厦门大学《会计英语》期末试题及答案

1>AllofthefollowingareassetaccountsexceptC

A.buildingsB.Cash

B.C.suppliesexpenseD.accountsreceivable

2,Acolumninjournalsandledgeraccountsusedtocrossreference

journalandledgerentriesisthe_A.

A.postingreferencecolumnB.descriptioncolumn

B.C.debitcolumnD.accountbalancecolumn

3,Theprice-earningsratioiscalculatedbydividing:C

A.Dividendspersharebyearningspershare.

B.Earningspersharebymarketvaluepershare.

C.Marketvaluepersharebyearningspershare.

D.Marketvaluepersharebydividendspershare.

4.AssetscreatedbysellinggoodsandservicesoncreditareA

A.accountsreceivableB.equity

C.liabilitiesD.expenses

5.Amountsreceivedinadvancefromcustomersforfutureproductsor

services:C

A.Requireanoutlayofcashinthefuture.B.Arerevenues.

C.Areliabilities.D.ArenotallowedunderGAAP.

6.Revenues,expenses,andwithdrawalsaccounts,whichareclosedat

theendofeachaccountingperiodisB

A.ClosingaccountsB.Temporaryaccounts.

C.Realaccounts.D.Balancesheetaccounts.

7..Decreasesinequitythatrepresentcostsofassetsorservicesusedto

earnrevenuesarecalledC

AliabilitiesB.withdrawalsC.expensesD.equity

8.ThepurchasesjournalisusedforrecordingcreditpurchasesT

9.CurrentratiodoesnotaffectacreditorJsdecisiononwhentoallowa

companytobuyoncredit.F

10.Theprimaryobjectiveoffinancialaccountingistoprovidefinancial

statementstohelpexternalusersanalyzeanorganization'sactivities.?

ll.Apartnershipdesignedtoprotectinnocentpartnersfrommalpractice

ornegligenceclaimsresultingfromactsofanotherpartnerisalimited

liabilitypartnership.T

12.Partners'withdrawalsofassetsaredebitedtotheirwithdrawals

accounts.T

13.Depositsintransitaredepositsmadeandrecordedbythedepositor

butnotyetrecordedonthebankstatement.T

14.Cashpaidformerchandiseisanoperatingactivity.T

15.0wner'sinvestmentsareincreasesinequityfromacompany's

earningsactivities.F

16.Whichofthefollowingisanexampleofassets?(C)

A.SalaryexpenseB.unearnedrevenue

C.prepaidexpenseD.accountspayable

17.Theaccountingassumptionthatrequireseverybusinesstobe

accountedforseparatelyfromotherbusinessentities,includingits

ownerorownersisknownasthe:(B)

A.Costprinciple.B.Businessentityassumption.

C.Time-periodassumption.D.Revenuerecognitionprinciple.

18.Therulethatrequiresfinancialstatementstoreflecttheassumption

thatthebusinesswillcontinueoperatinginsteadofbeingclosedorsold,

unlessevidenceshowsthatitwillnotcontinue,isthe(D)

A.Monetaryunitassumption.B.Objectivityprinciple.

C.Businessentityassumption.D.Going-concernassumption.

19.Externalusersofaccountinginformationincludeallofthefollowing

except:(D)

A.Customers.B.Shareholders.

C.Creditors.D.lnternalmanagers.

20.Sourcedocuments:(C)

A.Includethechartofaccounts.B.Mustbeinelectronicform.

C.Arethesourcesofaccountinginformation.D.lncludetheledger.

21.Theaccountingprocessbeginswith:(C)

A.Summarizingtherecordedeffectofbusinesstransactions.

B.Preparingfinancialstatementsandotherreports.

C.Analysisofbusinesstransactionsandsourcedocuments.

0.Presentationoffinancialinformationtodecision-makers.

22.Acollectionofallaccountsandtheirbalancesused

byabusinessiscalleda:(C)

A.Balancecolumnjournal.B.GeneralJournal.

C.Ledger.DJournaL

23.Atrialbalancepreparedafteradjustmentshavebeenrecordedis

calleda(n):(D)

A.CIassifiedbalancesheet.B.Unadjustedtrialbalance.

C.Balancesheet.D.Adjustedtrialbalance.

24.Theapproachtopreparingfinancialstatementsbasedonrecognizing

revenueswhentheyareearnedandmatchingexpensestothose

revenuesis:(C)

A.Thematchingprinciple.B.Revenuebasisaccounting.

C.Accrualbasisaccounting.D.Thetimeperiodassumption.

26,Apartnershipisnotaseparatelegalentityfromthepartners

themselves.(T)

27.Limitedliabilitymeanstheshareholdersareresponsibleforthe

company,sdebtsonlyuptotheamountpaidontheshares.(T)

28.Accountingisaninformationandmeasurementsystemthat

identifies,records,andcommunicatesrelevant,reliable,andcomparable

informationaboutanorganization'sbusinessactivities.(T)

29,Withdrawalsbytheownerareabusinessexpense(F)

30.ArevenueaccountnormallyhasadebitbalancedF)

31,Liabilities:A

A.Mustsometimesbeestimated.

B.Mustalwayshaveadefinitedateforpayment.

C.Mustbeforaspecificamount.

Mustinvolveanoutflowofcash.

32.AcontingentliabilityIsapotentialobligationthatdependsona

futureeventarisingfromapasttransactionorevent.T

33,Intheaccountingrecordsofadefendant,lawsuitshouldberecorded

ifpaymentfordamagesisprobableandtheamountcanbereasonably

estimated.T

34.Unearnedrevenuesareliabilities.T

35.Acompany'sabilitytoissueunsecureddebtdependsonitscredit

standing.?

36.Thecarryingvalueofbondsatmaturityisalwaysequaltothepar

valuethattheissuerpaystheholder.T

37.Thestatementofcashflowsreportsandprovesthenetchangein

cashforareportingperiod.T

38.Retainedearningsgenerallyconsistsofacompany'scumulativenet

incomelessanynetlossesanddividendsdeclaredsinceitsinceptionT

39.Dividendyieldisdefinedasthemarketpricepershareofa

company'sstockdividedbyitsearningspershare.F

40..Bookvaluepercommonshareiscalculatedbydividingstockholders'

equityapplicabletocommonsharesbythenumberofcommonshares

outstandingT

41、Whichofthefollowingaccountingprinciplesprescribesthata

companyrecorditsexpensesincurredtogeneratetherevenuereported?

A

AMatchingprinciple.B.Going-concernassumption.

C.ReliabilityprincipleD.Costprinciple.

42Theincomestatementshowsacompany,snetincomeorlossdueto

earningsactivitiesoveraperiodoftime.T

43.Theprimaryobjectiveoffinancialaccountingistoprovidefinancial

statementstohelpexternalusersanalyzeanorganization'sactivities.T

44.Partners'withdrawalsofassetsaredebitedtotheirwithdrawals

accounts.T

45.Depositsintransitaredepositsmadeandrecordedbythedepositor

butnotyetrecordedonthebankstatement.T

46,Cashpaidformerchandiseisanoperatingactivity.T

47.Thestatementofcashflowsexplainsthedifferencebetweenthe

beginningandendingbalancesofcashandcashequivalents.?

48.Financialstatementanalysismaybeusedforpersonalinvestment

decisions.?

49..Assetscreatedbysellinggoodsandservicesoncreditare_A_

A.accountsreceivableB.equityC.liabilitiesD.expenses

5O.Thefinancialstatementthatshowsthebeginningbalanceofowner's

equity;thechangesinequitythatresultedfromnewinvestmentsbythe

owner,netincome(ornetloss);withdrawals;andtheendingbalance,is

thestatementofowner'sequity.T

51.Managerialaccountingistheareaofaccountingthatprovides

internalreportstoassistthedecisionmakingneedsofinternalusers.T

52.Asageneralrule,revenuesshouldnotberecognizedinthe

accountingrecordsuntilitisreceivedincashF

53.Assetsaretheresourcesofacompanyandareexpectedtoyield

futurebenefits.T

54.Thebalancesheetisbasedontheaccountingequation.T

55.Thethreemajortypesofbusinessactivitiesareoperating,financing,

andinvesting.?

56.Whenacompanyprovidesservicesforwhichcashwillnotbe

receiveduntilsomefuturedate,thecompanyshouldrecordtheamount

chargedasunearnedrevenue.F

57.lnadouble-entryaccountingsystem,thetotalamountdebitedmust

alwaysequalthetotalamountcredited.?

58.Ajournalgivesacompleterecordofeachtransactioninoneplace,

andshowsthedebitsandcreditsforeachtransaction.T

59.Postingisthetransferofjournalentryinformationtotheledger.T

60.Generally,theorderingofaccountsinatrialbalancetypicallyfollows

theiridentificationnumberfromthechartofaccounts,thatis,assets

first,thenliabilities,thenowner'scapitalandwithdrawals,followedby

revenuesandexpenses.T

61.Incurredbutunpaidexpensesthatarerecordedduringtheadjusting

processwithadebittoanexpenseandacredittoaliabilityare:D

A.Netexpenses.B.Intangibleexpenses

.C.Prepaidexpenses.D.Accruedexpenses.

62.Theadjustingentrytorecordanaccruedexpenseisincreasean

expense;increasealiability.T

63.Financialstatementscanbeprepareddirectlyfrominformationinthe

adjustedtrialbalance.?

64.Anadjustedtrialbalanceisalistofaccountsandbalancesprepared

afteradjustingentrieshavebeenrecordedandpostedtotheled