金融英语辅导：模拟练试题三

会计考友

　　1 The financial statements that are dated for a time periodare the
* @7 j, \& W% b0 ]# Y1 r; V8 r　　A balance sheet and income statement
; b% b) L/ r) m- v; m+ q+ K# O& q) o　　B income statement and statement of cash flows
- j6 V5 i2 v- @- ^+ r# s　　C balance sheet and statement of owners‘ equity
　　D all of the above
( F, _% I& h" |" y　　2 Which of the following is an example of off-balance-sheet financing? ______
5 y, ?" |, }# e; ]% t: o　　A Operating lease
　　B Debenture bonds
　　C Current portion of long-term debt
( D+ D" O. y* n　　D Convertible bonds
　　3 Borrowers can gain access to the surplus funds of savers ______
: }" F7 @' r2 x3 P2 t! F! m　　A by issuing securities to savers
$ H$ G& f7 d1 B7 Q& y2 Q! i  x8 Z# ^　　B through financial intermediaries
　　C by purchasing securities such as stocks and bonds
　　D all of the above
% h8 v* w" o7 Q　　E both A and B
  C+ {- X3 k4 K　　4 Which of the following assets are most liquid? ______
　　A High grade corporate bonds
　　B Time" deposits
　　C Stocks in General Electric Company
) [( ?2 j8 n0 Z, s5 i4 j　　D Passbook savings deposits
　　5 Secondary markets for securities
) G+ ?4 p3 T5 {　　A deal only in bonds
　　B are markets primarily for the initial sale of new issues
　　C are markets for trading in outstanding debts and equity claims
　　D are also called "investment banks"
% s; V4 Y; R$ v( _* d　　6 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
　　A future value
　　B present value
3 D0 E! i$ R: H. @5 N  s- [　　C deflation
　　D interest
　　7 Which of the following would not result in a credit entry in the China‘s balance of payments?
% b+ Y6 N" @( y5 \6 _6 x5 e　　A The sale of a piece of furniture to a business firm in Japan
! T, r7 A. Q9 j6 \( H1 l* K　　B Interest and dividends paid on foreign investment in China
* V: E' h) B, T1 m  e% W　　C Interests on a Chinese bank deposit in the United Kingdom
6 a. d$ n- x! a# l7 ^# s) Q　　D An increase in foreign investment in China
% O8 u* v0 x3 n  ^# M　　8 Futures contracts can be ______
' ~9 m' `( F9 {　　A used as protection against large price swings
　　B countered by an offsetting purchase or sale
　　C participated by hedgers or speculators
　　D 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
　　B the investment does not affect your cost of production
8 O- R! Z" R4 T- A0 @3 r2 s　　C the present value of future income exceeds the cost of the investment plus interest on any money that you must borrow
: R( I% X& t& b8 F　　D 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 R3 u( U  A　　A more than doubles
　　B less than doubles
　　C doubles
　　D might do any of the above
　　E more information is needed