题目内容
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A、Real accounts.
B、Temporary accounts.
C、Closing accounts.
D、Permanent accounts.
E、Balance sheet accounts.
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A、Accounting period.
B、Operating cycle.
C、Accounting cycle.
D、Closing cycle.
E、Natural business year.
A、All ledger accounts are closed to start the new accounting period.
B、All temporary accounts are closed but not the permanent accounts.
C、All real accounts are closed but not the nominal accounts.
D、All permanent accounts are closed but not the nominal accounts.
E、All balance sheet accounts are closed.
A、Measures a company's ability to pay its bills on time.
B、Organizes assets and liabilities into important subgroups.
C、Presents revenues, expenses, and net income.
D、Reports operating, investing, and financing activities.
E、Reports the effect of profit and withdrawals on owner's capital.
A、Journalizing transactions.
B、Preparing an adjusted trial balance.
C、Preparing a post-closing trial balance.
D、Preparing the financial statements.
E、Preparing a work sheet.
A、Current assets, long-term investments, plant assets, and intangible assets.
B、Current assets, long-term assets, revenues, and intangible assets.
C、Current assets, long-term investments, plant assets, and equity.
D、Current liabilities, long-term investments, plant assets, and intangible assets.
E、Current assets, liabilities, plant assets, and intangible assets.
A、Current assets, prepaid expenses, long-term investments, intangible assets.
B、Long-term investments, current assets, plant assets, intangible assets.
C、Current assets, long-term investments, plant assets, intangible assets.
D、Intangible assets, current assets, long-term investments, plant assets.
E、Plant assets, intangible assets, long-term investments, current assets.
A、Is used to analyze profitability.
B、Is used to measure solvency.
C、Reveals how many times a company turns over (sells) its merchandise inventory.
D、Validates the acid-test ratio.
E、Calculation depends on the company's inventory valuation method.
A、Current ratio is calculated by dividing current assets by current liabilities.
B、Current ratio helps to assess a company's ability to pay its debts in the near future.
C、Current ratio does not affect a creditor’s decision on when to allow a company to buy on credit.
D、Current ratio can affect a creditor's decision about whether to lend money to a company.
E、Current ratio can reveal problems in a company if it is less than 1.
A、For every $1 in sales, the firm acquired $3.50 in assets during the period.
B、For every $1 in assets, the firm produced $3.50 in net sales during the period.
C、For every $1 in assets, the firm earned gross profit of $3.50 during the period.
D、For every $1 in assets, the firm earned $3.50 in net income.
E、For every $1 in assets, the firm paid $3.50 in expenses during the period.
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