幫別人做的 我一點(diǎn)都不懂 和 判斷題
1.Financial reports are used by
a.management
b.creditors
c.investors
d.all of the above
2.Which of the following types of accounts have a normal credit balance?
a.assets and liabilities
b.liabilities and expenses
c.revenues and liabilities
d.capital and drawing
3.The asset created by a business when it makes a sale on account is termed
a.accounts payable
b.prepaid expense
c.unearned revenue
d.accounts receivable
4.Merchandise inventory at the end of the year is overstated.Which of the following statements correctly states the effect of the error?
a.owner's equity is overstated
b.cost of merchandise sold is overstated
c.gross profit is understated
d.net income is understated
5.If preferred stock has dividends in arrears,the preferred stock must be
a.participating
b.callable
c.cumulative
d.convertible
6.One potential advantage of financing corporations through the use of bonds rather than common stock is
a.the interest on bonds must be paid when due
b.the corporation must pay the bonds at maturity
c.the interest expense is deductible for tax purposes by the corporation
d.a higher earnings per share is guaranteed for existing common shareholders
7.Which of the following best describes accounting?
a.records economic data but does not communicate the data to users according to any specific rules
b.is an information system that provides reports to stakeholders
c.is of no use by individuals outside of the business
d.is used only for filling out tax returns and for financial statements for various type of governmental reporting requirements
8．All of the following below are needed for the calculation of depreciation except
a.cost
b.residual value
c.estimated life
d.book value
9.Which of the following accounts below is reported in the paid-in capital/stockholders' equity section of the corporate balance sheet?
a.Cash
b.Stock Dividends
c.Organizational Expenses
d.Preferred Stock
10.If the market rate of interest is 8%,the price of 6% bonds paying interest semiannually with a face value of $100,000 will be
a.Equal to $100,000
b.Greater than $100,000
c.Less than $100,000
d.Greater than or less than $100,000,depending on the maturity date of the bonds
判斷1.Accounting is a service that provides many different users with financial information to make economic decisions.
2.The double-entry accounting system records each transaction twice.
3.The cost of new equipment is called revenue expenditure because it will help generate revenues in the future.
4.Dividends in arrears are liabilities of the corporation.
5.The financial statements of a proprietorship should include the owner's personal assets and liabilities.
6.Even when a trial balance is in balance,there may be errors in the individual accounts.
7.The main reason that the bank statement cash balance and the depositor's cash balance do not initially balance is due to timing differences.