南开19春学期(1709、1803、1809、1903)《会计专业英语》在线作业1

谋学网【奥鹏】南开大学19春学期（1709、1803、1809、1903）会计专业英语在线作业试卷总分:100 得分:100第1题,The two methods of accounting for investments in stock are the cost method and the ( )A、straight-line methodB、equity methodC、liability methodD、interest method正确答案:第2题,A business paid $7,000 to a creditor in payment of an amount owed. The effect of the transaction on the accounting equation was toA、increase one asset, decrease another assetB、decrease an asset, decrease a liabilityC、increase an asset, increase a liabilityD、increase an asset, increase owners equity正确答案:第3题,If preferred stock has dividends in arrears, the preferred stock must be ( )A、participatingB、callableC、cumulativeD、convertible正确答案:第4题,Which statement below is not a reason for a corporation to buy back its own stock.A、resale to employeesB、bonus to employeesC、for supporting the market price of the stockD、to increase the shares outstanding正确答案:第5题,The most widely used depreciation method isA、straight-lineB、sum-of-the-years-digitsC、declining-balanceD、units-of-production正确答案:第6题,Under which method of cost flows is the inventory assumed to be composed of the most recent costs?A、average costB、last-in, first-outC、first-in, first-outD、weighted average正确答案:第7题,On the balance sheet, the amount shown for the Allowance for Doubtful Accounts is equal to the ( )A、Uncollectible accounts expense for the yearB、total of the accounts receivables written-off during the yearC、total estimated uncollectible accounts as of the end of the yearD、sum of all accounts that are past due.正确答案:第8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 accountB、future period when the cost of repairing the product is paidC、period of the sale of the productD、future period when the product is repaired or replaced正确答案:第9题,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 understatedD、merchandise inventory reported on the balance sheet is overstated正确答案:第10题,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 understatedD、merchandise inventory reported on the balance sheet is overstated正确答案:第11题,The amount of the outstanding checks is included on the bank reconciliation as a(n) （ ）A、deduction from the balance per depositors recordsB、addition to the balance per bank statementC、deduction from the balance per bank statementD、addition to the balance per depositors records正确答案:第12题,Financial reports are used by（ ）A、managementB、creditorsC、investorsD、all of the above正确答案:第13题,Which of the following groups are considered to be internal users of accounting information?A、Employees and customersB、Customers and vendorsC、Employees and managersD、Government and banks正确答案:第14题,The term inventory indicates ( )A、merchandise held for sale in the normal course of businessB、materials in the process of production or held for productionC、suppliesD、both A and B正确答案:第15题,Expenses are reported on the（ ）A、income statementB、statement of owners equityC、statement of cash flowsD、balance sheet正确答案:第16题,The accounting equation may be expressed as（ ）A、Assets = Equities - LiabilitiesB、Assets + Liabilities = Owners EquityC、Assets = Revenues less LiabilitiesD、Assets - Liabilities = Owners Equity正确答案:第17题,Profit is the difference betweenA、assets and liabilitiesB、the incoming cash and outgoing cashC、he assets purchased with cash contributed by the owner and the cash spent to operate the businessD、the amounts received from customers for goods or services and the amounts paid forthe inputs used to provide the goods or services正确答案:第18题,Cash investments made by the owner to the business are reported on the statement of cash flows in theA、financing activities sectionB、investing activities sectionC、operating activities sectionD、supplemental statement正确答案:第19题,Which of the following is not included in the computation of the quick ratio?A、inventoryB、marketable securitiesC、accounts receivableD、cash正确答案:第20题,The measurement bases exclude( )A、Historical costB、Current costC、Sale priceD、Present value正确答案:第21题,Bondholders claims on the assets of the corporation rank ahead of stockholders.A、错误B、正确正确答案:第22题,During inflationary periods, an advantage of the LIFO inventory cost method is that it matches more recent costs against current revenues.T、对F、错正确答案:T第23题,An account receivable is a claim against a customer arising from a sale on account.T、对F、错正确答案:T第24题,Liabilities that will be due within one year or less and that are to be paid out of current assets are called current liabilities.T、对F、错正确答案:T第25题,An account receivable is a claim against a customer arising from a sale on account.A、错误B、正确正确答案:第26题,Primary users of accounting information are accountants.A、错误B、正确正确答案:第27题,Bondholders are creditors of the issuing corporation.A、错误B、正确正确答案:第28题,A large retained earnings account means that there is cash available to pay dividends.T、对F、错正确答案:F第29题,In establishing a petty cash fund, a check is written for the amount of the fund and is recorded as a debit to Accounts Payable and a credit to Petty Cash.A、错误B、正确正确答案:第30题,In preparing bank reconciliation, the amount of deposits in transit is deducted from the balance per bank statement.T、对F、错正确答案:F第31题,The declaration and issuance of a stock dividend does not affect the total amount of a corporations assets, liabilities, or stockholders equity.T、对F、错正确答案:T第32题,In establishing a petty cash fund, a check is written for the amount of the fund and is recorded as a debit to Accounts Payable and a credit to Petty Cash.T、对F、错正确答案:F第33题,The declaration of a stock dividend decreases a corporations stockholders equity and increases its liabilities.T、对F、错正确答案:F第34题,The effect of a sales return and allowance is a reduction in sales revenue and a decrease in cash or accounts receivable.A、错误B、正确正确答案:第35题,The statement of cash flows consists of an operating section, an income section, and an equity section.A、错误B、正确正确答案:第36题,The amortization of a premium on bonds payable decreases bond interest expense.T、对F、错正确答案:T第37题,The equity 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38题,Accrued expenses are expenses that have been incurred but not yet paid in cash and there is no original entry.T、对F、错正确答案:T第39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:第40题,If a firm has a quick ratio of 1, the subsequent payment of an account payable will cause the ratio to increase.T、对F、错正确答案:F第41题,Dividends in arrears are liabilities of the corporation.T、对F、错正确答案:F第42题,The book value of a fixed asset reported on the balance sheet represents its market value on that date.A、错误B、正确正确答案:第43题,If a firm has a quick ratio of 1, the subsequent payment of an account payable will cause the ratio to increase.A、错误B、正确正确答案:第44题,An income statement is a summary of the revenues and expenses of a bus