11．ABC Co．Ltd．has a $3 500 account receivable from XYZ Store．On March 20， XYZ makes a partial payment of $2 100 to ABC．The journal entry made on Mdrch 20 by ABC to record this transaction includes ______．
; D% C. e: x m A．a debit to the cash received account of $2 100
2 ~) c5 b, Y1 Z4 X& p# ~! R# F B．a credit to the Accounts Receivable account of $2 100; i8 V6 t8 }0 ]/ y5 I: t
C．a debit to the Cash account of $1 400 h' k. ?1 K$ ?+ t6 J
D．a debit to the Accounts Receivable account of $1 400
2 t" m" \ e# e 12．Intervention in the foreign exchange market means the government ______．" a# l+ C$ i" H/ J7 ^4 Y ]
A．restricts individuals from buying and selling foreign exchange6 c! A; i! z9 O C/ A! g& Q
B．restricts the importation of certain goods% H2 c# e. Y- \% h) m8 K1 P; y8 s ?% f- w
C．or central bank buys or sells foreign exchange4 R3 W7 e; J; M% l. P. D
D．devalues the currency in the foreign－exchange market
) _0 ]% w7 @0 Z/ n7 Q7 \, I 13．Which of the following is not a form of counter trade? ______．
2 C' G: K* i! W# M: |- _9 b: T A．Counter purchase
9 c! U4 z n, D; R B．Buy－back C．Offset
- K9 \2 ]6 a2 H5 E D．Balance trade) J& Y% L/ w) B" A5 X
14．A credit to a revenue account ______．* z% u& }5 ^2 p, I
A．decreases revenues3 D" t9 o; P( y2 t* \
B．increases equity
2 X5 d5 w$ K% K3 e7 D C．decreases equity. K3 ~( y2 r- l" o) _. `; S
D．increases assets
; v3 l7 T$ b5 B; q$ O" O 15．If the government guaranteed that anyone wishing a job would be provided one， the likely result would be ______．$ a$ y. l( ~, W6 q$ Y
A．massive layoffs5 F& c- n) Z8 M( W3 S& Z
B．an increase in the money supply( b0 F' r1 y. P# X
C．an increase in inflationary expectations! k$ p) I- a4 |* t( E& d7 X4 S
D．the development of a barter system转贴于 265考试网 http：//www．265ks．com/$ o9 f" ^# g1 |* W3 w- d
16．Given $100 000 to invest， what is the expected risk premium in dollars of investing in equities versus risk－free T－bills（U．S．Treasury bills） based on the following table? ______．
l9 K) s* s% M/ Z1 M: ~2 r, U Action Probability Expected Return. i; ]/ A4 j9 M
Invest in equities0．6$50 OOP
5 R/ {9 _' X3 f5 E: x/ u 0．4－$30000: [ j$ H" F' r4 F# F
Invest in risk－free T－bill1．0$5000
9 x% O: k C: L2 S( D A．$20000$ V( s& V5 ^: M/ @
B．$18000* V7 N+ b6 q7 p+ ^; \. c- e
C．$15000
6 ]# T7 f, Q4 j2 h/ U D．$13000
; @, E9 S* G( V; U4 U" f/ r: ` 17．Economists assume that most people take risks ______．
% g; A: O; n, S1 G6 \; ]: e4 d A．because doing so is exciting9 Z8 z" Y& A/ _2 r# l% T6 E) \9 d6 A
B．only when they have no riskless alternative
- {/ s1 W7 ]: m8 ]. D C．very infrequently
, a+ E a. Y0 F9 V/ e5 `9 U4 C- s+ h D．if they are compensated for taking the risks. E) h7 y. Q1 P( H
18．The Phillips Curve shows the relationship between ______．
6 u! D; _- I" M5 @0 X% }* U* r& [7 Q A．aggregate demand and aggregate supply
`( p5 C! R" q N. @ B．interest rates and inflation; e9 r8 `- Y3 k K
C．recessions and booms! q2 V# t" R8 v6 Z1 L
D．inflation and the unemployment rate* o/ T) S* c* X( Y' ^" D
19．In a fixed exchange rate system， speculative selling of a currency is based on anticipation of ______．3 Z7 |8 L# H& g9 m/ S5 W' |( Z8 E
A．appreciation
. D( _1 ~$ _: _" V6 p7 z! ? B．devaluation- z. c' W2 k6 K0 C$ r9 m) r
C．a foreign trade surplus- \! c j9 I( ^$ p4 |
D．interest rate increase2 ~% X3 M2 e/ K0 x
20．A collecting bank is employed by ______．
3 I% ^6 y/ A* J2 {2 Q A．the principal
2 R5 J( A3 U: P$ R B．the remitting bank
& ]; P' f6 C. F. R C．the drawer) ^+ w( a* g# Q
D．the drawee， who is its customer |
发表于 2012-8-16 08:05:44
