1、對(duì)外經(jīng)濟(jì)貿(mào)易大學(xué)2001年考研會(huì)計(jì)專業(yè)英語(yǔ)試題2008-11-1918:51 頁(yè)面功能 【字體：大 中 小】【打印】【關(guān)閉】 1.Give a brief explanation for the following terms(10%）(1)Journal entry(2)Going concern(3)Matching principle(4)Working capital(5)Revenue expenditure2.Please read the following passage carefully and fill in each of the 11 blanks with a wo

2、rd most appropriate to the content (10%）(1)The double-entry system of accounting takes its name from the fact that every business transaction is recorded by (_)types of entries： 1： (_)entries to one or more accounts and2credit entries to one or more accounts. In recording any transaction,the total d

3、ollar amount of the (_)entries must (_)the total dollar amount of credit entries.(2)Often a transaction affects revenues or expenses of two or more different periods,in these cases，an (_)entries are needed to (_)to each period the appropriate amounts of revenues and expenses. These entries are perfo

4、rmed at the (_)of each accounting period but (_)to preparing the financial statements.(3)Marketable securities are highly (_)investments,primarily in share stocks and bounds，(_)can be sold (_)quoted market prices in organized securities exchanges.3.Translate the following Chinese statements into Eng

5、lish (18%）(1)財(cái)務(wù)報(bào)表反映一個(gè)企業(yè)的財(cái)務(wù)狀況和經(jīng)營(yíng)成果，是根據(jù)公認(rèn)會(huì)計(jì)準(zhǔn)則編制的。這些報(bào)表是為許多不同的決策者，許多不同的目的而提供的。納稅申報(bào)單則反映應(yīng)稅收益的計(jì)算，是由稅法和稅則規(guī)定的概念。在許多情況下，稅法和公認(rèn)會(huì)計(jì)準(zhǔn)則相似，但兩者卻存在實(shí)質(zhì)上的不同。(2)審計(jì)師不保證財(cái)務(wù)報(bào)表的準(zhǔn)確性，他們僅就財(cái)務(wù)報(bào)表的公允性發(fā)表專家意見(jiàn)。然而注冊(cè)會(huì)計(jì)師事務(wù)所的聲譽(yù)來(lái)自于他們對(duì)審計(jì)工作的一絲不茍和審計(jì)報(bào)告的可靠性。4.Translate the following statements into Chinese (12%）(1)Accounting principles are not li

6、ke physical laws； they do not exist in nature,awaiting discovery man. Rather,they are developed by man,in light of what we consider to be the most important objectives of financial reporting. In many ways generally accepted accounting principles are similar to the rules established for an organized

7、sport shuch as football or basketball.(2)Accounting have devised procedures whereby the flows of cash receipts and payments are spread over a period of time in a certain way to derive income,which is representative of the economic performance of the firm for the given period. The income concept as a

8、pplied in the real world involves numerous decisions and judgmenmts.5.Multiple choice questions (choose the best for your answer)(10%）(1)The CPA firm auditing XY Recording Service found that retained earning were understated and liabilities were overstated. Which of the following errors could have b

9、een the cause？A.Making the adjustment entry for depreciation expenses twice；B.Failure to recored interest accrued on a note payable；C.Failure to make the adjusting entry to recored revenue which had been earned but not yet billed to clients；D.Faillure to recored the earned portion of fees received i

10、n advance.(2)How will net income be affected by the amortization of a discount on bonds payable？A.Interest expense is increased,so net income is decreased；B.Interest expense is decreased,so net income is increased；C.Interest expense is increased,so net income is increased；D.Interest expense is decre

11、ased,so net income is decreased；(3)A stock dividendA.Increase the debt-to-equity ratio of a firm；B.Decrease future earnings per share；C.Decrease the size of the firm；D.Increase sharholders wealth；E.None of the above.(4)A company had sales in both 1999 and 2000 of $200000. Cost of sales for 1999 was

12、$140000. In computing the cost of sales for 1999,an item of inventory purchased in 1999 for $50 was incorrectly written down to current replacement cost of $35. The item is currently selling in 2000 for $100,its normal selling price. As a result of this error：A.Income for 1999 is overstated；B.Cost o

13、f sales for 2000 will be overstated；C.Income for 2000 will be overstated；D.Income for 2000 will not be affected.E.None of the above.(5Using the data presented below,calculate the cost of sales for the BC Company for 1999.Current ratio 3.5Quick ratio 3.0Current liabilities 12/31/1999 $600000Inventory

14、 12/31/1999 $500000Inventory turnover 8.0The cost of sales for the BC Company for 1999 was：A.$1600000；B.$2400000；C.$3200000；D.$6400000；E.None of these.(6)W Company computed the following items from its financial records for 1999：Price-earning ratio 12Pay-out ratio 0.6Assets turnover ratio 0.9The div

15、idend yield on Ws common stock for 1999 is ：A. 5% B. 7.2% C. 7.5% D. 10.2%(7)the data about Accounts receivable of Newton Company for 1999 as follows：Accounts receivable 12/31/1999 $150000Allowance for uncollectible accounts 12/31/1999 5000(credit）Bad debt expenses for the year 2000During 1999 recov

16、eries on bad debts previously written off were correctly recorded at $500. If the beginning balance in the allowance for uncollectible accounts was $4700,What was the amount of accounts receivable written off as bad debts during 1999：A. $1200 B. $1800 C. $2200 D. $2400(8)Which one of the following i

17、tems would likely increase earnings per share (EPS)of a corporation？A.Declaration of a stock dividend；B.Declaration of a stock split；C.Purchase treasury stock；D.A reduction in the amount of cash dividends paid；E.None of above；(9)The primary purpose for using an inventory flow assumption is to：A.Para

18、llel the physical flow of units merchandise；B.Offset against revenue an appropriate cost of goods sold；C.Minimize income taxes；D.Maximize the reported amount of net income.(10)Delta company sold a plant assets that originally had cost of $50000 for $22000 cash. If Delta company correctly reports a $

19、5000 gain on this sale. The accumulated depreciation on the asset at the date of sale must have been：A.$28000； B. $23000 C. $33000； D. $27000； E. Some other amount6.Bonds payable issue and recording interest expenses.(15%）The ABC Company sold $600000 of its 9.5%,12 years bonds on April 1,2000,at 106

20、. The semi-annual interest payment dates are April 1 and October 1. The effective interest rate is approximately 8.9%. The companys fiscal year ends December 31.Required：Prepare journal entries to record：(1)The issue of the bonds on April 1，2000(2)The first interest payment on October 1,2000(3)The A

21、mortization of premium or discount and interest expenses on December 31,2001.7.Statement of Cash Flows (14%）The net income of the ZY Company for 1999 was $260000. Additional data available relative to activities for the year are given below：A.Depreciation expenses for the year,$90000；B.Loss on sale

22、of machinery used in operations was $2400；C.Accounts receivable increased by $2000；D.Accounts payable increased by $8400；E.Patent amortization for the year was $14800；F.Amortization of premium on bonds payable for the year was $4600.RequiredPrepare the cash flows from operating activities section of

23、 a statement of cash flows under the indirect method.8.Determining Revenue and Capital Expenditures (11%）The controller for XYZ Co. Asks you to review the Repair and Maintenance Expenses account to determine if all of the charges are appropriate. The account contains many transactions totaling $2155

24、40. All of the transactions are considered material.Required：You examine three of the transactions. Indicate whether each transaction is properly charged to the reqair and maintenance account and,if not,indicate why not and to which account the transaction should be charged. The three transactions a

25、s follows：Item Date Amount Decription1 01/03/00 $10000 Two-year service contract on office equipment2 05/18/00 $38500 Sealing roof leaks over entire production plant3 10/20/00 $48500 Purchase a crane for the assembly departement答案1. (1)Journal entryA chronological record of transactions,showing for

26、each transaction the debits and credits to be entered in specific ledger accounts.(2)Going concernAn assumption that a business entity will continue in operation indefinitely and thus will carry out its existing commitments.(3)Matching principleThe revenue earned druing an accounting period is offse

27、t with the expenses incurred in generating this revenue.(4)Working capitalCurrent assets minus current liabilities(5)Revenue expenditureAny expenditure that will benefit only the current accounting period.2. 每空1分，其中兩個(gè)debit合計(jì)1分(1)(two） (debit） (debit） (equal）(2)(adjusting） (assign） (end） (prior）(3)(l

28、iquid） (that） (at）3.題一10分，第一小段6分，第二小段4分； 題二8分(1)Financial statements show the financial position of a business and the results of its operations,presented in conformity with generally accepted accounting principles. These statements are intended for use by many different decision makers,for many dif

29、ferent purposes.Tax returns show the computation of taxable income,legal concept by tax laws and regulations. In many cases,tax laws are similar to generally accepted accounting principles,but substantial differences do exist.(2)Auditors do not guarantee the accuracy of financial statements； they ex

30、press only their expert opinion as to the fairness of the statements. However,CPA firms stake their reputations on the thoroughness of their audits and the dependability of their audit reports.4.每小題6分，每小題包括三小句，每小句2分。(1)會(huì)計(jì)原則不象自然法則，從性質(zhì)上來(lái)說(shuō)不是等待人們?nèi)グl(fā)現(xiàn)，而是我們考慮財(cái)務(wù)報(bào)告的最重要目標(biāo)后據(jù)此由人制定的。在很多方面公認(rèn)會(huì)計(jì)準(zhǔn)則類似于為有組織的體育比賽，如足球或籃球比賽制定的比賽規(guī)則。(2)會(huì)計(jì)師制定了一些會(huì)計(jì)程序，據(jù)此將現(xiàn)金收支分配于一定期間，以某種方式確定出收益，該收益代表這個(gè)企業(yè)特定期間的經(jīng)濟(jì)成果。收益概念應(yīng)用于現(xiàn)實(shí)生活涉及許多的抉擇和判斷。5.每小題選對(duì)1分(1）C，(2）A，(3）B，(4）C，(5）C，(6）A，(7）C，(8）C，(9）B，(10）B6.(1）全對(duì)4分，(2）全對(duì)5分，(3）全對(duì)6分(1)Debit： cash 636000Credit： Bonds payable 600000Premium on bonds payable 36000(2)Debit： Interest