alphabetical order

wordsandphras

残值scripvalue

分期付款installment

concern企业

reversingentry转回分录

找零change

报销turnover

pastdue过期

inflation通货膨胀

onaccount赊账

miscellaneouxpen其他费用

charge收费

汇票draft

权益equity

accrualbasis应计制

retainedearnings留存收益

trad-in易新，以旧换新

intransit在途

collection托收款项

资产ast

proceeds现值

报销turnover

dishonor拒付

utilityexpens水电费

outlay花费

IOU欠条

Going-concernconcept持续经营

运费freight

Multiple-choicequestion

ofthefollowingdoesnotdescribeaccounting(C)

drathethanameanstoanend.

bybusiness,government,nonprofitorganizations,andindividuals.

objectiveoffinancialreportingisto(B)

theadequacyofinternalcontrol.

ationoncompliance

withestablishedprocedures.

ofthefollowingstatementsis(are)correct(B)

depreciationreprentsacashfundbeingaccumulatedforthereplacementofplantasts.

companymayudifferentdepreciationmethodsinitsfinancialstatementsanditsincometaxreturn.

costofamachineincludesthecostofrepairingdamagetothemachineduringtheinstallationprocess.

uofanaccelerateddepreciationmethodcausanasttowearoutmorequicklythandoesuoftheunit-of-product

method.

fthefollowingis(are)correctaboutacompany’sbalancesheet(B)

displayssourcesandusofcashfortheperiod.

isanexpansionofthebasicaccountingequation

isnotsometimesreferredtoasastatementoffinancialposition.

isunnecessaryifbothanincomestatementandstatementofcashflowsareavailabe.

offinancialreportingtoexternalinvestorsandcreditorsincludepreparinginformationaboutallofthefollowingexcept.

(A)

udtodeterminewhichproductstopoduce

abouteconomicresources,claimstothoresources,andchangesinbothresourcesandclaims.

thatisufulinasssingtheamount,timing,anduncertaintyoffuturecashflows.

thatisufulinmakingivestmentandcreditdecisions.

ofthefollowingmeasuresstrengthensinternalcontrolovercashreceiptxcept.(C)

lylistingofallchecksreceivedthroughthemail.

tofcashreceiptsinthebankonadailybasis.

primarypurpoforusinganinventoryflowassumptionisto.(A)

taxes.

thereportedamountofnetincome.

generalterms,financialastsappearinthebalancesheetat.(B)

valuevaluefuturesalesvalue.

thegoing-concemassumptionisnolongervalidforacompanyexcept.(C)

heldasanivestmentwouldbevaluedatitsliquidationvalue.

prepaidastswouldbecompletelywrittenoffimmediately.

contributedcapitalandretainedearningswouldremainunchanged.

allowanceforuncollectibleaccountswouldbeeliminated.

ofthefollowingexplainsthedebitandcreditrulesrelatingtotherecordingofrevenueandexpens(C)

appearontheleftsideofthebalancesheetandarerecordedbydebits;revenueappearsontherightsideofthebalance

sheetandisreoordedbycredits.

esappearontheleftsideoftheincomestatementandarerecordedbydebits;Revenueappearsontherightside

sofrevenueandexpensonowners’equity.

realizationprincipleandthematchingprinciple.

ofthefollowingstatementsis(are)correct(B)

depreciationreprentsacashfundbeingaccumulatedforthereplacementofplantasts.

costofamachinedonotincludesthecostofrepairingdamagetothemachineduringtheinstallationprcess.

companymayusamedepreciationmethodsinitsfinacialstatementsanditsincometaxreturn.

uofanaccelerateddepreciationmethodcausanasttowearoutmorequicklythandoesuofthestraight-line

method.

toffinancialstatements(B)except.

intendedtoassistursinevaluatingthefinancialposition,profitability,andfutureprospectsofanentity.

intendedtoassisttheIntemalRevenueServiceindeteminingtheamountofincometaxesowedbyabusinessorganization.

notesdisclosinginformationnecessaryfortheproperinterpretationofthestatements.

intendedtoassistinvestorsandcreditorsinmakingdecisionsinventorytheallocationofeconomicresources.

primarypurpoforusinganinventoryflowassumptionisto.(B)

trevenueanappropriatecostofgoodssoldincometaxes.

thereportedamountofnetincome.

ccountingcycle.(D)

arepostedbeforetheyarejournalized.

trialbalanceispreparedafterjournalentrieshaven’tbeenposted.

RetainedEarningsaccountisnotshownasanup-to-datefigureinthetrialbalance.

entriesarepostedtoappropriateledgeraccounts.

totext,ObjectivesofFinancialReportingbyBusinessEnterpris.(D)

urshavetheabilitytoprescribeinformationtheywant.

isalwaysbadonexactmeasures.

reportingisusuallybadonindustriesortheeconomyasawhole.

accountingdoesnotdirectlymeasurethevalueofabusinesnterpri.

ndxcept(A)

owners’omerecordedbydebitingtheCashaccount

abusinesxpen

ofthefollowingpracticescontributestoefficientcashmanagement(C)

borrowmoney-maintainacashbalancesufficienttomakeallnecessarypayments.

allcashreceiptsandcashpaymentsattheendofthemonthwhenreconcilingthebankstatements.

monthlyforecastsofplannedcashreceipts,payments,ll

assoonastheinvoicearrives.

ofthefollowingwouldyouexpecttofindinacorrectlypreparedincomestatement(A)

eattheendoftheperiod.

edduringthenextperiodtoearnrevenues.

ofthefollowingareimportantfactorsinensuringtheintegrityofaccountinginformation(D)

factors,zations,suchastheAmericanInstituteofCPAs.’

judgment’andethicalbehaviorofindividualaccountants’oftheabove.

Practices1

,2000,MarkCo,ipmenthasanestimatedufullifeof10yearsandan

estimatedsalvagevalueof$5,reciationapplicabletothiquipmentwas$40,000for2000,calculatedunderthe

sum-of–the-years’–ed:Determinetheacquisitioncostoftheequipment.(C)

A.$210,000B.$250,000C.$D.$200,000

,2002,MarkCo,ipmenthasanestimatedufullifeof10years

andanestimatedsalvagevalueof$5,reciationapplicabletothiquipmentwas$24,000for2004,calculated

underthesum-of–the-years’–digitsmethod(4%).Required:Determinetheacquisitioncostoftheequipment.(C)

A.$220,000B.$250,000C.$D.$200,000

r1,2005,CoastFinancialIoanedBartCorporation$3000,000,receivinginexchangeanine-month,12percentnote

ndsitsfiscalyearonDecember31andmakesadjustingentriestoaccrueinterestearnedonallnotes

erestearnedonthenotereceivablefromBartCorporationduring2006willamountto.(A)

A.$9,000B.$18,000C.$D.$36,000

Question:Whatisthereconciledbalance(B)

A.$4,187B.$4,085C.$4,090D.$4,000

Required:Choothereconciledbalance.(D)

A.$3,220B.$3,250C.$3,200D.$3,225

Required:Calculatethecostofgoodsavailableforsale(C)

A.$475,000B.$474,000C.$470,000D.$473,000

Required:Calculatethecostofgoodssold(D)

A.$225,000B.$254,000C.$250,000D.$253,000

theendofthecurrentyear,theaccountsreceivableaccounthasadebitbalanceof$60,000andnetsalesfortheyeartotal

$100,owanceaccountbeforeadjunstmenthasadebitbalanceofa$500,anduncollectibleaccountxpenis

estimatedat1%on:Theentryfortheabovebaddebtsis(A)

.BadDebtAccts.$1,tAccts.$500

nceDoubtfulAccts.$1,nceDoubtfulAccts.$500

tAccts.$1,tAccts.$1,500

ec.$1,ec.$1,500

balancesheetitemstoTheOvenBakery(arrangedinalphabeticalorder)wereasfollowsatAugust1,2005.(Youareto

computethemissingfigureforretainedearnings.)(4%)

REQUIRED:FindRetainedearningsatAugust12005(D)

A.$420,000B.$44,000C.$40,000D.$48,000

Practices2

Suebeganapublicaccountingpracticeandcompletedthetransactionsduringfirstmonthofthecurrentyear.

Required:Chootheentriestorecordthefollowingtransactons.

$50,000cashinapublicaccountingpracticebegunthisday.(A)

.Cash$50,lStock$50,000

lStock$50,$50,000

cashforthreemonts’officerentinadvance$900(B)

.RentExp.$dRent$900

$$900

thepremiumontwoinsurancepolicies,$300.()

.PrepaidInsurance$nceExp$300

$$300

accountingworkforSunBankoncredit$1000.(A)

.AcctsRec$$1000

Revenue$1000Revenue$1000

themonthlyutilitybillsoftheaccountingoffice$300(A)

UtilityExp$300officeExp$300

$$300

Lindabeganapublicaccountingpracticeandcompletedthetransactonsduringfirstmonthofthecurrentyear.

Required:Chootheentriestorecordthefollowingtransactons.

$20,000cashinapublicaccountingpracticebegunthisday.(A)

Cash$20,00CapitalStock$20,000

lStock$20,$20,00

cashforthreemonths’officerentinadvance$1200.(B)

.RentExp$dRent$1200

$$1200

offficesupplies$100andofficeequipment$2,000oncredit.(B)

.OfficeEquipment$2,000Equipment$2,000

OfficeSupplies$100OfficeSupplies$100

ec.$2,100Pay.$2,100

accountingworkforJackHallandcollected$2000cashtherefore.(B)

.AcctsRec$$2000

Revenue$2000Revenue$2000

additionalofficeequipmentoncredit$2500.(A)

equipment$equipment$2500

Pay$2500Rec$2500

Translation:

1)Themechanicsofdouble-entryaccountingaresuchthateverytransactionisrecordedinthedebitsideofoneormore

accountrmofcombinationiscalled

hereareonlytwoaccountsaffected.2)thantwo

accountsareaffceted,ble-entryaccountingis

udbyvirtuallyeverybusinessorganization,regardlessofwhetherthecompany’saccountingrecordsaremaintained

manuallyorbycomputer.

mechanicsofdouble-entryaccounting.(B)

A.会计两次记账的制度B.复式记账机制C.会计的重复记账体制

debitandcreditamountsareequal.(A)

A.借方金额与贷方金额是相等的B.借出金额与贷款金额是相等的C.借入金额与贷款金额是相等的

Mostaccountingmethodsarence

indicatesinspiteofnumerousbusinessfailures,tantsdonotbelieve

thatbusinessfirmswilllastindefinitely,buttheydoexpectthemtolastlongenouthto2)fulfilltheirobjectivesand

commitments.

spiteofnumerousbusinessfailures,companieshaveafairlyhighcontinuancerate.(B)

A.可惜有许多企业失败,但公司仍有较高的持续经营比率。

B.尽管有许多企业倒闭,但公司仍有较高的持续经营比率。C.大中型商业的主要会计工作办公被叫做统制账。

theirobjectivesandcommitments.(C)

A.他们充满客观困难与承诺责任。B.完成他们的目的与提交审议。C.实现与履行他们的目标及义务。

Theaccountantsinaprivatbusiness,largeorsmall,mustrecordtransactionsandprepareperiodicfinancialstatementsfrom

accountingrecrds.1)Thechidfaccountingofficerinamedium-sizedorlargebusinessisusuallycalledthecontroller,who

tofthetopmanagementteam,thecontroller2)ischargedwiththetaskof

runningthebusiness,ttingitsobjecives,andeingthattheobjecivesaremet.

chiefaccountingofficerinamedium-sizedorlargebusinessisusuallycalledthecontroller(B)

A.中等或大的商业的主要会计官员通常被称为控制者。B.大中型企业的主要会计官员通常被称为主计长。

C..大中型企业的主要会计工作办公被叫做统制账。

chargedwiththetaskofrunningthebusiness,ttingitsobjectives,andeingthattheobjectivesaremet.(A)

A.负责企业经营运作工作，设定经营目标，并了解目标的实现。B.收取商业企业滚动运作费，设定其客观条件，并

观察这些条件的满足。C.承担企业经营运作工作，设定经营目标，并了解目标的实现。

tingtheory1)providestherationaleorjustificationfor

uctureofaccountingtheoryrestsonfoundationofbasicconceptsandassumptionsthatarever

broadmfewinnumber,nciplesofaccountingareunliketheprinciplesofthe

naturalsciencesandmathematics,becautheycannotbederivedfromorprovedbythelawsofnature.2)Accounting

principlescannotbediscovered;theyarecreated,developed,tingprinciplesaresupportedandjustified

byintuition,authority,andacceptability.

therationaleorjustificationforaccountingpractice.(B)

A.提供合理公正的会计实践B.为会计实务提供理性的判断标准C.为实践提供有理公正的会计理论

principlescannotbediscovered;theyarecreated,developed,tingprinciplesaresupportedandjustified

byintuition,authority,andacceptability.(C)

A.会计原则不能发现理论，它们创造、发展理论并将之立法。B.会计原则不能发现理论，它们创造、发展了理论并

立法通过。C.会计原则不能发现，它们是被创造、发展后通过立法来确定。