金融英语辅导：模拟练试题三

会计考友

　　1 The financial statements that are dated for a time periodare the
: V% x( b3 e( ^. D6 b% k- R8 n+ o8 c. j　　A balance sheet and income statement
　　B income statement and statement of cash flows
　　C balance sheet and statement of owners‘ equity
　　D all of the above
　　2 Which of the following is an example of off-balance-sheet financing? ______
& u5 s7 s  U. G$ ]　　A Operating lease
5 r/ y; E: _$ l: C# I: L+ J. c7 F5 a; ~　　B Debenture bonds
- [! n/ w" ]% A& H1 w' O　　C Current portion of long-term debt
　　D Convertible bonds
  P+ k) X9 v$ z) M　　3 Borrowers can gain access to the surplus funds of savers ______
　　A by issuing securities to savers
9 ^: n0 f6 E. r1 n　　B through financial intermediaries
　　C by purchasing securities such as stocks and bonds
　　D all of the above
8 X1 M" E2 p- G7 Z7 f9 k  d; p　　E both A and B
　　4 Which of the following assets are most liquid? ______
: l3 u; d4 }: b3 @4 z# S　　A High grade corporate bonds
　　B Time" deposits
　　C Stocks in General Electric Company
: @# K8 e& T5 z- n# q　　D Passbook savings deposits
　　5 Secondary markets for securities
4 y# c: Y- F' N) [　　A deal only in bonds
  b! ^# Z7 k$ C. H: p8 [. ^　　B are markets primarily for the initial sale of new issues
　　C are markets for trading in outstanding debts and equity claims
　　D are also called "investment banks"
& a! P( \# n+ g　　6 The concept of ______ is based on the common-sense notion that a dollar paid to you in the future is less valuable to you than a dollar today
　　A future value
2 N) }* y% ^' F4 m/ V　　B present value
# K& |7 J( ?0 U; p) Q　　C deflation
! ]& n: W  \  l6 X　　D interest
8 U3 R! X2 |* e. H" u5 R! {! T　　7 Which of the following would not result in a credit entry in the China‘s balance of payments?
& I! a& x  n5 D  E7 n8 g, C* B　　A The sale of a piece of furniture to a business firm in Japan
　　B Interest and dividends paid on foreign investment in China
　　C Interests on a Chinese bank deposit in the United Kingdom
　　D An increase in foreign investment in China
, D" \8 I2 ~& `5 r  y. E8 Z- p　　8 Futures contracts can be ______
　　A used as protection against large price swings
　　B countered by an offsetting purchase or sale
: Z: Q) j5 }! J7 S. b% Z　　C participated by hedgers or speculators
( t: s/ c( U5 }+ g# g$ w( o' d　　D all of the above
　　9 Suppose that you own a business and are considering expanding your productive capital through an increase in investment spending You will invest only if ______
! Y! |# l% [7 G, N* _: h; ^0 T, ], v　　A you are able to obtain the necessary funds at a low nominal interest rate
$ p2 n7 k: ]( A& X5 O　　B the investment does not affect your cost of production
　　C the present value of future income exceeds the cost of the investment plus interest on any money that you must borrow
4 C0 L" z* C2 ]: s0 x' n: g& g　　D you observe that your competitors are expanding their productive capital10 If Y and V are constant， and M doubles， the quantity equation implies that the price level
　　A more than doubles
, A; i1 S1 L5 M0 L; |) M$ F　　B less than doubles
　　C doubles
6 F& n8 g; B) ^4 F( t　　D might do any of the above
  a/ A3 j: y' W0 K) \　　E more information is needed