更多"On the balance sheet, assets and li"的相关试题:
[单项选择]On the balance sheet, assets and liabilities are classified as either (61) or long-term to indicate their relative liquidity. Liquidity is a (62) of how quickly an item may be converted to cash. Therefore, (63) is the most liquid asset. Accounts receivable are a (64) liquid asset because the business expects to collect the amount in cash in the near future. (65) are less liquid than accounts receivable, and furniture and buildings are even less so.
A. short-term B. current C. circulating D. futures
[单项选择]HOW TO READ A BALANCE SHEET
A balance sheet is not like a Profit and Loss ac- count, which is a record of the activity transacted in a year and the profits (or losses) produced as a result. A balance sheet can be (21) of as a photograph, a moment (22) time, (usually the last day of the company’s financial year), which shows exactly what the business owns. These may be buildings, cash, stocks or debts, i.e. amounts of money (23) to the business by customers.
A balance sheet may change from one Year to the next if, for example, a company sells one of its factories, if it (24) more money from its shareholders, if it repays some debt to the bank, or if it builds up its inventory of (25) goods.
But whatever happens to the composition of the assets of the business, any overall change in as- set (26) is reflected in me balance sheet. There is one further (27) to be made. Although the principle of a balance sheet i
A. treated
B. thought
C. imagined
D. consider
[简答题]assets and liabilities
[简答题]资产负债表(balance sheet)
[单项选择]Are the following statements about balance sheet fro-mats correct or incorrect Statement 1: The presentation formats of balance sheets vary from company to company. Statement 2: A classified balance sheet cannot follow an account format. Statement 1 Statement 2（） ①A. Correct Correct ②B. Incorrect Incorrect ③C. Correct Incorrect
A. ①
B. ②
C. ③
[单项选择]For balance sheet purposes, inventories based on: （）
A. LIFO are preferable to those based on FIFO, as they more closely reflect the current costs.
B. weighted average are preferable to those based on FIFO, as they more closely reflect the current costs.
C. FIFO are preferable to those based on LIFO, as they more closely reflect current costs.
[单项选择]{{B}}Passage Two{{/B}}
| A balance sheet is simply the
enumeration of the various assets of a business on one side of a ledger and the
enumeration of various liabilities and {{U}} (61) {{/U}} accounts on the
other side. The two sides must be equal, or balance. Only one further point
should be {{U}} (62) {{/U}}: A balance sheet refers to a single point in
time, for example, the close of business on December 31. Taken by itself, a
balance sheet does not show {{U}} (63) {{/U}} over time. It is what
economists call a stock concept, not a {{U}} (64) {{/U}} concept. That
is, the balance sheet shows the stock of goods a firm has on hand at any
particular instant and does not show the flow of goods through the firm over
time. For this reason, a balance sheet does not show business {{U}} (65)
{{/U}}, which are a flow. |
A. expenditure
B. profits
C. voucher
D. transaction
