2020 Accounting（留学生）(山东工商学院) 最新满分章节测试答案

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本课程起止时间为:2020-08-31到2021-01-15
本篇答案更新状态:已完结

Session Eleven Corporation： Organization and Stockholders’ Equity Quiz for unit 30

1、 问题:In a corporate form of business organization, legal capital is best defined as
选项：
A:the amount of capital the state of incorporation allows the company to accumulate over its existence.
B:the par value of all capital stock issued.
C:the amount of capital the federal government allows a corporation to generate.
D:the total capital raised by a corporation within the limits set by the Securities and Exchange Commission.
答案: 【the par value of all capital stock issued.】

2、 问题:Which of the following represents the total number of shares that a corporation may issue under the terms of its charter?
选项：
A:Authorized shares
B:Issued shares
C:Unissued shares
D:Outstanding shares
答案: 【Authorized shares】

3、 问题:Stock that has a fixed per-share amount printed on each stock certificate is called
选项：
A:stated value stock.
B:fixed value stock.
C:uniform value stock.
D:par value stock.
答案: 【par value stock.】

4、 问题:Hongfa Corporation has 50,000 shares of ￥10 par common stock authorized. The following transactions took place during 2018, the first year of the corporation’s existence:Sold 5,000 shares of common stock for ￥18 per share.Issued 5,000 shares of common stock in exchange for a patent valued at ￥100,000.At the end of the Hongfa’ s first year, total paid-in capital amounted to
选项：
A:￥40,000.
B:￥90,000.
C:￥100,000.
D:￥190,000.
答案: 【￥190,000.】

5、 问题:Century Corporation issued 400,000 shares of ￥4 par value common stock at the time of its incorporation. The stock was issued for cash at a price of ￥16 per share. During the first year of operations, the company sustained a net loss of ￥100,000. The year-end balance sheet would show the balance of the Common Stock account to be
选项：
A:￥1,600,000.
B:￥1,500,000.
C:￥6,300,000.
D:￥6,400,000.
答案: 【￥1,600,000.】

6、 问题:Hengfa Corp. has total stockholders’ equity of ￥7,400,000. The company’s outstanding capital stock includes 100,000 shares of ￥10 par value common stock and 20,000 shares of 6%, ￥100 par value preferred stock. (No dividends are in arrears.) The book value per share of common stock is
选项：
A:￥39.
B:￥49.
C:￥54.
D:￥74.
答案: 【￥54.】

7、 问题:Li’s Corporation has net assets of $2,072,000 and paid-in capital of $700,000. The only stock issue consists of 74,000 outstanding shares of common stock. From this information, it can be deduced that the company has
选项：
A:retained earnings of $2,072,000.
B:a deficit of $2,072,000.
C:a book value of $9.46 per share of common stock.
D:a book value of $28 per share of common stock.
答案: 【a book value of $28 per share of common stock.】

8、 问题:True no-par stock should be carried in the accounts at issue price without any additional paid-in capital reported.
选项：
A:正确
B:错误
答案: 【正确】

9、 问题:Companies should record stock issued for services or noncash property at either the fair value of the stock issued or the fair value of the consideration received.
选项：
A:正确
B:错误
答案: 【正确】

10、 问题:The retained earnings are a subdivision of paid-in capital.
选项：
A:正确
B:错误
答案: 【错误】

11、 问题:The number of shares a corporation may issue is specified in the articles of incorporation. 
选项：
A:正确
B:错误
答案: 【正确】

12、 问题:When a state authorizes the sale of stock to stockholders, the corporation will credit Retained Earnings for the par value of the stock.
选项：
A:正确
B:错误
答案: 【错误】

13、 问题:The par value of a stock is the minimum amount of capital of the corporation existing for the protection of creditors.
选项：
A:正确
B:错误
答案: 【正确】

Session Four Accounting Cycle： Recording Business Transactions Quiz for Unit 8

1、 问题:Manufacturing companies normally have three types of inventory:
选项：
A:materials, labor, and manufacturing overhead.
B:raw materials, work in process, and finished goods.
C:work in process, finished goods, and returned goods.
D:economy inventory, standard inventory, and deluxe inventory.
答案: 【raw materials, work in process, and finished goods.】

2、 问题:When a manufacturing company purchases raw materials or component parts to be used in manufacturing finished goods, these costs are initially debited to
选项：
A:Expense accounts.
B:Raw Materials Inventory.
C:Finished Goods Inventory.
D:Manufacturing Overhead.
答案: 【Raw Materials Inventory.】

3、 问题:The wages paid to employees working directly on a company’s products would be shown as
选项：
A:debit to Cash.
B:debit to Work in Process.
C:credit to Work in Process.
D:debit to Manufacturing Overhead.
答案: 【debit to Work in Process.】

4、 问题:When goods are completed and transferred from the product line
选项：
A:Cost of Goods Sold is debited and Finished Goods Inventory is credited.
B:Work in Process Inventory is debited and Finished Goods Inventory is credited.
C:Finished Goods Inventory is debited and Cost of Goods Sold is credited.
D:Work in Process Inventory is credited and Finished Goods Inventory is debited.
答案: 【Work in Process Inventory is credited and Finished Goods Inventory is debited.】

5、 问题:Goods that are still in the production process would be in which account? 
选项：
A:Raw Materials Inventory
B:Work in Process Inventory
C:Finished Goods Inventory
D:Cost of Goods Sold
答案: 【Work in Process Inventory】

6、 问题:When products are completed, 
选项：
A:Finished Goods Inventory is credited.
B:Work in Process Inventory is credited.
C:Cost of Goods Sold is debited.
D:Work in Process Inventory is debited.
答案: 【Work in Process Inventory is credited.】

7、 问题:Prepaid expenses are
选项：
A:assets.
B:revenue.
C:liabilities.
D:owners’ equity.
答案: 【assets.】

8、 问题:Drawing are an expense to a corporation and appear on the income statement.
选项：
A:正确
B:错误
答案: 【错误】

9、 问题:Prepaid expenses are assets that should appear on the balance sheet.
选项：
A:正确
B:错误
答案: 【正确】

10、 问题:Prepaid expenses represent expenses and appear on income statements.
选项：
A:正确
B:错误
答案: 【错误】

【作业】Session Twelve Corporation： Dividends, Earnings per Share and Treasury Stock Assignment for unit

1、 问题:In the year 2013, Sunshine Co. earned a net income of 4 510 000 yuan. The company had issued only common stock, of which 1 million shares were outstanding at January 1. Compute the company’s earnings per share under each of the following independent assumptions:a.  No change occurred during the year in the number of shares outstanding.b.  On July 1, the company distributed an additional 100 000 shares of capital stock as a 10% stock dividend.c.  On October 1, the company issued an additional 100 000 shares of common stock in exchange for cash.
评分规则: 【 Assumption a
Assumption b
Assumption c
】

Session Five Accounting Cycle： Accounting for Accruals Quiz for Unit 9

1、 问题:An elevator company signs the contract with its client on Feb.10th, delivers the elevator to its client on April 10th, and receives the payment from its client on May 4th. The Revenue of the elevator under cash basis should be recognized in
选项：
A:the month of  May.
B:the month of February.