奥鹏作业网《会计专业英语》19秋期末考核-0001
一、单选题 (共 15 道试题,共 30 分)
1.Which of the items below is not a business organization form?（ ）
A.proprietorship
B.partnership
C.entrepreneurship
D.corporation
2.Which of the following groups are considered to be internal users of accounting information?
A.Government and banks
B.Employees and managers
C.Employees and customers
D.Customers and vendors
3.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.merchandise inventory reported on the balance sheet is overstated
D.cost of merchandise sold is understated
4.The inventory method that assigns the most recent costs to cost of good sold is
A.specific identification
B.average
C.LIFO
D.FIFO
5.The two most common specialized fields of accounting in practice are( )
A.managerial accounting and financial accounting
B.managerial accounting and environmental accounting
C.forensic accounting and financial accounting
D.financial accounting and tax accounting systems
6.The interest rate specified in the bond indenture is called the ( )
A.market rate
B.effective rate
C.discount rate
D.contract rate
7.The excess of issue price over par of common stock is termed a(n) ( )
A.premium
B.income
C.discount
D.deficit
8.The income statement is prepared from( )
A.the income statement columns of the work sheet.
B.the adjusted trial balance.
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.
9.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
10.Which of the following measures a company’s ability to pay its current liabilities?
A.number of times interest charges earned
B.inventory turnover
C.earnings per share
D.current ratio
11.During a period of falling prices, which of the following inventory methods generally results in the lowest balance sheet amount for inventory. ( )
A.can not tell without more information
B.average method
C.LIFO method
D.FIFO method
12.For accounting purposes, the business entity should be considered separate from its owners if the entity is（ ）
A.a proprietorship
B.a partnership
C.all of the above
D.a corporation
13.The journal entry a company uses to record the estimated accrued product warranty liability is ( )
A.debit Product Warranty Payable; credit Product Warranty Expense
B.debit Product Warranty Payable; credit Cash
C.debit Product Warranty Expense; credit Product Warranty Payable
D.debit Product Warranty Expense; credit Cash
14.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
15.What is the type of account and normal balance of Allowance for Doubtful Accounts?
A.Contra asset, debit
B.Contra asset, credit
C.Asset, debit
D.Asset, credit
二、多选题 (共 10 道试题,共 20 分)
16.Which of the following should be considered cash by an accountant?
A.postage stamps
B.coins
C.bank checking accounts
D.Petty cash funds
E.IOU（I owe you)
17.The primary purpose of a stock split include ( )
A.to increase the number of shares outstanding
B.reduce the market price of the stock per share
C.reduce earnings per share
D.increase the market activity of the shares
E.increase paid-in capital
18.The following items below would affect the investor’s income for the period, they are( )
A.the periodic net income of the investee under the cost method
B.interest received on a temporary investment in bonds
C.interest received on a long-term investment in bonds
D.dividends received on a long-term investment in stock where the investor owns 30% of the investee’s stock
E.dividends received on a long-term investment in stock where the investor owns 10% of the investee’s stock
19.The two methods of accounting for investments in stock are( )
A.the cost method
B.straight-line method
C.liability method
D.interest method
E.equity method
20.Current assets include( )
A.short-term investments
B.receivables
C.property, plant and equipment
D.inventories
E.intangible assets
F.cash
21.All of the following below are needed for the calculation of depreciation ( )
A.sales price
B.residual value
C.fare value
D.estimated life
E.cost
22.The primary advantages of a corporation include( )
A.separate legal entity
B.limited liability
C.ease of ownership transfer
D.ease of capital accumulation
E.continuity of life
23.Current liabilities include( )
A.wages payable
B.taxes payable
C.short-term notes payable
D.bonds payable
E.accounts payable
24.Which of the following groups of accounts have a normal credit balance?
A.revenues, capital
B.liabilities, expenses
C.capital, liabilities
D.assets, revenues
E.assets, expenses
25.Which of the items below are business organization form?( )
A.proprietorship
B.partnership
C.owners
D.entrepreneurship
E.corporation
三、判断题 (共 10 道试题,共 20 分)
26.When a large quantity of merchandise is purchased, a reduction allowed on the sale price is called a trade discount.
27.The prices of bonds are quoted as a percentage of the bonds’ market value.
28.Dividends in arrears are liabilities of the corporation.
29.A corporation is a business that is legally separate and distinct from its owners.
30.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.
31.When using the FIFO inventory costing method, the most recent costs are assigned to the cost of goods sold.
32.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.
33.Ordinarily, a corporation owning a significant portion of the voting stock of another corporation accounts for the investment using the equity method.
34.The matching concept requires expenses be recorded in the same period that the related revenue is recorded.
35.Liability accounts are increased by debits.
四、问答题 (共 6 道试题,共 30 分)
36.英译汉
（1）Double-Declining-Balance Method
（2）Intangible assets
37.汉译英：
（1）股票股利
（2）银行余额调节表
38.英译汉
（3）Accounting equation
（4）Available-for-Sale Securities
39.汉译英：
（3）现金流量表
（4）公允价值
40.汉译英：
（5）应计制会计
（6）纵向分析
41.英译汉
（5）Double-entry system
（6）Quick Ratio
