Accounting is More Than Numbers Accounting could date back to about 7,000 years ago. People of that time relied on old accounting methods to record the growth of crops and herds. Accounting has great

People of that time relied on old accounting methods to record the growth of crops and herds. Accounting has greatly developed with the growth of joint-stock companies. When you think of accounting, you may find pages of tables and numbers. That image doesn’t usually give you too much excitement. When you have your own business, though, those numbers come to mean the world to you because they give you the record of how much money you’ve earned or lost. Actually, accounting is not simply about strange dollar amounts or boring numbers; they’re your sales figures, your costs, and your profits. In other words, accounting is a language of business. Once you know how to work with those numbers, how to read those numbers and how to read the story they tell, you will be able to manage your business toward greater success.

1. Accounting could date back to about ()years ago.

A. 7,000

B. 6,000

C. 5,000

2. People in the old days relied on old accounting methods to record ().

A. how much money they had

B. management of their business

C. the growth of crops and herds

3. Accounting has greatly changed with the development of ().

A. crops and herds

B. joint-stock companies

C. internet companies

4. Accounting is very important in your business because it shows ().

A. how much money you’ve earned or lost

B. pages full of tables and numbers

C. strange dollar amounts or boring numbers

5. According to the writer, accounting is ().

A. a language of business

B. your sales figures, your costs, and your profits

C. Both A and B

阅读下面的句子，根据文章内容进行判断，正确写“T”错误写“F”

Accounting errors will happen from time to time, but many common accounting mistakes can be avoided with proper planning and preparation. Here are the top seven accounting mistakes that should be paid more attention to.

(1 )Not knowing your true cash balance: Due to things like automatic payments and bank charges, money that appears in your cash drawer and your checking account may already be spent.

(2)Mistaking profits for cash: When you have a lot of credit sales, your company can post big profits without seeing any cash.

(3)Paying bills too soon: If your vendors give you thirty days to pay them, take it. Unless you get a discount for paying early, paying your bills only when they’re due improves your company’s cash flow.

(4)Avoiding book -keeping tasks: Not recording and posting transactions regularly leaves you with a mountain of book-keeping to deal with in the end.

(5)Paying accidental dividends: Every time a corporation owner takes money out of his business, it counts as a dividend. That can lead to a bigger personal income-tax bill.

(6)Not keeping personal finances separate from business: Mixing up business and personal money can cause bookkeeping and legal problems.

(7)Setting prices too low: Know your costs before you set product or service prices, or you run the risk of losing money on every sale. A simple break-even analysis can help you set prices at a profitable level.

() 21. Accounting mistakes cannot be avoided.

() 22. With a lot of credit sales, your company may have no cash at hand.

() 23. It is recommended not to pay bills too soon.

() 24. Business money and personal money can be mixed up.

() 25. Try your best to know your costs before you set product or service prices.

on to make informed business decisions for more effective management.

A manufacturers ;

B manufacturing ;

C manufactures

A.会计不仅仅是些数字。

B.会计超过了数字。

C.会计运算的内容不只是数字。

A、Adjust the Retained Earnings account for the revenue, expense, and dividends recorded during the accounting period.

B、Adjust daily the balances in asset, liability, revenue, and expense accounts for the effects of business transactions.

C、Apply the realization principle and the matching prin- ciple to transactions affecting two or more accounting periods.

D、Prepare revenue and expense accounts for recording the transactions of the next accounting period.

The recovery strategy by Ahold’s management includes _____

［A］ avoiding the next accounting scandal

［B］ diverting investment to other fields

［C］ issuing rights to more retailers

［D］ selling the retailers with poor performance

A、It would be easier for investors to compare the financial statements of companies with those of foreign competitors.

B、Cross-border listing would be facilitated.

C、Accountants and auditors would have more defence in case of litigation.

D、Multinational companies could more easily transfer accounting staff across national borders.

Lisa is analyzing the questionnaire about online shopping.

Lily: Hi, Lisa. Pretty busy？ Right？

Lisa: Yeah, I'm collecting data from the questionnaires for the online shoppers on the ().

Lily: Really？ Sounds interesting.

Lisa: Well, the results are quite(). What do you think are the most popular things people buy online？

Lily: Definitely, clothes.

Lisa: No, at first I thought so too, but the results show that I'm wrong.

Lily: How could that be？ If the most popular thing being sold online is not clothes, then what is it？

Lisa: Don't feel surprised.()the survey, online courses()the first place, especially the courses for accounting and languages.

Lily: Really？ It's unbelievable. What's next？ It should be the clothes or snacks, right？

Lisa: You are wrong again, the results shocked me too. Following online courses, health products()the second place.

Lily: That really surprised me, too. You just taught me a lesson and()my understanding about online shopping.

Lisa: Have a seat, and let me show you some more unexpected results.

Lily: OK! I'm really()about it.