61. The statement of cash flows is designed to assist users in assessing each of the following, except .
) K' c$ E1 l* X3 R5 HA. the ability of a company to remain solvent $ y6 X# i$ ~6 z- \3 c) S
B. the company's profitability
4 `! f8 G& e7 vC. the major sources of cash receipts during the period
|/ B2 T u. U8 dD. the reasons why net cash flows from operating activities differ from net income - r. s( Z' z5 r
62. Which of the following is a main policy tool of the central bank? ______.
^9 G8 A7 x/ Q; J, `' u. CA. Taxation
; J2 M: W: z& Q4 u1 N' GB. Open market operation 7 u* C& ^8 V2 P H5 ~) R
C. The prime rate
; K- Q- Q) N1 F8 U* x4 P: [D. The money supply 4 c' B! U; q/ Y; \
63. Which of the following is not included in the statement of cash flows, or in a supplementary schedule accompanying the statement of cash flows? ______.
2 B& e* {9 @! JA. Disclosure of the amount of cash invested in money market funds during the accounting period
& b) L ~7 w* q# h7 _B. A reconciliation of net income to net cash flows from operating activities % g$ A: Y ~ R3 b& v7 L" A; _. {
C. Disclosure of investing or financing activities that did not involve cash % L5 ^. P! [, [6 ~: ]
D. The amount of cash and cash equivalents owned by the business at the end of the accounting period 0 R8 {$ c! A; v4 a/ l
64. The yield on bank reserves is equal to ______. - g1 Q' S" |, v7 V+ M9 T: X; C
A. the discount rate
% o( `9 [2 J" R W; e4 NB. the prime rate 2 B. d# b( F7 P) \
C. a specific rate decided by the central bank
9 z9 S& u# ?" j- `D. 0 percent 1 R2 q" g3 c% k+ f5 q) I3 v3 M
65. The feature of APT that offers the greatest potential advantage over the simple CAPM is the . 3 B ~# p! Z2 ~* Y9 A
A. identification of anticipated changes in production, inflation, and term structure of interest rates as key factors explaining the risk-return relationship ) C$ R# e) Z1 `: H2 W
B. superior measurement of the risk-free rate of return over historical time periods
9 g* D) o9 v0 [9 M ZC. use of several factors instead of a single market index to explain the risk-return relationship 5 x7 w; P% S9 b0 j y6 f8 p
D. variability of coefficients of sensitivity to the APT factors for a given asset over time
" q- V; w$ C& x6 Z; W66. In documentary collection, the exporters present the documents to ______ after the goods have been shipped.
$ B% T" T7 p) w eA. the remitting bank & c* r! y7 `" [. w: D+ N6 W
B. the collecting bank
! e. @) n' \; OC. the reimbursing bank
d# R9 ]3 |9 ~( x, O7 TD. the opening bank
0 z! \* W( Z9 ]% a* m6 c67. 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.
' r* u/ {2 |% _# _1 d" b& `A. fewer...rise...decline $ n: j+ h7 |- ~2 L
B. more... decline... rise, q8 F1 f8 k' l9 e2 A
C. more... rise... decline 9 {, l4 F" O2 Y" ~8 \6 w
D. fewer...rise...rise
# p" A5 |! n3 ?6 Q68. 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? ______. 2 q- t0 ~/ D* T3 B) B
A. He is obliged to pay as the documents were in order - ~6 p3 a [8 _' ?
B. He can instruct the issuing bank not to debit him * c7 r. {0 Z, P
C. He can pay a reduced amount to compensate for the inferior goods % F' L1 q7 g L# X
D. He instructs the issuing bank to return the documents with a payment refusal statement to the beneficiary ( g1 `8 y# {( p* j9 }+ s% C* d
69. Which of the following would be considered a Eurodollar? . 2 P' h1 p- [% {2 H* r) d2 N
A. A U.S. dollar in a bank outside the U.S.
. v+ _' |" [0 r# |, \/ R0 e8 VB. A U.S. dollar held as an international reserve asset by a foreign central bank
4 @2 R/ D; r: H: yC. A Federal Reserve note (a dollar bill) in the pocket of a tourist visiting Europe
( w$ J% S) {& d. m* a$ k# N1 oD. None of the above
+ c- {7 }5 I" s8 |70. 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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