Bài kiểm tra English for Accounting and Finance

Bài kiểm tra English for Accounting and Finance

Bài kiểm tra English for Accounting and Finance

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Khoá học English for Accounting and Finance - Tiếng Anh chuyên ngành Kế toán, Tài chính

Khoá học English for Accounting and Finance ENTRANCE TEST

Thời gian bài kiểm tra : 22 phút

Tổng số câu hỏi : 22 câu

Khoá học English for Accounting and Finance ENTRANCE TEST

Thời gian làm bài :

1. Balance sheets are based on which of the following formulas?





2. During the accounting period, sales revenue is $25,000 and accounts receivable increases by $8,000. How much cash is received from customers for the period?





3. The accounting principle that states companies and owners should be account for separately





4. Assets are recorded at their original purchase price according to the:





5. Accrued expenses are





6. What does a balance sheet indicate out of the following options





7. Which of the following can be a part of financial reports?





8. Which of the following can be a part of liabilities in the balance sheet





9. What can be the most appropriate role of the income statement from the following options ?





10. Out of all following four options, which is the most suitable with reference to a key feature of cash flow?





11. Out of the following four options what can be the most suitable key feature with regards to the balance sheet?





12. Given Sales is 120,000 and Gross Profit is 30,000, the gross profit ratio is:





13. Which of the following would NOT improve the current ratio?





14. A company can improve (lower) its debt-to-total assets ratio by doing which of the following?





15. Krisle and Kringle's debt-to-total assets (D/TA) ratio is 0.4. What is its debt-to- equity (D/E) ratio?





16. What is the inventory turnover ratio?

For this year, the company has total sales (all on credits) of 900.000$ and COGS of 500.000$. At the beginning of the year, its Account receivable were 50.000$ and its inventory was 60.000$. At the end of the year, its Account receivable were 60.000$ and its inventory was 50.000$.
 





17. What is the account receivable turnover ratio?

For this year, the company has total sales (all on credits) of 900.000$ and COGS of 500.000$. At the beginning of the year, its Account receivable were 50.000$ and its inventory was 60.000$. At the end of the year, its Account receivable were 60.000$ and its inventory was 50.000$.





18. On average how many days of sales were in Account receivable during the year?

For this year, the company has total sales (all on credits) of 900.000$ and COGS of 500.000$. At the beginning of the year, its Account receivable were 50.000$ and its inventory was 60.000$. At the end of the year, its Account receivable were 60.000$ and its inventory was 50.000$.





19. On average how many days of sales were in Inventory during the year?

For this year, the company has total sales (all on credits) of 900.000$ and COGS of 500.000$. At the beginning of the year, its Account receivable were 50.000$ and its inventory was 60.000$. At the end of the year, its Account receivable were 60.000$ and its inventory was 50.000$.





20. Which of the following is correct?





21. When can an auditor issue a qualified audit opinion?





22. When can an auditor issue an unqualified audit opinion?





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