1. When a country runs a foreign trade deficit under a flexible foreign exchange rate system, its .
* Y: t1 t2 }8 D4 b% ?" {A. imports automatically increase
% f1 B: u! S/ OB. currency automatically depreciates 5 {& P9 j: P5 i6 E
C. exports automatically decline% j* B: @7 O2 G' o
D. currency automatically appreciates" P j: t. w( w ^9 L, R0 M
8 |5 d1 q. L5 H3 V0 g
2. Which of the following statements is not true of accounting? ______.7 }: n5 S/ M9 a* h, V, J' x
A. Accounting is language of business/ ]# q( p$ ]6 {, m
B. The user of accounting includes business, government, nonprofit organizations and individuals.
* P: X& d$ }9 u$ gC. Accounting is useful for decision making" [8 c* C+ O/ o( _0 ^2 m
D. Accounting is an end rather than a means to an end " S" Y, d9 D" V- E8 g) o
4 r4 V3 P' }) D7 ]8 a8 j
3. The term foreign exchange is best defined by the following statement: it is ______.: U' S2 `/ X2 M! X+ h5 T
A. the rate of exchange between two currencies4 ~4 n4 I7 J' e7 X! A5 k) D
B. synonymous with currency exchange; [; @7 f5 c, d: ]
C. the place in which foreign currencies are exchanged" m. o+ ~$ k9 `- a1 \& s
D. an instrument such as paper currency, note, and check used to make payments between countries# U0 i1 V- ]5 F0 _% i ?
8 g: A- b; p5 ^# f6 r/ _. X4. What is Asset Allocation? ______.
# q% W# n9 J! |A. Buying assets of different types, risks, and potential returns
) R8 Q j; c, }0 J" e4 i, ~ WB. Buying assets with more than one brokerage account
$ n6 Y6 @& a$ l* y; E( z) QC. The ability to buy mutual funds5 E( O$ r) X9 h% V2 i
D. Buying stocks for the long term( N; o8 L( @8 M0 h2 M9 G4 B. u) g
8 z" a! p6 P4 p8 S$ u2 I E
5. External users of financial accounting information include all of the following except .
& P. [& Z6 o9 u7 gA. suppliers 6 N" v/ {+ @6 ?6 e% W6 ^, Y' l. Y! w
B. line managers
/ Z( t" y) d6 ^1 |9 l3 I0 ?2 U1 I @C. general public
- @2 i/ B6 v b8 l& VD. creditors
9 V9 M+ O7 M o9 M/ X8 N5 k+ q7 d {2 m- {3 L: z
6. CAPM is short for .3 d* d4 o8 k# M
A. Capital Asset Pricing Model
6 t' y: n7 S- @0 j4 ?7 y, ^B. Cash Added Price Matrix' K, K j# g/ @1 |* i4 P3 i) l
C. Capital Asset Pricing Matrix 0 b* _2 e7 a6 F6 ?' b
D. Cost and Price Model8 M, o3 U6 q; F7 k
" `" I i2 R1 ? V( ?* ]- v" D
7. Liquidity measures the ______.9 [7 y u9 b0 Y9 G1 c' ]( e
A. value of an asset8 h4 ~) @) C! e. f. |+ \1 Q; v
B. ease with which an asset can be exchanged
r; m7 }0 v; O9 y6 r4 wC. usefulness of an asset# u5 w1 h4 u y, o/ B
D. economic and monetary reliability of an asset compared with other assets
* c% b" v/ R% k. E. |2 `- J
/ T& y! F ?: q7 m8. In a letter of credit transaction, the bank pays the seller against ______ which agree(s) with______.1 K& ]* {- c1 w. e
A. documents... the credit * P. e8 k( P, Z9 P4 g3 G) @; j+ a
B. merchandise... the contract
2 O6 h' {- A, n* dC. documents... the contract ! [( b3 q* q' h0 ?
D. merchandise...the buyer ordered
/ S+ X" E/ h$ j; m9 p; \0 Z, A$ ~! x" ?
9. A barter economy is one that does not possess _______.
" x- ~) Q3 B' g& O1 f( qA. any wealth 4 ^" u# Y/ }& W0 v0 d3 n l
B. printed currency
' h) f6 P9 a. P8 t% QC. a medium of exchange ' d+ _# Y. j2 L, Y5 B
D. gold
3 X4 y1 j) N* J0 I7 ^0 w: K( z: O3 Y8 N7 a
10. Which of the following is not true of airway bill? ______.1 k0 ]8 N$ P' {7 }* t
A. When goods are delivered to the airline, the airway bill is signed by them or their agents as a receipt of the goods, ^2 k# ]7 I+ Z: I7 }1 ]: H+ X
B. Airway bill is a document of title to the goods
6 q/ |; @* o3 m, FC. Airway bill may also provide evidence of despatch of the goods where it has been stamped indicating details of the relevant flight0 b# S# S$ X& R
D. None of the above, g& b; y2 o6 z8 e; ]
答案:1.B 2.D 3.D 4.A 5.B 6.A 7.B 8.A 9.C 10.B |