大学MOOC 西方财务会计(辽宁工程技术大学)1453164205 最新慕课完整章节测试答案
Chapter1-introduction to accounting
文章目录
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 company2. The business's bank manager3. The tax authorities4. 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】
Chapter2-the regulatory framework
The regulatory framework
1、单选题：
What is the role of the IASB？
选项：
A: Oversee the standard setting and regulatory process
B: Formulate international financial reporting standards
C: Review defective accounts
D: Control the accountancy profession
答案: 【 Formulate international financial reporting standards】
Chapter3-the qualitative characteristics of financial information
The qualitative characteristics of financial information
1、单选题：
Which accounting concept should be considered if the owner of a business takes goods from inventory for his own personal use?
选项：
A: The substance over form concept
B: The accruals concept
C: The going concern concept
D: The business entity concept
答案: 【 The business entity concept】
2、单选题：
Sales revenue should be recognised when goods and services have been supplied; costs are incurred when goods and services have been received.Which accounting concept governs the above?
选项：
A: The substance over form concept
B: The materiality concept
C: The accruals concept
D: The duality concept
答案: 【 The accruals concept】
3、单选题：
According to the lASB's Conceptual Framework for Financial Reporting, which TWO of the following are part of faithful representation?1 It is neutral 2 It is relevant3 It is presented fairly4 It is free from material error
选项：
A: 1 and 2
B: 2 and 3
C: 1 and 4
D: 3 and 4
答案: 【 1 and 4】
4、单选题：
Listed below are some comments on accounting concepts.1 In achieving a balance between concepts, the most important consideration is satisfying as far as possible the economic decision-making needs of users.2 Materiality means that only items having a physical existence may be recognised as assets.3 The substance over form convention means that the legal form of a transaction must always be shown in financial statements, even if this differs from the commercial effect.Which, if any, of these comments is correct, according to the lASB's Conceptual Framework for Financial Reporting?
选项：
A: 1 only
B: 2 only
C: 3 only
D: None of them
答案: 【 1 only】
5、单选题：
Which, if any, of the following statements about accounting concepts and the characteristics of financial information are correct?1 The concept of substance over form means that the legal form of a transaction must be reflected in financial statements, regardless of the economic substance.2 Information is not material if its omission or misstatement could influence the economic decisions of users taken on the basis of the financial statements.3 It may sometimes be necessary to exclude information that is relevant and reliable from financial statements because it is too difficult for some users to understand.
选项：
A: 1 and 2 only
B: 2 and 3 only
C: 1 and 3 only
D: None of these statements are correct
答案: 【 None of these statements are correct】
6、单选题：
Which one of the following is not a qualitative characteristic of financial information according to the Conceptual Framework for Financial Reporting?
选项：
A: Faithful representation
B: Relevance
C: Timeliness
D: Accruals
答案: 【 Accruals】
Chapter5-Ledger accounts and double entry
Double entry bookkeeping I
1、单选题：
The profit earned by a business in 20X7 was $72,500. The proprietor injected new capital of $8,000 during the year and withdrew goods for his private use which had cost $2,200.If net assets at the beginning of 20X7 were $101,700, what were the closing net assets?
选项：
A: $35,000
B: $39,400
C: $168,400
D: $180,000
答案: 【 $180,000】
2、单选题：
A sole trader took some goods costing $800 from Inventory for his own use. The normal selling price of the goods is $1,600.Which of the following journal entries would correctly record this?
选项：
A: Dr Cr $ $Inventory account 800Purchases account 800
B: Dr Cr $ $Drawings account 800Purchases account 800
C: Dr Cr $ $Sales account 1,600Drawings account 1,600
D: Dr Cr $ $Drawings account 800Sales account 800
答案: 【 Dr Cr $ $Drawings account 800Purchases account 800】
3、单选题：
Which of the following are books of prime entry?1 Sales day book2 Cash book3 Journal4 Purchase ledger
选项：
A: 1 and 2 only
B: 1, 2 and 3 only
C: 1 only
D: All of them
答案: 【 1, 2 and 3 only】
4、单选题：
T Tallon had the following transactions： 1 Sale of goods on credit for $150 to F Rogit 2 Return of goods from B Blendigg originally sold for $300 in cash to B BlendiggWhat are the correct ledger entries to record these transactions?
选项：
A: Dr Receivables $150 Dr Sales Returns $300 &nbs