1. When a country runs a foreign trade deficit under a flexible foreign exchange rate system， its .
6 l. H. A* E: y3 x. o) c' N A. imports automatically increase: ]" r/ A: ]# t) m
B. currency automatically depreciates
; T. \0 h; b3 h C. exports automatically decline
# D: Q; u: w6 v, H! {! [4 B# F1 j$ l D. currency automatically appreciates: `2 \ R% G( }; {; n6 |$ _& @ I
2. Which of the following statements is not true of accounting？ ______.( {3 y7 w$ h" S8 S7 x
A. Accounting is language of business
$ y% ~1 \3 Y* x- y B. The user of accounting includes business， government， nonprofit organizations and individuals.
# x7 a) z6 o. \; I& L+ f% F C. Accounting is useful for decision making* ^6 f8 N n: _+ c6 e
D. Accounting is an end rather than a means to an end
6 M9 y5 O! M9 f* \ 3. The term foreign exchange is best defined by the following statement： it is ______.
0 b. v) P6 N# A5 b4 H, \8 v A. the rate of exchange between two currencies
y2 u7 w3 ]/ B* f B. synonymous with currency exchange* J' V0 j) N* \, p' \
C. the place in which foreign currencies are exchanged' |- c0 d$ V8 u# Y
D. an instrument such as paper currency， note， and check used to make payments between countries
0 |5 z1 ?. h1 H. J1 |& ]* U* u6 ` 4. What is Asset Allocation？ ______." r1 @ x% T8 I8 a% |' q
A. Buying assets of different types， risks， and potential returns
$ Y8 p+ A2 y: t ?& n: k) ^ B. Buying assets with more than one brokerage account
% }6 D- V5 |$ a5 ]0 V, e C. The ability to buy mutual funds8 |- E3 _1 {2 a
D. Buying stocks for the long term
( l& c7 [0 g8 m* E$ c+ M 5. External users of financial accounting information include all of the following except .
- Y7 w6 i8 i. B$ I' |1 { X A. suppliers" U% M' `# ~% s! ^* q
B. line managers
$ `/ ~, o' D( `) k7 J C. general public
9 y& T" u; M" S, X D. creditors' P0 M- p/ V! z, E
6. CAPM is short for ./ Q! \6 I2 C7 |7 _& i
A. Capital Asset Pricing Model
' Q* b3 w* a( l9 ^! o3 C B. Cash Added Price Matrix
( F @. p0 ^' W C. Capital Asset Pricing Matrix: L( s! B9 k! o, }+ x3 l
D. Cost and Price Model' J# [* P: x2 @2 U6 ]
7. Liquidity measures the ______.
1 D E+ F, n. F4 ~- E) h/ m/ s3 ^+ f A. value of an asset2 E3 [0 s+ r3 H1 {+ G; r4 B
B. ease with which an asset can be exchanged" F+ V- W$ p" D2 t) K
C. usefulness of an asset
0 w0 y2 G. K( `( t D. economic and monetary reliability of an asset compared with other assets! v# Q; H* I! x: X
8. In a letter of credit transaction， the bank pays the seller against ______ which agree with______.
3 l1 P, P* C- n4 U4 i# f A. documents... the credit
4 |" s3 g& }7 p0 w, N1 S( B5 Q B. merchandise... the contract. g( @+ L; o/ F& R0 K2 `7 L7 o5 Z
C. documents... the contract! K' q3 ^6 Y# Y9 G3 w
D. merchandise...the buyer ordered
- n8 C2 ]9 V j9 F 9. A barter economy is one that does not possess _______.
& d& c& r5 Z, k) L- r( | A. any wealth7 ?- ^' @9 a% c0 T p+ f
B. printed currency
; `9 G! b% E! U C. a medium of exchange3 n1 p' l+ H/ s/ O% t
D. gold
: {0 V8 o! T( S0 H 10. Which of the following is not true of airway bill？ ______.
3 n- X8 H1 ?% ~( I A. When goods are delivered to the airline， the airway bill is signed by them or their agents as a receipt of the goods7 U @0 C( D8 ^$ H
B. Airway bill is a document of title to the goods: V! ~( k- p$ {4 T2 s
C. Airway bill may also provide evidence of despatch of the goods where it has been stamped indicating details of the relevant flight
! J8 F* D( J' ?: F/ w5 I- B* T D. None of the above |
发表于 2012-8-16 08:05:44
