《会计专业英语》期末复习资料

1《会计英语》复习资料二、单项选择（红字为正确答案）：Financialreportsareusedbyd.alloftheabove1.Foraccountingpurposes,thebusinessentityshouldbeconsideredseparatefromitsownersiftheentityis（）d.alloftheabove2.Whichofthefollowingbestdescribesaccounting?b.isaninformationsystemthatprovidesreportstostakeholders3.Usingaccrualaccounting,expensesarerecordedandreportedonlya.whentheyareincurred,whetherornotcashispaid4.Themeasurementbasesexclude()c.Saleprice5.Debtsowedbyabusinessarereferredtoas（）d.liabilities6.Whichofthefollowingfinancialstatementsreportsinformationasofaspecificdate?c.balancesheet7.Cashinvestmentsmadebytheownertothebusinessarereportedonthestatementofcashflowsinthea.financingactivitiessection8.Theaccountingequationmaybeexpressedasd.Assets-Liabilities=Owner'sEquity9.Whichofthefollowinggroupsofaccountshaveanormalcreditbalance?a.revenues,liabilities,capital10.Whichofthefollowinggroupsofaccountshaveanormaldebitbalance?d.assets,expenses11.Whichofthefollowingtypesofaccountshaveanormalcreditbalance?c.revenuesandliabilities12.Intheaccountingcycle,thelaststepis（）a.preparingapost-closingtrialbalance13.Whichofthefollowingshouldnotbeconsideredcashbyanaccountant?c.postagestamps214.Abankreconciliationshouldbepreparedperiodicallybecause（）c.anydifferencesbetweenthedepositor'srecordsandthebank'srecordsshouldbedetermined,andanyerrorsmadebyeitherpartyshouldbediscoveredandcorrected15.Theamountoftheoutstandingchecksisincludedonthebankreconciliationasa(n)（）c.deductionfromthebalanceperbankstatement16.Theassetcreatedbyabusinesswhenitmakesasaleonaccountistermedc.accountsreceivable17.WhatisthetypeofaccountandnormalbalanceofAllowanceforDoubtfulAccounts?a.Contraasset,credit18.Theterminventoryindicates（）d.bothAandB19.Merchandiseinventoryattheendoftheyearwasunderstated.Whichofthefollowingstatementscorrectlystatestheeffectoftheerror?a.netincomeisunderstated20.Merchandiseinventoryattheendoftheyearisoverstated.Whichofthefollowingstatementscorrectlystatestheeffectoftheerror?b.owner'sequityisoverstated21.Theinventorymethodthatassignsthemostrecentcoststocostofgoodsoldisb.LIFO22.Underwhichmethodofcostflowsistheinventoryassumedtobecomposedofthemostrecentcosts?b.first-in,first-out23.Whentheperpetualinventorysystemisused,theinventorysoldisdebitedto()b.costofmerchandisesold24．Allofthefollowingbelowareneededforthecalculationofdepreciationexceptd.bookvalue25.Acharacteristicofafixedassetisthatitisb.usedintheoperationsofabusiness26.AccumulatedDepreciation()c.isacontraassetaccount27.Thetwomethodsofaccountingforinvestmentsinstockarethecostmethodandthe（）b.equitymethod28.Acapitalexpenditureresultsinadebitto（）d.anassetaccount29.Currentliabilitiesare（）d.dueandpayablewithinoneyear30.Thedebtcreatedbyabusinesswhenitmakesapurchaseonaccountisreferredtoasanb.accountpayable31.Notesmaybeissued（）d.alloftheabove332.Thecostofaproductwarrantyshouldbeincludedasanexpenseinthec.periodofthesaleoftheproduct33.Ifthemarketrateofinterestis8%,thepriceof6%bondspayinginterestsemiannuallywithafacevalueof$100,000willbec.Lessthan$100,00034.Theinterestratespecifiedinthebondindentureiscalledthe（）b.contractrate35.Whenthecorporationissuingthebondshastherighttorepurchasethebondspriortothematuritydateforaspecificprice,thebondsared.callablebonds36.Whenthemarketrateofinterestonbondsishigherthanthecontractrate,thebondswillsellatd.adiscount37.Onepotentialadvantageoffinancingcorporationsthroughtheuseofbondsratherthancommonstockisc.theinterestexpenseisdeductiblefortaxpurposesbythecorporation38.Characteristicsofacorporationinclude（）d.shareholderswhohavelimitedliability39.Stockholders'equity（）c.includesretainedearningsandpaid-incapital40.Theexcessofissuepriceoverparofcommonstockistermeda(n)（）d.premium41.Cashdividendsareusuallynotpaidonwhichofthefollowing?c.treasurystock42.Whichofthefollowingaccountsbelowisreportedinthepaid-incapital/stockholders'equitysectionofthecorporatebalancesheet?d.PreferredStock43.Ifpreferredstockhasdividendsinarrears,thepreferredstockmustbed.convertible44.Theprimarypurposeofastocksplitistob.reducethemarketpriceofthestockpershare45.Whichstatementbelowisnotareasonforacorporationtobuybackitsownstock.d.toincreasethesharesoutstanding46.Theliabilityforadividendisrecordedonwhichofthefollowingdates?d.thedateofdeclaration47.Incredittermsof2/10,n/30,the2representsthed.percentofthecashdiscount448.Revenueshouldberecognizedwhen（）b.theserviceisperformed49.Theabilityofabusinesstopayitsdebtsastheycomedueandtoearnareasonableamountofincomeisreferredtoas（）b.solvencyandprofitability50.Whichofthefollowingisnotincludedinthecomputationofthequickratio?a.inventory四、问答题：3．Differentiatebetweenfinancialaccountingandmanagerialaccounting.财务会计与管理会计的区别。Financialaccountingisprimarilyconcernedwiththerecordingandreportingofeconomicdataandactivitiesforabusiness.Managementaccountingusesbothfinancialaccountingandestimateddatatoaidmanagementinrunningday-to-dayoperationsandinplanningfutureoperations..4．Theobjectiveoffinancialreporting财务报告的目标。参考答案：Overallobjective（总体目标）offinancialreportingistoprovidefinancialinformationusefultoexternalu