金融英语：模拟练试题三

会计考友

1 The financial statements that are dated for a time periodare the
3 H& J/ Y+ t# s+ v" O4 lA balance sheet and income statement
B income statement and statement of cash flows
; R, {( X4 F; A7 f; a: a: y! |C balance sheet and statement of owners‘ equity
D all of the above
2 Which of the following is an example of off-balance-sheet financing? ______
A Operating lease
B Debenture bonds
! w8 L+ u, `" w- ?C Current portion of long-term debt
D Convertible bonds
/ g' d& [7 `4 X0 K+ C& E9 F5 r3 Borrowers can gain access to the surplus funds of savers ______
A by issuing securities to savers
. X4 A8 W' M& G. o7 K% F* bB through financial intermediaries
C by purchasing securities such as stocks and bonds
D all of the above
& y" |! a5 f- U  w) c8 y2 Z1 tE both A and B
; G$ A) Q" Q/ L3 }) H4 Which of the following assets are most liquid? ______
A High grade corporate bonds
) r* \2 o& ^& `B Time" deposits
C Stocks in General Electric Company
D Passbook savings deposits
5 Secondary markets for securities
' _( I7 W) ^" k* RA deal only in bonds
B are markets primarily for the initial sale of new issues
C are markets for trading in outstanding debts and equity claims
D are also called "investment banks"

会计考友

6 The concept of ______ is based on the common-sense notion that a dollar paid to you in the future is less valuable to you than a dollar today
) z9 v( k1 N. A6 j7 P0 XA future value
( x, X% K* j' d: U; vB present value
C deflation
/ S- j$ |- i3 ?' |) h8 _3 ^3 ?D interest
7 Which of the following would not result in a credit entry in the China‘s balance of payments?
5 W# U2 h/ [0 C0 ^# {; F: a; RA The sale of a piece of furniture to a business firm in Japan
B Interest and dividends paid on foreign investment in China
. ]+ l1 a, [, qC Interests on a Chinese bank deposit in the United Kingdom
D An increase in foreign investment in China
8 Futures contracts can be ______
A used as protection against large price swings
2 ]2 J( t2 d3 E  Y7 dB countered by an offsetting purchase or sale
6 a- t: t6 z; G7 i8 \1 vC participated by hedgers or speculators
D all of the above
: q! l' N2 S: i9 x( J8 _5 h9 Suppose that you own a business and are considering expanding your productive capital through an increase in investment spending You will invest only if ______
A you are able to obtain the necessary funds at a low nominal interest rate
B the investment does not affect your cost of production
C the present value of future income exceeds the cost of the investment plus interest on any money that you must borrow
D you observe that your competitors are expanding their productive capital10 If Y and V are constant， and M doubles， the quantity equation implies that the price level
! D3 A: p0 }* v1 ZA more than doubles
B less than doubles
  J" J# }( V3 R7 M: [0 HC doubles
! N4 c/ @* @- `. W5 h( LD might do any of the above
E more information is needed