câu hỏi trắc nghiệm bằng tiếng anh - Môn thống kê trong kinh tế và kinh doanh| Đại học Kinh Tế Quốc Dân

Câu 1. Financial statement:
a. Can be substituted by worksheet.
b. Comprise of financial position, cashflow statement, and income statement.
c. Is not necessary when balance sheet and income statement are shown on the worksheet. d.
Are products of accounting cycle.
Câu 2. If stock is issued for a non-cash asset, the asset should be recorded on the books of the corporation at: a. Zero b.
Fair value (ý là giá gốc, không phải là mệnh giá mà cũng không phải giá phát hành, giá thị trường) c. Cost d. A nominal amount
Câu 3. Before closing, expense accounts and revenues have total balance of
$700,000, and $820,000. Opening balance of Capital is $350,000, $80,000 fixed assets
purchased during the period, the balance of capital at the end of accounting period is: a. 550,000 b.
470,000 = 820,000 – 700,000 + 350,000 ; 80,000 không được tính. c. 100,000 d. 350,000
Câu 4. Lahasa Bookstore had 300 units (at cost $11 per unit), on hand at June 1.
Purchases and sales during the month of June as follows: -
Jun.4 : Sale 150 Units @ $16/unit -
Jun.12. Purchase 250 units @$12/unit -
Jun.18: Sale 300 units @ $17/unit -
Jun.29: Purchase 50 units @$13/unit
Fahasa maintains periodic inventory system. The Gross profit for the month ended
June 30, under the LIFO method is: a. 2700 b. 2350 c. 2200 d. 5150
Amount of available good for sale = 30x0 + 250 + 50 = 600
Amount of goods sale = 150 + 300 = 450, consists of 50 units $13, 250 units $12, 150
units $11 -> Cost of good sales = 5300
Sale revenue = 150 x 16 + 300 x 17 = 7500
Gross profit = 7500 – 5300 = 2200
Câu 5. The depreciation expense will:
a. Decrease assets and increases liabilities
b. Decrease assets and liabilities
c. Increase liabilities and net income d.
Decrease assets and owner’s equity – chi phí tăng thì giảm vốn chủ, và khi phát
sinh chi phí thì TK acc. dep cũng sẽ phát sinh tăng -> giảm tài sản.
Vốn chủ = Góp vốn – Rút vốn + Doanh thu – Chi phí
Câu 6. Toys “R” UK had cost of goods sold of $9,421 million, ending inventory of
$2,089 million, and average inventory of $1,965 million. Its inventory turnover equal: a. 0.21 b. 4.51 = 9,421 / 1,965 c. 4.79 d. 76.1
Câu 7. Detailed records of goods held for resale are maintained under a:
a. Double entry accounting system
b. Single entry accounting system c. Perpetual inventory sys, d. Periodic inventory sys.
Câu 8. Lassen’s market recorded the following events involving a recent purchase of merchandise:
- Received goods for $40,000, terms 3/10, n/30.
- Returned $800 of the shipment for credit.
- Paid $200 freight on the shipment.
- Paid the invoice within the discount period.
As a result of these events, the company’s inventory: a.
Increased by $38,224 = 200 + (40,000 – 800) x 97% b. Increased by $38,612 c. Increased by $39,400 d. Increased by $38,024
Câu 9. When a note receivable are honored. Cash is debited for the note’s: a. Face value b. Gross realizable value c. Net realizable value d.
Maturity value. (Giá bao gồm cả gốc lẫn lãi)
Câu 10. NQ’s Electric Repair Shop started the year with total assets of $350,000 and
total liabilities of $250,000. During the year, the business recorded $450,000 in
electronic repair revenues, $350,000 in expenses, and NQ withdrew $40,000. NQ’s
owner’s capital balance changed by what amount from the beginning of the year to the end of the year? a. $150,000 b. $100,000 c.
$60,000 change = 450 – 350 - 40 d. $160,000
Câu 11. The date when ownership of outstanding shares is determined for dividend purposes is called: a. The record date b. The payment date c. The declaration date
d. The payment and record date.
Câu 12. The closing entries maybe prepared from all of the following except:
a. Balance sheet - căn bản là cái bảng này chỉ đúng lại 1 thời điểm nên không
dùng để khóa sổ các bút toán liên quan đến cả kỳ được b. Adj. balance in the ledger
c. Income and owner’s equity statements
d. Income statement and balance sheet columns of the worksheet.
Câu 13. Which is the most common type of reporting period:
a. Semi - annually and annually
b. Monthly, quarterly and annually (không chắc vì đề hỏi số ít chứ không phải số nhiều)
c. Daily, monthly and quarterly d. Annually
Câu 14. A truck was purchases with cost $220,000 and its acc. dep $164,000 has
been recorded. It was disposed of for $90,000 cash. As a result of the sale:
a. Net income will decreases $24,000
b. Net income will increases $24,000
c. Net income will decreases $34,000
d. Net income will increases $34,000
Giá trị còn lại (NBV) = 220 - 164 = 56
Giá thanh lý = 90 -> Net income tăng 34
Câu 15. Saint Company reported the following income statement in4 for Year 1 and Year 2. Year 1 Year 2 Sale $410,000 $550,000 Beginning Inventory $132,000 $144,000 Cost of good purchases $273,000 $302,000 Cost of goods available for sale $405,000 $446,000 Ending inventory $144,000 $152,000 Cost of goods sold $261,000 $294,000 Gross profit $149,000 $256,000
The beginning inventory balance for Year 1 is correct. The ending inventory for Year
2 is also correct. However, the ending inventory figure for Year 1 was overstated by
$20,000. Given this information, the correct gross profit figures for Year 1 and Year 2 would be:
a. $169,000 for Y1 and $236,000 for Y2
b. $129,000 for Y1 and $256,000 for Y2
c. $281,000 for Y1 and $274,000 for Y2
d. $129,000 for Y1 and $276,000 for Y2
Hàng tồn kho cuối kỳ năm nhất bị phóng đại $20,000 -> Hàng tồn kho cuối kỳ đúng là
124,000, giá vốn hàng bán đúng là 281,000 -> gross profit đúng là 129,000.
Beginning inventory đúng đầu Y2 là 124,000 (giảm 20k so với bảng trên) , mà tồn
cuối kỳ không đổi, dẫn đến giá vốn hàng bán đúng giảm 20k -> gross profit năm 2 đúng tăng 20k.
Đây là một câu tiêu biểu cho việc đánh giá thấp/cao hàng tồn kho.
Câu 16. The steps in preparing a trial balance include all of the following except:
a. Record transactions in the invoice
b. Listing the account titles and their balances
c. proving the equality of the two columns
d. totaling the debit and credit columns.
Câu 17. After gross profit is calculated, operating expenses are deducted to determine a. net margin b. profit from operation c. net income d. gross margin
Câu 18. Difference between assets and liabilities is owed to A. Benefactors. B. Owner's equity. C. Debtors. D. Underwriters
Câu 19. Which one of the following is not a part of an account? A. Debit side B. Cash flow c. Credit side D. Account Title
Câu 20. The owner's equity account
A. is decreased with debits and decreased with credits.
B. appears on the income statement along with the expenses of the business.
c. must show transactions every accounting period.
D. is not a proper subdivision of owner's equity.
Câu 21. Louis Consulting started the year with total assets of $39,000 and total liabilities of
$17,000. During the year, the business recorded $48,000 in consulting revenues and $36,000 in
expenses. Louis made an additional investment of S8,000 and withdrew cash of S10,000 during
the year. The owner's equity at the end of the year was A. $60,000.
B. $32,000. = 39 - 17 + 48 - 36 + 8-10 c. $54,000. D. $57,000..
Câu 22. The direct write-off method of accounting for bad debts
A. uses a contra-asset account.
B. is the preferred method under generally accepted accounting principles. c. uses an allowance account.
D. does not require estimates of bad debt losses.
Câu 23. Long-term liabilities are listed
A. Under liabilities category on the balance sheet
B. As expenditures against revenue on the income statement
c. Under liabilities category on the income statement
D. As expenditures on the balance sheet Câu 24. Credits
A. increase both assets and liabilities.
B. increase assets and decrease liabilities.
c. decrease both assets and liabilities.
D. decrease assets and increase owner's equity.
Câu 25. Chocolate, Inc. paid $180,000 to buy back 20,000 sharės of its $1 par value
common stock. This stock was sold later at a selling price of $7 per share.
The entry to record the sale includes a
A. debit to Retained Earnings for $40,000.
B. debit to Paid-in Capital from Treasury Stock for $180,000.
C. credit to Paid-in Capital from Treasury Stock for $20,000.
D.credit to Retained Earnings for $40,000
Câu 26. The Income Summary account is used:
A. To determine the appropriate withdrawal amount
B. To close the revenue and expense accounts.
c. To adjust and update asset and liability accounts
D. To replace the income statement under certain circumstances
Câu 27. Biggreen company acquired a land for $200,000 on account on 01/5/2018. As
of 31/12/2018, the land has appreciated in value to $180,000. On31/12/2019 the land
has an appraised value of $220,000. By what amount, under historical cost, should the
Land account be reported in Balance sheet in31/12/2019? A. $220,000
B. Depending on accountant's choice c. $180,000 D. $200,000
Câu 28. Sources of decreases to owner's equity are A. Purchases of merchandise. B. Withdrawals by the owner. c. Disposal of an equipment. D. Revenues
Câu 29. On July 15t 2019, Raymond Company borrows $180,000 from National Bank
on a 5 month,$180,000, 9% note. The entry by Ray Company to record payment of the
note and accrued interest on November 1st 2019 is A. Note payable 186,000 Cash 186,000 B. Note payable 180,000 Interest Payable 6,750 Cash 186,750 C. Note payable 180,000 Interest expense 6.000 Cash 186,000 D. Note payable 174,000 Interest Payable 6,000 Cash 180,000
Câu 30. The two key parties to a note payable are the A. maker and a bank. B. debtor and the payee. C. maker and the payee. D. sender and the receiver.
Câu 31. Accounts are closed at year end will be called:
A. Temporary accounts (tài khoản tạm thời) B. Contra accounts C. Nominal accounts
D. Permanent accounts (tài khoản tích lũy)
Câu 32. Items that are purchased, stored, and waiting for sale are
A. Consigned goods (hàng ký gửi) B. Merchandise inventory
c. Finishes goods (thành phẩm)
D. Goods in transit (hàng đang đi đường)
Câu 33. Increases in owner's equity are recorded
A. On the debit side, meanwhile the normal balance are on the credit side of the account
B. Together with normal balance on the credit side of the account
c. On the credit side meanwhile, the normal balance are on the debit side of the account
D. Together with normal balance on the debit side of the account
Câu 34. On Feb 1, Mary received a $45,000 in cash for consulting services to be
provided over the next 3 months. The full amount should be recorded in Unearned
revenue account, this account belongs to: A. Revenue account B. Liabilities account с. Еxpense account D. Assets account
Câu 35. A company uses the perpetual inventory system and recorded the following entry: Dr. Account Payable: 2,500 Cr. Inventory: 50 Cr. Cash: 2,450 This entry reflects a:
A. Payment of the account payable and recognítion of a cash return B. Return c. Sale D. Purchase
Câu 36. The following totals for the month of September were taken from the payroll register of Molly Company:
Salaries and wages payable $43,500 FICA taxes withheld $2,800 Income tax withheld $4,450
The journal entry to record the monthly payroll on 30 September would include a
A. Credit to Salaries and Wages payable for $50,750
B. Debit to Salaries and Wages payable S43,500
c. Credit to Salaries and Wages expense for S43,500
D. Debit to Salaries and Wages expenses for S50,750
Câu 37. Triumph Company paid S9,600 for the owing debt to supplier. The transaction
was recorded as a debit to Cash of S6,900 and a credit to Accounts Receivable,
$6,900. The correcting entry is: A. Accounts Receivable 6,900 Cash 6,900 B. Accounts Payable 6,900 Cash 6,900 C. Accounts Receivable 9,600 Accounts Payable 9,600
D. Dr. Accounts Receivable 6,900 Dr. Accounts Payable 9,600 Cr. Cash 16,500
Câu 38. Total amount of cash and other assets paid in to the corporation by
stockholders in exchange for capital stock is called: A. Dividend B. Paid-in Capital c. Retained Earnings D. Treasury Stock
Câu 39. An analysis and aging of the accounts receivable of Wood Company at
December 31 revealed the following data: Accounts Receivable: $900,000
Allowance for Doubtful Accounts per books before adjustment (Cr.): $50,000
Amounts expected to become uncollectible: $80,000
The cash realizable value of the accounts receivable at December 31, after adjustment, is: A. $900,000 B. $820,000 c. $790,000 D. $850,000
Câu 40. Which one of the following items is not considered a part of the cost of buildings? A. A new parking lot B, Attorney's fee C. Cash cost D. Broker's commission