一、单选题（共 20 道试题，共 40 分。）V 1. When the market rate of interest on bonds is higher than the contract rate, the bonds will sell at （ ）
A. a premium
B. their face value
C. their maturity value
D. a discount
满分：2 分
2. Which of the following should not be considered cash by an accountant?
A. coins
B. bank checking accounts
C. postage stamps
D. Petty cash funds
满分：2 分
3. A capital expenditure results in a debit to （ ）
A. an expense account
B. a capital account
C. a liability account
D. an asset account
满分：2 分
4. Stockholders' equity （ ）
A. is usually equal to cash on hand
B. includes paid-in capital and liabilities
C. includes retained earnings and paid-in capital
D. is shown on the income statement
满分：2 分
5. Current liabilities are（ ）
A. due, but not receivable for more than one year
B. due, but not payable for more than one year
C. due and receivable within one year
D. due and payable within one year
满分：2 分
6. The debt created by a business when it makes a purchase on account is referred to as an
A. account payable
B. account receivable
C. asset
D. expense payable
满分：2 分
7. The liability for a dividend is recorded on which of the following dates?
A. the date of record
B. the date of payment
C. the date of announcement
D. the date of declaration
满分：2 分
8. Which of the following below generally is the most useful in analyzing companies of different sizes?
A. comparative statements
B. common-sized financial statements
C. price-level accounting
D. audit report
满分：2 分
9. Financial statements in which financial data for two or more companies are combined as a single entity are called
A. conventional statements
B. consolidated statements
C. audited statements
D. constitutional statements
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10. The interest rate specified in the bond indenture is called the （ ）
A. discount rate
B. contract rate
C. market rate
D. effective rate
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11. Accumulated Depreciation ( )
A. is used to show the amount of cost expiration of intangibles
B. is the same as Depreciation Expense
C. is a contra asset account
D. is used to show the amount of cost expiration of natural resources
满分：2 分
12. A bank reconciliation should be prepared periodically because （ ）
A. the depositor's records and the bank's records are in agreement
B. the bank has not recorded all of its transactions
C. any differences between the depositor's records and the bank's records should be determined, and any errors made by either party should be
满分：2 分
13. The two methods of accounting for investments in stock are the cost method and the （ ）
A. straight-line method
B. equity method
C. liability method
D. interest method
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14. All of the following below are needed for the calculation of depreciation except（ ）
A. cost
B. residual value
C. estimated life
D. book value
满分：2 分
15. Sinking Fund Cash would be classified on the balance sheet as （ ）
A. a current asset
B. a fixed asset
C. an intangible asset
D. an investment
满分：2 分
16. Under which method of cost flows is the inventory assumed to be composed of the most recent costs?
A. average cost
B. last-in, first-out
C. first-in, first-out
D. weighted average
满分：2 分
17. The excess of issue price over par of common stock is termed a(n) （ ）
A. discount
B. income
C. deficit
D. premium
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18. Cash equivalents（ ）
A. are illegal in some company
B. will be converted to cash within two years
C. will be converted to cash within 90 days
D. will be converted to cash within 120 days
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19. Notes may be issued （ ）
A. when assets are purchased
B. to creditor's to temporarily satisfy an account payable created earlier
C. when borrowing money
D. all of the above
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20. What is the type of account and normal balance of Allowance for Doubtful Accounts?
A. Contra asset, credit
B. Asset, debit
C. Asset, credit
D. Contra asset, debit
满分：2 分