual basis accounting 应记制，债权产生制：以应收应付为计算基础，以确定本期收益与用度的一种方法。凡应属本期
的收益于用度，不管其款项是否以收付，均作为本期收益和用度处理。 Accrued dividend 应计股利 Accrued expense 应记用度：指本期已经产生而尚未支付的各项用度。 Accrued revenue 应记收入 Accumulated depreciation 累计折旧 Acidtest ratio 酸性试验比率，企业速动资产与流动欠债的比率，又称quick ratio Acquisition cost 购置本钱 Adjusted trial balance 调整后试算表，指已作调整分录但尚未作结账分录的试算表。 Adjusting entry 调整分录：在会计期末所做的分录，将会计期内因某些原因而未曾记录或未适当记录的会计事项予以记录入帐。 Adverse 应收帐款的帐龄分类 Aging of accounts receivable 应收帐款的帐龄分类 Allocable 应分派的 Allowance for bad debts 备抵坏帐 Allowance for depreciation 备抵折旧 Allowance for doubtful accounts 呆帐备抵 Allowance for uncollectible accounts 呆帐备抵 Allowance method 备抵法：用备抵帐户作为各项资产帐户
精品文档 会计英语试题及答案 会计专业英语是会计专业人员职业发展的必要工具。学 习会计专业英语就是学习如何借助英语解决与完成会计实务中涉外的专业性问题和任务。以下为你收集了会计英语练习题及答案，希望给你带来一些参考的作用。 一、单选题 1. Which of the following statements about accounting concepts or assumptions are correct? 1) The money measurement assumption is that items in accounts are initially measured at their historical cost. 2) In order to achieve comparability it may sometimes be necessary to override the prudence concept. 3) To facilitate comparisons between different entities it is helpful if accounting policies and changes in them are disclosed. 4) To comply with the law, the legal form of a transaction must always be reflected in financial statements. A 1 and 3 B 1 and 4 C 3 only D 2 and 3 2. Johnny had receivables of $5 500 at the start of 2010. During the year to 31 Dec 2010 he makes credit sales of $55 000 and receives cash of $46 500 from credit 2016 全新精品资料-全新公文范文-全程指导写作–独家
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《会计英语》复习资料 二、单项选择（红字为正确答案）：
Financial reports are used by d. all of the above
1. For accounting purposes, the business entity should be considered separate from its owners if the entity is（ ）
d. all of the above
2. Which of the following best describes accounting? b. is an information system that provides reports to stakeholders
3. Using accrual accounting, expenses are recorded and reported only a. when they are incurred, whether or not cash is paid
4. The measurement bases exclude( ) c. Sale price
5. Debts owed by a business are referred to as（ ） d. liabilities
6. Which of the following financial statements reports information as of a specific date? c. balance sheet
7. Cash investments made by the owner to the business are reported on the statement of cash flows in the
a. financing activities section
8. The accounting equation may be expressed as d. Assets - Liabilities = Owner's Equity
9. Which of the following groups of accounts have a normal credit balance? a. revenues, liabilities, capital
10. Which of the following groups of accounts have a normal debit balance? d. assets, expenses
11. Which of the following types of accounts have a normal credit balance? c. revenues and liabilities
12. In the accounting cycle, the last step is（ ） a. preparing a post-closing trial balance
13. Which of the following should not be considered cash by an accountant? c. postage stamps
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14. A bank reconciliation should be prepared periodically because （ ） 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
15. The amount of the outstanding checks is included on the bank reconciliation as a(n) （ ） c. deduction from the balance per bank statement
16. The asset created by a business when it makes a sale on account is termed c. accounts receivable
17. What is the type of account and normal balance of Allowance for Doubtful Accounts? a. Contra asset, credit
18. The term "inventory" indicates （ ） d. both A and B
19. 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 20.Merchandise inventory at the end of the year is overstated. Which of the following statements correctly states the effect of the error?
b. owner's equity is overstated 21.The inventory method that assigns the most recent costs to cost of good sold is
b. LIFO 22.Under which method of cost flows is the inventory assumed to be composed of the most recent costs?
b. first-in, first-out 23. When the perpetual inventory system is used, the inventory sold is debited to ( )
b. cost of merchandise sold 24．All of the following below are needed for the calculation of depreciation except
d. book value
25. A characteristic of a fixed asset is that it is b. used in the operations of a business
26. Accumulate