金融英语：FECT-1(1) 单选题
1. Which of the following is not a function of money? ______.A. To act as a medium of exchange
B. To act as a unit of account
C. To act as a store of value
D. To provide a double coincidence of wants
E. To act as a means of payment
2. The price in the foreign exchange market is called ______.
A. the trade surplus
B. the exchange rate
C. the money price
D. the currency rate
3. Market risk refers to the risk of______.
A. financial prices fluctuations
B. default
C. fraud
D. deferred payments
4. Which of the following is not among the generally accepted accounting principles? ______.
A. Cash basis
B. Prudence
C. Consistency
D. Going concern
E. Money measurement.
5. What is a documentary letter of credit? ______.
A. A conditional bank undertaking to pay an exporter on production of stipulated documentation
B. A method of lending against documentary security
C. An international trade settlement system biased in favour of importers
D. All of the above
页:
[1]