金融英语：FECT-1(4)单选题

会计考友

　　11. What is Dollar Cost Averaging? ______.
　　A. A brokerage account that gives investors cheap trades
　　B. The idea that prices tend to rise over the long term
; r% N/ X4 D/ v2 E5 t3 L　　C. Buying stocks that are below average in value
4 `1 C4 ^. ?9 R6 G$ S$ g　　D. A flat quarterly mutual fund fee averaged throughout the year
　　E. A strategy of investing money on a regular basis to take advantage of market fluctuations
$ }% d7 @0 D  K8 `( H2 g. W. u# Q　　12. From a Chinese bank's point of view, the currency account which it maintains abroad is known as______, while a RMB account operated in China for a foreign bank is termed ______.
　　A. a vostro account... a nostro account
2 p3 ^3 P' j0 U/ B( w　　B. a vostro account…a mirror account
　　C. a mirror account…a nostro account
　　D. a nostro account... a vostro account
　　13. Under FOB terms the bill of lading would state goods ______.
　　A. loaded on board, freight payable at destination
9 Y3 \; D4 W- [5 k" t4 F0 i) H　　B. loaded on board, freight paid
　　C. received for shipment, freight paid
, S$ T6 Z, o8 K# }　　D. received for shipment, freight payable at destination
　　14. The liabilities of the bank as shown in its balance sheet represent the ______ which it uses in its business.
9 y& a) C6 L0 U$ L7 l$ X$ a' m. ^　　A. sources of the funds
　　B. share capital
　　C. investments
　　D. advances to customers
　　15. International payments and other messages are often sent through an international computer network called ______.
　　A. CHAPS
　　B. BACS
9 c0 e; A: D9 H% K　　C. SWIFT
5 @3 G. G, P' W* K0 S( L　　D. EIMT
9 D5 J& h. D% [( }& ]/ r/ E& ^　　16. Low levels of uncertainty (risk) are associated with .
3 w% ^! M  C, }+ `' M% s　　A. stocks
! J5 W, p$ U: _2 v6 z7 J+ _, l　　B. stock options
/ z% M2 P+ c" J& R* D: t' d8 E/ _; S* x　　C. higher potential returns
　　D. lower potential returns
- r: Y4 @6 u0 y4 A7 E( w　　17. Government securities would appear on a commercial bank's balance sheet as ______.
; H6 x  U8 y5 U　　A. an asset
　　B. reserves
　　C. part of net worth
　　D. a liability
　　18. A major problem with a fixed exchange rate system is that when countries run foreign trade deficits, ______.
　　A. there is no self-correcting mechanism
　　B. currency values become unstable
　　C. the value of the reserve currency declines
　　D. world inflation increases
　　19. In a particular economy banks are required to keep 25 percent of all deposits in the form of reserves; this gives a credit-creation multiplier of ______.
, z4 t3 \# W* h& Y　　A. four
　　B. three
% o3 j! W6 J: Z  v  X* j* ]" ]　　C. two
　　D. five
$ g" k6 f; S- z6 h* s. U5 `　　20. Regulation of the money supply and financial markets is referred to as ______.
9 R' V. g1 |( B$ O* b$ Q　　A. fiscal policy
　　B. income policy
2 P! p1 O# M! i( I　　C. monetary policy
8 o9 i1 @; W- p0 k$ L' l　　D. budgetary policy
　　答案：
" J- t' X% u$ v6 }* R　　1.A 2.A 3.C 4.A 5.D 6.D 7.A 8.A 9.E 10.B
6 v8 ^7 j9 F& O6 M　　11.E 12.D 13.A 14.A 15.C 16.D 17.A 18.A 19.A 20.C