2025最新财务报表题目及答案英语.docVIP

2025最新财务报表题目及答案英语

一、单项选择题（每题2分，共10题）

1.Accordingtotheaccrualbasisofaccounting,whichofthefollowingisrecognizedasrevenue?

A.Cashreceivedfromcustomers

B.Goodssoldoncredit

C.Cashcollectedfromacustomerforfutureservices

D.Expensespaidinadvance

Answer:B

2.Whatistheprimarypurposeofthebalancesheet?

A.Toshowthecashinflowsandoutflowsofacompany

B.Toreportthecompanysprofitabilityoveraperiod

C.Toprovideasnapshotofacompanysfinancialpositionataspecificpointintime

D.Todetailthecompanyscashmanagementstrategies

Answer:C

3.Whichofthefollowingisacurrentasset?

A.Property,plant,andequipment

B.Long-terminvestments

C.Accountsreceivable

D.Intangibleassets

Answer:C

4.Theprocessofrecordingfinancialtransactionsinajournalandthenpostingthemtotheledgerisknownas:

A.Financialanalysis

B.Double-entrybookkeeping

C.Budgeting

D.Auditing

Answer:B

5.Whatdoesthetermcontra-assetaccountreferto?

A.Anassetaccountthatincreaseswithadebit

B.Anassetaccountthatdecreaseswithacredit

C.Anassetaccountthatispairedwithanotherassetaccounttoreduceitsbalance

D.Anassetaccountthatisusedtorecorddepreciation

Answer:C

6.Whichfinancialstatementshowsthecompanysabilitytomeetitsshort-termobligations?

A.Incomestatement

B.Balancesheet

C.Cashflowstatement

D.Statementofretainedearnings

Answer:B

7.Theaccountingprinciplethatrequirescompaniestorecordtransactionsattheiroriginalcostisknownas:

A.Revenuerecognitionprinciple

B.Historicalcostprinciple

C.Matchingprinciple

D.Conservatismprinciple

Answer:B

8.Whatisthedifferencebetweengrossprofitandnetincome?

A.Grossprofitincludesalloperatingexpenses,whilenetincomedoesnot

B.Grossprofitexcludesalloperatingexpenses,whilenetincomeinclud