金融英语单选题汇总—FECT（4）

会计考友

　　1. Under which one of the following circumstances would it be wise for your customer to arrange a forward foreign exchange contract? ______.
　　A. Import of goods priced in a foreign currency
　　B. Import of goods priced in RMB
# ], h, G3 |/ f6 l8 f　　C. Export of goods priced in RMB
　　D. Export of goods priced in a foreign currency where the rate of exchange has been agreed in the sales contract
　　2. Incoterms address ______.
+ x: [# P; `( @: X& [) z　　A. the risks of loss between the parties
+ A6 L8 e( O- }0 S" Y　　B. breaches of contract
+ g, t; Z% W4 n& w! X1 @　　C. ownership rights
　　D. type of ship used
　　3. Which of the following is or was an example of representative full-bodied money? ______.
6 L6 W* q& g' M1 G+ j4 P7 s. Q) z　　A. Debt money
  N  S6 ~, P, D2 w  V6 ?. E　　B. ATS account
　　C. Gold certificate
　　D. Demand deposit
7 k1 X8 A8 w* O3 P　　4. Risks associated with investing in foreign countries are the following except ______.
2 ~1 B5 N; i6 X& U5 V# a$ ]　　A. voting risk
8 L) B2 ~6 n! T7 g: S  w; U; v1 \, R- z　　B. exchange rate risk
. x& d! l# u( d0 I6 q　　C. country risk
　　D. political risk
) T- o; o. e* V/ `　　5. An exporter sells goods to a customer abroad on FOB and on CIF term. Who is responsible for the freight charges in each? ______.
8 ]' w9 a' i) Y: }: j　　A. Exporter; Exporter
; e$ Z  y9 ^$ o6 Q" @& |　　B. Exporter; Importer
　　C. Importer; Importer
/ b+ I  Y# m2 C% e1 V6 K9 H1 p　　D. Importer; Exporter
: J+ _0 u+ w& J7 U　　6. Default risk refers to the possibility that a borrower may ______.
　　A. be unable to repay the principal on his loan
' t( a0 Y0 R# ^7 o) Z/ q　　B. be unable to make the interest payments on his loan
3 W* F) Z0 \3 s* ~& @　　C. go bankrupt
. T8 C, D. k+ F3 A- l4 R8 s　　D. all of the above
% `3 _  G' n9 @( Y　　7. What is the reserve requirement? ______.
3 f% I' F3 C3 l8 V- ~　　A. The requirement of a bank to deposit a percentage of money
　　B. The requirement for deposits in cash
　　C. The percentage of a bank's deposits in the form of cash reserves
7 r) O" j5 V8 V- K& y- B3 ^! V　　D. The requirement for cash reserves
8 Q0 {( S- ?  d) {　　8. A draft is like a check that can be endorsed but it isn't a title to goods, like ______.
　　A. a bill of lading
1 }. N0 `$ Z9 ^5 \5 B2 S+ W: M; B; b　　B. an inspection certificate
　　C. a certificate of origin
$ N. A8 \6 E" p& A5 V2 N+ t% N4 ?　　D. an insurance certificate
; l2 O3 M5 w% h# a　　9. Arbitrage ______.
+ b. z" V! C$ b, n, B7 r/ y　　A. is a general economic term for buying something where it is cheap and selling it where it is dear
! l, f7 C3 m: |% D, A　　B. keeps exchange rates consistent across markets
  x& a3 ?! `9 A8 U) n) m+ M! X　　C. has been outlawed by the International Monetary Fund
　　D. cannot occur where there is a forward exchange market
　　E. both A and B
　　10. What is the purpose of comparing the ledger entries with the documents? ______.
2 A% N. X* _! G) v　　A. To prove that all the transactions have made for the right amounts
　　B. To prove that all the accounts have been posted correctly
) C6 m0 ~7 {. q) ^) I8 w/ D　　C. To check the number of all the debits and credits
$ B& c  R; U* {$ d　　D. To post the right accounts
* d! j. F$ X4 c% I+ l) j( R　　答案：1.A 2.A 3.C 4.A 5.D 6.D 7.A 8.A 9.E 10.B