财务报表分析单元测试题三及答案

财务报表分析单元测试题三及答案
财务报表分析单元测试三
姓名：学号：班级
一、单项选择题（每题1分，共30分）
1、Assets = liabilities + owner’s equity, this is called (A)
A. accounting equation
B. double entry accounting
C. T-account
D. chart of account
2、A system of accounting for recording transactions , based on recording increases and decreases in accounts so that debits equals credits is called (B)
A. accounting equation
B. double entry accounting
C. T-account
D. chart of account
3、You own a building cleaning business. You complete cleaning the building in an office plaza and charge your customer $500. What effects are there to the accounting equation? (D)
A. assets are increased by $500 and liabilities are increased by $500.
B. assets are decreased by $500 and liabilities are decreased by $500.
C. assets are decreased by $500 and owner’s equity is decreased by $500.
D. assets are increased by $500 and owner’s equity is increased by $500.
4.If you open a window cleaning business and deposit $1000 of your own personal money in a bank account
for the business, what effects are there to the accounting equation? (B)
A. assets are decreased and liabilities are decreased
B. assets are increased and owner’s equity is increased.
C. assets are increased and owner’s equity is decreased.
D. liabilities are decreased and owner’s equity is increased.
5、You own a lawn service business. If you charge a customer $30 for mowing their lawn, what is the $30 to your business? (A)
A. revenue
B. an expense
C. a liability
D. an obligation
6、You own a lawn service business. You pay $500 for gasoline and store it in a holding tank. What is the gasoline? (C)
A. an expense
B. a liability
C. an asset
D. owner’s equity
7、You have ownership of a lawn service business. You store gasoline in a holding tank and draw it out as you need it. You mow lawns all day and use $20 worth of gasoline. What is the $20 worth of gasoline? (A)
A. an expense
B. a liability
C. an asset
D. owner’s equity
8、The amount of money received and deposited in the bank should be recorded in which of the following accounts? (B)
A. money received
B. cash
C.. liquid resources
D. accounts receivable
9、When a business purchased supplies to be used over the next few months, it should record the cost of
the supplies in what account? (C)
A. supplies expense
B. supplies usable
C. supplies inventory
D. none of the above
10、A credit customer paid their bill. This should be recorded in which of the following accounts? (C)
A. accounts payable
B. accounts due
C. accounts receivable
D. capital
11、When an account is entered on the left side of an account ,it is a (A)
A. debit
B. credit
C. debited
D. credited
12、When an account is entered on the right side, it is a (B)
A. debit
B. credit
C. debited
D. credited
13、Debits and credits are sometimes abbreviated as (C)
A. D and C
B. De and Cr
C. Dr and Cr
D. De and Ce
14、The difference between the debits and the credits is called (B)
A. footings
B. the ending balance
C. asset
D. liability
15、Which of the account has a debit balance?(A)
A. account receivable
B. account payable
C. notes payable
D. revenue
16、Which of the account has a credit balance?(B)
A. account receivable
B. account payable
C. cash
D. expense
17、Increases in assets are (D)to asset accounts.
A. credit
B. credited
C. debit
D. debited
18、Decreases in assets are (B)to asset accounts.
A. credit
B. credited
C. debit
D. debited
19、Increases in liability are (B)to liability accounts.
A. credit
B. credited
C. debit
D. debited
20、Decreases in liability are (D)to liability accounts.
A. credit
B. credited
C. debit
D. debited
21、Increases in capital are (B)to capital accounts.
A. credit
B. credited
C. debit
D. debited
22、Decreases in capital are (D)to capital accounts.
A. credit
B. credited
C. debit
D. debited
23、Why the increases in revenue accounts are credited?(C)
A. because revenue can increase asset
B. because revenue can decrease asset
C. because revenue can increase capital
D. because revenue can decrease capital
24、Why the increases in expense accounts are debited?(C)
A. because expense can decrease asset
B. because expense can increase asset
C. because expense can decrease capital
D. because expense can increase capital
25、Mr.Himes invested $4000 in cash to open his practice. The two accounts affected are(C)
A. cash and revenue
B. cash and accounts receivable
C. cash and capital
D. cash and expense
26、Bought office supplies on account. The two accounts affected are (D)
A. supplies and cash
B. supplies and accounts receivable
C. supplies expense and accounts payable
D. supplies and accounts payable
27、Bought office furniture ,paid one third, the other is on account. The accounts affected are (A)
A. office furniture, cash, accounts payable
B. office furniture, accounts receivable, cash
C. cash, capital, office furniture
D. capital, office furniture, accounts payable
28、Paid office rent for March, $500. The two accounts affected are (D)
A. cash and accounts payable
B. accounts receivable and rent expense
C. cash and accounts receivable
D. rent expense and cash
29、Paid $1200 to Stanley Furniture Company on account. The accounts affected are (B)
A. cash and accounts receivable
B. cash and accounts payable
C. accounts payable and expense
D. cash and capital
30、下面哪一个是应收账款周转天数。

（C）
A、days’sales in receivable
B、accounts receivable turnover
C、accounts receivable turnover in days
D、inventory turnover
二、多项选择题（每题1.5分，共30分）
1、Which is fixed asset (AB)
A. equipment
B. building
C. inventory
D. bonds payable
2、Which is the accounting principle (ABC)
A. the objectivity principle
B. the consistency principle
C. materiality
D. accounting entity
3、Which is long-term liability. (AD)
A. mortgages payable
B. notes payable
C. accounts payable
D. bonds payable
4、Which of the following account is current asset (BD)
A. furnish
B. account receivable
C. land
D. cash
5、Which can affect the net income (ABC)
A. the cost of the goods sold
B. revenue
C. supplies expense
D. notes payable
6、The links between the financial statements are (AB)
A. net income from the income statement to the statement
of owner’s equity
B. ending capital from the statement of owner’s equity to the balance sheet
1
C. net income from the income statement to the balance sheet
D. none of the above
7、The financial statement that is dated for a time period ( rather than a specific time ) is the (AD)
A. income statement
B. balance sheet
C. all financial statement of owner’s equity
D. statement of owner’s equity
8、Which of the following asset is used to calculate inventory turnover (存货周转率)(BC)
A. cash
B. inventory
C. cost of goods sold
D. account receivable
9、The elements in balance sheet is (ABC)
A. capital
B. liability
C. expense
D. asset
10、Which is the variation of the accounting equation? (ABD)
A. capital = assets- liabilities
B. liabilities = assets- capital
C. assets = liabilities + capital
D. liabilities + capital =assts
11、Invested $4000 to open a company. The entry will be
(AD)
A. debit to cash
B. credit to cash
C. debit to capital
D. credit to capital
12、Bought office supplies for cash, $300. The entry will be (BC）
A. debit to cash
B. credit to cash
C. debit to supplies
D. credit to supplies
13、The two forms of balance sheet are (AB)
A. report form
B. account form
C. two column form
D. journal form
14、The elements of the capital statement are (ABC)
A. capital
B. net income
C. withdrawal
D. expense
15、Which of the following is belonged to asset? (ACD)
A. accounts receivable
B. notes payable
C. goodwill
D. prepaid expense
16、Long-term asset can be classified into (CD)
A. current asset
B. prepaid expense
C. fixed asset
D. intangible asset
17、Which is current liability? (AC)
A. notes payable
B. bonds payable
C. accounts payable
D. mortgages payable
18、Two groups of items that make up the income statement are (CD)
A. asset
B. liability
C. income
D. expense
19、Supplies on hand is classified as an (A) and appears in the (C)
A. asset
B. liability
C. balance sheet
D. income sheet
20、Accrued salaries is treated in the balance sheet as a (BD), whereas salaries expense appears in the income statement as an ( ).
A. asset
B. liability
C. income
D. expense
三、判断题（每题1分，共20分）
1、The principle of consistency means that a company should never make a change in its accounting methods. (B)
2、According to accounting entity assumption , financial statements are identified as belonging to a particular business
entity. (A)
3、If liquidation appears likely, the going concern assumption is no longer valid.(A)
4.Accountants always seek the most objective evidence available. Invoices, contracts, paid checks and physical counts of inventory are examples of objective evidence.
(A)
5、According to Materiality principle, accountants are primarily concerned with significant information and are not overly concerned with those items that have little effect on financial statements. (A)
6、Equities are divided into liabilities and capital. (A)
7、Sometimes the accounting equation is not in equality over the life of the business. (B)
8、When a transaction occurs, the total assets of the business may change, and the equation will not in balance.(B)
9、Owners'equity is the owners'claim on the organization's assets.(A)
10、Bought additional equipment for $2000 on account. In this transaction, the cash is decreased and the equipment is increased. (B)
11、Purchased supplies, $600, for cash. In this transaction, the supplies are increased and the cash is decreased. (A)
12、Received $2400 in fees earned during the month. In this transaction, we should debit to accounts receivable
account and credit to fees income account.(B)
13、Paid general expenses, $400. In this transaction, we should debit to expense account and credit to cash
account. (A)
14、At the beginning of the month, we purchased supplies
for $600, at the end of the month ,we found only $150 supplies on hand. So the cost of supplies we used during the month is $450. (A)
15、Long-term assets are cash and the assets that will be converted into cash or used up during the normal
operating cycle of the business or one year, whichever is longer. (B)
16、Prepaid expenses such as insurance, rent, and supplies are normally consumed during the operating cycle
rather than converted into cash.(A)
17、Intangible assets are characterized by the legal claims or right which may include patents, land, goodwill.
(B)
18、The left side of the account is called the debit side, and the right side of the account is called the
credit side. (A)
19、The reason that double-entry accounting has been in existence for over 500 years is because it ensures
accuracy. (A)
20、Since revenue increase asset, they are credited in each case to a revenue account that shows the kind of
revenue earned. (B)
四、案例分析题（共20分）
1.有价证券(marketable securities)
2.权益证券(equity securities)
3.持有至到期证券(held-to-maturity
securities)4.可销售证券(available-for-sale securities)5.控制权益(controlling interests)6.控股公司(holding company)7.利得交易(gains trading)8.权益法会计(equity method accounting)9.纳税准备(provision for taxes) 10.
企业合并(business combination)
11.可持续受益（sustainable income）12.经常受益（recurring income）13.临时性受益（transitory component）14.
不洁盈余（dirty surplus）15.息税前盈余（earnings before interest and taxes）16.税后净经营利润（net operating profit after taxes ）17.非常项目（extraordinary items）18.终止经营前的收益（income before discontinued operations）19.会计估计（accounting estimates）20.以前时期调整（prior period adjustment）
2。