金融英语：模拟练试题三

会计考友

1 The financial statements that are dated for a time periodare the
A balance sheet and income statement
B income statement and statement of cash flows
C balance sheet and statement of owners‘ equity
; H6 e* f! _5 l( U! v2 L9 QD all of the above
2 Which of the following is an example of off-balance-sheet financing? ______
A Operating lease
B Debenture bonds
C Current portion of long-term debt
D Convertible bonds
3 Borrowers can gain access to the surplus funds of savers ______
A by issuing securities to savers
& Y; H$ E. \) D. G# u6 @B through financial intermediaries
/ m7 h1 s7 K3 N7 N- iC by purchasing securities such as stocks and bonds
4 b  O2 e& I' `  o: X" V  I. dD all of the above
E both A and B
4 Which of the following assets are most liquid? ______
A High grade corporate bonds
; d$ i. S% ]$ d1 qB Time" deposits
8 H# M* R/ m6 ~; M5 ]- Z& ?; c9 R1 N. wC Stocks in General Electric Company
D Passbook savings deposits
  o, K8 k- P0 K$ j5 Secondary markets for securities
6 A* x5 X/ [2 o; \9 BA deal only in bonds
/ e4 H. @( z! e$ hB are markets primarily for the initial sale of new issues
C are markets for trading in outstanding debts and equity claims
+ o% t1 l' g0 x  B  X* gD are also called "investment banks"

会计考友

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
" w+ z8 R9 V2 t: e3 R" {% \A future value
B present value
C deflation
D interest
0 [3 X6 w" ^6 U7 v7 Which of the following would not result in a credit entry in the China‘s balance of payments?
A The sale of a piece of furniture to a business firm in Japan
B Interest and dividends paid on foreign investment in China
  n2 h3 C! w8 RC Interests on a Chinese bank deposit in the United Kingdom
D An increase in foreign investment in China
( O. s  r- o% L% p" y2 b8 Futures contracts can be ______
A used as protection against large price swings
B countered by an offsetting purchase or sale
" p9 y" T1 m8 m$ M7 e# O( yC participated by hedgers or speculators
, _- X1 k* v0 C' ]) ~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 ______
A you are able to obtain the necessary funds at a low nominal interest rate
0 E, w5 L! [2 K4 ^+ p* JB 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
. l9 }% z2 N  fD 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
, t0 I2 d* B8 |$ U6 U- h6 G! P  VA more than doubles
4 F) R, `3 Z- J$ K& dB less than doubles
C doubles
0 N4 h  L! J1 iD might do any of the above
# B+ S0 B) J  e+ Q0 i! |E more information is needed