金融英语单选题练习
人生喜事〔一〕
1. Which of the following is not a function of money? ______.
A. To act as a medium of exchange
B. To act as a unit of account
C. To act as a store of value
D. To provide a double coincidence of wants
E. To act as a means of payment
2. The price in the foreign exchange market is called ______.
A. the trade surplus
雪梅香B. the exchange rate
C. the money price
D. the currency rate
3. Market risk refers to the risk of______.
A. financial prices fluctuations
B. default
C. fraud
D. deferred payments
4. Which of the following is not among the generally accepted accounting principles? ______.
A. Cash basis
B. Prudence
C. Consistency
D. Going concern
E. Money measurement.
5. What is a documentary letter of credit? ______.
A. A conditional bank undertaking to pay an exporter on production of stipulated documentation
B. A method of lending against documentary curity
C. An international trade ttlement system biad in favour of importers
D. All of the above
6. Holding a group of asts reduces risk as long as the asts ______.
A. are perfectly correlated
B. are completely independent
C. do not have precily the same pattern of returns
D. have a correlation coefficient greater than one
儿童专注力7. An amount, payable in money goods, or rvice, owed by a business to a creditor, is known as a/an .
A. liability
B. debt
C. equity
D. ast
8. What function is money rving when you buy a ticket to a movie? ______.
A. store of value 数学日记100字
B. a medium of exchange
C. transaction demand
D. a unit of account
公园用英语怎么说9. If foreigners expect that the future price of sterling will be lower, the ______.
A. supply of sterling will increa, demand for sterling will fall, and the exchange rate will fall
B. supply of sterling will increa, demand for sterling will ri, and the exchange rate may or may not increa
C. supply of sterling will fall, demand for sterling will increa, and the exchange rate will ri
D. supply of sterling will fall, demand for sterling will fall, and the exchange rate may or may not fall
10. The documentary collection provides the ller with a greater degree of protection than shipping on ______.
A. open account
B. bank's letter of guarantee
C. banker's draft 布兰查德
D. documentary credit
11. Which of the following statements is not true of central banks? ______.
A. They pay the government's salaries
B. They always undertake the regulation of the banking system
开胃菜有哪些C. They are always the lender of last resort
D. None of the above
12. When GBP/USD rate goes from 1.6150 to 1.8500, we say the dollar ______.
A. appreciates by 12.70%
B. depreciates by 14.55%
C. depreciates by 12.70%
D. appreciates by 14.55%
13. According to diversification principle in investment, suppo you invest Stock X and Stock Y with equal funds, which of the following is not true? ______.
A. If X and Y are totally independent with each other, the risk of the portfolio is reduced
B. If X and Y are perfectly negatively correlated, the risk of the portfolio is perfectly offt
C. If X and Y are perfectly positively correlated, the risk of the portfolio is neither reduced nor incread
D. If X and Y are perfectly negatively correlated, the risk of the portfolio is neither reduced nor incread
14. The are four main methods of curing payment in international trade:
(1) payment under documentary credit
(2) open account
(3) collection, that is document against payment or acceptance of a bill of exchange
(4) payment in advance
From an exporter's point of view, the order of preference is ______.
A. (4) , (2) , (3) , (1)
B. (4) , (1) , (3) , (2)
C. (4) , (3) , (1) , (2)
D. (2) , (4) , (1) , (3)
15. The main liability on a bank balance sheet is ______.
A. deposits
B. capital and rerves
C. loans and overdrafts
D. cash
16. ______ shows that net income for a specified period of time and how it was calculated.
案例报告
A. The income statement
B. The capital statement
C. The accounting statement
D. The statement of financial condition
17. Why must the liabilities and asts of a bank be actively managed? ______.
A. Becau asts and liabilities are not evenly matched on the same time scale
B. Becau asts and liabilities are evenly matched
C. Becau the interbank market us LIBOR
D. Becau asts and liabilities can be underwritten
