【文章內(nèi)容簡介】 oan 　　C. go bankrupt 　　D. all of the above 　　47. What is the reserve requirement? ______. 　　A. The requirement of a bank to deposit a percentage of money 　　B. The requirement for deposits in cash 　　C. The percentage of a bank39。s deposits in the form of cash reserves 　　D. The requirement for cash reserves 　48. A draft is like a check that can be endorsed but it isn39。t a title to goods, like ______. 　　A. a bill of lading 　　B. an inspection certificate 　　C. a certificate of origin 　　D. an insurance certificate 　　49. Arbitrage ______. 　　A. is a general economic term for buying something where it is cheap and selling it where it is dear 　　B. keeps exchange rates consistent across markets 　　C. has been outlawed by the International Monetary Fund 　　D. cannot occur where there is a forward exchange market 　　E. both A and B 　　50. What is the purpose of paring the ledger entries with the documents? ______. 　　A. To prove that all the transactions have made for the right amounts 　　B. To prove that all the accounts have been posted correctly 　　C. To check the number of all the debits and credits 　　D. To post the right accounts 51. What is Dollar Cost Averaging? ______. 　　A. A brokerage account that gives investors cheap trades 　　B. The idea that prices tend to rise over the long term 　　C. Buying stocks that are below average in value 　　D. A flat quarterly mutual fund fee averaged throughout the year 　　E. A strategy of investing money on a regular basis to take advantage of market fluctuations 　52. From a Chinese bank39。s point of view, the currency account which it maintains abroad is known as______, while a RMB account operated in China for a foreign bank is termed ______. 　　A. a vostro account…… a nostro account 　　B. a vostro account…a mirror account 　　C. a mirror account…a nostro account 　　D. a nostro account…… a vostro account 　　53. Under FOB terms the bill of lading would state goods ______. 　　A. loaded on board, freight payable at destination 　　B. loaded on board, freight paid 　　C. received for shipment, freight paid 　　D. received for shipment, freight payable at destination 　　54. The liabilities of the bank as shown in its balance sheet represent the ______ which it uses in its business. 　　A. sources of the funds 　　B. share capital 　　C. investments 　　D. advances to customers 　　55. International payments and other messages are often sent through an international puter network called ______. 　　A. CHAPS 　　B. BACS 　　C. SWIFT 　　D. EIMT 　　56. Low levels of uncertainty (risk) are associated with . 　　A. stocks 　　B. stock options 　　C. higher potential returns 　　D. lower potential returns 　　57. Government securities would appear on a mercial bank39。s balance sheet as ______. 　　A. an asset 　　B. reserves 　　C. part of net worth 　　D. a liability 　　58. A major problem with a fixed exchange rate system is that when countries run foreign trade deficits, ______. 　　A. there is no selfcorrecting mechanism 　　B. currency values bee unstable 　　C. the value of the reserve currency declines 　　D. world inflation increases 　59. In a particular economy banks are required to keep 25 percent of all deposits in the form of reserves。 this gives a creditcreation multiplier of ______. 　　A. four 　　B. three 　　C. two 　　D. five 　　60. Regulation of the money supply and financial markets is referred to as ______. 　　A. fiscal policy 　　B. ine policy 　　C. monetary policy 　　D. budgetary policy 　61. When a country runs a foreign trade deficit under a flexible foreign exchange rate system, its . 　　A. imports automatically increase 　　B. currency automatically depreciates 　　C. exports automatically decline 　　D. currency automatically appreciates 　　62. Which of the following statements is not true of accounting? ______. 　　A. Accounting is language of business 　　B. The user of accounting includes business, government, nonprofit organizations and individuals. 　　C. Accounting is useful for decision making 　　D. Accounting is an end rather than a means to an end 　　63. The term foreign exchange is best defined by the following statement: it is ______. 　　A. the rate of exchange between two currencies 　　B. synonymous with currency exchange 　　C. the place in which foreign currencies are exchanged 　　D. an instrument such as paper currency, note, and check used to make payments between countries 　　64. What is Asset Allocation? ______. 　　A. Buying assets of different types, risks, and potential returns 　　B. Buying assets with more than one brokerage account 　　C. The ability to buy mutual funds 　　D. Buying stocks for the long term 　　65. External users of financial accounting information include all of the following except . 　　A. suppliers 　　B. line managers 　　C. general public 　　D. creditors 　　66. CAPM is short for . 　　A. Capital Asset Pricing Model 　　B. Cash Added Price Matrix 　　C. Capital Asset Pricing Matrix 　　D. Cost and Price Model 　　67. Liquidity measures the ______. 　　A. value of an asset 　　B. ease with which an asset can be exchanged 　　C. usefulness of an asset 　　D. economic and monetary reliability of an asset pared with other assets 　　68. In a letter of credit transaction, the bank pays the seller against ______ which agree(s) with______. 　　A. documents…… the credit 　　B. merchandise…… the contract 　　C. documents…… the contract 　　D. merchandise……the buyer ordered 69. A barter economy is one that does not possess _______. 　　A. any wealth B. printed currency 　　C. a medium of exchange D. gold 　　70. Which of the following is not true of airway bill? ______. 　　A. When goods are delivered to the airline, the airway bill is signed by them or their agents as a receipt of the goods 　　B. Airway bill is a document of title to the goods 　　C. Airway bill may also pro