MOOC 会计基础(东莞市经济贸易学校)1002747018 最新慕课完整章节测试答案

Module1 Exercises

1、单选题：
‎Accounting is an information and measurement system that does all of the following except________.‏
选项：
A: identifies business activities
B: records business activities
C: communicates business activities
D: does not use technology to improve accuracy in reporting
E: helps people make better decisions
答案: 【 does not use technology to improve accuracy in reporting】

2、单选题：
‍The primary objective of financial accounting is__________.‍
选项：
A: to serve the decision-making needs of internal users
B: to provide financial statements to help external users analyze an organization's activities
C: to monitor and control company activities
D: to provide information on both the costs and benefits of looking after products and services
E: to know what, when, and how much to produce
答案: 【 to provide financial statements to help external users analyze an organization's activities】

3、单选题：
‏The accounting assumption that requires every business to be accounted for separately from other business entities, including its owner or owners is known as the___________.‎
选项：
A: time-period assumption
B: business entity assumption
C: going-concern assumption
D: revenue recognition principle
E: cost principle
答案: 【 business entity assumption】

4、单选题：
‌The rule that requires financial statements to reflect the assumption that the business will continue operating instead of being closed or sold, unless evidence shows that it will not continue, is the____________.​
选项：
A: monetary unit assumption
B: business entity assumption
C: going-concern assumption
D: objectivity principle
E: cost principle
答案: 【 going-concern assumption】

5、单选题：
‌The accounting principle that requires accounting information to be based on actual cost and requires assets and services to be recorded initially at the cash or cash-equivalent amount given in exchange, is the__________.‏
选项：
A: accounting equation
B: cost principle
C: going-concern assumption
D: realization principle
E: business entity assumption
答案: 【 cost principle】

6、单选题：
‎Assets created by selling goods and services on credit are_____________.‏
选项：
A: accounts payable
B: accounts receivable
C: liabilities
D: expenses
E: equity
答案: 【 accounts receivable】

7、单选题：
‎Creditors' claims on the assets of a company are called____________.‏
选项：
A: net losses
B: expenses
C: revenues
D: equity
E: liabilities
答案: 【 liabilities】

8、单选题：
​The difference between a company's assets and its liabilities, or net assets is____________.‎
选项：
A: net income
B: expense
C: equity
D: revenue
E: net loss
答案: 【 equity】

9、单选题：
‏ If a parcel of land that was originally purchased for $85,000 is offered for sale at $150,000,