financial accounting智慧樹(shù)知到期末考試答案2024年_第1頁(yè)
financial accounting智慧樹(shù)知到期末考試答案2024年_第2頁(yè)
financial accounting智慧樹(shù)知到期末考試答案2024年_第3頁(yè)
financial accounting智慧樹(shù)知到期末考試答案2024年_第4頁(yè)
financial accounting智慧樹(shù)知到期末考試答案2024年_第5頁(yè)
已閱讀5頁(yè),還剩2頁(yè)未讀, 繼續(xù)免費(fèi)閱讀

下載本文檔

版權(quán)說(shuō)明:本文檔由用戶(hù)提供并上傳,收益歸屬內(nèi)容提供方,若內(nèi)容存在侵權(quán),請(qǐng)進(jìn)行舉報(bào)或認(rèn)領(lǐng)

文檔簡(jiǎn)介

financialaccounting智慧樹(shù)知到期末考試答案2024年financialaccountingTheerrorofposting$50as$500canbedetectedbydividingtheout-of-balanceamountby9.()

A:正確B:錯(cuò)誤答案:正確Duringaperiodofrisingprices,theinventorymethodthatwillyieldthehighestnetincomeandassetvalueisFIFO.()

A:錯(cuò)誤B:正確答案:正確YouaretakingavacationtoGermanyandyoubuyEurosfor$1.65.Onyourreturn,youcashinyourunusedEurosfor$1.40.Duringyourvacation,theEuroroseagainstthedollar.()

A:錯(cuò)誤B:正確答案:錯(cuò)誤SalesRevenueiscurrentassets.()

A:錯(cuò)誤B:正確答案:錯(cuò)誤Professionalaccountantsareheldtoahighstandardofethicalconduct.()

A:正確B:錯(cuò)誤答案:正確Oneoftheinternalcontrol’sobjectiveismonitoring.()

A:錯(cuò)誤B:正確答案:錯(cuò)誤TheDiscountonBondsPayableaccountisacontraaccounttoBondsPayable.()

A:錯(cuò)B:對(duì)答案:對(duì)Cashpaidtopurchaseabuildingappearsonthestatementofcashflowsamongtheinvestingactivities.()

A:正確B:錯(cuò)誤答案:正確Internalcontrolproceduresincludeassignmentofresponsibilities,internalandexternalaudits,adequaterecords.()

A:錯(cuò)誤B:正確答案:正確Depreciationshouldnotberecordedinyearsinwhichthemarketvalueoftheassethasincreased.()

A:錯(cuò)誤B:正確答案:錯(cuò)誤Inabankreconciliation,anoutstandingcheckisdeductedfromthebankbalance.()

A:正確B:錯(cuò)誤答案:正確Thepurchaseoftreasurystockdecreasestotalassetsandincreasestotalstockholders'equity.()

A:錯(cuò)誤B:正確答案:錯(cuò)誤Whenabondissoldatadiscount,thecashreceivedislessthanthepresentvalueofthefuturecashflowsfromthebond,basedonthemarketrateofinterestonthedateofissue.()

A:錯(cuò)誤B:正確答案:錯(cuò)誤Creditsalesincreasereceivables.()

A:錯(cuò)誤B:正確答案:正確Acashbudgethelpscontrolcashbyhelpingtodeterminewhetheradditionalcashisavailableforinvestmentsornewfinancingisneeded.()

A:正確B:錯(cuò)誤答案:正確Thetrialbalanceisalistofallaccountswiththeirbalances.()

A:正確B:錯(cuò)誤答案:正確Stockholders'equityaccountisincreasedindebit.()

A:錯(cuò)誤B:正確答案:錯(cuò)誤Whencashreceivedoverthecounter,thecashdrawershouldopenonlywhenthesalesclerkentersanamountonthekeys.()

A:錯(cuò)誤B:正確答案:正確Thepaymentofthefaceamountofabondonitsmaturitydateisregardedasanoperatingactivity.()

A:錯(cuò)誤B:正確答案:錯(cuò)誤Recordingestimatedwarrantyexpenseintheyeartherelatedproductsaresoldbestfollowsexpenserecognition(matching)ofaccountingprinciple.()

A:錯(cuò)誤B:正確答案:正確Acopyright,atrademark,apatent,alloftheaboveareintangibleassets.()

A:錯(cuò)誤B:正確答案:正確Revenuesareincreasesinpaid-incapitalresultingfromtheownersinvestinginthebusiness.()

A:正確B:錯(cuò)誤答案:錯(cuò)誤Ondateofpayment,acashdividendbecomealegalliability.()

A:錯(cuò)誤B:正確答案:錯(cuò)誤Themainpurposeofthestatementofstockholders’equityistoreportreasonsforchangesintheequityaccounts.()

A:正確B:錯(cuò)誤答案:正確Anunsecuredbondisadebenturebond.()

A:正確B:錯(cuò)誤答案:正確Whichofthefollowingisthemostaccuratestatementregardingethicsasappliedtodecisionmakinginaccounting?()

A:Ethicshasnoplaceinaccounting,sinceaccountingdealspurelywithnumbers.B:Itisimpossibletolearnethicaldecisionmaking,sinceitisjustsomethingyoudecidetodoornottodo.C:Ethicsisbecominglessandlessimportantasafieldofstudyinbusiness.D:Ethicsinvolvesmakingdifficultchoicesunderpressureandshouldbekeptinmindinmakingeverydecision,includingthoseinvolvingaccounting.答案:Ethicsinvolvesmakingdifficultchoicesunderpressureandshouldbekeptinmindinmakingeverydecision,includingthoseinvolvingaccounting.BellCompanyhadcostofgoodssoldof$160,000.Thebeginningandendinginventorieswere$8,000and$23,000,respectively.Purchasesfortheperiodmusthavebeen()

A:$145,000B:$191,000C:$168,000D:$183,000E:$175,000答案:$175,000OnNovember1,BrownstoneApartmentsreceived$3,600fromatenantforfourmonths'rent.ThereceiptwascreditedtoUnearnedRentRevenue.WhatadjustingentryisneededonDecember31?()

A:RentRevenue900UnearnedRentRevenue900B:Cash900RentRevenue900C:UnearnedRentRevenue1,800RentRevenue1,800D:UnearnedRentRevenue900RentRevenue900答案:UnearnedRentRevenue1,800RentRevenue1,800TriggCorporationpurchasedtreasurystockin2021atapriceof$22pershareandresoldthetreasurystockin2022atapriceof$42pershare.WhatamountshouldTriggreportonitsincomestatementfor2022?()

A:$20gainpershareB:$22gainpershareC:$42gainpershareD:$0答案:$0Whichfinancialstatementcoversaperiodoftime?()

A:IncomestatementB:BalancesheetC:StatementofcashflowsD:BothIncomestatementandStatementofcashflows答案:BothIncomestatementandStatementofcashflowsThefllowingnormalbalancesappearontheadjustedtrialbalanceofAdamsCompany:Equipment.................................................................$90,000Accumulateddepreciation,equipment..........$12,000Depreciationexpense,equipment....................$3,000Thebookvalueoftheequipmentis()

A:$78,000B:$66,000C:$75,000D:$87,000答案:$78,000Purchasingalaptopcomputeronaccountwill()

A:increasetotalliabilities.B:selectotherthreechoicesall.C:havenoeffectonstockholders'equity.D:increasetotalassets.答案:selectotherthreechoicesall.Acompanypurchasedmineralassetscosting$832,000withestimatedresidualvalueof$68,800andholdingapproximately240,000tonsofore.Duringthefirstyear,54,000tonsareextractedandsold.Whatistheamountofdepletionforthefirstyear?()

A:$187,200B:$156,620C:CannotbedeterminedfromthedatagivenD:$171,720答案:$171,720OnOctober1,2021,FreedomCommunicationspurchasedanewpieceofequipmentthatcost$35,000.Theestimatedusefullifeisfiveyearsandestimatedresidualvalueis$8,000.AssumethatFreedomusesthestraight-linemethodofdepreciationandsellstheequipmentfor$22,400onOctober1,2025.Theresultoftheequipmentisagain(loss)of.()

A:$1,000.B:$9,000.C:$0D:-$4,600.答案:$9,000.Onthestatementofcashflows,activitiesthatcreatelong-termliabilitiesareusually()

A:noncashinvestingandfinancingactivitiesB:financingactivitiesC:investingactivitiesD:operatingactivities答案:financingactivitiesDuringtheyear,Aynsley,Inc.,has$280,000inrevenues,$145,000inexpenses,and$6,000individenddeclarationsandpayments.Aynsley,Inc.,had()

A:netincomeof$135,000.B:netincomeof$141,000.C:netlossof$135,000.D:netincomeof$129,000.答案:netincomeof$135,000.Eachofthefollowingisanexampleofacontrolprocedure,except()

A:separationofdutiesB:limitedaccesstoassetsC:asoundmarketingplanD:soundpersonnelprocedures答案:asoundmarketingplanTheentrytocloseManagementFeeRevenuewouldbewhichofthefollowing?()

A:ManagementFeeRevenuedoesnotneedtobeclosed.B:ManagementFeeRevenueRetainedEarningsC:ManagementFeeRevenueServiceRevenueD:RetainedEarningsManagementFeeRevenue答案:ManagementFeeRevenueRetainedEarningsOnOctober1,2021,FreedomCommunicationspurchasedanewpieceofequipmentthatcost$35,000.Theestimatedusefullifeisfiveyearsandestimatedresidualvalueis$8,000.Whatisthedepreciationexpensefor2021ifFreedomusesthestraight-linemethod?()

A:$7,000B:$1,350C:$1,750D:$5,400答案:$1,350Payingoffbondspayableisreportedonthestatementofcashflowsunder()

A:investingactivities.B:noncashinvestingandfinancingactivities.C:operatingactivities.D:financingactivities.答案:financingactivities.WilliamsInstrumentshadretainedearningsof$350,000atDecember31,2020.Netincomefor2021totaled$183,750,anddividendsdeclaredfor2021were$78,750.HowmuchretainedearningsshouldWilliamsreportatDecember31,2021?()

A:$35,000B:$533,750C:$455,000D:$10,000答案:$455,000Purchasingabuildingfor$95,000bypayingcashof$25,000andsigninganotepayablefor$70,000will()

A:decreasebothtotalassetsandtotalliabilitiesby$25,000.B:decreasetotalassetsandincreasetotalliabilitiesby$25,000.C:increasebothtotalassetsandtotalliabilitiesby$70,000.D:increasebothtotalassetsandtotalliabilitiesby$95,000.答案:increasebothtotalassetsandtotalliabilitiesby$70,000.PalaminoCompanyhadan$18,000beginninginventoryanda$21,000endinginventory.Netsaleswere200,000;purchases,$95,000;purchasereturnsandallowances,$6,000;andfreightin,$8,000.WhatisPalamino'sgrossprofitpercentage(roundedtothenearestpercentage)?()

A:53%B:47%C:9%D:11%答案:53%Thesaleofinventoryforcashisreportedonthestatementofcashflowsunder()

A:operatingactivities.B:investingactivities.C:noncashinvestingandfinancingactivities.D:financingactivities.答案:operatingactivities.Thejournalentrytorecordthereceiptoflandandabuildingandissuanceofcommonstock()

A:debitsCommonStockandcreditsLandandBuilding.B:debitsLand,Building,andCommonStock.C:debitsLandandcreditsCommonStock.D:debitsLandandBuildingandcreditsCommonStock.答案:debitsLandandBuildingandcreditsCommonStock.MightyCorporationholdscashof$8,000andowes$31,000onaccountspayable.Mightyhasaccountsreceivableof$47,000,inventoryof$28,000,andlandthatcost40,000.Howmuc

溫馨提示

  • 1. 本站所有資源如無(wú)特殊說(shuō)明,都需要本地電腦安裝OFFICE2007和PDF閱讀器。圖紙軟件為CAD,CAXA,PROE,UG,SolidWorks等.壓縮文件請(qǐng)下載最新的WinRAR軟件解壓。
  • 2. 本站的文檔不包含任何第三方提供的附件圖紙等,如果需要附件,請(qǐng)聯(lián)系上傳者。文件的所有權(quán)益歸上傳用戶(hù)所有。
  • 3. 本站RAR壓縮包中若帶圖紙,網(wǎng)頁(yè)內(nèi)容里面會(huì)有圖紙預(yù)覽,若沒(méi)有圖紙預(yù)覽就沒(méi)有圖紙。
  • 4. 未經(jīng)權(quán)益所有人同意不得將文件中的內(nèi)容挪作商業(yè)或盈利用途。
  • 5. 人人文庫(kù)網(wǎng)僅提供信息存儲(chǔ)空間,僅對(duì)用戶(hù)上傳內(nèi)容的表現(xiàn)方式做保護(hù)處理,對(duì)用戶(hù)上傳分享的文檔內(nèi)容本身不做任何修改或編輯,并不能對(duì)任何下載內(nèi)容負(fù)責(zé)。
  • 6. 下載文件中如有侵權(quán)或不適當(dāng)內(nèi)容,請(qǐng)與我們聯(lián)系,我們立即糾正。
  • 7. 本站不保證下載資源的準(zhǔn)確性、安全性和完整性, 同時(shí)也不承擔(dān)用戶(hù)因使用這些下載資源對(duì)自己和他人造成任何形式的傷害或損失。

最新文檔

評(píng)論

0/150

提交評(píng)論