廈門(mén)大學(xué)《會(huì)計(jì)英語(yǔ)》期末試題及答案

1、All of the following are asset accounts except Cbuildings B.Cash C.supplies expense D.accounts receivable2,A column in journals and ledger accounts used to cross reference journal and ledger entries is the_A.posting reference column B.description column C.debit column D.account balance column3,The p

2、rice-earnings ratio is calculated by dividing: CA.Dividends per share by earnings per share.B.Earnings per share by market value per share.C. Market value per share by earnings per share.D.Market value per share by dividends per share.4.Assets created by selling goods and services on credit are AA.a

3、ccounts receivable B.equity C.liabilities D.expenses5. Amounts received in advance from customers for future products or services: C A.Require an outlay of cash in the future. B.Are revenues. C.Are liabilities. D.Are not allowed under GAAP.6.Revenues, expenses, and withdrawals accounts, which are cl

4、osed at the end of each accounting period is BA. Closing accounts B.Temporary accounts.C.Real accounts .D.Balance sheet accounts.7.Decreases in equity that represent costs of assets or services used to earn revenues are called CA liabilities B.withdrawals C.expenses D.equity8.The purchases journal i

5、s used for recording credit purchases T 9.Current ratio does not affect a creditors decision on when to allow a company to buy on credit. F10.The primary objective of financial accounting is to provide financial statements to help external users analyze an organizations activities.T11.A partnership

6、designed to protect innocent partners from malpractice or negligence claims resulting from acts of another partner is alimited liability partnership. T 12.Partners withdrawals of assets are debited to their withdrawals accounts. T13.Deposits in transit are deposits made and recorded by the depositor

7、 but not yet recorded on the bank statement. T14.Cash paid for merchandise is an operating activity. T15.Owners investments are increases in equity from a companys earnings activities. F16. Which of the following is an example of assets?( C ) A. Salary expense B.unearned revenue C. prepaid expense D

8、. accounts payable 17.The accounting assumption that requires every business to be accounted for separately from other business entities, including its owner or owners is known as the: ( B)A.Cost principle. B.Business entity assumption.C.Time-period assumption. D. Revenue recognition principle.18.Th

9、e rule that requires financial statements to reflect the assumption that the business will continue operating instead of being closed or sold, unless evidence shows that it will not continue, is the ( D) A.Monetary unit assumption. B.Objectivity principle. C.Business entity assumption. D.Going-conce

10、rn assumption.19.External users of accounting information include all of the following except: ( D )A.Customers. B.Shareholders.C.Creditors. D.Internal managers.20.Source documents: (C )A.Include the chart of accounts. B.Must be in electronic form.C.Are the sources of accounting information. D.Inclu

11、de the ledger.21.The accounting process begins with:(C )A.Summarizing the recorded effect of business transactions. B.Preparing financial statements and other reports.C.Analysis of business transactions and source documents.D.Presentation of financial information to decision-makers.22.A collection o

12、f all accounts and their balances usedby a business is called a:( C )A.Balance column journal. B.General Journal.C.Ledger. D.Journal.23. A trial balance prepared after adjustments have been recorded is called a(n) : (D)A.Classified balance sheet. B.Unadjusted trial balance.C.Balance sheet. D.Adjuste

13、d trial balance.24. The approach to preparing financial statements based on recognizing revenues when they are earned and matching expenses to those revenues is: (C ) A. The matching principle. B. Revenue basis accounting.C. Accrual basis accounting. D.The time period assumption.26,A partnership is

14、not a separate legal entity from the partners themselves. （ T ）27.Limited liability means the shareholders are responsible for the companys debts only up to the amount paid on the shares .（ T ） 28.Accounting is an information and measurement system that identifies, records, and communicates relevant

15、, reliable, and comparable information about an organizations business activities.( T) 29,Withdrawals by the owner are a business expense（F）30.A revenue account normally has a debit balance.( F ) 31,Liabilities: AA.Must sometimes be estimated.B.Must always have a definite date for payment.C.Must be

16、for a specific amount.Must involve an outflow of cash. 32.A contingent liability Is a potential obligation that depends on a future event arising from a past transaction or event. T33,In the accounting records of a defendant, lawsuit should be recorded if payment for damages is probable and the amou

17、nt can be reasonably estimated. T 34.Unearned revenues are liabilities. T35.A companys ability to issue unsecured debt depends on its credit standing.T36.The carrying value of bonds at maturity is always equal tothe par value that the issuer pays the holder. T37.The statement of cash flows reports a

18、nd proves the net change in cash for a reporting period. T38.Retained earnings generally consists of a companys cumulative net income less any net losses and dividends declared since its inception T 39. Dividend yield is defined as the market price per share of a companys stock divided by its earnin

19、gs per share. F40.Book value per common share is calculated by dividing stockholders equity applicable to common shares by the number of common shares outstanding T41、Which of the following accounting principles prescribes that a company record its expenses incurred to generate the revenue reported?

20、 AA Matching principle. B.Going-concern assumption.C.Reliability principle D.Cost principle.42The income statement shows a companys net income or loss due to earnings activities over a period of time. T 43.The primary objective of financial accounting is to provide financial statements to help exter

21、nal users analyze an organizations activities. T 44.Partners withdrawals of assets are debited to their withdrawals accounts. T45.Deposits in transit are deposits made and recorded by the depositor but not yet recorded on the bank statement. T46,Cash paid for merchandise is an operating activity. T4

22、7.The statement of cash flows explains the difference between the beginning and ending balances of cash and cash equivalents.T48.Financial statement analysis may be used for personal investment decisions.T49.Assets created by selling goods and services on credit are_A_A.accounts receivable B.equity

23、C.liabilities D.expenses 50.The financial statement that shows the beginning balance of owners equity; the changes in equity that resulted from new investments by the owner, net income (or net loss); withdrawals; and the ending balance, is the statement of owners equity. T51.Managerial accounting is

24、 the area of accounting that provides internal reports to assist the decision making needs of internal users.T52.As a general rule, revenues should not be recognized in the accounting records until it is received in cash F53.Assets are the resources of a company and are expected to yield future bene

25、fits.T54.The balance sheet is based on the accounting equation.T55.The three major types of business activities are operating, financing, and investing.T56.When a company provides services for which cash will not be received until some future date, the company should record the amount charged as une

26、arned revenue. F57.In a double-entry accounting system, the total amount debited must always equal the total amount credited.T58.A journal gives a complete record of each transaction in one place, and shows the debits and credits for each transaction. T59.Posting is the transfer of journal entry inf

27、ormation to the ledger.T60.Generally, the ordering of accounts in a trial balance typically follows their identification number from the chart of accounts, that is, assets first, then liabilities, then owners capital and withdrawals, followed by revenues and expenses .T61.Incurred but unpaid expense

28、s that are recorded during the adjusting process with a debit to an expense and a credit to a liability are:DA.Net expenses .B.Intangible expenses.C.Prepaid expenses. D.Accrued expenses.62.The adjusting entry to record an accrued expense is increase an expense; increase a liability. T63.Financial statements can be prepared directly from information in the adjusted trial balance.T64.An adjusted trial balance is a list of accounts and balances prepared after adjusting entries have been recorded and posted to the ledger.T65