MPAcc会计专业英语考试资料试题冲刺卷

MPAcc会计专业英语考试资料试题冲刺卷考试时长：120分钟满分：100分班级：__________姓名：__________学号：__________得分：__________一、单选题（总共10题，每题2分，总分20分）1.Theterm"accruedexpenses"inaccountingreferstoexpensesthathavebeenincurredbutnotyetpaid.Whichofthefollowingstatementsiscorrectregardingaccruedexpenses?A)Theyarerecordedasliabilitiesonthebalancesheet.B)Theyarerecordedasrevenuesontheincomestatement.C)Theyarenotrecognizedinfinancialstatementsuntilpaymentismade.D)Theyareconsideredcapitalexpenditures.2.Inthecontextoffinancialreporting,"goingconcern"assumptionmeansthat:A)Thecompanyexpectstoliquidateitsassetswithinoneyear.B)Thecompanyisonlyprofitableintheshortterm.C)Thecompanywillcontinueitsoperationsindefinitelyunlessthereissubstantialdoubtaboutitsabilitytodoso.D)Thecompanymustreportallitsdebtsinthebalancesheetimmediately.3.Whichofthefollowingisakeydifferencebetweenthecashbasisandaccrualbasisofaccounting?A)Cashbasisrecordsrevenueswhenearned,whileaccrualbasisrecordswhencashisreceived.B)Cashbasisismorecomplexthanaccrualbasis.C)Accrualbasisisonlyusedbylargecorporations.D)Cashbasisisillegalinmostcountries.4.The"matchingprinciple"inaccountingstatesthat:A)Expensesshouldberecognizedintheperiodtheyareincurred,regardlessofwhencashispaid.B)Revenuesshouldberecordedonlywhencashisreceived.C)Assetsshouldbeexpensedimmediately.D)Liabilitiesarenotrecognizedinfinancialstatements.5.A"contra-assetaccount"isusedto:A)Increasethevalueofanasset.B)Decreasethevalueofanasset.C)Increasethevalueofaliability.D)Decreasethevalueofanequityaccount.6.The"goldenrule"ofaccountingisoftensummarizedas:A)Debitwhatcomesin,creditwhatgoesout.B)Debitexpenses,creditrevenues.C)Debitliabilities,creditassets.D)Debitcash,creditaccountsreceivable.7.Inthecontextofinternationalfinancialreporting,"IFRS"standsfor:A)InternationalFinancialReportingStandards.B)InternationalFinancialRiskStandards.C)InternationalFinancialRegulationStandards.D)InternationalFinancialReportingSystem.8.The"break-evenpoint"incostaccountingisthepointwhere:A)Totalrevenuesequaltotalcosts.B)Totalrevenuesexceedtotalcosts.C)Totalcostsexceedtotalrevenues.D)Fixedcostsarezero.9.A"currentasset"istypicallydefinedasanassetthatisexpectedtobeconvertedintocashorusedupwithin:A)Oneyear.B)Fiveyears.C)Tenyears.D)Indefinitely.10.The"matchingprinciple"ismostcloselyassociatedwithwhichaccountingconcept?A)Conservatism.B)Materiality.C)Consistency.D)Revenuerecognition.二、填空题（总共10题，每题2分，总分20分）1.Theprocessofrecordingfinancialtransactionsinasystematicmanneriscalled________.2.A"balancesheet"providesasnapshotofacompany'sfinancialpositionataspecific________.3.The"accrualbasis"ofaccountingrecognizesrevenuesandexpenseswhentheyare________.4.A"contra-assetaccount"isusedtoreducethevalueofan________.5.The"goldenrule"ofaccountingisoftensummarizedas"debitwhatcomesin,creditwhatgoesout,"whichappliesto________accounts.6.The"break-evenpoint"isthepointwheretotalrevenuesequaltotal________.7.A"currentasset"istypicallydefinedasanassetthatisexpectedtobeconvertedintocashorusedupwithin________.8.The"matchingprinciple"statesthatexpensesshouldberecognizedintheperiodtheyare________.9.The"IFRS"standsfor________inthecontextofinternationalfinancialreporting.10.The"contra-assetaccount"mostcommonlyusedis________.三、判断题（总共10题，每题2分，总分20分）1.Accruedexpensesarerecordedasliabilitiesonthebalancesheet.(True/False)2.The"goingconcern"assumptionimpliesthatacompanywillliquidateitsassetswithinoneyear.(True/False)3.Thecashbasisofaccountingissimplerthantheaccrualbasis.(True/False)4.The"matchingprinciple"requiresthatexpensesberecognizedintheperiodtheyareincurred,regardlessofwhencashispaid.(True/False)5.A"contra-assetaccount"increasesthevalueofanasset.(True/False)6.The"goldenrule"ofaccountingis"debitwhatcomesin,creditwhatgoesout."(True/False)7."IFRS"standsforInternationalFinancialReportingStandards.(True/False)8.The"break-evenpoint"isthepointwheretotalrevenuesexceedtotalcosts.(True/False)9.A"currentasset"istypicallydefinedasanassetthatisexpectedtobeconvertedintocashorusedupwithinoneyear.(True/False)10.The"matchingprinciple"ismostcloselyassociatedwiththerevenuerecognitionprinciple.(True/False)四、简答题（总共3题，每题4分，总分12分）1.Explainthedifferencebetweenthecashbasisandaccrualbasisofaccounting.2.Whatisthe"matchingprinciple"inaccounting,andwhyisitimportant?3.Describethepurposeofa"contra-assetaccount"infinancialstatements.五、应用题（总共2题，每题9分，总分18分）1.AcompanyincurredthefollowingtransactionsinJune:-Received$10,000incashfromcustomers.-Providedservicesworth$8,000oncredit.-Paid$3,000forrent.-Incurred$2,000insalariesbuthavenotyetpaidthem.Usingtheaccrualbasisofaccounting,prepareajournalentryforeachtransaction.2.Acompanyhasfixedcostsof$20,000permonthandavariablecostof$5perunit.Ifthesellingpriceperunitis$15,calculatethebreak-evenpointinunitsandindollars.【标准答案及解析】一、单选题1.A)Theyarerecordedasliabilitiesonthebalancesheet.-Accruedexpensesrepresentobligationsthathavebeenincurredbutnotyetpaid,thustheyarerecordedasliabilities.2.C)Thecompanywillcontinueitsoperationsindefinitelyunlessthereissubstantialdoubtaboutitsabilitytodoso.-Thegoingconcernassumptionassumesacompanywilloperateindefinitelyunlessthereisevidencetothecontrary.3.A)Cashbasisrecordsrevenueswhenearned,whileaccrualbasisrecordswhencashisreceived.-Cashbasisrecognizestransactionswhencashchangeshands,whileaccrualbasisrecognizesthemwhentheyoccur.4.A)Expensesshouldberecognizedintheperiodtheyareincurred,regardlessofwhencashispaid.-Thematchingprincipleensuresthatexpensesarerecordedinthesameperiodastherevenuestheyhelpgenerate.5.B)Decreasethevalueofanasset.-Contra-assetaccounts(e.g.,accumulateddepreciation)reducethebookvalueofassets.6.A)Debitwhatcomesin,creditwhatgoesout.-Thisisthefundamentalrulefordouble-entrybookkeeping.7.A)InternationalFinancialReportingStandards.-IFRSisasetofglobalaccountingstandards.8.A)Totalrevenuesequaltotalcosts.-Thebreak-evenpointiswherethereisnoprofitorloss.9.A)Oneyear.-Currentassetsareexpectedtobeconvertedintocashwithinoneyear.10.A)Conservatism.-Thematchingprincipleisakeyprincipleofconservatisminaccounting.二、填空题1.Bookkeeping2.Pointintime3.Incurred4.Asset5.Asset6.Costs7.Oneyear8.Incurred9.InternationalFinancialReportingStandards10.Accumulateddepreciation三、判断题1.True-Accruedexpensesarerecordedasliabilitiesbecausetheyrepresentfuturecashoutflows.2.False-Thegoingconcernassumptionimpliesindefiniteoperationunlessthereisdoubt.3.True-Cashbasisissimplerasitonlytrackscashtransactions.4.True-Thematchingprinciplerequiresexpensestoberecognizedinthesameperiodasrevenues.5.False-Contra-assetaccountsdecreasethevalueofassets.6.True-Thegoldenruleis"debitwhatcomesin,creditwhatgoesout."7.True-IFRSstandsforInternationalFinancialReportingStandards.8.False-Thebreak-evenpointiswheretotalrevenuesequaltotalcosts.9.True-Currentassetsareexpectedtobeconvertedintocashwithinoneyear.10.False-Thematchingprincipleisrelatedtoexpenserecognition,notrevenuerecognition.四、简答题1.Thecashbasisofaccountingrecordsrevenuesandexpensesonlywhencashisreceivedorpaid,whiletheaccrualbasisrecordsthemwhentheyareearnedorincurred,regardlessofcashtransactions.2.Thematchingprinciplestatesthatexpensesshouldberecognizedintheperiodtheyareincurred,regardlessofwhencashispaid.Itisimportantbecauseitensuresthatfinancialstatementsaccuratelyreflectthecompany'sperformancebymatchingrevenueswi