会计专业英语
1 单选题
1 Low Company owns 40% of the voting stock of High Corporation and us the equity method in recording this investment. High Corporation reported a $10,000 net loss. Low Corporation's entry would include a ( ) C
湖南大学排行榜A Debit to the investment account for $10,000
B Debit to the investment account for $4,000
调岗申请书怎么写C Credit to the investment account for $4,000
D Debit to a loss account for $4,000
2 Expens are reported on the( ) A
A income statement
B statement of owner's equity
C statement of cash flows
D balance sheet
3 Financial reports are ud by（ ） D
A management
B creditors
C investors
D all of the above
4 During a period of falling prices, which of the following inventory methods generally results in the lowest balance sheet amount for inventory. ( ) C
香蕉怎么做好吃又简单的做法A average method
B LIFO method
C FIFO method
D can not tell without more information
5 Which of the following financial statements reports information as of a specific date? D
A income statement
B statement of owner's equity
C statement of cash flows
D balance sheet
6 Financial statements in which financial data for two or more companies are combined as a single entity are called B
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A conventional statements
B consolidated statements
C audited statements
D constitutional statements
7 The characteristics of partnership exclude( ) C
A more financial resources than a proprietorship
B additional management skills
C limited liability
D unlimited liability
8 Which of the following below generally is the most uful in analyzing companies of different sizes? B
A comparative statements运动鞋市场分析
B common-sized financial statements
C price-level accounting
D audit report
9 The ability of a business to pay its debts as they come due and to earn a reasonable amount of income is referred to as ( ) B
A solvency and leverage
B solvency and profitability
C solvency and liquidity
D solvency and equity
10 When the perpetual inventory system is ud, the inventory sold is debited to ( ) B
A supplies expen
B cost of merchandi sold
C merchandi inventory
D sales
11 The cost of a product warranty should be included as an expen in the ( ) C
只加一笔A period the cash is collected for a product sold on account
后进生转化B future period when the cost of repairing the product is paid
C period of the sale of the product
D future period when the product is repaired or replaced
12 The price at which a stock can be sold depends upon a number of factors. Which statement below is not one of tho factors?( ) C
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
13 The account Unrealized Gain (Loss) on Available-For-Sale Securities should be included in the( ) C
A Income statement as Other Revenue (Expens)
B Balance sheet as an adjustment to the ast account
C Balance sheet as an adjustment to Stockholders' Equity
D Statement of Retained Earnings不挑食图片
14 Which of the items below is not a business organization form?( ) A
A entrepreneurship
B proprietorship
C partnership
D corporation
15 Austin, Inc. made a Prepaid Rent payment of $3,500 on January 1st. The company’s monthly rent is $700. The amount of Prepaid Rent that would appear on the January 31 balance sheet after adjustment is: A
A $2,800
B $700
C $3,500
D $1,750
16 On the balance sheet, the amount shown for the Allowance for Doubtful Accounts is equal to the ( ) C
A Uncollectible accounts expen 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.
17 Which of the following should not be considered cash by an accountant? C
A coins
B bank checking accounts
C postage stamps
D Petty cash funds
18 Which of the following measures a company’s ability to pay its current liabilities? C
A earnings per share
B inventory turnover
C current ratio
D number of times interest charges earned
19 The cost of a product warranty should be included as an expen in the （ ） C
A period the cash is collected for a product sold on account
