会计与财务管理专业英语答案2023

第二十六章测试

1.Working capital, sometimes called gross working capital, simply refers to current assets used in business operations. ( )
A:对 B:错
答案:A
2.Cash and near-cash assets are useful for taking advantage of favorable business opportunities such as special offers from suppliers or the chance to acquire another firm. ( )
A:错 B:对 3.Which one of the following will decrease the operating cycle? （ ）
A:Paying accounts payable faster.
B:Decreasing the inventory turnover rate.
C:Collecting accounts receivable faster.
D:Discontinuing the discount given for early payment of accounts receivable.
4.Which of the following does determine the amount of credit offered by a supplier?（ ）
A:The number of purchases made by the buyer each year.
B:The ease with which the buyer can go elsewhere.
C:The credit terms that the supplier obtains from its own suppliers.
D:The supplier’s total risk exposure.
5.Which of the following statements concerning working capital management are correct?（ ）
A:Overtrading is also known as under-capitalisation.
B:An increase in the cash operating cycle will decrease the profitability.
C:Working capital should increase as sales increase.
D:Working capital management involves both making working capital policies and carrying out that policies in day-to-day operations.