《中级财务会计》期中考试试题(英文版)(doc 8页)

《中级财务会计》期中考试试题(英文版)内容提要：
Listed below are several information characteristics and accounting principles and assumptions.  Match the letter of each with the appropriate phrase that states its application.  (Items a through k may be used more than once or not at all.)
a.Economic entity assumptiong.Matching principle
b.Going concern assumptionh.Full disclosure principle
c.Monetary unit assumptioni.Relevance characteristic
d.Periodicity assumptionj.Reliability characteristic
e.Historical cost principlek.Consistency characteristic
f.Revenue recognition principle
1.Stable-dollar assumption (do not use historical cost principle).
2.Earning process completed and realized or realizable.
3.Presentation of error-free information with representational faithfulness.
4.Yearly financial reports.
5.Accruals and deferrals in adjusting and closing process. (Do not use going concern.)
6.Useful standard measuring unit for business transactions.
7.Notes as part of necessary information to a fair presentation.
8.Affairs of the business distinguished from those of its owners.
9.Business enterprise assumed to have a long life.
10.Valuing assets at amounts originally paid for them.
11.Application of the same accounting principles as in the preceding year.
12.Summarizing significant accounting policies.
13.Presentation of timely information with predictive and feedback value.

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