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[考试试题] 金融英语单选题—FECT(4)

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发表于 2012-8-16 08:05:44 | 显示全部楼层 |阅读模式
1. Under which one of the following circumstances would it be wise for your customer to arrange a forward foreign exchange contract? ______.
1 i6 }5 i$ l: K& P8 `1 q) UA. Import of goods priced in a foreign currency3 P! m+ R% |9 W5 q: a2 i
B. Import of goods priced in RMB  b, [8 [+ X0 W
C. Export of goods priced in RMB
8 E% ~1 \3 {. ~$ Y5 z- {  jD. Export of goods priced in a foreign currency where the rate of exchange has been agreed in the sales contract4 s* H. L/ F2 q( V  ~
2 G: Y# B6 W" S5 m5 u
2. Incoterms address ______.
1 @8 N7 Q/ f# QA. the risks of loss between the parties 0 t& N! k. ^! H- e- L0 o; @& D
B. breaches of contract  {+ E7 p3 C  b, I. G4 i
C. ownership rights ! D3 c5 H7 B+ W1 w& d! p. F. ^
D. type of ship used
4 }7 L1 Q; t: G2 _/ B! w' |& E/ }* `3 x3 B2 D, B
3. Which of the following is or was an example of representative full-bodied money? ______.
2 G- d4 g. L+ @2 g# N7 f9 I9 CA. Debt money
  O9 a9 ^9 C/ }' P' W( A8 cB. ATS account
2 J3 a, \. H( BC. Gold certificate
" c& v& h9 s' }2 f8 M8 @/ VD. Demand deposit6 Q2 c* q8 h  ]$ M- ^
$ _7 N% e  `0 f
4. Risks associated with investing in foreign countries are the following except ______.
. H4 S/ M# N0 j3 q. AA. voting risk # b# Y  T1 P$ a/ U: j" h
B. exchange rate risk
% y% W. p8 h3 q: D$ h  nC. country risk
5 F5 i) k' `7 q  C* g6 J, y: ^% AD. political risk1 `7 g5 V, u( @" g% q& x) T: x' m) i

& u% p9 F+ [9 ?$ v5. An exporter sells goods to a customer abroad on FOB and on CIF term. Who is responsible for the freight charges in each? ______.. J$ Y2 A. p1 b" \' r! K
A. Exporter; Exporter : R- ?  a2 c: S( X8 \
B. Exporter; Importer
: h6 F# `  g+ CC. Importer; Importer # `# f8 t& i! P9 {
D. Importer; Exporter
* `. y( q5 _: n6 E+ ^3 s. K+ K5 U4 ^# y# k* ?
6. Default risk refers to the possibility that a borrower may ______.
# z9 q; C1 e& x# l% e3 VA. be unable to repay the principal on his loan9 o7 |7 @7 J! e
B. be unable to make the interest payments on his loan
* X6 k0 P1 r. ~: G+ b( c3 u, nC. go bankrupt
- D& L# k3 c  c0 m% Y  lD. all of the above9 Z5 ?1 B, h- P* c3 T

: k6 n8 e. |4 R: E7. What is the reserve requirement? ______.
2 ~! i% h) C$ d+ v( F$ KA. The requirement of a bank to deposit a percentage of money! L1 c0 m' s7 X- B3 F
B. The requirement for deposits in cash
6 \" ]: v1 G  g3 ~  a; gC. The percentage of a bank's deposits in the form of cash reserves: \3 j& r9 a" R5 G+ ], _% r+ i
D. The requirement for cash reserves: W( O. [; N6 |) H* V

* x1 V6 o7 L* x  N# }0 L8. A draft is like a check that can be endorsed but it isn't a title to goods, like ______.* n/ |3 ?5 G" \* t1 k9 ]
A. a bill of lading " \5 B  u) h1 Z* e4 [2 _$ T7 z
B. an inspection certificate/ Z( r2 a/ B3 B# `
C. a certificate of origin 6 X+ }; r7 n! q  Z9 H4 S
D. an insurance certificate
5 Y- f; u& n1 |' F. ?; j) ]6 J) z3 i% ~$ O$ ]8 X
9. Arbitrage ______.
/ h: ^1 s/ X$ G- U0 ]2 B0 \A. is a general economic term for buying something where it is cheap and selling it where it is dear7 \- Z7 f# z$ \+ h2 E
B. keeps exchange rates consistent across markets
9 S% h% {' p6 T( uC. has been outlawed by the International Monetary Fund5 L% H  e- O7 N
D. cannot occur where there is a forward exchange market( E' u, L% _% b" p# T% a
E. both A and B
" ?  F  |: Z% d
; q; N9 ^5 L2 u$ ^) {0 z% X3 w0 c10. What is the purpose of comparing the ledger entries with the documents? ______./ b: L7 U3 ~, a( R. l( }7 ]9 {% O0 ~
A. To prove that all the transactions have made for the right amounts
! \' M8 g% U! g2 JB. To prove that all the accounts have been posted correctly , C% A7 m# e$ |" {' \2 |" U1 @0 c6 f
C. To check the number of all the debits and credits
7 ]0 k9 P7 _. }' B$ mD. To post the right accounts
" ?2 l+ C+ b6 l5 S* |0 h答案:1.A 2.A 3.C 4.A 5.D 6.D 7.A 8.A 9.E 10.B
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 楼主| 发表于 2012-8-16 08:05:45 | 显示全部楼层

金融英语单选题—FECT(4)

11. What is Dollar Cost Averaging? ______.
* O; a! Q9 ?3 ]0 [! D0 q3 K* P' xA. A brokerage account that gives investors cheap trades1 N4 r) O' _3 w5 n
B. The idea that prices tend to rise over the long term
6 p& y9 U; `6 L) y5 W7 nC. Buying stocks that are below average in value
5 K' P) J- g- W- K+ s5 JD. A flat quarterly mutual fund fee averaged throughout the year3 L" V- w' K1 a1 n% a) Y
E. A strategy of investing money on a regular basis to take advantage of market fluctuations" h) v" |" Z9 {* x

9 k6 ^4 y) @2 e" ?12. From a Chinese bank's point of view, the currency account which it maintains abroad is known as______, while a RMB account operated in China for a foreign bank is termed ______.
! e5 `; l/ x7 n: G' Q$ s# ^% ^# rA. a vostro account... a nostro account. l/ m' S( h/ i4 M& t0 O5 u; \
B. a vostro account…a mirror account
7 F) l5 e* \/ |, u9 d; V& UC. a mirror account…a nostro account
: J8 E+ Q3 r4 iD. a nostro account... a vostro account 1 r( C3 I# {" x$ F6 D7 |8 }
6 ~, `5 m( R6 ]$ {" o
13. Under FOB terms the bill of lading would state goods ______.
+ O2 {% _) b! L6 ?5 ?A. loaded on board, freight payable at destination% P- ~& h6 M1 s' H8 g  q0 J. t
B. loaded on board, freight paid : X* H3 _. q3 f" m; f& R
C. received for shipment, freight paid3 i# Q' E1 {6 r3 y
D. received for shipment, freight payable at destination
( E! l6 Q* A1 M  c' {; O6 |" h, q1 u6 e- D- O1 b% B
14. The liabilities of the bank as shown in its balance sheet represent the ______ which it uses in its business.
$ h: n) k4 L- BA. sources of the funds
2 n0 h( l* }4 V! ]* _B. share capital
& P( X# M) M6 aC. investments
  f" D) d. N- c1 V/ I* Q, `D. advances to customers4 R) n: ^0 `, ^! E$ T

! N2 ]1 l% F' p( b15. International payments and other messages are often sent through an international computer network called ______.
4 A8 l4 h. E/ E; _$ vA. CHAPS
; R" h6 {5 C+ g9 I% j/ C# W% f+ MB. BACS
" o7 d. X4 X( Y7 L$ UC. SWIFT - ?( z  V- i3 m  Y- J9 I4 J3 D
D. EIMT
% t) d6 y+ t! z4 w1 A. j# D3 ^/ z
8 a0 x0 h& z- \* o, F/ l! n9 X16. Low levels of uncertainty (risk) are associated with .
; d' D7 f" r7 t( zA. stocks
+ i) F7 b+ H+ Z+ d2 a( c0 F, UB. stock options8 @* V( E: f' h0 z: c
C. higher potential returns 8 X5 Y0 a' X, T2 z! }/ W
D. lower potential returns
0 l  u/ v/ `. v% Z8 w- D  g$ n5 B( y" I9 H! V  G  r" T8 D- X7 |' A
17. Government securities would appear on a commercial bank's balance sheet as ______.
. L1 S3 `. H+ M, M/ m& I( Y2 [A. an asset : D) D# J) B& X/ p$ l
B. reserves
3 N% P; b' T2 O' u$ RC. part of net worth
9 a# O2 }: K. l2 e2 A2 u; x" GD. a liability
3 ^& ?2 F: q6 {7 T% ]$ H
6 Q6 L! l) V% O5 \! E; x5 U18. A major problem with a fixed exchange rate system is that when countries run foreign trade deficits, ______.
$ S, z, {* C7 w$ x3 c) Q! }( Z0 ~A. there is no self-correcting mechanism
. Q! B* D* w3 t; sB. currency values become unstable
0 j$ L; i) E9 Q) X0 k3 H2 kC. the value of the reserve currency declines
  a0 G' g7 O! l; I6 Z! O% BD. world inflation increases
/ l3 P- f& Q! q6 [( B5 z7 M4 O7 c- g8 `8 y1 g
19. In a particular economy banks are required to keep 25 percent of all deposits in the form of reserves; this gives a credit-creation multiplier of ______./ l4 K9 ~# O! t# v$ R9 S) X9 O- Y" Y
A. four
7 Q$ H9 [" X1 V5 i( IB. three
  [2 Z1 ]( V+ _# XC. two
" H6 H0 S& c2 |* D8 XD. five" v9 N' e& a. G, f7 z
- {9 b% {) t' J) h& X8 H
20. Regulation of the money supply and financial markets is referred to as ______.( Y8 b  R5 h0 v% l
A. fiscal policy * c. v+ \+ B$ [# ?* N4 D8 H* {* h2 t
B. income policy
$ N! @$ b; j, wC. monetary policy
. t1 q1 @/ t" jD. budgetary policy/ t  S  J! K) k
9 }' c6 C9 d4 X5 `2 N
答案:
% q/ L2 P8 Z' l11.E 12.D 13.A 14.A 15.C 16.D 17.A 18.A 19.A 20.C2 z8 g$ t# X9 G' U+ F9 j
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