会计专业英语模拟题开卷.docx

《会计专业英语》模拟题（补）

1．CompletethetranslationbetweenChineseandEnglish:
（1）salvagevalue
（2）depreciation
（3）ratioanalysis
（4）所有者权益
（5）fiscalyear
（6）uncollectibleaccounts
（7）doubleentrysystem
（8）pettycash
（9）流动资产
（10）grossprofit
（11）firstinfirstout
（12）资产负债表
（13）common-sizeanalysis
（14）corporations
（15）经济业务
（16）short-termdebt-payingability

2．Labelthefollowingaccountsasasset(A),liability(L),owner’sequity(OE),revenues(R)orexpense(E)
（1）OfficeSupplies
（2）ProfessionalFees
（3）PrepaidInsurance
（4）Salaryexpense
（5）AccountsPayable
（6）ServiceIncome
（7）R.L.Osborn,Capital
（8）RentExpense
（9）AccountsReceivable
（10）Notespayable

3.Answerthequestionrelatedtothetopicoftheconversation
WhyIsn’tTheAccountingAMirrorofWhatHappened?
John:Leanne,canyouexplainwhat’sgoingonherewiththesemonthlystatements?
Leanne:Sure,John.HowcanIhelpyou?
John:Idon’tunderstandthislast–in,first–outinventoryprocedure.Itjustdoesn’tmakesense.
Leanne:Well,whatitmeansisthatweassumethatthelastgoodswereceivearethefirstonessold.Sotheinventoryismadeupoftheitemswepurchasedfirst.
John:Yes,butthat’smyproblem.Itdoesn’tworkthatway!Wealwaysdistributetheoldestproducefirst.Someofthatproduceisperishable!Wecan’tkeepanyofitverylongorit’llspoil.
Leanne:John,youdon’tunderstand.Weonlyassumethattheproductswedistributearethelastonesreceived.Wedon’tactuallyhavetodistributethegoodsinthisway.
John:Ialwaysthoughtthataccountingwassupposedtoshowwhatreallyhappened.Itallsoundslike“makebelieve”tome!Whynotreportwhatreallyhappens?
Question:
HowwouldyourespondtoJohnifyouwereLeanne?

4.CaseyElectronics’endinginventoryconsistsof182ModelM43CDplayersacquiredthroughvariouspurchases,asfollows:
SpecificPurchaseNumberofUnitsCostperUnitTotalCost
Beginninginventory34$270$9180
Firstpurchase6028216,920
Secondpurchase25629876,288
Thirdpurchase16431251,168
Totalunitsavailable514$153,556
Ofthe514unitsavailableforsale,182unitsarestillonhandand332havebeensold.
Undertheperiodicinventorysystem,IfCaseyElectronicschoosesLIFOmethod,howshoulditcalculatethecostofthe182CDplayer