. When a country runs a foreign trade deficit under a flexible foreign exchange rate system, its .
. x8 F- Z+ h; f+ p+ A5 n4 ^ A. imports automatically increase3 t$ ^ O- Y) S) Q# Y
B. currency automatically depreciates
6 A7 s. ?5 t& Z5 q C. exports automatically decline: y. N2 _1 n+ l
D. currency automatically appreciates
o1 {# v( _# H/ ~" T8 ~ 2. Which of the following statements is not true of accounting? ______., n* I p& m' A ^
A. Accounting is language of business
5 i) \( [) d0 q1 t5 B0 a B. The user of accounting includes business, government, nonprofit organizations and individuals.! d0 X- H4 o$ |/ F. v
C. Accounting is useful for decision making
5 g0 T u3 v& m$ k& o/ a, [ D. Accounting is an end rather than a means to an end+ ?3 H8 d: o6 N# S5 }; _4 G7 T
3. The term foreign exchange is best defined by the following statement: it is ______.) U" @5 ~4 h" r+ f1 S
A. the rate of exchange between two currencies9 k( I5 ~1 `9 k! c5 B f3 i
B. synonymous with currency exchange7 H* o' H8 n; a& ~- r7 S% o
C. the place in which foreign currencies are exchanged
' @+ S! f2 Q" X( p D. an instrument such as paper currency, note, and check used to make payments between countries b f+ @+ b% ]$ [1 t1 T% |) {
4. What is Asset Allocation? ______.
3 W! @9 E$ {5 f+ S% M& F A. Buying assets of different types, risks, and potential returns
) e% A ]" r x3 J I; X, N B. Buying assets with more than one brokerage account) D+ o5 P9 M7 q- Y
C. The ability to buy mutual funds1 a. P M8 s* [
D. Buying stocks for the long term
( V$ Y3 l' S, |* z0 [; @9 c. E 5. External users of financial accounting information include all of the following except .& T6 q! v# ?$ C' b+ ~& r3 A3 b
A. suppliers
% z6 C' z+ @+ J/ C9 P* \9 E B. line managers, \; N: R, u& m
C. general public
$ `2 C! T+ }8 O" ]& o! E( n5 p r D. creditors0 W6 Z/ \4 W9 @9 N
6. CAPM is short for .
# o8 N8 o; B s0 I+ B; y A. Capital Asset Pricing Model9 e9 J. Q. e: }0 z9 d' }, X4 Q
B. Cash Added Price Matrix
1 m9 ]$ W) G+ o' t L C. Capital Asset Pricing Matrix
) f2 X( h' S! P- g/ o) j D. Cost and Price Model+ F+ R- ?" h) J x
7. Liquidity measures the ______.4 A, s4 T4 w+ d& e
A. value of an asset
, Z# z. U7 o# y {' k B. ease with which an asset can be exchanged3 i. s$ U V i8 k- E: o
C. usefulness of an asset8 a. \& _+ ~7 U# ]
D. economic and monetary reliability of an asset compared with other assets0 V; M5 I* ]" v# A
8. In a letter of credit transaction, the bank pays the seller against ______ which agree(s) with______.
) [, E' p# n5 x+ S: h& r1 D4 i A. documents... the credit
( x0 k- Z$ P4 C3 v B. merchandise... the contract
5 L* V; O: }4 l! k: U2 J$ { C. documents... the contract
' O. i$ `; G$ r D. merchandise...the buyer ordered
* _: J5 ]6 ]) s [0 d0 f 9. A barter economy is one that does not possess _______.
2 n% r/ j8 ~+ O5 x+ | A. any wealth Z/ O; h: @( m. g" n! C
B. printed currency8 H3 r2 f1 V( R5 @
C. a medium of exchange' R6 N; |' z: c; M, U
D. gold
4 l5 {- L; }! K 10. Which of the following is not true of airway bill? ______.4 O$ G p3 F" p# A. i+ e
A. When goods are delivered to the airline, the airway bill is signed by them or their agents as a receipt of the goods
" g1 Z6 j, Q5 F- d. I0 F B. Airway bill is a document of title to the goods" b0 f& z8 L; I/ _! l! _
C. Airway bill may also provide evidence of despatch of the goods where it has been stamped indicating details of the relevant flight* z4 m* b" _7 r4 l0 `; p
D. None of the above |
发表于 2012-8-16 08:05:44
