调整分录和报表习题精选无答案

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1、1. Acompany'sfiscalyearmustcorrespondwiththecalendaryear. 2. Thetimeperiodprincipleassumesthatanorganization'sactivitiescanbedividedintospecifictimeperiods. 3. Interimstatementsreportacompany'sbusinessactivitiesfora1-yearperiod. 4. Afiscalyearreferstoanorganization'saccou

2、ntingperiodthatspanstwelveconsecutivemonthsor52weeks. 5. Adjustingentriesaremadeafterthepreparationoffinancialstatements. 6. Adjustingentriesresultinabettermatchingofrevenuesandexpensesfortheperiod. 7. Twomainaccountingprinciplesusedinaccrualaccountingarematchingandfullcl

3、osure. 8. Adjustingentriesareusedtobringassetorliabilityaccountstotheirproperamountandupdatetherelatedexpenseorrevenueaccount. 9. Thematchingprinciplerequiresthatrevenuenotbeassignedtotheaccountingperiodinwhichitisearned. 10. Therevenuerecognitionprincipleisthebasisformak

4、ingadjustingentriesthatpertaintounearnedandaccruedrevenues. 11. Thecashbasisofaccountingcommonlyresultsinfinancialstatementsthatarenotcomparablefromperiodtoperiod. 12. Underthecashbasisofaccounting,noadjustmentsaremadeforprepaid,unearned,andaccrueditems. 13. Sincethereven

5、uerecognitionprinciplerequiresthatrevenuesbeearned,therearenounearnedrevenuesinaccrualaccounting. 14. Thematchingprinciplerequiresthatexpensesgetrecordedinthesameaccountingperiodastherevenuesthatareearnedasaresultoftheexpenses,notwhencashispaid. 15. Thecashbasisofaccounti

6、ngisanaccountingsysteminwhichrevenuesarereportedwhencashisreceivedandexpensesarereportedwhencashispaid. 1416. Thecashbasisofaccountingrecognizesrevenueswhencashpaymentsfromcustomersarereceived. 17. Theaccrualbasisofaccountingrecognizesrevenueswhencashisreceivedfromcustome

7、rs. 18. Theaccrualbasisofaccountingrecognizedexpenseswhencashispaid. 19. Recordingrevenuesearlyoverstatescurrent-periodincome;recordingrevenueslateunderstatescurrentperiodincome. 20. Recordingexpensesearlyoverstatescurrent-periodincome;recordingexpenseslateunderstatescurr

8、entperiodincome. MultipleChoiceQuestions 69. Thetimeperiodprincipleassumesthatanorganization'sac