Chapter 1 Accounting and Business Organization / 1 Multiple Choices/1 True/False / 4 Translate the Following into English / 5 Translate the Following into Chinese / 5 Problems / 6 Chapter 2 Analyzing Transactions / 8 Multiple Choices / 8 True/False / 11 Translate the Following into English / 12 Translate the Following into Chinese / 12 Problems / 13 Chapter 3 Adjusting Process / 16 Multiple Choices / 16 True/False / 19 Translate the Following into English / 19 Translate the Following into Chinese / 20 Problems / 20 Chapter 4 Closing Entries and Accounting Cycle / 22 Multiple Choices / 22 True/False / 25 Translate the Following into English / 25 Translate the Following into Chinese / 26 Problems / 26 Chapter 5 Inventories / 28 Multiple Choices / 28 True/False / 31 Translate the Following into English / 32 Translate the Following into Chinese / 32 Problems / 33 Chapter 6 Receivables/34 Multiple Choices / 34 True/False / 37 Translate the Following into English / 38 Translate the Following into Chinese / 39 Problems / 39 Chapter 7 Fixed Assets and Intangible Assets / 40 Multiple Choices / 40 True/False / 43 Translate the Following into English / 44 Translate the Following into Chinese / 44 Problems / 45 Chapter 8 Current Liabilities and Contingent Liabilities / 46 Multiple Choices / 46 True/False / 49 Translate the Following into English / 50 Translate the Following into Chinese / 50 Problems / 51 Chapter 9 Partnerships / 53 Multiple Choices / 53 True/False / 58 Translate the Following into English / 59 Translate the Following into Chinese / 59 Problems / 59 Chapter 10 Corporations / 61 Multiple Choices / 61 True/False / 65 Translate the Following into English / 66 Translate the Following into Chinese / 66 Problems / 67 Chapter 11 Bonds Payable / 69 Multiple Choices / 69 True/False / 71 Translate the Following into English / 72 Translate the Following into Chinese / 72 Problems / 73 Chapter 12 Financial Statements Analysis / 74 Multiple Choices / 74 True/False / 79 Translate the Following into English / 80 Translate the Following into Chinese / 80 Problems / 80 Chapter 13 Management Accounting Concepts / 82 Multiple Choices / 82 True/False / 85 Translate the Following into English / 86 Translate the Following into Chinese / 86 Problems / 87 Chapter 14 Cost Concepts and Classifications / 88 Multiple Choices / 88 True/False / 91 Translate the Following into English / 92 Translate the Following into Chinese / 92 Problems / 92 Chapter 15 Cost Behavior and Cost.Volume-Profit Analysis / 95 Multiple Choices / 95 True/False / 99 Translate the Following into English / 100 Translate the Following into Chinese / 100 Problems / 100 Chapter 16 Budgeting / 102 Multiple Choices / 102 True/False / 107 Translate the Following into English / 107 Translate the Following into Chinese / 108 Problems / 108 Mock Assessment / 113 Mock Assessment (1) / 113 Mock Assessment (2) / 117 Solutions / 123 References/161