5. (单选题)Data related to the inventories of Costco Medical Supply are presented below:

5. (单选题)Which of the following is not a current liability account?

4. (单选题)A subsequent event for an entity with a December 31, 2018, year-end would not include:

3. (单选题)A company that borrows funds at 6% and then generates a return on those funds of 9% typically has:

2. (单选题)Accrued liabilities:

1. (单选题)Listed below are year-end account balances ( ) taken from the records of Symphony Stores.
What is the amount of working capital for Symphony?

10. (判断题, 10分)A rules-based approach to standard-setting stresses professional judgment as opposed to following a list of rules.

9. (判断题, 10分)Auditors play an important role in the resource allocation process by adding credibility to financial statements.

8.(判断题, 10分)The primary function of financial accounting is to provide relevant financial information to parties external to business enterprises.

7. (判断题, 10分)According to the FASB's Statements of Financial Accounting Concepts, conservatism is a desired qualitative characteristic of accounting information.

6.(判断题, 10分)The FASB's conceptual framework lists relevance and timeliness as the two fundamental qualitative characteristics of decision-useful information.