05439-2020年1月广东自考《商务英语阅读》试题和答案

2020年1月广东省高等教育自学考试商务英语阅读试题【课程代码05439】I.TranslatethefollowingwordsorphrasesintoChinese(10%)1.bearerbond2.debenturebond3.mortgagebond4.accessory(noun)5.IPO6.notary(noun)7.billofexchange8.prod(verb)9.billoflading10.vendorII.TranslatethefollowingwordsorphrasesintoChinese(10%)11.佣金12.巩固13.债权人14.言简意赅的15.承兑交单16.包价旅游17.机会成本18.优先股19.盈亏平衡点20.流动资金III.Choosethebestanswerstofillintheblanks(10%)21.WhichofthefollowingisNOToneoftheautomatedtellermachines'functions?A.Toreceivedeposits.B.TodispensechecksfromcheckingaccountsC.Toreceivepayments.D.Tomakecashadvancesoncreditcardaccounts22.ThefirstisaLetterofIntentthat______theagreementreachedbetweenpartners.A.setsupB.buildsC.createsD.establishes23.Sometimes,visitingthecompanyinpersonisbetter:youarethereandsocannotbe______.A.brushedoffB.clearedC.putoffD.droppedoff24.Ifmarketers______productswhilewaitingforpricestogoup,theseproductsarenotpartofsupply.A.retreatB.reserveC.preserveD.withdraw25.Bylayingoff550employeesintheheadquartersandcompanyfieldoffices,BurgerKing______itsmanagementhierarchy.A.cutdownB.pareddownC.remodeledD.transformed26.ThisiswhysomeChinesefirmssuchasHaierandLenovoarerapidly______theirforeigncounterparts'marketshare.A.eatingintoB.eatingC.enteringintoD.entering27.WhatshouldacompanydofirstifitistodobusinessinChina?A.ItshouldfirstfindoutwhattobuyfromChina.B.Itshouldfirstfindoutitsownneeds.C.ItshouldfirstfindoutwhattomanufactureinChina.D.ItshouldfirstfindoutwhattoselltoChina.28.Eveniftheideaisnotunique,youcan______inthewayyouimplementit.A.makeuniqueB.makeasenseC.makeadifferenceD.makedo29.Manycompanieshaveusedtheirown______stocktoacquireothercompanies.A.inflatedB.inflationC.toinflateD.inflating30.TheIMFputsChina'sshareintheworldeconomyat12.7%,well______Japan's7.1%share.A.offB.inlinewithC.uponD.inexcessofIV.Inthispart,therearethreereadingpassagesfollowedby15questionsorunfinishedstatements.ForeachofthemtherearefourchoicesmarkedA,B,CandD.Youshoulddecideonthebestoneaccordingtoyourunderstanding(30%).Passage1LastyearwasasatisfactoryyearforMacGregor'swithsalesrisingby15%comparedtotheprevioustwelvemonths.Theprofitbeforetaxincreasedby22%andtheafter-taxprofitshowedanincreaseof31%.Thedisparitybetweenthepre-taxandafter-taxfigureswasduetotheincreaseintheproportionofourprofitsearnedoverseas.TheseprofitsgenerallyattractedalowerrateoftaxthantheratechargedintheUK.EngineeringDivisionTheperformancewasgoodnotonlyinrelationtopreviousyearsbutalsoincomparisonwithotherBritishengineeringcompanies.Thereturnoncapitalincreasedby31%andtheDivision,evenaftercapitalexpenditureofover£2million,generatedinexcessof£3millionincashforthegroup.WeintendtoimplementexpansionplansfortheDivisionwhichincludeinvestmentinnewmanufacturingfacilitiesandamajoroverhaulofsomeexistingequipment.PlasticDivisionDespitethedifficultiesinthehomemarket,tradinglevelsweremaintainedasaresultofoursuccessfulconcentrationonexportmarkets.OurBelgiansubsidiary,however,experiencedsuchalowvolumeofordersthatitwasunabletodomorethancontainitslosses.Thisisacompanywhich,itshouldbenoted,hasahighbreak-evenpoint.FinanceThecompany'sliquidityissostrongthatournetborrowingsarclessthan25%ofourtotalsharecapitalandreserves.Asaresult,wehaveaborrowingcapacityofseveralmillionpounds.Ifwerequirehigherinvestmentasaconsequenceofanimprovementintrade,weintendtoobtainfundsbybankborrowingwhich,despitehighinterestrates,wouldbethecheapestwayofraisingmoney.Shouldadditionalcashberequiredforanacquisition,theboardwillconsiderthepossibilityofraisingmorecapital.EarningsThenetworthofourordinarysharesis154pcomparedwithamarketpriceofhalfthatfigure.Theearningsare15.8ppershareandthetotaldividendfortheyearamountsto5.2p.Thereiseveryreasontobeoptimisticaboutthecompany'sprospectinthecurrentyear.Thehighertheinflationrate,however,themoredifficultitwillbetomaintainourprofitposition.Lastyear,Iaskedyoutoberealisticinyourexpectationsandtorememberthedifficulttradingconditions.ThisyearIrepeatthatadviceinviewoftheworldeconomicrecession.31.Wecanbecertainthatthepassageis______.A.anintroductiontoMacGregor'sCompanyB.aproductionplanofMacGregor'sCompanyC.anannualstatementbythechairmanofMacGregor'sCompanyD.afinancestatementbythechairmanofMacGregor'sCompany32.FromthefirstparagraphwecanlearnthatthetaxratechargedonMacGregor'sprofitsis______thatinsomeothercountries.A.usuallylowerintheUKthanB.generallyhigherintheUKthanC.thesameintheUKasD.veryhighbothintheUKand33.LastyearthereturnoncapitalofEngineeringDivisionwasabout______incashforthegroup.A.£1.4millionB.£1.7millionC.£2millionD.£2.3million34.Thisisacompanywhich,itshouldbenoted,hasahighbreak-evenpoint.Thissentencetellsusthat______.A.MacGregor'sBelgiansubsidiaryusuallysuffersgreatlossesB.thecostofMacGregor'sBelgiansubsidiaryisveryhighC.theincomeofMacGregor'sBelgiansubsidiaryisverylargeD.MacGregor'sBelgiansubsidiarymaintainshighbalanceincomeanditsexpenditure35.ThemarketpriceofMacGregor'sordinarysharesisabout______.A.77pB.154pC.231pD.308pPassage2Somesuppliershavediscountpoliciesthatgivecertaincustomersareducedpriceforgoods.Tradediscountsarediscountsoffered