帮别人做的我一点都不懂和判断题1.Financialreportsareusedbya.managementb.creditorsc.investorsd.alloftheabove2.Whichofthefollowingtypesofaccountshaveanormalcreditbalance?a.assetsandliabilitiesb.liabilitiesandexpen

　　帮别人做的我一点都不懂和判断题

　　1.Financialreportsareusedby

　　a.management

　　b.creditors

　　c.investors

　　d.alloftheabove

　　2.Whichofthefollowingtypesofaccountshaveanormalcreditbalance?

　　a.assetsandliabilities

　　b.liabilitiesandexpenses

　　c.revenuesandliabilities

　　d.capitalanddrawing

　　3.Theassetcreatedbyabusinesswhenitmakesasaleonaccountistermed

　　a.accountspayable

　　b.prepaidexpense

　　c.unearnedrevenue

　　d.accountsreceivable

　　4.Merchandiseinventoryattheendoftheyearisoverstated.Whichofthefollowingstatementscorrectlystatestheeffectoftheerror?

　　a.owner'sequityisoverstated

　　b.costofmerchandisesoldisoverstated

　　c.grossprofitisunderstated

　　d.netincomeisunderstated

　　5.Ifpreferredstockhasdividendsinarrears,thepreferredstockmustbe

　　a.participating

　　b.callable

　　c.cumulative

　　d.convertible

　　6.Onepotentialadvantageoffinancingcorporationsthroughtheuseofbondsratherthancommonstockis

　　a.theinterestonbondsmustbepaidwhendue

　　b.thecorporationmustpaythebondsatmaturity

　　c.theinterestexpenseisdeductiblefortaxpurposesbythecorporation

　　d.ahigherearningspershareisguaranteedforexistingcommonshareholders

　　7.Whichofthefollowingbestdescribesaccounting?

　　a.recordseconomicdatabutdoesnotcommunicatethedatatousersaccordingtoanyspecificrules

　　b.isaninformationsystemthatprovidesreportstostakeholders

　　c.isofnousebyindividualsoutsideofthebusiness

　　d.isusedonlyforfillingouttaxreturnsandforfinancialstatementsforvarioustypeofgovernmentalreportingrequirements

　　8．Allofthefollowingbelowareneededforthecalculationofdepreciationexcept

　　a.cost

　　b.residualvalue

　　c.estimatedlife

　　d.bookvalue

　　9.Whichofthefollowingaccountsbelowisreportedinthepaid-incapital/stockholders'equitysectionofthecorporatebalancesheet?