2011年金融英语考试模拟试题（10）
91．Cash flows are grouped in the statement of cash flows into the following major categories：______．A．cash receipts， cash disbursements， and noncash activities
B．direct cash flows and indirect cash flows
C．operating activities， investing activities， and collecting activities
D．operating activities， investing activities， and financing activities
92．A company that is losing money will have a P/E ratio of what? ______． A．Negative P/E
B．Very small P/E
C．It does not have a P/E
D．None of the above
93．Suppose the average level of all prices has doubled over the last ten years．We can come to a conclusion that ______．
A．the price of money has dropped by 50 percent
B．the size of the money supply has doubled
C．the value of money has been reduced by one－half
D．the velocity of money has increased by 50 percent
94．A company with a P/E ratio higher than the market or its industry means that ______．
A．earnings are expected to grow at a slower rate than the market
B．earnings are expected to grow at a faster rate than the market
C．it will be a low risk investment
D．none of the above
95．The following rules of debit and credit in accounting are all true except that ______．
A．increases in assets are recorded on the debit side of the account
B．increases in retained surplus dividends are recorded on the debit side of the account
C．decreases in liabilities are recorded by debits D．decreases in expenses are recorded by credits
96．The money supply should be large enough to enable the public to buy， at current prices， all______ over a given period of time．
A．the goods and services the economy has produced
B．the goods， services， and financial assets the economy has produced
C．the goods and services the economy is able to produce
D．the goods， services， and financial assets the economy is able to produce
97．When the U．S．real interest rate is low， owning U．S．assets is ______ and so U．S．net foreign investment is ______．
A．more attractive．．．high
B．more attractive．．．low
C．less attractive．．．high
D．less attractive．．．low
98．In the open－economy macroeconomic model， the quantity of dollars demanded in foreign－currency exchange market ______．
A．depends on the real exchange rate．The quantity of dollars supplied in foreign－exchange markets depends on the real interest rate
B．depends on the real interest rate．The quantity of dollars supplied in foreign－exchange markets depends on the real exchange rate
C．and the quantity of dollars supplied in the foreign－currency exchange market depend on the real exchange rate
D．and the quantity of dollars supplied in the foreign－currency exchange
99．Assume a bank with the duration gap of －1．A ______ in interest rates will ______ bank's net worth．
A．fall．．．reduce
B．fall．．．increase
C．rise．．－．reduce
D．change．．．have no effect on
100．Adverse selection is a problem associated with equity and debt contracts arising from ______．
A．the lenders' ability to legally require sufficient collateral to cover a 100% loss if the borrower defaults
B．the lenders' relative lack of information about the borrowers' potential returns and risks of his investment activities
C．the borrowers' lack of incentive to seek a loan for highly risky investments
D．none of the above
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