會計與財務管理專業(yè)英語智慧樹知到答案章節(jié)測試2023年哈爾濱商業(yè)大學

緒論單元測試Basicaccountingaddressesintroductiontotheconceptsandprinciplesoftheaccountingprocess,thetechnicalandproceduralaspectsofpreparingexternalfinancialstatements.(）

A:對

B:錯

答案:ATheprimaryfunctionoffinancialaccountingistoprovideusefulfinancialinformationtoexternalusersofthebusinessenterprise.(）

A:錯

B:對

答案:B第一章測試Accountantsrefertoaneconomiceventasa（）.

A:purchase

B:changeinownership

C:sale

D:transaction

答案:DTheprocessofrecordingtransactionshasbecomemoreefficientbecause（）

A:morepeoplehavebeenhiredtorecordbusinesstransactions

B:computersareusedinprocessingbusinessevents

C:businesseventsarerecordedonlyattheendoftheyear

D:fewereventscanbequantifiedinfinancialterms

答案:BCommunicationofeconomiceventsisthepartoftheaccountingprocessthatinvolves（）.

A:recordingandclassifyinginformation

B:quantifyingtransactionsintodollarsandcents

C:preparingaccountingreports

D:identifyingeconomicevents

答案:CWhichofthefollowingeventscannotbequantifiedintodollarsandcentsandrecordedasanaccountingtransaction?（）

A:Thepurchaseofanewcomputer.

B:Thesaleofstoreequipment.

C:Paymentofincometaxes.

D:Theappointmentofanewaccountingfirmtoperformanaudit.

答案:DTheuseofcomputersinrecordingbusinessevents（）

A:hasgreatlyimpactedtheidentificationstageoftheaccountingprocess

B:doesnotusethesameprinciplesasmanualaccountingsystems

C:iseconomicalonlyforlargebusinesses

D:hasmadetherecordingprocessmoreefficient

答案:D第二章測試Abuildingisofferedforsaleat$500,000butiscurrentlyassessedat$400,000.Thepurchaserofthebuildingbelievesthebuildingisworth$475,000,butultimatelypurchasesthebuildingfor$450,000.Thepurchaserrecordsthebuildingat（）

A:$475,000

B:$50,000

C:$400,000

D:$450,000

答案:DIftheassetsofacompanyincreaseby$100,000duringtheyearanditsliabilitiesincreaseby$35,000duringthesameyear,thenthechangeinequityofthecompanyduringtheyearmusthavebeen:（）

A:anincreaseof$65,000

B:anincreaseof$135,000

C:adecreaseof$135,000

D:adecreaseof$65,000

答案:ANetincomewillresultduringatimeperiodwhen:（）

A:expensesexceedrevenues

B:assetsexceedliabilities

C:assetsexceedrevenues

D:revenuesexceedexpenses

答案:BPerformingservicesonaccountwillhavethefollowingeffectsonthecomponentsofthebasicaccountingequation:（）

A:increaseliabilitiesandincreaseequity

B:increaseassetsandincreaseequity

C:increaseassetsanddecreaseequity

D:increaseassetsandincreaseliabilities

答案:BWhichofthefollowingeventsisnotrecordedintheaccountingrecords?（）

A:Cashinvestmentismadeintothebusiness.

B:Acompanypaysacashdividend.

C:Equipmentispurchasedonaccount.

D:Anemployeeisterminated.

答案:D第三章測試Whichofthefollowingstatementsaboutnormalaccountbalancesisfalse?（）

A:Thenormalaccountbalanceforaliabilityisacreditbalance.

B:Thenormalaccountbalanceforanexpenseaccountisadebitbalance.

C:Thenormalaccountbalanceforarevenueaccountisadebitbalance.

D:Thenormalaccountbalanceforanassetaccountisadebitbalance.

答案:CWhatistheimpactofdebitentries?（）

A:Allofthesearetrue.

B:Increaseexpenses.

C:Increaseassets.

D:Decreaseliabilities.

答案:ATheinitialbookforrecordingalltransactionsisknownas.（）

A:worksheet

B:ledger

C:trialbalance

D:journal

答案:DTheprocessoftransferringinformationfromjournaltotheledgerisknownas.（）

A:preparingatrialbalance

B:journalizing

C:posting

D:preparingfinancialstatements

答案:CTheprocessofrecordingtransactionsinthejournalistermed.（）

A:adjustment

B:posting

C:journalizing

D:reversing

答案:C第四章測試Whichstatementbestdescribesprepaidexpenses?()

A:Amountsreceivedbytheentityforservicesyettobeperformed.

B:Outflowsofassetsfromprovidingproductsorservicestocustomers.

C:Amountsduetotheentityfromothers.

D:Amountspaidinadvanceforservicestheentitywillreceiveinthefuture.

答案:DIfaccruedsalarieswerenotrecordedonDecember31,howwouldtheaccountbalancesbeaffected?（）

A:Liabilitiesareoverstated,equitiesareunderstated.

B:Liabilitiesareunderstated,equitiesareoverstated.

C:Assetsareunderstated,equitiesareoverstated.

D:Assetsareoverstated,equitiesareunderstated.

答案:DOntheworksheet,thedebitcolumnofthestatementofprofitorlossandcomprehensiveincomeshowsatotalof$76,300.Thecreditcolumntotalis$82,400.Whatisthenetincomeorloss?（）

A:Thelossofthisbusinessis$6,100.

B:Thenetincomeofthisbusinessis$7,100.

C:Thenetincomeofthisbusinessis$6,100.

D:Thelossofthisbusinessis$7,100.

答案:CPeterAlireceived$5,000forsomeexcavationworktobedonewhentheweatherpermitted.Peterthoughtitwouldbeatleastthreeweeksbeforehecouldstartthejob.Whichstatementbestdescribeshowthetransactionisrecorded?（）

A:Anassetisdebited,andaliabilityiscredited.

B:Aliabilityisdebited,andanassetiscredited.

C:Awithdrawalisdebited,andanassetiscredited.

D:Anassetisdebited,andarevenueiscredited.

答案:BWhichaccountswillappearonthepost-closingtrialbalance.()

A:Unearnedrevenue,prepaidinsuranceexpense,cash

B:Consultingrevenue,insuranceexpense,cash

C:Unearnedrevenue,insuranceexpense,cash

D:Consultingrevenue,prepaidrentexpense,cash

答案:A第五章測試Thestatementthatshowsnetincomeforaperiodisknownasthestatementofcashflows.()

A:錯

B:對

答案:AThestatementthatshowsnetlossforaperiodisknownasthestatementofprofitorlossandothercomprehensiveincome.()

A:對

B:錯

答案:AThestatementofchangesinowners’equitycontainsassets,liabilitiesandcapital.()

A:對

B:錯

答案:BWhichitemisanendproductoftheaccountingprocess?（）

A:Ledger.

B:Journal.

C:Financialstatement.

D:Trialbalance.

答案:CWhichcomponentsareincludedinacompletesetoffinancialstatements?（）

A:Statementoffinancialposition;

B:Statementofchangesinowners’equity;

C:Statementofprofitorlossandothercomprehensiveincomes;

D:Statementofcashflows.

答案:ABCD第六章測試Acompanyhas$550,000innetsalesand$193,000ingrossprofit.Thismeansitscostofgoodssoldequals().

A:$743,000

B:$357,000

C:$550,000

D:$193,000

答案:BAcompanypurchased$4,500ofmerchandiseonMay1withtermsof2/10,n/30.OnMay8,itpaidthebalanceowedformerchandise,takinganydiscountitisentitledto.ThecashpaidonMay8is().

A:$4,200

B:$4,165

C:$4,410

D:$4,500

答案:BForeachstatementbelow,identifywhichstatementappliestotheperiodicinventorysystem.()

A:Achievebettercontrolovermerchandiseinventory.

B:Usebarcodestokeepup-to-the-minuterecordsofinventory.

C:Requireaphysicalcountofinventorytodeterminethequantitiesonhand.

D:Benormallyusedforrelativelyinexpensivegoods.

E:Keeparunningcomputerizedrecordofmerchandiseinventory.

答案:CDWhichofthefollowingstatementistrue?（）

A:Salesrevenue+Costofgoodssold=Grossprofit.

B:Salesrevenue+Grossprofit=Costofgoodssale.

C:Grossprofit?Costofgoodssold=Salesrevenue.

D:Grossprofit=Salesrevenue?Costofgoodssold.

答案:DWhentheperpetualinventorysystemisused,theinventorysoldisdebitedto（）.

A:merchandiseinventory

B:costofmerchandise

C:suppliesexpense

D:sales

答案:B第七章測試Cash,notincludingcashequivalents,includes.()

A:postagestampsB

B:two-yearcertificatesofdeposit

C:moneymarketfunds

D:coins,currencies,andcheckingaccounts

E:IOUs

答案:DTheentrynecessarytoestablishapettycashfundshouldinclude.()

A:adebittocashandacredittopettycash

B:adebittopettycashandacredittocash

C:adebittopettycashandacredittoaccountsreceivable

D:adebittocashandacredittocashoverandshort

E:adebittocashandacredittopettycashoverandshort

答案:BCashisthemostliquidassetandmostsubjecttotheftandfraud.()

A:錯

B:對

答案:BAfterpreparingabankreconciliation,adjustmentsmustbemadefortheitemsreconcilingthebankbalanceandtheitemsreconcilingthebookbalance.()

A:對

B:錯

答案:BAbankreconciliationexplainsanydifferencesbetweenthebalanceofacheckingaccountinthedepositor’srecordsandthebalancereportedinthebankstatement.()

A:錯

B:對

答案:B第八章測試Whenacustomerpurchasesmerchandiseinventoryfromabusinessorganization,hemaybegivenadiscount,whichisdesignedtoinducepromptpayment.Suchadiscountiscalledthe.()

A:cashdiscount

B:enhancementdiscount

C:nominaldiscount

D:tradediscount

答案:AAccountsreceivableinformationforspecificcustomersbecauseitreveals.()

A:alloftheabove

B:howmucheachcustomerhaspurchasedoncredit

C:thebasisforsendingbillstocustomers

D:howmucheachcustomerstillowes

E:howmucheachcustomerhaspaid

答案:ACompaniesusetwomethodstoaccountforuncollectibleaccounts:thedirectwrite-offmethodandtheallowancemethod.()

A:錯

B:對

答案:BUndertheallowancemethodofaccountingforuncollectibleaccountsreceivable,noattemptismadetoestimatethebaddebtexpense.()

A:對

B:錯

答案:BAcompanyhassalesof$350,000,andestimatesthat0.7%ofitssalesareuncollectible.Theestimatedamountofbaddebtexpenseis$2,450.()

A:對

B:錯

答案:A第九章測試Goodsintransitareincludedinapurchaser’sinventory.()

A:atanytimeduringtransit

B:ifthegoodsareshippedtoFOBdestination

C:whenthepurchaserisresponsibleforpayingfreightcharges

D:whenthesupplierisresponsibleforpayingfreightcharges

E:afterthehalf-waypointbetweenthebuyerandtheseller

答案:CPhysicalcountsofinventory.()

A:requiretheuseofhand-heldportablecomputers

B:arenecessarytomeasureandadjustforinventoryshrinkage

C:arenotnecessaryundertheperpetualinventorysystem

D:mustbetakenatleastonceamonth

E:arenotnecessaryunderthecost-to-benefitconstraint

答案:BIncidentalcostsoftenaddedtothecostsofinventoryincludeimportduties,freight,storage,andinsurance.()

A:對

B:錯

答案:AThecostflowassumptionadoptedmustbeconsistentwiththephysicalmovementofthegoods.()

A:對

B:錯

答案:BAnadvantageoftheweightedaverageinventorymethodisthatittendstosmoothouttheerraticchangesincosts.()

A:錯

B:對

答案:B第十章測試Theestimateofamounttoberecoveredattheendofanasset’susefullifeis.()

A:salvagevalue

B:cost

C:netvalue

D:depreciation

答案:AWhichofthefollowingisNOTacharacteristicoffixedasset?()

A:Theassetmustbeheldforuseandnotforinvestment.

B:Theassetmusthaveanexpectedlifeofmorethanoneyear.

C:Theassetcannotchangethephysicalsubstance.

D:Theassetmustbetangibleinnature.

答案:CDepreciationisaprocessofdeterminingthevalueofassets.()

A:錯

B:對

答案:AAnincreaseinrepairandmaintenancecostsandadecreaseinrevenue-producingabilityinthelateryearsofanasset’susefullifesuggestthatacceleratedmethodscanbettermatchrevenuesandexpenses.()

A:對

B:錯

答案:AThechoiceofdepreciationmethodsrequiresthatthedepreciationmethodusedreflectsthepatterninwhichtheasset’sfutureeconomicbenefitsareexpectedtobeconsumedbytheentity.()

A:對

B:錯

答案:A第十一章測試Grantedbythegovernment,conveyingtheexclusiverighttouseaproductorprocessforaperiodofcertainyearsis.()

A:copyright

B:trademark

C:franchiseandlicense

D:patent

答案:DIfpurchasedexternally,intangibleassetsshouldbeinitiallyrecordedattheir.()

A:bookvalue

B:historicalcost

C:amortizedcost

D:fairvalue

答案:BThemethodofamortizationshouldreflectthepatterninwhichtheeconomicbenefitsoftheintangibleassetsareconsumedorotherwiseusedup.()

A:錯

B:對

答案:BIntangibleassetswithalimitedusefullifesuchaspatentsareusuallyconvertedtoexpensesoveranumberofaccountingperiods.()

A:錯

B:對

答案:BGoodwillistheamountbywhichthepurchasepriceexceedsthefairvalueofthenetassets.()

A:錯

B:對

答案:B第十二章測試Amountsowedtoothersforgoods,suppliesandservicespurchasedonaccountare（）。

A:bondspayable

B:notespayable

C:cash

D:accountspayable

答案:DThedifferenceofbetweenabond’sparvalueanditslowerissuepriceoccurswhenthecontractrateislessthanthemarketrate.（）

A:themarketrate

B:thecarryingvalueofbonds

C:bonds

D:discountonbondspayable

答案:DLiabilitiesareprobablefuturesacrificesofeconomicbenefitsarisingfrompresentobligationsofaparticularentitytotransferassetsorprovideservicestootherentitiesinthefutureasaresultofpasttransactionsorevents.()

A:錯

B:對

答案:BInvestorswillbewillingtopaymorethantheparvalueforbondswhenthemarketrateofinterestishigherthanthecontractrateofinterest.()

A:錯

B:對

答案:AAccountspayableareamountsowedtoothersforgoods,suppliesandservicespurchasedonaccount.()

A:對

B:錯

答案:A第十三章測試WhichisNOTacharacteristicofpartnerships?（）

A:Mutualagency.

B:Co-ownershipofproperty.

C:Limitedlife.

D:Limitedliability.

答案:DWhichisthedisadvantageofcorporations?（）

A:Continuouslife.

B:Governmentregulations.

C:Separatelegalentities.

D:Transferableownershiprights.

答案:BTheworthofashareofstockscanbemeasuredatitsparvalue.()

A:對

B:錯

答案:BWhenastockisissuedatapricethatislessthanitsparvalue,thestockhasbeensoldatapremium.()

A:錯

B:對

答案:APreferredstocksaresuperiortocommonstockswithrespecttocorporations’assets,profitdistribution,etc.()

A:對

B:錯

答案:A第十四章測試Whichofthefollowingindicatorscanreflectthefullfinancialresultsofafirm?（）

A:Netprofit.

B:Totalprofit.

C:Profitfromprincipaloperations.

D:Operatingprofit.

答案:BWhichoftheoptionsisthemostimportantfactoraffectingthepriceoftheproducts?（）

A:Salestax.

B:Financialexpenses.

C:Salesprofit.

D:Productcost.

答案:DRevenuescanleadtoanincreaseintheowners’equity,andtherefore,theincreaseintheowners’equityshouldberecognizedastheincomeofafirm.()

A:對

B:錯

答案:BTheuseofthepercentagemethodofcompletioninlabortransactionsmustbemadeonlyiftheresultsoftheprovisionoflaborservicescanbereliablyestimated.()

A:對

B:錯

答案:AOfficeexpensescanberecognizedimmediately.()

A:錯

B:對

答案:A第十五章測試Howisaprepaymentclassifiedinthestatementoffinancialposition?（）

A:Currentassets.

B:Non-currentassets.

C:Non-currentliabilities

D:Currentliabilities.

答案:AWhichofthefollowingitemsdoesNOTbelongtolong-termdebts?（）

A:Bondspayable

B:Thedeferredincometax

C:Long-termpayables

D:Long-termborrowing

答案:BInthefollowingoptions,shouldbeaccountedasnon-operatingexpenses.（）

A:discharge

B:advertising

C:legalfees

D:damages

答案:DInthestatementofprofitorlossandothercomprehensiveincomes,theupperpartreflectstheoperatingactivities,thelowerpartreflectsthenon-businessactivities,andthecut-offpointistheprofitfortheyear.()

A:對

B:錯

答案:ATheoperatingprofitisanenterprise’sbusinessincomeandthedifferencebetweentheoperatingcostsandtaxes.Itincludesboththeprofitonsalesandotherbusinessprofits,andisbasedonthesumofthetwominusthemanagementexpensesandfinancialexpenses.()

A:錯

B:對

答案:B第十六章測試Whenweusetheindirectmethodtopreparethestatementofcashflows,theamortizationofgoodwillshouldbepresentedasa(n).（）

A:deductionfromnetincome

B:cashflowfromfinancingactivities

C:additiontonetincome

D:cashflowfrominvestingactivities

答案:CThemaininformationforpreparingthestatementofcashflowscomesfrom.（）

A:thecurrentincomestatement

B:someaccounts

C:thecomparativebalancesheet

D:alloftheabove

答案:DInChina,thecashreceiptsfrominterestanddividendsbelongto.（）

A:cashflowsfrominvestingactivities

B:cashflowsfromoperatingactivities

C:cashflowsfromotheractivities

D:cashflowsfromfinancingactivities

答案:AThemannerofpresentationofcashflowsamongoperating,investingandfinancingactivitiesdependsonthenatureoftheentity.()

A:錯

B:對

答案:AOperatingcashflowsandinvestmentflowscanberelatedtomatchingcashrecoveryfromoperationstoinvestment.()

A:對

B:錯

答案:A第十七章測試Makingfinancialdecisionsisanintegralpartofallformsandsizesofbusinessorganizationsfromsmallprivately-heldfirmstolargepublicly-tradedcorporations.（）

A:錯

B:對

答案:BThemaincontentsoffinancialmanagementinclude（）

A:profitdistribution.

B:workingcapital

C:themanagementofinvestment,

D:financing,

答案:ABCDInvestmentmeansthebehavioroffinancingmoneybyanenterpriseaccordingtotheneedsofacertainproject.（）

A:對

B:錯

答案:BCorporateinvestorscanbeabsorbedthrough（）

A:increasingcapitalwithretainedearnings

B:loan

C:issuingstocks

D:directinvestment

答案:ACDWorkingcapitalmanagementisthemanagementofand.()

A:noncurrentliabilities；currentassets

B:currentliabilities；currentassets

C:noncurrentassets；noncurrentliabilities

D:currentassets；currentliabilities

答案:D第十八章測試Thepresentvalueistheexactoppositeofthefuturevalue.()

A:錯

B:對

答案:BIndeterminingthepresentvalue,wewillusetheformula()

A:PV=FV(/,,)

B:FV=PV(/,,)

C:PVA=A(/,,)

D:FVA=A(/,,)

答案:AIndeterminingthepresentvalueofannuity,wewillusetheformula()

A:FV=PV(/,,)

B:PV=FV(/,,)

C:PVA=A(P/A,,)

D:FVA=A(/,,)

答案:CIndeterminingthefuturevalueofannuity,wewillusetheformula()

A:FVA=A(/A,,)

B:PV=FV(/,,)

C:FV=PV(/,,)

D:PVA=A(P/A,,)

答案:AItisimportantthatwedevelopthemathematicaltoolsforthetimevalueofmoneyasthefirststeptowardmakingcapitalallocationdecisions.()

A:錯

B:對

答案:B第十九章測試()isarateatwhichinterestispaidbyaborrower(debtor)fortheuseofmoneythatheorsheborrowedfromalender(creditor).

A:purerate

B:interestrate

C:inflationrate

D:exchangerate

答案:BBecauseitdoesnotincludetheeffectofcompounding,theAPRquoteistypicallymorethantheactualamountofinterestthatyouwillearn.()

A:錯

B:對

答案:AInterest-ratetargetisavitaltoolofmonetarypolicy,andistakenintoaccountwhendealingwithvariableslikeinvestment,inflationandunemployment.()

A:對

B:錯

答案:ATheinterestrateisoftenstatedasaneffectiveannualrate(EAR),whichindicatesthetotalamountofinterestthatwillbeearned()

A:attheendofonemonth.

B:attheendofoneday.

C:attheendofonehour.

D:attheendofoneyear.

答案:DBanksalsoquoteinterestratesintermsofanannualpercentagerate(APR),whichindicatestheamountofsimpleinterestearnedinoneyear,thatis,theamountofinterestearnedwiththeeffectofcompounding.()

A:錯

B:對

答案:A第二十章測試Generally,riskisdefinedasuncertaintyaboutreturnsderivedfrominvestinginafinancialasset.()

A:對

B:錯

答案:ATobespecificaboutthedefinitionofrisk,weusestatisticalmeasures()

A:對

B:錯

答案:AAwiderrangeofpossiblerealizedreturnsmeansthatastockisnotriskier.()

A:錯

B:對

答案:ATheriskofasingleinvestment(suchasastock)isdefinedas,().

A:therisk

B:thevariance.

C:thedata

D:thevalue

答案:BForagivenstandarddeviation,investorspreferhigherexpectedreturns,while,foragivenexpectedreturn,investorspreferlowerstandarddeviation.()

A:對

B:錯

答案:A第二十一章測試Thedebtratioisacompany’slong-termdebtsdividedbyitsnetassets.()

A:錯

B:對

答案:BQuickassetsofanenterprisegenerallyrefertothecurrentassetsminusunstableinventoriesandprepaidexpenses.()

A:對

B:錯

答案:AEPSisanimportantindicatorforinvestorstoanalyzetheprofitabilityofenterprises.IfthereisasignificantdeclineinEPSinaperiodcomparedwiththepreviousperiod,itmeansadeclineintheprofitabilityofenterprises.()

A:錯

B:對

答案:BDuetodifferentincomecalculationstandards,thecalculationmethodsofthereturnontotalassetsarealsodifferent.()

A:錯

B:對

答案:BThemainfunctionoftheasset-liabilityratioindexistorevealtheliquidityofallassetsofanenterprise.()

A:錯

B:對

答案:A第二十二章測試51Municipalbondsareissuedbycorporationsandlocalgovernments.()

A:對

B:錯

答案:BThefacevalueofabonddoesnotalwayscorrespondtotheactualmoneyraisedbecauseofunderwritingfeesandthepossibilitythatthebondmightnotactuallysellforitsfacevaluewhenitisofferedforsaleinitially.()

A:錯

B:對

答案:BCorporatebondsaresecuritiesissuedbycorporations.Theyaccountforasignificantamountofinvestedcapital.()

A:對

B:錯

答案:AAcashdiscountallowsareductioninpriceifthepaymentismadewithinaspecifiedtimeperiod.()

A:對

B:錯

答案:AInprovidingloansandotherservices,abankmayrequirethatbusinesscustomerseitherpayafeefortheserviceormaintaintheminimumaverageaccountbalance.()

A:對

B:錯

答案:A第二十三章測試Cashflowsfromdebtandequityfinancingtransactionsareakindof（）

A:investmentactivity

B:operatingactivity

C:securitytradingactivity

D:financingactivity

答案:DWhichofthefollowingstatementsaboutthecharacteristicsofdebtandequityistrue?()

A:Bothoftheminvolveaclaimontheissuers’income.

B:Bothofthemcanbelong-termfinancialinstruments.

C:Bothofthemenableacorporationtoraisefunds.

D:Alloftheabove.

答案:ABCDwhichcorporatestrategyESOPisoftenusedas?()

A:Securitytradingactivity.

B:Operatingstrategy.

C:Investmentstrategy.

D:Financingstrategy.

答案:DWhichisthebenefitofequityfinancing?()

A:Financingcostisarelativelyfixedexpense.

B:Interestonthefinancingisdeductible.

C:Thereisnoobligationtorepaythemoney.

D:Alloftheabove.

答案:CTheequityriskderivedfromafirm’scapitalstructurepolicyiscalled()

A:marketrisk

B:systematicrisk

C:financialrisk

D:businessrisk

答案:D第二十四章測試Capitalbudgetingistheprocessofevaluatingandselectingshort-terminvestmentsconsistentwithafirm’sgoalofownerwealthmaximization.()

A:錯

B:對

答案:ASunkcostsandfinancialcostsarebothirrelevantforprojectvaluation.()

A:錯

B:對

答案:ADepreciationisincorporatedincashflowsbecauseit.（）

A:involvesanoutflow

B:reducestaxliability

C:isacashflow

D:isunavoidablecost

答案:DWhichofthefollowingisarelevantcostincapitalbudgeting?（）

A:Sunkcost.

B:Financingcosts

C:Opportunitycost.

D:Allocatedoverheads.

答案:CDWhenconsideringacapitalbudgetingproject,theinvestorshouldconsider.（）

A:thetimingoftheproject’scashflows

B:theriskoftheproject’scashflows

C:thesunkcostoftheproject’scashflows

D:thesizeoftheproject’scashflows

答案:ABD第二十五章測試OneadvantageofthePPmethodisthatitprovidesaroughmeasureofaproject’sliquidityandrisk.()

A:對

B:錯

答案:ATheNPVmethodwillacceptaproject,iftheNPVisgreaterthanzero.()

A:錯

B:對

答案:BAsthecostofcapitalincreases,.（）

A:moreprojectsareaccepted

B:noneoftheabove

C:projectselectionremainsunchanged

D:fewerprojectsareaccepted

答案:DTheNPVofaprojectdependsupon.（）

A:themanager’stastesandpreferences

B:theproject’scashflowsandopportunitycostofcapital

C:NPVisverypopular

D:thecompany’schoiceofaccountingmethods

答案:ABThefollowingaremeasuresusedbyfirmswhenmakingcapitalbudgetingdecisionsinclude（）.

A:IRR

B:PP

C:P/Eratio

D:NPV

答案:ABD第二十六章測試Workingcapital,sometimescalledgrossworkingcapital,simplyreferstocurrentassetsusedinbusinessoperations.()

A:對

B:錯

答案:ACashandnear-cashassetsareusefulfortakingadvantageoffavorablebusinessopportunitiessuchasspecialoffersfromsuppliersorthechancetoacquireanotherfirm.()

A:錯

B:對

答案:BWhichoneofthefollowingwilldecreasetheoperatingcycle?（）

A:Payingaccountspayablefaster.

B:Decreasingtheinventoryturnoverrate.

C:Collectingaccountsreceivablefaster.

D:Discontinuingthediscountgivenforearlypaymentofaccountsreceivable.

答案:BWhichofthefollowingdoesdetermi