免费查询 financial accounting（山东联盟）最新智慧树知到答案-亿搜题库

2078291 2023-02-28 00:00 32 ℃ 0 条

1、单选题：
The equation for the Statement of Cash Flows is（）。
选项：
A:Net cash flow from (Operating Activities + or - Investing Activities + or–Financing Activities) + Beginning Cash balance = Ending Cash balance
B:Net cash flow from (Operating Activities – Investing Activities + Financing Activities) + Ending Cash balance = Beginning Cash balance
C:Net cash flow from (Operating Activities – Investing Activities – Financing Activities) + Beginning Cash balance = Ending Cash balance
D:Net cash flow from (Operating Activities + Investing Activities + Financing Activities) – Beginning Cash balance = Ending Cash balance
答案: 【Net cash flow from (Operating Activities + or - Investing Activities + or–Financing Activities) + Beginning Cash balance = Ending Cash balance】

2、单选题：
Which item is an asset?（）。
选项：
A:Long-Term Debt
B:Accounts Payable
C:Notes Payable
D:Accounts Receivable
答案: 【Accounts Receivable】

3、单选题：
If total liabilities decreased by $75,000 and total assets decreased by $90,000 during the same accounting time period, what happened to total owners’ equity during this period?（）。
选项：
A:$90,000 decrease
B:$90,000 increase
C:$15,000 increase
D:$15,000 decrease
答案: 【$15,000 decrease】

4、单选题：
Assuming an entity will continue to operate long enough to sell its inventories and convert any receivables to cash is（）。
选项：
A:Entity assumption.
B:Continuity (going-concern) assumption.
C:Stable-monetary-unit assumption.
D:Historical cost principle.
答案: 【Continuity (going-concern) assumption.】

5、单选题：
Which financial statement reports net income and dividends?（）。
选项：
A:Income Statement
B:Statement of Cash Flows
C:Statement of Retained Earnings
D:Balance Sheet
答案: 【Statement of Retained Earnings】

6、单选题：
The ______ states that assets should be recorded at their actual cost.（）。
选项：
A:Entity assumption
B:Stable-monetary-unit assumption
C:Historical cost principle
D:Continuity (going-concern) assumption
答案: 【Historical cost principle】

7、单选题：
Which financial statement reports revenues and expenses?（）。
选项：
A:Statement of Retained Earnings
B:Income Statement
C:Statement of Cash Flows
D:Balance Sheet
答案: 【Income Statement】

8、单选题：
Mr. Ronald Smith is the owner of a small business. He has decided to save money during his initial years of operation by not hiring a professional accountant. He makes inflation adjustments to accounting information to make it comparable over time. Which accounting principle, concept, or assumption does this violate?（）。
选项：
A:Stable-monetary-unit assumption
B:Entity assumption
C:Continuity (going-concern) assumption
D:Historical cost principle
答案: 【Stable-monetary-unit assumption】

9、单选题：

（）。
选项：
A:$278,000.00
B:$213,000.00
C:$338,000.00
D:$100,000.00
答案: 【$213,000.00】

10、单选题：

（）。
选项：
A:$127,000.00
B:$120,000.00
C:$150,000.00
D:$263,000.00
答案: 【$127,000.00】

第二章单元测试

1、单选题：
The journal is:（）。
选项：
A:A listing of all accounts used to record the business transactions.
B:A chronological record of transactions.
C:A listing of all open accounts and their balances.
D:Not necessary to record transactions.
答案: 【A chronological record of transactions.】

2、单选题：
Which of the following accounts is decreased with a debit?（）。
选项：
A:Cash
B:Payroll Expense
C:Accounts Payable
D:Equipment
答案: 【Accounts Payable】

3、单选题：
Which of the following accounts is decreased with a credit?（）。
选项：
A:Rent Revenue
B:Accounts Receivable
C:Accounts Payable
D:Service Revenue
答案: 【Accounts Receivable】

4、单选题：
The XYZ Company received $1,000 for a customer on account. The entry to record this transaction is:（）。
选项：
A:

答案: 【
】

5、单选题：
The ledger is:（）。
选项：
A:Always expected to have a debit balance.
B:A grouping of all T-accounts, with their balances.
C:An event that has an economic impact on the business.
D:other three choices are not true.
答案: 【A grouping of all T-accounts, with their balances.】

6、单选题：
A trial balance:（）。
选项：
A:Lists all accounts with their balances.
B:other three choices are not true.
C:Mandates that the dollar sum of the debits equal that of the credits for each transaction.
D:Requires that every transaction affect at least two accounts.
答案: 【Lists all accounts with their balances.】

7、单选题：
When a company sells merchandise, but the customer does not pay it immediately, it should:（）。
选项：
A:Make no entry.
B:Credit Accounts Receivable.
C:Debit Accounts Receivable.
D:Credit Accounts Payable.
答案: 【Debit Accounts Receivable.】

8、单选题：
An expense:（）。
选项：
A:Has the same normal balance as liabilities.
B:Is the decrease in stockholders’ equity as a result of providing goods or services.
C:Is the decrease in liabilities as a result of providing goods or services.
D:Is the increase in stockholders’ equity as a result of providing goods or services.
答案: 【Is the decrease in stockholders’ equity as a result of providing goods or services.】

9、单选题：
Each of the following is revenue except:（）。
选项：
A:Dividends
B:Service Revenue
C:Sales Revenue
D:Legal Fees Earned
答案: 【Dividends】

10、单选题：
In analyzing a transaction using the accounting equation, which account is included in the Stockholders’ Equity section?（）。
选项：
A:Accounts Receivable
B:Revenue
C:Cash
D:Accounts Payable
答案: 【Revenue】

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免费查询 financial accounting（山东联盟） 最新智慧树知到答案-亿搜题库

第二章 单元测试

免费查询 financial accounting（山东联盟）最新智慧树知到答案-亿搜题库

第二章单元测试