知到智慧树 financial accounting（山东联盟） 章节测试答案

第一章 单元测试

1、单选题：
The equation for the Statement of Cash Flows is（ ）。
选项：
A:Net cash flow from (Operating Activities – Investing Activities – Financing Activities) + Beginning Cash balance = Ending Cash balance
B:Net cash flow from (Operating Activities – Investing Activities + Financing Activities) + Ending Cash balance = Beginning Cash balance
C:Net cash flow from (Operating Activities + or – Investing Activities + or–Financing Activities) + Beginning Cash balance = Ending Cash balance
D:Net cash flow from (Operating Activities + Investing Activities + Financing Activities) – Beginning Cash balance = Ending Cash balance
答案: 【Net cash flow from (Operating Activities + or – Investing Activities + or–Financing Activities) + Beginning Cash balance = Ending Cash balance】

2、单选题：
Which item is an asset?（ ）。
选项：
A:Accounts Payable
B:Notes Payable
C:Accounts Receivable
D:Long-Term Debt
答案: 【Accounts Receivable】

3、单选题：
If total liabilities decreased by $75,000 and total assets decreased by $90,000 during the same accounting time period, what happened to total owners’ equity during this period?（ ）。
选项：
A:$15,000 decrease
B:$15,000 increase
C:$90,000 decrease
D:$90,000 increase
答案: 【$15,000 decrease】

4、单选题：
Assuming an entity will continue to operate long enough to sell its inventories and convert any receivables to cash is（ ）。
选项：
A:Entity assumption.
B:Continuity (going-concern) assumption.
C:Stable-monetary-unit assumption.
D:Historical cost principle.
答案: 【Continuity (going-concern) assumption.】

5、单选题：
Which financial statement reports net income and dividends?（ ）。
选项：
A:Statement of Cash Flows
B:Statement of Retained Earnings
C:Income Statement
D:Balance Sheet
答案: 【Statement of Retained Earnings】

6、单选题：
The ______ states that assets should be recorded at their actual cost.（ ）。
选项：
A:Stable-monetary-unit assumption
B:Continuity (going-concern) assumption
C:Historical cost principle
D:Entity assumption
答案: 【Historical cost principle】

7、单选题：
Which financial statement reports revenues and expenses?（ ）。
选项：
A:Statement of Retained Earnings
B:Income Statement
C:Statement of Cash Flows
D:Balance Sheet
答案: 【Income Statement】

8、单选题：
Mr. Ronald Smith is the owner of a small business. He has decided to save money during his initial years of operation by not hiring a professional accountant. He makes inflation adjustments to accounting information to make it comparable over time. Which accounting principle, concept, or assumption does this violate?（ ）。
选项：
A:Stable-monetary-unit assumption
B:Historical cost principle
C:Entity assumption
D:Continuity (going-concern) assumption
答案: 【Stable-monetary-unit assumption】

9、单选题：

（ ）。
选项：
A:$278,000.00
B:$100,000.00
C:$338,000.00
D:$213,000.00
答案: 【$213,000.00】

10、单选题：

（ ）。
选项：
A:$127,000.00
B:$120,000.00
C:$150,000.00
D:$263,000.00
答案: 【$127,000.00】

第二章 单元测试

1、单选题：
The journal is:（ ）。
选项：
A:A chronological record of transactions.
B:Not necessary to record transactions.
C:A listing of all open accounts and their balances.
D:A listing of all accounts used to record the business transactions.
答案: 【A chronological record of transactions.】

2、单选题：
Which of the following accounts is decreased with a debit?（ ）。
选项：
A:Accounts Payable
B:Equipment
C:Cash
D:Payroll Expense
答案: 【Accounts Payable】

3、单选题：
Which of the following accounts is decreased with a credit?（ ）。
选项：
A:Rent Revenue
B:Service Revenue
C:Accounts Payable
D:Accounts Receivable
答案: 【Accounts Receivable】

4、单选题：
The XYZ Company received $1,000 for a customer on account. The entry to record this transaction is:（ ）。
选项：
A:

B:

C:

D:

答案: 【
】

5、单选题：
The ledger is:（ ）。
选项：
A:other three choices are not true.
B:A grouping of all T-accounts, with their balances.
C:Always expected to have a debit balance.
D:An event that has an economic impact on the business.
答案: 【A grouping of all T-accounts, with their balances.】

6、单选题：
A trial balance:（ ）。
选项：
A:Lists all accounts with their balances.
B:other three choices are not true.
C:Requires that every transaction affect at least two accounts.
D:Mandates that the dollar sum of the debits equal that of the credits for each transaction.
答案: 【Lists all accounts with their balances.】

7、单选题：
When a company sells merchandise, but the customer does not pay it immediately, it should:（ ）。
选项：
A:Credit Accounts Payable.
B:Make no entry.
C:Credit Accounts Receivable.
D:Debit Accounts Receivable.
答案: 【Debit Accounts Receivable.】

8、单选题：
An expense:（ ）。
选项：
A:Is the increase in stockholders’ equity as a result of providing goods or services.
B:Is the decrease in stockholders’ equity as a result of providing goods or services.
C:Has the same normal balance as liabilities.
D:Is the decrease in liabilities as a result of providing goods or services.
答案: 【Is the decrease in stockholders’ equity as a result of providing goods or services.】

9、单选题：
Each of the following is revenue except:（ ）。
选项：
A:Service Revenue
B:Sales Revenue
C:Legal Fees Earned
D:Dividends
答案: 【Dividends】

10、单选题：
In analyzing a transaction using the accounting equation, which account is included in the Stockholders’ Equity section?（ ）。
选项：
A:Accounts Receivable
B:Cash
C:Accounts Payable
D:Revenue
答案: 【Revenue】