会计专业英语模拟试题及答案汇编

1、学习好资料会计专业英语模拟试题及答案一、单选题 （每题 1 分，共 20 分）1. Which of the following statements about accounting concepts or assumptions are correct? 1） The money measurement assumption is that items in accounts are initially measured at their historical cost.2） In order to achieve comparability it may sometimes be nec

2、essaryto override the prudence concept.3） To facilitate comparisons between different entities it is helpful if accounting policiesand changes in them are disclosed.4） To comply with the law, the legal form of a transaction must always be reflected in financial statements.A 1 and 3B 1 and 4C 3 onlyD

3、 2 and 32. Johnny had receivables of $5 500 at the start of 2010. During the year to 31 Dec 2010 he makes credit sales of $55 000 and receives cash of $46 500 from credit customers.What is the balance on the accounts receivables at 31 Dec 2010? A. $8 500 DrB. $8 500 CrC. $14 000 DrD. $14 000 Cr3. Sh

4、ould dividends paid appear on the face of a companycash flow statesment?A. YesB. NoC. Not sureD. Either4. Which of the followinginventory valuation methods is likely to lead to the highest figure for closing inventory at a time when prices are dropping?A. Weighted Average costB. First in first out (

5、FIFO)C. Last in first out (LIFO)D. Unit cost更多精品文档5. Which of following items may appear as non-currentassets in a company of financial position?(1) plant, equipment, and property(2) company car(3) ?4000 cash(4) ?1000 cheque A. (1), (3)thestsatementB. (1), (2)C. (2), (3)D. (2), (4)6. Whi ch of the f

6、ollowing items may appear ascurrent liabilities in a company s balance sheet?(1) investment in subsidiary(2) Loan matured within one year.(3) income tax accrued untill year end.(4) Preference dividend accrued A (1), (2) and (3)B (1), (2) and (4)C (1), (3) and (4)D (2), (3) and (4)7. The trial balanc

7、e totals of Gamma at 30 September 2010 are: Debit $992,640Credit $1,026,480Which TWO of the following possible errors could, when corrected, cause the trial balance to agree?1. An itemin the cash book $6,160 for payment of rent has not been entered in the rentpayable account.2. The balance on the mo

8、tor expensesaccount $27,680 has incorrectly been listed in the trial balance as a credit.3. $6,160 proceeds of sale of a motor vehicle has been posted to the debit of motor vehicles asset account.4. The balance of $21,520 on the rent receivable account has been omitted from the trial balance.A 1 and

9、 2B 2 and 3C 2 and 4D 3 and 48. Theta prepares its financial statements for the year to 30 April each year. The company pays rent for its premises quarterly in advance on 1 January, 1 April, 1 July and 1 October each year. The annual rent was $84,000 per year until 30 June 2010. It was increased fro

10、m that date to $96,000 per year. What rent expense and end of year prepayment should be included in the financial statements for the year ended 30 April 2010?ExpensePrepaymentA $93,000$8,000B $93,000$16,000C $94,000$8,000D $94,000$16,0009. At 30 September 2010, the following balances existed in the

11、records of Lambda: Plant and equipment:$860,000Depreciation for plant and equipment: $397,000During the year ended 30 September 2010, plant with a written down value of $37,000 was sold for $49,000. The plant had originally cost $80,000. Plant purchasedduring the year cost $180,000. It is the compan

12、y.s policy to charge a full year depreciation in the year of acquisition of an asset and none in the year of sale, using a rate of 10% on the straight line basis. What net amount should appear in Lambda.s balance sheet at 30 September 2010 for plant and equipment?A $563,000 B $467,000 C $510,000 D $

13、606,00010. A company s plant and machinery ledger account ftohre year ended 30 September 2010 was as follows:Plant and machinerycost2009$2010$1 October balance b/f381 2001 June Disposal36 0001 Dec cash18 00030 Sept balance c/f363 200399 200399 20030 Sept balance b/f363 200The company s policy is to

14、charge depreciation at 20% per year on the straight line basis, with proportionate depreciation in years of purchase and disposal. What is the depreciation charge for the year ended 30 September 2010?A $74,440 B $84,040 C $72,640 D $76,84011. Listed below are some characteristics of financial inform

15、ation.(1) True(2) Prudence(3) Completeness(4) CorrectWhich of these characteristics contribute to reliability? A (1), (3) and (4) onlyB (1), (2) and (4) onlyC (1), (2) and (3) onlyD (2), (3) and (4) only12. The plant and machinery cost account of a company is shown below. The company policy is to ch

16、arge depreciation at 20% on the straight line basis, withproportionate depreciation in years of acquisition and disposal.Plant and machinerycost2009$2009$1 Jan balance b/f280 00030 June disposal14 0001Apr cash48 0001Sept cash36 00031 Dec balance c/f350 000364 000364 000Balance b/f350 000What should

17、be the depreciation charge for the year ended 31 December 2009? A.$67,000B.$64,200C.$70,000D.$68,60013. In preparing its financial statements for the current year, a companyng inventory s closiwas understated by $300,000. What will be the effect of this error if it remains uncorrected?A The current

18、year s profit will be overstated and next year s profit will be underst B The current year s profit will be understatedbut there will be no effecton next year sprofitC The current year s profit will be understated and next year s profit will be overstat D The current year psrofit will be overstated

19、but there willbe no effect on next year sprofit.14. In preparing a companys cash flow statement, which, if any, of the followingitems could form part of the calculation of cash flow from financing activities?(1) Proceeds of sale of premises(2) Dividends received(3) Issue of shares A 1 onlyB 2 onlyC

20、3 onlyD None of them.15. At 31 March 2009 a company had oil in hand to be used for heating costing $8,200 and an unpaid heating oil bill for $3,600. At 31 March 2010 the heating oil in hand was $9,300 and there was an outstanding heating oil billof $3,200. Payments made for heating oil during the ye

21、ar ended 31 March 2010 totalled $34,600. Based on these figures, what amount should appear in the company s income statement for heatingyoeilafro?r theA $23,900B $36,100 C $45,300 D $33,10016. In times of inflation In times of rising prices, what effect does the use of the historical cost concept ha

22、ve on a company s asset values and profit?A. Asset values and profit both undervaluedB. Asset values and profit both overvaluedC. Asset values undervalued and profit overvaluedD. Asset values overvalued and profit undervalued17. Beta purchased some plant and equipment on 01/07/2010 for $60,000. The

23、estimated residual value of the plant in 10 years time is estimated to be $6,000. Beta s policytois charge depreciation on the straight line basis, with a proportionate charge in the period of acquisition. What should the depreciation charge for the plant be in Beta asccounting period of 18 months t

24、o 30/09/2010 ?A.$5400B.$900C.$1350D.$67518. A company isncome statement for the year ended 31 December 2005 showed a net profit of $83,600. It was later found that $18,000 paid for the purchase of a motor van hadbeen debited to the motor expenses account. It is the company s policy to depreciate van

25、s at 25 per cent per year on the straight line basis, with a full eyar s crhgae in the year of acquisition. What would the net profit be after adjusting for this error?A. $97,100B. $70,100C. $106,100D. $101,60019. Which of the following statements are correct?(1) to be prudent, company charge deprec

26、iation annually on the fixed asset(2) substance over form means that the commercial effect of a transaction must always be shown in the financial statements even if this differs from legal form(3) in order to achieve the comparable, items should be treated in the same way year on yearA. 2 and 3 only

27、B. All of themC. 1 and 2 onlyD. 3 only20. which of the following about accruals concept are correct?(1) all financial statements are based on the accruals concept(2) the underlying theory of accruals concept and matching concept are same(3) accruals concept deals with any figure that incurred in the

28、 period irrelevant with it or notA. 2 and 3 onlyB. All of themC. 1 and 2 onlyD. 3 only二、翻译题 （共 30 分）1、将下列分录翻译成英文（每个 2 分，共 10 分）1.借：固定资产清理30 000累计折旧10 000贷：固定资产40 0002.借：银行存款10 500贷：交易性金融资产10 000投资收益5003借：应付职工薪酬1 000贷：库存现金1 0004借：银行存款4 095贷：其他业务收入3 500应交税费 应交增值税（销项税额）5955借：应付票据40 000贷：银行存款40 0002、将下列

29、报表翻译成中文 （每空 1 分，共 20 分）1. ABC group the statement of financial position as at 31/Dec/2010?2. Non-current assets3. Intangible assets4. Property, plant and equipment5. Investment in associates6. Held-for-maturity investment7. Deferred income tax assets8. Current Assets9. Trade and other receivables10.

30、 Derivative financial instruments11. Cash and cash equivalents12. Assets of discontinued operation13. Assets in total14. Current Liabilities15. Accrued payroll16. Accrued dividend17. Accrued accounts18. Non-current Liabilities19. Liabilities in total20. Net Assets三、阅读题（共 30 分）Research and developmen

31、t (R&D) Accounting treatment of R&DUnder International Accounting Standards the accounting for R&D is dealt with under IAS38, Intangible Assets. IAS 38 states that an intangible asset is to be recognised if, and onlyif, the following criteria are met: it is probable that future economic

32、benefits from the asset will flow to the entity, the cost of the asset can be reliably measured.The above recognition criteria look straightforward enough, but in reality it can prove to be very difficult to assess whether or not these have been met. In order to make this recognition of intangibles

33、more clear, IAS 38 separatesan R&D project into a research phase and a development phase.Research phaseIt is impossible to demonstrate whether or not a product or service at the research stage will generate any probable future economic benefit. As a result, IAS38 states that all expenditure incu

34、rred at the research stage should be written offto the statement of comprehensive income as an expense when incurred, and willnever be capitalised as an intangible asset.Development phaseUnder IAS 38, an intangible asset arising from development must be capitalised if an entity can demonstrate all o

35、f the followingcriteria: the technical feasibility of completing the intangible asset (so that it will be available for use or sale); intention to complete and use or sell the asset; ability to use or sell the asset; existence of a market or, if to be used internally, the usefulness of the asset; av

36、ailability of adequate technical, financial, and other resources to complete the asset; the cost of the asset can be measured reliably. Ifany of the recognition criteria are not met then the expenditure must be charged to the income statement as incurred. Note that if the recognition criteria have b

37、een met, capitalisation must take place. Once development costs have been capitalised, the asset should be amortised in accordance with the accruals concept over its finite life. Amortisation must only begin when commercial production has commenced.Questions:1) Outline the criterias of recognition o

38、f intangible assets（5 分）2) Criterias to recognised as development (5分)3) Identify the accounting treatment of research phas（e 10 分）4) Identify the accounting treatment of development phase（10 分）四、业务题（按要求用英文编制分录，每题2 分，共 20 分）Johnny set up a business and in the first a few days of trading the followin

39、g transactions occurred (ignore all the tax):1) He invests $80 000 of his money in his business bank account2) He then buys goods from Isabel, a supplier for $4 000 and pays by cheque, the goods is delivered right after the payment3) A sale is made for $3 000the customer pays by cheque4) Johnny make

40、s another sale for $2 000 and the customer promises to pay in the future5) He then buys goods from another supplier, Kamen, for $2 000 on credit, goods is delivered on time6) He pays a telephone bill of $800 by cheque7) The credit customer pays the balance on his account8) He returened some faulty g

41、oods to his supplier Kamen, which worth $400.9) Bank interest of $70 is received10) A cheque customer returned $400 goods to him for a refund参考答案1、 单选题1-5 CCACB 6-10 DCDCD 11-15 ABCDD 16-20 CBABA2、 翻译题1）中翻英1.2. Drdisposal of fixed asset DepreciationCrfixed asset3. Dr BankCrTradable financial asset I

42、nvestment income3Dr accrued payrollCr cash 4Dr bankCr other operating revenue Accrued tax-VAT (output)5Dr accrued notesCr bank2) 英翻中1. 编制单位： ABC 资产负债表 时间： 2010 年 12 月 31 日 单位：欧元2. 非流动资产3. 无形资产4.5. 固定资产6. 长期股权投资7.8. 持有至到期投资9. 递延所得税资产10.11. 流动资产12. 应收账款及其他应收款13.14. 货币资金15. 非持续性经营资产16. 资产总计17.18. 负债19. 流动负债20. 应付职工薪酬21. 应付股利22. 应付账款23. 非流动负债24. 负债总计25. 净资产3、阅读题1) Outline the criterias of recognition of intangible assets（5 分）IAS 38 states that an intangible asset is to be recognised if, and only if, the following criteria are met: it is probable that future economic benefit