1. When a country runs a foreign trade deficit under a flexible foreign exchange rate system, its .
0 k- X/ _* f3 `' o4 b- I: m A. imports automatically increase
& S, l' Q* `# V" c' y; V: ?7 h8 P B. currency automatically depreciates
2 _$ M7 V; `6 d$ R6 J6 X C. exports automatically decline: u# C3 B, W! Q' R( ^3 ^7 n" U+ O
D. currency automatically appreciates
% P) k5 M7 _, @' Z c- y% W# ] 2. Which of the following statements is not true of accounting? ______.' ]" a# z% N5 V( g7 F2 |. q
A. Accounting is language of business
: R; D, C7 s9 A/ K. R/ E B. The user of accounting includes business, government, nonprofit organizations and individuals.. w4 v' i& ~* ?, D! Z2 G
C. Accounting is useful for decision making
0 T, \5 G5 t# P6 ]' Z D. Accounting is an end rather than a means to an end8 Z, v9 {* z. W) Y/ Q: w
3. The term foreign exchange is best defined by the following statement: it is ______.6 U. v2 w6 a* k5 E+ K
A. the rate of exchange between two currencies
' \9 z- @, f; k [2 s$ A( `" ] B. synonymous with currency exchange
! I0 V( U$ e& W! [ C. the place in which foreign currencies are exchanged
) N0 b/ [: T8 y, J* c D. an instrument such as paper currency, note, and check used to make payments between countries& n# Y }( S$ Y
4. What is Asset Allocation? ______.
$ t' r) T3 B! p+ \% b A. Buying assets of different types, risks, and potential returns
2 \9 ~7 L) g4 d B. Buying assets with more than one brokerage account
2 P2 @- r( k3 v9 u( V C. The ability to buy mutual funds0 B# H0 g7 |0 ?# K
D. Buying stocks for the long term3 M' I+ w1 N4 D8 Y
5. External users of financial accounting information include all of the following except . F0 J( H* s; \: ~& Z( {: [& x
A. suppliers
# E/ ?# C E, M) S2 }- y* F B. line managers3 v1 G; X5 J3 y9 q
C. general public
( m* h" }& r5 u: ~5 g/ j. v D. creditors
# ^) V. G& P& }) t" \1 i& n 6. CAPM is short for .* J' f5 L6 n/ J
A. Capital Asset Pricing Model$ T5 q) J# @' H$ S( A* I
B. Cash Added Price Matrix, U- t8 @& j( u& r* C6 e
C. Capital Asset Pricing Matrix
8 O7 M$ f& Z- z D. Cost and Price Model! f$ t* y( \5 c
7. Liquidity measures the ______.9 v$ F# b- e9 z7 p5 t( ~0 w
A. value of an asset
. x% U0 K; o* @; f g B. ease with which an asset can be exchanged
. r k( w9 i; ]8 n C. usefulness of an asset
# y9 e' v7 U3 j ^3 \3 J D. economic and monetary reliability of an asset compared with other assets: V6 U2 `! ?, v8 \7 `* Y1 ?
8. In a letter of credit transaction, the bank pays the seller against ______ which agree(s) with______.
6 V' N$ K6 l( H& M; S A. documents... the credit% X: }4 ~% }' o: g2 l6 M2 c/ c7 _
B. merchandise... the contract @. V+ h' l7 T8 Z8 m
C. documents... the contract+ p" G7 y! f- W
D. merchandise...the buyer ordered+ s9 U0 n3 s1 A8 K- U9 O
9. A barter economy is one that does not possess _______.
4 P7 N1 P) T5 N A. any wealth
7 w% V- m5 G8 T3 y! Z B. printed currency
% l, u) w; s! |0 D# o( L( d2 y C. a medium of exchange
5 ~, ~& m/ }9 I) i% ^ D. gold
' [) U3 h, |" U 10. Which of the following is not true of airway bill? ______.% e0 r0 t. X! a) j( j( y( A5 J
A. When goods are delivered to the airline, the airway bill is signed by them or their agents as a receipt of the goods/ @9 L3 \& e K& N) f
B. Airway bill is a document of title to the goods, x7 y' Z9 d& y0 ?6 H) m% ]# |
C. Airway bill may also provide evidence of despatch of the goods where it has been stamped indicating details of the relevant flight
$ `; |; {3 i3 c7 x, y D. None of the above, e w+ w3 _; ~: g+ ?1 n
答案:1.B 2.D 3.D 4.A 5.B 6.A 7.B 8.A 9.C 10.B |