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

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,A characteristic of a fixed asset is that it is （ ）A、intangibleB、used in the operations of a businessC、held for sale in the ordinary course of the businessD、none of the above正确答案:第2题,How is treasury stock shown on the balance sheet?A、as an assetB、as a decrease in stockholders equityC、as an increase in stockholders equityD、treasury stock is not shown on the balance sheet正确答案:第3题,When the market rate of interest on bonds is higher than the contract rate, the bonds will sell at ( )A、a premiumB、their face valueC、their maturity valueD、a discount正确答案:第4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5题,Which of the following should not be considered cash by an accountant?A、coinsB、bank checking accountsC、postage stampsD、Petty cash funds正确答案:第6题,The two most common specialized fields of accounting in practice are( )A、forensic accounting and financial accountingB、managerial accounting and financial accountingC、managerial accounting and environmental accountingD、financial accounting and tax accounting systems正确答案:第7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8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9题,What is the type of account and normal balance of Allowance for Doubtful Accounts?A、Contra asset, creditB、Asset, debitC、Asset, creditD、Contra asset, debit正确答案:第10题,The business entity concept means thatA、the owner is part of the business entityB、an entity is organized according to state or federal statutesC、an entity is organized according to the rules set by the FASBD、the entity is an individual economic unit for which data are recorded, analyzed, and reported正确答案:第11题,Cash dividends are usually not paid on which of the following?A、class B common stockB、preferred stockC、treasury stockD、class A common stock正确答案:第12题,All of the following occur with a double-entry accounting system except:A、The accounting equation remains in balance.B、Each business transaction will have only two entries.C、Every transaction affects at least two accountsD、The sum of all debits is always equal to the sum of all credits in each journal entry.正确答案:第13题,Which of the following entries records the acquisition of office supplies on account?A、Office Supplies, debit; Cash, creditB、Cash, debit; Office Supplies, creditC、Office Supplies, debit; Accounts Payable, creditD、Accounts Receivable, debit; Office Supplies, credit正确答案:第14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15题,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正确答案:第16题,A characteristic of a fixed asset is that it is ( )A、intangibleB、used in the operations of a businessC、held for sale in the ordinary course of the businessD、none of the above正确答案:第17题,Which of the following financial statements reports information as of a specific date?A、income statementB、statement of owners equityC、statement of cash flowsD、balance sheet正确答案:第18题,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 bondsB、unsecured bondsC、debenture bondsD、callable bonds正确答案:第19题,Using a perpetual inventory system, the entry to record the return from a customer of merchandise sold on account includes aA、credit to Sales Returns and AllowancesB、debit to Merchandise InventoryC、credit to Merchandise InventoryD、debit to Cost of Merchandise Sold正确答案:第20题,The ability of a business to pay its debts as they come due and to earn a reasonable amount of income is referred to as （ ）A、solvency and leverageB、solvency and profitabilityC、solvency and liquidityD、solvency and equity正确答案:第21题,Paying an account payable increases liabilities and decreases assetsT、对F、错正确答案:F第22题,The book value of a fixed asset reported on the balance sheet represents its market value on that date.T、对F、错正确答案:F第23题,Under the perpetual inventory system, when a sale is made, both the sale and cost of merchandise sold are recorded.T、对F、错正确答案:T第24题,A balance sheet is a list of the assets, liabilities, and owners equity of a business for a period of time.A、错误B、正确正确答案:第25题,During inflationary periods, the use of the LIFO method of costing inventory will result in a greater amount of net income than would result from the use of the FIFO method.A、错误B、正确正确答案:第26题,If bonds are sold for a discount, the carrying value of the bonds is equal to the face value less the unamortized discount.T、对F、错正确答案:T第27题,When a stock dividend is declared, it becomes a liabilityA、错误B、正确正确答案:第28题,Bonds are sold at face value when the contract rate is equal to the market rate of interest.T、对F、错正确答案:T第29题,The prices of bonds are quoted as a percentage of the bonds market value.A、错误B、正确正确答案:第30题,The journal entry to record the cost of warranty repairs that were incurred during the current period, but related to sales made in prior years, includes a debit to Warranty Expense.T、对F、错正确答案:T第31题,The accounting equation can be expressed as Assets - Liabilities = Owners Equity.T、对F、错正确答案:T第32题,In preparing bank reconciliation, the amount of deposits in transit is deducted from the balance per bank statement.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:F第34题,If the debit portion of an adjusting entry is to an asset account, then the credit portion must be to a liability account.A、错误B、正确正确答案:第35题,A corporation is a business that is legally separate and distinct from its owners.A、错误B、正确正确答案:第36题,For strong internal control system over cash, it is important to have the duties related to cash receipts and cash payments divided among different employees.A、错误B、正确正确答案:第37题,Liability accounts are increased by debits.T、对F、错正确答案:F第38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39题,Even when a trial balance is in balance, there may be errors in the individual accounts.T、对F、错正确答案:T第40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41题,An account receivable is typically classified as a revenue.T、对F、错正确答案:F第42题,Investments in stocks that are expected to be held for the long term are listed in the stockholders equity section of the balance sheet.T、对F、错正确答案:F第43题,A balance sheet is a list of the assets, liabilities, and owners equity of a business for a period of time.T、对F、错正确答案:F第44题,Accounting Process is identifying, measuring, recording, and communicating economic information to permit informed judgments and de