1. When a country runs a foreign trade deficit under a flexible foreign exchange rate system, its .* ^3 {7 F2 E) A& L' d
A. imports automatically increase* A, Y/ p3 E+ C7 z( G4 u5 A- L
B. currency automatically depreciates
! d# A$ ?, C" |1 `) C C. exports automatically decline
# b9 {# o. {( ]9 b D. currency automatically appreciates2 V( R' n. ~1 v f2 \3 h
2. Which of the following statements is not true of accounting? ______.' v6 f' m3 a: x! @' v
A. Accounting is language of business/ E* z3 q' u: T* a
B. The user of accounting includes business, government, nonprofit organizations and individuals.
7 G$ a, `1 }$ o8 B C. Accounting is useful for decision making
0 }7 e& V% p, |: Y7 @9 ]* n/ f/ O D. Accounting is an end rather than a means to an end
, B: S& q5 X2 |# ^ 3. The term foreign exchange is best defined by the following statement: it is ______.
# m, ?5 J# O! F% V8 h( b" O" K A. the rate of exchange between two currencies
# w/ V4 s$ p5 o( [. B B. synonymous with currency exchange' l- ^3 l0 F+ I2 Z" j( N: P7 |
C. the place in which foreign currencies are exchanged
6 Z& g; q) H* b8 M& @) |" O5 | D. an instrument such as paper currency, note, and check used to make payments between countries
7 l. }# b0 p' p 4. What is Asset Allocation? ______.& ]/ | k- L6 D* F1 |
A. Buying assets of different types, risks, and potential returns
" a; B2 L- O3 D1 o B. Buying assets with more than one brokerage account* T0 v. u. R8 M0 F. e3 t! u2 C
C. The ability to buy mutual funds
& s4 L) y# L4 Z" }4 T* E1 g D. Buying stocks for the long term% N3 {0 `4 @$ n! n b6 v+ K* U ^
5. External users of financial accounting information include all of the following except .
& `7 i% @4 _# m/ o. { A. suppliers! B/ f5 T @" [8 c3 _# E- c6 U% c
B. line managers
- p% V1 f/ [) a% ~ C. general public
$ o, |& g; {( Z' i5 b D. creditors
. A, G l* m: t; f0 d 6. CAPM is short for ./ g5 f' |, a1 m1 }6 }/ \' a
A. Capital Asset Pricing Model; a) e" y/ x4 ~* v# X
B. Cash Added Price Matrix" l$ b8 N4 a: t! G3 N1 \" t
C. Capital Asset Pricing Matrix
% h/ C2 _1 a c* Q3 _! P1 Z D. Cost and Price Model i+ c& |# v m' C0 @
7. Liquidity measures the ______.0 J0 \; I" p7 ~- c; [
A. value of an asset* a$ y* n9 d% f" O
B. ease with which an asset can be exchanged' |2 v; H" O. x4 ~
C. usefulness of an asset
; O! s, u8 d9 } D. economic and monetary reliability of an asset compared with other assets, I# @- k& T7 \: {# _3 Z
8. In a letter of credit transaction, the bank pays the seller against ______ which agree(s) with______.
6 Z6 i$ A2 f, v# R# {, G7 T A. documents... the credit- h" G# L: K8 {* e$ d) F
B. merchandise... the contract
" s, c+ }1 h: ~! E C. documents... the contract# B+ k# `: ]0 d2 ?0 e6 V
D. merchandise...the buyer ordered0 ~; P8 y# x: T
9. A barter economy is one that does not possess _______.$ [0 C! i1 {1 B* O
A. any wealth4 P5 _! Q( q& Z
B. printed currency
6 a/ c7 G( X6 W9 s N O' B C. a medium of exchange* U; [5 E9 z9 v2 p( Z8 h+ h6 r6 e- t
D. gold" o& Q- p. p$ o2 d
10. Which of the following is not true of airway bill? ______.
0 H: S. y% r R" l0 k" a A. When goods are delivered to the airline, the airway bill is signed by them or their agents as a receipt of the goods
7 {: V6 a" E) Y) Q" T/ X B. Airway bill is a document of title to the goods
3 u" h4 u ?/ k0 h* X C. Airway bill may also provide evidence of despatch of the goods where it has been stamped indicating details of the relevant flight2 r. ?& r6 \6 @+ m4 o
D. None of the above! G. g) O" n8 f5 Z
答案:1.B 2.D 3.D 4.A 5.B 6.A 7.B 8.A 9.C 10.B |