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 ______．
, h* K; a& a7 Q　　A．the ability of a company to remain solvent
　　B．the company's profitability
　　C．the major sources of cash receipts during the period
& x3 b- ]1 t* L: i' H　　D．the reasons why net cash flows from operating activities differ from net income
　　62．Which of the following is a main policy tool of the central bank? ______．
6 R" z0 t4 ?: @" r8 f1 E　　A．Taxation
% S/ j5 V9 |* c* s1 Y* F: m7 ]: {　　B．Open market operation
　　C．The prime rate
' t3 v2 X5 P2 }# Q# Y　　D．The money supply
4 X( u8 [/ I+ o! V8 b　　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? ______．
　　A．Disclosure of the amount of cash invested in money market funds during the accounting period
. q: Z9 O& e% Y8 z　　B．A reconciliation of net income to net cash flows from operating activities
; w$ A$ k# S% C0 m' b　　C．Disclosure of investing or financing activities that did not involve cash
8 L; ~1 D4 }% N' U/ {1 N  }7 W　　D．The amount of cash and cash equivalents owned by the business at the end of the accounting period
3 W4 ^" y& n$ f7 q8 e  ?; x　　64．The yield on bank reserves is equal to ______．
$ Z; O  e! ^5 @& a8 _" _) n　　A．the discount rate
　　B．the prime rate
　　C．a specific rate decided by the central bank
4 m0 |/ P* ]( _( {  z　　D．0 percent
# ?# _# {/ M' X" o　　65．The feature of APT that offers the greatest potential advantage over the simple CAPM is the ______．
　　A．identification of anticipated changes in production， inflation， and term structure of interest rates as key factors explaining the risk－return relationship
8 F2 I6 ]5 `4 p: [　　B．superior measurement of the risk－free rate of return over historical time periods
　　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
! w& U( M( X4 G( O; ^6 u. z, u' F　　66．In documentary collection， the exporters present the documents to ______ after the goods have been shipped．
+ v- ]% N  p9 v　　A．the remitting bank
. x( j+ @5 A% w7 l　　B．the collecting bank
8 z& N3 b  a4 s3 i! _1 `　　C．the reimbursing bank
　　D．the opening bank
5 X& N4 Q) W% I* w1 J4 U6 D# L! i　　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．
9 f8 u! s- b% p+ m) f* q6 x2 _　　A．fewer．．．rise．．．decline
　　B．more．．．decline．．．rise
　　C．more．．．rise．．．decline
# ~8 z- {: ^, q+ I* G. l　　D．fewer．．．rise．．．rise
6 V/ P6 U4 [/ b3 _6 ?　　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? ______．
; O4 R, y  _2 _　　A．He is obliged to pay as the documents were in order
8 a3 s( E" e% y" m　　B．He can instruct the issuing bank not to debit him
　　C．He can pay a reduced amount to compensate for the inferior goods
0 k: I3 \4 d6 V* v* ^+ U( O5 V( J　　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? ______．
5 D+ @+ [, k- d* f" K$ 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
/ \$ H4 |" o7 [8 j　　C．A Federal Reserve note （a dollar bill） in the pocket of a tourist visiting Europe
8 P4 C0 H8 b4 D　　D．None of the above
　　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