专业英语试卷A

The Examination Paper of Jinan University

Score

Evaluator Section I: Select the best answer for each of the following unrelated items and write “A,B,C or D ” in the blank bellow. (1 marks for each question, totally 30 marks)

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1. A company issues a check for $98 to pay supplies but records it incorrectly as $89. On

the bank reconciliation, the $9 should be ( )

A. deducted from the balance per bank.

B. added to the balance per bank.

C. added to the balance per books

D. deducted from the balance per books.

2.The cost of a factory machine includes all of the following costs except ( )

A. two-year insurance policy on the machine.

B. sales tax and insurance during shipping.

For

Instructor

Only Academic Year : 2012 –2013 Semester: 1st [ ] 2nd [√]

Course Title: 专业英语___________________ Date of the Examination___2013年 月 日_____

Instructor’s Name 龙凌霄 ___ Course Type Compulsory[√] Elective [ ] Form of the Examination Open-book [ ] Closed-book [√] Paper A[ √ ] Paper B [ ] Paper C[ ]

Total Pages 8

For Student

Only School/College Major Grade _________________________

Name Student No.

Section No.

I II III IV V VI VII VIII IX X Total Score

Score

C. invoice price less discount taken.

D. testing and installation cost.

3.Upon which of the following does managerial accounting place considerable weight?( )

A. Generally accepted accounting principles.

B. Detailed segment reports about departments, products, and customers.

C. Ensuring that all transactions are properly recorded.

D. The financial history of the entity.

4.After all the closing entries have been posted, the balance of the income summary will be ( )

A. a debit if a net income has occurred.

B. a debit if a net loss has occurred.

C. a credit if a net loss has occurred.

D. zero.

5.An asset that cost $10,000 and has accumulated depreciation of $6,000 is sold for $2,200.The journal entry would include a ( )

A. debit to Loss on Disposal of $2,000.

B. debit to Loss on Disposal of $1,800.

C. credit to Gain on Disposal of $1,800.

D. credit to Accumulated Depreciation for $6,000.

6.Which of the following would NOT be considered a period cost? （）

A. The salary of the company president's secretary.

B. The cost of a general accounting office.

C. Sales commissions.

D. Depreciation of a machine used in manufacturing.

7.Recording consists of ( )

A.Identifying and measuring economic events

B.Preparing and distributing accounting reports

C.Keeping a systematic, chronological diary of events, measured in dollars

and cents

D.Identifying, measuring, receiving, and communication economic events to

interested users

8.On January 1, a machine with a useful life of 5 years and a salvage value of $600 was purchased for $5800. What is the depreciation expense in year 2 under the double declining-balance method? ( )

A. $ 2,320

B. $ 2,080

C. $ 1,392

D. $ 1,248

9.The equity method is used when the investor ( )

A. makes long-term investments in stocks.

B. owns between 20% and 50% of the investee’s common stock.

C. owns less than 20% of the investee’s common stock.

D. plans to sell the investments within one year.

10.The cost flow method that results in the lowest income taxes when prices are rising is ( )

A. LIFO

B. FIFO

C. average cost.

D. specific identification.

11.In preparing closing entries, which of the following columns of the worksheet are

the most helpful? ( )

A. The Adjustments column