41．The danger to the exporter in open account trading is that by surrending the shipping documents to the importer， he ______ control of the goods before he has obtained payment for them．
, D' f8 g6 H# C0 z0 d7 ]% O/ H4 S A．is in! n5 z, S2 s. y1 L! p
B．loses
& |3 h4 I" A5 x5 F' z1 B2 q5 R6 R; s C．retains0 H: o: g( C t. W: t0 \8 ]1 p) _
D．gives up) u7 B& b# r0 O# q
42．The primary purpose of showing special types of events separately in the income statement is to ______．
1 C% [2 r& X# c9 M: C1 X A．increase earnings per share
4 U$ ]# P1 u( M B．minimize the income taxes paid on the results of ongoing operations4 z1 A! k, i3 [7 _- p4 S+ h
C．prevent unusual losses from recurring. j; Q4 g; x/ O- V
D．assist users of the income statement in evaluating the profitability of normal， ongoing operations
* W' w. \9 F9 s7 r& Y 43．If commercial banks have ample excess reserves， a lower discount rate will _______．
* Y4 S9 O3 T+ a; T' e8 s1 b A．encourage them to borrow more1 K% W. k% B& f- M6 n
B．encourage them to raise interest rates on loans
2 n4 b- K5 C9 H+ C2 F) l C．have little impact on bank behavior
) h; v* F! O% k0 z# e3 x$ E D．increase bank reserves
O+ s# b) a! r1 a 44．A bill of lading is a receipt for goods．When is a bill of lading issued? ______．
, p/ \, ]: O# a5 q8 J) Q A．When the shipper makes up the order
* w% z. q% G1 C2 d B．When the carrier receives the goods
0 a3 j+ F7 r9 q' K) Z# v" S C．When the carrier delivers the goods to the consignee
9 U3 _' H6 z# | D．When the manufacturer produces the goods7 r' e, h! j; B! _
45．ABC Co．Ltd．sold marketable securities costing $80 000 for $92 000 cash．In the company's income statement and statement of cash flows， respectively， this will appear as ______． `# t- w4 H% w2 \
A．a $12 000 gain and a $92 000 cash receipt
2 R. }8 Z0 N- ~3 I$ b/ H B．a $92 000 gain and a $80 000 cash receipt& ^3 U8 t) f! S
C．a $12 000 gain and a $80 000 cash receipt6 u- V5 S1 J2 a; H$ A+ {
D．a $92 000 sale and a $92 000 cash receipt
$ ^. W1 f+ y. H 46．Which of the following central bank actions would be appropriate to combat rapid inflation? ______．
/ p9 L: i& o0 h% y; i A．A reduction in the discount rate
& m# U5 u* M; v Q& c B．A reduction in reserve requirements
. z1 {2 } e( b/ k7 N- { C．A cut in taxes; u4 x- o; K' I* ~" c, g" X( l/ X
D．A sale of government securities
" k# }: ]& W( ~+ v _8 t! v 47．In a currency pair， the first currency is referred to as ______ and the second as ______．+ |: U" E9 k! ~; j c# y( E
A．the base currency…the counter currency r+ L% t) H6 n& l
B．the quote currency…the base currency* q5 f2 v/ D# ?4 ~) p: E6 Q
C．the base currency…the exchange currency& ]9 a$ s( \6 r' Y2 @
D．the trade currency…the base currency
7 J* N# P8 `" W1 S0 M 48．What is the expected return of a zero－beta security? ______．1 e0 a! |! G& d; @- i( j+ e& }
A．Market rate of return
& F' @0 m5 n) b6 t/ R: v B．Zero－rate of return- I$ @1 O2 }6 e+ p: T1 b- m
C．Risk－free rate of return k* D ]; w' t/ r
D．Negative rate of return
9 d# I# B; g$ ~0 g: { W. h 49．Capital asset pricing theory asserts that portfolio returns are best explained by ______．" F# U5 ?1 T2 v" a! E! [/ p4 k
A．economic factors
0 G+ l+ R3 y5 r* f* p1 ]0 M B．systematic risk+ b! w/ [# P& f4 Z5 }) o
C．specific risk
8 Z' E# d( y5 d2 t) F- j D．diversification
7 ^2 S: ^% U/ t' l 50．The______ informs the beneficiary that another bank has issued a credit in his favor without adding its own engagement．
- n1 w! W" _2 B A．advising bank
" D% R+ ~' h5 T B．confirming bank
& M* F+ o9 v5 O- f" u C．drawee bank. [2 S! j; Q4 K, ~6 e# \! `
D．issuing bank |
发表于 2012-8-16 08:05:44
