金融英语 ：模拟练试题三

会计考友

1 The financial statements that are dated for a time periodare the
: D0 G2 T1 h# w' Y( b. \  eA balance sheet and income statement
; P7 B1 G7 [# D3 j, ~5 ~B income statement and statement of cash flows
C balance sheet and statement of owners‘ equity
" l+ s$ K# F0 ]D all of the above
# r7 W. a2 d: l3 y* X; f2 Which of the following is an example of off-balance-sheet financing? ______
A Operating lease
B Debenture bonds
1 s9 L" M. q! ~* S7 O+ a0 U: b9 rC Current portion of long-term debt
D Convertible bonds
3 Borrowers can gain access to the surplus funds of savers ______
A by issuing securities to savers
& \3 j9 ^' `! z0 z* ?% s! gB through financial intermediaries
; ]  ?: R7 H) U/ R2 yC by purchasing securities such as stocks and bonds
" o, E+ E6 V" z, ?( dD all of the above
E both A and B
4 Which of the following assets are most liquid? ______
, J1 k+ g4 [1 v- b" g+ iA High grade corporate bonds
B Time" deposits
, d; D' q; c0 x5 ~7 ^5 PC Stocks in General Electric Company
D Passbook savings deposits
5 Secondary markets for securities
A deal only in bonds
- X/ q3 s" u, q3 f1 m: r9 g5 VB are markets primarily for the initial sale of new issues
. v$ q2 @! ]; p3 o7 P0 D) k) A+ EC are markets for trading in outstanding debts and equity claims
D are also called "investment banks"
  `# c: a* P+ q6 The concept of ______ is based on the common-sense notion that a dollar paid to you in the future is less valuable to you than a dollar today
' T- `( ?' G# e! J" jA future value
$ ~% U  g; O: @, r3 b$ VB present value
% W6 E8 S2 Q' N# bC deflation
. j5 i# W7 r* n, ?D interest
7 Which of the following would not result in a credit entry in the China‘s balance of payments?
A The sale of a piece of furniture to a business firm in Japan
: S: f6 G) R! c% W0 DB Interest and dividends paid on foreign investment in China
1 b: J- m8 X: @6 k2 B$ AC Interests on a Chinese bank deposit in the United Kingdom
/ M7 l: l" |: v. [D An increase in foreign investment in China
8 Futures contracts can be ______
A used as protection against large price swings
B countered by an offsetting purchase or sale
C participated by hedgers or speculators
  d2 k5 o) ^. ]5 o  W' [$ ZD all of the above
9 Suppose that you own a business and are considering expanding your productive capital through an increase in investment spending You will invest only if ______
A you are able to obtain the necessary funds at a low nominal interest rate
6 M0 o& U* D8 n# EB the investment does not affect your cost of production
. R" ^" {. [0 w, kC the present value of future income exceeds the cost of the investment plus interest on any money that you must borrow
! t/ w+ G- o' x  I" ID you observe that your competitors are expanding their productive capital10 If Y and V are constant， and M doubles， the quantity equation implies that the price level
0 S1 M8 T1 Y) _1 ]7 j! zA more than doubles
B less than doubles
9 G: S* ~+ V% j4 CC doubles
D might do any of the above
E more information is needed