南开20秋学期《会计专业英语》在线作业.78FF5D6E-A050-4FAB-

20秋学期（1709、1803、1809、1903、1909、2003、2009 ）《会计专业英语》在线作业

The term "inventory" indicates ( )

A:merchandise held for sale in the normal course of business

B:materials in the process of production or held for production

C:supplies

D:both A and B

答案：D

The primary purpose of a stock split is to （）

A:increase paid-in capital

B:reduce the market price of the stock per share

C:increase the market price of the stock per share

D:increase retained earnings

答案：B

The ability of a business to pay its debts as they come due and to earn a reasonable amount of income is referred to as ( )

A:solvency and leverage

B:solvency and profitability

C:solvency and liquidity

D:solvency and equity

答案：B

For accounting purposes, the business entity should be considered separate from its owners if the entity is( )

A:a corporation

B:a proprietorship

C:a partnership

D:all of the above

答案：D

The two most common specialized fields of accounting in practice are( ) A:forensic accounting and financial accounting

B:managerial accounting and financial accounting

C:managerial accounting and environmental accounting

D:financial accounting and tax accounting systems

答案：B

The interest rate specified in the bond indenture is called the （）

A:discount rate

B:contract rate

C:market rate

D:effective rate

答案：B

The excess of issue price over par of common stock is termed a(n) （）