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{财务管理财务会计}财务
会计相关复习题英文版
《财务会计》复习题
Circletheletterofthebestresponse.
1 .Whichofthefollowingstatementsisfalse?
A . Accountingistheinformationsystemthatmeasuresbusinessactivities,processesthati
nformationintoreports,andmunicatestheresultstodecisionmakers.
B . Financialstatementsreportfinancialinformationaboutabusinessentitytodecisionmak
ers.
C . Ownersofacorporationarepersonallyliableforthedebtsofthecorporation.
D . Thepurposeoffinancialaccountingistoprovideinformationtopeopleoutsideoftheentity,s
uchasinvestorsandcreditors.
2 .Wilburownsandoperatesafishingtackleshop.Wilburneedstoborrowmoneytoexpand;ther
efore,hepreparedfinancialstatementstopresenttohisbanker.Wilburobtainedappraisalsofallth
eassetsofthebusinesstoensurethatthebalancesheetwouldreflectthemostcurrentvalueofthea
ssets.Wilburhasviolatedwhichofthefollowingprinciplesorconcepts?
A . Reliabilityprinciple
B . Costprinciple
C . Going-concernprinciple
D . Stable-monetary-unitconcept
3 .Whichofthefollowingistrue?
A . OwnersEquity -Assets =Liabilities
B . Assets -OwnersEquity =Liabilities
C . Assets +Liabilities=OwnersEquity
D . Liabilities=OwnersEquity +Assets
4 .G.HarrisonIncexperiencedadecreaseintotalassetsof$2,000duringthecurrentyear.During
thesameyear,totalliabilitiesdecreased$6,000.Ifdividendsfortheyearwere$10,000andtheown
ersmadenoadditionalinvestment,howmuchwasnetine?
A . $14,000
B . $6,000
C . $18,000
D . $2,000
5 .Whichofthefollowingstatementsistrue?
A . Theinestatementreportsallchangesinassets,liabilities,andstockholdersequityofthe
businessduringtheperiod.
B . Revenuesandexpensesarereportedonlyonthebalancesheet.
C . Thestatementofcashflowsreportscashflowsfromthreetypesofbusinessactivities——
cashreceipts,cashpayments,andinvesting.
D . Onthestatementofretainedearnings,thenetinefortheperiodisaddedtothebeginningb
alanceofretainedearnings.
6 .Whichofthefollowingstatementsi
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