金融英语：模拟练试题二

会计考友

1. The holder of preference shares has preference over the ordinary shareholders under the following circumstance: _______.
A. his voting rights are considered more important
2 u# |( M- h' F3 |, d; fB. he has the greater right in choosing the board of directors
) S7 g9 `* b! x) MC. he receives his dividend before the ordinary shareholder
  u0 u8 {7 g4 ED. he has the right to buy ordinary shares more cheaply2. What are the two major accounts in the balance of payments? ______.
* a$ t6 c* {# M% b# D1 L; CA. Current account and fixed account
B. Capital account and deposit account
2 I- K* K  I- WC. Capital account and current account
D. The account recording transfer payment and the account including an offsetting transaction3. Which of the following is not a financial instrument? ______.
# B: n6 E# [! x% nA. Treasury bills
/ E; P! F' S  S# lB. Real estate
& a  L) Y! I- Y3 n% l3 @C. Mortgages
( T7 {* T5 B4 U2 J8 A$ ^D. Stocks4. The yield to maturity on a bond is ______.
A. below the coupon rate when the bond sells at a discount， and above the coupon rate when the bond sells at a premium
+ `9 F7 B: u; {  l& \1 VB. the discount rate that set the present value of the payments equal to the bond price
/ _7 f% q; N! v: i* H! pC. the current yield plus the average annual capital gain rate
D. based on the assumption that any payments received are reinvested at the coupon rate5. The annual interest paid on a bond relative to its prevailing market price is called its ______.
2 T, f) i) d, K8 I3 z# D) CA. promised yield
B. yield to maturity
C. coupon rate
! y6 _6 j. `/ z* tD. current yield6. Rapid increases in the price level during periods of recession or high unemployment are known as .
: g8 q# Y8 @5 p. _  cA. stagnation
B. stagflation
- d; d  D9 p: W$ f( `" k+ E+ o- LC. slump
5 B5 q9 g! q) R) DD. inflation7. A person who left his/her job to look for another job would be classified as ______.
A. structurally unemployed
/ Z; e. M: [' R& SB. cyclically unemployed
C. frictionally unemployed
# k: {' U! ^8 @5 w2 A# z' D: JD. no longer in the labor force8. Which of the following is not included in a statement of owner‘s equity? ______. 9. If the Federal Reserve sells bonds and Congress cuts taxes and increases government spending，then the U.S. government has ______.
A. expansionary monetary policy and contractionary fiscal policy
B. contractionary monetary policy and expansionary fiscal policy
  C% w! [6 Q- _/ g+ j( LC. expansionary monetary policy and expansionary fiscal policy
& S; X3 z4 o; K+ U  `D. ontractionary monetary policy and contractionary fiscal policy 10. As the real wage rises， the substitution effect causes the worker to consume more ______ and less ______.
A. leisure...work
B. work...leisure
, H: i" z( B( ZC. work...of all of other goods
# ^- _5 F% u# ]. fD. leisure...of all other goods