69. A barter economy is one that does not possess _______.
! L3 u. O, A) y; v h A. any wealth B. printed currency
' s4 a. U3 s3 o1 g& Z3 N C. a medium of exchange D. gold/ e( m* w8 K9 `3 I o
70. Which of the following is not true of airway bill？ ______.
/ z+ K% k) u- e1 \: [ A. When goods are delivered to the airline， the airway bill is signed by them or their agents as a receipt of the goods' q8 }- S8 B( C: u
B. Airway bill is a document of title to the goods' \! n( Z6 Z* e/ Q
C. Airway bill may also provide evidence of despatch of the goods where it has been stamped indicating details of the relevant flight d6 i* S U( y. P3 R' g
D. None of the above
; y8 A8 e' Y/ U% b( _: A: Q& J/ q; S 71. The value of money varies _____.- e, a9 r, g3 W) q. b. M; `8 v
A. directly with the unemployment rate/ N, _5 Y0 U' b |8 N! |
B. directly with the price level
- i' }# l; O, L3 g C. inversely with the unemployment
( N! m/ ]# |% n8 T3 `' ` D. inversely with the price level: E- `. }% e+ W& X M' |7 F& }
72. The economics news on the television reports that the dollar has strengthened relative to the Japanese yen. This means that ______.7 j" h9 z7 \4 M
A. the dollar has depreciated relative to the yen$ \7 g; M+ ?( ]6 j
B. the dollar can now purchase more yen
7 R2 w0 \4 @) z C. the yen can now purchase more dollars! [9 [/ B, }. `- {
D. the US trade balance with the Japanese economy has improved
/ [2 o$ M8 X! h: P" G; e8 t! P 73. The theory of international exchange that holds that exchange rates are set so that the price of similar goods in different countries is the same is the ______.. B0 ^& I' j2 ]
A. price feedback theory
$ G/ q$ H# a' z3 X, e" @ B. trade feedback theory
0 R2 L @4 X8 U! G' ^2 ^ C. purchasing power parity theory
3 A6 F1 Q! x" Z# x D. J－curve theory; L c5 V( H9 \' o1 `' @) g
74. According to the optimal portfolio theory， where should portfolios lie？ ______./ N$ g1 D+ T# V
A. On the efficient frontier
" j5 W( J8 q- _( m- M! U" Q B. Above the efficient frontier
. W' n0 {! n1 |6 k) c7 \2 q C. Under the efficient frontier* b0 y% a T, W8 S$ I
D. Anywhere， as long as the portfolio is diversified6 G( o) \9 S+ e H _6 x- j
75. Which of the following is not a user of management accounting information？ ______.
3 Z, M- e* V, B4 i- A. t( H A. Store manager
( p8 P/ P3 m, y' h8 x1 ~- L' Z2 Y$ f B. Creditor
# R: P0 b1 U& ?' c& M+ ~- J$ ` C. CEO: z3 W7 J+ Z* `
D. CFO/ w6 v! b. {4 t
76. Based on the scenarios below， what is the expected return for a portfolio with the following return profile？ ______.1 [1 L2 G/ j, Q
Market Condition
. V5 m7 g6 ?! g: E3 w0 p d bear Normal Bull Probability 02 0.3 05 Rate of return —25% 10% 24%. S0 X& d- s/ z1 W/ p2 [
A. 4% B. 10% C. 20% D. 25% Use the following expectations on Stocks X and Y to answer questions 17 through 19 （round to the nearest percent）.( O G- R- \- [5 u" q/ e# A; t
Bear Market Normal Market Bull Market Probability 0.2 0.5 0.3 Stock X_ －20% 18% 50% Stock Y －15% 20% 10%
6 J/ S: I( {3 S. A% H3 s# [ 77. Financial markets serve to channel funds from ______.
& K1 o; S, S8 `1 A A. the government to contractors, ^5 R7 G, e8 V* G
B. investors to consumers
% _4 f, U- p* \7 [5 x, t& i8 r3 T* f0 v C. consumers to producers; z8 n- ]/ E! L* W" w
D. savers to investors
- I; R% ?* G" c( l/ Y$ x1 T 78. The agreements that were reached at the Bretton Woods conference in 1944 established a system .
( s+ X) H Y6 }1 k3 }- X: @/ O A. of essentially fixed exchange rates under which each country agreed to intervene in the foreign exchange market when necessary to maintain the agreed－upon value of its currency
8 j B; i, b X5 c' b( a7 y B. of floating exchange rates determined by the supply and demand of one nation‘s currency relative to the currency of other nations' J' `3 b& x# E: j& e: w
C. that prohibited governments from intervening in the foreign exchange markets
" _4 k$ S; B8 C4 g4 ]- Z D. in which the values of currencies were fixed in terms of a specific number of ounces of gold， which in turn determined their values in international trading+ Y2 ]3 k9 e) D+ h( s
79. Which of the following statements is not consistent with generally accepted accounting principles relating to asset valuation？
; |' S4 Z$ Z( ?. n7 ]3 d. z' V .
2 ^) P2 b: h7 k" { A. Assets are originally recorded in accounting records at their cost to the business entity
. d! J# R" p7 @/ L/ a9 U b B. Accountants prefer to base the valuation of assets upon objective， verifiable evidence rather than upon appraisals or personal opinion
: Y" ^# A% B( Q: K6 \. Q C. Accountants assume that assets such as office supplies， land and buildings will be used in business operations rather than sold at current market prices
2 b% S1 x/ n" {$ m# c D. Subtracting total liabilities from total assets indicates what the owner‘s equity in the business is worth under current market conditions9 t) H: G; \$ w# c2 r$ y2 P! n
80. A fiscal expansion in the UK ______ the pound sterling.
s/ t$ ^7 M& _ l b A. tends to appreciate! a, A- e- y1 Z' c
B. tends to depreciate
1 }0 W7 [8 ?0 G, k C. does not affect the price of k; T# t5 a3 s& r* n
D. has no predictable effect on the price of
( L, d" u) Q+ d" q- \3 {* ^0 Q 81. What are the expected returns for Stocks X and Y respectively？ ______. |
发表于 2012-8-16 08:05:44
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