2011年金融英语考试模拟试题（2）

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　11．ABC Co．Ltd．has a $3 500 account receivable from XYZ Store．On March 20， XYZ makes a partial payment of $2 100 to ABC．The journal entry made on Mdrch 20 by ABC to record this transaction includes ______．
5 r' Y0 N: o7 {2 |8 F! c# f$ V　　A．a debit to the cash received account of $2 100
! J+ J; v0 H! P　　B．a credit to the Accounts Receivable account of $2 100
　　C．a debit to the Cash account of $1 400
. H; x" @0 j" R9 G+ L　　D．a debit to the Accounts Receivable account of $1 400
　　12．Intervention in the foreign exchange market means the government ______．
9 {' k' v: Z# h0 `9 Z　　A．restricts individuals from buying and selling foreign exchange
　　B．restricts the importation of certain goods
# O& N. z" W8 F1 \2 B　　C．or central bank buys or sells foreign exchange
/ r/ U0 N% ^' E' }6 o" Z　　D．devalues the currency in the foreign－exchange market
　　13．Which of the following is not a form of counter trade? ______．
　　A．Counter purchase
# O  k, }5 ]3 D# q　　B．Buy－back C．Offset
　　D．Balance trade
　　14．A credit to a revenue account ______．
/ Q/ p4 x+ {1 S, ^: ]　　A．decreases revenues
　　B．increases equity
- K# o0 g% Z& g& b* a( E% v　　C．decreases equity
　　D．increases assets
' n# D( Z, n2 n% A3 F8 L6 p　　15．If the government guaranteed that anyone wishing a job would be provided one， the likely result would be ______．
　　A．massive layoffs
　　B．an increase in the money supply
% Q, N, i4 ~* u, ?+ @　　C．an increase in inflationary expectations
　　D．the development of a barter system转贴于 265考试网 http：//www．265ks．com/
　　16．Given $100 000 to invest， what is the expected risk premium in dollars of investing in equities versus risk－free T－bills（U．S．Treasury bills） based on the following table? ______．
　　Action Probability Expected Return
　　Invest in equities0．6$50 OOP
( S  S; K- R' J- G　　0．4－$30000
+ O* N' Z7 B; I) T% s, G: ]9 x* l　　Invest in risk－free T－bill1．0$5000
　　A．$20000
　　B．$18000
& {+ d( z8 A& _. x8 ?" ]) y1 y　　C．$15000
8 a% Y) B$ Y$ l7 H5 B8 s　　D．$13000
, j+ v) V# ^& I: Q, d) {) J　　17．Economists assume that most people take risks ______．
9 i& Y4 X6 x! K" a- j: z　　A．because doing so is exciting
　　B．only when they have no riskless alternative
  @1 O( b. l% W3 c+ {, f9 h　　C．very infrequently
9 Q6 q# L' L' u! }　　D．if they are compensated for taking the risks
  [' q9 B0 S" L3 E& g' f9 W% @+ \　　18．The Phillips Curve shows the relationship between ______．
; b6 P; ]/ _- k9 Y! X# C　　A．aggregate demand and aggregate supply
　　B．interest rates and inflation
　　C．recessions and booms
　　D．inflation and the unemployment rate
& H0 h* {5 a( x　　19．In a fixed exchange rate system， speculative selling of a currency is based on anticipation of ______．
! H) \9 s) P9 o% ~　　A．appreciation
　　B．devaluation
　　C．a foreign trade surplus
　　D．interest rate increase
　　20．A collecting bank is employed by ______．
　　A．the principal
& o5 y* x' p: D, g. i, A) u& S' J　　B．the remitting bank
　　C．the drawer
　　D．the drawee， who is its customer