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。
( h2 F- l/ D T A.is in( J" h# v+ z( w1 g( [
B.loses! A! A6 |% w( [! F6 T
C.retains4 _6 }8 g0 s/ y) @) T8 o
D.gives up7 f# J' _ [. h9 s3 M1 U! m7 f
42.The primary purpose of showing special types of events separately in the income statement is to 。$ z- @0 Y! y0 |- H$ V
A.increase earnings per share
# P4 R$ W4 f7 {$ U B.minimize the income taxes paid on the results of ongoing operations3 M# k: o% j" N2 ?% i ~
C.prevent unusual losses from recurring
6 O3 S7 N& E# p9 R; X D.assist users of the income statement in evaluating the profitability of normal， ongoing operations4 d1 o y" ^/ j0 l6 T! O. C/ D2 @
43.If commercial banks have ample excess reserves， a lower discount rate will _______。! I2 J# ^5 E( u7 R
A.encourage them to borrow more
2 \* ]9 m$ u- L. X( D7 S4 _) a B.encourage them to raise interest rates on loans+ Y" p) E* z0 `
C.have little impact on bank behavior* w9 G* T' C; S2 g2 C4 i
D.increase bank reserves2 Q- K4 [4 U2 I& N K
44.A bill of lading is a receipt for goods.When is a bill of lading issued？ ______。
; f+ q; X0 G$ I" ^; Z A.When the shipper makes up the order! s1 B( A4 X% Z1 u# S
B.When the carrier receives the goods
, ]" W& q+ d' g1 n+ ^9 H: C C.When the carrier delivers the goods to the consignee
! t: F: ?9 d" M9 G3 ?' L+ a D.When the manufacturer produces the goods: Q& ~( t9 J, r$ Y N
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 ______。/ Z. R+ } p( Z. \4 Y% @* c3 V
A.a $12 000 gain and a $92 000 cash receipt
& |( X, B% B& o% B3 o/ i8 q7 J B.a $92 000 gain and a $80 000 cash receipt+ N$ Q( q. I6 w
C.a $12 000 gain and a $80 000 cash receipt( g# y$ d9 e/ Z) m
D.a $92 000 sale and a $92 000 cash receipt
( ^5 [- p' X5 L! w# ` F1 o 46.Which of the following central bank actions would be appropriate to combat rapid inflation？ 。2 o6 `5 \& T+ r$ Z' s V
A.A reduction in the discount rate
* d+ e: r* k8 _- h/ t B.A reduction in reserve requirements
% m- k+ o; f% A2 | C.A cut in taxes
+ P" t: Z: d; r6 U D.A sale of government securities
! t5 j: @0 {3 }5 a9 J 47.In a currency pair， the first currency is referred to as ______ and the second as ______。 b. v% d+ h8 B5 m- H" d' [
A.the base currency…the counter currency: g1 J5 D8 J- I1 W. V8 {
B.the quote currency…the base currency% j& ]/ |" A( a7 }0 x5 s
C.the base currency…the exchange currency, x& }& t+ T5 n" M7 i
D.the trade currency…the base currency D/ X7 X' e1 _
48.What is the expected return of a zero-beta security？ ______。' c! U) w% S* p: U1 ?; {
A.Market rate of return
- w/ |, V) X" A6 F1 b B.Zero-rate of return$ |4 c7 E# G8 w3 F: @
C.Risk-free rate of return. Q6 \ k! N, C9 R- K6 ]3 r; y v4 u
D.Negative rate of return
* z5 Z8 @# g; i, ^ 49.Capital asset pricing theory asserts that portfolio returns are best explained by ______。
$ o5 @' y5 e! w# }* l A.economic factors
& \ b9 R/ E( Z# q9 J B.systematic risk& U% X3 I3 v2 f! p p: A
C.specific risk
W. y7 n% K9 ~- e* v2 ` D.diversification
' U3 D: ^5 A: U ~, S% U 50.The______ informs the beneficiary that another bank has issued a credit in his favor without adding its own engagement。
3 G7 a1 X- F" H* Z% S/ F" i' z ] A.advising bank
6 `" h# V6 `+ [0 n# `( m B.confirming bank& ~; q: F- l# q* m- Z% N, x
C.drawee bank |
发表于 2012-8-16 08:05:44
