首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Read this text taken from an article about accounting. Choose the best sentence to fill each of the gaps. For each gap (9-14), m
Read this text taken from an article about accounting. Choose the best sentence to fill each of the gaps. For each gap (9-14), m
admin
2012-03-12
71
问题
Read this text taken from an article about accounting.
Choose the best sentence to fill each of the gaps.
For each gap (9-14), mark one letter (A-H) on your Answer Sheet.
Do not use any letter more than once.
There is an example at the beginning, (0).
Accounting
Accounting is the process of systematically collecting, analyzing, and reporting financial information. (0) H .A private accountant is hired by a specific organization to operate its accounting system and to interpret accounting information. A public accountant performs these functions for various individuals, or firms, on a professional-fee basis. (9) .............
The accounting process is based on the accounting equation: assets = liabilities + owners’ equity. (10) ............. There are five steps in the accounting process; 1) Source documents are analyzed to determine which accounts they affect. 2) Each transaction is recorded in a journal. 3) Each journal entry is posted in the appropriate general ledger accounts. 4) At the end of each accounting period, a trial balance is prepared to make sure that the accounting equation is in balance at the end of the period. 5) Financial Statements are prepared from the trial balance. (11)............. A new accounting cycle is then begun for the next accounting period.
The balance sheet, or statement of financial position, is a summary of a firm’s assets, liabilities, and owners’ equity accounts at a particular time. (12) ............. On the balance sheet, assets are categorized as current (convertible to cash in a year or less), fixed (to be used or held for more than one year), or intangible (valuable solely because of the rights or advantages they confer). (13) ............. For a sole proprietorship or partnership, owner’s equity is reported by the owner’s name in the last section of the balance sheet. For a corporation, the value of common stock, preferred stock, and retained earnings is reported in the owners’ equity section.
An income statement is a summary of a firm’s financial operations during a specified accounting period. (14) ............. Operating expenses are then deducted to compute net income from operations. Finally, non-operating expenses and income taxes are deducted to obtain the firm’s net income after taxes.
The information contained in these two financial statements becomes more meaningful when it is compared with corresponding information for previous years, for competitors, and for the industry in which the firm operates.
A On the income statement, the company’s gloss profit on sales is computed by subtracting the cost of goods sold from net sales.
B These ratios provide a picture of the firm’s profitability, its short-term financial position, its activity in the area of accounts receivable and inventory, and its long-term debt financing.
C Similarly, current liabilities are those that are to be repaid in one year or less, and long-term liabilities are debts that will not be repaid for at least one year.
D Double-entry bookkeeping ensures that the balance shown by the equation is maintained.
E This statement must demonstrate that the equation is in balance.
F Accounting information is used primarily by management, but it is also demanded by creditors, suppliers, stockholders, and government agencies.
G Once statements are prepared, the books are closed:
H Bookkeeping is essentially record-keeping which is part of the overall accounting process.
选项
答案
F
解析
该选项意思是:审计信息主要用于管理,但是同时债权人、供应商、股东以及政府机构都要求得到审计信息。此句承接之前提到的审计员提供专业服务。
转载请注明原文地址:https://kaotiyun.com/show/Hb7d777K
本试题收录于:
BEC高级阅读题库BEC商务英语分类
0
BEC高级阅读
BEC商务英语
相关试题推荐
Whattypeofbusinessdoesthespeakermostlikelyworkfor?
Whattypeofservicedoesthecompanymostlikelyprovide?
Lookatthegraphic.Whichcellphoneplanwillthemanmostlikelychoose?
(Thecandidatechoosesonetopicandspeaksaboutitforoneminute.)A.MarketResearch:theimportanceofdoingmarketresearc
Task4AttractingNewBusinessClientsYouworkforacompany,whichprovidesmeetingfacilitiesforbusinessclients.Yourdepa
Task4AttractingNewBusinessClientsYouworkforacompany,whichprovidesmeetingfacilitiesforbusinessclients.Yourdepa
•YouwillheartheChairmanoftheBusinessBroadcastingCommitteeofatelevisioncompany.Heisaddressingameetingofthec
•Readthetextbelowaboutthelogistics.•Inmostofthelines41-52thereisoneextraword.Itiseithergrammaticallyinco
•Readthetextbelowaboutthelogistics.•Inmostofthelines41-52thereisoneextraword.Itiseithergrammaticallyinco
•Readthetextbelowabouttelevisionnetwork.•Inmostofthelines41—52thereistoneextraword.Itiseithergrammatically
随机试题
女性,24岁,新婚,身体健康,计划半年后妊娠,前来计划生育门诊咨询。该女由于服药不规律尚未停药已经妊娠,给予的建议
A.射精管囊肿B.精液囊肿C.情囊囊肿D.精索囊肿E.掌丸囊肿附睾部位可探及无回声暗区,边清壁薄,后方回声增强.增大仪器增益,暗区内可见细小光点回声
多器官功能障碍综合征是下列哪项疾病的严重阶段
先祛邪后扶正的治疗原则,适用于
项目投资财务盈利能力分析属于()分析,是从项目投资总获利能力角度,考察项目方案设计的合理性。
选择新技术、新工艺和新材料方案时应遵循的原则是( )。
在技能形成过程中,练习中期出现进步的暂时停顿现象,在心理学上称为()
一群学生搬砖,如果有12人每人各搬7块,其余的每人搬5块,那么最后余下148块;如果有30人每人各搬8块,其余的每人搬7块,那么最后余下20块。砖有多少块?
Manytheoriesconcerningthecausesofjuveniledelinquencyfocuseitherontheindividualoronsocietyasthemajorcontributi
Pleasehave____________(医生签署这个报告).
最新回复
(
0
)