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, mar
Read this text taken from an article about Accounting. Choose the best sentence to fill each of the gaps. For each gap 9—14, mar
admin
2013-08-22
58
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 is the process of systematically collecting, analyzing, and reporting financial information.(0)______H . A private accountant is employed 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
C
解析
转载请注明原文地址:https://kaotiyun.com/show/g37d777K
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
FortwocandidatesTimeManagementYourcompanyhasfoundthatineffectivetimemanag
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
Askingquestions询问
Marketing:theimportancetoacompanyofresearchingconsumertastesandtrends
Iscorporatephilanthropyimportantornot?Canyougiveexplanationsforcorporatephilanthropy?
Atthebeginning:Startwithpolitephrases客气开讲
TaskOne-Job•Forquestions13-17,matchtheextractswiththepeople,listedA-H.•Foreachextract,choosethejobeachsp
TaskOne-Job•Forquestions13-17,matchtheextractswiththepeople,listedA-H.•Foreachextract,choosethejobeachsp
•Readthetextbelowaboutthelogistics.•Inmostofthelines41-52thereisoneextraword.Itiseithergrammaticallyinco
•Readthetextbelowaboutthelogistics.•Inmostofthelines41-52thereisoneextraword.Itiseithergrammaticallyinco
随机试题
A、消化道隔离B、呼吸道隔离C、虫媒隔离D、血液/体液隔离E、严密隔离流行性乙型脑炎是()
本病诊断为本病例选方为
患者,男,30岁。因反复上腹痛半年,加重伴呕血、黑便两天入院。既往有长期饮酒史。查体:体温37.2C,脉搏100次/分,呼吸24次/分,血压90/60mmHg,贫血貌,腹平软,上腹部压痛,无反跳痛,肝脾不大,移动性浊音阴性,肠鸣音4~6次/分。血白细胞10
A.火B.寒C.风D.湿E.痰
下列选项中,属于请求权的是()。
长期预测法除了用于推测,判断房地产的未来价格外,还可用于()等。
教育教学中提“一刀切”,“一锅煮”违背了________规律。
[2003年]已知平面区域D={(x,y)|0≤x≤π,0≤y≤π},L为D的正向边界,试证:xesinydy—ye-sinxdx≥2π2.
若某计算机系统是由500个元器件构成的串联系统,且每个元器件的失效率均为10-7/H,在不考虑其他因素对可靠性的影响时,该计算机系统的平均故障间隔时间为(5)小时。
若有以下语句typedefstructS{intg;charh;)T;以下叙述中正确的是
最新回复
(
0
)