[南开大学]20春学期《会计专业英语》在线作业-2（资料100分）

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资料来源：谋学网（www.mouxue.com）-[南开大学]20春学期（1709、1803、1809、1903、1909、2003）《会计专业英语》在线作业
试卷总分:100    得分:100
第1题,Cash equivalents(  )
A、are illegal in some company
; O# F" d3 c: [8 hB、will be converted to cash within two years
C、will be converted to cash within 90 days
D、will be converted to cash within 120 days
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9 W2 P' w2 `: e' T第2题,On the balance sheet, the amount shown for the Allowance for Doubtful Accounts is equal to the (  )
  w/ o2 h$ x5 K5 q: }9 e1 ]& vA、Uncollectible accounts expense for the year
B、total of the accounts receivables written-off during the year
C、total estimated uncollectible accounts as of the end of the year
D、sum of all accounts that are past due.
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第3题,The primary purpose of a stock split is to (  )
A、increase paid-in capital
8 u: O4 M1 t9 q9 ^) ]B、reduce the market price of the stock per share
C、increase the market price of the stock per share
D、increase retained earnings
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第4题,The accounting equation may be expressed as（  ）
$ N: |5 m9 T- t! q! l) {, qA、Assets = Equities - Liabilities
B、Assets + Liabilities = Owner's Equity
, _: y9 A  Q! s% O8 J3 j# gC、Assets = Revenues less Liabilities
0 o; l, M- m. o6 [$ W$ `" ]  OD、Assets - Liabilities = Owner's Equity
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3 T! i8 m! l) U) u9 V4 y* `资料来源：谋学网（www.mouxue.com）,Current liabilities are（  ）
A、due, but not receivable for more than one year
B、due, but not payable for more than one year
; Z* F3 G9 [3 E: ?C、due and receivable within one year
- i1 F- q! _7 F+ u0 D! _5 r' JD、due and payable within one year
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第6题,How does paying a liability in cash affect the accounting equation?
A、assets increase; liabilities decrease
) n/ @8 y$ h# w9 S  ^. iB、assets increase; liabilities increase
1 V3 p  F% A: e. WC、assets decrease; liabilities decrease
D、liabilities decrease; owner's equity increases
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第7题,Merchandise inventory at the end of the year is overstated. Which of the following statements correctly states the effect of the error?
$ U8 d, d. Y! v& zA、owner's equity is overstated
B、cost of merchandise sold is overstated
! z2 A3 s8 V$ q7 P- LC、gross profit is understated
D、net income is understated
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第8题,All of the following occur with a double-entry accounting system except:
6 X9 ~! I; ~# k( BA、The accounting equation remains in balance.
, F; |4 Q3 I7 A1 @0 l3 C- xB、Each business transaction will have only two entries.
C、Every transaction affects at least two accounts
& A" |' U: F0 h5 H2 ~D、The sum of all debits is always equal to the sum of all credits in each journal entry.
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- m" s! t' x8 e* m, q2 ?第9题,On the balance sheet, the amount shown for the Allowance for Doubtful Accounts is equal to the （  ）
- m% I3 ]! |9 q) ZA、Uncollectible accounts expense for the year
' n! `; [3 X1 u5 S0 [2 ~# vB、total of the accounts receivables written-off during the year
, k) |. ^% j. H* _9 Z4 e. [+ oC、total estimated uncollectible accounts as of the end of the year
D、sum of all accounts that are past due.
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9 Q9 `3 N; u" y) T5 C资料来源：谋学网（www.mouxue.com）,Which statement below is not a reason for a corporation to buy back its own stock.
A、resale to employees
+ Q3 i6 v6 O  f$ ?B、bonus to employees
9 H' i5 G7 i6 u" O. EC、for supporting the market price of the stock
D、to increase the shares outstanding
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1 |% y  i% p* k: z; ?  j/ O第11题,Financial reports are used by(   )
A、management
B、creditors
C、investors
D、all of the above
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资料来源：谋学网（www.mouxue.com）,What is the type of account and normal balance of Allowance for Doubtful Accounts?
2 A1 r; f( {' C" G9 q6 WA、Contra asset, credit
B、Asset, debit
0 J; O+ ?% m  uC、Asset, credit
D、Contra asset, debit
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# M5 ]- j# s, O" o, V( g0 ^8 S% a5 M第13题,Debts owed by a business are referred to as（  ）
A、accounts receivables
B、equities
C、owner's equity
D、liabilities
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第14题,If the allowance method of accounting for uncollectible receivables is used, what general ledger account is credited to write off a customer's account as uncollectible?
A、Uncollectible Accounts Expense
B、Accounts Receivable
7 P5 e* B4 x6 T8 T$ h/ LC、Allowance for Doubtful Accounts
( \$ k& R; Z, j; {/ dD、Interest Expense
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; ~) I- u% \( T- R& z% V资料来源：谋学网（www.mouxue.com）,Which of the following financial statements reports information as of a specific date?
A、income statement
0 {0 U! r* A$ Q2 ]4 u6 H( }B、statement of owner's equity
2 h( Z+ L/ u% JC、statement of cash flows
( m+ s. X, @; ^3 \. j3 KD、balance sheet
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- y/ J3 h, K4 N3 h7 k第16题,Current liabilities are(  )
A、due, but not receivable for more than one year
B、due, but not payable for more than one year
C、due and receivable within one year
D、due and payable within one year
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第17题,The debt created by a business when it makes a purchase on account is referred to as an
A、account payable
" x) r! K  F& x0 }5 ?. o1 \B、account receivable
C、asset
9 S/ S( y+ ?1 FD、expense payable
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第18题,The percentage analysis of increases and decreases in individual items in comparative financial statements is called ( )
2 V2 K' K! h9 cA、vertical analysis
) K2 t( R! L% TB、solvency analysis
! R2 c6 S- V4 W  X1 X9 uC、profitability analysis
2 `& m/ b) x6 ~D、horizontal analysis
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/ }; o  l# T: {9 H第19题,Merchandise inventory at the end of the year was understated.  Which of the following statements correctly states the effect of the error?
A、net income is understated
B、net income is overstated
C、cost of merchandise sold is understated
D、merchandise inventory reported on the balance sheet is overstated
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' Y' J' V9 R& \3 x资料来源：谋学网（www.mouxue.com）,Which of the following groups are considered to be internal users of accounting information?
7 i9 \, Q- [" i2 JA、Employees and customers
B、Customers and vendors
C、Employees and managers
D、Government and banks
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第21题,Available-for-sale securities are securities that management expects to sell in the future, but are not actively traded for profit.
* \. }- O" b- P/ Y$ [A、错误
; ~+ Y1 D, G4 |6 d- ~B、正确
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第22题,The matching concept requires expenses be recorded in the same period that the related revenue is recorded.
, l+ R3 ^- B  M/ _* g: p% cT、对
F、错
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2 Z* j0 ~  m  y3 y* |9 J1 g第23题,Even when a trial balance is in balance, there may be errors in the individual accounts.
( z4 N3 Y) ~! t8 e/ P! f8 DT、对
) a8 K. `$ S' x$ n, RF、错
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第24题,The order of the flow of accounting data is (1) record in the ledger, (2) record in the journal, (3) prepare the financial statements.
$ t# M% |/ A, ?) U3 M9 T% K; c1 LT、对
' O4 c, e6 ~( ?+ n3 O1 r: ~F、错
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; \8 B6 J7 P' ]1 L* q3 p资料来源：谋学网（www.mouxue.com）,In establishing a petty cash fund, a check is written for the amount of the fund and is recorded as a debit to Accounts Payable and a credit to Petty Cash.
A、错误
  I& C% J* j7 I/ o" J" j" @B、正确
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: X3 z1 x; v2 d第26题,Solvency analysis focuses on the ability of a business to pay its current and noncurrent liabilities.
' C# d/ _; B- ]+ g8 o+ i  \+ QT、对
' I( u  f9 a/ q% i# w+ a1 T  zF、错
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. H, E& G  o% \第27题,Every adjusting entry will affect at least one income statement account and one balance sheet account.
T、对
/ a" v# _) c7 Q0 [8 k+ [5 UF、错
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8 b2 ~/ X. x* ~第28题,Purchasing supplies on account increases liabilities and decreases equity.
T、对
F、错
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第29题,Solvency analysis focuses on the ability of a business to pay its current and noncurrent liabilities.
A、错误
B、正确
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资料来源：谋学网（www.mouxue.com）,The journal entry to record the cost of warranty repairs that were incurred during the current period, but related to sales made in prior years, includes a debit to Warranty Expense.
T、对
F、错
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第31题,If the liabilities owed by a business total $500,000, then the assets also total $500,000.
T、对
F、错
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第32题,If bonds are sold for a discount, the carrying value of the bonds is equal to the face value less the unamortized discount.
1 }  h  L  A4 l" _6 F0 AA、错误
B、正确
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% w/ a7 F% u( V. W5 M第33题,The matching concept requires expenses be recorded in the same period that the related revenue is recorded.
5 n) |( S# y2 b! S6 F) A, pA、错误
9 B5 h8 c  t$ Q6 ^/ v4 tB、正确
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$ p; X# {; U2 Z, O! l% I第34题,The main reason that the bank statement cash balance and the depositor's cash balance do not initially balance is due to timing differences.
A、错误
5 `. G0 E/ `5 {1 LB、正确
) h( q8 ~% |/ l5 U( Y, A. p正确资料:
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第35题,Paying an account payable increases liabilities and decreases assets
- ^# f* z+ b: B- q3 bA、错误
. Q( C( U5 o0 p1 |+ E! @B、正确
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: a6 a8 h9 ^( g2 P2 e! A5 m: ~) }第36题,For strong internal control system over cash, it is important to have the duties related to cash receipts and cash payments divided among different employees.
; E$ g. x! b6 e0 U( N5 wA、错误
* S% M3 }. ~: w8 n5 P: `B、正确
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第37题,Bondholders are creditors of the issuing corporation.
# L% A( W0 l3 [: I" j1 s; F. ZA、错误
B、正确
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第38题,Even when a trial balance is in balance, there may be errors in the individual accounts.
/ w  W( f3 [! Y. ]$ yA、错误
B、正确
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第39题,The statement of cash flows consists of an operating section, an income section, and an equity section.
0 ?! d/ V) m1 f& y# hT、对
& x9 x+ G2 U& A* X* {) AF、错
正确资料:F
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& N8 b2 O6 d2 e0 l9 p+ ]第40题,Intangible assets differ from property, plant and equipment assets in that they lack physical substance.
5 m; Q# ?; i; U6 QT、对
F、错
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( L6 o/ n4 p* U( _. Q第41题,The amortization of a premium on bonds payable decreases bond interest expense.
6 w8 j" r0 E0 `4 fT、对
F、错
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第42题,The double-entry accounting system records each transaction twice.
A、错误
B、正确
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6 g- D2 [4 I8 k4 m第43题,An income statement is a summary of the revenues and expenses of a business as of a specific date.
& b2 n& Y: I2 X2 Z( M' rT、对
* Q7 e* Y( ]5 \) eF、错
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6 f: e* K/ C# C: E第44题,The difference between Accounts Receivable and its contra asset account is called net realizable value.
4 [& N3 p* |4 QT、对
- }6 C* M+ F  K2 k3 Z# }6 D7 fF、错
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第45题,Primary users of accounting information are accountants.
$ T5 p6 H& L5 y& E1 [  zT、对
F、错
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; b. T* }1 p) C( Q$ K( ^6 W第46题,The balance of the allowance for doubtful accounts is added to accounts receivable on the balance sheet.
; w1 X6 P/ e8 |- oA、错误
B、正确
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第47题,Dividends in arrears are liabilities of the corporation.
2 l- {3 W/ _+ G7 P8 A# z! bA、错误
/ s. m  p* n5 L' HB、正确
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. b- c% d" d# v第48题,When the market rate of interest is less than the contract rate for a bond, the bond will sell for a premium.
+ m4 d2 h" k! O' \A、错误
B、正确
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第49题,For a current liability to exist, the following two tests must be met.  The liability must be due usually within a year and must be paid out of current assets.
* z: g) Q" N6 I1 U+ d( VA、错误
B、正确
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& E' l+ o1 i0 K( U资料来源：谋学网（www.mouxue.com）,Revenue is earned only when money is received.
A、错误
B、正确
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