大学MOOC 会计英语(怀化学院)1450959176 最新慕课完整章节测试答案

Introduction to company accounting

1、单选题：
​The issued share capital of Alpha, a limited liability company, is as follows:‏​                                                                      $‏​    Ordinary shares of 10c each                                    1,000,000‏​    8% Redeemable preference shares of 50c each                      500,000‏​In the year ended 31 October 20X2, the company has paid the preference dividend for the year and an interim dividend of 2c per share on the ordinary shares. A final ordinary dividend of 3c per share was proposed, before the reporting date.‏​What would be recognised for dividends in the equity section of the statement of financial position at 31 October 20X2?‏
选项：
A: $580,000
B: $90,000
C: $130,000
D: $200,000 
答案: 【 $200,000 】

2、单选题：
‏When a company makes a rights issue of equity shares which of the following effects will the issue have?‌‏1  Assets are increased‌‏2  Retained earnings are reduced‌‏3  Share premium account is reduced‌‏4  Investments are increased‌
选项：
A: 1 only
B: 1 and 2
C: 3 only
D: 1 and 4
答案: 【 1 only】

The context and purpose of financial reporting

1、单选题：
‍Which groups of people are most likely to be interested in the financial statements of a sole trader?​‍1. Shareholders of the company​‍2. The business's bank manager​‍3. The tax authorities​‍4. Financial analysts​
选项：
A: 1 and 2 only
B: 2 and 3 only
C: 2, 3 and 4 only
D: 1, 2 and 3 only
答案: 【 2 and 3 only】

2、单选题：
‎Which of the following are advantages of trading as a limited liability company?​‎1  Operating as a limited liability company makes raising finance easier because additional shares can be issued to raise additional cash.​‎2  Operating as a limited liability company is more risky than operating as a sole trader because the shareholders of a business are liable for all the debts of the business whereas the sole trader is only liable for the debts up to the amount he has invested.​‎​
选项：
A: 1 only
B: 2 only
C: Both 1 and 2
D: Neither 1 or 2
答案: 【 1 only】

3、单选题：
‌Which of the following are TRUE of partnerships?‌‌1       The partners’ individual exposure to debt is limited.‌‌2       Financial statements for the partnership by law must be produced and made public.‌‌3       A partnership is not a separate legal entity from the partners themselves.‌‌‌
选项：
A: 1 and 2 only
B: 2 only
C: 3 only
D: 1 and 3 only
答案: 【 3 only】

Statements of cash flows

1、单选题：
‍Which of the following items could appear in a company's statement of cash flows?‏‍1 Surplus on revaluation of non-current assets‏‍2 Proceeds of issue of shares‏‍3 Proposed dividend‏‍4 Irrecoverable debts written off‏‍5 Dividends received‏
选项：
A: 1，2 and 5 only
B: 2, 3, 4, 5 only
C: 2 and 5 only
D: 3 and 4 only
答案: 【 2 and 5 only】

2、单选题：
‏In the course of preparing a company's statement of cash flows, the following figures are to be included in the calculation of net cash from operating activities.​‏                                                           $​‏Depreciation charges                                980,000​‏Profit on sale of non-current assets                  40,000​‏Increase in inventories                                 130,000​‏Decrease in receivables                                 100,000​‏Increase in payables                                  80,000​‏What will the net effect of these items be in the statement of cash flows?​‏​
选项：
A: Addition to operating profit                        $890,000
B: Subtraction from operating profit                 $890,000
C: Addition to operating profit                     $1,070,000
D: Addition to operating profit                       $990,000
答案: 【 Addition to operating profit                       $990,000】

3、单选题：
‎An extract from a statement of cash flows prepared by a trainee accountant is shown below.‎‎Cash flows from operating activities                                 $m‎‎Net profit before taxation                                          28‎‎Adjustments for: Depreciation                                      (9)‎‎Operating profit before working capital changes                     19‎‎Decrease in inventories                                             13‎‎Increase in receivables                                            (4)‎‎Increase in payables                                               (8)‎‎Cash generated from operations                                     10‎‎Which of the following criticisms of this extract are correct?‎‎1 Depreciation charges should have been added, not deducted‎‎2 Decrease in inventories should have been deducted, not added.‎‎3 Increase in receivables should have been added, not deducted.‎‎4 Increase in payables should have been added, not deducted‎
选项：
A: 2 and 4
B: 2 and 3
C: 1 and 3
D: 1 and 4
答案: 【 1 and 4】

4、单选题：
‏IAS 7 requires the statement of cash flows to open with the calculation of net cash from operating activities, arrived at by adjusting net profit before taxation.​‏Which one of the following lists consists only of items which could appear in such a calculation?​
选项：
A: Depreciation, increase in receivables, decrease in payables, proceeds from sale of equipment, increase in inventories
B: Increase in payables, decrease in inventories, profit on sale of plant, depreciation, decrease in receivables
C: Increase in payables, proceeds from sale of equipment, depreciation, decrease in receivables, increase in inventories
D: Depreciation, interest paid, proceeds from sale of equipment, decrease in inventories.
答案: 【 Increase in payables, decrease in inventories, profit on sale of plant, depreciation, decrease in receivables】

5、单选题：
​The following extract is from the financial statements of Pompeii, a limited liability company at 31 October:‌​                                        20X9          20X8‌​                                              $'000    $'000‌​Equity and liabilities‌​Share capital                               120      80‌​Share premium                                 60     &nb