[南开大学]21春学期《会计专业英语》在线作业提示：本科目有多套随机考核试卷，请按照学习要求，自行比照本材料是否为您需要的试卷！！一、单选题 (共 20 道试题,共 40 分)1.If the two totals of a trial balance are not equal, it could be due to<-A.->an error in determining the account balances, such as a balance being incorrectly computed<-B.->recording the same transaction more than once<-C.->failure to record a transaction<-D.->recording the same erroneous amount for both the debit and the credit parts of a transaction【-参考.选择-】：A2.Characteristics of a corporation include ( )<-A.->shareholders who are mutual agents<-B.->direct management by the shareholders (owners)<-C.->its inability to own property<-D.->shareholders who have limited liability【-参考.选择-】：D3.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【-参考.选择-】：D4.A characteristic of a fixed asset is that it is （）<-A.->intangible<-B.->used in the operations of a business<-C.->held for sale in the ordinary course of the business<-D.->none of the above【-参考.选择-】：Bing 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【-参考.选择-】：B6.On the balance sheet, the amount shown for the Allowance for Doubtful Accountsis 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 du<-E.->【-参考.选择-】：C7.Revenues are reported when<-A.->a contract is signed<-B.->a contract is signed<-C.->work is begun on the job<-D.->work is completed on the job【-参考.选择-】：D8.The interest rate specified in the bond indenture is called the （）<-A.->discount rate<-B.->contract rate<-C.->market rate<-D.->effective rate【-参考.选择-】：B9.The inventory method that assigns the most recent costs to cost of good sold is<-A.->FIFO<-B.->LIFO<-C.->average<-D.->specific identification【-参考.选择-】：B10.Merchandise inventory at the end of the year is overstate<-D.-> Which of the following statements correctly states the effect of the error?<-A.->owner's equity is overstated<-B.->cost of merchandise sold is overstated<-C.->gross profit is understated<-D.->net income is understated【-参考.选择-】：A11.One of the main disadvantages of the corporate form is the( )<-A.->professional management<-B.->double taxation of dividends<-C.->charter<-D.->corporation must issue stock【-参考.选择-】：B12.Expenses are reported on the( )<-A.->income statement<-B.->statement of owner's equity<-C.->statement of cash flows<-D.->balance sheet【-参考.选择-】：A13.Cash dividends are usually not paid on which of the following?<-A.->class B common stock<-B.->preferred stock<-C.->treasury stock<-D.->class A common stock【-参考.选择-】：C14.Revenue should be recognized when（）<-A.->cash is received<-B.->the service is performed<-C.->the customer places an order<-D.->the customer charges an order【-参考.选择-】：B15.In which section of the balance sheet would Treasury Stock be reported? <-A.->Fixed assets<-B.->Long-term liabilities<-C.->Stockholders' equity<-D.->Intangible assets【-参考.选择-】：C16.How is treasury stock shown on the balance sheet?<-A.->as an asset<-B.->as a decrease in stockholders' equity<-C.->as an increase in stockholders' equity<-D.->treasury stock is not shown on the balance sheet【-参考.选择-】：B17.Cash investments made by the owner to the business are reported on the statement of cash flows in the<-A.->financing activities section<-B.->investing activities section<-C.->operating activities section<-D.->supplemental statement【-参考.选择-】：A18.For accounting purposes, the business entity should be considered separatefrom its owners if the entity is（）<-A.->a corporation<-B.->a proprietorship<-C.->a partnership<-D.->all of the above【-参考.选择-】：D19.Financial statements in which financial data for two or more companies are combined as a single entity are called<-A.->conventional statements<-B.->consolidated statements<-C.->audited statements<-D.->constitutional statements【-参考.选择-】：B20.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【-参考.选择-】：C二、判断题 (共 30 道试题,共 60 分)21.During inflationary periods, the use of the LIFO method of costing inventory will result in a greater amount of net income than would result from the use of the FIFO metho<-D.-><-A.->正确<-B.->错误【-参考.选择-】：错误22.The prices of bonds are quoted as a percentage of the bonds' market valu<-E.-> <-A.->正确<-B.->错误【-参考.选择-】：错误23.Primary users of accounting information are accountants.<-A.->正确<-B.->错误【-参考.选择-】：错误24.A corporation is a business that is legally separate and distinct from its owners.<-A.->正确<-B.->错误【-参考.选择-】：正确25.The prices of bonds are quoted as a percentage of the bonds' market valu<-E.-> <-A.->正确<-B.->错误【-参考.选择-】：错误26.Any difference between the fair market values of the securities and their cost is a realized gain or loss.<-A.->正确<-B.->错误【-参考.选择-】：错误27.If ending inventory for the year is understated, net income for the year is overstate<-D.-><-A.->正确<-B.->错误【-参考.选择-】：错误28.Bondholders claims on the assets of the corporation rank ahead of stockholders.<-A.->正确<-B.->错误【-参考.选择-】：正确29.Ordinarily, a corporation owning a significant portion of the voting stock of another corporation accounts for the investment using the equity metho<-D.-> <-A.->正确<-B.->错误【-参考.选择-】：正确30.Consuming goods and services in the process of generating revenues results in expenses.<-A.->正确<-B.->错误【-参考.选择-】：正确31.If a firm has a quick ratio of 1, the subsequent payment of an account payable will cause the ratio to increas<-E.-><-A.->正确<-B.->错误【-参考.选择-】：错误32.Treasury Stock is listed in the stockholders' equity section on the balance sheet.<-A.->正确<-B.->错误【-参考.选择-】：正确33.For strong internal control system over cash, it is important to have the duties related to cash receipts and cash payments divided among different employees.<-A.->正确<-B.->错误【-参考.选择-】：正确34.The effect of a sales return and allowance is a reduction in sales revenue and a decrease in cash or accounts receivabl<-E.-><-A.->正确<-B.->错误【-参考.选择-】：正确35.Accounting Process is identifying, measuring, recording, and communicating economic information to permit informed judgments and decisions by users of information.<-A.->正确<-B.->错误【-参考.选择-】：正确36.If the liabilities owed by a business total $300,000 and owners equity is equal to $300,000, then the assets also total $300,000.<-A.->正确<-B.->错误【-参考.选择-】：错误37.The declining-balance method is an accelerated depreciation metho<-D.-> <-A.->正确<-B.->错误【-参考.选择-】：正确38.Merchandise that is returned to the vendor is referred to as a sales allowanc<-E.-><-A.->正确<-B.->错误【-参考.选择-】：错误39.Solvency analysis focuses on the ability of a business to pay its current and noncurrent liabilities.<-A.->正确<-B.->错误【-参考.选择-】：正确40.The relationship of each asset item as a percent of total assets is an example of vertical analysis.<-A.->正确<-B.->错误【-参考.选择-】：正确41.Available-for-sale securities are securities that management expects to sell in the future, but are not actively traded for profit.<-A.->正确<-B.->错误【-参考.选择-】：正确42.The double-entry accounting system records each transaction twic<-E.-><-A.->正确<-B.->错误【-参考.选择-】：错误43.In preparing bank reconciliation, the amount of deposits in transit is deducted from the balance per bank statement.<-A.->正确<-B.->错误【-参考.选择-】：错误44.The day on which the board of directors of the corporation distributes a dividend is called the declaration dat<-E.-><-A.->正确<-B.->错误【-参考.选择-】：错误45.The relationship of each asset item as a percent of total assets is an example of vertical analysis.<-A.->正确<-B.->错误【-参考.选择-】：正确46.If the proceeds from the sale of bond investments exceeds the carrying amount of the bonds, a gain is realize<-D.-><-A.->正确<-B.->错误【-参考.选择-】：正确47.If the bondholder has the right to exchange a bond for shares of common stock, the bond is called a convertible bon<-D.-><-A.->正确<-B.->错误【-参考.选择-】：正确48.When common stock is issued in exchange for land, the land should be recorded in the accounts at the par amount of the stock issue<-D.-><-A.->正确<-B.->错误【-参考.选择-】：错误49.The increase side of all accounts is the normal balanc<-E.-><-A.->正确<-B.->错误【-参考.选择-】：正确50.Managerial accounting is primarily concerned with the recording and reporting of economic data and activities of an entity for use by owners, creditors, governmental agencies, and the publi<-C.-><-A.->正确<-B.->错误【-参考.选择-】：错误。
![[南开大学]20秋学期《大学英语(二)》在线作业参考资料](https://imgs-1438308264.cos.ap-hongkong.myqcloud.com/c790638810661ed9ac51f378.webp)
![[南开大学]21春学期《会计专业英语》在线作业-(辅导资料)-答案1](https://imgs-1438308264.cos.ap-hongkong.myqcloud.com/070a38ee02020740bf1e9b12.webp)
