南開21春學期《會計專業(yè)英語》在線作業(yè)1

1、南開 21 春學期《會計專業(yè)英語》在線作業(yè) 11.If the two totals of a trial balance are not equal, it could be due toA.an error in determining the account balances, such as a balance being incorrectly computed B.recording the sam

2、e transaction more than once C.failure to record a transaction D.recording the same erroneous amount for both the debit and the credit parts of a transaction 【參考答案】: A2.Characteristics of a corporation include ( )A.sh

3、areholders who are mutual agents B.direct management by the shareholders (owners) C.its inability to own property D.shareholders who have limited liability 【參考答案】: D3.The term “inventory“ indicates （ ）A.merchandise h

4、eld for sale in the normal course of business B.materials in the process of production or held for production C.supplies D.both A and B 【參考答案】: D4.A characteristic of a fixed asset is that it is （ ）A.intangible B.us

5、ed in the operations of a business C.held for sale in the ordinary course of the business D.none of the above 【參考答案】: B5.Using a perpetual inventory system, the entry to record the return from a customer

6、of merchandise sold on account includes aA.credit to Sales Returns and Allowances B.debit to Merchandise Inventory C.credit to Merchandise Inventory C.gross profit is understated D.net income is understated 【參考答案】:

7、A11.One of the main disadvantages of the corporate form is the( )A.professional management B.double taxation of dividends C.charter D.corporation must issue stock 【參考答案】: B12.Expenses are reported on the( )A.income s

8、tatement B.statement of owner's equity C.statement of cash flows D.balance sheet 【參考答案】: A13.Cash dividends are usually not paid on which of the following?A.class B common stock B.preferred stock C.treasury

9、 stock D.class A common stock【參考答案】: C14.Revenue should be recognized when（ ）A.cash is received B.the service is performed C.the customer places an order D.the customer charges an order 【參考答案】: B15.In which sect

10、ion of the balance sheet would Treasury Stock be reported?A.Fixed assets B.Long-term liabilities C.Stockholders' equity D.Intangible assets 【參考答案】: C16.How is treasury stock shown on the balance sheet?A.as an ass