金融英语：FECT-1(8)单选题

会计考友

　　11. If a nation's interest rates are relatively low compared to those of other countries, then the exchange value of its currency will tend to ______ under a system of exchange rates.
　　A. appreciate... floating
( c% g2 F( Z( o3 ~5 {9 V: d　　B. depreciate...floating
　　C. appreciate... fixed
+ A% Q9 T5 L1 U  }+ Q4 n　　D. depreciate... fixed
4 D$ Y5 a  _& F$ H4 X1 A& b0 i　　12. Which of the following is true of a company's balance sheet? ______.
　　A. It displays sources and uses of cash for the period
　　B. It is unnecessary if both an income statement and a statement of cash flows are available
$ G2 t! Q; f4 b- J+ C　　C. It is a separate representation of the company's revenue and expense transactions for the year
　　D. It is an expansion of the basic accounting equation of Assets=Liabilities+Owner's Equity
, F" r3 Y6 f; L* L; z　　13. When Americans or foreigners expect the return on dollar deposits to be high relative to the return on foreign deposits, there is a ______ demand for dollar deposits and a correspondingly ______ demand for foreign deposits.
, _# D! y3 c! R( C* P& S% W* s. ?　　A. higher... higher
/ n; s# G( a% ~　　B. lower... higher
　　C. higher... lower
2 [" K, _3 u4 ?, A　　D. lower...lower
　　14. Velocity is the ______.
　　A. inverse of GNP
　　B. speed at which checking accounts are converted into cash
　　C. relationship between the price level and the money supply
# o  I5 U- {6 d+ w! |$ e1 G0 H4 q　　D. rate at which money turns over
　　15. Assume that of your $10 000 portfolio, you invest $9 000 in Stock X and $1 000 in Stock Y. What is the expected return on your portfolio? ______.
　　A. 18%
7 ~) P/ ~2 u1 X  }; y4 u% E& G　　B. 20%
　　C. 19%
　　D. 3%
　　16. Which of the following would you expect to find in a correctly prepared income statement? .
　　A. Cash balance at the end of the period
/ S+ D) O* W& G# h" c: o1 I! V　　B. Expenses incurred during the period to earn revenues
　　C. Contributions by the owner during the period
　　D. The reported company's financial position at a specific date
8 h% }0 _0 L- D) z8 \　　17. The concept of beta is most closely associated with ______.
- U9 ]2 i% I( J* n0 D! W* H  u3 e　　A. correlation coefficient
　　B. the capital asset pricing model
8 o' ?6 ~8 g. |$ M3 G0 m3 l5 L; D　　C. nonsystematic risk
3 }# e, j  G1 u. ]　　D. mean-variance analysis
　　18. The velocity of money for a given year can be calculated by ______.
　　A. dividing GNP by the money supply
　　B. dividing aggregate supply by aggregate demand
　　C. dividing the price level by the money supply
　　D. multiplying the price level by total output
+ F. N1 O9 q' N- h' q8 g　　19. The theory of purchasing power parity states that exchange rates between any two currencies will adjust to reflect changes in ______.
. Q0 F. u4 J' _　　A. the price levels of the two countries
　　B. the current account balances of the two countries
; O6 _2 u4 g& \" `/ `　　C. the fiscal policies of the two countries
　　D. the trade balances of the two countries
- F" a- @# C- n/ v/ q: W　　20. Before issuing a credit, it is important for the issuing bank ______.
　　A. to make certain of the importer's creditworthiness
　　B. to go through the contract terms
　　C. to have a thorough understanding of the exporter
3 ?6 T" s1 g# a) h# E( N　　D. all of the above
* Q& y1 Y: y# C　　答案：
0 \- j* r" C. M　　1.A 2.D 3.C 4.B 5.B 6.B 7.C 8.A 9.D 10.D
　　11.B 12.D 13.C 14.D 15.C 16.B 17.B 18.A 19.A 20.A