Trắc nghiệm ôn tập - Nguyên Lý Kế Toán | Trường Đại học Tôn Đức Thắng

Câu 1/ Which of the following is a liability:
a/ Prepaid expense b/ Accounts receivable
c/ Wages payable d/ Sale revenue
Câu 2/ Which of the following is true:
a/ Assets = Liabilities - Owner’s Equity
b/ Assets = Liabilities + Owner’s Equity
c/ Liabilities = Assets + Owner’s Equity d/ None of above is true
Câu 3/ At the end of its accounting period, the Sky Company had $15 000 in
shareholders’ equity and amounts owed to creditors totalling $11 000. The total assets in the company were:
a/ $15 000 b/ $26 000 c/ $4 0000 d/ $11 000
Câu 4/ Which of the following is not an asset?
a/ Cash b/ Accounts Receivable c/ Equipment d/ Owner’s Capital
Câu 5/ Assets are recorded at their original purchase price according to the:
a/ Historical cost principle b/ Matching principle c/ Consistency principle d/ Materiality principle
Câu 6/ Net Sales minus the Cost of Goods Sold equals (GIÁ VỐN HÀNG BÁN)
a/ Net Income b/ Income From Operations c/ Other income d/ Gross Profit
Câu 7/ The combination of Selling Expenses and Administrative Expenses is referred to as
a/ Operating Expenses b/ General Expenses c/ Total Expenses d/ Other Expenses Câu 8/ The formula of ROA is
a/ Net profit before tax/ General Assets b/ Net profit after tax/ General Assets c/ Net profit
before tax/ Average Assets d/ Net profit after tax/ Average Assets
Câu 9/ Inventory is purchased on credit:
a/ One asset increases and another asset decreases b/ An asset increases and a liability increases
c/ An asset decreases and a liability decreases d/ An asset decreases and owners’ equity decreases
Câu 10/ A $10 000 receipt was received from an accounts receivable, as
a/ An asset decreased and an expense decreased
b/ A liability decreased and an expense increased
c/ An asset decreased and an expense increased
d/ An asset decreased and another asset increased
Câu 11/ The inventory costing method selected by a company can affect:
a/ The balance sheet b/ The income statement c/ Both statements d/ Neither statement
Câu 12/ The perpetual inventory method has the advantage over the periodic system in that:
a/ A physical count is not required b/ Inventory shortages is not eliminated c/ There are
lower operational costs d/ Details relating to the number of items on hand are readily available
Câu 13/ A set of accounts is called a: a/ Trial balance b/ Sreadsheet c/ Balance sheet d/ General
Câu 14/ Cost of goods sold plus the Gross profit equals
(LN gộp + Giá vốn hàng bán = Doanh thu thuần)
a/ Net sales b/ Other income c/ Selling expenses d/ Income from operations
Câu 15/ Carlton Construction Company sold a home that it built for a total cost of $150,000 for a
sales price of $250,000. The journal entries to record the sales revenue and cost of the sale
would include: (Doanh thu bán hàng và Chi phí bán hàng)
a/ A debit to Cost of Goods Sold for $150,000
b/ A credit to Finished Goods for $150,000
c/ A debit to Sales Revenue for $250,000 d/ A and B
Câu 16/ The product cost includes:
a/ Direct material cost, direct labour cost, overhead cost
b/ Direct material cost, direct labour cost, overhead cost, selling expenses
c/ Direct material cost, direct labour cost, overhead cost, administration expenses
d/ Direct material cost, direct labour cost, overhead cost, selling expenses, administration expenses
Câu 17/ Which of the following are showed on Balance
a)Assets, liabilities, owner’s equity
b/ Net sales, selling expenses, owner’s equity
c/ Other income, other expenses, financial income, financial expenses d/ Assets, income summary
Câu 18/ Profit after tax/Average equity:
a/ Return on equity b/ Return on total assets c/ Gross profit margin d/ Operating profit margin
Câu 19/ Other income minus other expenses equals a/ Profit from other activities b/ Net
income c/ Income from operations d/ Gross profit
Câu 20/ Net profit before corporate income tax minus current corporate income tax expense
equals (LN ktoan trc thuế - thuế thu nhập DN hiện hành = Lợi nhuận sau thuế)
a/ Nets profit after corporate income tax b/ Financial income c/ Earing per share d/ Other income
Câu 21/ Which of the following accounts is an expense account a/ Administration expenses
b/ Advances c/ Prepaid expenses d/ Accrued
Câu 22/ The balance sheet reports:
a/ financial position on a specific date b/ results of operations on a specific date c/ financial
position for a specific period d/ results of operations on a specific date
Câu 23/ The Income statement reports:
a/ financial position on a specific date b/ results of operations on a specific date c/ financial
position for a specific period d/ results of operations for a specific period
Câu 24/ Your business purchased merchandise goods of 25.000.000 VNĐ on credit. The
journal entry to record this transaction is:
a. Dr 156 - Merchandise goods 25.000.000 Cr 131 - Accounts receivable 25.000.000
b. Dr 156 - Merchandise goods 25.000.000 Cr 331 - Accounts payable 25.000.000
c. Dr 331 - Accounts payable 25.000.000 Cr 156- Merchandise goods 25.000.000
d. Dr 153 - Supplies 25.000.000 Cr 331 - Accounts payable 25.000.000
Câu 25/ The journal entry that records your payment of 2.500.000 VNĐ by cash on hand for the
supplies purchased on credit is:
a. Dr 331-Accounts payable 2 50
b. Dr 331- Accounts payable 2 500 000 Cr 111- Cash on hand 2 500 000
c. Dr 111- Cash on hand 2 500 000 Cr 331- Accounts payable 2 500 000
d. Dr 153 - Supplies 2 500 000 Cr 111 – Cash on hand 2 500 000
Câu 26/ Where would the balance of accounts receivable be found? (SỐ DƯ các khoản phải thu)
a/ Balance sheet b/ Income Statement c/ Cash flow statement d/ Statement of retained profit
Câu 27/ XYZ Company (XYZ) had the following assets and liabilities: $ Cash in hand 5 000
Accounts payable 4 000 Inventory 2 700 Accounts receivable 8 100 Office furniture 4 500
Loan from ABC company 15 000 Motor vehicles 12 000 Shareholders’ equity would
be: a/ $2 300 b/ $31 000 c/ $13 300 d/ None is true
Câu 28/ Which of the following is not an asset?
a/ Accounts payable b/ Inventory c/ Land use rights d/ Works in progress
Câu 29/ Accounts payable should be listed on the balance sheet in which category?
Assets b/ Liabilities c/ Shareholders’ equity d/ Expenses
Câu 30/ Which of the following is not a liability of a business enterprise?
a/ Wages and salaries payable b/ Other payable c/ Borrowings and finance leases liabilities d/ None is correct
Câu 31/ The following information at 30 June 20xx of XYZ Company: (Unit: $) Share Capital
100 000; Equipment 150 000; Inventory 30 000; Accounts Receivable 20 000; Account Payable
30 000; Retained Profits 80 000; Cash 10 000. What is the balance of total assets at 30 June 20xx?
a/ $200 000 b/ $210 000 c/ $290 000 d/ None is correct
Câu 32/ Which of the following cannot be revenue of a company? a/ Cash sales b/
Credit sales c/ Interest on investment d/ Borrowing from a bank
Câu 33/ Which of the following cannot be an expense of a company?
a/ Cost of goods sold b/ Repayment of principal of a loan c/ Payment of
interest on a loan d/ Sales commissions
Câu 34/ Which of the following is an intangible asset? (TS vô hình)
a) Prepaid insurance b/ Loan from bank c/ Patent d/ Accounts receivable
Câu 35/ Inventory was purchased by a business for $3 000; $2 000 was paid in cash and the rest
was put on account. The journal entry will include:
a/ A debit to inventory of $1 000 b/ A credit to accounts payable of $2 000 c/ A credit to
accounts payable of $2 000 d/ A credit to accounts payable of $1 000
Câu 36/ Received cash at bank from customer
a/ Dr Accounts Receivable / Cr Cash b/ Dr Cash at bank / Cr Accounts Payable c/ Dr Cash at
bank / Cr Accounts receivable d/ None of these above is correct
Câu 37/ A business purchases inventory for $5 000, paying $1 000 cash and the rest to be paid
next month. The journal entry will include: Debit 156 $5 000 Credit 111 $1 000 Credit 331 $4 000
a/ A debit accounts payable of $4 000 b/ A debit to inventory of $4 000 c/ A credit to
accounts payable of $1 000 d/ None of the above is correct
Câu 38/ A credit balance in which of the following accounts would indicate a likely error:
a/ Inventory b/ Accounts receivable c. Accounts payable d/ Retained profits
Câu 39/ The ending inventory was overstated and a periodic inventory system was being used,
the effect on net profit would be: a/ no effect b/ an understatement c/ an
overstatement d/ the effect would be noted in the next period
Câu 40/ If inventory is being valued at cost and prices are rising consistently, the method
that yields the largest gross profit is:
a/ Average cost b/ Weighted average c/ FIFO d/ Specific identification
Câu 41/ Opening inventory was S20 000, purchases totalled $35 000 and freight in cost
$1000. If closing inventory was S22 000, cost of goods sold would be:
Cost of goods sold = Opening inventory + Purchases + Freight in - Closing inventory
a/ $33 000 b/ $37 000 c/ $ 13 000 d/ $ 34 000
Câu 42/ The journal entry for the receipt of cash from accounts receivable includes a credit to
a/ Cash b/ Accounts Receivable c/ Accounts Payable d/ None of the above
Câu 43/ Which of the following accounts would appear in an income statement?
a/ Accumulated depreciation b/ Cost of goods sold c/ Rent Payable d/ None of the above
Câu 44/ Your business received 15.000.000 VNĐ cash in bank from a bank loan, accountant recorded:
a/ Dr 341- Borrowings and finance lease liabilities/ Cr 111 - Cash on hand
b/ Dr 111 - Cash on hand/ Cr 341- Borrowings and finance lease liabilities
c/ Dr 341- Borrowings and finance lease liabilities/ Cr 112 - Cash in banks
d/ Dr 112 - Cash in banks/ Cr 341- Borrowings and finance lease liabilities
Câu 45/ Your business paid monthly salary for its employees by cash on hand 13.000.000 VNĐ:
a/ Dr 622- Direct labour costs/ Cr 111- Cash on hand
b/ Dr 111- Cash on hand/ Cr 622- Direct labour costs
c/ Dr 334- Salary payable/ Cr 111- Cash on hand
d/ Dr 622- Direct labor costs/ Cr 334- Salary payable