【正确答案】 C

【答案解析】[听力原文] 25-27 Current assets are assets that are expected to be converted to cash, sold, or consumed during the next 12 months or within the business's normal operating cycle if longer than a year. The operating cycle is the time span during which (1) cash is used to acquire goods and service, and (2) these goods and services are sold to customers, who in tuna pay for their purchases with cash. For most businesses, the operating cycle is a few months. A few types of business have operating cycles longer than a year. Cash, accounts receivable and notes receivable due within a year or less are current assets. For some retail companies, inventory is also a kind of current asset. This account shows the cost of goods that are held for sate to customers. 25. About a business operating cycle, which of the followings is the most accurate? 录音原文提到The operating cycle is the time span during which (1) cash is used to acquire goods and service, and(2)…经营周期包括：(1)现金用来购买商品和服务；(2)商品和服务卖出收回现金的时期。在四个选项中，C项是最准确的。

【正确答案】 B

【答案解析】[听力原文] Which of the following does not belong to current assets? 录音原文提到Cash, accounts receivable and notes receivable due within a year or less are current assets．现金、期限在一年以内(含一年)的应收账款和应收票据都属于流动资产。B项中应付账款是流动负债。

【正确答案】 D

【答案解析】[听力原文] Which of the following is not long term-assets? 录音原文提到For some retail companies, inventory is also a kind of current asset．对于一些零售企业来说，存货也是一种流动资产。A、B、C选项都是长期资产。