《會計專業(yè)英語》19秋期末考核(答案參考

1、【奧鵬】-南開大學會計專業(yè)英語19秋期末考核試卷總分:100 得分:100第1題,Which of the items below is not a business organization form?（ ）A、entrepreneurshipB、proprietorshipC、partnershipD、corporation正確答案:A第2題,Which of the following groups are considered to be internal users of accounting information?A、Employees and customersB、Custom

2、ers and vendorsC、Employees and managersD、Government and banks正確答案:C第3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 understatedB、net income is overstatedC、cost of merchandise sold is understat

3、edD、merchandise inventory reported on the balance sheet is overstated正確答案:A第4題,The inventory method that assigns the most recent costs to cost of good sold isA、FIFOB、LIFOC、averageD、specific identification正確答案:B第5題,The two most common specialized fields of accounting in practice are( )A、forensic acco

4、unting and financial accountingB、managerial accounting and financial accountingC、managerial accounting and environmental accountingD、financial accounting and tax accounting systems正確答案:B第6題,The interest rate specified in the bond indenture is called the ( )A、discount rateB、contract rateC、market rate

5、D、effective rate正確答案:B第7題,The excess of issue price over par of common stock is termed a(n) ( )A、discountB、incomeC、deficitD、premium正確答案:D第8題,The income statement is prepared from( )A、the adjusted trial balance.B、the income statement columns of the work sheet.C、either the adjusted trial balance or th

6、e income statement columns of the work sheet.D、both the adjusted trial balance and the income statement columns of the work sheet.正確答案:C第9題,The price at which a stock can be sold depends upon a number of factors. Which statement below is not one of those factors?( )A、the financial condition, earning

7、s record, and dividend record of the corporationB、investor expectations of the corporations earning powerC、how high the par valueD、general business and economic conditions and prospects正確答案:C第10題,Which of the following measures a companys ability to pay its current liabilities?A、earnings per shareB、

8、inventory turnoverC、current ratioD、number of times interest charges earned正確答案:C第11題,During a period of falling prices, which of the following inventory methods generally results in the lowest balance sheet amount for inventory. ( )A、average methodB、LIFO methodC、FIFO methodD、can not tell without mor

9、e information正確答案:C第12題,For accounting purposes, the business entity should be considered separate from its owners if the entity is（ ）A、a corporationB、a proprietorshipC、a partnershipD、all of the above正確答案:D第13題,The journal entry a company uses to record the estimated accrued product warranty liabili

10、ty is ( )A、debit Product Warranty Expense; credit Product Warranty PayableB、debit Product Warranty Payable; credit CashC、debit Product Warranty Expense; credit CashD、debit Product Warranty Payable; credit Product Warranty Expense正確答案:A第14題,A bank reconciliation should be prepared periodically becaus

11、e （ ）A、the depositors records and the banks records are in agreementB、the bank has not recorded all of its transactionsC、any differences between the depositors records and the banks records should be determined, and any errors made by either party should be正確答案:C第15題,What is the type of account and

12、normal balance of Allowance for Doubtful Accounts?A、Contra asset, creditB、Asset, debitC、Asset, creditD、Contra asset, debit正確答案:A第16題,Which of the following should be considered cash by an accountant?A、coinsB、bank checking accountsC、postage stampsD、Petty cash fundsE、IOU（I owe you)正確答案:A,B,D第17題,The p

13、rimary purpose of a stock split include ( )A、increase paid-in capitalB、reduce the market price of the stock per shareC、reduce earnings per shareD、to increase the number of shares outstandingE、increase the market activity of the shares正確答案:B,C,D,E第18題,The following items below would affect the invest

14、ors income for the period, they are( )A、interest received on a temporary investment in bondsB、dividends received on a long-term investment in stock where the investor owns 10% of the investees stockC、dividends received on a long-term investment in stock where the investor owns 30% of the investees s

15、tockD、interest received on a long-term investment in bondsE、the periodic net income of the investee under the cost method正確答案:A,B,D第19題,The two methods of accounting for investments in stock are( )A、straight-line methodB、equity methodC、liability methodD、interest methodE、the cost method正確答案:B,E第20題,C

16、urrent assets include( )A、intangible assetsB、cashC、receivablesD、short-term investmentsE、inventoriesF、property, plant and equipment正確答案:B,C,D第21題,All of the following below are needed for the calculation of depreciation ( )A、fare valueB、costC、sales priceD、residual valueE、estimated life正確答案:B,D,E第22題,

17、The primary advantages of a corporation include( )A、separate legal entityB、limited liabilityC、ease of ownership transferD、continuity of lifeE、ease of capital accumulation正確答案:A,B,C,D,E第23題,Current liabilities include( )A、accounts payableB、short-term notes payableC、wages payableD、taxes payableE、bonds

18、 payable正確答案:A,B,C,D第24題,Which of the following groups of accounts have a normal credit balance?A、assets, expensesB、revenues, capitalC、capital, liabilitiesD、liabilities, expensesE、assets, revenues正確答案:B,C第25題,Which of the items below are business organization form?( )A、entrepreneurshipB、proprietorsh

19、ipC、partnershipD、corporationE、owners正確答案:B,C,D第26題,When a large quantity of merchandise is purchased, a reduction allowed on the sale price is called a trade discount.A、錯誤B、正確正確答案:B第27題,The prices of bonds are quoted as a percentage of the bonds market value.A、錯誤B、正確正確答案:A第28題,Dividends in arrears a

20、re liabilities of the corporation.T、對F、錯正確答案:F第29題,A corporation is a business that is legally separate and distinct from its owners.A、錯誤B、正確正確答案:B第30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、錯誤B、正確正確答案:B第31題,When using the FIFO inventory costing method, the most recent costs are assigned to the cost of goods sold.T、對F、錯正確答案:F第32題,During inflationary periods, the use of the LIFO method of costing inventory will result in a greater amount of ne