41．The danger to the exporter in open account trading is that by surrending the shipping documents to the importer， he ______ control of the goods before he has obtained payment for them．
9 c5 W( [1 S3 q4 n, Q7 T, w A．is in% N7 }7 m4 {: Y' A
B．loses
7 }4 M) S6 A9 X2 K/ _, O C．retains; G5 {( x H2 V. O; f. }- S
D．gives up
& i! l3 G. j& Z- {7 }% i: D 42．The primary purpose of showing special types of events separately in the income statement is to ______．
8 ^& z9 q* o. P W" d: h6 d A．increase earnings per share
) _2 ?0 T( V5 ]2 ` B．minimize the income taxes paid on the results of ongoing operations m" k9 z+ b* J
C．prevent unusual losses from recurring0 E) b$ N1 i; S; O& R, T6 U
D．assist users of the income statement in evaluating the profitability of normal， ongoing operations( p+ N" F4 h9 U: c/ `! @/ s) I8 B
43．If commercial banks have ample excess reserves， a lower discount rate will _______．, _5 j; _* G! G% h, k9 ?
A．encourage them to borrow more
. B v, Y3 F8 O j' m. x% J B．encourage them to raise interest rates on loans2 v$ n6 m( Z+ [0 i
C．have little impact on bank behavior$ m& h! F# M! |, P9 U
D．increase bank reserves
+ q% d' q- Y* ]" O. k) t 44．A bill of lading is a receipt for goods．When is a bill of lading issued? ______．
& z5 \3 ]# w7 |# j8 F5 l% C* Q A．When the shipper makes up the order
- _& F: G, k6 \, j1 ]/ N$ O3 s B．When the carrier receives the goods% n/ [/ e8 f" p* U( G6 U
C．When the carrier delivers the goods to the consignee0 t: S- A5 K, m( L/ R6 }7 J$ b! E
D．When the manufacturer produces the goods
Y* x+ m f- Z0 ^0 T. N$ \ V) e+ i 45．ABC Co．Ltd．sold marketable securities costing $80 000 for $92 000 cash．In the company's income statement and statement of cash flows， respectively， this will appear as ______．: r$ k* D6 }5 J. k. t3 G$ C% O
A．a $12 000 gain and a $92 000 cash receipt
! w7 K8 J2 I6 O3 D2 w# [ B．a $92 000 gain and a $80 000 cash receipt4 M2 \$ O) ~+ C$ I
C．a $12 000 gain and a $80 000 cash receipt
& \5 W% W; ~/ z" k6 b D．a $92 000 sale and a $92 000 cash receipt- ~5 L6 X( l+ c( Z' \8 B
46．Which of the following central bank actions would be appropriate to combat rapid inflation? ______．
2 b' @; g) b% i& A A．A reduction in the discount rate; c/ P2 O# R. [+ W m! ]$ H8 x
B．A reduction in reserve requirements9 H. ^+ `$ a; g! [# Q. ~
C．A cut in taxes. S" U* P5 f, O1 u7 ^& k& z1 z- q
D．A sale of government securities
! O. O) c" J2 X. R$ [ 47．In a currency pair， the first currency is referred to as ______ and the second as ______．
3 ^& g. ^& k; V2 n! J A．the base currency…the counter currency3 r |3 U# `: d8 c6 ?
B．the quote currency…the base currency3 v9 X% `5 [+ F
C．the base currency…the exchange currency' J" }/ F) C! S' [8 d! B# ?+ a8 r
D．the trade currency…the base currency5 B% R" ~; m+ ^0 Z+ Z/ Q0 B
48．What is the expected return of a zero－beta security? ______．: D: i2 [7 d; j* W; h6 I# {
A．Market rate of return
5 }5 |# w& t$ {. I9 w* ] B．Zero－rate of return
# D2 \1 ]( s- O. S C．Risk－free rate of return
" I, L0 P/ B# j8 q D．Negative rate of return. c; f3 u5 d5 |7 {% t% e
49．Capital asset pricing theory asserts that portfolio returns are best explained by ______．
0 T$ @4 v; _6 n& K& o" R A．economic factors# \5 D0 g: v. z& Q+ Q" W
B．systematic risk
1 m+ C2 `: h9 G, { C．specific risk
" T$ l# l& g6 ?( V D．diversification6 ]6 Q8 l) o* Z- K
50．The______ informs the beneficiary that another bank has issued a credit in his favor without adding its own engagement．
3 j4 b+ R# D' w3 q [3 ]0 C7 [ A．advising bank
; S4 @ B0 |( y) Q, C# s B．confirming bank# i" o. Y0 M: g. o6 J6 G
C．drawee bank
8 X7 B7 Z! x0 K7 c D．issuing bank |
发表于 2012-8-16 08:05:44
