1. Which of the following is not a function of money? ______.4 [7 \: g6 x% d! N: X& k
A. To act as a medium of exchange* y5 v T& z) u Y
B. To act as a unit of account* b ^8 s$ C: |/ I1 r) p7 O( k
C. To act as a store of value' V( d% Z# O0 k* q
D. To provide a double coincidence of wants
' \( p$ y6 e# Q5 X+ ]( O F' `! b E. To act as a means of payment8 K0 s3 z6 E, i1 ~8 d4 G9 I( D8 U
2. The price in the foreign exchange market is called ______.( |8 G( D+ Y% e
A. the trade surplus9 e; n! K2 G# ^3 b: U
B. the exchange rate$ A* O7 Z8 L+ h `4 s
C. the money price& a: g* `! a+ J
D. the currency rate
( |4 Q4 F5 V4 q 3. Market risk refers to the risk of______.
9 V! Q) M5 ~: s- A A. financial prices fluctuations+ Q, p( b$ N9 s! t, ~
B. default
! `2 }/ y6 ^- @& D9 C O( E+ @% A C. fraud. J" F0 D- Y8 {; {
D. deferred payments
5 J; K$ B8 }. _ 4. Which of the following is not among the generally accepted accounting principles? ______.* f: C% [# k: }- a8 R
A. Cash basis
, G- T+ |/ J! z! V' C B. Prudence. _: N" m6 h0 O0 }& n% b5 z8 d' ^
C. Consistency
% _. Q- W+ h2 V- \& c D. Going concern* v# U" Y- \% a8 w
E. Money measurement.
3 X1 e. c6 \: g8 Z 5. What is a documentary letter of credit? ______.
, X- ~8 `7 s4 s( N" D1 P( ^ A. A conditional bank undertaking to pay an exporter on production of stipulated documentation& j4 ~2 X# i$ j6 H$ L# _
B. A method of lending against documentary security
1 t0 j% r( i/ C7 k! v) L C. An international trade settlement system biased in favour of importers& r! f' Z5 w7 W. a
D. All of the above |
发表于 2012-8-16 08:05:44
