Task 2 阅读《会计英语实训教程》page154-page158 Part2 Intensive Reading: Cash Answer the questions: 1.What is cash？ 2.Why does a company need to keep some cash？ 3.What is petty cash？ 4.What is the advantage of using petty cash？
Task 2 阅读《会计英语实训教程》page154-page158 Part2 Intensive Reading: Cash Answer the questions: 1.What is cash？ 2.Why does a company need to keep some cash？ 3.What is petty cash？ 4.What is the advantage of using petty cash？
参考答案和解析
accrual entry?权责发生制?compensation?中期
相关考题：
Under the cash basis for the accounting period concept, revenues and expenses are reported in the income statement in the period in which cash is received or paid.() 此题为判断题(对，错)。
For strong internal control system over cash, it is important to have the duties related to cash receipts and cash payments divided among different employees.() 此题为判断题(对，错)。
Cash equivalents( ) A、are illegal in some companyB、will be converted to cash within two yearsC、will be converted to cash within 90 daysD、will be converted to cash within 120 days
Which of the following should not be considered cash by an accountant? ( ) A. coinsB. bank checking accountsC. postage stampsD. Petty cash funds
( ) is offered to encourage customers to pay in cash. A、Trade discountB、Cash discountC、Quality discount
13 Which of the following correctly describes the imprest system for operating petty cash?AA All expenditure out of petty cash must be supported by a properly authorised voucher.B A regular equal amount of cash is transferred into petty cash.C The exact amount of expenditure out of petty cash is reimbursed at intervals.D A budget is fixed for a period which petty cash expenditure must not exceed.
24 Sigma’s bank statement shows an overdrawn balance of $38,600 at 30 June 2005. A check against the company’s cash book revealed the following differences:1 Bank charges of $200 have not been entered in the cash book.2 Lodgements recorded on 30 June 2005 but credited by the bank on 2 July $14,700.3 Cheque payments entered in cash book but not presented for payment at 30 June 2005 $27,800.4 A cheque payment to a supplier of $4,200 charged to the account in June 2005 recorded in the cash book as a receipt.Based on this information, what was the cash book balance BEFORE any adjustments?A $43,100 overdrawnB $16,900 overdrawnC $60,300 overdrawnD $34,100 overdrawn
(b) Discuss the key issues which the statement of cash flows highlights regarding the cash flow of the company.(10 marks)
(c) Discuss the ethical responsibility of the company accountant in ensuring that manipulation of the statementof cash flows, such as that suggested by the directors, does not occur. (5 marks)Note: requirements (b) and (c) include 2 professional marks in total for the quality of the discussion.
(iii) Calculate the cash remaining in the company as a result of the salary and dividend payments made in(ii) above. (1 mark)
—Do you mean that deposits and withdrawals are posted to my account immediately?—() A. Yes, we process cash transactions during the working day.B. Yes, we process cash transactions on the second day.C. Yes, we process cash transactions as soon as they take place.
听力原文：The holder of credit card can buy goods against the card at any shop that has joined the scheme without cash.(9)A．The credit card can be used at any shop without paying cash.B．The credit card can he used at any appointed shop together with cash.C．The credit card can be used at any appointed shop without paying cash.D．The credit card can be used to withdraw any amount of cash.
What is the reserve requirement?A．The requirement for cash reserves.B．The requirement for deposits in cash.C．The percentage of a bank's deposits in the form. of cash reserves.D．The requirement of a bank to deposit a percentage of money.
听力原文：M: What should I do with my sight deposit if I need some money right now?W: Oh, that's easy. You can either use the cash dispensers or you can write cheques.Q: What does the man want to have now?(14)A．Cash.B．Sight deposit.C．Cash dispenser.D．Cheque.
Which of the following should be considered cash by an accountant.() A.postage stampsB.coinsC.bank checking accountsD.Petty cash fundsE.IOU(I owe you)
听力原文：M: May I cash these traveler's checks for $300 here?W: Of course. Would you please countersign them here? Also write place and date as specified.Q: What does the man want to do according to the conversation?(16)A．To endorse his cheques.B．To show his passport.C．To cash some traveler' s cheques.D．To open a checking account.
资料：To：Sherry LintonFrom：Melanie JuryDate：15 JulySubject：Purchase ordersPlease note that a purchase order （copy attached） must be completed for all purchases over 50 USD.Complete purchase orders should be passed to Christine Hantke to agree terms of payment with the supplier, and then sent to the Manchester office for final approval.Purchase orders under 50 USD can be paid for from the petty cash account.Many thanks for your co-operation.MJWhich of the following is NOT a step that should be completed before making a purchase over 50 USD?A.Getting the approval from the Manchester office.B.Passing the order to Christine Hantke.C.Using the petty cash account.D.Completing a purchase order.
电子现金的特点（）A、银行和商家之间应有协议和授权关系B、用户、商家和E-Cash银行都需使用E-Cash软件，E-Cash银行负责用户和商家之间资金的转移C、身份验证是由E-Cash本身完成的D、匿名性E、具有现金特点，可以存取、转让，适用于小的交易量
单选题关于电子现金的特点，下面说法错误的是（）A银行和商家之间应有协议和授权关系BE-Cash银行负责拥护和商家之间的资金的转移C身份验证由E-Cash本身完成D用户、商家和E-Cash银行不必都使用E-Cash软件
单选题请阅读 Passage 1,完成第21~25小题。Passage 1Why has crime in the U.S. declined so dramatically since the 1990s?Economists and sociologists have offered a bounty of reasons, including more police, more security technology, more economic growth, more immigration, more imprisonment, and so on.The real answer is almost certainly a combination of these factors, rather than one of them to the exclusion of the rest. But a new paper adds a surprising variable to the mix. What if the decline of crime in America started with the decline of cash?Cash is critical to the health of an underground economy, because it's anonymous, nearly untraceable, and easily stolen. This makes it the lifeblood of the black market.But Americans are rapidly abandoning cash thanks to credit cards, debit cards, and mobile payments. Half a century ago, cash was used in 80 percent of U.S. payments. Now that figure is about 50 percent, according to researchers.In the 1980s, the federal government switched from paper money to electronic benefit transfers. They didn't switch all at once. They switched one county at a time within states. This created a kind of randomly controlled environment for the researchers, who studied Missouri's counties to establish whether the areas that switched from welfare cash to electronic transfers saw a concurrent decline in crime.The results were striking: The shift away from cash was associated with a sigpificant decrease in the overall crime rate and the specific offenses of burglary and assault in Missouri and a decline in arrests. In other words, the counties saw a decline in specific crimes when they switched away from cash welfare.Perhaps most interestingly, they found that the switch to electronic transfers reduced robbery but not rape, suggesting that the move away from cash only had an impact on crime related to getting and spending cash.The move toward cashlessness in the U.S. continues quickly. Google now lets you attach money to emails to send to friends, which means that for some shoppers, pulling out your credit card could become as rare as finding exact change in your coin purse. It might seem absurd to imagine Visa, Square, and Google Wallet as crime-fighting technologies. But with a better understanding of how cash's availability affects crime, perhaps the government should consider killing more than just the penny.Which of the following would be the most appropriate title for this text?AWhy has Crime in America Declined since the 1990sBHow the Decline of Cash Makes America a Safer CountryCThe Impacts of the Decline of Cash in AmericaDThe Relations between Cash and Crime