南开 17 秋学期《会计专业英语》在线作业一、单选题（共 20 道试题，共 40 分。）V 1.Which of the following should not beconsidered cash by an accountant?A. coinsB. bank checking accountsC. postage stampsD. Petty cash funds正确答案：C2.The inventory method that assigns the most recent costs to cost of good sold isA. FIFOB. LIFOC. averageD. specific identification正确答案：B3.The interest rate specified in the bond indenture is called the （ ）A. discount rateB. contract rateC. market rateD. effective rate正确答案：B4.The two most common specialized fields of accounting in practice are( )A. forensic accounting and financial accountingB. managerial accounting and financial accountingC. managerial accounting and environmental accountingD. financial accounting and tax accounting systems正确答案：B5.Expenses are reported on the（ ）A. income statementB. statement of owner’s equityC. statement of cash flowsD. balance sheet正确答案：A6.A characteristic of a fixed asset is that it is （ ）A. intangibleB. used in the operations of a businessC. held for sale in the ordinary course of the businessD. none of the above正确答案：B7.Characteristics of a corporation include （ ）A. shareholders who are mutual agentsB. direct management by the shareholders (owners)C. its inability to own propertyD. shareholders who have limited liability正确答案：D8.Which of the following is not included in the computation of the quick ratio?A. inventoryB. marketable securitiesC. accounts receivableD. cash正确答案：A9.For accounting purposes, the business entity should be considered separate from itsowners if the entity is（ ）A. a corporationB. a proprietorshipC. a partnershipD. all of the above正确答案：D10.Notes may be issued （ ）A. when assets are purchasedB. to credito...
