financial accounting章节测试课后答案2024春

第四章测试

1.Which of the following is not a component of internal control?（ ）。
A:Information system B:Comply with legal requirements C:Monitoring of controls D:Risk assessment
答案:B
2.Lapping is:（ ）。
A:misappropriation of assets B:both misappropriation of assets and a type of fraud C:a type of fraud D:fraudulent financial reporting 3.Which of the following is NOT an element of the fraud triangle?（ ）。
A:Opportunity B:Rationalization C:Ethics D:Motive 4.Which of the following is NOT a document used to control a bank account?（ ）。
A:Receipt B:Signature card C:Deposit ticket D:Check 5.The book side of a bank reconciliation will include which of the following?（ ）。
A:Bank errors B:Electronic funds transfers (EFT) C:Deposits in transit D:Outstanding checks 6.The Singletary Corporation had a beginning cash balance of $7,050 during the month of March. This company is expected to collect $4,500 from its outstanding accounts receivable. The projected cash sales for March are $9,000. The outstanding accounts payable balance is $10,000, of which 30% is to be paid during March. Operating expenses that are to be paid during March are projected to be $12,000. If preparing a cash budget for the month of March, what is the ending cash balance?（ ）。
A:11550 B:5550 C:-1450 D:1550 7.Use the following option to indicate where the items described in questions 7 would appear on the September bank reconciliation for the Johnson Company.Outstanding checks amount to $2,640 as of the end of September.（ ）。
A:Add to the book balance B:Deduct from the bank statement balance C:Does not appear on the bank reconciliation D:Deduct from the book balance E:Add to the bank statement balance 8.Use the following option to indicate where the items described in questions 8 would appear on the September bank reconciliation for the Johnson Company.The September bank statement reports $17 of interest earned.（ ）。
A:Does not appear on the bank reconciliation B:Add to the book balance C:Deduct from the bank statement balance D:Deduct from the book balance E:Add to the bank statement balance 9.Use the following option to indicate where the items described in questions 9 would appear on the September bank reconciliation for the Johnson Company.Deposits in transit total $5,600.（ ）。
A:Add to the bank statement balance B:Deduct from the book balance C:Add to the book balance D:Does not appear on the bank reconciliation E:Deduct from the bank statement balance 10.Use the following option to indicate where the items described in questions 10 would appear on the September bank reconciliation for the Johnson Company.An NSF check from a customer for $800 appears on the September bank statement.（ ）。
A:Add to the book balance B:Add to the bank statement balance C:Deduct from the bank statement balance D:Does not appear on the bank reconciliation E:Deduct from the book balance