经济英语选择题

1、Accounting and Auditing1. Most accounting positions require a bachelors degree in accounting or a related field or . combination of education and experience.A. an attained B. a calculated C. a curricular D. an equivalent2. Some schools offer students a chance for hands-on experience with part-time .

2、 programs in accounting firms.A. internship实习 B. practice C. study D. tutorial3. Accountants help make sure that a firm is run efficiently, that its records are maintained accurately, and that its taxes are paid properly and in a . manner.A. controlled B. courteous C. formal D. timely4. Nowadays, ac

3、countants are . the services they offer with budget analysis, investment planning, and IT consulting. A. broadening B. lengthening C. opening D. reformatting5. . accountants record and analyze the financial information of the firms in which they are employed. A. Business B. Internal C. Licensed D. M

4、anagement6. When the accountant has to choose between two acceptable alternatives, the accountant should select the alternative that will report less profit, less asset amount, or a greater liability amount. This is based upon which principle/guideline? A. Conservatism B. Historical cost C. Material

5、ity D. Matching7. A company sold merchandise of $8,000 to a customer in December. The companys sales terms require the customer to pay the company in January. The companys income statement reported this sale in December. This is proper under which accounting principle/guideline? A. Full disclosure B

6、. Revenue recognition C. Objectivity D. Materiality8. A company borrowed $100,000 in December and will make its only payment for interest when the note comes due six months later. The total interest for the six months will be $3,600. On the December income statement the accountant reported Interest

7、Expense of $600. This action was the result of which accounting principle/guideline? A. Full disclosure B. Revenue recognition C. Objectivity D. MatchingBalance Sheet1. if you possess（拥有） something, you can say that you _ it.A. owe B. own C. owner2. If you have to reimburse or repay（偿还） someone, you

8、 _ money.A. owe B. own C. yield3. To let someone else have the use of your money for a certain period of time, after which it must be paid back, is to _ .A. borrow B. lend C. credit4. To take money that has to be repaid is, on the contrary, to _A. borrow B. lend C. steal5. An amount of money lent is

9、 a _ .A. debit B. debt C. loan（借出去的钱）6. A person who has borrowed money is a _ .A. creditor B. debtor（借方） C. owner7. Another word for a lender is a/an _ .A. creditor B. debtor C. owner8. The income received by someone who lends money is called _ .A. dividends B. interest C. interests9. The borrower

10、has to pay back the loan itself, also known as the _ .A. principal(本金) B. principle C. premium10. The amount of money a lender receives for a loan or an investment, expressed as a percentage, is known as its return or _ .A. credit B. income C. yield（收益）11. A balance sheet shows the financial . that

11、a company has at a point in time and where they came from.A. records B. resources（财富） C. returns D. revenues12. It is an instant photograph that displays the companys financial . at the end of a business month, quarter or year.A. explanation B. position C. publication D. station13. The organization

12、of a balance sheet reflects this basic .: assets equal debts plus equity.A. arrangement B. assessment C. equation D. question14. Assets are often listed in the order of their . which means how easy it would be to convert each asset into cash.A. complexity B. liquidity C. security D. simplicity15. Cu

13、rrent assets will likely be turned into cash or converted into a(n) . within a year.A. bonus B. expense C. option D. stockBonus-红利The Profit & Loss Account1. A profit and loss account is a statement which shows:A. The receipts and payments for a period and the resulting cash surplus or deficit.B. Th

14、e revenues and expenses for a period and the resulting profit or loss.C. The assets and claims at a particular point in time.D. The assets, less liabilities for the period and the resulting profit or loss.2. The gross profit margin ratio of Penguin Products Ltd is higher this year than it was last y

15、ear. Which one of the following factors could not be true of this year relative to last year?A. An increase in sales and an increase in cost of sales.B. An increase in sales and a decrease in cost of sales.C. A decrease in sales and a decrease in cost of sales.D. A decrease in sales and an increase

16、in cost of sales.3. The income statement heading will specify which of the following?A. A POINT in time B. A PERIOD of timeC. A yearD. Longer than a year4. On December 1 a company borrowed $100,000 at 12% per year. The interest will be paid quarterly, with the first payment due on March 1. What shou

17、ld the company report on its income statement for December?A. Interest Expense of $1,000B. Interest Expense of $12,000C. Interest Expense of $3,000D. Nothing5. The main deduction from this revenue is called . of sales, the amount of money the company spent to produce the same goods or services.A. Co

18、st B. Discount C. Expense D. Reduction6. What is net profit?A. The cash in the business bank accountB. Sales revenue less cost of sales and expensesC. Sales less purchasesD. Revenue less expensesPricing1. _ is the amount of money charged for a product or service. A. Salary B. Demand curve C. Price D

19、. Wage2. Costs that do not vary with production or sales level are referred to as _.A. target costs B. fixed costs C. variable costs D. total costs3. Which of the following is an external factor that affects pricing decisions?A. the salaries of finance management B. the salaries of production manage

20、ment C. the companys overall marketing strategy D. competition4. If demand hardly changes with a small change in price, we say the demand is _.A. variable B. market penetrating C. at break-even pricing D. inelastic5. Valeo Fashions has just introduced a new line of fashion dresses for teens. They wi

21、ll initially enter the market at high prices in a _ pricing strategy.A. psychological B. market-skimming C. competitive market D. market-penetration6. Which of the following pricing strategies is known to stimulate market growth and capture market share by deliberately offering products at low price

22、s?A. skimming pricing B. penetration pricing C. demand-based pricing D. competition-based pricing7. Ending prices with $19.99 rather than $20 is called:?A. skimming pricing B. Odd-even pricing C. prestige pricing D. price lining8. When Gibson Guitar Corporation lowered its prices to compete more effectively with Japanese rivals, why did they not sell more guitars?A. The Gibson guitars were not as