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金融英语FECT-2单选题(综合)来源：圣才学习【要想考试都不怕，只有常来考试大！】2010年11月11日金融英语FECT-2单选题(综合)。密切关注考试大金融英语试题辅导中心，你将可以挖掘到更多实用更实惠的金融辅导资料。1．Usuallythelowinterestratecurrencytradesata______tothehighinterestratecurrencyintheforwardmarket．A．premiumB．parC．discountD．bar2．Whichofthefollowingstatementsaboutstandbylettersofcreditistrue?______．A．TheycanserveasaguaranteetoabuyeragainstasellerdefaultingB．TheyarecontrarytothegeneralrulethatlettersofcreditmayonlybeusedfortheactualmovementofgoodsC．Theyareunlikeatender（orother）bondintheirlegalstandingandmethodofoperationD．Theyareunlikeatenderbondwithitsfixedexpirydate3．Themostliquidofallassetsis______．A．thestockofcommercialbanksB．M1C．intelligenceD．thedebtofmajorcorporations4．Betaandstandarddeviationdifferasriskmeasuresinthatbetameasures______．A．onlyunsystematicrisk，whilestandarddeviationmeasurestotalriskB．onlysystematicrisk，whilestandarddeviationmeasurestotalriskC．bothsystematicandunsystematicrisk，whilestandarddeviationmeasuresonlyunsystematicriskD．bothsystematicandunsystematicrisk，whilestandarddeviationmeasuresonlysystematicrisk5．Whatinformationwouldyoufindinastatementofcashflowsthatyouwouldnotbeabletogetfromtheothertwoprimaryfinancialstatements?______．A．CashprovidedbyorusedinfinancingactivitiesB．CashbalanceattheendoftheperiodC．TotalliabilitiesduetocreditorsattheendoftheperiodD．Netincome6．Ananalystestimatesthatastockhasthefollowingprobabilitiesofreturndependingonthestateoftheeconomy：StateofeconomyProbabilityReturnGood0．115%Normal0．613%Poor0．37%Theexpectedreturnofthestockis______．A．7．8%B．11．4%C．11．7%D．13．0%7．Accordingtotherulesofdebitandcreditforbalancesheetaccounts______．A．increasesinasset，liability，andowner'sequityaccountsarerecordedbydebitsB．decreasesinassetandliabilityaccountsarerecordedbycreditsC．increasesinassetandowner'sequityaccountsarerecordedbydebitsD．decreasesinliabilityandowner'sequityaccountsarerecordedbydebits8．Individualswillacceptthemediumofexchangeinreturnforgoodsandservicesonlyiftheyareconfidentthat______．A．theinflationrateiszeroB．itpossessesintrinsicvalueC．theycanpassitontoothersD．theycanexchangeitforgold9．Whenacountry'scurrencyappreciates，thecountry'sgoodsabroadbecome______andforeigngoodsinthatcountrybecome______．A．cheaper．．．moreexpensiveB．moreexpensive．．．cheaperC．cheaper．．．cheaperD．moreexpensive．．．moreexpensive10．AUScompanyisbiddingforacontractinChina．ItsChinesecustomerasksforaperformancebond．Whatisthemostlikelycourseofaction?______．A．ItasksitsbanktoissueatenderbondwhichcanbeconvertedintoaperformancebondB．ItgivesupitsbidC．ItconsultsitsbankaboutissuingastandbyletterofcreditD．Itasksitsbanktoissueaperformancebond11．ABCCo．Ltd．hasa$3500accountreceivablefromXYZStore．OnMarch20，XYZmakesapartialpaymentof$2100toABC．ThejournalentrymadeonMdrch20byABCtorecordthistransactionincludes______．A．adebittothecashreceivedaccountof$2100B．acredittotheAccountsReceivableaccountof$2100C．adebittotheCashaccountof$1400D．adebittotheAccountsReceivableaccountof$140012．Interventionintheforeignexchangemarketmeansthegovernment______．A．restrictsindividualsfrombuyingandsellingforeignexchangeB．restrictstheimportationofcertaingoodsC．orcentralbankbuysorsellsforeignexchangeD．devaluesthecurrencyintheforeign－exchangemarket13．Whichofthefollowingisnotaformofcountertrade?______．A．CounterpurchaseB．Buy－backC．OffsetD．Balancetrade14．Acredittoarevenueaccount______．A．decreasesrevenuesB．increasesequityC．decreasesequityD．increasesassets15．Ifthegovernmentguaranteedthatanyonewishingajobwouldbeprovidedone，thelikelyresultwouldbe______．A．massivelayoffsB．anincreaseinthemoneysupplyC．anincreaseininflationaryexpectationsD．thedevelopmentofabartersystem16．Given$100000toinvest，whatistheexpectedriskpremiumindollarsofinvestinginequitiesversusrisk－freeT－bills（U．S．Treasurybills）basedonthefollowingtable?______．ActionProbabilityExpectedReturnInvestinequities0．6$50OOP0．4－$30000Investinrisk－freeT－bill1．0$5000A．$20000B．$18000C．$15000D．$1300017．Economistsassumethatmostpeopletakerisks______．A．becausedoingsoisexcitingB．onlywhentheyhavenorisklessalternativeC．veryinfrequentlyD．iftheyarecompensatedfortakingtherisks18．ThePhillipsCurveshowstherelationshipbetween______．A．aggregatedemandandaggregatesupplyB．interestratesandinflationC．recessionsandboomsD．inflationandtheunemploymentrate19．Inafixedexchangeratesystem，speculativesellingofacurrencyisbasedonanticipationof．A．appreciationB．devaluationC．aforeigntradesurplusD．interestrateincrease20．Acollectingbankisemployedby______．A．theprincipalB．theremittingbankC．thedrawerD．thedrawee，whoisitscustomer答案：1．C2．A3．B4．B5．A6．B7．D8．C9．B10．C11．B12．C13．D14．B15．C16．D17．D18．D19．B20．BPartTwoReadingSectionone（10%）Directions：Therearetenstatementsinthissection．ForeachstatementtherearefourchoicesmarkedA，B，CandD，youshouldchoosethebestanswerandmarkthecorrespondingletterontheANSWERSHEETbydrawingasinglelinethroughthecenter．31．Whenthecollectingbankreceivesfromthepresentingbankthedocumentsforcollecting，it（）A．shouldexaminealldocumentstoascertainwhetherornottheyappear，orontheirface，tobeincompliancewiththem．B．mayexamineeitherthedocumentsortheinst