课程名称︰ 会计学甲一上
课程性质︰ 国企系必修
课程教师︰ 金成隆
开课学院： 管理学院
开课系所︰ 国企系
考试日期（年月日）︰
考试时限（分钟）： 180mins
试题 :
1. If prepaid expense are initially recorded in expense accounts and
have not all been used at the end of the accounting period, then
failure to make an adjusting entry will cause
a. assets to be understated.
b. assets to be overstated.
c. expense to be understated.
d. contra-expense to be overstated.
2. In recording an accounting transaction in a double-entry system
a. the number of debit accounts must equal the number of credit
accounts.
b. there must always be entries made on both sides of the accounting
equation.
c. the amount of the debits must equal the amount of the credits.
d. there must only be two accounts affected by any transaction.
3. The accounting process includes each of the following except
a. communication
b. convergence
c. identification
d. recording
4. A trial balance would only help in detecting which one of the
following errors?
a. A transaction that is not journalized.
b. A journal entry that is posted twice.
c. Offseting errors are made in recording the transaction.
d. A transposition error when transferring the debit side of the
journal entry to the ledger.
5. The usual sequence of steps in the transaction recording process is
a. journal -> analyze -> ledger.
b. analyze -> journal -> ledger.
c. journal -> ledger -> analyze.
d. ledger -> journal -> analyze.
6. A complete journal entry does not show
a. the date of the transaction.
b. the new balance in the accounts affected by the transaction.
c. a brief explanation of the transaction.
d. the accounts and amounts to be debited and credited.
7. Bread Basket provides baking supplies to restaurants and grocery
stores. On November 1, 2014, Bread Breakfast signed a $500,000,
6-month note payable. The note requires Bread Basket to pay interest
at an annual rate of 6%. Assuming Bread Basket makes the appropriate
adjusting entry, what is the impact on its December 31, 2014
statement of financial position?
a. An expense of $15,000.
b. An expense of $5,000.
c. A liability of $5,000.
d. An expense of $15,000 and a liability of $15,000.
8. The Roy's Downtown Diner received a bill of $400 from the Emeril
Advertising Agency. The owner, Roy James, is postponing payment of
the bill until a later date. The effect on specific items in the
basic accounting is
a. a decrease in Cash and an increase in Accounts Payable.
b. a decrease in Cash and an increase in Retained Earnings.
c. an increase in Accounts Payable and a decrease in Retained
Earnings.
d. a decrease in Accounts Payable and an increase in Retained
Earnings.
9. All of the financial statements are for a period of time except the
a. income statement.
b. retained earnings statement.
c. statement of financial position.
d. statement of cash flows.
10. Depreciation is the process of
a. valuing an asset at its fair value.
b. increasing the value of an asset over its useful life in a
rational and systematic manner.
c. allocating the cost of an asset to expense over its useful life
in a rational and systematic manner.
d. writing down an asset to its real value each accounting period.
11. If the retained earnings account increases from the beginning of
the year to the end of the year, then
a. net income is less than dividends.
b. net loss is less than dividends.
c. the company must have sold shares.
d. net income is greater than dividends.
12. Which of the following accounts is reported in the equity section
of the statement of financial position?
a. Dividends
b. Share capital-ordinary
c. Revenues
d. All of these answer choices are correct.
13. On January 2, 2014, National Credit and Cash purchasd a general
liability insurance policy for $4,800 for coverage for the calender
year. The entries $4,800 was charged to insurance Expense on
January 2, 2014. If the firm prepares monthly financial statements,
the proper adjusting entry on January 31, 2014 will be:
a. Insurance Expense