. When a country runs a foreign trade deficit under a flexible foreign exchange rate system, its .
( r% N$ b; G5 D) E: z A. imports automatically increase6 \+ T2 q: c0 c8 }
B. currency automatically depreciates
- ^% v- T" X- N4 W- g) o; Q+ m C. exports automatically decline: O0 |& j5 k, \- g- y/ g; K, W* q
D. currency automatically appreciates
! `# \& y( Z5 c7 X( e" Q; Y 2. Which of the following statements is not true of accounting? ______.6 D; {7 k9 F' f: o
A. Accounting is language of business- |+ l6 l" T5 j0 o& N/ {5 L6 X
B. The user of accounting includes business, government, nonprofit organizations and individuals.3 S4 O8 T- q9 ]0 F5 T+ c
C. Accounting is useful for decision making
! }" r' H" @1 | j: ~ D. Accounting is an end rather than a means to an end
7 S- a2 A( Z6 E; J% I0 s( n! a 3. The term foreign exchange is best defined by the following statement: it is ______.
3 N m* p1 ?( S/ K) W& w A. the rate of exchange between two currencies! j) x& _, y0 q3 Z* Q
B. synonymous with currency exchange2 G( w; Z; h4 l- B
C. the place in which foreign currencies are exchanged7 A9 a0 s) u% }
D. an instrument such as paper currency, note, and check used to make payments between countries
' i3 K5 l7 u, U8 J2 |( l! _ 4. What is Asset Allocation? ______.# r. ?. m6 ~( `. }) P: P
A. Buying assets of different types, risks, and potential returns8 e2 A' R4 P7 z
B. Buying assets with more than one brokerage account
( I" w% s* R% m: R C. The ability to buy mutual funds4 `! g3 w4 d$ J! |: X
D. Buying stocks for the long term" u. I, u) H, e) T9 R$ u
5. External users of financial accounting information include all of the following except .
' R# _* o& _; [& N A. suppliers1 d; x& |7 W, ~5 H/ V. g% g: A
B. line managers
, E. C1 o# J0 F: V' S C. general public( S K4 w1 ~ R0 q3 |
D. creditors
( P l( X' L. q% o+ b8 B! g 6. CAPM is short for .: p: u9 Y6 ~6 x6 |" }6 y. W6 c5 _- n
A. Capital Asset Pricing Model9 u! }: R' D+ L# T: q
B. Cash Added Price Matrix
( `, d& j a! Q0 ^3 p4 D# j* Z. L8 L C. Capital Asset Pricing Matrix
+ D% K2 F4 }; ?6 V- H9 L. a9 X D. Cost and Price Model* q; b6 ?) d6 D: R/ b/ E* t; f
7. Liquidity measures the ______.
% Y9 p, v4 H2 a# O' t& e+ B A. value of an asset; d) v7 z* L: W% t# ?
B. ease with which an asset can be exchanged
- \9 y# {* w H C. usefulness of an asset
/ q P' X) P+ D2 P' c, \ D. economic and monetary reliability of an asset compared with other assets
8 {. z1 z8 }- g( ~5 k6 Z0 z) l$ ?1 Z 8. In a letter of credit transaction, the bank pays the seller against ______ which agree(s) with______. c8 x" ^) Z' e" @1 [4 J
A. documents... the credit W" }8 r$ R: d1 m9 T0 Y
B. merchandise... the contract
9 _. J/ n5 i3 E' v5 I C. documents... the contract1 q/ z2 H' t4 G: w
D. merchandise...the buyer ordered- D6 m8 {8 }1 c8 X( j
9. A barter economy is one that does not possess _______.
1 e. I5 d% L! T6 X1 H) B) ]+ O A. any wealth
9 b/ Z* r' S& A# F8 q. F3 _ B. printed currency( ^9 s, c7 u, w0 ?( F# @
C. a medium of exchange* X* u: g4 f. T4 b9 y
D. gold3 e5 E4 d; C6 j4 z$ |8 j
10. Which of the following is not true of airway bill? ______., [$ ~$ J" m9 Z" Y1 s& q
A. When goods are delivered to the airline, the airway bill is signed by them or their agents as a receipt of the goods
5 t6 @& h9 \+ Y8 B' K& r& z! L B. Airway bill is a document of title to the goods9 A1 x) E. r S% Q- Z& j
C. Airway bill may also provide evidence of despatch of the goods where it has been stamped indicating details of the relevant flight# p1 ]) W% x. b3 V4 C4 ]
D. None of the above |
发表于 2012-8-16 08:05:44
