2011年金融英语考试模拟试题（7）

会计考友

　　61．The statement of cash flows is designed to assist users in assessing each of the following， except ______．
　　A．the ability of a company to remain solvent
　　B．the company's profitability
　　C．the major sources of cash receipts during the period
　　D．the reasons why net cash flows from operating activities differ from net income
, K2 @3 l: H  V# v/ z! \, s　　62．Which of the following is a main policy tool of the central bank? ______．
　　A．Taxation
　　B．Open market operation
　　C．The prime rate
, w1 b, u/ B# k+ W. @　　D．The money supply
　　63．Which of the following is not included in the statement of cash flows， or in a supplementary schedule accompanying the statement of cash flows? ______．
+ I  |- A3 ~9 J　　A．Disclosure of the amount of cash invested in money market funds during the accounting period
　　B．A reconciliation of net income to net cash flows from operating activities
+ G/ [3 a5 j2 ~$ F　　C．Disclosure of investing or financing activities that did not involve cash
+ T% `! b: k7 Z! t5 ?% o　　D．The amount of cash and cash equivalents owned by the business at the end of the accounting period
　　64．The yield on bank reserves is equal to ______．
　　A．the discount rate
9 U2 O& M) ?; ~( `　　B．the prime rate
! k- A  J: w  c0 `　　C．a specific rate decided by the central bank
　　D．0 percent
　　65．The feature of APT that offers the greatest potential advantage over the simple CAPM is the ______．
4 g8 s7 a4 ?3 C4 B0 Q  Q. b/ r　　A．identification of anticipated changes in production， inflation， and term structure of interest rates as key factors explaining the risk－return relationship
6 R; L' z3 }2 C6 z; _$ Y　　B．superior measurement of the risk－free rate of return over historical time periods
  p8 w  s6 m( q　　C．use of several factors instead of a single market index to explain the risk－return relationship
　　D．variability of coefficients of sensitivity to the APT factors for a given asset over time
8 g; h. N2 ^8 u3 I　　66．In documentary collection， the exporters present the documents to ______ after the goods have been shipped．
　　A．the remitting bank
: ^$ [% f5 V$ r* A7 v　　B．the collecting bank
- \  }0 H7 z8 P, u　　C．the reimbursing bank
! l% W+ q, r1 j$ [　　D．the opening bank
　　67．If a bank has ______ rate－sensitive liabilities than assets， a ______ in interest rates will reduce bank profits， while a ______ in interest rates will raise bank profits．
　　A．fewer．．．rise．．．decline
　　B．more．．．decline．．．rise
" a+ M, U, D3 B3 Q- H　　C．more．．．rise．．．decline
　　D．fewer．．．rise．．．rise
　　68．An L/C applicant is unhappy with the goods he receives．He is due to pay a term bill of exchange．Which of the following course of action could take place? ______．
　　A．He is obliged to pay as the documents were in order
　　B．He can instruct the issuing bank not to debit him
4 |! j- S" l+ ]0 C　　C．He can pay a reduced amount to compensate for the inferior goods
2 R  `7 a) n0 O4 L: d　　D．He instructs the issuing bank to return the documents with a payment refusal statement to the beneficiary
　　69．Which of the following would be considered a Eurodollar? ______．
9 s  {4 U- q  A7 \( H　　A．A U．S．dollar in a bank outside the U．S．
　　B．A U．S．dollar held as an international reserve asset by a foreign central bank
/ h/ B5 X4 l: O  O4 H0 m　　C．A Federal Reserve note （a dollar bill） in the pocket of a tourist visiting Europe
! W, I% w+ s& R- S" U4 F( C9 B3 x　　D．None of the above
* V3 N# }* D" g; J: K( Q& u　　70．Which of the following is usually least important as a measure of short－term liquidity? ______．
　　A．Quick ratio
　　B．Current ratio
　　C．Debt ratio
　　D．Cash flows from operating activities