剑桥商务英语中级模拟14.docx

1、剑桥商务英语中级模拟14Test 1READING 1 hourREADINGPART ONEQuestions 17Look at the statements and the company news reports below.Which news reports (A,B,C or D)does each statement 17 refer to?For each sentence 1-7, mark one letter (A, B, C, or D) on your Answer Sheet.You will need to use some of the letters mor

2、e than once.1. This job would be unsuitable if you were looking for long-term employment.2. In this job, you would have to report to more than one person.3. In this job, the official working hours will change from week to week.4. Previous experiences is actually not required for this job.5. The succ

3、essful applicant must be prepared to work long hours for this job.6. This company likes to promote people from within the firm.7. The knowledge of computer skills would help you get this job.AMarketing SecretaryWe are seeking a brilliantly organised and mature department secretary to act as PA to th

4、e Head of Marketing and provide administrative support to three other busy department heads. The successful applicant must have strong secretarial skill and knowledge of up-to-date information technology. A good sense of humour and excellent communication skills are essential.BScience Marketing Assi

5、stantThis position would suit a recent science graduate with an interest in developing a career in marketing in publishing environment. Marketing experience is preferable but not essential as full training will be given. The company also has a strong internal recruitment policy.CAssistant Museum Man

6、agerReporting directly to the Manager. Your role will be to help improve visitor services. The flexible 35-hour week will regularly involve working weekends and evenings. Previous experience of working in a similar role is required. This is initially a one-year appointment but may be extended.DInter

7、national Management ConsultantSuitable bilingual applicants will have worked in a similar position here or abroad for at least two years. Excellent communication and presentation skills are vital, as is the willingness to invest the necessary time in order to succeed in a highly competitive and chal

8、lenging market.PART TWOQuestions 812Read the article below about changes in working time.Choose the best sentence to fill in each of the gaps.For each gap 812,mark one letter (AG) on your Answer Sheet.Do not use any letter more than once.One answer has been given as an example.There is an example at

9、 the beginning.The Nature of Money See if you can locate a $5, $10, or $20 bill printed before 1964 and marked Federal Reserve Note over the portrait. In the upper-left portion above the seal, a statement written in fine print says that the note is legal tender (法定货币) and that it is redeemable (可兑现的

10、)in lawful money at the United States Treasury (美国财政部), or at any Federal Reserve Bank. Does this mean that the bill is not lawful? At the bottom center the same bill says, Will pay to the bearer on demand X dollars. (8) . (9) . Many people believe that money has no value unless (10) . They think th

11、at the Federal Reserve note is only a symbol for money, and that real money is the precious metal backing the note. Some people look on money as wealth and believe that it must have intrinsic (内在的)value.If we were to study the history of money, we would find that (11) . Cattle, shell, beads (珠子), to

12、bacco leaves, and various metalsincluding iron, zinc (锌), bronze (青铜), and copperhave all been used as a basis of exchange. The precious metals, particularly silver and gold, have proved most satisfactory for this purpose and have been most commonly used in modern times.Until early 1968, the United

13、States backed its Federal Reserve Notes with 25 percent gold, but this did not mean that (12) . Clearly, it is not what money is but what it does that is important.A it is backed by gold or silver.B in different places and at different times a variety of things have been used as money.C See if you c

14、an locate a $5, $10, or $20 bill printed before 1964 and marked Federal Reserve Note over the portrait.D citizens could use gold as money or convert paper dollar to gold.E therefore, the precious metals can be taken as money.F Does it mean that your X-dollar bill is not X dollars?G Much confusion ex

15、ists about the real nature of money.PART THREEQuestions 1318Read the article below about Common Stock and Preferred Stock and the questions.For each question 1318,mark one letter A, B, C or D on your Answer Sheet.Common Stock and Preferred StockA public corporation issues certificates of ownership,

16、called common stock, which may be traded on stock ex changes. Anyone can buy and sell shares of common stock. Owners of stock are referred to as shareholders and stockholders. Common stockholders are accorded certain rights by the corporate charter. In the United States, these rights vary from state

17、 to state, but in general the articles of incorporation spell out voting rights and rights to receive profits.Common stockholders are the voting owners of a Corporation. They are usually entitled to one vote per share. They may vote on numerous affecting the corporation (including a decision to sell

18、 or merge with anther corporation) and elect a board of directors, who, in turn, hire managers to run the business. A majority shareholder is one who owns over 50 percent of the outstanding shares in a corporation and, thus, can call the shots. All other shareholders are minority shareholders. In la

19、rge corporations no single person or organization owns anywhere near a majority interest. In large, publicly owned corporations a shareholder with as little as 10 percent of the shares may control the corporation effectively. If things go badly, a coalition of so called dissident shareholders may ga

20、ther enough votes to replace the existing board of directors; the new board may fire the existing management and bring in their own management team.Although common stock represents ownership in a company, it does not guarantee the owners a specified rate of return. As owners, the stockholders receiv

21、e profits after all expenses, including debts and taxes, have been paid. They receive profits from the business in the form of dividend payments, which represent a percentage of profits. Not all after-tax profits are paid to the stockholders in dividends. Directors usually decide quarterly how much,

22、 if any, if the profits they wish to distributed to the owners. The profits are either distributed to the owners in dividends or they are reinvested bank into the company in the form of retained earnings. If the company decides to keep the profits, the company may become more valuable and the price

23、of the stock usually goes up. Some investors prefer profits in the way of dividends while others speculate for an increase in the price of stock. If a company goes broke, common stockholders get last claim on whatever is left over.Corporations may also issue preferred stock to investors. Preferred s

24、tock usually has no vote in the election of the board of directors, but does get preference in the distribution of the companys earnings. It offers investors a different type of security and may be issued only after common stock had been issued. The term preferred applies to two conditions. First, p

25、referred stockholders gain preferential treatment in the matter of dividends) That is, they receive a fixed fete of dividends prior to the payment of dividends on common shares. Second, if the company goes out of business or liquidates, preferred stockholders are closer to the front of the line than

26、 common stockholders when distributing the companys assets.Dividends to preferred stock may be cumulative or noncumulative. Cumulative preferred stock maintained its claim to dividends even if the company had a bad year in 1994, they might decide not to pay dividends. But if they had a good year in

27、1995, and declared stock dividends do not accumulate, If dividends are not declared, noncumulative owners lose their claim to the profit of that period.All in all, common stock usually has more control through voting privileges, greater chance for high returns, and more risk, while preferred stock u

28、sually has less control, fixed returns, less risks, and less chance for big gains.13. The second paragaph describes _. A. the returns to common stockholders B. the majority and minority stockholders C. the voting rights of common stockholders D. the formation of common stock14. Common stock traded o

29、n stock exchanges represents _. A. the voting rights the stockholders have B. the stock shared by common people C. the profits the shareholders receive D. the ownership of a public corporation15. One of the differences between common stock and preferred stock lies in that _. A. the former is safer i

30、n getting dividends B. common stockholders get more stable profits C. the latter gets more fixed returns D. preferred stockholders have more rights in voting16. The main purpose of, the third paragraph is to tell us _. A. the rate of returns to the stockholders B. the risk of common stockholders C.

31、the distribution of profits to the stockholders D. the benefits of common stock17. For those who want to get high returns, it is better for them to buy _. A. preferred stock B. common stock C. noncumulative stock D. cumulative stock18. With cumulative preferred stock, stockholders can _. A. claim to

32、 the former profits when the company has a good year B. have more control over the company C. claim to the former profits when the company had a bad year D. receive high returnsPART FOURQuestions 1933Read the article below about public image.Choose the best word to fill each gap, from A, B, C or D.For each question 1933, mark one letter (A, B, C or D) on your Answer Sheet.There is an example at the beginning.Significane of the Public