金融英语：FECT-1(4)单选题

会计考友

　　11. What is Dollar Cost Averaging? ______.
　　A. A brokerage account that gives investors cheap trades
3 t1 `& z: U$ ~) Y1 d) K6 G3 A; Q　　B. The idea that prices tend to rise over the long term
　　C. Buying stocks that are below average in value
0 y) C) X1 V( m4 p: R" Y　　D. A flat quarterly mutual fund fee averaged throughout the year
　　E. A strategy of investing money on a regular basis to take advantage of market fluctuations
4 X5 \5 x/ v, {, e# ^' X* q　　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 ______.
: f- {, ?2 t5 w: i　　A. a vostro account... a nostro account
　　B. a vostro account…a mirror account
% ]+ p5 D# H; l; j8 b　　C. a mirror account…a nostro account
　　D. a nostro account... a vostro account
　　13. Under FOB terms the bill of lading would state goods ______.
　　A. loaded on board, freight payable at destination
　　B. loaded on board, freight paid
& d4 D2 O, b" P! Z% a1 Y2 V+ o' ~. ~　　C. received for shipment, freight paid
　　D. received for shipment, freight payable at destination
; y2 ~3 b2 `- g/ Z7 b　　14. The liabilities of the bank as shown in its balance sheet represent the ______ which it uses in its business.
　　A. sources of the funds
　　B. share capital
2 E& V" i7 ^8 O  }　　C. investments
' G8 a5 S' y* R1 x2 Y0 @. W　　D. advances to customers
' Y- U; V" u9 s　　15. International payments and other messages are often sent through an international computer network called ______.
# l  p: w3 E2 H* y5 G8 X　　A. CHAPS
3 `1 h$ u+ q! x% X3 u　　B. BACS
. c9 F8 J' @2 R　　C. SWIFT
" Y# e  H! p4 W: j　　D. EIMT
　　16. Low levels of uncertainty (risk) are associated with .
　　A. stocks
6 u/ }2 A3 n+ n* c: }% x　　B. stock options
　　C. higher potential returns
  n: I5 Z' }% O/ R" @2 `2 h# H　　D. lower potential returns
: _; w, ^6 V2 _　　17. Government securities would appear on a commercial bank's balance sheet as ______.
2 h5 ]9 z& u3 p) \; K# ~　　A. an asset
' q) r! I" i* ~$ D4 P: v) g+ }　　B. reserves
; e  T" y& Y2 }% {$ h　　C. part of net worth
. i6 G; S: J& y' x: e, {　　D. a liability
5 n- `$ h' p% p& B8 b　　18. A major problem with a fixed exchange rate system is that when countries run foreign trade deficits, ______.
　　A. there is no self-correcting mechanism
$ V& K+ j3 d6 D+ R4 W　　B. currency values become unstable
　　C. the value of the reserve currency declines
　　D. world inflation increases
　　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 ______.
　　A. four
; q/ o. z/ O( R- h' C7 x　　B. three
! d4 }; p# {* k& f4 `# u' k$ P$ I2 a　　C. two
　　D. five
　　20. Regulation of the money supply and financial markets is referred to as ______.
　　A. fiscal policy
! c1 H& |7 e) o; i; M! a8 S　　B. income policy
$ O; _; N. \: M3 m; N' H　　C. monetary policy
: \0 |: z7 C& _2 z* I　　D. budgetary policy
　　答案：
$ U  M" r1 [0 f( K8 C  a　　1.A 2.A 3.C 4.A 5.D 6.D 7.A 8.A 9.E 10.B
! s+ N7 N2 o% g; N0 R　　11.E 12.D 13.A 14.A 15.C 16.D 17.A 18.A 19.A 20.C