【奥鹏】-[南开大学]《会计专业英语》19秋期末考核
试卷总分:100    得分:100
第1题,Which of the items below is not a business organization form?（   ）
A、entrepreneurship
B、proprietorship
C、partnership
D、corporation
正确答案:


第2题,Which of the following groups are considered to be internal users of accounting information?
A、Employees and customers
B、Customers and vendors
C、Employees and managers
D、Government and banks
正确答案:


第3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
正确答案:


第4题,The inventory method that assigns the most recent costs to cost of good sold is
A、FIFO
B、LIFO
C、average
D、specific identification
正确答案:


第5题,The two most common specialized fields of accounting in practice are(  )
A、forensic accounting and financial accounting
B、managerial accounting and financial accounting
C、managerial accounting and environmental accounting
D、financial accounting and tax accounting systems
正确答案:


第6题,The interest rate specified in the bond indenture is called the (  )
A、discount rate
B、contract rate
C、market rate
D、effective rate
正确答案:


第7题,The excess of issue price over par of common stock is termed a(n) (  )
A、discount
B、income
C、deficit
D、premium
正确答案:


第8题,The income statement is prepared from(  )
A、the adjusted trial balance.
B、the income statement columns of the work sheet.
C、either the adjusted trial balance or the income statement columns of the work sheet.
D、both the adjusted trial balance and the income statement columns of the work sheet.
正确答案:


第9题,The price at which a stock can be sold depends upon a number of factors.  Which statement below is not one of those factors?(  )
A、the financial condition, earnings record, and dividend record of the corporation
B、investor expectations of the corporation's earning power
C、how high the par value
D、general business and economic conditions and prospects
正确答案:


第10题,Which of the following measures a company's ability to pay its current liabilities?
A、earnings per share
B、inventory turnover
C、current ratio
D、number of times interest charges earned
正确答案:


第11题,During a period of falling prices, which of the following inventory methods generally results in the lowest balance sheet amount for inventory. (  )
A、average method
B、LIFO method
C、FIFO method
D、can not tell without more information
正确答案:


第12题,For accounting purposes, the business entity should be considered separate from its owners if the entity is（  ）
A、a corporation
B、a proprietorship
C、a partnership
D、all of the above
正确答案:


第13题,The journal entry a company uses to record the estimated accrued product warranty liability is (  )
A、debit Product Warranty Expense; credit Product Warranty Payable
B、debit Product Warranty Payable; credit Cash
C、debit Product Warranty Expense; credit Cash
D、debit Product Warranty Payable; credit Product Warranty Expense
正确答案:


第14题,A bank reconciliation should be prepared periodically because （  ）
A、the depositor's records and the bank's records are in agreement
B、the bank has not recorded all of its transactions
C、any differences between the depositor's records and the bank's records should be determined, and any errors made by either party should be
正确答案:


第15题,What is the type of account and normal balance of Allowance for Doubtful Accounts?
A、Contra asset, credit
B、Asset, debit
C、Asset, credit
D、Contra asset, debit
正确答案:


第16题,Which of the following should be considered cash by an accountant?
A、coins
B、bank checking accounts
C、postage stamps
D、Petty cash funds
E、IOU（I owe you)
正确答案:,B,D


第17题,The primary purpose of a stock split include  (  )
A、increase paid-in capital
B、reduce the market price of the stock per share
C、reduce earnings per share
D、to increase the number of shares outstanding
E、increase the market activity of the shares
正确答案:,C,D,E


第18题,The following items below would affect the investor's income for the period, they are(  )
A、interest received on a temporary investment in bonds
B、dividends received on a long-term investment in stock where the investor owns 10% of the investee's stock
C、dividends received on a long-term investment in stock where the investor owns 30% of the investee's stock
D、interest received on a long-term investment in bonds
E、the periodic net income of the investee under the cost method
正确答案:,B,D


第19题,The two methods of accounting for investments in stock are(  )
A、straight-line method
B、equity method
C、liability method
D、interest method
E、the cost method
正确答案:,E


第20题,Current assets include(  )
A、intangible assets
B、cash
C、receivables
D、short-term investments
E、inventories
F、property, plant and equipment
正确答案:,C,D


第21题,All of the following below are needed for the calculation of depreciation (  )
A、fare value
B、cost
C、sales price
D、residual value
E、estimated life
正确答案:,D,E


第22题,The primary advantages of a corporation include(  )
A、separate legal entity
B、limited liability
C、ease of ownership transfer
D、continuity of life
E、ease of capital accumulation
正确答案:,B,C,D,E


第23题,Current liabilities include(  )
A、accounts payable
B、short-term notes payable
C、wages payable
D、taxes payable
E、bonds payable
正确答案:,B,C,D


第24题,Which of the following groups of accounts have a normal credit balance?
A、assets, expenses
B、revenues, capital
C、capital, liabilities
D、liabilities, expenses
E、assets, revenues
正确答案:,C


第25题,Which of the items below are business organization form?(       )
A、entrepreneurship
B、proprietorship
C、partnership
D、corporation
E、owners
正确答案:,C,D


第26题,When a large quantity of merchandise is purchased, a reduction allowed on the sale price is called a trade discount.
A、错误
B、正确
正确答案:


第27题,The prices of bonds are quoted as a percentage of the bonds' market value.
A、错误
B、正确
正确答案:


第28题,Dividends in arrears are liabilities of the corporation.
T、对
F、错
正确答案:F


第29题,A corporation is a business that is legally separate and distinct from its owners.
A、错误
B、正确
正确答案:


第30题,Recognition is the process of incorporating in the balance sheet or income statement an item that meet the definition of an element and satisfies the recognition criteria.
A、错误
B、正确
正确答案:


第31题,When using the FIFO inventory costing method, the most recent costs are assigned to the cost of goods sold.
T、对
F、错
正确答案:F


第32题,During inflationary periods, the use of the LIFO method of costing inventory will result in a greater amount of net income than would result from the use of the FIFO method.
T、对
F、错
正确答案:F


第33题,Ordinarily, a corporation owning a significant portion of the voting stock of another corporation accounts for the investment using the equity method.
A、错误
B、正确
正确答案:


第34题,The matching concept requires expenses be recorded in the same period that the related revenue is recorded.
T、对
F、错
正确答案:T


第35题,Liability accounts are increased by debits.
T、对
F、错
正确答案:F


第36题,英译汉（1）Double-Declining-Balance Method（2）Intangible assets
正确答案:


第37题,汉译英：（1）股票股利（2）银行余额调节表
正确答案:


第38题,英译汉（3）Accounting equation（4）Available-for-Sale Securities
正确答案:


第39题,汉译英：（3）现金流量表 （4）公允价值
正确答案:


第40题,汉译英：（5）应计制会计（6）纵向分析
正确答案:


第41题,英译汉（5）Double-entry system（6）Quick Ratio
正确答案: