《南开19秋学期（1709、1803、1809、1903、1909）《会计专业英语》在线作业满分100》由会员分享，可在线阅读，更多相关《南开19秋学期（1709、1803、1809、1903、1909）《会计专业英语》在线作业满分100（6页珍藏版）》请在金锄头文库上搜索。
1、南开19秋学期（1709、1803、1809、1903、1909）会计专业英语在线作业-0003试卷总分:100 得分:100一、单选题 (共 20 道试题,共 40 分)1.Stockholders equity ( )A.is usually equal to cash on handB.is shown on the income statementC.includes retained earnings and paid-in capitalD.includes paid-in capital and liabilities答案:C2.Merchandise inventory at
2、the end of the year was understated. Which of the following statements correctly states the effect of the error?A.net income is understatedB.net income is overstatedC.merchandise inventory reported on the balance sheet is overstatedD.cost of merchandise sold is understated答案:A3.The excess of issue p
3、rice over par of common stock is termed a(n) （ ）A.premiumB.incomeC.discountD.deficit答案:A4.The journal entry a company uses to record the estimated accrued product warranty liability is ( )A.debit Product Warranty Payable; credit Product Warranty ExpenseB.debit Product Warranty Payable; credit CashC.
4、debit Product Warranty Expense; credit Product Warranty PayableD.debit Product Warranty Expense; credit Cash答案:C5.Cash investments made by the owner to the business are reported on the statement of cash flows in theA.supplemental statementB.operating activities sectionC.investing activities sectionD
5、.financing activities section答案:D6.Cash dividends are usually not paid on which of the following?A.treasury stockB.preferred stockC.class B common stockD.class A common stock答案:A7.Which of the following concepts relates to separating the reporting of business and personal economic transactions?A.Uni
6、t of Measure ConceptB.Objectivity ConceptC.Cost ConceptD.Business Entity Concept答案:D8.A capital expenditure results in a debit to （ ）A.an expense accountB.an asset accountC.a liability accountD.a capital account答案:B9.The characteristics of partnership exclude( )A.unlimited liabilityB.more financial
7、resources than a proprietorshipC.limited liabilityD.additional management skills答案:C10.Current liabilities are（ ）A.due, but not receivable for more than one yearB.due, but not payable for more than one yearC.due and receivable within one yearD.due and payable within one year答案:D11.The debt created b
8、y a business when it makes a purchase on account is referred to as anA.expense payableB.assetC.account receivableD.account payable答案:D12.The most widely used depreciation method isA.units-of-productionB.sum-of-the-years-digitsC.straight-lineD.declining-balance答案:C13.A business paid $7,000 to a credi
9、tor in payment of an amount owed. The effect of the transaction on the accounting equation was toA.increase one asset, decrease another assetB.increase an asset, increase owners equityC.increase an asset, increase a liabilityD.decrease an asset, decrease a liability答案:D14.A bank reconciliation shoul
10、d be prepared periodically because ( )A.the depositors records and the banks records are in agreementB.the bank must make sure that its records are correctC.the bank has not recorded all of its transactionsD.any differences between the depositors records and the banks records should be determined, a
11、nd any errors made by either party should be discovered and corrected答案:D15.Notes may be issued ( )A.when borrowing moneyB.when assets are purchasedC.to creditors to temporarily satisfy an account payable created earlierD.all of the above答案:D16.Merchandise inventory at the end of the year is oversta
12、ted. Which of the following statements correctly states the effect of the error?A.owners equity is overstatedB.net income is understatedC.gross profit is understatedD.cost of merchandise sold is overstated答案:A17.Sinking Fund Cash would be classified on the balance sheet as （ ）A.an investmentB.an int
13、angible assetC.a fixed assetD.a current asset答案:A18.The reduction of par or stated value of stock by issuance of a proportionate number of additional shares is termed a ( )A.stock splitB.stock optionC.preferred dividendD.liquidating dividend答案:A19.If the maker of a promissory note fails to pay the n
14、ote on the due date, the note is said to be( )A.displacedB.dishonoredC.dishonoredD.disallowed答案:B20.The most widely used depreciation method isA.units-of-productionB.sum-of-the-years-digitsC.straight-lineD.declining-balance答案:C二、判断题 (共 30 道试题,共 60 分)21.A balance sheet is a list of the assets, liabil
15、ities, and owners equity of a business for a period of time.答案:错误22.Investments in stocks that are expected to be held for the long term are listed in the stockholders equity section of the balance sheet.答案:错误23.The relationship of each asset item as a percent of total assets is an example of vertical analysis.答案:正确24.Merchandising businesses sell products that they purchase from other businesses to customers.答案:正确25.Purchasing supplies on account increases liabilities a
