Which of the following are assumptions for MM’s dividend irrelevance theory?（ ）

单选题

Basic accounting addresses introduction to the concepts and principles of the accounting process, the technical and procedural aspects of preparing external financial statements.( ）

单选题

The operating profit is an enterprise’s business income and the difference between the operating costs and taxes. It includes both the profit on sales and other business profits, and is based on the sum of the two minus the management expenses and financial expenses. ( )

单选题

Cash is the most liquid asset and most subject to theft and fraud. ( )

单选题

which corporate strategy ESOP is often used as ? ( )

问答题

Equity investors primarily seek growth opportunities, while debt financiers primarily seek security. ( )

A. 对

B. 错

多选题

Which of the following are assumptions for MM’s dividend irrelevance theory?（ ）

单选题

The manner of presentation of cash flows among operating, investing and financing activities depends on the nature of the entity. ( )

单选题

The face value of a bond does not always correspond to the actual money raised because of underwriting fees and the possibility that the bond might not actually sell for its face value when it is offered for sale initially. ( )

单选题

The statement of changes in owners’ equity contains assets, liabilities and capital. ( )

单选题

Office expenses can be recognized immediately. ( )

单选题

A company purchased $4,500 of merchandise on May 1 with terms of 2/10, n/30. On May 8, it paid the balance owed for merchandise, taking any discount it is entitled to. The cash paid on May 8 is ( ).

单选题

Banks also quote interest rates in terms of an annual percentage rate (APR), which indicates the amount of simple interest earned in one year, that is, the amount of interest earned with the effect of compounding.( )

多选题

The following are measures used by firms when making capital budgeting decisions include（ ）.

单选题

The process of transferring information from journal to the ledger is known as . （ ）

单选题

Investors will be willing to pay more than the par value for bonds when the market rate of interest is higher than the contract rate of interest. ( )

单选题

When a stock is issued at a price that is less than its par value, the stock has been sold at a premium. ( )

单选题

Which one of the following will decrease the operating cycle? （ ）

多选题

The impact of future strategic choices on a company’s financial position must be anticipated. Such strategic choices include .（ ）

单选题

Which of the following events cannot be quantified into dollars and cents and recorded as an accounting transaction? （ ）

单选题

Incidental costs often added to the costs of inventory include import duties, freight, storage, and insurance. ( )

单选题

Peter Ali received $5,000 for some excavation work to be done when the weather permitted. Peter thought it would be at least three weeks before he could start the job. Which statement best describes how the transaction is recorded? （ ）

单选题

Investment means the behavior of financing money by an enterprise according to the needs of a certain project. （ ）

单选题

If the assets of a company increase by 35,000 during the same year, then the change in equity of the company during the year must have been: （ ）

单选题

Depreciation is incorporated in cash flows because it .（ ）

单选题

Quick assets of an enterprise generally refer to the current assets minus unstable inventories and prepaid expenses. ( )

单选题

To be specific about the definition of risk, we use statistical measures( )

问答题

( ) are debts issued by national governments

A. Public bonds

B. Municipal bonds

C. Sovereign debts

D. Agency securities

单选题

Intangible assets with a limited useful life such as patents are usually converted to expenses over a number of accounting periods. ( )

单选题

The present value is the exact opposite of the future value. ( )

单选题

Companies use two methods to account for uncollectible accounts: the direct write-off method and the allowance method. ( )

单选题

The choice of depreciation methods requires that the depreciation method used reflects the pattern in which the asset’s future economic benefits are expected to be consumed by the entity. ( )