20秋学期（1709、1803、1809、1903、1909、2003、2009 ）会计专业英语在线作业试卷总分:100 得分:100随机试卷，核对好题目一、单选题 (共 20 道试题,共 40 分)1.Using accrual accounting, expenses are recorded and reported only（ ）A.when they are incurred, whether or not cash is paidB.when they are incurred and paid at the same timeC.if they are paid before they are incurredD.if they are paid after they are incurred答案:A2.Current liabilities are（ ）A.due, but not receivable for more than one yearB.due, but not payable for more than one yearC.due and receivable within one yearD.due and payable within one year答案:D3.In the accounting cycle, the last step is( )A.preparing the financial statementsB.journalizing and posting the adjusting entriesC.preparing a post-closing trial balanceD.journalizing and posting the closing entries答案:C4.Notes may be issued （ ）A.when assets are purchasedB.to creditors to temporarily satisfy an account payable created earlierC.when borrowing moneyD.all of the above答案:D5.The interest rate specified in the bond indenture is called the ( )A.discount rateB.contract rateC.market rateD.effective rate答案:B6.Profit is the difference betweenA.assets and liabilitiesB.the incoming cash and outgoing cashC.he assets purchased with cash contributed by the owner and the cash spent to operate the businessD.the amounts received from customers for goods or services and the amounts paid for the inputs used to provide the goods or services答案:D7.The cost of a product warranty should be included as an expense in the （ ）A.period the cash is collected for a product sold on accountB.future period when the cost of repairing the product is paidC.period of the sale of the productD.future period when the product is repaired or replaced答案:C8.In which section of the balance sheet would Treasury Stock be reported?A.Fixed assetsB.Long-term liabilitiesC.Stockholders equityD.Intangible assets答案:C9.A bank reconciliation should be prepared periodically because ( )A.the depositors records and the banks records are in agreementB.the bank has not recorded all of its transactionsC.any differences between the depositors records and the banks records should be determined, and any errors made by either party should be discovered and correctedD.the bank must make sure that its records are correct答案:C10.A capital expenditure results in a debit to （ ）A.an expense accountB.a capital accountC.a liability accountD.an asset account答案:D11.When the perpetual inventory system is used, the inventory sold is debited to ( )A.supplies expenseB.cost of merchandise soldC.merchandise inventoryD.sales答案:B12.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 bondsB.unsecured bondsC.debenture bondsD.callable bonds答案:D13.The interest rate specified in the bond indenture is called the （ ）A.discount rateB.contract rateC.market rateD.effective rate答案:B14.If preferred stock has dividends in arrears, the preferred stock must be ( )A.participatingB.callableC.cumulativeD.convertible答案:C15.The characteristics of partnership exclude( )A.more financial resources than a proprietorshipB.additional management skillsC.limited liabilityD.unlimited liability答案:C16.The liability for a dividend is recorded on which of the following dates?A.the date of recordB.the date of paymentC.the date of announcementD.the date of declaration答案:D17.The cost method of accounting for stock( )A.recognizes dividends as incomeB.is only appropriate as part of a consolidationC.requires the investment be increased by the reported net income of the investeeD.requires the investment be decreased by the reported net income of the investee答案:A18.The debt created by a business when it makes a purchase on account is referred to as anA.account payableB.account receivableC.assetD.expense payable答案:A19.Under which method of cost flows is the inventory assumed to be composed of the most recent costs?A.average costB.last-in, first-outC.first-in, first-outD.weighted average答案:C20.Deferred revenue is revenue that isA.earned and the cash has been receivedB.earned but the cash has not been receivedC.not earned and the cash has not been receivedD.not earned but the cash has been received答案:D二、判断题 (共 30 道试题,共 60 分)21.Under the cash basis for the accounting period concept, revenues and expenses are reported in the income statement in the period in which cash is received or paid.答案:正确22.The role of accounting is to provide many different users with financial information to make economic decisions.答案:正确23.Ordinarily, a corporation owning a significant portion of the voting stock of another corporation accounts for the investment using the equity method.答案: