南開21春學期（1709、1803、1809、1903、1909、2003、2009、2103）《會計專業(yè)英語》在線作業(yè)1

1、南開 21 春學期（1709、1803、1809、1903、1909、2003、2009、2103）《會計專業(yè)英語》在線作業(yè) 11.If the two totals of a trial balance are not equal, it could be due toA.an error in determining the account balances, such as a balance being

2、incorrectly computed B.recording the same transaction more than once C.failure to record a transaction D.recording the same erroneous amount for both the debit and the credit parts of a transaction 【參考答案】: A2.Charact

3、eristics of a corporation include ( )A.shareholders who are mutual agents B.direct management by the shareholders (owners) C.its inability to own property D.shareholders who have limited liability 【參考答案】: D3.The term

4、 “inventory“ indicates （ ）A.merchandise held for sale in the normal course of business B.materials in the process of production or held for production C.supplies D.both A and B 【參考答案】: D4.A characteristic of a fixed

5、asset is that it is （ ）A.intangible B.used in the operations of a business C.held for sale in the ordinary course of the business D.none of the above 【參考答案】: B5.Using a perpetual inventory system, the entry to

6、 record the return from a customer of merchandise sold on account includes aA.credit to Sales Returns and Allowances B.debit to Merchandise Inventory B.cost of merchandise sold is overstated C.gross profit is un

7、derstated D.net income is understated 【參考答案】: A11.One of the main disadvantages of the corporate form is the( )A.professional management B.double taxation of dividends C.charter D.corporation must issue stock 【參考答案

8、】: B12.Expenses are reported on the( )A.income statement B.statement of owner's equity C.statement of cash flows D.balance sheet 【參考答案】: A13.Cash dividends are usually not paid on which of the following?A.class

9、B common stock B.preferred stock C.treasury stock D.class A common stock【參考答案】: C14.Revenue should be recognized when（ ）A.cash is received B.the service is performed C.the customer places an order D.the cust

10、omer charges an order 【參考答案】: B15.In which section of the balance sheet would Treasury Stock be reported?A.Fixed assets B.Long-term liabilities C.Stockholders' equity D.Intangible assets 【參考答案】: C16.How is treas