会计专业英语复习文件汇编

1、会计专业英语复习资料一、短语中英互译会计分录投资活动后进先出法客观性原则注册会计师权责发生制累计折旧资产负债表经营决策10、银行存款11、到期日12、历史成本13、source document14、nominal rate15、credit sale16、sum-of-years-digits method17、economic entity assumption18、financial position19、fixed assets20、public hearing21、income statement22、sales discount23、value added tax24、trade

2、mark25、bank overdraft二、从下列选项中选出最佳答案Generally，revenue is recorded by a business enterprise at a point when ：( )Management decides it is appropriate to do soThe product is available for sale to consumersAn exchange has taken place and the earning process is virtually complete An order for merchandise

3、has been received 2、Why are certain costs capitalized when incurred and then depreciated or amortized over subsequent accounting periods？( )To reduce the income tax liabilityTo aid management in making business decisions To match the costs of production with revenue as earned To adhere to the accoun

4、ting concept of conservatism3、What accounting principle or concept justifies the use of accruals and deferrals？( )Going concern Materiality Consistency Stable monetary unit4、An accrued expense can best be described as an amount ( )Paid and currently matched with revenuePaid and not currently matched

5、 with revenueNot paid and not currently matched with revenueNot paid and currently matched with revenue5、Continuation of a business enterprise in the absence of contrary evidence is an example of the principle or concept of ( )Business entityConsistencyGoing concernSubstance over form6、In preparing

6、a bank reconciliation，the amount of checks outstanding would be：( )added to the bank balance according to the bank statement.deducted from the bank balance according to the bank statement.added to the cash balance according to the depositors records.deducted from the cash balance according to the de

7、positors records.7、Journal entries based on the bank reconciliation are required for：( )additions to the cash balance according to the depositors records.deductions from the cash balance according to the depositors records.Both A and BNeither A nor B8、A petty cash fund is ：( )used to pay relatively

8、small amounts。established by estimating the amount of cash needed for disbursements of relatively small amounts a specified period。reimbursed when the amount of money in the fund is reduced to predetermined minimum amount。all of the above。9、A corporation has two equity securities，which it holds as a

9、 temporary investment.If security A has a cost of $150，000 and a fair market value of $120,000,security B has a cost of $200,000 and a fair market value of $150,000, at what amount should these securities be reported in the current assets section of the corporations balance sheet? ( )A、$350,000 B、$3

10、20,000 C、$300,000 D、$270,00010、Under what caption would an investment in stock that is hold as a temporary investment be reported in the balance sheet？( )A、Current assets B、Plant assets C、Investments D、None of the above11、If the merchandise inventory at the end of the year is overstated by $7,500 th

11、e error will cause an :overstatement of cost of merchandise sold for the year by $7,500understatement of gross profit for the year by $7,500overstatement of net income for the year by $7,500understatement of net income for the year by $7,50012.The inventory system employing accounting records that c

12、ontinuously disclose the amount of inventory is called: ( )A.periodic B.perpetual C.physical D.retail13.The inventory costing method that is based on the assumption that costs should be charged against revenue in the order in which they were incurred is: ( )A.FIFO B.LIFO C.average cost D.perpetual i

13、nventory14.If merchandise inventory is being valued at cost and the price level is rising ,the method of costing that will yield the largest net income is : ( )A.FIFO B.LIFO C.average D.periodic15.If a firm purchases $100,000 of bonds of Xcompany at 101 plus accrued interest of $2,000 and pays broke

14、rs commissions of $50,the amount debited to Investment in X Company Bonds may be: ( )A.$100,000 B.$101,050 C.$103,000 D.none of the above16.The owners equity in a corporation is commonly called: ( )A.capital B.stockholders equity C.shareholders investment D.all of the above17.If a corporation reacqu

15、ires its own stock ,the stock is listed on the balance sheet in the : ( )current assets section B.long-term liabilities section C.stockholders equity section D.none of the above 18.Paid-in capital for a corporation may originate from which of the following sources? ( )Real estate donated to the corp

16、oration Redemption of the corporations own stockSale of the corporations treasury stockall of the above19.During its first year of operations,a corporation elected to use the straight-line method of depreciation for financial reporting purposes and the sum-of-the-years-digits method in determining t

17、axable income.If the income tax rate is 45% and the amount of depreciation expense is $60,000 under the straight-line method and $100,000 under the sum-of-the-years-digits method,what is the amount of income tax deferred to future years? ( )A.$18,000 B.$27,000 C. $45,000 D.none of the above20.An app

18、ropriation for plant expansion would be reported on the balance sheet in : ( )the plant assets section the long-term liabilities section the stockholdersequity section none of the above三.推断题,正确的写”T”.错误的写”F”1. Many people have chosen accounting as a profession because of its many disadvantages. ( )2.

19、Accounting may be specialists in one of many fields of expertise such as auditing, budgeting, taxation, or financial reporting. ( )3.The accounting equation is : Assets =Owners equity. ( )4.The accounting equation is: Assets = liabilities +Equities. ( )5.In accounting, the left side is called debit,

20、 abbreviated Cr , and the right side is called the credit, abbreviated Dr .( )6.The words to debit and to credit are the same. ( )7.In order to reflect the changes of the accounting objectives clearly, we should divide them into four kinds-Assets, liabilities, Owners equity and Loss, etc. ( )8.Most

21、business have many same accounts. ( )9.The recording voucher should be divided into three kindsthe receipt, payment and transfer voucher. ( )10.Vouchers of accounting is including the original voucher. ( )四、经济业务描述题On January 1, the owner of Anns Delivery Service Company, Ann Moe, invested $25,000 ca

22、sh to get the business started.On January 3, the business purchased office equipment on account for $1500.On January 5, office supplies are purchased for $450 cash.On January 10, the company paid $700 toward what was owed on a previous obligation.On January 12, delivery services were performed which

23、 resulted in delivery fees for $500, which will be paid in two weeks.On January 15, the business borrows $4,000 at the bank, giving a 30 day note.On January 17, the owner withdrew $200 cash for personal use.On January 20, delivery services are rendered for $2,500 cash.五、段落中英互译1.业主权益被定义为资产总额对负债总额的超出额，这一余额代表业主在企业中的权益的账面价值。公司的业主权益通常称为资本、股东权益、股东资产净值、股东投资。债务可分为流淌负债和长期负债。流淌负债是将在一年或一个会计期间后偿还的债务，而长期负债是在一年或一年以上多个会计期间后偿还的债务，通常是二三年或更长。Accounting is defined broadly as the process of recording，cl