英语财务笔试题库及答案.docVIP

英语财务笔试题库及答案

一、单项选择题（总共10题，每题2分）

1.Whichofthefollowingisconsideredacurrentassetonabalancesheet?

A.Equipment

B.AccountsReceivable

C.Long-termInvestments

D.Building

Answer:B

2.Theprocessofevaluatingacompanysfinancialperformancebycomparingittoindustryaveragesorbenchmarksisknownas:

A.FinancialAnalysis

B.RatioAnalysis

C.TrendAnalysis

D.HorizontalAnalysis

Answer:B

3.Whatistheprimarypurposeoftheincomestatement?

A.Toshowthecompanysfinancialpositionataspecificpointintime

B.Toreportthecashinflowsandoutflowsduringaperiod

C.Tosummarizetherevenues,expenses,andprofitsorlossesoveraperiod

D.Todetailthecompanysassets,liabilities,andequity

Answer:C

4.Acompanysabilitytomeetitsshort-termobligationsisbestmeasuredby:

A.Debt-to-EquityRatio

B.CurrentRatio

C.ReturnonEquity

D.EarningsperShare

Answer:B

5.Theaccountingprinciplethatrequirestransactionstoberecordedintheperiodinwhichtheyoccur,regardlessofwhencashisexchanged,isknownas:

A.CashBasisAccounting

B.AccrualBasisAccounting

C.MatchingPrinciple

D.HistoricalCostPrinciple

Answer:B

6.Whatisthetermforthedifferencebetweenthemarketvalueofanassetanditsbookvalue?

A.Depreciation

B.Amortization

C.ImpairmentLoss

D.CapitalGain

Answer:C

7.Acompanyissues1,000sharesofcommonstockat$10pershare.Whatisthetotalamountofcashreceivedfromtheissuance?

A.$1,000

B.$10,000

C.$100,000

D.$1,000,000

Answer:B

8.Theprocessofallocatingthecostofanintangibleassetoveritsusefullifeisknownas:

A.Depreciation

B.Amortization

C.Depletion

D.Appreciation

Answer:B

9.Whatisthetermfortheratioofnetincometototalassets?

A.ProfitMargin

B.ReturnonAssets

C.ReturnonEquity

D.EarningsYield

Answer:B

10.Acomp