莎士比亚十四行诗会计学原理2014年期中考试（格式调整）
2014年《会计学原理》期中考试试卷
考试时间：2小时
Part I True or Fal(0.5mark each,20marks in total)枯萎
顺其自然英语e的用法1．The primary objective of financial accounting is to provide general purpo financial statements to help external urs analyze and interpret an organization's activities.()
2．Internal urs include lenders,shareholders,brokers and managers.()
3．The International Accounting Standards Board(IASB)is an independent group which issues International Financial Reporting Standards(IFRS).()
4．Unlimited liability is an advantage of a sole proprietorship.()
5．The idea that a business will continue to operate instead of being clod or sold underlies the
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going-concern assumption.()
6．Proper internal control means that responsibility for a task is clearly established and assigned to one person.()
7．Cash equivalents are short-term highly liquid investment asts that are readily converted to a known cash amount,and have maturities of one year.()
8．Money orders,cashier's checks,and certified checks are examples of cash equivalents.() 9．Cancelled checks are checks the bank has paid and deducted from the customer's account during the period.()
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10．On a bank statement,deposits are listed as debits becau the bank increas its cash account when the deposit is made.()
11．If the Cash Over and Short account has a debit balance at the end of the period,the amount is reported as miscellaneous revenue.()
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12．To streamline a voucher system,procedures for purchasing,receiving,and paying for merchandi can be performed by one department or individual.()
13．A voucher is an internal document or file ud to accumulate information to control cash disburments and to ensure that a transaction is properly recorded.()
14．The journal entry for petty cash reimburment involves a debit to the appropriate expens and a credit to Petty Cash.()
15．The petty cash fund should be reimburd when it is nearing zero and at the end of the accounting period when financial statements are prepared.()
16．A bank reconciliation explains any differences between the balance of a checking account on the depositor's records and the balance reported on the bank statement.()
17．Outstanding checks are checks the bank has paid and deducted from the customer's account during the month.()twenty的序数词
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18．After preparing a bank reconciliation,adjusting entries must be made for items reconciling the bank balance and items reconciling the book balance.()
19．Subsidiary ledgers are not needed in perpetual inventory systems becau the accounting system captures sufficient details to support analys that decision makers need.()
20．The general journal is ud for transactions not covered by special journals and for adjusting,closing, and correcting entries.()
21．Goods on consignment are goods shipped by their owner,called the consignee,to another party called the consignor.()
22．If the ller is responsible for paying freight charges,then ownership of inventory pass when goods arrive at their destination.()
23．The cost of an inventory item includes its invoice cost minus any discount,and plus any added or incidental costs necessary to put it in a place and condition for sale.()
24．The consistency concept prescribes that a company u the same accounting methods period after period,so that financial statements are comparable across periods.()
25．Whether purcha costs are rising or falling,FIFO always will yield the highest gross profit and net income.()
26．Closing revenue and expen accounts at the end of the accounting period rves to make the revenue and expen accounts ready for u in the next period..()
27．LIFO is preferred when purcha costs are rising and managers have incentives to report higher income for reasons such as bonus plans,job curity,and reputation.()
28．A classified balance sheet organizes asts and liabilities into important subgroups that provide more information to decision makers.()
29．An understatement of the beginning inventory balance will understate cost of goods sold and overstate net income.()
30．An overstatement of ending inventory will cau an overstatement of asts and an understatement of equity on the balance sheet.()
31．A company's total cost of inventory was$305,000and its market value is$297,000.Under the lower of cost and market value,the amount reported should be$305,000.()
32．A merchandising company's operating cycle begins with the sale of merchandi and ends with the collection of cash from the sale.（）
