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16秋学期)《会计专业英语》在线作业
17春南开16秋学期)《会计专业英语》在线作业
一、单选题(共 20 道试题,共 40 分。)
1. Current liabilities are( )
A. due, but not receivable for more than one year
B. due, but not payable for more than one year
C. due and receivable within one year
D. due and payable within one year
正确答案:
2. Under which method of cost flows is the inventory assumed to be composed of the most recent costs?
A. average cost
B. last-in, first-out
C. first-in, first-out
D. weighted average
正确答案:
3. Notes may be issued ( )
A. when assets are purchased
B. to creditors to temporarily satisfy an account payable created earlier
C. when borrowing money
D. all of the above
正确答案:
4. Cash equivalents( )
A. are illegal in some company
B. will be converted to cash within two years
C. will be converted to cash within 90 days
D. will be converted to cash within 120 days
正确答案:
5. 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 account
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
正确答案:
6. The most widely used depreciation method is
A. straight-line
B. sum-of-the-years-digits
C. declining-balance
D. units-of-production
正确答案:
7. When the perpetual inventory system is used, the inventory sold is debited to ( )
A. supplies expense
B. cost of merchandise sold
C. merchandise inventory
D. sales
正确答案:
8. Debts owed by a business are referred to as( )
A. accounts receivables
B. equities
C. owner’s equity
D. liabilities
正确答案:
9. On the balance sheet, the amount shown for the Allowance for Doubtful Accounts is equal to the ( )
A. Uncollectible accounts expense 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.
正确答案:
10. The interest rate specified in the bond indenture is called the ( )
A. discount rate
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