[南开大学]20春学期《会计专业英语》在线作业-1（答案100分）

1144766066 · 发表于 2020-6-21 08:32:12

答案来源：雅宝题库交流网（www.ybaotk.com）-[南开大学]20春学期（1109、1803、1809、1903、1909、2003）《会计专业英语》在线作业
试卷总分:100 得分:100
第1题,The cost of a product warranty should be included as an expense in the (  )
A、period the cash is collected for a product sold on account
B、future period when the cost of repairing the product is paid
C、period of the sale of the product
D、future period when the product is repaired or replaced
正确答案:

第2题,Current liabilities are（  ）
A、due, but not receivable for more than one year
B、due, but not payable for more than one year
C、due and receivable within one year
D、due and payable within one year
正确答案:D

第3题,The measurement bases exclude(  )
A、Historical cost
B、Current cost
C、Sale price
D、Present value
正确答案:

第4题,For accounting purposes, the business entity should be considered separate from its owners if the entity is(  )
A、a corporation
B、a proprietorship
C、a partnership
D、all of the above
正确答案:D

答案来源：雅宝题库交流网（www.ybaotk.com）,During a period of falling prices, which of the following inventory methods generally results in the lowest balance sheet amount for inventory. (  )
A、average method
B、LIFO method
C、FIFO method
D、can not tell without more information
正确答案:

第题,The assets and liabilities of the company are $128,000 and $84,000, respectively.  Owner's e uity should e ual
A、$212,000
B、$44,000
C、$128,000
D、$84,000
正确答案:

第1题,Which of the following entries records the ac uisition of office supplies on account?
A、Office Supplies, debit; Cash, credit
B、Cash, debit; Office Supplies, credit
C、Office Supplies, debit; Accounts Payable, credit
D、Accounts Receivable, debit; Office Supplies, credit
正确答案:

第8题,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, earnings record, and dividend record of the corporation
B、investor expectations of the corporation's earning power
C、how high the par value
D、general business and economic conditions and prospects
正确答案:

第9题,Which of the following groups are considered to be internal users of accounting information?
A、Employees and customers
B、Customers and vendors
C、Employees and managers
D、Government and banks
正确答案:

答案来源：雅宝题库交流网（www.ybaotk.com）,The two most common specialized fields of accounting in practice are(  )
A、forensic accounting and financial accounting
B、managerial accounting and financial accounting
C、managerial accounting and environmental accounting
D、financial accounting and tax accounting systems
正确答案:

第11题,Under which method of cost flows is the inventory assumed to be composed of the most recent costs?
A、average cost
B、last-in, first-out
C、first-in, first-out
D、weighted average
正确答案:

答案来源：雅宝题库交流网（www.ybaotk.com）,When the corporation issuing the bonds has the right to repurchase the bonds prior to the maturity date for a specific price, the bonds are
A、convertible bonds
B、unsecured bonds
C、debenture bonds
D、callable bonds
正确答案:

第13题,The journal entry a company uses to record the estimated accrued product warranty liability is （  ）
A、debit Product Warranty Expense; credit Product Warranty Payable
B、debit Product Warranty Payable; credit Cash
C、debit Product Warranty Expense; credit Cash
D、debit Product Warranty Payable; credit Product Warranty Expense
正确答案:

第14题,All of the following below are needed for the calculation of depreciation except(  )
A、cost
B、residual value
C、estimated life
D、book value
正确答案:

答案来源：雅宝题库交流网（www.ybaotk.com）,All of the following occur with a double-entry accounting system except:
A、The accounting e uation remains in balance.
B、Each business transaction will have only two entries.
C、Every transaction affects at least two accounts
D、The sum of all debits is always e ual to the sum of all credits in each journal entry.
正确答案:

第1 题,Cash e uivalents(  )
A、are illegal in some company
B、will be converted to cash within two years
C、will be converted to cash within 90 days
D、will be converted to cash within 120 days
正确答案:

第11题,The accounting e uation may be expressed as（  ）
A、Assets = E uities - Liabilities
B、Assets + Liabilities = Owner's E uity
C、Assets = Revenues less Liabilities
D、Assets - Liabilities = Owner's E uity
正确答案:D

第18题,Current liabilities are(  )
A、due, but not receivable for more than one year
B、due, but not payable for more than one year
C、due and receivable within one year
D、due and payable within one year
正确答案:D

第19题,The interest rate specified in the bond indenture is called the (  )
A、discount rate
B、contract rate
C、market rate
D、effective rate
正确答案:

答案来源：雅宝题库交流网（www.ybaotk.com）,The percentage analysis of increases and decreases in individual items in comparative financial statements is called ( )
A、vertical analysis
B、solvency analysis
C、profitability analysis
D、horizontal analysis
正确答案:D

第21题,The relationship of each asset item as a percent of total assets is an example of vertical analysis.
T、对
F、错
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第22题,Allowance for Doubtful Accounts is a liability account.
A、错误
B、正确
正确答案:

第23题,During deflationary periods, the use of the LIFO method of costing inventory will result in a lower amount of current assets than would result from the use of the FIFO method.
A、错误
B、正确
正确答案:F

第24题,Available-for-sale securities are securities that management expects to sell in the future, but are not actively traded for profit.
T、对
F、错
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答案来源：雅宝题库交流网（www.ybaotk.com）,Accounting is a service that provides many different users with financial information to make economic decisions.
T、对
F、错
正确答案:

第2 题,An income statement is a summary of the revenues and expenses of a business as of a specific date.
T、对
F、错
正确答案:F

第21题,The cost of new e uipment is called a revenue expenditure because it will help generate revenues in the future.
A、错误
B、正确
正确答案:F

第28题,The day on which the board of directors of the corporation distributes a dividend is called the declaration date.
T、对
F、错
正确答案:F

第29题,During the closing process, some balance sheet accounts are closed and end the period with a zero balance.
T、对
F、错
正确答案:F

答案来源：雅宝题库交流网（www.ybaotk.com）,Intangible assets differ from property, plant and e uipment assets in that they lack physical substance.
A、错误
B、正确
正确答案:

第31题,The e uity method is usually more appropriate for accounting for investments where the purchaser does not have significant influence over the investee.
T、对
F、错
正确答案:F

第32题,Accounting is a service that provides many different users with financial information to make economic decisions.
A、错误
B、正确
正确答案:

第33题,Dividends in arrears are liabilities of the corporation.
T、对
F、错
正确答案:

第34题,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 public.
T、对
F、错
正确答案:

第35题,Information is material if its omission or misstatement could influence the economic decisions of users.
A、错误
B、正确
正确答案:

第3 题,During deflationary periods, the use of the LIFO method of costing inventory will result in a lower amount of current assets than would result from the use of the FIFO method.
T、对
F、错
正确答案:F

第31题,If ending inventory for the year is overstated, owner's e uity reported on the balance sheet at the end of the year is understated.
T、对
F、错
正确答案:

第38题,When old e uipment is traded in for a new e uipment, the difference between the list price and the trade in allowance is called boot.
A、错误
B、正确
正确答案:

第39题,The amortization of a premium on bonds payable decreases bond interest expense.
T、对
F、错
正确答案:

第40题,When the market rate of interest is less than the contract rate for a bond, the bond will sell for a premium.
T、对
F、错
正确答案:

第41题,Bondholders are creditors of the issuing corporation.
T、对
F、错
正确答案:

第42题,The allowance for doubtful accounts is similar to accumulated depreciation in that the account represents the total of all accounts written-off since the beginning year.
T、对
F、错
正确答案:

第43题,The accrual basis of accounting re uires revenue be recorded when cash is received from customers.
T、对
F、错
正确答案:

第44题,When a stock dividend is declared, it becomes a liability
A、错误
B、正确
正确答案:F

第45题,The main reason that the bank statement cash balance and the depositor's cash balance do not initially balance is due to timing differences.
T、对
F、错
正确答案:

第4 题,The balance of the allowance for doubtful accounts is added to accounts receivable on the balance sheet.
A、错误
B、正确
正确答案:

第41题,During inflationary periods, the use of the FIFO method of costing inventory will result in a greater amount of net income than would result from the use of the LIFO cost method.
T、对
F、错
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第48题,The double-entry accounting system records each transaction twice.
A、错误
B、正确
正确答案:

第49题,Overall objective of financial reporting is to provide financial information useful to internal users in making economic decisions.
A、错误
B、正确
正确答案:

答案来源：雅宝题库交流网（www.ybaotk.com）,The declining-balance method is an accelerated depreciation method.
T、对
F、错
正确答案: