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
2 S2 [9 y5 [# ]. e, Y5 a: [  L7 j　　C. Buying stocks that are below average in value
" }5 x1 c; ]8 P" T　　D. A flat quarterly mutual fund fee averaged throughout the year
) e; o) {3 Y# L. j7 q, G　　E. A strategy of investing money on a regular basis to take advantage of market fluctuations
　　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
　　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 S7 w, a+ |2 f. M　　B. loaded on board, freight paid
* b: R% R8 r+ g. x　　C. received for shipment, freight paid
: Y# N0 D) V2 Y, _. `　　D. received for shipment, freight payable at destination
; R$ a" r1 P: Q+ m; `7 S- t　　14. The liabilities of the bank as shown in its balance sheet represent the ______ which it uses in its business.
3 |. Q1 J+ r6 C( v& f　　A. sources of the funds
- }4 U( k7 D* r2 O$ m; d) i7 n' K　　B. share capital
　　C. investments
" E0 C+ w/ z0 ^7 o7 t/ Y0 Y, _　　D. advances to customers
$ X, v/ y) P- b2 g, t　　15. International payments and other messages are often sent through an international computer network called ______.
: B- N/ ?# {" k7 }　　A. CHAPS
1 w, G4 T1 r7 b　　B. BACS
- g5 P% w1 J7 U. e, u+ d　　C. SWIFT
　　D. EIMT
( m$ |& [5 m. t! N. g  n+ f　　16. Low levels of uncertainty (risk) are associated with .
　　A. stocks
　　B. stock options
/ t6 `1 l/ N9 i1 i  L8 A: T　　C. higher potential returns
6 M; b3 \- Z: H+ y$ e2 c: c3 ]  k　　D. lower potential returns
0 j' c. ^* `: D& k5 x9 [1 k　　17. Government securities would appear on a commercial bank's balance sheet as ______.
; V4 r  ]2 W/ a. g- B5 ]4 s$ ~　　A. an asset
( p" h' M  R# |. K% @- s( K　　B. reserves
* r7 q3 x; M6 i4 m( p& k7 t　　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, ______.
5 j  e3 J6 z+ F% y　　A. there is no self-correcting mechanism
　　B. currency values become unstable
0 U+ u: }$ `* `, |1 |* Y　　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 ______.
　　A. four
+ Y" d" l4 b7 f2 S) D4 r　　B. three
　　C. two
' H+ N9 ^) {9 P2 n2 J; s　　D. five
　　20. Regulation of the money supply and financial markets is referred to as ______.
　　A. fiscal policy
　　B. income policy
　　C. monetary policy
( z9 _% D( Z$ @2 h, ~+ ]　　D. budgetary policy
　　答案：
6 b5 `  K' m3 z6 C. \; N% R  L　　1.A 2.A 3.C 4.A 5.D 6.D 7.A 8.A 9.E 10.B
; x+ b0 j1 c0 F& W( {　　11.E 12.D 13.A 14.A 15.C 16.D 17.A 18.A 19.A 20.C