更多"Which accounting methods are prefer"的相关试题:
[单项选择]In accounting for taxes, which of the following statements about temporary and permanent differences is least accurate（）
A. A permanent difference is reflected in the financial statements by adjusting the effective tax rate.
B. Gains or losses from carrying marketable securities at market value are permanent differences.
C. If a company has permanent but no temporary differences, tax expense equals taxes payable.
[简答题](a) Explain the procedure and the methods by which a company may reduce its capital. (5 marks)
[填空题]There are many and (vary)（）methods through which our knowledge advances.
[单项选择]
The normal income statement which constitutes one of the financial statements of company, is financial income statement. So functional income statement is an income statement that segregates all costs by use; it shows revenues less cost of goods sold ( gross margin) less selling and administrative expenses. This approach is useful for financial reporting purpose; it provides outside readers with information about company’s progress and about which functional areas are being emphasized. For management’s use in the decision-making process, however, an income statement that follows a cost behavior approach, often referred to as a Contribution Margin Income Statement, is more valuable.
When the management of a business makes some decisions, it often refers to the normal income statement because the normal income statement is more useful.（）
A. Right
B. Wrong
C. Doesn’t say
[单项选择]
| The normal income statement which
constitutes one of the financial statements of company, is financial income
statement. So functional income statement is an income statement that segregates
all costs by use; it shows revenues less cost of goods sold ( gross margin) less
selling and administrative expenses. This approach is useful for financial
reporting purpose; it provides outside readers with information about company’s
progress and about which functional areas are being emphasized. For management’s
use in the decision-making process, however, an income statement that follows a
cost behavior approach, often referred to as a Contribution Margin Income
Statement, is more valuable. |
When the management of a business makes some decisions, it often refers to the normal income statement because the normal income statement is more us
[单项选择]With respect to accounting equations, which of the following is least accurate
A. Ending retained earnings=Beginning retained eamings+Net income-Dividends.
B. Ending retained earnings=Beginning retained earnings+RevenuesExpenses-Dividends.
C. Assets=Liabilities-Contributed capital+Beginning retained earnings+ Revenues-Expenses-Dividends.
[单项选择]The accounting concept or convention, which, the economic life of a business can be divided into artificial time periods, is based on ______.
(a)materiality Concept. (b)going Concern Concept.
(c)matching Concept. (d)prudence Concept.
[单项选择]When preparing pro forma income statements, which one of the following items is least likely to be sales driven（）
A. Current assets.
B. Interest expense.
C. Administrative expenses.
[单项选择]Which of the following statements about accounting for long-term debt is least accurate（）
A. For a bond issued at par, interest expense = coupon rate x face value.
B. For a discount coupon bond, cash flow from operations will decrease by the amount of the periodic coupon payment.
C. A bond issued at a discount results in lower cash flow from operations and higher cash flow from financing than a bond issued at a premium.
[单项选择]Which of the following accounting practices is most likely to decrease reported earnings in the current period（）
A. Using the straight-line method of depreciating instead of an accelerated method.
B. Capitalizing advertising expenses rather than expensing them in the current period.
C. Using LIFO inventory cost methods during a period of rising prices.
[单项选择]Which of the following accounting variables is least likely to be manipulated
A. Net income.
B. Depreciation expense. C. Sales.
[单项选择]Which of the following inventory valuation methods is allowed under Generally Accepted Accounting Principles (U. S. GAAP) and prohibited under International Financial Reporting Standards (IFRS)（）
A. Weighted average cost.
B. First-in, first-out (FIFO).
C. Last-in, first-out (LIFO).
[单项选择]Which of the following methods advises teachers to consider their students as "whole persons"
A. Community Language Learning.
B. The Silent Way.
C. Total Physical Response.
D. Suggestopaedia.
