大学《会计学原理》经典练习题VIP免费

Chapter001AccountinginBusinessTrue/FalseQuestions1.Accountingisaninformationtsystemthatidentifies,records,andcommunicatesrelevant,reliable,andcomparableformationaboutanorganization'sbusinessactivities.TRUE2.Anaccountinginformationsystemcommunicatesdatatohelpbusinessesmakebetterdecisions.TRUE3.Managerialaccountingistheareaofaccountingthatprovidesinternalreportstoassistthedecisionmakingneedsofinternalusers.TRUE4.Internaloperatingactivitiesincluderesearchanddevelopment,distribution,andhumanresources.TRUEs5.Externalusersincludelenders,shareholders,customers,andregulators.TRUE6.Regulatorsoftenhavelegalauthorityovercertainactivitiesoforganizations.TRUE7.Internalusersincludelenders,shareholders,brokersandmanagers.FALSE8.Opportunitiesinaccountingincludeauditing,consulting,marketresearch,andtaxplanning.TRUE9.Identifyingtheproperethicalpathiseasy.FALSE10.Goodethicsaregoodbusiness.TRUE1-1Chapter001AccountinginBusiness11.TheSarbanes-OxleyAct(SOX)doesnotrequirepubliccompaniestoapplybothaccountingoversightandstringentinternalcontrols.FALSE12.Ownersofacorporationarecalledshareholdersorstockholders.TRUE13.Inthepartnershipformofbusiness,theownersarecalledstockholders.FALSE14.Asoleproprietorshipisoneormoreindividualssellingproductsorservicesforprofit.FALSE15.Accountinginformationiscommunicatedtovariouspartiesthroughfinancialstatements.TRUE16.TheFinancialAccountingStandardsBoardistheprivategroupthatsetsbothbroadandspecificaccountingprinciples.TRUE17.Thebusinessentityprinciplemeansthatabusinesswillcontinueoperatingforanindefiniteperiodoftime.FALSE18.Generallyacceptedaccountingprinciplesarethebasicassumptions,concepts,andguidelinesforpreparingfinancialstatements.TRUE19.Thebusinessentityprinciplemeansthatabusinessisaccountedforseparatelyfromotherbusinessentities,includingitsownerorowners.TRUE1-2Chapter001AccountinginBusiness20.Asageneralrule,revenuesshouldnotberecognizedintheaccountingrecordsuntilitisreceivedincash.FALSE21.Specificaccountingprinciplesarebasicassumptions,concepts,andguidelinesforpreparingfinancialstatementsandariseoutoflong-usedaccountingpractice.FALSE22.Generalaccountingprinciplesarisefromlong-usedaccountingpractice.TRUE23.Asoleproprietorshipisabusinessownedbyoneormorepersons.FALSE24.Unlimitedliabilityisanadvantageofasoleproprietorship.FALSE25Understandinggenerallyacceptedaccountingprinciplesisnotnecessarytouseandinterpretfinancialstatements.FALSE26.TheInternationalAccountingStandardsboard(IASB)hastheauthoritytoimposeitsstandardsoncompaniesaroundtheworld.FALSE27.Theideathatabusinesswillcontinuetooperateuntilitcansellitsassetstopayitscreditorsunderliesthegoing-concernassumption.FALSE28.Alimitedliabilitycompanyoffersthelimitedliabilityofapartnershiporproprietorshipandthetaxtreatmentofacorporation.FALSE1-3Chapter001AccountinginBusiness29.TheSecuritiesandExchangeCommission(SEC)isthegovernmentgroupthatestablishesreportingrequirementsforcompaniesthatissuestocktothepublic.TRUE30.TheSecuritiesandExchangeCommission(SEC)istheprivategroupthatsetsbothbroadandspecificaccountingstandards.FALSE31.Thethreecommonformsofbusinessownershipincludesoleproprietorship,partnership,andnon-profit.FALSE32.Thethreemajortypesofbusinessactivitiesareoperating,financing,andinvesting.TRUE33.Planningisdefininganorganization'sideas,goals,andactions.TRUE45.Strategicmanagementistheprocessofdeterminingtherightmix...