會計英文筆試題庫及答案

一、單項選擇題，(總共10題，每題2分)。1.Whichofthefollowingisacurrentasset?A.EquipmentB.AccountsreceivableC.Long-terminvestmentsD.BuildingsAnswer:B2.Theprocessofrecordingfinancialtransactionsinajournalisknownas:A.PostingB.AdjustingC.JournalizingD.ReconcilingAnswer:C3.Whatisthetermforthedifferencebetweenthecostofanassetanditsaccumulateddepreciation?A.BookvalueB.MarketvalueC.NetincomeD.GrossprofitAnswer:A4.Acompany'snetincomefortheperiodis$50,000.Ifthecompany'stotalliabilitiesare$200,000andtotalequityis$300,000,whatisthecompany'stotalassets?A.$250,000B.$350,000C.$500,000D.$550,000Answer:C5.Whichofthefollowingisacomponentofthecashflowstatement?A.OperatingactivitiesB.InvestingactivitiesC.FinancingactivitiesD.AlloftheaboveAnswer:D6.Theaccountingprinciplethatrequirestransactionstoberecordedintheperiodinwhichtheyoccurisknownas:A.ThematchingprincipleB.TherevenuerecognitionprincipleC.TheaccrualbasisofaccountingD.ThehistoricalcostprincipleAnswer:C7.Whatisthetermfortheprocessofverifyingtheaccuracyofacompany'sfinancialrecords?A.AuditingB.BudgetingC.ForecastingD.AppraisingAnswer:A8.Acompany'sinventoryturnoverratiois6timesperyear.Iftheaverageinventoryis$100,000,whatisthecostofgoodssoldfortheyear?A.$60,000B.$100,000C.$600,000D.$1,000,000Answer:C9.Theaccountingmethodthatrecordsrevenuewhenitisearnedandexpenseswhentheyareincurredisknownas:A.CashbasisaccountingB.AccrualbasisaccountingC.DeferredrevenueaccountingD.PrepaidexpenseaccountingAnswer:B10.Whatisthetermforthefinancialstatementthatshowsacompany'sfinancialpositionataspecificpointintime?A.IncomestatementB.BalancesheetC.CashflowstatementD.StatementofretainedearningsAnswer:B二、多項選擇題，(總共10題，每題2分)。1.Whichofthefollowingareexamplesofcurrentliabilities?A.AccountspayableB.BondspayableC.NotespayableD.AccruedexpensesAnswer:A,D2.Whatarethemaincomponentsofthefinancialstatements?A.IncomestatementB.BalancesheetC.CashflowstatementD.StatementofretainedearningsAnswer:A,B,C,D3.Whichofthefollowingaremethodsofdepreciation?A.Straight-linedepreciationB.DecliningbalancedepreciationC.Sum-of-the-years'-digitsdepreciationD.UnitsofproductiondepreciationAnswer:A,B,C,D4.Whatarethetypesoffinancialratiosusedinfinancialanalysis?A.LiquidityratiosB.SolvencyratiosC.ProfitabilityratiosD.EfficiencyratiosAnswer:A,B,C,D5.Whichofthefollowingareconsideredinternalcontrols?A.SegregationofdutiesB.PhysicalcontrolsC.IndependentchecksD.AuthorizationandapprovalAnswer:A,B,C,D6.Whatarethestepsintheaccountingcycle?A.IdentifyingtransactionsB.RecordingtransactionsC.PostingtotheledgerD.PreparingfinancialstatementsAnswer:A,B,C,D7.Whichofthefollowingaretypesofinventorycostingmethods?A.FIFO(First-In,First-Out)B.LIFO(Last-In,First-Out)C.WeightedaveragecostD.SpecificidentificationAnswer:A,B,C,D8.Whatarethecomponentsofthestatementofcashflows?A.OperatingactivitiesB.InvestingactivitiesC.FinancingactivitiesD.Non-cashinvestingandfinancingactivitiesAnswer:A,B,C,D9.Whichofthefollowingareexamplesofintangibleassets?A.PatentsB.TrademarksC.GoodwillD.CopyrightsAnswer:A,B,C,D10.Whatarethepurposesoffinancialreporting?A.ToprovideinformationtoinvestorsandcreditorsB.TocomplywithlegalandregulatoryrequirementsC.Toassistindecision-makingD.ToevaluatemanagementperformanceAnswer:A,B,C,D三、判斷題，(總共10題，每題2分)。1.Thebalancesheetshowsacompany'sfinancialpositionataspecificpointintime.Answer:True2.Theincomestatementreportsacompany'srevenuesandexpensesoveraperiodoftime.Answer:True3.Depreciationisanon-cashexpensethatreducesthebookvalueofanasset.Answer:True4.Thecashflowstatementshowshowacompany'scashpositionchangesoveraperiodoftime.Answer:True5.Accrualbasisaccountingrecordsrevenuewhenitisearnedandexpenseswhentheyareincurred.Answer:True6.Currentassetsareassetsthatcanbeconvertedintocashwithinoneyear.Answer:True7.Liabilitiesareobligationsofacompanythatitisrequiredtopayinthefuture.Answer:True8.TheaccountingequationisAssets=Liabilities+Equity.Answer:True9.Financialratiosareusedtoanalyzeacompany'sfinancialperformanceandposition.Answer:True10.Internalcontrolsareproceduresandpoliciesdesignedtosafeguardacompany'sassetsandensurethereliabilityofitsfinancialreporting.Answer:True四、簡答題，(總共4題，每題5分)。1.Whatisthedifferencebetweenthecashbasisandaccrualbasisofaccounting?Thecashbasisofaccountingrecordsrevenueandexpensesonlywhencashisreceivedorpaid.Incontrast,theaccrualbasisofaccountingrecordsrevenuewhenitisearnedandexpenseswhentheyareincurred,regardlessofwhencashisexchanged.Theaccrualbasisprovidesamoreaccuratepictureofacompany'sfinancialperformanceandposition.2.Whatarethethreemaintypesoffinancialstatements?Thethreemaintypesoffinancialstatementsaretheincomestatement,thebalancesheet,andthecashflowstatement.Theincomestatementreportsacompany'srevenuesandexpensesoveraperiodoftime,thebalancesheetshowsacompany'sfinancialpositionataspecificpointintime,andthecashflowstatementillustrateshowacompany'scashpositionchangesoveraperiodoftime.3.Whatisthepurposeofdepreciation?Thepurposeofdepreciationistoallocatethecostofatangibleassetoveritsusefullife.Itallowsacompanytorecognizetheexpenseofusingtheassetovertimeratherthanallatonce.Depreciationhelpsinmatchingtherevenuegeneratedbytheassetwiththeexpenseincurredinusingit,providingamoreaccuraterepresentationofacompany'sfinancialperformance.4.Whatareinternalcontrols,andwhyaretheyimportant?Internalcontrolsareproceduresandpoliciesimplementedbyacompanytosafeguarditsassets,ensurethereliabilityofitsfinancialreporting,andpromoteoperationalefficiency.Theyareimportantbecausetheyhelppreventfraudanderrors,ensurecompliancewithlawsandregulations,andprovideassurancetostakeholdersthatthecompany'sfinancialinformationisaccurateandreliable.五、討論題，(總共4題，每題5分)。1.Discusstheimportanceoffinancialratiosinfinancialanalysis.Financialratiosarecrucialtoolsinfinancialanalysisastheyprovideastandardizedwaytoevaluateacompany'sfinancialperformanceandposition.Theyhelpincomparingacompany'sperformanceovertime,industrybenchmarks,andcompetitors.Liquidityratiosassessacompany'sabilitytomeetshort-termobligations,solvencyratiosevaluatelong-termfinancialstability,profitabilityratiosmeasurethecompany'sabilitytogenerateearnings,andefficiencyratiosindicatehoweffectivelythecompanyutilizesitsassets.Financialratiosprovidevaluableinsightsintoacompany'sfinancialhealthandhelpstakeholdersmakeinformeddecisions.2.Explaintheconceptofthematchingprincipleinaccounting.Thematchingprincipleisafundamentalaccountingconceptthatrequirescompaniestorecordexpensesinthesameperiodastherevenuestheyhelpgenerate.Itensuresthattheincomestatementaccuratelyreflectsthecompany'sprofitabilitybymatchingthecostsincurredtogeneraterevenue.Forexample,ifacompanyprovidesservicesinDecemberbutdoesnotreceivepaymentuntilJanuary,therevenueisstillrecognizedinDecember,andthecorrespondingexpenseisrecordedinthesameperiod.Thematchingprincipleprovidesamoreaccuraterepresentationofacompany'sfinancialperformanceandhelpsinmakinginformedbusinessdecisions.3.Discusstheroleofthecashflowstatementinfinancialanalysis.Thecashflowstatementplaysavitalroleinfinancialanalysisasitprovidesinsightsintoacompany'scashinflowsandoutflowsfromoperating,investing,andfinancingactivities.Ithelpsassessacompany'sabilitytogeneratecash,meetitsshort-termobligations,andinvestingrowthopportunities.Byanalyzingthecashflowstatement,s