最新会计英语期末试题

山东经济学院第学期期末试题

会计学原理（Accounting）试卷(1)

注意事项：所有的答案都必须写在答题纸上，答在试卷上一律无效

Ⅰ、Translate The Following Terms Into Chinese . (20 points).

1. entity concept

2.depreciation

3. double entry system

4.inventories

5. stable monetary unit

6.opening balance

7.current asset 8.financial report

9.prepaid expense 10.internal control

11.cash flow statement 12.cash basis

13.tangible fixed asset 14.managerial accounting

15. current liability 16.internal control

17.sales return and allowance 18.financial position

19.sole proprietorship 20.direct write-off method

Ⅱ、Translate The Following Sentences Into Chinese . (20points).

1. Accounting is often described as an information system. It is the system that measures business activities, processes into reports and communicates these findings to decision makers.

2. The primary users of financial information are investors and creditors. Secondary users include the public, government regulatory agencies, employees, customers, suppliers, industry groups, labor unions, other companies, and academic researchers.

3. There are two sources of assets. One is liabilities and the other is owner’s equity. Liabilities are obligations of an entity arising from past transactions or events, the settlement of which may result in the transfer or use of assets or services in the future.

4. Accounting elements are basic classification of accounting practices.

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They are essential units to present the financial position and operating result of an entity. In China, we have six groups of accounting elements. They are assets, liabilities, owner’s equity, revenue, expense and profit (income).

5. The general journal (or journal) is a book of original entry that links the

debits and credits of individual transactions by providing a complete record of each transaction in one place, in chronological order.

Ⅲ. Please find the best answers to the following questions. (20 Points)

1.Which of the following statement is false?

a.The partnership form of business organization protects the personal

assets of the owner from creditors of the business

b. A proprietorship has a single owner

c.Accounting is the information system that measures business activities,

processes that information into reports, and communicates the results to

decision makers.

d.The FASB determines how accounting is practiced in the United States

2.The principle or concept that holds that an entity will remain in operation for

the foreseeable future is the

a.going-concern concept

b.stable-monetary-unit concept

c.reliability principle

d.cost principle

3.Aftin Co. performs services on account when Aftin collects the account

receivable

a.assets increase

b.assets do not change

c.owner’s equity decreases

d.liabilities decrease

4. An income statement reports .

a. the assets, liabilities, and owner’s equity on a particular date

b. the change in the owner’s capital during the period

c. the cash receipt and cash payment during the period

d. the difference between revenues and expenses during the period

5. The following information about the assets and liabilities at the end of 20 x 1 and 20 x 2 is given below:

20 x 1 20 x 2

Assets $ 75,000 $ 90,000

Liabilities 36,000 45,000

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