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[判断题]

Preparing financial statement is the last step of a financial cycle.（)

提问人：网友后慧珍 发布时间：2022-04-06

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更多“Preparing financial statement …”相关的问题

第1题

In the accounting cycle, the last step is（).

A、preparing the financial statements

B、journalizing and posting the adjustingentries

C、preparing a post-closing trial balance

D、journalizing and posting the closingentries

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第2题

The last four steps in the accounting cycle include preparing the adjusted trial balance, preparing financial statements and recording closing and adjusting entries.

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第3题

Translate the following sentence into English. “编制财务报表虽然不是会计循环的第一步，但它是学习会计的一个适当的起点。”

A、The preparation of financial statement is not the first step in the accounting cycle, but it is a convenient point to begin the study of accounting.

B、The preparation of financial statement is the first step in the accounting cycle, but it is a convenient point to begin the study of accounting.

C、The preparation of financial statement is not the first step in the cycle, but it is a convenient point to begin the study of accounting.

D、None of the above.

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第4题

Question 2 Which one is not included in the financial statement footnote？A．changes in acco

Question 2

Which one is not included in the financial statement footnote？

A．changes in accounting estimates.

B．accounting methods used in preparing the financial statement.

C．contingent liabilities can not be, reasonably estimated.

D．debtors which happened before the balance sheet date are collected between the balance sheet date and the issue of statement for that year.

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第5题

Which is the previous step to prepare the financial statement？

A、prepare trial balance

B、prepare journal

C、making double-entry

D、making general ledger

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第6题

（教材P14-3) Which of the statements is particularly useful for managers？

A、Financial statements for the last financial year

B、Tax records for the past five years

C、Budgets for the coming financial year

D、Bank statement for the past year

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第7题

The income statement is a statement of financial position or a statement of financial condition.

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第8题

Financial statements are typically prepared in the following order:

A、Statement of financial position, statement of changes in equity, statement of P/L and OCI.

B、Statement of changes in equity, Statement of financial position, statement of P/L and OCI.

C、Statement of P/L and OCI, Statement of financial position, statement of owner's equity.

D、Statement of P/L and OCI, statement of changes in equity, Statement of financial position.

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第9题

A company has a provision for warranty claims b/f of $3500. It does a review and decides that the provision needed in future should be $3000. What is the effect on the financial statements？

A、Income statement increase expense by $500; Statement of financial position shows provision $3500

B、Income statement increase expense by $500; Statement of financial position shows provision $3000

C、Income statement decrease expense by $500; Statement of financial position shows provision $3500

D、Income statement decrease expense by $500; Statement of financial position shows provision $3000

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