a我考网

 找回密码
 立即注册

QQ登录

只需一步,快速开始

扫一扫,访问微社区

查看: 107|回复: 1

[考试试题] FECT -Exercises-1(2)

[复制链接]
发表于 2012-8-16 08:05:44 | 显示全部楼层 |阅读模式
  40. Incoterms apply ______.
" p1 {# _* p6 c. b0 {  A. only if clearly incorporated into the contract of sale1 N- \2 f& d! o
  B. to International shipments beyond a certain tonnage
, b9 C  B7 ~2 U5 Q% m6 D  C. to international shipments under the Uniform Commercial Code
# m7 z' g- a/ D8 l6 _- F  D. to all international shipments of goods
8 y$ X$ ?* }# [9 k  41. Under which one of the following circumstances would it be wise for your customer to arrange a forward foreign exchange contract? ______.( N- q$ f1 F- _8 E8 p3 c
  A. Import of goods priced in a foreign currency
8 a( h: x, J7 W: r& \! Z. x, m7 S5 z9 n* }8 j  B. Import of goods priced in RMB* \  E' h0 l: W7 `  c
  C. Export of goods priced in RMB, M* h% E4 q) ?: S0 ^, S
  D. Export of goods priced in a foreign currency where the rate of exchange has been agreed in the sales contract; A. \* }( [0 s1 p- l
  42. Incoterms address ______.0 \2 m" S/ k+ }) p0 L
  A. the risks of loss between the parties
: E! ]* w: n* f; ]2 g' c  B. breaches of contract; @0 Z5 _! x* Q: X* w# Q
  C. ownership rights& T( ]3 F& d: R
  D. type of ship used+ r* F% @4 n- m* Z* K; D" E' H$ U
  43. Which of the following is or was an example of representative full-bodied money? ______.3 i* B0 g9 X( o6 ?
  A. Debt money! p( S0 f1 Q& D: c/ w; w8 j2 R8 ~* y* [
  B. ATS account
# H" A" f& V$ a1 F  C. Gold certificate. |) d' Q1 f2 e
  D. Demand deposit8 O; n+ s* N1 e7 m4 G
  44. Risks associated with investing in foreign countries are the following except ______.
& X- b2 J* J. b1 b  A. voting risk
; I' @* N/ M. U4 L* Z$ o# X& e% u  B. exchange rate risk
4 [2 a: c' G- V9 u3 @$ O  U/ m  C. country risk0 V" G. I) Y, H% N7 F
  D. political risk
/ i  v% b6 T5 B. i( M  45. An exporter sells goods to a customer abroad on FOB and on CIF term. Who is responsible for the freight charges in each? ______.7 W6 `$ w/ z( n& b0 F
  A. Exporter; Exporter0 N8 m9 h# b8 `6 h( b% \
  B. Exporter; Importer5 U5 p1 C) d& i4 }
  C. Importer; Importer1 d" F  x: x% Z# i2 h
  D. Importer; Exporter: s6 B/ ^- w; V) |  E
  46. Default risk refers to the possibility that a borrower may ______.8 T0 V" G1 ^0 G2 l: S& r
  A. be unable to repay the principal on his loan7 }8 p* X/ v9 Y* ]2 o  w$ }" I* K  J0 o1 y
  B. be unable to make the interest payments on his loan
. b+ \. w8 {% p3 ]+ `& q* }, T  C. go bankrupt% `) L( j( |- L- x: M0 q4 c- Z3 y
  D. all of the above
+ D# V  x& B4 d  47. What is the reserve requirement? ______.
& N" w9 r5 r& m. Z- H, E3 x* p  A. The requirement of a bank to deposit a percentage of money
; I4 _& k+ t6 `" T( j  B. The requirement for deposits in cash
% g" F' }" |7 \6 v" q7 O9 g0 m  C. The percentage of a bank‘s deposits in the form of cash reserves; J# o' O' g# K( G; L, `
  D. The requirement for cash reserves& R5 w% ?9 r+ ]! M# e3 x& {: M
  48. A draft is like a check that can be endorsed but it isn‘t a title to goods, like ______.
- x8 Y7 V$ |& }- s4 E  D  A. a bill of lading  }" T9 Y8 R9 m3 b
  B. an inspection certificate5 T* |0 K( f5 l8 g, A$ f% a8 @% N
  C. a certificate of origin% K, b7 E- m' G) H) ?4 K2 r
  D. an insurance certificate; F) i& D7 m6 T9 U
  49. Arbitrage ______.
! q" P/ P7 s# k3 O) u* M3 B7 o' i! s  A. is a general economic term for buying something where it is cheap and selling it where it is dear
/ G. w1 Y+ l) f1 r/ u5 c% y2 R  B. keeps exchange rates consistent across markets: C; r- V' W7 H( p# s1 W
  C. has been outlawed by the International Monetary Fund
/ y) h; ~+ K' m- c# F- V* k  D. cannot occur where there is a forward exchange market
4 t: A( d4 _( i& d/ i3 K3 J# \  E. both A and B0 @- k% x# [& \+ s7 \1 V
  50. What is the purpose of comparing the ledger entries with the documents? ______.
9 {% D: s5 S8 J8 ]  A. To prove that all the transactions have made for the right amounts8 S% x# }% Y, E- j
  B. To prove that all the accounts have been posted correctly1 w3 j8 m4 m( n6 |4 ~* V2 X% O
  C. To check the number of all the debits and credits' ~# c! e9 D8 _9 h3 y
  D. To post the right accounts
) i* d  T. C" d. a5 L  51. What is Dollar Cost Averaging? ______.
) r+ P9 g% N$ c  A. A brokerage account that gives investors cheap trades/ `2 y- H# |5 ?8 ?( e; \
  B. The idea that prices tend to rise over the long term
( q- O1 h' G( L  C. Buying stocks that are below average in value
1 O6 C% `5 Q5 ^& K; o) l  D. A flat quarterly mutual fund fee averaged throughout the year
5 {" \) T3 |: M9 E  E. A strategy of investing money on a r
4 [0 Y7 M2 P9 Y- n  egular basis to take advantage of market fluctuations
  _8 j7 S# C, a7 I; d- e8 L* x  52. From a Chinese bank‘s point of view, the currency account which it maintains abroad is known as______, while a RMB account operated in China for a foreign bank is termed ______.5 j( U( c. K5 I  ~) u
  A. a vostro account…… a nostro account1 O. W* z8 r0 C: v) P9 k
  B. a vostro account…a mirror account
; W4 ]5 r4 }9 v  j8 ^3 O2 m7 P  C. a mirror account…a nostro account3 U  K# ^% f. r, Q. Q
  D. a nostro account…… a vostro account
2 [% {1 z  M% h) {: |! N( V  53. Under FOB terms the bill of lading would state goods ______.
$ b2 `) ?! o) ^4 ~  A. loaded on board, freight payable at destination2 c  d+ l4 t* ^' H. Y
  B. loaded on board, freight paid+ _( C# g7 W4 @# r% s. S; y
  C. received for shipment, freight paid
! F* ^" F  S2 `, o6 x  D. received for shipment, freight payable at destination
0 e1 x* |4 }% x! a: E0 G! K9 }9 B  54. The liabilities of the bank as shown in its balance sheet represent the ______ which it uses in its business.. m3 c0 E/ \( D4 o" C( I  D, y
  A. sources of the funds
3 _% y8 w3 I) l3 }  B. share capital  v& s8 `7 r) f* N+ t2 I# ]
  C. investments
+ ^: N% t7 o5 K1 f* p! |  D. advances to customers
* \7 k+ J% s% D6 L- V2 O  55. International payments and other messages are often sent through an international computer network called ______.
回复

使用道具 举报

 楼主| 发表于 2012-8-16 08:05:45 | 显示全部楼层

FECT -Exercises-1(2)

  A. CHAPS
- e& ^' k, S9 ?, P. X" n  B. BACS
6 ]/ N. q& k4 p6 d' R' j  C. SWIFT6 [) L1 ?6 [$ B. M6 w  n
  D. EIMT: @" A+ h* q4 D9 D: ]% p1 Z4 T3 p
  56. Low levels of uncertainty are associated with .- X: ~! }6 o. L* d0 S& D8 v8 }
  A. stocks
9 s* ]' v# A. q- j0 j' |  B. stock options
' V0 ~& f4 |/ @2 M  C. higher potential returns
0 P% l6 q+ [$ N# P; y  D. lower potential returns
6 w. n" E* C$ r& s  57. Government securities would appear on a commercial bank‘s balance sheet as ______.
% B# v* P' H+ ~" b3 U* R, Y5 g9 C  A. an asset4 b+ ~6 X3 j- F. [' C) H
  B. reserves- n) i: S6 X5 V4 ]; B/ I  e
  C. part of net worth
/ k0 z+ Q7 p2 y& X' v- D  D. a liability. N3 r2 A, m/ M2 o4 C8 |" {. k( q
  58. A major problem with a fixed exchange rate system is that when countries run foreign trade deficits, ______.6 [9 W! i! j9 [" t- ]
  A. there is no self-correcting mechanism( k$ X, n2 W0 B" p* B5 T9 k% f
  B. currency values become unstable; l6 _6 g  K5 H
  C. the value of the reserve currency declines
6 j: p8 I& ~7 V: F  U  D. world inflation increases
回复 支持 反对

使用道具 举报

您需要登录后才可以回帖 登录 | 立即注册

本版积分规则

Archiver|手机版|小黑屋|Woexam.Com ( 湘ICP备18023104号 )

GMT+8, 2024-11-8 19:51 , Processed in 0.216460 second(s), 23 queries .

Powered by Discuz! X3.4 Licensed

© 2001-2017 Comsenz Inc.

快速回复 返回顶部 返回列表