. When a country runs a foreign trade deficit under a flexible foreign exchange rate system, its .
0 h4 |2 c! ?5 y1 A. ~. Q A. imports automatically increase
9 B+ P6 `1 ?8 x) ~' C9 n/ e- o+ u B. currency automatically depreciates1 B' E8 a, r! _9 o
C. exports automatically decline
' p1 u) Y. d; O0 f9 L5 H D. currency automatically appreciates
& s* K: ^# y7 ^4 D& X) q: p 2. Which of the following statements is not true of accounting? ______." T7 N& y |; ?9 J
A. Accounting is language of business) Y: u1 \$ L7 W! S% T+ X
B. The user of accounting includes business, government, nonprofit organizations and individuals.
) W) n$ J! V7 B- z C. Accounting is useful for decision making
) u6 H& \$ g& ~ x* V: }& P D. Accounting is an end rather than a means to an end
# \/ l- y. ~( n1 g3 ^4 v 3. The term foreign exchange is best defined by the following statement: it is ______.
8 t1 S" j* s# }0 i A. the rate of exchange between two currencies6 V3 n; Y3 ~0 V, n* H
B. synonymous with currency exchange7 H: l( R) W- m) R& n
C. the place in which foreign currencies are exchanged
) F( v; `8 }' O J0 C P D. an instrument such as paper currency, note, and check used to make payments between countries. x$ H& o; j1 E8 `8 A
4. What is Asset Allocation? ______.
4 [3 y8 q/ N6 A% u/ Q A. Buying assets of different types, risks, and potential returns
4 H9 R q, g+ t' q B. Buying assets with more than one brokerage account4 B _/ }% j* S% m, ]
C. The ability to buy mutual funds+ a# _2 a! T, ], T% l
D. Buying stocks for the long term
0 K. M! A# y6 x. m 5. External users of financial accounting information include all of the following except .# H$ X/ {& j+ ] Z9 b
A. suppliers
# U' e8 h1 j& L7 s# ] J' K B. line managers8 x: R: A% T7 N) T$ X& p9 k
C. general public
C j/ b" S+ u/ M( Z7 | D. creditors
) w( e1 A J7 D( w8 ^/ p 6. CAPM is short for .- S- E6 v2 e; _7 D4 a% P
A. Capital Asset Pricing Model
8 H' ]* R8 v: c8 Q B. Cash Added Price Matrix# T- @' B! z$ D' x/ Y/ ?/ C
C. Capital Asset Pricing Matrix% c& T1 e+ z4 X# e5 k& ? |8 i# _
D. Cost and Price Model
* I4 s, ?& H# o2 ]/ X9 O3 r# J2 [ 7. Liquidity measures the ______.
# C- i* Z5 e# @$ h- ~ A. value of an asset: {7 O5 Q! W7 I' _/ ^( M
B. ease with which an asset can be exchanged
7 E* ~3 f( z) M# ^ C. usefulness of an asset
9 @7 P2 Z5 i8 f, f D. economic and monetary reliability of an asset compared with other assets; X# `; p( [2 I; h! g/ n9 Q
8. In a letter of credit transaction, the bank pays the seller against ______ which agree(s) with______.
7 _) d0 C5 l; Y" Y5 t A. documents... the credit& B" I G4 ~" v' G [. C
B. merchandise... the contract
% Z6 x% f% D2 z* x C. documents... the contract+ j2 i2 G8 O, m1 |* @2 M* _* V1 ?3 |! a1 x
D. merchandise...the buyer ordered
/ v2 V. B3 x3 T! g0 d1 }5 W5 c 9. A barter economy is one that does not possess _______.
G: H/ D7 _( R j A. any wealth$ c, Z% k: [ w+ F% u3 f" k
B. printed currency2 S) U. _ F$ M$ ~: \2 ^; U
C. a medium of exchange
8 L. s# z2 `& H5 L5 x D. gold$ H2 ^) a/ q! r) ?
10. Which of the following is not true of airway bill? ______.
9 T; l# {3 N, e$ f$ u! V A. When goods are delivered to the airline, the airway bill is signed by them or their agents as a receipt of the goods$ K, \, p9 M, V
B. Airway bill is a document of title to the goods
+ C" K4 s' _5 H: C E. o C. Airway bill may also provide evidence of despatch of the goods where it has been stamped indicating details of the relevant flight
% N5 d8 t: V- E% {8 T' F D. None of the above |
发表于 2012-8-16 08:05:44
