2. (单选题)Which of the following is added to net income as an adjustment under the indirect method of preparing the statement of cash flows?

8. (单选题)In a periodic inventory system, the cost of purchases is debited to:

7. (单选题)Using the gross method, purchase discounts lost are:

6. (单选题)Cost of goods sold is given by:

5. (单选题)The largest expense on a retailer's income statement is typically:

4. (单选题)In a perpetual inventory system, which of the following is recorded at the time of the sale?

3. (单选题)The use of LIFO during a long inflationary period can result in:

2. (单选题) Ending inventory is equal to the cost of items on hand plus:

1. (单选题)The primary reason for the popularity of LIFO is that it:

20. (判断题)The journal entry to record the replenishment of a petty cash fund includes a credit to the petty cash fund.

19. (判断题)From a financial accounting perspective, the main purposes of a system of internal control are to improve the accuracy and reliability of accounting information and to safeguard assets.