會計英語練習題

會計英語練習題題目一：會計基礎Whatisthedefinitionofaccounting?

A.Theprocessofrecordingfinancialtransactions.

B.Theprocessofpreparingfinancialstatements.

C.Theprocessofanalyzingfinancialdata.

D.Theprocessofsummarizingfinancialinformation.Whichofthefollowingstatementsistrueabouttheaccountingequation?

A.Assets=Liabilities+Equity

B.Assets=Liabilities+Revenue

C.Assets=Liabilities+Expenses

D.Assets=Liabilities+WithdrawalsWhatisthepurposeofageneralledger?

A.Torecordallfinancialtransactions.

B.Topreparefinancialstatements.

C.Toanalyzefinancialdata.

D.Tosummarizefinancialinformation.Whatisthedifferencebetweenaccountspayableandaccountsreceivable?

A.Accountspayableismoneyowedtothecompany,whileaccountsreceivableismoneyowedbythecompany.

B.Accountspayableismoneyowedbythecompany,whileaccountsreceivableismoneyowedtothecompany.

C.Accountspayablerepresentsthecompany’sassets,whileaccountsreceivablerepresentsthecompany’sliabilities.

D.Thereisnodifferencebetweenaccountspayableandaccountsreceivable.Whichfinancialstatementshowsthefinancialpositionofacompanyataspecificpointintime?

A.Incomestatement

B.Statementofretnedearnings

C.Balancesheet

D.Statementofcashflows題目二：會計原則Whatistheprincipleofconservatisminaccounting?

A.Recordrevenueswhentheyareearnedandexpenseswhentheyareincurred.

B.Recognizeexpensesonlywhentheyarepdandrevenuesonlywhentheyarecollected.

C.Consistentlyusethesameaccountingmethodsovertime.

D.Anticipatelosses,butnotgns.Whichofthefollowingaccountingprinciplesstatesthatcompaniesshouldrecordrevenuewhenitisearnedandexpenseswhentheyareincurred?

A.Matchingprinciple

B.Revenuerecognitionprinciple

C.Historicalcostprinciple

D.MaterialityprincipleWhatistheprincipleofmaterialityinaccounting?

A.Companiesshouldusethesameaccountingmethodsovertime.

B.Companiesshouldrecordrevenuewhenitisearnedandexpenseswhentheyareincurred.

C.Companiesshouldrecognizeexpensesonlywhentheyarepdandrevenuesonlywhentheyarecollected.

D.Companiesshouldonlyincludesignificantinformationintheirfinancialstatements.Whichaccountingprinciplestatesthatcompaniesshouldreportthefinancialeffectsofsimilareventsinaconsistentmannerovertime?

A.Matchingprinciple

B.Revenuerecognitionprinciple

C.Consistencyprinciple

D.MaterialityprincipleWhatisthehistoricalcostprincipleinaccounting?

A.Companiesshouldrecordrevenuewhenitisearnedandexpenseswhentheyareincurred.

B.Companiesshouldrecognizeexpensesonlywhentheyarepdandrevenuesonlywhentheyarecollected.

C.Companiesshouldusethesameaccountingmethodsovertime.

D.Companiesshouldrecordassetsattheiroriginalcost.題目三：會計報表分析Whatisthepurposeoftheincomestatement?

A.Toshowthecompany’sfinancialpositionataspecificpointintime.

B.Toshowthecompany’scashinflowsandoutflows.

C.Toshowthecompany’srevenueandexpensesoveraperiodoftime.

D.Toshowthechangeinthecompany’sretnedearnings.Whichfinancialstatementshowsthecompany’srevenues,expenses,andnetincomeforaspecificperiod?

A.Incomestatement

B.Balancesheet

C.Statementofretnedearnings

D.StatementofcashflowsWhatistheformulaforcalculatingnetincome?

A.Revenues-Expenses

B.Assets-Liabilities

C.Equity+Revenue-Expenses

D.Netincomeisnotcalculatedusingaformula.Whatisthepurposeofthebalancesheet?

A.Toshowthecompany’sfinancialpositionataspecificpointintime.

B.Toshowthecompany’scashinflowsandoutflows.

C.Toshowthecompany’srevenueandexpensesoveraperiodoftime.

D.Toshowthechangeinthecompany’sretnedearnings.Whichfinancialstatementshowsthecompany’sassets,liabilities,andequityataspecificpointintime?

A.Incomestatement

B.Balancesheet

C.Statementofretnedearnings

D.Statementofcashflows題目四：會計術語Whatisthedefinitionofaccountspayable?

A.Theamountofmoneyowedtothecompanybyitscustomers.

B.Theamountofmoneyowedbythecompanytoitssuppliers.

C.Theamountofmoneyinvestedinthebusinessbyitsowners.

D.Theamountofmoneyearnedbythecompanyfromitsoperations.Whatisthedefinitionofdepreciation?

A.Theprocessofallocatingthecostofanassetoveritsusefullife.

B.Theprocessofrecordingfinancialtransactions.

C.Theprocessofpreparingfinancialstatements.

D.Theprocessofanalyzingfinancialdata.Whatisthedefinitionofadividend?

A.Theportionofacompany’sprofitsthatisdistributedtoitsshareholders.

B.Theamountofmoneyinvestedinthebusinessbyitsowners.

C.Theamountofmoneyearnedbythecompanyfromitsoperations.

D.Theamountofmoneyowedbythecompanytoitssuppliers.Whatisthedefinitionofinventory?

A.Theportionofacompany’sprofitsthatisdistributedtoitsshareholders.

B.Theamountofmoneyinvestedinthebusinessbyitsowners.

C.Theamountofmoneyearnedbythecompanyfromitsoperations.

D.Thegoodsthatacompanyownsandintendstosell.Whatisthedefinitionofaliability?

A.Theportionofacompany’sprofitsthatisdistributedtoitsshareholders.

B.Theamountofmoneyinvestedinthebusinessbyitsowners.

C.Theamountofmoneyowedbythecompanytoitssuppliers.

D.Theamountofmoneyearnedbythecompanyfromitsoperations.題目五：會計方程TrueorFalse:Accordingtotheaccountingequation,assetsshouldalwaysequalliabilitiesplusequity.Ifacompanyhastotalassetsof$100,000and