金融英语 考试中级模拟练试题

会计考友

　　1. Usually the low interest rate currency trades at a ______ to the high interest rate currency in the forward market.
' e; A; ?' k; T- f9 o: t2 ], E　　A. premium
　　B. par
　　C. discount
; I! K2 T& T. Z! {; N. e. k　　D. bar 2. Which of the following statements about standby letters of credit is true? ______.
　　A. They can serve as a guarantee to a buyer against a seller defaulting
* b' j, I. l' ~1 [0 q7 t　　B. They are contrary to the general rule that letters of credit may only be used for the actual movement of goods
. k. x7 Y6 V2 g: i　　C. They are unlike a tender (or other) bond in their legal standing and method of operation
. `4 H: d9 {% }9 W1 z: D. F　　D. They are unlike a tender bond with its fixed expiry date 3. The most liquid of all assets is ______.
) L1 X/ b. J3 f2 V  x! I+ |6 ~　　A. the stock of commercial banks
　　B. M 1
. C+ Z9 m' [& K3 f# U7 }/ B; b3 D　　C. intelligence
　　D. the debt of major corporations 4. Beta and standard deviation differ as risk measures in that beta measures ______.
　　A. only unsystematic risk， while standard deviation measures total risk
1 Y. C/ S. }+ u/ J　　B. only systematic risk， while standard deviation measures total risk
　　C. both systematic and unsystematic risk， while standard deviation measures only unsystematic risk
: W* O  \( ]: E- C* ?! a. ~! G2 E　　D. both systematic and unsystematic risk， while standard deviation measures only systematic risk5. What information would you find in a statement of cash flows that you would not be able to get from the other two primary financial statements? ______.
" r& f- q) q6 n# D4 Y! o　　A. Cash provided by or used in financing activities
; X+ ~. W8 a/ [; f1 x1 i# m　　B. Cash balance at the end of the period
$ m- y5 ]$ R3 ~2 H' C　　C. Total liabilities due to creditors at the end of the period
　　D. Net income 6. An analyst estimates that a stock has the following probabilities of return depending on the state of the economy: