会计专业英语模拟试题及答案word版本
会计专业英语模拟试题及答案word版本
会计专业英语模拟试题及答案word版本《会计专业英语》模拟试题及答案一、单选题 (每题 1 分，共20分)1. Which of the following statements about accounting concepts or assumptions are correct?1) The money measurement assumption is that items in accounts are initially measured at their historical cost.2) In order to achieve comparability it may sometimes be necessaryto override the prudence concept.3) To facilitate comparisons between different entities it is helpful if accounting policies and changes in them are disclosed.4) To comply with the law, the legal form of a transaction must always be reflected in financial statements.A 1 and 3B 1 and 4C 3 onlyD 2 and 32. Johnny had receivables of $5 500 at the start of 2010. During the year to 31 Dec 2010 he makescredit sales of $55 000 and receives cash of $46 500 from credit customers.What is the balance on the accounts receivables at 31 Dec 2010?A. $8 500 DrB. $8 500 CrC. $14 000 DrD. $14 000 Cr3. Should dividends paid appear on the face of a companycash flow sta'tesment?A. YesB. NoC. Not sureD. Either4. Which of the following inventory valuation methods is likely to lead to the highest figure for closinginventory at a time when prices are dropping?A. Weighted Average costB. First in first out (FIFO)C. Last in first out (LIFO)D. Unit cost5. Which of following items may appear as non-currentassets in a company the'stsatement of financial position?(1) plant, equipment, and property(2) company car(3) ?4000 cash(4) ?1000 chequeA. (1), (3)C. (2), (3)D. (2), (4)6. Which of the following items may appear as current liabilities in a company ' s balance sheet?(1) investment in subsidiary(2) Loan matured within one year.(3) income tax accrued untill year end.(4) Preference dividend accruedA (1), (2) and (3)B (1), (2) and (4)C (1), (3) and (4)D (2), (3) and (4)7. The trial balance totals of Gamma at 30 September 2010 are:Debit $992,640Credit $1,026,480Which TWO of the following possible errors could, when corrected, cause the trial balance to agree? 1. An item in the cash book $6,160 for payment of rent has not been entered in the rent payable account.2. The balance on the motor expensesaccount $27,680 has incorrectly been listed in the trial balance as a credit.3. $6,160 proceeds of sale of a motor vehicle has been posted to the debit of motor vehicles asset account.4. The balance of $21,520 on the rent receivable account has been omitted from the trial balance.A 1 and 2B 2 and 3C 2 and 4D 3 and 48. Theta prepares its financial statements for the year to 30 April each year. The company pays rent for its premises quarterly in advance on 1 January, 1 April, 1 July and 1 October each year. The annual rent was $84,000 per year until 30 June 2010. It was increased from that date to $96,000 per year. What rent expense and end of year prepayment should be included in the financial statements for the year ended 30 April 2010?Expense PrepaymentA $93,000 $8,000B $93,000 $16,000C $94,000 $8,000D $94,000 $16,0009. At 30 September 2010, the following balances existed in the records of Lambda:Pla nt and equipme nt: $860,000Depreciati on for pla nt and equipme nt: $397,000During the year ended 30 September 2010, plant with a written down value of $37,000 was sold for $49,000. The plant had originally cost $80,000. Plant purchasedduring the year cost $180,000. It is the compa ny.s policy to charge a full year depreciati on in the year of acquisiti on of an asset and none in the year of sale, using a rate of 10% on the straight li ne basis. What net amount should appear in Lambda.s bala nee sheet at30 September 2010 for pla nt and equipme nt?A $563,000C $510,000D $606,00010. A company' s plant and machinery ledger account ithie year ended 30 September 2010 was as follows:Pla nt and machi neryostproporti on ate depreciati on in years of purchase and disposal. What is the depreciati on charge for the year e nded 30 September 2010?A $74,440B $84,040C $72,640D $76,84011. Listed below are some characteristics of finan cial informati on.(1) True⑵ Prude nee(3) Complete ness⑷ CorrectWhich of these characteristics con tribute to reliability?A (1),⑶ and ⑷ onlyB (1),⑵ and ⑷ onlyC (1),⑵ and ⑶ onlyD⑵，⑶and⑷only12. T he pla nt and mach inery cost acco unt of a compa ny is show n below. The compa ny policy is to charge depreciati on at 20% on the straight line basis, with proporti on ate depreciati on in years of acquisiti on and disposal.ostPla nt and machi neryA. $67,000B. $64,200D. $68,60013. In preparing its financial statements for the current year,a company ng inventory ' s closi was un derstated by $300,000. What will be the effect of this error if it remai ns un corrected?A The current year ' s profit will be overstated and next year ' s profit will be understB The current year' s profit will be understatedbut there will be no effect on next year' s profitC The current year ' s profit will be understated and next year ' s profit will be overstateD The current year' profit will be overstated but there will be no effect on next year' s profit.14. I n preparing a company's cash flow statement,which, if any, of the following items could form part of the calculati on of cash flow from financing activities?(1) Proceeds of sale of premises(2) Divide nds received(3) Issue of sharesA 1 onlyB 2 on lyC 3 on lyD No ne of them.15. At 31 March 2009 a compa ny had oil in ha nd to be used for heat ing costi ng $8,200 andan un paid heati ng oil bill for $3,600. At 31 March 2010 the heat ing oil in ha nd was $9,300 and there was an outstanding heating oil bill of $3,200. Payments made for heating oil duri ng the year en ded 31 March 2010 totalled $34,600. Based on these figures, what amount should appear in the compa ny ' s in come stateme nt for heati ngyefr theA $23,900B $36,100C $45,300D $33,10016. In times of inflation In times of rising prices, what effect does the use of the historicalcost concept have on a company ' s asset values and profit?A. Asset values and profit both un dervaluedB. Asset values and profit both overvaluedC. Asset values undervalued and profit overvaluedD. Asset values overvalued and profit undervalued17. Beta purchased some plant and equipment on 01/07/2010 for $60,000. The estimated residualvalue of the plant in 10 years time is estimated to be $6,000. Beta ' s policytois charge depreciation on the straight line basis, with a proportionate charge in the period of acquisition. What should the depreciation charge for the plant be in Beta 'asccounting period of 18 months to 30/09/2010 ?A. $5400B. $900C. $1350D. $67518. A company' isncome statement for the year ended 31 December 2005 showed a net profit of $83,600. It was later found that $18,000 paid for the purchase of a motor van had been debited to the motor expenses account. It is the company ' s policy to depreciate vans at 25 per cent per year on the straight line basis, with a full eyar ' s crhgae in the year of acquisition. What would the net profit be after adjusting for this error?A. $97,100B. $70,100C. $106,100D. $101,60019. Which of the following statements are correct?(1) to be prudent, company charge depreciation annually on the fixed asset(2) substance over form means that the commercial effect ofa transaction must always be shown in the financial statementseven if this differs from legal form(3) in order to achieve the comparable, items should be treated in the same way year on yearA. 2 and 3 onlyB. All of themC. 1 and 2 onlyD. 3 only20. which of the following about accruals concept are correct?(1) all financial statements are based on the accruals concept(2) the underlying theory of accruals concept and matching concept are same(3) accruals concept deals with any figure that incurred in the period irrelevant with it or notA. 2 and 3 onlyB. All of themC. 1 and 2 onlyD. 3 only。
会计专业英语-模拟题
会计专业英语-模拟题《会计专业英语》模拟题一.单选题1.The Realization Principle indicates that revenue usually should be recognized and recorded in the accounting record().A.when goods are sole or services are rendered to customersB.when cash is collected from customersC.at the end of the accounting periodD.only when the revenue can be matched by an equal dollar amount of expenses[答案]:A2.The Matching Principle:().A.applies only to situations in which a cash payment occurs before an expense is recognizedB.applies only to situations in which a cash receipt occurs before revenue is recognizedC.is used in accrual accounting to determine the proper period for recognition of expensesD.is used in accrual accounting to determine the proper period in which to recognize revenue[答案]:C3.Xxx company paid $2850 on account. The effect of this transaction on the accounting equation is to ().A.decrease assets and decrease owner’s equityB.increase liabilities and d ecrease owner’s equityC.have no effect on total assetsD.decrease assets and decrease liabilities[答案]:D4.Which of the following concepts belongs to accountingassumption?().A.ConservationB.Money measurementC.MaterialityD.Consistency[答案]:B5.Which of these is/are an example of an asset account?___A.service revenueB.withdrawalsC.suppliesD.all of the above[答案]:C6.Which of these statements is false?().A.increase in assets and increase in revenues are recorded with a debitB.increase in liabiliti es and increase in owner’s equity are recorded with a c reditC.increase in both assets and withdrawals are recorded with a debitD.decreases in liabilities and increase in expenses are recorded with a debit[答案]:A7.Note payable has a normal beginning balance of $30 000. During the period, new borrowings total $63,000 and the ending balance in Note Payable is $41,000. Determine the payments on loans during the period. ______A.$74000B.$52000C.$134000D.[答案]:B8.Typical liability accounts include _____.A.accounts payable, bank loan, wages payable, drawingsB.Accounts payable, bank overdraft, wages payable, stationaryC.Accounts receivable, bank overdraft, wages payableD.Accounts payable, borrowing from the public, bank overdraft, wages payable.[答案]:D9.Which of these accounts has a normal debit balance?_____.A.Rent ExpenseB.WithdrawalsC.Service RevenueD.Both A and B have a normal debit balance[答案]:D二.判断题1.Accounting provides financial information that is only useful to business management.()[答案]:F2.The accounting process generates financial reports for both “internal” and “external” u sers.() [答案]:T3.The basic concept of double-entry accounting is that total debits must equal total credits for every business transaction.() [答案]:T4.A trial balance represents a listing of the ledger accounts and balances at a particular moment in time.()[答案]:T5.The ledger account provides a chronological order of transactions.()6.Post reference columns are found only in the journal, notin the ledger.()[答案]:F/doc/169122957.html,ually two signatures are required on a business check for it to be valid.() [答案]:T8.When a check is written by a business, the immediate effect is to reduce both the balance shown in the checkbook and the balance on the bank's records. ()[答案]:F9.The final amounts shown on both sides of the bank reconciliation statement are labeled "Adjusted Balances."() [答案]:T10.A leasehold is an example of a long-life asset.()[答案]:F11.The accounting reporting period agrees to the calendar year. ()[答案]:F12.An increase in permanent capital is recorded as a credit to the account. ()[答案]:T13.Dollar signs are used in the amount areas of the ledger accounts. ()[答案]:F14.If the trial balance shows that the ledger is in balance, this means that the individual business transactions were recorded to the appropriate ledger accounts. ()[答案]:F15.Every business transaction is first recorded in the journal. ()[答案]:T16.Internal control of operations is equally complex in a small and in a large organization. ()[答案]:F17.Two documents used in preparing a bank reconciliation statement are the bank statement and the checkbook stubs.() [答案]:T18.A common cause of inequality between the balances on the bank statement and in the checkbook is outstanding checks. ()19.Depreciation expense is usually recorded at least once a year. ()[答案]:T20.Amortization is the conversion of the cost of an intangible asset to an expense. ()[答案]:T21.Two methods of recognizing accelerated depreciation are the straight-line and the double-declining balance method.() [答案]:F22.Research and development costs represent an intangible asset. ()[答案]:T23.A present reduction in cash required to generate revenues is called “an expense”[答案]:F24.The revenue expenses are paid to influence the current operating result.[答案]:F25.Advertising expense is usually collected as period expense.[答案]:T26.There are only two parties to a check: the person who writes it (the drawee) and the person to whom it is written (the payee). ()[答案]:F27.Repair of a generator is a capital expenditure. ()[答案]:F28.Revenue increases owner's equity.()[答案]:T29.Revenue is recognized when we receive cash from the buyers.()[答案]:F30.Interest revenue should be measured based on the length of time. ()[答案]:T三.翻译题1.Sole Proprietorship Enterprises[答案]:独资企业2.Profit cost and capital cost principle[答案]:划分收益性支出与资本性支出3.Double entry system[答案]:复式记帐法4.Source documents[答案]:原始凭证5.Environmental accounting[答案]:环境会计6.Matching principle[答案]:配比原则7.Gross profit[答案]:毛利8.Perpetual inventory system[答案]:永序盘存制9.Intangible assets[答案]:无形资产10.fixed asset[答案]:固定资产11.Statement of cash flows[答案]:现金流量表12.Bank Reconciliation[答案]:银行余额调节表13.Low-valued and easily-damaged implements [答案]:低值易耗品14.Physical depreciation[答案]:有形损耗15.Short-term debt-paying ability[答案]:短期偿债能力16.Accelerated depreciation method[答案]:加速折旧法17.notes receivable[答案]:应收票据18.long-term solvency[答案]:长期偿债能力四.论述题1.完成下列等式:1. Accounting Equation:Assets =2. Perpetual inventory system:Ending Inv. =[答案]:1. Accounting Equation:Assets = Liabilities + Owner's Equity2. Perpetual inventory system:Ending Inv. =Beg. Inv.+ Purchases-Cost of goods sold。
会计专业英语习题答案共73页word资料
Chapter. 11-1As in many ethics issues, there is no one right answer. The local newspaper reported on this issue in these terms: "The company covered up the first report, and the local newspaper uncovered the company's secret. The company was forced to not locate here (Collier County). It became patently clear that doing the least that is legally allowed is not enough."1-21. B2. B3. E4. F5. B6. F7. X 8. E 9. X 10. B1-3a. $96,500 ($25,000 + $71,500)b. $67,750 ($82,750 – $15,000)c. $19,500 ($37,000 – $17,500)1-4a. $275,000 ($475,000 – $200,000)b. $310,000 ($275,000 + $75,000 – $40,000)c. $233,000 ($275,000 – $15,000 – $27,000)d. $465,000 ($275,000 + $125,000 + $65,000)e. Net income: $45,000 ($425,000 – $105,000 – $275,000)1-5a. owner's equityb.liabilityc.assetd.assete.owner's equityf. asset1-6a. Increases assets and increases owner’s equity.b. Increases assets and increases owner’s equity.c. Decreases assets and decreases owner’s equity.d. Increases assets and increases liabilities.e. Increases assets and decreases assets.1-71. increase2. decrease3.increase4.decrease1-8a. (1) Sale of catering services for cash, $25,000.(2) Purchase of land for cash, $10,000.(3) Payment of expenses, $16,000.(4) Purchase of supplies on account, $800.(5) Withdrawal of cash by owner, $2,000.(6) Payment of cash to creditors, $10,600.(7) Recognition of cost of supplies used, $1,400.b. $13,600 ($18,000 – $4,400)c. $5,600 ($64,100 – $58,500)d. $7,600 ($25,000 – $16,000 – $1,400)e. $5,600 ($7,600 – $2,000)1-9It would be incorrect to say that the business had incurred a net loss of $21,750. The excess of the withdrawals over the net income for the period is a decrease in the amount of owner’s equity in the business.1-10Balance sheet items: 1, 3, 4, 8, 9, 101-11Income statement items: 2, 5, 6, 71-12MADRAS COMPANYStatement of Owner’s EquityFor the Month Ended April 30, 2006Leo Perkins, capital, April 1, 2006 ........ $297,200Net income for the month ................... $73,000Less withdrawals ........................... 12,000Increase in owner’s equity................ 61,000Leo Perkins, capital, April 30, 2006 ....... $358,2001-13HERCULES SERVICESIncome StatementFor the Month Ended November 30, 2006Fees earned ................................ $232,120Operating expenses:Wages expense ............................ $100,100Rent expense ............................. 35,000Supplies expense ......................... 4,550Miscellaneous expense .................... 3,150Total operating expenses ............... 142,800 Net income ................................. $ 89,3201-14Balance sheet: b, c, e, f, h, i, j, l, m, n, oIncome statement: a, d, g, k1-151. b–investing activity2.a–operating activity3. c–financing activity4.a–operating activity1-16a. 2003: $10,209 ($30,011 – $19,802)2002: $8,312 ($26,394 – $18,082)b. 2003: 0.52 ($10,209 ÷ $19,802)2002: 0.46 ($8,312 ÷ $18,082)c. T he ratio of liabilities to stockholders’ equity increased from 2002to 2003, indicating an increase in risk for creditors. However, the assets of The Home Depot are more than sufficient to satisfy creditor claims.Chapter. 22-1AccountAccount NumberAccounts Payable 21Accounts Receivable 12Cash 11Corey Krum, Capital 31Corey Krum, Drawing 32Fees Earned 41Land 13Miscellaneous Expense 53Supplies Expense 52Wages Expense 512-2Balance Sheet Accounts Income Statement Accounts1. Assets11 Cash12 Accounts Receivable13 Supplies14 Prepaid Insurance15Equipment2. Liabilities21 Accounts Payable22Unearned Rent3. Owner's Equity31 Millard Fillmore, Capital32 Millard Fillmore, Drawing4. Revenue41Fees Earned5. Expenses51 Wages Expense52 Rent Expense53 Supplies Expense59 Miscellaneous Expense2-3a. andb.Account Debited Account Credited Transaction Type Effect Type Effect(1) asset + owner's equity +(2) asset + asset –(3) asset + asset –liability +(4) expense + asset –(5) asset + revenue +(6) liability –asset –(7) asset + asset –(8) drawing + asset –(9) expense + asset –Ex. 2–4(1) Cash ................................... 40,000Ira Janke, Capital .................. 40,000(2) Supplies ............................... 1,800Cash ................................ 1,800(3) Equipment .............................. 24,000Accounts Payable .................... 15,000Cash ................................ 9,000(4) Operating Expenses ..................... 3,050Cash ................................ 3,050(5) Accounts Receivable .................... 12,000Service Revenue ..................... 12,000(6) Accounts Payable ....................... 7,500Cash ................................ 7,500(7) Cash ................................... 9,500Accounts Receivable ................. 9,500(8) Ira Janke, Drawing ..................... 5,000Cash ................................ 5,000(9) Operating Expenses ..................... 1,050Supplies ............................ 1,050 2-51. debit and credit (c)2. debit and credit (c)3. debit and credit (c)4. credit only (b)5. debit only (a)6. debit only (a)7. debit only (a)2-6a. Liability—credit f. Revenue—creditb. Asset—debit g. Asset—debitc. Asset—debit h. Expense—debitd. Owner's equity i. Asset—debit(Cindy Yost, Capital)—credit j. Expense—debite. Owner's equity(Cindy Yost, Drawing)—debit2-7a. credit g. debitb. credit h. debitc. debit i. debitd. credit j. credite. debit k. debitf. credit l. credit2-8a. Debit (negative) balance of $1,500 ($10,500 –$4,000 –$8,000).Such a nega tive balance means that the liabilities of Seth’s business exceed the assets.b. Yes. The balance sheet prepared at December 31 will balance,with Seth Fite, Capital, being reported in the owner’s equity section as a negative $1,500.2-9a. The increase of $28,750 in the cash account does not indicateearnings of that amount. Earnings will represent the net change in all assets and liabilities from operating transactions.b. $7,550 ($36,300 – $28,750)2-10a. $40,550 ($7,850 + $41,850 – $9,150)b. $63,000 ($61,000 + $17,500 – $15,500)c. $20,800 ($40,500 – $57,700 + $38,000)2-112005Aug. 1 Rent Expense ........................... 1,500Cash ................................ 1,5002 Advertising Expense (700)Cash (700)4 Supplies ............................... 1,050Cash ................................ 1,0506 Office Equipment ....................... 7,500Accounts Payable .................... 7,5008 Cash ................................... 3,600Accounts Receivable ................. 3,60012 Accounts Payable ....................... 1,150Cash ................................ 1,15020 Gayle McCall, Drawing .................. 1,000Cash ................................ 1,00025 Miscellaneous Expense (500)Cash (500)30 Utilities Expense (195)Cash (195)31 Accounts Receivable .................... 10,150Fees Earned ......................... 10,15031 Utilities Expense (380)Cash (380)2-12a.JOURNAL Page 43Post.Date Description Ref. Debit Credit 2006Oct. 27 Supplies ........................ 15 1,320Accounts Payable .............. 21 1,320 Purchased supplies on account.b.,c.,d.Supplies 15Post.BalanceDate Item Ref. Dr. Cr.Dr. Cr.2006Oct. 1 Balance ................ ..... ..... 585 .....27 ....................... 43 1,320 ..... 1,905 ..... Accounts Payable 21 2006Oct. 1 Balance ................ ..... ..... ..... 6,15027 ....................... 43 ..... 1,320 ..... 7,4702-13Inequality of trial balance totals would be caused by errors described in (b) and (d).2-14ESCALADE CO.Trial BalanceDecember 31, 2006Cash ................................. 13,375Accounts Receivable ............................ 24,600Prepaid Insurance .............................. 8,000 Equipment ...................................... 75,000Accounts Payable ............................... 11,180 Unearned Rent .................................. 4,250 Erin Capelli, Capital .......................... 82,420 Erin Capelli, Drawing .......................... 10,000Service Revenue ................................ 83,750 Wages Expense .................................. 42,000 Advertising Expense ............................ 7,200 Miscellaneous Expense .......................... 1,425 181,600 181,6002-15a. Gerald Owen, Drawing ................... 15,000Wages Expense ....................... 15,000b. Prepaid Rent ........................... 4,500Cash ................................ 4,500 2-16题目的资料不全, 答案略.2-17a. KMART CORPORATIONIncome StatementFor the Years Ending January 31, 2000 and 1999(in millions)Increase (Decrease)2000 1999 Amount Percent1. Sales ........................ $37,028 $35,925 $ 1,103 3.1%2. Cost of sales................. (29,658) (28,111) 1,547 5.5%3. Selling, general, and admin.expenses ..................... (7,415) (6,514) 901 13.8%4. Operating income (loss)before taxes.................. $ (45) $ 1,300 $(1,345) (103.5%) b. The horizontal analysis of Kmart Corporation revealsdeteriorating operating results from 1999 to 2000. While salesincreased by $1,103 million, a 3.1% increase, cost of salesincreased by $1,547 million, a 5.5% increase. Selling, general,and administrative expenses also increased by $901 million, a13.8% increase. The end result was that operating incomedecreased by $1,345 million, over a 100% decrease, and createda $45 million loss in 2000. Little over a year later, Kmart filedfor bankruptcy protection. It has now emerged from bankruptcy,hoping to return to profitability.3-11. Accrued expense (accrued liability)2. Deferred expense (prepaid expense)3. Deferred revenue (unearned revenue)4. Accrued revenue (accrued asset)5. Accrued expense (accrued liability)6. Accrued expense (accrued liability)7. Deferred expense (prepaid expense)8. Deferred revenue (unearned revenue)3-2Supplies Expense (801)Supplies (801)3-3$1,067 ($118 + $949)3-4a. Insurance expense (or expenses) will be understated. Net incomewill be overstated.b. Prepaid insurance (or assets) will be overstated. Owner’sequity will be overstated.3-5a.Insurance Expense ............................. 1,215Prepaid Insurance ...................... 1,215 b.Insurance Expense ............................. 1,215Prepaid Insurance ...................... 1,215 3-6Unearned Fees ................................... 9,570Fees Earned ............................ 9,570 3-7a.Salary Expense ................................ 9,360Salaries Payable ....................... 9,360 b.Salary Expense ................................ 12,480Salaries Payable ....................... 12,480 3-8$59,850 ($63,000 – $3,150)3-9$195,816,000 ($128,776,000 + $67,040,000)3-10Error (a) Error (b)Over- Under- Over- Under-stated stated stated stated1. Revenue for the year would be .... $ 0 $6,900 $ 0 $ 02. Expenses for the year would be ... 0 0 0 3,7403. Net income for the year would be . 0 6,900 3,740 04. Assets at December 31 would be ... 0 0 0 05. Liabilities at December 31 would be 6,900 0 0 3,7406. Owner’s equity at December 31would be ......................... 0 6,900 3,740 03-11$175,840 ($172,680 + $6,900 – $3,740)3-12a.Accounts Receivable ........................... 11,500Fees Earned ............................ 11,500b. No. If the cash basis of accounting is used, revenues arerecognized only when the cash is received. Therefore, earned butunbilled revenues would not be recognized in the accounts, andno adjusting entry would be necessary.3-13a. Fees earned (or revenues) will be understated. Net income willbe understated.b. Accounts (fees) receivable (or assets) will be understated.Owner’s equity will be unde rstated.3-14Depreciation Expense ............................ 5,200Accumulated Depreciation ............... 5,200 3-15a. $204,600 ($318,500 – $113,900)b. No. Depreciation is an allocation of the cost of the equipmentto the periods benefiting from its use. It does not necessarilyrelate to value or loss of value.3-16a. $2,268,000,000 ($5,891,000,000 – $3,623,000,000)b. No. Depreciation is an allocation method, not a valuationmethod. That is, depreciation allocates the cost of a fixed assetover its useful life. Depreciation does not attempt to measuremarket values, which may vary significantly from year to year.3-17a.Depreciation Expense .......................... 7,500Accumulated Depreciation ............... 7,500b. (1) Depreciation expense would be understated. Net income wouldbe overstated.(2) Accumulated depreciation would be understated, and totalassets would be overstated. Owner’s equity would beoverstated.3-181.Accounts Receivable (4)Fees Earned (4)2.Supplies Expense (3)Supplies (3)3.Insurance Expense (8)Prepaid Insurance (8)4.Depreciation Expense (5)Accumulated Depreciation—Equipment (5)5.Wages Expense (1)Wages Payable (1)3-19a. Dell Computer CorporationAmount Percent Net sales $35,404,000 100.0Cost of goods sold (29,055,000) 82.1Operating expenses (3,505,000) 9.9Operating income (loss) $ 2,844,000 8.0 b. Gateway Inc.Amount Percent Net sales $4,171,325 100.0 Cost of goods sold (3,605,120) 86.4 Operating expenses (1,077,447) 25.8 Operating income (loss) $ (511,242) (12.2) c. Dell is more profitable than Gateway. Specifically, Dell’s costof goods sold of 82.1% is significantly less (4.3%) than Gateway’s cost of goods sold of 86.4%. In addition, Gateway’s operating expenses are over one-fourth of sales, while Dell’s operating expenses are 9.9% of sales. The result is that Dell generates an operating income of 8.0% of sales, while Gateway generates a loss of 12.2% of sales. Obviously, Gateway must improve its operations if it is to remain in business and remain competitive with Dell.4-1e, c, g, b, f, a, d4-2a. Income statement: 3, 8, 9b. Balance sheet: 1, 2, 4, 5, 6, 7, 104-3a. Asset: 1, 4, 5, 6, 10b. Liability: 9, 12c. Revenue: 2, 7d. Expense: 3, 8, 114-41. f2. c3. b4. h5. g6. j7. a8. i9. d10. e4–5ITHACA SERVICES CO.Work SheetFor the Year Ended January 31, 2006AdjustedTrial Balance Adjustments Trial BalanceAccount Title Dr. Cr. Dr. Cr. Dr. Cr.1 Cash 8 8 12 Accounts Receivable 50 (a) 7 57 23 Supplies 8 (b) 5 3 34 Prepaid Insurance 12 (c) 6 6 45 Land 50 50 56 Equipment 32 32 67 Accum. Depr.—Equip. 2 (d) 5 7 78 Accounts Payable 26 26 89 Wages Payable 0 (e) 1 1 910 Terry Dagley, Capital 112 112 1011 Terry Dagley, Drawing 8 8 1112 Fees Earned 60 (a) 7 67 1213 Wages Expense 16 (e) 1 17 1314 Rent Expense 8 8 1415 Insurance Expense 0 (c) 6 6 1516 Utilities Expense 6 6 1617 Depreciation Expense 0 (d) 5 5 1718 Supplies Expense 0 (b) 5 5 1819 Miscellaneous Expense 2 2 1920 Totals 200 200 24 24 213 213 20 ContinueITHACA SERVICES CO.Work SheetFor the Year Ended January 31, 2006Adjusted Income BalanceTrial Balance StatementSheetAccount Title Dr. Cr. Dr. Cr. Dr. Cr.1 Cash 8 8 12 Accounts Receivable 57 57 23 Supplies 3 3 34 Prepaid Insurance 6 6 45 Land 50 50 56 Equipment 32 32 67 Accum. Depr.—Equip. 7 7 78 Accounts Payable 26 26 89 Wages Payable 1 1 910 Terry Dagley, Capital 112 112 1011 Terry Dagley, Drawing 8 8 1112 Fees Earned 67 67 1213 Wages Expense 17 17 1314 Rent Expense 8 8 1415 Insurance Expense 6 6 1516 Utilities Expense 6 6 1617 Depreciation Expense 5 5 1718 Supplies Expense 5 5 1819 Miscellaneous Expense 2 2 1920 Totals 213 213 49 67 164 146 2021 Net income (loss) 18 182122 67 67 164 164 22 4-6ITHACA SERVICES CO.Income StatementFor the Year Ended January 31, 2006Fees earned .................................... $67Expenses:Wages expense .............................. $17Rent expense (8)Insurance expense (6)Utilities expense (6)Depreciation expense (5)Supplies expense (5)Miscellaneous expense (2)Total expenses ............................49Net income ..................................... $18ITHACA SERVICES CO.Statemen t of Owner’s EquityFor the Year Ended January 31, 2006Terry Dagley, capital, February 1, 2005 ........ $112Net income for the year ........................ $18Less withdrawals (8)Increase in owner’s equity....................10Terry Dagley, capital, January 31, 2006 ........ $122ITHACA SERVICES CO.Balance SheetJanuary 31, 2006Assets LiabilitiesCurrent assets: Current liabilities: Cash ............... $ 8 Accounts payable ... $26Accounts receivable 57 Wages payable (1)Supplies ........... 3 Total liabilities $ 27 Prepaid insurance .. 6Total current assets $ 74Property, plant, and Owner’s E quity equipment: Terry Dagley, capital 122 Land ............... $50Equipment .......... $32Less accum. depr. .. 7 25Total property, plant,and equipment 75 Total liabilities andTotal assets ......... $149 owner’s equity .. $149 4-72006Jan. 31 Accounts Receivable (7)Fees Earned (7)31 Supplies Expense (5)Supplies (5)31 Insurance Expense (6)Prepaid Insurance (6)31 Depreciation Expense (5)Accumulated Depreciation—Equipment .. 531 Wages Expense (1)Wages Payable (1)4-82006Jan. 31 Fees Earned (67)Income Summary (67)31 Income Summary (49)Wages Expense (17)Rent Expense (8)Insurance Expense (6)Utilities Expense (6)Depreciation Expense (5)Supplies Expense (5)Miscellaneous Expense (2)31 Income Summary (18)Terry Dagley, Capital (18)31 Terry Dagley, Capital (8)Terry Dagley, Drawing (8)4-9SIROCCO SERVICES CO.Income StatementFor the Year Ended March 31, 2006Service revenue ................................$103,850Operating expenses:Wages expense .............................. $56,800Rent expense ............................... 21,270Utilities expense .......................... 11,500Depreciation expense ....................... 8,000Insurance expense .......................... 4,100Supplies expense ........................... 3,100Miscellaneous expense ...................... 2,250Total operating expenses ............ 107,020 Net loss ....................................... $ (3,170) 4-10SYNTHESIS SYSTEMS CO.Statement of Owner’s EquityFor the Year Ended October 31, 2006Suzanne Jacob, capital, November 1, 2005 ....... $173,750 Net income for year ............................ $44,250 Less withdrawals ............................... 12,000 Increase in owner’s equity....................32,250Suzanne Jacob, capital, October 31, 2006 ....... $206,0004-11a. Current asset: 1, 3, 5, 6b. Property, plant, and equipment: 2, 44-12Since current liabilities are usually due within one year, $165,000($13,750 × 12 months) would be reported as a current liability onthe balance sheet. The remainder of $335,000 ($500,000 –$165,000)would be reported as a long-term liability on the balance sheet.4-13TUDOR CO.Balance SheetApril 30, 2006Assets LiabilitiesCurrent assets Current liabilities:Cash $31,500 Accountspayable ...................... $9,500Accounts receivable 21,850 Salaries payable1,750Supplies .............. 1,800 Unearned fees .................Prepaid insurance ..... 7,200 Total liabilities Prepaid rent .......... 4,800Total current assets $67,150Owner’s EquityProperty, plant, and equipment: Vernon Posey, capital .............Equipment ........... $80,600Less accumulated depreciation 21,100 59,500 Totalliabilities andTotal assets $126,650 owner’s equity......... $126 4-14Accounts Receivable ............................. 4,100Fees Earned ......................... 4,100 Supplies Expense ....................... 1,300Supplies ............................ 1,300 Insurance Expense ...................... 2,000Prepaid Insurance ................... 2,000 Depreciation Expense ................... 2,800Accumulated Depreciation—Equipment .. 2,800 Wages Expense .......................... 1,000Wages Payable ....................... 1,000 Unearned Rent .......................... 2,500Rent Revenue ........................ 2,5004-15c. Depreciation Expense—Equipmentg. Fees Earnedi. Salaries Expensel. Supplies Expense4-16The income summary account is used to close the revenue and expense accounts, and it aids in detecting and correcting errors. The $450,750 represents expense account balances, and the $712,500 represents revenue account balances that have been closed.4-17a.Income Summary ................................ 167,550Sue Alewine, Capital ................... 167,550 Sue Alewine, Capital ............................ 25,000Sue Alewine, Drawing ................... 25,000 b. $284,900 ($142,350 + $167,550 – $25,000)4-18a. Accounts Receivableb. Accumulated Depreciationc. Cashe. Equipmentf. Estella Hall, Capitali. Suppliesk. Wages Payable4-19a. 2002 2001Working capital ($143,034) ($159,453)Current ratio 0.81 0.80b. 7 Eleven has negative working capital as of December 31, 2002and 2001. In addition, the current ratio is below one at the endof both years. While the working capital and current ratios haveimproved from 2001 to 2002, creditors would likely be concernedabout the ability of 7 Eleven to meet its short-term creditobligations. This concern would warrant further investigationto determine whether this is a temporary issue (for example, anend-of-the-period phenomenon) and the company’s plans toaddress its working capital shortcomings.4-20a. (1) Sales Salaries Expense .................. 6,480Salaries Payable ........................ 6,480(2) Accounts Receivable ..................... 10,250Fees Earned ............................. 10,250 b. (1) Salaries Payable ........................ 6,480Sales Salaries Expense .................. 6,480(2) Fees Earned ............................. 10,250Accounts Receivable ..................... 10,250 4-21a. (1) Payment (last payday in year)(2) Adjusting (accrual of wages at end of year)(3) Closing(4) Reversing(5) Payment (first payday in following year)b. (1) Wages Expense .......................... 45,000Cash .................................... 45,000(2) Wages Expense ........................... 18,000Wages Payable ........................... 18,000(3) Income Summary .......................... 1,120,800Wages Expense ........................... 1,120,800(4) Wages Payable ........................... 18,000Wages Expense ........................... 18,000(5) Wages Expense ........................... 43,000Cash .................................... 43,000 Chapter6（找不到答案，自己处理了哦）Ex. 8–1a. Inappropriate. Since Fridley has a large number of credit salessupported by promissory notes, a notes receivable ledger shouldbe maintained. Failure to maintain a subsidiary ledger whenthere are a significant number of notes receivable transactionsviolates the internal control procedure that mandates proofs and security. Maintaining a notes receivable ledger will allow Fridley to operate more efficiently and will increase the chance that Fridley will detect accounting errors related to the notes receivable. (The total of the accounts in the notes receivable ledger must match the balance of notes receivable in the general ledger.)b. Inappropriate. The procedure of proper separation of duties isviolated. The accounts receivable clerk is responsible for too many related operations. The clerk also has both custody of assets (cash receipts) and accounting responsibilities for those assets.c. Appropriate. The functions of maintaining the accountsreceivable account in the general ledger should be performed by someone other than the accounts receivable clerk.d. Appropriate. Salespersons should not be responsible forapproving credit.e. Appropriate. A promissory note is a formal credit instrumentthat is frequently used for credit periods over 45 days.Ex. 8–2-aa.Customer Due Date Number of Days PastDueJanzen Industries August 29 93 days (2 + 30 + 31+ 30)Kuehn Company September 3 88 days (27 + 31 + 30)Mauer Inc. October 21 40 days (10 + 30)Pollack Company November 23 7 daysSimrill Company December 3 Not past dueEx. 8–3Nov. 30 Uncollectible Accounts Expense ......... 53,315*Allowances for Doubtful Accounts..... 53,315 *$60,495 – $7,180 = $53,315Ex. 8–4Estimated Uncollectible Accounts Age Interval Balance Percent AmountNot past due .............. $450,000 2% $ 9,0001–30 days past due ....... 110,000 4 4,40031–60 days past due ...... 51,000 6 3,06061–90 days past due ...... 12,500 20 2,50091–180 days past due ..... 7,500 60 4,500Over 180 days past due .... 5,500 80 4,400 Total .................. $636,500 $27,860Ex. 8–52006Dec. 31 Uncollectible Accounts Expense ......... 29,435*..... Allowance for Doubtful Accounts 29,435 *$27,860 + $1,575 = $29,435Ex. 8–6a. $17,875 c. $35,750b. $13,600 d. $41,450Ex. 8–7a.Allowance for Doubtful Accounts ............... 7,130Accounts Receivable .................... 7,130b.Uncollectible Accounts Expense ................ 7,130Accounts Receivable .................... 7,130Ex. 8–8Feb. 20 Accounts Receivable—Darlene Brogan .... 12,100Sales ............................... 12,10020 Cost of Merchandise Sold ............... 7,260Merchandise Inventory ............... 7,260 May 30 Cash ................................... 6,000Accounts Receivable—Darlene Brogan .. 6,00030 Allowance for Doubtful Accounts ........ 6,100Accounts Receivable—Darlene Brogan .. 6,100 Aug. 3 Accounts Receivable—Darlene Brogan .... 6,100Allowance for Doubtful Accounts ..... 6,1003 Cash ................................... 6,100Accounts Receivable—Darlene Brogan .. 6,100 Ex. 8–9$223,900 [$212,800 + $112,350 –($4,050,000 × 2 1/2%)]Ex. 8–10Due Date Interesta. Aug. 31 $120b. Dec. 28 480c. Nov. 30 250d. May 5 150e. July 19 100a. August 8b. $24,480c. (1) Notes Receivable .......................... 24,000Accounts Rec.—Magpie Interior Decorators 24,0(2) Cash ...................................... 24,480Notes Receivable ....................... 24,000Interest Revenue (480)Ex. 8–121. Sale on account.2. Cost of merchandise sold for the sale on account.3. A sales return or allowance.4. Cost of merchandise returned.5. Note received from customer on account.6. Note dishonored and charged maturity value of note tocustomer’s account recei vable.7. Payment received from customer for dishonored note plus interestearned after due date.。
会计学英语试题及答案
会计学英语试题及答案一、单项选择题（每题2分，共10题）1. Which of the following is not a financial statement?A. Balance SheetB. Income StatementC. Cash Flow StatementD. Tax Return2. The process of recording all financial transactions in a company is known as:A. BudgetingB. ForecastingC. BookkeepingD. Auditing3. What does the term "Depreciation" refer to?A. The increase in value of an asset over timeB. The decrease in value of an asset over timeC. The sale of an assetD. The purchase of an asset4. Which of the following is not a type of receivable?A. Accounts ReceivableB. Notes ReceivableC. InventoryD. Trade Receivables5. What is the purpose of an audit?A. To ensure compliance with tax lawsB. To verify the accuracy of financial recordsC. To prepare financial statementsD. To manage the company's budget6. The term "Equity" in accounting refers to:A. The total assets of a companyB. The total liabilities of a companyC. The owner's investment in the companyD. The company's net income7. Which of the following is not a component of a balance sheet?A. AssetsB. LiabilitiesC. EquityD. Revenue8. The accounting equation is represented as:A. Assets = Liabilities + EquityB. Assets = Liabilities - EquityC. Assets - Liabilities = EquityD. Assets + Equity = Liabilities9. What is the term used to describe the conversion of cash into other assets?A. InvestingB. FinancingC. OperatingD. Spending10. Which of the following is a non-current asset?A. CashB. InventoryC. LandD. Office Supplies二、多项选择题（每题3分，共5题）1. Which of the following are considered as current assets?A. CashB. Accounts ReceivableC. InventoryD. Land2. The following are examples of liabilities except:A. Accounts PayableB. Long-term DebtC. Common StockD. Retained Earnings3. The following are types of expenses in an income statement except:A. Cost of Goods SoldB. Salaries and WagesC. DividendsD. Depreciation4. Which of the following are considered as equity transactions?A. Issuance of SharesB. Declaration of DividendsC. EarningsD. Payment of Dividends5. The following are true statements about accountingprinciples except:A. The going concern assumptionB. The matching principleC. The cash basis of accountingD. The accrual basis of accounting三、判断题（每题1分，共5题）1. True or False: The accounting cycle includes the processof closing the books at the end of an accounting period.2. True or False: All prepaid expenses are considered current assets.3. True or False: Revenue recognition is based on the cash received.4. True or False: The statement of cash flows is preparedusing the cash basis of accounting.5. True or False: The accounting equation must always balance.四、简答题（每题5分，共2题）1. Explain the difference between revenue and profit.2. Describe the role of the statement of cash flows infinancial reporting.五、计算题（每题10分，共1题）A company has the following transactions during the month:- Cash sales: $10,000- Accounts receivable: $5,000- Accounts payable: $3,000- Inventory purchased on credit: $2,000- Cash paid for expenses: $1,500Calculate the company's cash flow from operating activities for the month.答案：一、单项选择题1. D2. C3. B4. C5. B6. C7. D8. A9. A10. C二、多项选择题1. A, B, C2. C, D3. C4. A, D5. C三、判断题1. True2. True3. False4. False5. True四、简答题1. Revenue is the income generated from the normal business activities of a company over a specific period, before any expenses are deducted. Profit, on the other hand, is the amount of money remaining after all expenses have been deducted from the revenue. It represents the net income or net loss of a company.2. The statement of cash flows is a financial statement that provides information about the cash receipts。
会计专业学位外语考试(机考模拟题及参考答案)(第二部分)
会计专业学位外语部分机考模拟题及参考答案（第二部分）阅读理解六In 1848, gold was discovered in California, from all over the nation, thousands of young men set out for California people called this the time of the gold rush.A gold miner came into a city looking for a pair of pants. He wanted pants strong enough to stand up to the rough work of mining. He met a young man named Levi, who sold heavy cloth for tents and wagon tops. They asked a tailor to use heavy cloth for their pants. Then Levi went into the business of making work pants, he asked his brothers to send him some strong blue cotton cloth called denim(斜纹粗棉布). With this blue denim cloth, Levi started making the kind of pants we call blue jeans today. They were sewed up in the same way as other pants.In 1860, a miner said that the pockets weren’t strong enough to hold the pieces of gold he found. The pockets kept pulling loose from the pants. The cloth was all right. It was the thread that wasn’t strong enough. So Levi used rivets(铆钉) attach the pockets onto the pants.Cowboys needed tough pants, too. They l iked their pants to fit tightly. But the rivets marked the cowboys’ saddles. So Levi covered the rivets with cloth. Then everybody was happy.1 this article as a whole is abouta. how people got blue jeans b the gold rushc denim, rivets and blue jeans d cowboys and blue jeans2 while not stated in the article, you can tell thatA. everybody who went to California got a lot of gold B Levi found riches in the gold fieldsC Levi made more money than many gold minersD Levi sold more jeans to cowboys than to gold miners3 the word this in the first paragraph, last sentence, refers toA California b gold B. many people looking for gold d the discovery of gold4 Levi used strong blue cotton cloth to make pants becauseA gold miners liked the blue color b this was the only cloth he hadC. miners wanted pants which could stand rough workD cowboys liked their pants to fit tightly5 which of the following sentences is not correct?A it was Levi who started the business of making blue jeansB it was one tailor who started making blue jeansC.it was in California that blue jeans first became popularD it was in California that gold was discovered参考答案1-5 BACCC.阅读理解七Manners are important to happy relations among people. Everyone likes a person with good manners. No one likes a person with bad manners. But what are good manners? How does one know what to do and what not to do?Well, here are some examples.A person with good manners never laughs at people when they are in trouble. Instead, he tries to help them. He is always kind to others. When people are waiting for a bus, he takes his turn. He does not push to the front of the line. On the bus he gives hisseat to an older person or a person with a very young child. If he knocks into someone, or gets in his way, he says "Excuse me" or "I'm sorry".He says "Please" when he asks for something and "Thank you" when he receives something. He stands up when he is speaking to an older person, and he does not sit down until the other person takes his seat. He does not interrupt other people when they are talking. He does not talk too much. He does not talk loudly or laugh loudly in public. When he is eating, he does not speak with his mouth full of food. He uses a handkerchief when he sneezes or coughs. He does not spit in public.As a student, it is a bad manner to come late to class. If you are late you should make an apology to the teacher either at the time or after the class. It is also a bad manner to keep silent when the teacher asks you a question. If you do not know the answer, say so immediately. If you do know, answer in a loud enough voice so that all the class may hear. It is polite for the students to help the teacher. Sometimes students can help their teachers to clean the blackboard, to close or open the door or windows. Sometimes there are papers to collect or to hand out. This kind of help is always appreciated.Ideas of what are good manners are not always the same in different countries. But in all countries it is important to be kind and helpful.Question:1. person with good manners is popular with others because ____.第1空:A. he will do what he is asked to doB. he knows what to do and what not to do on different occasionsC. he talks loudly to make himself heard clearly in publicD. he can make others know what good manners are2. A person with good manners will ____ those in trouble.A. feel sorry forB. laugh atC. feel it difficult to helpD. do whatever he can do help3. When you are with an old man, you should do all the following except ______.A. standing up when you have a talk with himB. giving your seat to him on the busC. interrupting him if he talks too muchD. showing your respect to him4. Which of the following is NOT proper for a student with good manners to do?A. Making no sound all the time in class.B. Coming to school on time.C. Doing your best to help the teacher.D. Answering the questions in a loud voice to make him heard.5. You'd better keep in mind that _____.A. you can act as you like in any countryB. you can act in the same way even in different countriesC. people are indifferent to what good manners areD. "When in Rome, do as the Romans do"参考答案1-5 BDCAD阅读理解八The University of London is one of Britain’s largest centers for higher education, with a name for international education. Located in one of the world’s most dynamic cities, we can offer international student a wide and diverse cultural life ,as well as the very best course choice and teaching .We offer our international students the ability to study and improve their command of English , to ensure they get the best from the course of their choice.International students are assured of a successful and happy time while studying at the University of London. We have a Student Service Office to help you at all times , and first—year students are ensured a place in halls of residence desires. Your teacher will give you personal instructions if required Students can enjoy themselves in the free health center at any time.As a final point , we offer religious service rooms for those of all faiths and as London is an international city. put students in touch with many religious groups in this area. Finally, with excellent air, rail and road links to the Britain, Europe and the world, getting here is easy.1.The University of London is situated at a city______.2.The University of London is famous for____3.Whenever international students have any difficulty in life ,they can go to_____ for help.4.The university assures the first year students that_____5.The main purpose of this passage is to_____第1空：A.well known for producing excellent professorsB.full of activity and energyC.where you can enjoy everything free of chargeD.that is quiet and peaceful all the time第2空：A.excellent transportationB.international educationC.the largest number of studentsD.being located at the Thames第3空：A the local governmentB the school authorityC the Student Service OfficeD their teacher第4空：A they can have a place in halls of residence if they wish to …..B they don’t have to pay for their first-year educationC all of them will be put into some religious groupsD they can rent houses at Newcastle at a very low price.第5空：A attract more travelers to LondonB show that the University offer religious serviceC draw more international studentsD show how students enjoy their study and life at this university.参考答案1-5 ABCAC完形填空一Was hoe is a young chimpanzee :she is no 1 chimpanzee though Scientists are doing a research 2 her .They want to see how civilized she can 3 Already she does many things a human being can do .For example she has been learning how to exchange 4 with people. The scientists are teaching her 5 language. When she wants to be picked 6 ,was hoe points up with one finger she rubs her also been 8 to think out and find answers to problems. Once she was put in a 9 wish food box to stand 12 The food was still too high to be reached. Was hoe found 13 pole. Them she climbed on to the 14 . rasped the pole, and 15 down the food with the pole. Was hoe 16 like a human. too. The scientist keep her in a fully furnished house. After a goes home 18 she plays with her toys she 19 enjoys watching television before going to bed scientists hope to 20 more about people by studying our closest relative chimpanzee.1.A foolish B ordinary C. special D simple2 A for B by C to D on.3 A experience B charge C reach D develop4.A action B views C messages D feelings5.A sing B human C spoken D foreign6A ort B at C on D up7.A when B until C since D while8A raised B trained C ordered D led9A care B room C zoo D museum10A pull B see C eat D reach11A problem B position C food D ceiling12A by B on C up D with13A straight B strong C long D big14A wall B box C ceiling D pole15A knocked B picked C took D shook16A lives B acts C thinks D plays17A task B lesson C day D time18A Here B There C So D Then19A quite B already C even D still.20A observe B discover C gain D learn参考答案1-5 CDCCB 6-10 DXBBX 11-15 XBCBC 16-20 BXDCD完型填空二When Henry Alice came home(1) the office (2) he saw a note(3) his wife on the kitchen table” Henry” the note (4) my mother isn’t well and I (5) home(6) her for a few days. There are(7)things that ought to (8)while I’m away.”First, take your blue coat to the dry(9)and leave your shirts at the laundry. At the same time, would you please stop at the shoe repairman’s and (10) my brown shoes? And go to the supermarket and get (11) coffee ,milk ,and butter.“When you get him, please telephone Mary Bickford and they her I won’t be able to go to her party tomorrow evening tell her why I can’t(12) “There are three things that (13) before you go to work tomorrow morning. leave a note for the milkman(14) just one quart of milk, not two; put the garbage(15) the backyard give the dog something to eat.“If you have time on Saturday. cut the grass. Don’t forget the grass in the backyard. The newspaper boy will. come (16) Saturday afternoon. Be Sure (17) him money I think that’s all I’ll telephone this evening and (18) you know how mother is Love AliceHenry looked out the window (19) the grass Alice wanted him to cut. His wife had asked him to do many things. He hoped her mother (20) well very quickly.1 A out of B bank C from D instead of2 A last night Thursday B last Thursday night C Thursday last night D Thursday night last3 A from B of C by D to4 A read B said C wrote D spoke5 A go B would go C am going D was going6 A to be with B to see C to have seen D been seeing7 A few B little C a little D a few8 A do B be done C have been done D make9 A cleaner’s B cleaners C cleaners’ D cleaner10 A get B bring C take D carry11 A a cup of B one quart of C some D little12 A be going B be gone C there D come13 A should do B must be done C are done D can be done14 A ask B to ask C asking for D asking to15 A in B on C for D at16 A in B on C at D up17 A to give B give C pay D paying18 A make B have C get D let19 A on B at C around D in20 A is B will be C should be D would be参考答案1-5 CBCBB 6-10 ADBAB 11-15 CDBCA 16-20 BDABD完型填空三（1）Yesterday was 1 he got a lot of presents 2 his friends and family. All the gifts were wrapped 3 colored paper. 4 Of 5 6 large. but others were light. One square package 7 glue. There was a book in it. Another one was long and narrow. It had an umbrella in it. Jim’s sister gave him a big, 8 package. He thought it 9 a ball. But it 10 . when he 11 the yellow paper that covered it, he saw that it was a globe of the world.After that his brother gave him 12 gift, it was a big box 13 green paper. Jim opened it and found another box 14 red paper. he removed the paper and saw a third box. This one was blue in color.Everyone laughed 15 jim opened the boxes. There were six of them! In the last one he found a small white envelope. There was a piece of paper in the envelope which 16 . “go to the big bed-room and look 17 the closet near the high window. You will see three suitcases a black one, a brown one and a gray one. Your birthday present is in one of these”JIM 18 the large bedroom. He went to the closet and began to 19 the suitcases. He had to open all of them 20 he saw his brother’s present. he was very happy. It was just what jim wanted-a portable typewriter.1 a birthday of jim b jim birthday c jim’s birthday d jim-birthpday2 a at b away with c back from d from3 a in b by c with d of4 a most b some c many d much5 a the packages b packages c the package d package6 a is b are c was d were7 a was b were c had been d have been8 a circle b around c round d ring9 a had been b was c were d would be10 a hadn’t been b would not be c weren’t d was not11 a removed b took out c took off d took away12 a the other b other c an other d another13 a covering with b enveloping c wrapped in d wrapped by14 a wrapping in b covering in c covered with d enveloping in15 a while b before c as soon as d as16 a said b wrote c reads d speaks17 a at b in c for d around18 a went to b came out c went in d came in19 a open b opening c close d closing20 a unless b after c until d before参考答案1-5 CDBBA 6-10 DACDD 11-15 ADDCA 16-20 ACAAD完型填空四It was an early morning in summer.In the streets,sleep-eyed people were moving quickly,heading to words their 1 . This was the beginning of another 2 day in New York city. 3 this day was of different.Waiting 4 the crowded streets .on top of a 5 110 stories high.was philippe petil.This daring Frenchman was about to 6a tight rope between the two towers of the world Trade Genter.Philippe took his first7 with great care.The wire held. Now he was 8 he could do it ,9 only a balancing pole, Philippe walked his way a cross .a 10 of139 feet.Soon the rust-hour 11 began to notice. what a 12 There, 1350 feet above the street , a 13 figure was walking on air.Philippe made seven 14 , back and forth. He wasn’t satisfied with just15At time, he would tun , sit down, and 16 go on his knees. Once, he had the astonishing 17 to lie down on the thread. And thousands of 18 watchers stared with their hearts fast.After the forth-five minute 19 , philippe was eaken to the police station. He was asked 20 he did it . philippe shrugged end said,”when I see tall buildings ,I walk”.1 A. jobs B. homes C. buses D. offices2 A.working B. hot C. same D.ordinary3 A. And B. So C.But D.Thus4 A.for B.in C.by Dabove5 A.roof B position C.wall D building6 A.throw B.walk C.climb D.fix7 A.act nding C.step D.trip8.A.sure B.uncertain C. glad D.nervous9.A. through B. against C.with D.on10.A.distance B.height C.space D.rope11. A.streets B. crowds C.passengers D.city12.A.height B.pleasure C.wonder D.danger13.A great B.strange C.public D.tiny14.A.experiments B.circles C.trips D.movement15A.walking B.staying C.acting D.showing16A .almost B. even C. often D.rather17.A. spirit B. result C.strength D.courage18.A. patient B.terrified C.pleased D.enjoyable19.A. show B.trick C.try D.program20.A. how B. why C. whether D when参考答案1-5 DDCAD 6-10 BCACA 11-15 ADDBA 16-20 BDDAB翻译题如果没有空气，地球上就不可能产生任何生命；当接近学校的时候，即使周围没有孩子，你也应该减速；任务虽然艰苦，但我们一定要把它完成；毫无疑问要钻这么深的一个孔，他们必须解决许多复杂的问题；老师布置读多少章节作为家庭作业（assign）?在化学变化中，能量即不会创造，也不会消失除非他做错了什么，否则他就不会受到批评。
英语会计考试题目及答案
英语会计考试题目及答案一、选择题（每题2分，共20分）1. What is the basic equation of accounting?A. Assets = Liabilities + EquityB. Revenue - Expenses = ProfitC. Depreciation - Amortization = LossD. Cost of Goods Sold + Operating Expenses = Net Income答案：A2. Which of the following is NOT a type of intangible asset?A. TrademarkB. PatentC. CopyrightD. Inventory答案：D3. The process of allocating the cost of a tangible asset over its useful life is known as:A. AmortizationB. DepreciationC. AccrualD. Provision答案：B4. What is the purpose of adjusting entries at the end of anaccounting period?A. To increase the company's profitB. To ensure the financial statements are accurate and up-to-dateC. To reduce the company's tax liabilityD. To prepare for the next accounting period答案：B5. The term "Double Entry Bookkeeping" refers to the practice of:A. Recording transactions twiceB. Recording debits and credits for every transactionC. Keeping two sets of booksD. Using two different accounting software答案：B...二、简答题（每题10分，共30分）1. Explain the difference between "revenue recognition" and "matching principle".答案：Revenue recognition is the process of recognizing income in the accounting records as it is earned, regardless of when payment is received. The matching principle, on the other hand, is an accounting concept that requires expenses to be recognized in the same accounting period as the revenue they helped generate. This ensures that the financial statements reflect the actual performance of the business fora given period.2. What are the main components of a balance sheet?答案：The main components of a balance sheet are assets, liabilities, and equity. Assets represent what the company owns, liabilities represent what the company owes, and equity represents the residual interest in the assets of the entity after deducting liabilities....三、计算题（每题15分，共30分）1. Given the following information for XYZ Corp., calculate the net income for the year ended December 31, 2023:- Sales revenue: $500,000- Cost of goods sold: $300,000- Operating expenses: $100,000- Depreciation expense: $20,000- Interest expense: $10,000答案：Net Income = Sales Revenue - (Cost of Goods Sold + Operating Expenses + Depreciation Expense + Interest Expense) Net Income = $500,000 - ($300,000 + $100,000 + $20,000 + $10,000)Net Income = $500,000 - $440,000Net Income = $60,0002. If a company purchased a machine for $50,000 and expectsit to have a useful life of 5 years with no residual value, calculate the annual depreciation expense using the straight-line method.答案：Annual Depreciation Expense = (Cost of Asset - Residual Value) / Useful LifeAnnual Depreciation Expense = ($50,000 - $0) / 5Annual Depreciation Expense = $10,000...结束语：希望这份英语会计考试题目及答案对您的学习和复习有所帮助。
会计专业英语试题及答案
会计专业英语试题及答案一、选择题（每题2分，共20分）1. Which of the following is not an accounting principle?A. Accrual BasisB. Going ConcernC. ConsistencyD. Cash BasisAnswer: D2. The process of summarizing, analyzing, and reporting financial data is known as:A. BudgetingB. AccountingC. AuditingD. TaxationAnswer: B3. What is the term used to describe the systematic and periodic recording of financial transactions?A. BookkeepingB. PayrollC. TaxationD. AuditingAnswer: A4. Which of the following is not a component of the balance sheet?A. AssetsB. LiabilitiesC. EquityD. RevenueAnswer: D5. The matching principle requires that:A. Expenses are recognized when incurredB. Expenses are recognized when paidC. Expenses are recognized in the same period as the revenue they generateD. Expenses are recognized when the cash is received Answer: C6. The accounting equation is:A. Assets = Liabilities + EquityB. Assets - Liabilities = EquityC. Assets + Equity = LiabilitiesD. Assets = Equity - LiabilitiesAnswer: A7. The term "double-entry bookkeeping" refers to the practice of:A. Recording transactions twiceB. Recording transactions in two accountsC. Recording debits and credits for every transactionD. Recording transactions in two different booksAnswer: C8. Which of the following is not a type of intangible asset?A. PatentsB. TrademarksC. GoodwillD. InventoryAnswer: D9. The purpose of an income statement is to show:A. The financial position of a company at a point in timeB. The changes in equity over a period of timeC. The financial performance of a company over a period of timeD. The cash flows of a company over a period of time Answer: C10. The statement of cash flows is used to report:A. How cash is generated and used during a periodB. The net income of a company for a periodC. The changes in equity for a periodD. The changes in assets and liabilities for a period Answer: A二、填空题（每题2分，共20分）1. The accounting cycle includes the following steps:journalizing, posting, __________, adjusting entries, and closing entries.Answer: trial balance2. The __________ principle requires that all business transactions should be recorded at their fair value in the accounting records.Answer: Fair Value3. The __________ is a summary of all the journal entries fora period, listed in date order.Answer: General Journal4. __________ are expenses that have been incurred but not yet paid.Answer: Accrued Expenses5. The __________ is a report that shows the beginning cash balance, cash receipts, cash payments, and the ending cash balance for a period.Answer: Cash Flow Statement6. The __________ ratio is calculated by dividing current assets by current liabilities.Answer: Current Ratio7. __________ are assets that are expected to be converted into cash or used up within one year or one operating cycle. Answer: Current Assets8. __________ is the process of determining the cost of goodssold and the value of ending inventory.Answer: Costing9. __________ is the process of estimating the useful life of an asset and allocating its cost over that period.Answer: Depreciation10. __________ is the process of adjusting the accounts to reflect the proper revenue and expenses for the period. Answer: Accrual Accounting三、简答题（每题10分，共20分）1. Explain the difference between revenue and profit. Answer: Revenue is the income generated from the normal business activities of an entity during a specific period, before deducting expenses. Profit, on the other hand, is the excess of revenues and gains over expenses and losses for a period. It represents the net income or net earnings of a business.2. What are the main components of a balance sheet?Answer: The main components of a balance sheet are assets, liabilities, and equity. Assets represent what a company owns or controls with future economic benefit. Liabilities are obligations or debts that a company owes to others. Equity is the residual interest in the assets of the entity after deducting all its liabilities, representing the ownership interest of the shareholders.四、计算题（每题15分，共30分）1. Calculate the net income for the year if the revenue is$500,000, the cost of goods sold is $300,000, operating expenses are $80,000, and other expenses are $20,000. Answer: Net Income = Revenue - Cost of Goods Sold - Operating。
会计专业英语
资料范本本资料为word版本，可以直接编辑和打印，感谢您的下载会计专业英语地点：__________________时间：__________________说明：本资料适用于约定双方经过谈判，协商而共同承认，共同遵守的责任与义务，仅供参考，文档可直接下载或修改，不需要的部分可直接删除，使用时请详细阅读内容words and phrases 残值 scrip value分期付款 installmentconcern 企业reversing entry 转回分录找零 change报销 turn overpast due 过期inflation 通货膨胀on account 赊账miscellaneous expense 其他费用charge 收费汇票 draft权益 equityaccrual basis 应计制retained earnings 留存收益trad-in 易新，以旧换新in transit 在途collection 托收款项资产 assetproceeds 现值报销 turn overdishonor 拒付utility expenses 水电费outlay 花费IOU 欠条Going-concern concept 持续经营运费 freightMultiple-choice question1.Which of the following does not describe accounting? ( C )A. Language of businessB. Useful ofr decision makingC. Is an end rathe than a means to an end.ed by business, government, nonprofit organizations, and individuals.2.An objective of financial reporting is to ( B )A. Assess the adequacy of internal control.B.Provide information useful for investor decisions.C.Evaluate management results compared with standards.D.Provide information on compliance with established procedures.3.Which of the following statements is(are) correct?( B )A.Accumulated depreciation represents a cash fund being accumulated for the replacement of plant assets.B.A company may use different depreciation methods in its financial statements and its income tax return.C.The cost of a machine includes the cost of repairing damage to the machine during the installation process.D.The use of an accelerated depreciation method causes an asset to wear out more quickly than does use of the unit-of-product method.4. Which of the following is(are) correct about a company’s balance sheet? ( B )A.It displays sources and uses of cash for the period.B.It is an expansion of the basic accounting equationC.It is not sometimes referred to as a statement of financial position.D.It is unnecessary if both an income statement and statement of cash flows are availabe.5.Objectives of financial reporting to external investors and creditors include preparing information about all of the following except. ( A )rmation used to determine which products to poducermation about economic resources, claims to those resources, and changes in both resources and claims.rmation that is useful in assessing the amount, timing, and uncertainty of future cash flows.rmation that is useful in making ivestment and credit decisions.6.Each of the following measures strengthens internal controlover cash receipts except. ( C )A.The use of a petty cash fund.B.Preparation of a dailylisting of all checks received through the mail.C.The use of cash registers.D.The deposit of cash receipts in the bank on a daily basis.7.The primary purpose for using an inventory flow assumption is to. ( A )A.Offset against revenue an appropriate cost of goods sold.B.Parallel the physical flow of units of merchandise.C.Minimize income taxes.D.Maximize the reported amount of net income.8.In general terms, financial assets appear in the balance sheet at. ( B )A.Current valueB.Face valueC.CostD.Estimated future sales value.9.If the going-concem assumption is no longer valid for a company except. ( C )nd held as an ivestment would be valued at its liquidation value.B.All prepaid assets would be completely written off immediately.C.Total contributed capital and retained earnings would remain unchanged.D.The allowance for uncollectible accounts would be eliminated.10.Which of the following explains the debit and credit rules relating to the recording of revenue and expenses?( C )A.Expenses appear on the left side of the balance sheet and are recorded by debits;revenue appears on the right side of the balance sheet and is reoorded by credits.B. Expenses appear on the left side of the income statement and are recorded by debits; Revenue appears on the right side of the income statement and is recorded by credits.C.The effects of revenue and expenses on owners’ equity.D.The realization principle and the matching principle.11.Which of the following statements is(are) correct?( B )A.Accumulated depreciation represents a cash fund being accumulated for the replacement of plant assets.B.The cost of a machine do not includes the cost of repairing damage to the machine during the installation prcess.C.A company may use same depreciation methods in its finacial statements and its income tax return.D.The use of an accelerated depreciation method causes an asset to wear out more quickly than does use of the straight-line method.12.A set of financial statements ( B ) except.A.Is intended to assist users in evaluating the financial position, profitability, and future prospects of an entity.B.Is intended to assist the Intemal Revenue Service in detemining the amount of income taxes owed by a business organization.C.Includes notes disclosing information necessary for the proper interpretation of the statements.D.Is intended to assist investors and creditors in making decisions inventory the allocation of economic resources.13.The primary purpose for using an inventory flow assumption is to. ( B )A.Parallel the physical flow of units of merchandise.B.Offset against revenue an appropriate cost of goods soldC.Minimize income taxes.D.Maximize the reported amount of net income.14.Indicate all correct answers. In the accounting cycle. ( D )A.Transactions are posted before they are journalized.B.A trial balance is prepared after journal entries haven’t been posted.C.The Retained Earnings account is not shown as an up-to-date figure in the trial balance.D.Joumal entries are posted to appropriate ledger accounts.15.According to text, Objectives of Financial Reporting by Business Enterprises. ( D )A.Extemal users have the ability to prescribe information they want.rmation is always based on exact measures.C.Financial reporting is usually based on industries or the economy as a whole.D.Financial accounting does not directly measure the value of a business enterprise.16.Indicate all correct answers. Dividends except ( A )A.Decrease owners’ equi ty.B.Decrease net incomeC.Are recorded by debiting the Cash accountD.Are a business expense17.Which of the following practices contributes to efficient cash management? ( C )A.Never borrow money-maintain a cash balance sufficient to make all necessary payments.B.Record all cash receipts and cash payments at the end of the month when reconciling the bank statements.C.Prepare monthly forecasts of planned cash receipts, payments, and anticipated cash balances up to a year in advance.D.Pay each bill as soon as the invoice arrives.18.Which of the following would you expect to find in a correctly prepared income statement? ( A )A.Revenues earned during the period.B.Cash balance at the end of the period.C.Contributions by the owner during the period.D.Expenses incurred during the next period to earn revenues.19.Which of the following are important factors in ensuring the integrity of accounting information? ( D )A.Institutional factors, such as standards for preparing information.B.Professional organizations, such as the American Institute of CPAs.petence’ judgment’ and ethical behavior of individual accountants’D.All of the above.Practices11.On Jan.1, 2000, Mark Co, acquired equipment to use in its operations. The equipment has an estimated useful life of 10 years and an estimated salvage value of $5,000. The depreciation applicable to this equipment was $40,000 for 2000, calculated under the sum-of –the-years’ –digits method. Required: Determine the acquisition cost of the equipment. ( C )A.$210,000B.$250,000C.$225.000D.$200,0002. On Jan.2, 2002, Mark Co, acquired equipment to use in its operations. The equipment has an estimated useful life of 10 years and an estimated salvage value of $5,000. The depreciation applicable to this equipment was $24,000 for 2004, calculated under the sum-of –the-years’ –digits method (4%). Required: Determine the acquisition cost of the equipment. ( C )A.$220,000B.$250,000C.$224.000D.$200,0003. October 1, 2005, Coast Financial Ioaned Bart Corporation $3000,000, receiving in exchange a nine-month, 12 percent note receivable. Coast ends its fiscal year on December 31 and makes adjusting entries to accrue interest earned on all notes receivable.The interest earned on the note receivable from Bart Corporation during 2006 will amount to. ( A )A.$9,000B.$18,000C.$27.000D.$36,000Question: What is the reconciled balance? ( B )A.$4,187B.$4,085C.$4,090D.$4,000Required: Choose the reconciled balance. ( D )A.$3,220B.$3,250C.$3,200D.$3,225Required:Calculate the cost of goods available for sale(C)A.$475,000B.$474,000C.$470,000D.$473,000Required: Calculate the cost of goods sold ( D )A.$225,000B.$254,000C.$250,000D.$253,0008.At the end of the current year, the accounts receivable account has a debit balance of $60,000 and net sales for the year total $100,000. The allowance account before adjunstment has adebit balance of a $500, and uncollectible accounts expense is estimated at 1% of net sales. Question: The entry for the above bad debts is ( A )A.Dr. Bad Debt Accts. $1,500B.Dr. Bad Debt Accts. $500Cr. Allowance Doubtful Accts. $1,500 Cr. Allowance Doubtful Accts. $500C. Dr. Bad Debt Accts. $1,000D. Dr. Bad Debt Accts. $1,500Cr. Accts Rec. $1,000 Cr. Accts Rec. $1,5009.The balance sheet items to The Oven Bakery(arranged in alphabetical order)were as follows at August 1,2005.(You are to compute the missing figure for retained earnings.)(4%)REQUIRED:Find Retained earnings at August 1 2005(D)A.$420,000B.$44,000C.$40,000D.$48,000Practices2Sue began a public accounting practice and completed these transactions during first month of the current year.Required: Choose the entries to record the following transactons.1.Invested $50,000 cash in a public accounting practice begunthis day. ( A )A.Dr. Cash $50,000B.Dr. Capital Stock $50,000Cr. Capital Stock $50,000 Cr. Cash $50,0002.Paid cash for three monts’ of fice rent in advance $900(B)A.Dr. Rent Exp. $900B.Dr. Prepaid Rent $900Cr. Cash $900 Cr. Cash $9003.Paid the premium on two insurance policies, $300. ( )A.Dr. Prepaid Insurance $300B.Dr. Insurance Exp $300Cr. Cash $300 Cr. Cash $300pleted accounting work for Sun Bank on credit $1000. ( A )A.Dr. Accts Rec $1000B.Dr. Cash $1000Cr.Accounting Revenue $1000 Cr.Accounting Revenue $10005.Paid the monthly utility bills of the accounting office $300 ( A )A.Dr Utility Exp $300B.Dr office Exp $300Cr. Cash $300 Cr. Cash $300Linda began a public accounting practice and completed these transactons during first month of the current year.Required: Choose the entries to record the following transactons.6.Invested $20,000 cash in a public accounting practice begunthis day. ( A )A.Dr Cash $20,00B.Dr Capital Stock $20,000Cr. Capital Stock $20,000 Cr. Cash $20,007.Paid cash for three months’ office rent in advance $1200.( B )A.Dr. Rent Exp $1200B.Dr. Prepaid Rent $1200Cr. Cash $1200 Cr. Cash $12008.Purchased offfice supplies $100 and office equipment $2,000 on credit. ( B )A.Dr. Office Equipment $2,000B.Dr.Office Equipment$2,000Office Supplies $100 Office Supplies $100Cr. Accts Rec. $2,100 Cr.Accts Pay. $2,100pleted accounting work for Jack Hall and collected $2000 cash therefore. ( B )A.Dr. Accts Rec $2000B.Dr. Cash $2000Cr.Accounting Revenue $2000 Cr.Accounting Revenue $200010.Purchase additional office equipment on credit $2500.( A )A.Dr.Office equipment $2500B.Dr. Office equipment $2500Cr.Accts Pay $2500 Cr.Accts Rec $2500Translation:1)The mechanics of double-entry accounting are such that every transaction is recorded in the debit side of one or more accounts and in the credit side of one or more accounts with equal debits and credits. Such form of combination is called accounting entry. Wherethere are only two accounts affected. 2)the debit and credit amounts are equal. If more than two accounts are affceted, the total of the debit entries must equal the total of the credit entries. The double-entry accounting is used by virtually every business organization, regardl ess of whether the company’s accounting records are maintained manually or by computer.1.The mechanics of double-entry accounting.( B )A.会计两次记账的制度B.复式记账机制C.会计的重复记账体制2.the debit and credit amounts are equal. ( A )A.借方金额与贷方金额是相等的B.借出金额与贷款金额是相等的C.借入金额与贷款金额是相等的Most accounting methods are based on the assumption that the business enterprise will have a long life. Experience indicatesthat.1)inspite of numerous business failures, companies have a fairly high continuance rate. Accountants do not believe that business firms will last indefinitely, but they do expect them to last long enouthto2)fulfill their objectives and commitments.3.in spite of numerous business failures, companies have a fairly high continuance rate. ( B )A.可惜有许多企业失败,但公司仍有较高的持续经营比率。
英文版会计学考试题及答案
英文版会计学考试题及答案English Accounting Exam Questions and AnswersQuestion 1: Define the term "Double Entry Bookkeeping" and explain its significance in accounting.Answer 1: Double Entry Bookkeeping is a system of recording financial transactions in which every entry to an account requires a corresponding and opposite entry to a different account. This ensures that the accounting equation (Assets = Liabilities + Owner's Equity) remains in balance. The significance of double entry bookkeeping lies in its ability to provide an accurate and comprehensive picture of a business's financial status, facilitating better decision-making and financial control.Question 2: What is the purpose of a trial balance, and how does it help in the preparation of financial statements?Answer 2: A trial balance is a report that lists the balances of all general ledger accounts at a particular point in time, with debit and credit amounts. It is used to ensure that the debits and credits have been recorded correctly. The trial balance helps in the preparation of financial statements by identifying any discrepancies in the accounting records, which can then be rectified before finalizing the statements.Question 3: Explain the difference between "AccrualAccounting" and "Cash Accounting."Answer 3: Accrual Accounting is a method of accounting where revenues and expenses are recognized when they are earned or incurred, not necessarily when cash is received or paid. This method provides a more accurate representation of a company's financial performance over a period. Cash Accounting, on the other hand, records transactions only when cash is exchanged. It is simpler and is often used by small businesses or those that operate on a cash basis.Question 4: Describe the process of preparing an income statement.Answer 4: Preparing an income statement involves several steps:1. List all the revenues for the period, such as sales and service income.2. Deduct all the expenses incurred to generate those revenues, including cost of goods sold, operating expenses, and taxes.3. Calculate the net income by subtracting total expenses from total revenues.4. The income statement should reflect the company's profitability over a specified period, typically a month, quarter, or year.Question 5: What are the main components of a balance sheet, and how do they relate to each other?Answer 5: The main components of a balance sheet are:1. Assets: What the company owns or controls with future economic benefit, divided into current assets (short-term) and non-current assets (long-term).2. Liabilities: Obligations the company owes to others, classified as current liabilities (due within one year) and long-term liabilities (due after one year).3. Owner's Equity: The residual interest in the assets of the entity after deducting liabilities, also known as shareholders' equity or net assets.These components are related through the fundamental accounting equation: Assets = Liabilities + Owner's Equity.Question 6: How does depreciation affect a company'sfinancial statements?Answer 6: Depreciation is a non-cash accounting method used to allocate the cost of tangible assets over their useful lives. It affects a company's financial statements in the following ways:1. It reduces the book value of the asset on the balance sheet.2. It increases the accumulated depreciation account, whichis a contra-asset account.3. It decreases net income on the income statement, as depreciation is an expense.4. It can lower taxable income, potentially reducing the company's tax liability.Question 7: What is the purpose of the statement of cash flows, and how does it differ from the income statement?Answer 7: The purpose of the statement of cash flows is to provide information about a company's cash receipts and payments during a period, showing how these cash flows affect the company's financial position. It differs from the income statement in that:1. It focuses on cash transactions, not accrual-basis accounting.2. It categorizes cash flows into operating, investing, and financing activities.3. It does not report net income but rather the net change in cash and cash equivalents.Question 8: Explain the concept of "Going Concern" and its importance in financial reporting.Answer 8: The Going Concern concept assumes that a businesswill continue to operate for the foreseeable future, allowing it to realize its assets and discharge its liabilities in the normal course of business. It is important in financial reporting because it underpins the accrual basis of accounting, which assumes that the business will continue to operate and therefore can recognize revenues and expensesover time.Question 9: What are the ethical considerations in accounting, and why are they important?Answer 9: Ethical considerations in accounting include honesty, integrity, objectivity, and confidentiality. Theyare important because they ensure the reliability andcredibility of financial information, which is crucial for stakeholders to make informed decisions. Ethical behavior also helps maintain public trust。
学位英语(机考模拟题及参考答案)(第一部分)
会计专业学位外语部分机考模拟题及参考答案（第一部分）一、语音题1 A .South B loudly C bought D brown2 A exercise B exit C text D expensive3 A city B mind C commit D since4 A case B nose C list D sight5 A text B expensive C exercise D exit6 A how B operate C on D a7 A cold B old C whole D some8 A good B moon C look D book9 A grammar B large C gay D glory10 A sight B case C nose D list11 A daughter B enough C fight D neighbor12 A ground B about C out D would13 A low B now C grow D Snow14 a brown b south c loudly d bought15 a with b time c light d like16 a large b gay c glory d grammar17 a exercise b exit c text d expensive18 a noise b place c office d horse19 A match B fast C have D sad20 A whole B some C cold D old21 A fast B have C said D match22 A libraries B grapes C changes D tables23 A either B though C through D another24 .A mind B limit C since D city25 A have B sad C match D fast参考答案：CDBBB ADBBC BDBDA ADABB AACAD二、对错题1Those of us who smoke should have their our hung lungs x-rayed regularly2He found it impossible to finish the work with3The problem is how we can operate the new machine on in such a short time4In Newtonian mechanics it is not difficulty not difficult to niter down the basic equations that must be solved in order to5He got two pieces of information about the new product678Now what that the newspaper arrived we can see the scores of the tennis matches.9 He got two pieces of informations about the new product.A about b product c got d information10 in Newtonian mechanics it is not difficulty to write down the basic equations thant must be solved in order to describe the motion of an object.A basic b must be solved c in d not difficulty11 now more and more young people are learning for the little herob nowc and d are12 the problem is how we can operate the new machine on such a short time.A operate b on c a d how13 on the days liked to write poetry, or paint with water colors, or cook an unusual dish.A to write b unusual dish14 easier for me to go there on foot than driving a cara than c easier d there15 the instructor had gone over the problems many times before the students will take the final examinationa will takeb overc many timesd before16 we usually looks it up in dictionary when he comes across a new word..17 now that the newspaper ….arrived we can see the scores of the tennis matches 加hadA can seeB of theC thatD arrived18 you should be working instead of lie there in bed lie----lying19、Jim was upset last night because he had to do too many homeworks.A had to doB many homeworksC upsetD because20、He cannot remember the thing whose made me very sad.A sadB cannotC thingD Whose21 He found it impossible to finish the work with such a short time.A ItB to finishC withD a22 He speaks English more fluently than his bother is.A thanB isC speaksD more23.The speech____ ,a lively discussion started.A was deliveredB having been deliveredC being deliveredD be delivered24.This is the problem___ you should pay attention.A whichB to whichC on whichD at which参考答案：CCCBB CCADD ABDBA AB略BD C BBB三、词汇题1 Inquiries the condition of the patients may be made personally or by telephoneA affecting b following c revealing d concerning2 that may eventually reduce the amount of labor needed on construction sites by 90 percent.A so clever the construction robots b such clever construction robots are c so clever are the construction robots d such construction robots are clever3 the student’s today is to write a book reportA association b assignment c attendance d responsibility4 the speech ,a lively discussion started.A having been delivered b being delivered c be delivered d was delivered5 this is a argumentA convinced c inconvincible d convince6 the officials in the at London airport were very polite.A customs b custom d custom7 the escaped prisoner waited until of night before leaving his hiding place.A dark b deep c depth d dead8 voice so that everyone can hear very clearlyA aloud d aloudly9 what time do you usually in the morning?A get up b get on c get over d get through10 we were for half an hour in the traffic and so we arrived lateA put back b broke down c held up d kept off11 this is the problem you should pay attentionA on which b at which c which d to which12 mary was going to a wedding so she brushed wellA her hairs b the hair c the hairs d her hair13 you will need the things a pen, a notebook and a ruler.A after b following c under d below14 I know noting about it what I have read in the papersA expect b except c besides d beside15 not until you work is finisheda can’t you leaveb you can leavec can you leaved you can’t leave16 he is given answers that only his confusionA come up b add to c come with d add with17 The escaped prisoner waited until of night before leaving his hiding place.A depthB deadC darkD deepHe never to read the news but turned at once to the crossword on the last pageA painedB troubledC worriedD noticed18 Did he say anything about how the workA was to be doneB to doC was to doD to be done1920The speech a lively discussion startedA was deliveredB having been deliveredC being deliveredD be delivered21know that either you or your father a copyA hasB are to haveC have hadD have22It made us very angry like theftA to hear him talkB to hear him to talkC hear him to talkD hear him talk23I____ my paper because it is too easy for me have handed.A withB inC out ofD over24It is desirable that the airplane___ as light as possible.A isB wereC beD had been25The race was so close that everyone was___ at the finish.A thinking ofB holding his breatheC working outD winning over26The business has__ from having one office to having twelve.A expandedB exposedC increasedD comprised27She ____ a new idea for increasing sales.A came up withB cam up atC came byD came for28I’m learning French, but I still can’t speak it____.A properlyB normallyC usuallyD really29____is easily seen.A The advantage of the economic reformB The economics’ reform advantageC The reform of the economic advantageD The economic reform’s advantage30The girl has made up her mind to go abroad with her boyfriend despite her parents’ ___ .A agreementB allowingC lettingD objection31As he was ill, he had to __ the party.A missB avoidC regretD lack32Shall we request the chairman__ our suggestion again?A to considerB consideringC considerD considered33 The road is kept open___ the year.A throughoutB thoughC throughoutD through34 His plan__ by those who heard it.A was laughedB were laughingC was laughing atD was laughed at35 My father never gave me .A. many adviceB. much adviceC. many advicesD. a lot of advices36 I be very nice if he could come for our party.A. willB. wouldC. shallD. was going towell.A. her hairB. her hairsC. the hairD. the hairs38 Shall we request the chairman our suggestion again?A. to considerB. consideringC. considerD. considered39 The company offered him high pay as an to accept the job.A. inducementB.C. invitationD. apple40 Unless he is intense love, he hardly even into someone else’s eyes for very long.A. confessingB. refusingC. grantingD. covering41 I ram Alice. Who was on her way to see how I was getting along.A. upB. out ofC. overD. into42 After the they drove to the Guest house at speed.A. topB. headC. wholeD. every43 They have never heard any .A. a customer complaint.B. the customer’s complaintsC. customer’s complaintD. the customers’ complaints44 She has nothing to do with the murder case. She is not it.A. concerned withB. related inC. involved inD. concerned in45 Could I borrow that book when you finished it?A. to readB. not to read46 I’I can stay only a few minutes.A. whichB. however D. though47 He lived to be twenty-eight, the man in BulgariaA. healthiestB. healthfulC. healthD. healthily48 Did he say anything about how the workA. to doB. was to do49 I felt that I was not yet to travel.A. strongly enoughB. enough stronglyC. strong enoughD. enough strong50 When her name was mentioned. I sam Mary from her seat.A. raiseB. raisingC. in riseD. rising51 He is given answers that only his confusion.A. add toB. come withC. add withD. come up52I could not persuade him to accept it make him see the importance of it.A. it only I could notB. or I could notC. no more than I couldD. nor could I53 The girl has made up her mind to do a broad with her boyfriend despite her parents’.A. agreementB. allowingC. lettingD. objection54 The road is kept open the year.A. throughoutB. thoughC. throughoutD. through55 Not until your work is finished .A. you can leaveB. can you leaveC. you can’t leaveD. can’t you leave56The of air travel during this century has made the world seem smaller.A. vacationB. connectionC. innovationD. liberation57 We forgave his bad temper because we know that his son’s illness had put him under great____A. emotionB. excitementC. crisisD. stress58 He smiled and told me I would receive anA. moreB. exactlyC. additionA. awayB. voyageC. boat tripD. excursion60 The escaped prisoner waited until of night before leaving his hiding place.A. darkB. deepC. depthD. dead61 many of the customers work during the day . Billy has to collect the money from them at night.A. SinceB. AlthoughC. There forD. From62 According to the author, the future doesn’t need .A. CreativityB. imaginationC. creatorsD. followers63 The you are ,the happier they will be.A more kinderB more kindC kinderD kind64 Inquiries the condition of the patients may be mead personally or be telephone.A revealingB concerningC affectingD following65 The sign ___ that cars cannot enter .A movesB meansC soundsD appears66 The company offered him high pay as an _____to accept the jop.A invitationB appleC inducementD aim67 ____That may eventually reduce the amount of labor needed on construction sites by 90 percent.A such cleven construction robots areB so clever are the construction robotsC such construction robots are cleverD so clever the construction robots68 Caught a ______of the taxi before it disappeared around the corner of the street .A visionB glimpseC lookD scene69 Mr wang is an engineer _____profession .A byB withC atD on70 He is given answers that only _____his confusionA add toB come withC add withD come up71 It’s a pity ______you missed such an interesting program.A whenB whatC thatD which72 mary was going to a wedding so she brushed ______wellA her hairsB the hairC the hairsD her hair73 The _____you are , the happier they will beA more kinderB more kindC kinderD kind74 _________many of the customers work during the day ,Billy has to collect the mony from them at night .A FromB sinceC Although75 send us message if you ______any difficulty .A have hadB haveC hadD will have76 The observer,s statement about the accident was very __________,we know almost every thing about it nowA especialB exceptionalC specialD specific77 What time do you usually _____in the morning?A get upB get onC get overD get through78 He said he ___________return from Germany the next day .A Would go toB is toC Was toD is going to79 I know nothing about it ________what I have read in the papersA expectB besidesC exceptD beside80 I tried very hard to persuade him to join our group but I met with a flat __________A refusalB declineC disapprovalD rejection81 disturbing her ,the news had a strangely calming effect.A insteadB in stead ofC in the steadD instead of82 He lived to be ninety-eight ,the ________man in Bulgaria.A healthB healthilyC healthiestD healthful83 the noise of the traffic __________paul from his work.A annoyedB upsetC preventedD distracted84 She did not feel ______going out .as she had a slight headacheA afterB forC aboutD like85 Mr john kept thinking hard ,but failed to _________a workable plan.A come up toB come up forC come up withD come up against86 It ________be very nice if he could come for our partyA willB wouldC shallD was going to87 It was not very _________of you to sell the house ,The price is increasing everyday .A kindB clearC friendlyD wise88 I,d rather read than watch television ,the programs seem __________all the time .A getting worseB to get worseC to be getting worseD to have got worse89 The government will have to work hard _________the confidence of the people after the temble event .A to come up withB to come atC to win backD to win through90 Many words in the English language are French inA originB vocabularyC contextD source91.I know that either you or your father ___a copy.A are to haveB have hadC haveD has92.As he was ill ,he had to___ the party.A missB avoidC regretD lack参考答案DCBBB CCCAC DDBCC BADAC AAABC BAAAA DAACD BBAAA ADACC DBACC DADDC BCDDA CA略CB BCBBA ACDCB BDADA DCCDC BDCCA DA四、阅读理解While plant and animal species are disappearing at a rapidly increasing rate throughout the world, scientists note some success stories. Fox example, the number of elephants killed illegally in Africa has fallen sharply.89 Thousand were killed in 1983.46 thousand were killed one year later.This happened because African countries agreed to establish export limits on ivory from elephants. Ivory is the hard white. Material that forms an elephant’s two long teeth, or tusks Countries that import ivory are refusing to accept ivory shipments that do not have legal export documents.The Convention on Intentioned Trade in Endangered Species in a treaty signed by 91 nations led to the program for saving endangered elephants. In Africa, successful efforts also have been made in protecting Africa’s endangered mountain gorillas. Almost 400 of the gorillas survive in a volcano area on the border of Rwanda, Uganda and Zaire. The mountain gorillas have remained about the same for 15 years. This happened partly. Because Rwanda developed an important business that depends on protecting the gorillas. Visitors. There can pay to get close to watch the gorillas in the animals traditional home area.Another successful programs to take endangered animals olla of their natural homes. The animals are put into zoos or Dither protected areas where they can reproduce in safety The goal of many of these programs is to produce enough animals to putback into the wild.1 what is the best title for this passage? Successful Programs of Saving the Wild2 The number of elephants killed illegally in Africa has decreased greatly intact3 In Africa, the number of elephants killed illegally in 1983 and 1984 was 89 thousand 46 thousand4 The number of mountain gorillas has remained about the same for marry years partly because of an important business depends on protecting the gorillas5 The phrase “the wild” in paragraph 5 refers to outdoorsCharlie chaplin has broken all records in making people laugh no one has so set a whole world laughing as the little man with the walking stick and the overlarge shoes.Much has been written about chapl in’s art and his career, and opinions have ranged widely. But perhaps those who called him “the most general human being of our time” came closest to the truth. Those who have called him a genius stress the timeless and common qualities in his work, it is an art filled with sad elements and deep human feeling, with which an audience cannot help but become involved. It is for these reasons, I believe, that th figure of Charlie has attracted generation after generation.All the writers who give accounts of ch aplin’s life agree that charlie’s unhappy early years in the area in London where houses were dirty and worn had a great influence on his development and on the type of films he made, chaplin himself emphasizes it in his memoirs(回忆录), the more one reads about his earliest period, the more on tends to agree indeed, his suffering youth had a lasting influence on him.Chaplin was never afraid to deal with subjects causing much disagreement in his films, he gave a humorous performance on war only a few weeks before the American soldiers came home from world war I in 1918, this was regarded as madness, but the performance was well received. So perfectly did it hit the mail on the head that even the returning soldiers found it impossible to hate it and deeply appreciated this short and humorous performance on what for them had been unpleasant reality. Chaplin gave numerous performances attacking capital governments, satirizing(讽刺) the cruelty of the machine age and even making fun of Hitler.Years after his death, the funny films of motion picture actor and director Charlie chaplin continue to be popular. He is particularly well known for his success as a creator of humorous presentations that make fun of people, the establishment, or networks.1 all of the following about Charlie chaplin are true excepta he was born in the USAb he was a great film actorc he had an unhappy early life d he made fun of Hitler in his films2 according to the author, Charlie chaplin has been popular with generation after generation becausea he set the whole world laughingb his performances get people involvedc his works appeal to people in different periodsd both B and C3 according to Charlie chaplin’s life history writers, had a strong influence on the type of films he made.a the society in which he livedb the audience who praised and admired himc those who called him a genius d his unhappy early years in the poor area in London4 according to the passage, which of the following true?a there are timeless qualities in chaplins work because he didn’t involve himself in political affairs.B chaplin became popular years after his death.C chaplin’s performance is funny without any sad elementsD chaplin’s films are the combinations of funny and sad elements5 this passage wasa written by Charlie chaplinb written about Charlie chaplinC advertising one of Charli e chaplin’s filmsD written for students to learn film-making参考答案：ABDDB“the more you learn, the more you earn,”said the pop singer Cyndi lauper as she accepted her high school diploma at the age of 35. in the USA today, about 75% of jobs require some education or technical training beyond high school. The lowest wage earners in the USA are those without high school degrees, college graduates out-earn those without a college education, people with master’s degrees out-earn those with only bachelor’s, and the highest incomes of all are earned by people with advanced academic degrees. These facts explain why mo st of young Americans go to college. But more diplomas don’t always mean more money. Many skilled blue-collar workers, salespeople, and business executives out-earn college professors and scientist. And great athletes and actors out- earn everyone else!But college education is not only preparation for a career, it is also (or should be) preparation for life. In addition to courses in their major field of study, most students have time to take elective course. They may take classes that help them understand more about human nature, government, the arts, or sciences.Today, more than half of American high school graduates go to college. But recently high school graduates no longer dominate the college campuses. Today, it is quite common for adults of all ages to come back to college for personal growth. Now about half of all the American college students are older than 25, and 20% of them are over 35.For Americans, to receive college education is very important. This is proved by the rising number of Americans who have at least a bachelor’s degree. About 20% of Americans are college graduates, however, among younger adults and working people, the percentage is at least 25%, much higher than in most other major nations, in the USA, college education is not regarded as privilege for the wealthy or the academically talented. In fact everyone who wants to go to college can do so.1many young Americans want to go to college becauseA their parents have a lot of money and can afford all their expensesB they can get higher income with higher degreesC college life is more interesting and attractive than high school lifeD they think it as a waste of their talents if they don’t receive college education2 it could be concluded from the second paragraph thatA college graduates earn more money than those people without college degreesB going to college is the dream of all the American peopleC college education can make a student understand a lot about the world around himD students will become more self-confident if they go to college3 when the students study in college, they canA take some courses that they are majoring inB take some elective coursesC take some courses that they are interested inD do all of the above4 in America, the percentage of college graduates among working people isA the same as in most other major nationsB much higher than in most other major nationsC much lower than in most other major nationsD not mentioned in the passage5 which of the following can most probably be inferred from the passage?A in the past, high school graduates account for the majority of college studentsB all of the Americans have realized the importance of receiving a college educationC today, most of Americans have at least a bachelor’s degree.D if you have more diplomas, you will surely earn more money than other people.参考答案：BCDBBIf you want to keep young, sit down and have a good think, this is the research finding of a team of Japanese doctors, who say that most of our brains are not getting enough exercise, and as a result, we are getting old soon.Professor taiju matsuzawa at Tokyo national university wanted to find out why quite he althy fanners in northern Japan appeared to be losing their ability to think and reason at rather early age, and how the speed of getting old could be slowed down. With a team of researchers, he set about measuring brain volumes of a thousand people of different ages and different jobsComputer technology enabled the researchers to get most exact measurements of the volume of the front and side parts of the brain, which have something to do with intellect and feelings, and decide the human character. As we all know, the back part of the brain, which controls tasks like eating and breathing, does not contract with age.Contraction of front and side parts as cells die off was seen in some subjects in their thirties, but it was still not evident in some sixty-and seventy-year -olds.Matsuzawa concluded from his tests that there is a simple way to prevent the contraction- using the head.The findings show that contraction of the brain begins sooner in people in the country than in the towns.”those with least possibility.” Said matsuzawa, “are lawyers, followed by university professors and doctors. White collar workers doing the same work day after day in government offices are, however, as likely to have contracting brains as the farm workers, bus drivers and shop assistants”1 the team of doctors wanted to find outA the size of some people’s brainB why some people age sooner than othersC what kind of people are very cleverD how to make people live longer2 the front and side parts of the brain relate to all of the following aspects EXCEPTa mental abilityb emotionc characterd eating and breathing3 the word “subjects”(in paragraph 4) most probably refers toA persons or things that are being discussed or consideredB persons chosen to be studied in an experimentC branches of knowledge studied in a schoolD words in a sentence about which something is stated4 according to the research findings, which kind of people seems to age most quickly?A doctors b lawyers c teachers d farm workers5 which of the following sentences is NOT mentioned in the passage?A professor matsuzawa suggested that people should use their brains more often because thinking can stop the brain from contractionB the research findings are based on the study of the brain sizes of different peopleC the team of doctors made these tests in order to show how the brain worksD the professor’s tests prove that old people’s brains have contracted more quickly than other young people参考答案：BDBDC。
会计英语试卷含答案.doc
会计专业英语期末考试试卷1考试时间：2小时总分：100分一、判断：每题1分，共10分(正确的在题后括号内打钩，错误的打叉。
)1、R etained earning is not an asset; it is an element of stockholders'equity.( )2、在收付实现制下，收入是按照它在实际发生的期间，而不是实际收取现款的期间登记入账。
()3、The subsidiary accounts receivable ledger trial balance should agreewith the balance of the accounts receivable account in the general ledger.( )4、Cash budgets are not important to the management of cash flows.( )5、Profits decrease the owner's equity in the business. ( )6、All inventories shall be taken stock periodically. ( )7、In the periodic inventory system(实地盘存制)，the business does not keep acontinuous record of the inventory on hand.( )8、Non-current liabilities are obligations that must be paid within one year or theoperating cycle (whichever is longer).( )9、Central to the definition of a contingent liability is the element ofuncertainty.( )10、T he owner, s equity in a business is increased by borrowing money froma bank.( )二、单项选择题：每题2分，共20分(每题只有1个正确答案，多选或选错不得分)1、W hen an amount is entered on the ( ) side of an account, it is a credit, and theaccount is said to be credited.A、leftB、rightC、left or rightD、others2、Which is not included in long-term assets?( )A、fixed assetsB、intangible assetsC、cashD、deferred assets3、If a delivery truck costs $ 10, 000 and has an estimated residual value (残值)of $ 2, 000 at the end of its estimated useful life of fiveyears, the annual depreciation would be ( ) under the straight-line method.A、$ 2, 400B、$2, 000C、$ 1, 800D、$ 1, 6004、Total assets will be ( ) by the act of borrowing money from a bank.A、decreasedB、increasedC、remained (保持不变)D、uncertain5、The owners of a corporation (股份公司)are termed (称为)( )A、stockholdersB、investorsC、creditorsD、none of above (都不是)6、()是指会计忽略通货膨胀影响，对货币价值变动不作调整。
会计专业英语试题含答案
注意：请将所有答案手写在答题纸上！Ⅰ. Identify true (T) or false (F) statements (12X1′=12′)F . 1. An income statement is a summary of the revenues and expenses of a business as of a specific date.T 2. Accounting is thought to be the “language of business”because business information is communicated to stakeholders.F 3. If a building is appraised for $90,000, offered for sale at $95,000, and the buyer pays $85,000 cash for it, the buyer would record the building at $90,000.F 4. Cash equivalents are short-term highly liquid investment assets that are readily converted to a known cash amount, and have maturities of one year.F 5. For good internal control over cash, all payments should be made from the petty cash, except for very large payments.T 6. The aging method of determining bad debts expense is based on the knowledge that the longer a receivable is past due, the lower the likelihood of collection.F 7. Land improvements are generally charged to the Land account.T 8. Recording depreciation each period is an application of the matching principle.T 9. The cost of an inventory item includes its invoice cost minus any discount, and plus any added or incidental costs necessary to put it in a place and condition for sale.T 10. A consignor who has goods out on consignment with an agent should include the goods in ending inventory even though they are not in the possession of the consignor.F 11. Whether purchase costs are rising or falling, FIFO always will yield the highest gross profit and net income.T 12. If the perpetual inventory system is used and a physical count disclosed a shortage, the cost of merchandise sold should be debited and the merchandise inventory account credited.Ⅱ. Insert “+” for increase and “-”for decrease in the appropriate columns below, based on double-entry bookkeeping rules (6X2′=12′)Ⅲ. Translate the accounting terms from English to Chinese (No. 1-6) and from Chinese to English (No. 7-10) (10X2′=20′)1. General journal （总分类账）2. Accounting elements （会计要素）3. Closing entries（结账分录）4. CICPA（中国注册会计师协会）5. Net realizable value（可变现净值）6. Accrual-basis accounting （应计制会计）7. 非流动负债（non-current liabilities）8. 历史成本（Historical cost）9. 分类账（ledger）10. 经营周期（Operating cycle）Ⅳ. Short answer questions (3X6′=18′)1.What is accounting?Accounting may be described as the process of identifying, measuring, recording,and communicating economic information to permit informed judgments anddecisions by users of that information2.What is depreciation of plant assets? What is the basic purpose of depreciation?Depreciation, as the term is used in accounting, is the allocation of the cost of atangible plant asset to expense in the periods in which services are received from theasset. In short, the basic purpose of depreciation is to achieve the matching principlethat is, to offset the revenue of an accounting period with the costs of the goodsand services being consumed in the effort to generate that revenue.3.Identify the tools of financial statement analysis.The analysis of financial data employs various techniques to emphasize thecomparative and relative significance of the data presented and to evaluate theposition of the firm. Three commonly used tools are as following.Horizontal analysisevaluates a series of financial statement data over a periodof time.Verticalanalysis evaluates financial statement data by expressing each item in afinancial statement as a percent of a base amount.Ratio analysisexpresses the relationship among selected items of financialstatement data.Ⅴ. Problem Solving (38′)1. Analyze the effects of business transactions on the Accounting Equation. (2X5′=10′)Transaction (1): paid a $6,500 premium on July 1 for one year’s insurance in advance.Transaction (2): bought office equipment from Brown Company on account $2,800.2. Prepare journal entries for the two transactions in No. 1 above-mentioned. (2X5′=10′)3. Samuel Co. Ltd issued a $15,000, 6%, 9-month note payable. How much is the interest payment at maturity?(Calculating process is required) (6′)4. Assume the financial position data of Sue Company consist of the following items: (2X6′=12′)Sue CompanyBalance Sheet (Partial)January 31, 2011Required: Calculate its current ratio and acid-test ratio. Calculating steps are needed.。
英语会计模拟考试题及答案
英语会计模拟考试题及答案一、选择题（每题2分，共20分）1. Which of the following is not a primary financial statement?A. Balance SheetB. Income StatementC. Cash Flow StatementD. Payroll ReportAnswer: D2. The process of measuring the value of a company's assets and liabilities is known as:A. ValuationB. ReconciliationC. DepreciationD. AmortizationAnswer: A3. What is the formula for calculating the Return on Investment (ROI)?A. (Net Income / Total Assets) * 100B. (Net Income / Total Equity) * 100C. (Return - Investment) / Investment * 100D. (Return / Investment) * 100Answer: D4. Which of the following is an example of a contingent liability?A. Accounts PayableB. Unearned RevenueC. Warranty ObligationsD. Notes PayableAnswer: C5. The accounting equation is:A. Assets = Liabilities + EquityB. Assets = Liabilities - EquityC. Assets - Liabilities = EquityD. Equity = Assets + LiabilitiesAnswer: A二、填空题（每空1分，共10分）6. The term "double-entry" in accounting refers to thepractice of recording each transaction in at least ________ accounts.Answer: two7. When a company pays off its debts, it is known as ________.Answer: debt reduction8. The accounting principle that requires companies to report revenues and expenses in the period in which they are earnedor incurred is called the ________.Answer: matching principle9. The process of estimating the useful life of an asset is known as ________.Answer: depreciation10. A budget is a financial plan that outlines a company's expected ________ and expenses for a specific period.Answer: revenues三、简答题（每题5分，共30分）11. Explain the difference between an asset and a liability.Answer: An asset is a resource controlled by a company as a result of past events and provides future economic benefits.A liability is an obligation or debt that arises from past events, which the company has little or no discretion to avoid, and involves the transfer of assets or services toother entities in the future.12. What is the purpose of an income statement?Answer: The purpose of an income statement is to summarize a company's revenues, gains, expenses, and lossesduring a specific period, providing information on the company's profitability.13. Describe the accounting cycle.Answer: The accounting cycle is a systematic process that includes identifying, recording, and summarizing business transactions. It starts with the analysis of transactions, journalizing, posting to ledger accounts, preparing an adjusted trial balance, closing entries, and finally, preparing financial statements.14. What is the purpose of a balance sheet?Answer: The purpose of a balance sheet is to provide a snapshot of a company's financial position at a specific point in time, showing the company's assets, liabilities, and equity.15. Explain the concept of depreciation.Answer: Depreciation is the systematic allocation of the cost of a tangible asset over its useful life. It is a non-cash expense that reflects the consumption of the asset's economic benefits over time.四、计算题（每题10分，共40分）16. Calculate the depreciation expense for a machine that costs $100,000 with a useful life of 5 years and no residual value using the straight-line method.Answer: Depreciation Expense = (Cost - Residual Value) / Useful Life = ($100,000 - $0) / 5 = $20,000 per year.17. If a company has revenues of $500,000 and expenses of $300,000, what is the net income?Answer: Net Income = Revenues - Expenses = $500,000 - $300,000 = $200,000.18. A company has total assets of $1,200,000 and total liabilities of $600,000. What is the equity?Answer: Equity = Total Assets - Total Liabilities = $1,200,000 - $600,000 = $600,000.19. Calculate the return on investment (ROI) for an investment of $50,000 that returns $10,000.Answer: ROI = (Return / Investment) * 100 = ($10,000 / $50,000) * 100。
会计英语的考试题目及答案
会计英语的考试题目及答案会计英语考试题目及答案一、选择题（每题2分，共20分）1. What is the term used to describe the process of recording financial transactions in a company's books?A. BudgetingB. AccountingC. AuditingD. Forecasting答案：B2. Which of the following is not a type of financial statement?A. Balance SheetB. Income StatementC. Cash Flow StatementD. Sales Report答案：D3. The process of ensuring that the financial records are accurate and complete is known as:A. BookkeepingB. AccountingC. AuditingD. Reporting答案：C4. What is the primary purpose of an income statement?A. To show the financial position of a company at a specific point in time.B. To show the changes in equity of a company over a period of time.C. To show the profitability of a company over a period of time.D. To show the cash inflows and outflows of a company over a period of time.答案：C5. Which of the following is not a principle of accounting?A. Accrual BasisB. ConsistencyC. MaterialityD. Fair Value答案：D6. The term "double-entry bookkeeping" refers to the practice of:A. Recording transactions twice in different accounts.B. Recording transactions in two different ways.C. Recording debits and credits for every transaction.D. Recording transactions in two different books.答案：C7. The accounting equation is:A. Assets = Liabilities + EquityB. Assets - Liabilities = EquityC. Liabilities - Equity = AssetsD. Equity - Assets = Liabilities答案：A8. What is the purpose of depreciation in accounting?A. To increase the value of an asset.B. To allocate the cost of a tangible asset over its useful life.C. To sell an asset.D. To calculate the profit of a company.答案：B9. Which of the following is a non-current liability?A. Accounts PayableB. Wages PayableC. Long-term DebtD. Taxes Payable答案：C10. The term "revenue recognition" refers to the process of:A. Recognizing expenses when they are paid.B. Recognizing revenues when they are earned.C. Recognizing assets when they are acquired.D. Recognizing liabilities when they are incurred.答案：B二、简答题（每题5分，共20分）1. Explain the difference between "cash basis" and "accrual basis" accounting.答案：Cash basis accounting records transactions when cash is received or paid, whereas accrual basis accounting records transactions when they are earned or incurred, regardless of the cash flow.2. What is the purpose of a balance sheet?答案：The purpose of a balance sheet is to present thefinancial position of a company at a specific point in time, showing what the company owns (assets), what it owes (liabilities), and the net worth of the company's owners (equity).3. Define "depreciation" in the context of accounting.答案：Depreciation is the systematic allocation of the costof a tangible asset over its useful life, reflecting the consumption of the asset's economic benefits over time.4. What is the importance of an audit in the financial reporting process?答案：An audit provides an independent assessment of the accuracy and completeness of a company's financial statements, enhancing their credibility and reliability for stakeholders.三、案例分析题（每题15分，共30分）1. Assume you are an accountant for a company that has just sold a product for $10,000 on credit. Prepare the journalentry for this transaction under both cash basis and accrual basis accounting.答案：Under cash basis, no journal entry is made until cashis received. Under accrual basis, the journal entry would be: Dr. Accounts Receivable $10,000Cr. Revenue $10,0002. A company has the following transactions in January: purchased office supplies for $500 in cash, received $2,000for services provided in December, and accrued $1,500 in wages for January. Prepare the adjusting entries for these transactions at the end of January.答案：The adjusting entries would be:Dr. Office Supplies Expense $500Cr. Office Supplies $500 (for cash purchase)Dr. Accounts Receivable $2,000Cr. Revenue $2,000 (for services provided in December)Dr. Wages Payable $1,500Cr. Wages Expense $1,500 (for accrued wages)四、论述题（每题15分，共30分）1. Discuss the role of ethics in accounting and provide examples of ethical dilemmas that an accountant might face. 答案。
会计英语试题及答案
会计英语试题及答案一、选择题（每题2分，共20分）1. What is the term for the systematic, periodic assessmentof the performance and financial position of a business?A. AuditingB. BudgetingC. Financial AnalysisD. Forecasting答案：C. Financial Analysis2. Which of the following is not a basic accounting principle?A. Accrual Basis AccountingB. ConsistencyC. Cash Basis AccountingD. Going Concern答案：C. Cash Basis Accounting3. The process of recording transactions in a journal isknown as:A. PostingB. JournalizingC. ClosingD. Adjusting答案：B. Journalizing4. What does the term "Double Entry" refer to in accounting?A. Recording transactions twiceB. Recording transactions in two different accountsC. Recording transactions in two different waysD. Recording transactions in two different periods答案：B. Recording transactions in two different accounts5. The financial statement that provides a snapshot of a company's financial condition at a specific point in time is:A. Income StatementB. Balance SheetC. Cash Flow StatementD. Statement of Changes in Equity答案：B. Balance Sheet二、填空题（每题2分，共20分）6. The __________ is the accounting equation that shows the relationship between assets, liabilities, and equity.答案：Accounting Equation7. In accounting, the term __________ refers to theallocation of the cost of a tangible asset over its useful life.答案：Depreciation8. The __________ is the process of summarizing the transactions recorded in the ledger accounts and presentingthem in a more condensed form.答案：Trial Balance9. __________ is the method of accounting where revenues and expenses are recognized when they are earned or incurred, not necessarily when cash is received or paid.答案：Accrual Accounting10. The __________ is the financial statement that shows the changes in a company's cash and cash equivalents during a period.答案：Cash Flow Statement三、简答题（每题10分，共30分）11. Explain the purpose of a balance sheet in a business context.答案：The purpose of a balance sheet is to provide stakeholders with a snapshot of a company's financialposition at a specific point in time. It lists the company's assets, liabilities, and equity, and is used to assess the company's liquidity, solvency, and overall financial health.12. What are the main differences between an income statement and a statement of cash flows?答案：The income statement reports a company's financial performance over a period, focusing on revenues and expenses to determine net income. The statement of cash flows, on the other hand, shows the inflows and outflows of cash during thesame period, highlighting how the company generates and uses cash.13. Describe the concept of "matching principle" in accounting.答案：The matching principle in accounting requires that expenses be recognized in the same accounting period as the revenues they helped generate. This principle ensures that the financial statements reflect the actual economic activity of the period, providing a more accurate picture of the company's financial performance.四、计算题（每题15分，共30分）14. Given the following trial balance figures, calculate the total current assets and total current liabilities.| Account | Debit ($) | Credit ($) ||||-|| Cash | 12,000 | || Accounts Receivable | | 8,000 || Inventory | | 15,000 || Prepaid Expenses | 2,000 | || Accounts Payable | | 5,000 || Wages Payable | 1,000 | || Total Current Liabilities | | 6,000 |答案：Total current assets = Cash + Accounts Receivable + Inventory + Prepaid Expenses = 12,000 + 8,000 + 15,000 +2,000 = 37,000Total current liabilities = Accounts Payable + Wages Payable + Total Current Liabilities = 5,000 + 1,000 + 6,000 = 12,00015. If a company has a net income of $50,000 and an increase in retained earnings of $75,000, calculate the dividends paid by the company.答案：Dividends paid = Increase in retained earnings - Net income = 75,000 -。
会计英语实训考试题及答案
会计英语实训考试题及答案一、选择题（每题2分，共20分）1. What is the basic accounting equation?A. Assets = Liabilities + EquityB. Revenue – Expenses = Net IncomeC. Assets = Liabilities – EquityD. Liabilities = Assets – Equity答案：A2. Which of the following is not an accounting principle?A. ConsistencyB. MaterialityC. TimelinessD. Flexibility答案：D3. What is the purpose of adjusting entries?A. To correct past errorsB. To update the financial records for the current periodC. To prepare for the next accounting periodD. To estimate future revenues答案：B4. What is the term for the process of recording transactions in the general journal?A. JournalizingB. PostingC. ClosingD. Adjusting答案：A5. Which of the following is a type of liability?A. Common stockB. Retained earningsC. Accounts payableD. Dividends payable答案：C6. What is the accounting term for the cost of goods sold?A. COGSB. CGSC. COSD. SGA答案：A7. What is the purpose of a trial balance?A. To summarize the financial statementsB. To prove the accuracy of the accounting recordsC. To calculate the net incomeD. To determine the value of assets答案：B8. What is the accounting term for the amount of money a company owes to its suppliers?A. Accounts receivableB. Accounts payableC. Notes payableD. Accrued liabilities答案：B9. What is the term for the process of transferring journal entries to the ledger accounts?A. JournalizingB. PostingC. ClosingD. Adjusting答案：B10. Which of the following is not a financial statement?A. Balance sheetB. Income statementC. Cash flow statementD. Budget答案：D二、简答题（每题10分，共30分）1. Explain the difference between revenue and income.答案：Revenue refers to the inflow of cash or other assets from normal business operations. Income, on the other hand,is the net result of revenues and gains minus the expensesand losses. It is a measure of profitability over a period of time.2. What are the steps involved in the accounting cycle?答案：The accounting cycle involves the following steps: 1) Identifying and recording transactions, 2) Journalizing, 3) Posting to the ledger accounts, 4) Preparing a trial balance, 5) Adjusting entries, 6) Posting adjustments, 7) Preparing an adjusted trial balance, 8) Closing entries, and 9) Preparing financial statements.3. What is the purpose of depreciation in accounting?答案：Depreciation is the systematic allocation of thecost of a tangible asset over its useful life. It is used to match the expense of using the asset with the revenue it generates over time, in accordance with the matchingprinciple.三、案例分析题（每题25分，共50分）1. Assume you are the accountant for a company that has just purchased a piece of equipment for $50,000. The equipment is expected to have a useful life of 5 years and no residual value. Calculate the annual depreciation expense using the straight-line method.答案：The annual depreciation expense using the straight-line method is calculated as follows:Cost of the equipment = $50,000Useful life = 5 yearsAnnual depreciation expense = (Cost of the equipment –Residual value) / Useful lifeAnnual depreciation expense = ($50,000 – $0) / 5 = $10,0002. A company has the following transactions for the month of January:- Purchased inventory on credit for $20,000.- Sold inventory on credit for $30,000.- Paid cash for office supplies of $1,000.- Received cash from customers for $25,000.- Paid cash for salaries of $15,000.Prepare the journal entries for these transactions.答案：a) Purchase of inventory on credit:Dr. Inventory $20,000Cr. Accounts Payable $20,000b) Sale of inventory on credit:Dr. Accounts Receivable $30,000Cr. Sales Revenue $30,000c) Payment for office supplies。
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《会计专业英语》模拟试题及答案一、单选题（每题1分，共 20分）1. Which of the following statements about accounting concepts or assumptions are correct? 1） The money measurement assumption is that items in accounts are initially measured at their historical cost.2）In order to achieve comparability it may sometimes be necessary to override the prudence concept.3） To facilitate comparisons between different entities it is helpful if accounting policies and changes in them are disclosed.4）To comply with the law, the legal form of a transaction must always be reflected in financial statements.A 1 and 3B 1 and 4C 3 onlyD 2 and 32.Johnny had receivables of $5 500 at the start of 2010. During the year to 31 Dec 2010he makes credit sales of $55 000 and receives cash of $46 500 from credit customers. What is the balance on the accounts receivables at 31 Dec 2010?A.$8 500 DrB.$8 500 CrC.$14 000 DrD.$14 000 Cr3.Should dividends paid appear on the face of a company’s cash flow statement?A. YesB. NoC. Not sureD. Either4.Which of the following inventory valuation methods is likely to lead to the highestfigure for closing inventory at a time when prices are dropping?A. Weighted Average costB. First in first out (FIFO)C. Last in first out (LIFO)D. Unit cost5. Which of following items may appear as non-current assets in a company’s the statement of financial position?(1) plant, equipment, and property(2) company car(3) €4000 cash(4) €1000 chequeA. (1), (3)B. (1), (2)C. (2), (3)D. (2), (4)6. Whi ch of the following items may appear as current liabilities in a company’s balance sheet?(1) investment in subsidiary(2) Loan matured within one year.(3) income tax accrued untill year end.(4) Preference dividend accruedA (1), (2) and (3)B (1), (2) and (4)C (1), (3) and (4)D (2), (3) and (4)7. The trial balance totals of Gamma at 30 September 2010 are:Debit $992,640Credit $1,026,480Which TWO of the following possible errors could, when corrected, cause the trial balance to agree?1. An item in the cash book $6,160 for payment of rent has not been entered in the rent payable account.2. The balance on the motor expenses account $27,680 has incorrectly been listed in the trial balance as a credit.3. $6,160 proceeds of sale of a motor vehicle has been posted to the debit of motor vehicles asset account.4. The balance of $21,520 on the rent receivable account has been omitted from the trial balance.A 1 and 2B 2 and 3C 2 and 4D 3 and 48. Theta prepares its financial statements for the year to 30 April each year. The company pays rent for its premises quarterly in advance on 1 January, 1 April, 1 July and 1 October each year. The annual rent was $84,000 per year until 30 June 2010. It was increased from that date to $96,000 per year. What rent expense and end of year prepayment should be included in the financial statements for the year ended 30 April 2010?Expense PrepaymentA $93,000 $8,000B $93,000 $16,000C $94,000 $8,000D $94,000 $16,0009. At 30 September 2010, the following balances existed in the records of Lambda:Plant and equipment: $860,000Depreciation for plant and equipment: $397,000During the year ended 30 September 2010, plant with a written down value of $37,000 was sold for $49,000. The plant had originally cost $80,000. Plant purchased during the year cost $180,000. It is the company.s policy to charge a full year depreciation in the year of acquisition of an asset and none in the year of sale, using a rate of 10% on the straight line basis. What net amount should appear in Lambda.s balance sheet at 30 September 2010 for plant and equipment?A $563,000B $467,000C $510,000D $606,00010. A company’s plant and machinery ledger account for the year ended 30 September 2010 was as follows:The company’s policy is to charge depreciation at 20% per year on the straight line basis, with proportionate depreciation in years of purchase and disposal. What is the depreciation charge for the year ended 30 September 2010?A $74,440B $84,040C $72,640D $76,84011. Listed below are some characteristics of financial information.(1) True(2) Prudence(3) Completeness(4) CorrectWhich of these characteristics contribute to reliability?A (1), (3) and (4) onlyB (1), (2) and (4) onlyC (1), (2) and (3) onlyD (2), (3) and (4) only12. The plant and machinery cost account of a company is shown below. The company’s policy is to charge depreciation at 20% on the straight line basis, with proportionate depreciation in years of acquisition and disposal.A. $67,000B. $64,200C. $70,000D. $68,60013. In preparing its financial statements for the current year, a company’s closi ng inventory was understated by $300,000. What will be the effect of this error if it remains uncorrected?A The current year’s profit will be overstated and next year’s profit will be understatedB The current year’s profit will be understated but there will be no effect on next year’s profitC The curr ent year’s profit will be understated and next year’s profit will be overstatedD The current year’s profit will be overstated but there will be no effect on next year’s profit.14. In preparing a company’s cash flow statement, which, if any, of the following items could form part of the calculation of cash flow from financing activities?(1) Proceeds of sale of premises(2) Dividends received(3) Issue of sharesA 1 onlyB 2 onlyC 3 onlyD None of them.15. At 31 March 2009 a company had oil in hand to be used for heating costing $8,200 and an unpaid heating oil bill for $3,600. At 31 March 2010 the heating oil in hand was $9,300 and there was an outstanding heating oil bill of $3,200. Payments made for heating oil during the year ended 31 March 2010 totalled $34,600. Based on these figures, what amount should appear in the company’s income statement for heating oil for the year?A $23,900B $36,100C $45,300D $33,10016. In times of inflation In times of rising prices, what effect does the use of the historical cost concept have on a company’s asset values and profit?A. Asset values and profit both undervaluedB. Asset values and profit both overvaluedC. Asset values undervalued and profit overvaluedD. Asset values overvalued and profit undervalued17. Beta purchased some plant and equipment on 01/07/2010 for $60,000. The estimated residual value of the plant in 10 years time is estimated to be $6,000. Beta’s policy is to charge depreciation on the straight line basis, with a proportionate charge in the period of acquisition. What should the depreciation charge for the plant be in Beta’s accou nting period of 18 months to 30/09/2010 ?A. $5400B. $900C. $1350D. $67518. A company’s income statement for the year ended 31 December 2005 showed a n et profit of $83,600. It was later found that $18,000 paid for the purchase of a motor van had been debited to the motor expenses account. It is the company’s policy to depreciate motor vans at 25 per cent per year on the straight line basis, with a full y ear’s cha rge in the year of acquisition. What would the net profit be after adjusting for this error?A.$97,100B.$70,100C.$106,100D.$101,60019. Which of the following statements are correct?(1) to be prudent, company charge depreciation annually on the fixed asset(2) substance over form means that the commercial effect of a transaction must always be shown in the financial statements even if this differs from legal form(3) in order to achieve the comparable, items should be treated in the same way year on yearA. 2 and 3 onlyB. All of themC. 1 and 2 onlyD. 3 only20. which of the following about accruals concept are correct?(1) all financial statements are based on the accruals concept(2) the underlying theory of accruals concept and matching concept are same(3) accruals concept deals with any figure that incurred in the period irrelevant with it’s paid or notA. 2 and 3 onlyB. All of themC. 1 and 2 onlyD. 3 only二、翻译题（共30分）1、将下列分录翻译成英文（每个2分，共10分）1.借：固定资产清理 30 000累计折旧 10 000贷：固定资产 40 0002.借：银行存款 10 500贷：交易性金融资产 10 000投资收益 5003．借：应付职工薪酬 1 000贷：库存现金 1 0004．借：银行存款 4 095贷：其他业务收入 3 500应交税费–应交增值税（销项税额） 5955．借：应付票据 40 000贷：银行存款 40 0002、将下列报表翻译成中文（每空1分，共20分）1.ABC group the statement of financial position as at 31/Dec/2010€2.Non-current assets3.Intangible assets4.Property, plant and equipment5.Investment in associates6.Held-for-maturity investment7.Deferred income tax assets8.Current Assets9.Trade and other receivables10.Derivative financial instruments11.Cash and cash equivalents12.Assets of discontinued operation13.Assets in total14.Current Liabilities15.Accrued payroll16.Accrued dividend17.Accrued accounts18.Non-current Liabilities19.Liabilities in total Assets三、阅读题（共30分）Research and development (R&D)Accounting treatment of R&DUnder International Accounting Standards the accounting for R&D is dealt with under IAS 38, Intangible Assets. IAS 38 states that an intangible asset is to be recognised if, and onlyif, the following criteria are met: it is probable that future economic benefits from the asset will flow to the entity, the cost of the asset can be reliably measured.The above recognition criteria look straightforward enough, but in reality it can prove to be very difficult to assess whether or not these have been met. In order to make this recognition of intangibles more clear, IAS 38 separates an R&D project into a research phase and a development phase.Research phaseIt is impossible to demonstrate whether or not a product or service at the research stage will generate any probable future economic benefit. As a result, IAS 38 states that all expenditure incurred at the research stage should be written off to the statement of comprehensive income as an expense when incurred, and will never be capitalised as an intangible asset.Development phaseUnder IAS 38, an intangible asset arising from development must be capitalised if an entity can demonstrate all of the following criteria: the technical feasibility of completing the intangible asset (so that it will be available for use or sale); intention to complete and use or sell the asset; ability to use or sell the asset; existence of a market or, if to be used internally, the usefulness of the asset; availability of adequate technical, financial, and other resources to complete the asset; the cost of the asset can be measured reliably. If any of the recognition criteria are not met then the expenditure must be charged to the income statement as incurred. Note that if the recognition criteria have been met, capitalisation must take place. Once development costs have been capitalised, the asset should be amortised in accordance with the accruals concept over its finite life. Amortisation must only begin when commercial production has commenced.Questions:1)Outline the criterias of recognition of intangible assets （5分）2)Criterias to recognised as development (5分)3)Identify the accounting treatment of research phase （10分）4)Identify the accounting treatment of development phase （10分）四、业务题（按要求用英文编制分录，每题2分，共20分）Johnny set up a business and in the first a few days of trading the following transactions occurred (ignore all the tax):1)He invests $80 000 of his money in his business bank account2)He then buys goods from Isabel, a supplier for $4 000 and pays by cheque, the goods isdelivered right after the payment3) A sale is made for $3 000 –the customer pays by cheque4)Johnny makes another sale for $2 000 and the customer promises to pay in the future5)He then buys goods from another supplier, Kamen, for $2 000 on credit, goods isdelivered on time6)He pays a telephone bill of $800 by cheque7)The credit customer pays the balance on his account8)He returened some faulty goods to his supplier Kamen, which worth $400.9)Bank interest of $70 is received10)A cheque customer returned $400 goods to him for a refund参考答案1、单选题1-5 CCACB 6-10 DCDCD 11-15 ABCDD 16-20 CBABA2、翻译题1）中翻英1.Dr disposal of fixed assetDepreciationCr fixed asset2. Dr BankCr Tradable financial assetInvestment income3．Dr accrued payrollCr cash4．Dr bankCr other operating revenueAccrued tax-V AT (output)5．Dr accrued notesCr bank2) 英翻中1.编制单位：ABC 资产负债表时间：2010年12月31日单位：欧元2.非流动资产3.无形资产4.固定资产5.长期股权投资6.持有至到期投资7.递延所得税资产8.流动资产9.应收账款及其他应收款10.货币资金11.非持续性经营资产12.资产总计13.负债14.流动负债15.应付职工薪酬16.应付股利17.应付账款18.非流动负债19.负债总计20.净资产3、阅读题1)Outline the criterias of recognition of intangible assets （5分）IAS 38 states that an intangible asset is to be recognised if, and only if, the following criteria are met: it is probable that future economic benefits from the asset will flow to the entity, the cost of the asset can be reliably measured.2)Criterias to recognised as developmentthe technical feasibility of completing the intangible asset (so that it will be available for use or sale); intention to complete and use or sell the asset; ability to use or sell the asset;existence of a market or, if to be used internally, the usefulness of the asset; availability of adequate technical, financial, and other resources to complete the asset; the cost of the asset can be measured reliably.3)Identify the accounting treatment of research phase （10分）IAS 38 states that all expenditure incurred at the research stage should be written off to the statement of comprehensive income as an expense when incurred, and will never be capitalised as an intangible asset.4)Identify the accounting treatment of development phase （10分）intangible asset arising from development must be capitalised Once development costs have been capitalised, the asset should be amortised in accordance with the accruals concept over its finite life. Amortisation must only begin when commercial production has commenced.4、业务题1)Dr bankCr capital2)Dr finished goodsCr bank3)Dr bankCr sales revenue4)Dr accounts receivableCr sales revenue5)Dr finished goodsCr accrued accounts6)Dr administrativeCr bank7)Dr bankCr accounts receivable8)Dr bankCr finished goods9)Dr bankCr financial expense10)Dr sales revenueCr bank。