金融英语单选测题—FECT（4）

会计考友

　　1. When a country runs a foreign trade deficit under a flexible foreign exchange rate system, its .
" `) n9 m7 A* A+ n& g　　A. imports automatically increase
) w+ @4 r  q4 M- [5 G6 J2 D' ?9 b　　B. currency automatically depreciates
' O6 v7 j- I% J　　C. exports automatically decline
1 {; z& \7 ]( \. I4 Q/ A: k- e　　D. currency automatically appreciates
7 m5 F3 D: U$ z/ h  h( k　　2. Which of the following statements is not true of accounting? ______.
& x* Q( F% }: w, N5 g) S4 U　　A. Accounting is language of business
　　B. The user of accounting includes business, government, nonprofit organizations and individuals.
& A7 S5 _, ~* Y: ?　　C. Accounting is useful for decision making
/ k8 c: s( `( v) w3 }/ G　　D. Accounting is an end rather than a means to an end
: K$ \7 i/ `/ k/ N( n　　3. The term foreign exchange is best defined by the following statement: it is ______.
　　A. the rate of exchange between two currencies
　　B. synonymous with currency exchange
# g! O, L, K6 Q+ O) M7 Z6 E8 X　　C. the place in which foreign currencies are exchanged
　　D. an instrument such as paper currency, note, and check used to make payments between countries
. d4 ~& g; j) C. R  m- m0 m, X　　4. What is Asset Allocation? ______.
1 H! z* @% M' O5 H" R# R9 S) d+ C/ N9 P　　A. Buying assets of different types, risks, and potential returns
　　B. Buying assets with more than one brokerage account
　　C. The ability to buy mutual funds
- `: H# u; N% w5 Q! [) p　　D. Buying stocks for the long term
, H+ o2 o0 }3 B" K　　5. External users of financial accounting information include all of the following except .
　　A. suppliers
' ~  C- Q1 g$ A7 V7 Z6 Z2 d　　B. line managers
　　C. general public
8 s% z3 Y2 ?2 M, P: K0 Z　　D. creditors
* B3 j* x2 ^  ]  w4 r　　6. CAPM is short for .
, [9 ?# b- U: ~) M" S( r　　A. Capital Asset Pricing Model
- g7 o& H$ H9 O　　B. Cash Added Price Matrix
: C- M/ Z. f* j& U& N1 |+ z1 e! g　　C. Capital Asset Pricing Matrix
7 S  O! l" C5 O7 T$ r　　D. Cost and Price Model
' h! t  s8 I- q% k' M* K　　7. Liquidity measures the ______.
　　A. value of an asset
4 K; z6 {& p) ?* h) ~4 g0 q　　B. ease with which an asset can be exchanged
% z/ |- d' {$ u; I2 G　　C. usefulness of an asset
0 {: F! g0 s) p1 _$ ~　　D. economic and monetary reliability of an asset compared with other assets
　　8. In a letter of credit transaction, the bank pays the seller against ______ which agree(s) with______.
　　A. documents... the credit
　　B. merchandise... the contract
: y" G* ?. \5 Q, Z, h! w$ v- A　　C. documents... the contract
5 b4 G1 l/ N- {! S* R　　D. merchandise...the buyer ordered
　　9. A barter economy is one that does not possess _______.
4 i* n$ _8 e4 _0 \  k+ W5 n  n) D　　A. any wealth
; x) c- f5 k; \0 l( t" d; }  F4 z　　B. printed currency
1 p* u: z. k) R* o　　C. a medium of exchange
0 h  h0 d7 }( F3 `" @　　D. gold
: z/ d: _! _. F3 w: m　　10. Which of the following is not true of airway bill? ______.
　　A. When goods are delivered to the airline, the airway bill is signed by them or their agents as a receipt of the goods
! f; H0 y0 V, k- f　　B. Airway bill is a document of title to the goods
　　C. Airway bill may also provide evidence of despatch of the goods where it has been stamped indicating details of the relevant flight
6 I1 G. N4 b* [7 _7 y& d2 M　　D. None of the above