金融英语：FECT1（4）单选题

会计考友

　　1. When a country runs a foreign trade deficit under a flexible foreign exchange rate system， its .
　　A. imports automatically increase
2 x8 _* Z% s- m! q5 ~% J! \1 d　　B. currency automatically depreciates
　　C. exports automatically decline
  }7 j9 z, j- C" J/ u( n( U　　D. currency automatically appreciates
　　2. Which of the following statements is not true of accounting？ ______.
　　A. Accounting is language of business
) Q! _2 m% W, {, R' Z# z　　B. The user of accounting includes business， government， nonprofit organizations and individuals.
% t% ], d) w& w# p9 j: k　　C. Accounting is useful for decision making
0 c1 F6 O' M8 o9 I　　D. Accounting is an end rather than a means to an end
　　3. The term foreign exchange is best defined by the following statement： it is ______.
　　A. the rate of exchange between two currencies
* \2 X2 v, B2 M　　B. synonymous with currency exchange
+ T* P6 O; }; n$ W1 g　　C. the place in which foreign currencies are exchanged
, ~, {$ D+ T9 l" i7 p　　D. an instrument such as paper currency， note， and check used to make payments between countries
7 M" Z& \  v$ ^- p9 h　　4. What is Asset Allocation？ ______.
& A4 x" j' n3 \　　A. Buying assets of different types， risks， and potential returns
/ H# b4 e  N. g9 ?8 ~+ X$ u　　B. Buying assets with more than one brokerage account
　　C. The ability to buy mutual funds
" |( R4 t( Z# a3 o" X　　D. Buying stocks for the long term
　　5. External users of financial accounting information include all of the following except .
' D% }' |9 J4 C8 h　　A. suppliers
　　B. line managers
　　C. general public
　　D. creditors
+ ~$ O5 J' Z2 x+ \' t) L: c( }　　6. CAPM is short for .
" [: B$ p) @# t+ L　　A. Capital Asset Pricing Model
　　B. Cash Added Price Matrix
　　C. Capital Asset Pricing Matrix
* b  e$ [' I; F% A$ c' Z- S+ H  L　　D. Cost and Price Model
　　7. Liquidity measures the ______.
, U3 V' E) h1 p　　A. value of an asset
9 b+ [7 @6 l/ k% t3 ~　　B. ease with which an asset can be exchanged
: U) M+ N6 Q. @& s( `　　C. usefulness of an asset
　　D. economic and monetary reliability of an asset compared with other assets
　　8. In a letter of credit transaction， the bank pays the seller against ______ which agree with______.
　　A. documents... the credit
　　B. merchandise... the contract
$ V9 ?4 N* D6 c* W4 A" c　　C. documents... the contract
) O4 o$ |  O( ]6 c+ {# Z　　D. merchandise...the buyer ordered
　　9. A barter economy is one that does not possess _______.
5 }9 C# [9 u  _  ]+ J/ B　　A. any wealth
' A8 l7 ?6 J" l) c. a# |4 Z　　B. printed currency
　　C. a medium of exchange
# T1 f! @2 ?1 ]) z# E3 D　　D. gold
　　10. Which of the following is not true of airway bill？ ______.
　　A. When goods are delivered to the airline， the airway bill is signed by them or their agents as a receipt of the goods
7 E5 m1 g! V' C4 z- p, u+ g" C! V　　B. Airway bill is a document of title to the goods
: n, l  S( d/ U6 A8 Z　　C. Airway bill may also provide evidence of despatch of the goods where it has been stamped indicating details of the relevant flight
　　D. None of the above