金融英语单选题—FECT汇总金融英语单选1. What are the expected returns for Stocks X and Y respectively? ______.
0 |& r I$ p$ OA. 20% and 10%
d+ u' F4 @7 SB. 18% and 12%! [# O. r2 p2 z5 V) @6 G& f
C. 20% and 11% % y) Q! [% `2 b1 l
D. 18% and 5%/ D, f9 A3 Q7 ~3 H( g4 n( y
1 @- c8 X3 @+ X. W2. Which of the following payment terms eliminates the exchange risk, assuming the exporter invoices in foreign currency? ______.
# P- j. {+ A' o) k6 F) o JA. Confirmed irrevocable documentary credit
$ T: j# a) z& A/ m) g7 uB. Open account2 J2 \7 C/ C- u* L: @, e
C. Documentary collection D/A h* ]/ U& B5 C& }7 ]* p' s
D. None of the above$ Y5 D+ O. r. x) i7 N7 i; E2 {
+ Z% D; `' Z3 ^/ R, @3. ABC Co. Ltd. purchased a car for $ 12 000, making a down payment of $5 000 cash and signing a $7 000 note payable due in 60 days. Which of the following is not correct? ______., X0 X5 j# }2 ?
A. From the viewpoint of a short-term creditor, this transaction makes the business less solvent8 ?3 l6 n1 b ]% l8 V5 n2 f' Z
B. Total liabilities increased by $7 000
e: E1 F2 w0 R2 z9 T; \8 nC. Total assets increased by $12 000+ X6 y( y' r6 V9 `
D. This transaction had no immediate effect on the owner's equity in the business. ^1 b: \0 p4 s& d5 C
% a# T8 w2 C, T4. Which of the following terms of payment will entirely eliminate country risk? ______./ j) M4 K ? f! C9 p" I4 h
A. Revocable documentary credits
' T: i+ K' p4 R( a3 l4 q8 NB. Confirmed Irrevocable documentary credits
8 |3 ]! ?$ Z: Y3 I' i3 X$ ZC. Documentary collection D/P& n; u2 R2 Z0 v6 h
D. Documentary collection D/A2 Y. m' s2 h& _- B2 \+ i+ @' I
9 x' A5 c) ]2 v& P$ p6 o5. The expiry date of a documentary credit is Sunday, 24 February, and documents have to be A presented to you. Which of the following is an acceptable presentation? (Assume there is no latest stated date for shipment stipulated.) ______.; q* m! v* n* h; i# ~
A. Presentation to you on Monday 25 February with the bill of lading dated 25 February
$ N1 v# ]( ~2 t& v; C2 t1 QB. Presentation on Monday 25 February with the bill of lading dated Sunday 24 February
' P' O4 b0 Z1 u! C- _' [C. Presentation on Tuesday 26 February with the bill of lading dated Sunday 24 February3 g& @9 x" ~) K: D
D. Presentation on Friday 22 February with the bill of lading dated Sunday 29 January! b) }# f' p: W/ s1 t
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6. What are the standard deviations of returns on Stocks X and Y respectively? ______.
% V* c* ]( R3 eA. 15% and 26%
* ]+ b7 E+ X7 a' g: ]' C* K/ KB. 24% and 13%3 ^1 v: v d8 A4 J0 k6 y0 Q
C. 20% and 4%
9 C) R3 J1 {4 [+ ~- WD. 28% and 8%
+ G& B9 m% Q3 V1 M, }, l. R* O- k$ t& A, O
7. Who makes the first presentation of documents under a transferable credit? ______.
3 {8 |, G1 X H; t Q& uA. Applicant
; ~: r7 J3 J p4 g& [B. First beneficiary7 a P* S' n' U% ^0 c0 Y
C. Second beneficiary : f% w+ k& d8 ?) U8 O
D. None of the above, D9 A$ O# q# B
6 b% m# m- H4 T' o0 @# ?8. A transaction caused a $10 000 decrease in both total assets and total liabilities. This transaction could have been ______. I5 |- A* ?) s
A. repayment of a $ 10 000 bank loan 5 `4 f1 j. G6 M/ b* E$ Q) G* {
B. an asset with a cost of $10000 was destroyed by fire1 c4 }9 f- }9 K0 |% i. i. @4 a- m& ^6 k
C. purchase of a delivery truck for $10 000 cash
% z- Z; r' s, K8 xD. collection of a $10 000 account receivable
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1 P w7 O Z+ c0 t4 p1 W' F9. Money ceases to serve as an effective store of value when ______.+ H4 o( L5 R$ m" h. w! Q
A. the government runs large deficits
7 [8 ^2 z$ Q$ Z5 i' [5 p* wB. the unemployment rate is very high
l% Q+ Q+ J5 RC. productivity in the economy declines$ }7 H# G( U5 R! z1 }; }! X( h
D. rapid inflation occurs8 |, b4 D+ E/ H
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10. An indication that the money supply is greater than the desirable amount would be .6 J2 f3 l4 |! y, m' `2 r( o
A. insufficient spending and excessive saving
! d1 [& u8 ~. Z/ [1 p n) g6 RB. deflation5 t0 a( A$ M: \6 i
C. inadequate spending and rising unemployment
$ y( g g) |; h; wD. rising wages and prices 外语学习网
6 }; n C, Z9 f% r( L" F& b答案:1.A 2.D 3.C 4.B 5.B 6.B 7.C 8.A 9.D 10.D |