金融英语考试复习备考及模拟习题2英语学习doc.docx

金融英语考试复习备考及模拟习题2英语学习doc.docx

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金融英语考试复习备考及模拟习题2英语学习doc

2011年金融英语考试复习备考及模拟习题2（英语学习）

1．Commercialpaper______．

A．isissuedmainlybycommercialbanks

B．canbeeithershortorlong－termdebt

C．ismosttypicallyissuedinveryshortmaturities，suchasoneortwomonths

D．oughttobeconsideredacapitalmarketinstrument

2．Theexpectationshypothesisassumesthatinvestorsregardbondsofdifferentmaturities______．

A．asperfectsubstitutes

B．asnotsubstitutesatall

C．assubstitutes，butnotperfectsubstitutes

D．noneoftheabove

3．IftheyieldonTreasurybillsfallsfrom5．27%to5．22%，thentheyieldwilldecreaseby______basispoints．

A．0．05

B．0．5

C．5

D．50

4．Liquidityofabusinessismeasuredby______．

A．therateofreturnonownerequity

B．theratiooftotalrevenuetototalexpensesincurred

C．theratioofcurrentassetstocurrentliabilities

D．theratioofincometocosts

5．Whichofthefollowingisanexampleofanautomaticstabilizer？

______．

A．Achangeininterestrates

B．Anincreaseingovernmentspending

C．Loweringincometaxes

D．Unemploymentinsurance

6．Whichofthefollowingdefinitionsfitsdepreciation？

______．

A．Allocationoftheasset‘smarketvaluetoexpenseoveritsusefullife

B．Allocationoftheasset’scosttoexpenseoveritsusefullife

C．Decreasesintheasset‘smarketvalueoveritsusefullife

D．Increasesinthefundsetasidetoreplacetheassetwhenitiswornout

7．Inthebalanceofpaymentsaccounts，______areunilateraltransfers．

A．directinvestmentsinanothernation’sbusinesses

B．internationaltransactionsinsecuritieswithmaturitiesgreaterthanoneyear

C．internationaltransactionsofsecuritieswithmaturitiesoflessthanoneyear

D．giftsandgrants

8．Aself－employedpersonwhowishestomakeprovisionsforretirementandreducecurrenttaxliabilitiesshouldinvestin______．

A．amoneymarketmutualfund

B．atimedeposit

C．KeoghPlan

D．amoneymarketdepositaccount

9．Thecentralproblemineconomicsisthatof______．

A．comparingthesuccessofcommandversusmarketeconomies

B．guaranteeingthatproductionoccursinthemostefficientmanner

C．guaranteeingaminimumlevelofincomeforeverycitizen

D．allocatingscarceresourcesinsuchamannerthatsociety‘sunlimitedneedsorwantsaresatisfiedaswellaspossible

10．Whichofthefollowingisthemostaccuratemeasureofabond’sinterestrates？

______．

A．Couponrate

B．Yieldtomaturity

C．Currentyield

D．Discountyield

11．Whichofthefollowingisadeterminantofassetdemand？

______．

A．Expectedreturn

B．Risk

C．Liquidity

D．Alloftheabove

12．Whichofthefollowingitemsarereportedasacurrentliabilityonthebalancesheet？

____．

A．Short－termnotespayable

B．Accruedpayrolltaxes

C．Estimatedwarranties

D．Alloftheabove

13．Whichofthefollowingisnottrueoffiscalpolicy？

______．

A．Timelagsoccurwithfiscalpolicy．

B．Automaticstabilizershelptheeconomy．

C．“Crowdingout”isnotaproblemoffiscalpolicy．

D．Noneoftheabove．

14．Whatdistinguishesthemortgagemarketsfromothercapitalmarkets？

______．

A．Securitiesinthemortgagemarketsarecollateralizedbyrealestate

B．Themortgagemarketsusuallyinvolvelong－termfunds

C．Borrowersinthemortgagemarketsincludeindividualsandbusinesses

D．Alloftheabove

15．Theprocessofclosingthebusiness，sellingtheassets，payingtheliabilities，anddisbursingremainingcashtotheownersiscalled______．

A．withdrawal

B．liquidation

C．acquisition

D．dissolution

16．Whenaninvestorisbuyingstockasaninvestment，thevalueofmostdirectconcernis______．

A．parvalue

B．liquidationvalue

C．marketvalue

D．bookvalue

17．Autonomoustransactionsare______．

A．transactionsundertakenbygovernmentstoenforceaprice（exchangerate）intheforeignexchangemarket

B．transactionsthatarenotundertakeninthepursuitofcommercialprofit

C．transactionsundertakenfornormalcommercialmotives

D．noneoftheabove

18．Iftaxesdecrease，whichofthefollowingcorrectlydescribestheeffects？

Disposableincome______consumption______，andsavings．

A．increases．．．decreases．．．decreases

B．increases．．．increases．．．increases

C．decreases．．．increases．．．increases

D．decreases．．．decreases．．．decreases

19．Asuccessfulcompany‘smajorsourceofcashshouldbe______．

A．operatingactivities

B．financingactivities

C．investingactivities

D．acombinationoftheabove

20．Thepriceindexin2002was160，andin2003thepriceindexwas168．Whatwastheinflationrate？

______．

A．68%

B．8%

C．5%

D．indeterminablewithoutknowingthebaseyear