14秋学期《会计专业英语》在线作业

14秋学期《会计专业英语》在线作业

一,单选题

1. The most widely used depreciation method is
A. straight-line
B. sum-of-the-years-digits
C. declining-balance
D. units-of-production
      ?
正确答案：A

2. Which of the following should not be considered cash by an accountant?
A. coins
B. bank checking accounts
C. postage stamps
D. Petty cash funds
      ?
正确答案：C

3. A capital expenditure results in a debit to （ ）
A. an expense account
B. a capital account
C. a liability account
D. an asset account
      ?
正确答案：D

4. Characteristics of a corporation include （ ）
A. shareholders who are mutual agents
B. direct management by the shareholders (owners)
C. its inability to own property
D. shareholders who have limited liability
      ?
正确答案：D

5. 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; cred
正确答案：A

6. The two methods of accounting for investments in stock are the cost method and the （ ）
A. straight-line method
B. equity method
C. liability method
D. interest method
      ?
正确答案：B

7. Notes may be issued （ ）
A. when assets are purchased
B. to creditor's to temporarily satisfy an account payable created earlier
C. when borrowing money
D. all of the above
      ?
正确答案：D

8. Expenses are reported on the（ ）
A. income statement
B. statement of owner's equity
C. statement of cash flows
D. balance sheet
      ?
正确答案：A

9. Financial statements in which financial data for two or more companies are combined as a single entity are called
A. conventional statements
B. consolidated statements
C. audited statements
D. constitutional statements
      ?
正确答案：B

10. 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：B

11. When the corporation issuing the bonds has the right to repurchase the bonds prior to the maturity date for a specific price, the bonds are
A. convertible bonds
B. unsecured bonds
C. debenture bonds
D. callable bonds
      ?
正确答案：D

12. Which of the items below is not a business organization form?（ ）
A. entrepreneurship
B. proprietorship
C. partnership
D. corporation
      ?
正确答案：A

13. The amount of the outstanding checks is included on the bank reconciliation as a(n) （ ）
A. deduction from the balance per depositor's records
B. addition to the balance per bank statement
C. deduction from the balance per bank statement
D. addition to
正确答案：C

14. Which of the following is not included in the computation of the quick ratio?
A. inventory
B. marketable securities
C. accounts receivable
D. cash
      ?
正确答案：A