会计与财务管理专业英语答案2023秋

第四章测试

1.Which statement best describes prepaid expenses? ( )
A:Amounts due to the entity from others.
B:Outflows of assets from providing products or services to customers.
C:Amounts received by the entity for services yet to be performed.
D:Amounts paid in advance for services the entity will receive in the future.

答案:D
2.If accrued salaries were not recorded on December 31, how would the account balances be affected? （ ）
A:Liabilities are overstated, equities are understated.
B:Assets are overstated, equities are understated.
C:Assets are understated, equities are overstated.
D:Liabilities are understated, equities are overstated.
3.On the worksheet, the debit column of the statement of profit or loss and comprehensive income shows a total of $76,300. The credit column total is $82,400. What is the net income or loss? （ ）
A:The loss of this business is $7,100.
B:The loss of this business is $6,100.
C:The net income of this business is $6,100.
D:The net income of this business is $7,100.
4.Peter Ali received $5,000 for some excavation work to be done when the weather permitted. Peter thought it would be at least three weeks before he could start the job. Which statement best describes how the transaction is recorded? （ ）
A:An asset is debited, and a liability is credited.
B:An asset is debited, and a revenue is credited.
C:A liability is debited, and an asset is credited.
D:A withdrawal is debited, and an asset is credited.
5.Which accounts will appear on the post-closing trial balance .( )
A:Unearned revenue, insurance expense, cash
B:Consulting revenue, prepaid rent expense, cash
C:Consulting revenue, insurance expense, cash
D:Unearned revenue, prepaid insurance expense, cash