61. The statement of cash flows is designed to assist users in assessing each of the following, except .
8 K9 ^9 F/ L$ P0 q% q# i* gA. the ability of a company to remain solvent # c ]9 g/ ^$ V1 q$ T! p
B. the company's profitability & E; ?6 y. H8 P: J, v3 _' K
C. the major sources of cash receipts during the period
; H5 e! U. V3 qD. the reasons why net cash flows from operating activities differ from net income
- n% o* u& v$ {3 Y62. Which of the following is a main policy tool of the central bank? ______.
- e) u8 @5 ~( b& zA. Taxation
0 @8 l& K L$ [, yB. Open market operation
! a' V( I C4 j9 y7 c! W- g$ YC. The prime rate Z+ S+ O k7 R$ p) n
D. The money supply
1 Q" Z4 W- r9 G63. Which of the following is not included in the statement of cash flows, or in a supplementary schedule accompanying the statement of cash flows? ______.
1 m# [3 g3 Z; CA. Disclosure of the amount of cash invested in money market funds during the accounting period
) l; w1 T/ a* U; w: o6 w+ x) ]B. A reconciliation of net income to net cash flows from operating activities ; y1 X3 _$ L/ C8 F$ h$ D4 ?1 D, l
C. Disclosure of investing or financing activities that did not involve cash
2 |( w3 l% z3 rD. The amount of cash and cash equivalents owned by the business at the end of the accounting period " c; O& k) f4 E
64. The yield on bank reserves is equal to ______. : V1 n* W, x1 d! C1 N
A. the discount rate ( a; p, O3 Z- U( C" t W4 f! W, Z
B. the prime rate # t" Y! F) a1 Z$ v
C. a specific rate decided by the central bank
3 C; Y: H% _) y( B) t5 {& w/ r) {& {D. 0 percent 3 C* b8 t( |- ~& z V8 T& T) n
65. The feature of APT that offers the greatest potential advantage over the simple CAPM is the .
2 `! u+ v3 |4 d; WA. identification of anticipated changes in production, inflation, and term structure of interest rates as key factors explaining the risk-return relationship
( `5 Z6 p! X! Q# B9 A* |+ c) L8 p6 KB. superior measurement of the risk-free rate of return over historical time periods
2 s7 X9 y& ^; v0 f7 K, @C. use of several factors instead of a single market index to explain the risk-return relationship 8 Q8 y8 A3 }; ~8 r* Z
D. variability of coefficients of sensitivity to the APT factors for a given asset over time , b! N) V2 ~- \+ y/ a" K4 o' D
66. In documentary collection, the exporters present the documents to ______ after the goods have been shipped.
. ~3 ]0 L8 j5 G% Z, {2 OA. the remitting bank
) M3 i3 Z% I6 zB. the collecting bank
+ H$ c8 l s) S1 CC. the reimbursing bank ) S1 }3 g6 z z R
D. the opening bank
7 S H! |0 e% Q% A! X9 O6 }( E' {67. If a bank has ______ rate-sensitive liabilities than assets, a ______ in interest rates will reduce bank profits, while a ______ in interest rates will raise bank profits. : V; m3 r& Y9 t) c" p
A. fewer...rise...decline
# n, f& h2 M- C0 \4 hB. more... decline... rise7 Y1 C4 h+ a; ]( j3 U) e! I* l5 Y
C. more... rise... decline
% d- M! m5 Q6 j5 D7 H* T( _. ~ RD. fewer...rise...rise
6 P7 b1 b1 k9 E* L0 ?. L68. An L/C applicant is unhappy with the goods he receives. He is due to pay a term bill of exchange. Which of the following course of action could take place? ______. 6 f& n( p1 Z% v
A. He is obliged to pay as the documents were in order
; ^7 ]. B# |, q3 ?5 |B. He can instruct the issuing bank not to debit him . u% J/ g6 n& N$ ~. H* F
C. He can pay a reduced amount to compensate for the inferior goods
; S# n7 P. T" d, E4 |" _3 d HD. He instructs the issuing bank to return the documents with a payment refusal statement to the beneficiary
2 o; y4 M( T0 _ \/ l8 y2 N69. Which of the following would be considered a Eurodollar? . 7 I7 }2 C6 l+ n, ]/ m
A. A U.S. dollar in a bank outside the U.S.
" Y: j* B" X$ I/ Y/ [( j: P, y; tB. A U.S. dollar held as an international reserve asset by a foreign central bank
4 h2 }8 u& @% k4 O; w1 tC. A Federal Reserve note (a dollar bill) in the pocket of a tourist visiting Europe 9 r4 l, w# T! z$ t* f
D. None of the above
3 @" I" `3 O' Z* i Z9 D2 I70. Which of the following is usually least important as a measure of short-term liquidity? . |
发表于 2012-8-16 08:05:44
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