金融英语的单选题.docx

1、金融英语的单选题资料范本 本资料为word版本，可以直接编辑和打印，感谢您的下载金融英语的单选题 地点：_时间：_说明：本资料适用于约定双方经过谈判，协商而共同承认，共同遵守的责任与义务，仅供参考，文档可直接下载或修改，不需要的部分可直接删除，使用时请详细阅读内容金融英语：FECT-1单选题（一）1. Which of the following is not a function of money? _.A. To act as a medium of exchangeB. To act as a unit of accountC. To act as a store of valueD.

2、To provide a double coincidence of wantsE. To act as a means of payment2. The price in the foreign exchange market is called _.A. the trade surplusB. the exchange rateC. the money priceD. the currency rate3. Market risk refers to the risk of_.A. financial prices fluctuationsB. defaultC. fraudD. defe

3、rred payments4. Which of the following is not among the generally accepted accounting principles? _.A. Cash basisB. PrudenceC. ConsistencyD. Going concernE. Money measurement.5. What is a documentary letter of credit? _.A. A conditional bank undertaking to pay an exporter on production of stipulated

4、 documentationB. A method of lending against documentary securityC. An international trade settlement system biased in favour of importersD. All of the above6. Holding a group of assets reduces risk as long as the assets _.A. are perfectly correlatedB. are completely independentC. do not have precis

5、ely the same pattern of returnsD. have a correlation coefficient greater than one7. An amount, payable in money goods, or service, owed by a business to a creditor, is known as a/an .A. liabilityB. debtC. equityD. asset8. What function is money serving when you buy a ticket to a movie? _.A. store of

6、 valueB. a medium of exchangeC. transaction demandD. a unit of account9. If foreigners expect that the future price of sterling will be lower, the _.A. supply of sterling will increase, demand for sterling will fall, and the exchange rate will fallB. supply of sterling will increase, demand for ster

7、ling will rise, and the exchange rate may or may not increaseC. supply of sterling will fall, demand for sterling will increase, and the exchange rate will riseD. supply of sterling will fall, demand for sterling will fall, and the exchange rate may or may not fall10. The documentary collection prov

8、ides the seller with a greater degree of protection than shipping on _.A. open accountB. banks letter of guaranteeC. bankers draftD. documentary credit11. Which of the following statements is not true of central banks? _.A. They pay the governments salariesB. They always undertake the regulation of

9、the banking systemC. They are always the lender of last resortD. None of the above12. 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 invest

10、ment, suppose 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 reducedB. If X and Y are perfectly negatively correlated, the risk of the portfolio is perfectly offsetC. If X and

11、Y are perfectly positively correlated, the risk of the portfolio is neither reduced nor increasedD. If X and Y are perfectly negatively correlated, the risk of the portfolio is neither reduced nor increased14. These are four main methods of securing payment in international trade:(1) payment under d

12、ocumentary credit(2) open account(3) collection, that is document against payment or acceptance of a bill of exchange(4) payment in advanceFrom an exporters 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.

13、 The main liability on a bank balance sheet is _.A. depositsB. capital and reservesC. loans and overdraftsD. cash16. _ shows that net income for a specified period of time and how it was calculated.A. The income statementB. The capital statementC. The accounting statementD. The statement of financia

14、l condition17. Why must the liabilities and assets of a bank be actively managed? _.A. Because assets and liabilities are not evenly matched on the same time scaleB. Because assets and liabilities are evenly matchedC. Because the interbank market uses LIBORD. Because assets and liabilities can be un

15、derwritten18. If the expected returns of two risky assets have a perfect negative correlation, then risk .A. is increasedB. falls to zeroC. is unaffectedD. is reduced by one-half19. A possible disadvantage of freely fluctuating exchange rates with no official intervention is that .A. some nations would experience continual deficitsB. the exchange rates may experience wide and frequent fluctuationsC. nations would no longer be able to undertake d