四川轻化工大学《Financial Reporting》2024-2025 学年第一学期期末试卷

班级学班级学号姓名本科．．．．．．．．．．．．．．．．．．．．．．．．．．．．．．密．．．．．．．．．．．．．．．．．．．．．．．．．．．．．．封．．．．．．．．．．．．．．．．．．．．．．．．．．．．．．线．．．．．．．．．．．．．．．．．．．．．．．．．．．．．．试卷说明：1、试卷满分100分，120分钟完成试卷；2、钢笔或圆珠笔直接答在试题中（除题目有特殊规定外）；3、答卷前将密封线内的项目填写清楚。题号一二三四五总分合分人复核人满分100得分一、单项选择题（本大题总共15小题，每题2分，共30分）1.WhichofthefollowingisnotanelementoffinancialstatementsaccordingtotheConceptualFramework?A.AssetsB.LiabilitiesC.RevenueD.Cashflowstatement2.Theprocessofrecognizingrevenuefromthesaleofgoodstypicallyinvolvesallofthefollowingexcept:A.IdentifyingthecontractwiththecustomerB.DeterminingthetransactionpriceC.AllocatingthetransactionpricetotheperformanceobligationsD.Recognizingrevenuewhenthecustomerplacesanorder3.Whichofthefollowingstatementsaboutinventoryvaluationmethodsiscorrect?A.FIFOresultsinalowercostofgoodssoldduringperiodsofrisingpricescomparedtoLIFO.B.LIFOresultsinahigherendinginventoryvalueduringperiodsofrisingpricescomparedtoFIFO.C.WeightedaveragecostmethodgivesthesamecostofgoodssoldandendinginventoryvaluesasFIFOinallcases.D.Specificidentificationmethodisusedwheninventoryitemsarenotdistinguishablefromeachother.4.Acompanypurchasedapieceofequipmentfor$100,000.Theequipmenthasanestimatedusefullifeof5yearsandanestimatedresidualvalueof$10,000.Usingthestraight-linedepreciationmethod,theannualdepreciationexpenseis:A.$18,000B.$20,000C.$22,000D.$24,0005.Whichofthefollowingisanexampleofanintangibleasset?A.LandB.BuildingsC.PatentsD.Inventory6.Theimpairmenttestforanintangibleassetwithanindefiniteusefullifeiscarriedout:A.AnnuallyB.EverytwoyearsC.OnlywhenthereisanindicationofimpairmentD.Never7.Whenacompanyissuesbondsatapremium,thecarryingamountofthebonds:A.IncreasesovertimeB.DecreasesovertimeC.RemainsconstantD.Firstincreasesandthendecreases8.Whichofthefollowingisacharacteristicofaliability?A.Itrepresentsafutureeconomicbenefit.B.Itisapresentobligationarisingfrompastevents.C.Itisalwayspayableincash.D.Itisnotrelatedtothecompany'soperations.9.Acompany'saccountsreceivableturnoverratioiscalculatedas:A.NetcreditsalesdividedbyaverageaccountsreceivableB.CostofgoodssolddividedbyaverageaccountsreceivableC.NetcreditsalesdividedbyendingaccountsreceivableD.Costofgoodssolddividedbyendingaccountsreceivable10.Whichofthefollowingfinancialratiosisusedtoassessacompany'sshort-termliquidity?A.ReturnonequityB.Debt-to-equityratioC.CurrentratioD.Earningspershare11.Thestatementofcashflowsclassifiescashflowsintoallofthefollowingcategoriesexcept:A.OperatingactivitiesB.InvestingactivitiesC.FinancingactivitiesD.Marketingactivities12.Whichofthefollowingtransactionswouldbeclassifiedasaninvestingactivityinthestatementofcashflows?A.IssuingcommonstockforcashB.PayingdividendstoshareholdersC.PurchasingabuildingforcashD.Sellinggoodsoncredit13.Undertheaccrualbasisofaccounting,revenueisrecognizedwhen:A.CashisreceivedB.ThegoodsaredeliveredortheservicesareprovidedC.TheorderisplacedbythecustomerD.Theinvoiceisissued14.Whichofthefollowingisnotacomponentofcomprehensiveincome?A.NetincomeB.OthercomprehensiveincomeC.RevenueD.Lossondisposalofassets15.Acompany'sretainedearningsatthebeginningoftheyearwere$100,000.Netincomefortheyearwas$50,000anddividendsdeclaredwere$20,000.Theretainedearningsattheendoftheyearare:A.$130,000B.$15,000C.$120,000D.$80,000二、多项选择题（本大题总共5题，每题4分，共20分）1.Whichofthefollowingarecriteriaforrecognizingrevenuefromtherenderingofservices?(Selectallthatapply)A.Theamountofrevenuecanbemeasuredreliably.B.Itisprobablethattheeconomicbenefitsassociatedwiththetransactionwillflowtotheentity.C.Thestageofcompletionofthetransactionattheendofthereportingperiodcanbemeasuredreliably.D.Thecostsincurredforthetransactionandthecoststocompletethetransactioncanbemeasuredreliably.2.Whichofthefollowingmethodscanbeusedtoestimatetheusefullifeofanasset?(Selectallthatapply)A.Company'spastexperiencewithsimilarassetsB.IndustrystandardsC.Manufacturer'srecommendationsD.Management'sjudgment3.Whichofthefollowingarecharacteristicsofabond?(Selectallthatapply)A.Itisadebtinstrument.B.Itpaysinterestperiodically.C.Ithasamaturitydate.D.Itrepresentsownershipinthecompanyforthebondholder.4.Whichofthefollowingfinancialratiosareusedtoassessacompany'sprofitability?(Selectallthatapply)A.GrossprofitmarginB.ReturnonassetsC.InventoryturnoverratioD.Debtratio5.Whichofthefollowingitemsareincludedinthestatementofchangesinequity?(Selectallthatapply)A.ProfitorlossfortheperiodB.DividendsdeclaredC.Revaluationofproperty,plant,andequipmentD.Issueofnewshares三、判断题（本大题总共6题，每题4分，共24分）1.Revenuefromthesaleofgoodsshouldberecognizedwhenthecustomerpaysforthegoods.(True/False)2.Thecostofanintangibleassetshouldbeamortizedoveritsusefullife.(True/False)3.Whenacompanypaysinterestonitsbonds,itreducesthecarryingamountofthebonds.(True/False)4.Ahighaccountsreceivableturnoverratioindicatesthatacompanyiscollectingitsreceivablesquickly.(True/False)5.Thestatementofcashflowsshowsthecashinflowsandoutflowsfromoperating,investing,andfinancingactivitiesduringaspecificperiod.(True/False)6.Comprehensiveincomeincludesbothnetincomeandothercomprehensiveincome.(True/False)四、简答题（本大题总共2题，每题6分，共12分）1.Explainthedifferencebetweendepreciationandamortization.2.Howistheweightedaveragecostofinventorycalculated?五、综合题（14分）Acompanyhadthefollowingtransactionsduringtheyear:1.Soldgoodsfor$500,000oncredit.Thecostofgoodssoldwas$300,000.Thecompanyusestheperpetualinventorysystem.2.Purchasedinventoryfor$200,000oncredit.3.Collected$400,000fromaccountsreceivable.4.Paid$150,000toaccountspayable.5.Recordeddepreciationexpenseof$2