【正文】 專業(yè)英語習(xí)題一、單項選擇題1. Which of the following are reported in the stockholders’ equity section of the balance sheet? ( )a. revenues and expenses b. dividends and retained earningsc. mon stock and dividends d. mon stock and retained earnings2. Current assets are presented in the balance sheet in order of ( ) a. dollar amounts b. liquidity c. solvency d. the alphabet 3. Current liabilities include all of the following except ( )a. accrued wages payable b. advance received from customerc. current portion of longterm loan d. prepaid expenses 4. Credit terms of 2/10 n/30 indicate: ( ) a. a 2% discount if 10 items are purchasedb. no payment is required until the 31st day after the invoice datec. a 10% discount if 2 items are purchased.d. a 2% discount for amounts paid within 10 days of the invoice and the remaining balance due within 30 days5. Which statement regarding the inventory turnover ratio is Not True? ( ) a. The ratio measures the average rate of speed inventories move through and out of pany.b. Inventory turnover=Average Inventory 184。 COGS c. Inventory turnover figures vary considerably from industry to industry.d. A low inventory turnover can result from an overextended inventory position or from inadequate sales volume.6. Which statement regarding the liabilities and owners’ equity section of balance sheet is False? ( )a. Payment of Dividend Payable eliminates both the assets and the owners’ equityb. Liabilities are debts or obligations that must be discharged in money or services in the futurec. Owners’ equity is a residual claim to the remaining assets after discharge of debts.d. Balance sheet of corporations should separate Capital Stock and Retained Earnings.7. What is the difference between the quick and current ratio? ( ) a. The quick ratio deals with the pany’s ability to pay its liabilities whereas the current ratio does notb. The current ratio is a more stringent(嚴(yán)格的) test of liquidity than the quick ratio.c. The quick ratio excludes inventory, which the current ratio includes for calculation purposes.d. Management primarily uses the current ratio whereas investors and analysts are the primary users of the quick ratio.8. What of the following is Not an example of apportionment of recorded costs? ( ) a. Depreciation of fixed assetsb. Reallocation of receipts in advance.c. Expiration of insurance premium.d. Consume of supplies.9. For its most recent year, a corporation had beginning and ending accounts receivable balances of $50,000 and $60,000, respectively. The year39。s sales on account were $800,000. What was the amount of cash received from customers during the year? ( )a. $790,000b. $820,000c. $810,000d. $800,00010. Sales revenue $200,000, beginning inventory $30,000, inventory purchased $100,000 and inventory sold $90,000. It is true that ( ) a. goods available for sale (GAFS) equals $200,000b. gross profit equals $110,000c. ending inventory equals $30,000d. cost of goods sold (COGS) equals $40,00011. Users of financial information may be classified as internal or external. Which following statement is true regarding financial information users? ( ) a. External users evaluate the performance of a pany39。s management using management accounting reports.b. Financial accounting provides information to managers and external users, such as potential investors.c. Many laws require manage