Corporate Financial Accounting (3rd Edition) Companion Exercise Book

Author: Chief Editor: Zhang Baling
Publisher:
Publish Date: 1998-11-01
Features:
Fragment: 9. When a company discovers excess cash during a cash count, it should debit the "Cash" account and credit () before approval.
A. "Non-operating Income"
B. "Property Damage and Loss Pending Approval"
C. "Other Business Income"
D. "Other Payables"
10. For uncleared items where the bank has recorded but the company has not, the company should ()
A. Record them at the same time when preparing the "Bank Deposit Balance Reconciliation Statement"
B. Record them using self-made vouchers based on the bank statement and reconciliation statement
C. Wait for relevant settlement vouchers to arrive before recording
D. Record them based on the balance recorded in the "Bank Statement"
11. The settlement discipline stipulated by the "Payment Settlement Measures" is ()
A. Prohibited from issuing unsecured bills or post-dated checks to borrow bank credit
B. Prohibited from issuing, obtaining, or transferring bills without genuine transactions or creditor-debtor relationships to borrow bank and others' funds
C. Prohibited from refusing payment unreasonably and arbitrarily occupying others' funds
D. Prohibited from opening or using accounts in violation of regulations
E. Prohibited from paying cash exceeding the settlement threshold
12. Companies should set up a "Cash Journal," which should be recorded by () based on reviewed cash receipts and payments vouchers on a daily, chronological basis.
A. Cashier
B. Supervisor
C. Person in Charge
D. Accountant
13. A company's cash limit is determined by ()
A. The company itself
B. The bank at random
C. The opening bank based on the company's actual situation
D. The company's daily small-scale expenses
14. The payment period for a bank draft is ()
A. Three months
B. One month
C. Two months
D. Six months
15. Among the following bills, those that can be transferred by endorsement include ()
A. Bank Draft
B. Commercial Draft
C. Bank Draft
D. Check
16. Among the following settlement methods, those that are not subject to a minimum settlement amount limit include ()
A. Bank Draft
B. Commercial Draft
C. Bank Draft
D. Check
E. Commissioned Collection
17. Among the following settlement methods, the one that can only be used for local settlements is ()
A. Remittance Settlement Method
B. Commissioned Collection Settlement Method
C. Bank Draft Settlement Method
D. Bank Draft Settlement Method