financial accounting章节测试课后答案2024春

第十一章测试

1.In which section of the statement of cash flows would “payment of dividends” be reported?（ ）    
A:Investing activities     B:Investing activities、Operating activities  and Financing activities are all not true C:Financing activities     D:Operating activities    
答案:C
2.Purchases of long-term assets are reported in which section of the statement of cash flows?（ ）
A:Financing activities     B:Operating activities     C:select other three choices all D:Investing activities     3.The statement of cash flows provides information about:（ ）                
A:decisions made by a company's management.     B:a company's ability to pay interest and dividends. C:select other three choices all. D:a company's future cash flows.     4.Which of the following does not have an effect on cash?（ ）                
A:payment of a declared cash dividend.     B:issuance of long-term debt.     C:recording depletion expense.     D:other three choices are  not  right. 5.The MNO corporation purchased a large machine 7 years ago at a total cost of $500,000. The accumulated depreciation on this machine is $390,000. The corporation sold the machine at a $20,000 gain. What amount would be reported as cash proceeds from this sale?（ ）
A:$110,000 B:$90,000 C:$130,000 D:$20,000 6.The Webster Company had $800,000 of sales revenue. During the same accounting period the beginning and ending accounts receivable balance was $37,000 and $39,000, respectively. What amount of cash was collected from the customers during this period?（ ）
A:$839,000 B:$802,000 C:$798,000 D:$800,000 7.The statement of cash flows is designed to fulfill all the following purposes EXCEPT to:（ ）
A:assess the collectability of accounts receivable. B:evaluate management decisions. C:show the relationship of net income to changes in the company's cash. D:help predict future cash flows. 8.Which of the following items are not included in determining the cash payments (outflows) from financing activities? （ ）
A:Purchasing treasury stock B:Acquisition of plant assets C:Repaying a long-term note payable D:Retiring bonds payable 9.Which of the following is included in the calculation of cash receipts from investing activities?（ ）
A:Proceeds from the sale of treasury stock B:Purchase of plant assets C:Loaning money to another business D:Proceeds from the sale of long-term investments 10.Baier Corporation reports cost of goods sold of $88,000 and a decrease in inventory during the year of $5,000. All accounts payable relate to inventory purchases; accounts payable decreased by $2,400 during the year. How much cash did Baier pay for inventory during the year? （ ）
A:$95,400 B:$80,600 C:$85,400 D:$90,600