《会计专业英语期末考试练习卷(new).pdf》由会员分享，可在线阅读，更多相关《会计专业英语期末考试练习卷(new).pdf（5页珍藏版）》请在taowenge.com淘文阁网|工程机械CAD图纸|机械工程制图|CAD装配图下载|SolidWorks_CaTia_CAD_UG_PROE_设计图分享下载上搜索。
1、1.1.The economic resources of a business are called:BA.Owner s EquityB.AssetsC.Accounting equationD.Liabilities2 2。DTK Company has a$3500 accounts receivable from GRS Company。On January 20，GRSCompanymakes a partialpaymentof 2100 to DTK Company。The journalentry made onJanuary 20 by DTK Company to rec
2、ord this transaction includes：DA.A debit to the cash receivable account of2100.B.A credit to the accounts receivable account of$2100.C.A debit to the cash account of1400.D.A debit to the accounts receivable account of1400。3 3。In general terms,financial assets appear in the balance sheet at:AA.Face v
3、alue.账面价值B.Current value。现值C.Market value.市场价值D.Estimated future sales value.4.4.Each of the following measures strengthens internal control over cash receipts exceptexcept：DA.The use of a voucher system.B.Preparation of a daily listing of all checks received through the mail。C.The deposit of cash r
4、eceipts intact in the bank on a daily basis.D.The use of cash registers.5 5。Which of the following items is the greatest in dollar amount？DA.Beginning inventoryB.Cost of goods sold.C.Cost of goods available for saleD.Ending inventory6.6.Why do companies prefer the LIFO inventory后进先出法method during a
5、period of rising prices?BA.Higher reported incomeB.Lower income taxesC.Lower reported incomeD.Higher ending inventory7.7.Which of the followingcharacteristicswouldpreventpreventan item from beingincludedin theclassification of plant and equipment?DA.IntangibleB.Unlimited lifeC.Being sold in its usef
6、ul life1D.Not capable of rendering benefits to the business in the future。8.8.Which account isnotnot a contra asset account？BA.Depreciation ExpenseB.Accumulated DepletionC.Accumulated DepreciationD.Allowance for Doubtful Accounts9 9。What are the two factors that make ownership of an interest in a ge
7、neral partnership particularlyrisky？AA.Mutual agency and unlimited personal liabilityB.Limited life and unlimited personal liability。C.Limited life and mutual agency。D.Double taxation and mutual agency1010。Which of the followingtypes of businessownersdodo notnot take an active role in the dailymanag
8、ement of the business?DA.General partnersB.Limited liability partnersC.Sole proprietors个体经营者D.Stockholders in a publicly owned corporation11.11.Analysts can use the footnotes to the financial statements toDA.Help their analysis of financial statementsB.Help their understanding of financial statement
9、sC.Help their checking of financial statements.D.All of the above12.12.The current liabilities are$30 000,the long-term liabilities are50 000，and the total assetsare$240 000.What is the debt ratio?CA.0。125B.0。208C.0。333D.3.01313。The horizontal analysis is used mainly toAA.Analyzing financial trendsB
10、.Evaluating financial structureC.Assessing the pat performancesD.Measuring the term-paying ability1414。Among the following ratios,which is used for long-term solvency analysis？长期偿债能力分析AA.Current ratio流动比率B.Timesinterest earned ratio2C.Operating cycleD.Book value per share1515。A profit-making busines
11、s that is a separate legal entity and in which ownership is divided intoshares of stock is known as aDA.Sole proprietorship个体独资公司B.Single proprietorshipC.Partnership合伙公司D.Corporation股份有限公司一、一、名词解释名词解释(10(10 分）分）(1）Journal entry：日记账 Journal entry is a logging of transactions into accounting journal i
12、tems.It can consist of several items,each of which is either a debit or a credit.The total of the debits mustequal the total of the credits or the journal entry is said to be unbalanced。Journal entries canrecord unique items or recurring items such as depreciation or bond amortization。（2）Going conce
13、rn：持续经营The company will continue to operate in the near future，unlesssubstantial evidence to the contrary exists。(3）Matching principle：一致性原则(4)Working capital：营运资金(5)Revenue expenditure：收入费用二、会计业务会计业务（共 35 分)1.1.On December1,ME Company borrowed$250 000 from a bank，and promise to repay thatamount plu
14、s 12 interest(per year)at the end of 6 months。(1)Prepare the general journal entry to record obtaining the loan from the bank on December 1。(2)Prepare the adjusting journal entry to record accrual of the interest payable on the loan onDecember 31。(3)Prepare the presentation of the liability to the b
15、ank on MEs December balance sheet。Answer：(1)Debit:cash250000Credit:current liabilities250000(2)Debit：Accrual Expense5000 不确定Credit：Interest Payable$5000(3）P392.2.The followinginformationrelating to the bank checking account is availablefor Music Hall atJuly 31：Balance per bank statement at July 31Ba
16、lance per depositors records320 000018 860Outstanding checksDeposits in transitService charge by bankPrepare a bank reconciliation银行对账工作fro Music Hall at July 31.Answer：P422 000800603。Please prepare the related entries according to the following accounting events.1）Assumethe HealyFurniturehas credit
17、sale of 1，200，000 in 2002.Of this amount,200,000remainsuncollectedat December31.The credit managerestimatesthat 12,000 ofthesesaleswillbe uncollectible.Pleasepreparethe adjustingentryto recordthe estimateduncollectible。2）On March 1,2003 the manager of finance of Healy Furniture authorizes a writeoff
18、 of the$500balance owed by Nick Company。Please make the entry to record the write-off。3)On July 1，Nick Company paid the$500 amount that had been written off on March 1。Answer：(1)Debit：Uncollectible Accounts Expense坏账损失12000Credit:Allowance for Doubtful Accounts坏账准备$12000(2)Debit:Allowance for Doubtf
19、ul Accounts$500Credit：Accounts Receivable500(3)Debit:Accounts Receivable$500Credit:Allowance for Doubtful Accounts$500Debit：Cash 500Credit：Accounts Receivable500四、英译汉四、英译汉（40 分）（1)Accountingprinciplesare not like physicallaws；they do not exist in nature,awaitingdiscoveryman.Rather,they are developed
20、by man,in light of what we considerto be the mostimportant objectives of financial reporting.In many ways generally accepted accounting principlesare similar to the rules established for an organized sport such as football or basketball.会计准则不像自然法则那样天生就存在等待人类去探索。会计准则需要人类在财务报告最重要目标的指引下去不断发展。很多时候我们认为会计
21、准则就像一场组织运动的规则（例如足球或篮球的规则）（2）Accountinghave devised procedureswhereby the flows of cash receipts and payments arespread over a period of time in a certain way to derive income，which is representativeof theeconomic performanceof the firm for the given period.The income concept as applied in the realwo
22、rld involves numerous decisions and judgments.会计有特定的流程。在这个流程中现金收支在一定时间内通过一些特定方式流入流出并产生收入。收入代表一个公司在某一时间段的经济效益。收入这个概念在现实世界中包含着大量决策4和评判.（3)Accountingis an informationsystem of interpreting，recording，measuring，classifying,summarizing,reporting and describing business economic activities withmonetary uni
23、t as its maincriterion.The accounting information is primarily supplied to owners，managers and investors ofevery business，and other users to assist in the decisionmaking process.Therefore,accounting isalso called“the language of business”。会计是一个翻译、记录、计量、认定、总结、报告和用现金作为主要标准来衡量企业经济活动的信息系统。会计信息主要提供给公司所有者
24、、经营者、投资者和其他使用者以帮助他们决策。所以，会计又被称为“公司的语言”。(4）The use of accounting information is notlimited to the business world。We live inan ear ofaccountability.An individualmust account for his or herincome andmust file income tax returns.Often an individualmust supply personal accountinginformationin order to qualify for a loan,toobtain a credit card，or to be eligible for a college scholarship.会计信息的运用并不限于商业界。会计在我们生活中无处不在.个人需要记录他的收入并整理他的纳税申报表。当一个需要申请贷款、信用卡或奖学金时，他通常需要提供个人会计信息来获得申请资格。5