【正文】 test stated date for shipment stipulated.) ______.A. Presentation to you on Monday 25 February with the bill of lading dated 25 FebruaryB. Presentation on Monday 25 February with the bill of lading dated Sunday 24 FebruaryC. Presentation on Tuesday 26 February with the bill of lading dated Sunday 24 FebruaryD. Presentation on Friday 22 February with the bill of lading dated Sunday 29 January6. What are the standard deviations of returns on Stocks X and Y respectively? ______.A. 15% and 26% B. 24% and 13%C. 20% and 4% D. 28% and 8%7. Who makes the first presentation of documents under a transferable credit? ______.A. Applicant B. First beneficiaryC. Second beneficiary D. None of the above8. A transaction caused a $10 000 decrease in both total assets and total liabilities. This transaction could have been ______.A. repayment of a $ 10 000 bank loan B. an asset with a cost of $10000 was destroyed by fireC. purchase of a delivery truck for $10 000 cashD. collection of a $10 000 account receivable9. Money ceases to serve as an effective store of value when ______.A. the government runs large deficits B. the unemployment rate is very highC. productivity in the economy declinesD. rapid inflation occurs10. An indication that the money supply is greater than the desirable amount would be .A. insufficient spending and excessive savingB. deflationC. inadequate spending and rising unemploymentD. rising wages and prices 11. If a nation39。s interest rates are relatively low pared to those of other countries, then the exchange value of its currency will tend to ______ under a system of exchange rates.A. appreciate... floating B. depreciate...floating C. appreciate... fixed D. depreciate... fixed12. Which of the following is true of a pany39。s balance sheet? ______.A. It displays sources and uses of cash for the periodB. It is unnecessary if both an ine statement and a statement of cash flows are availableC. It is a separate representation of the pany39。s revenue and expense transactions for the yearD. It is an expansion of the basic accounting equation of Assets=Liabilities+Owner39。s Equity13. When Americans or foreigners expect the return on dollar deposits to be high relative to the return on foreign deposits, there is a ______ demand for dollar deposits and a correspondingly ______ demand for foreign deposits.A. higher... higher B. lower... higherC. higher... lower D. lower...lower14. Velocity is the ______.A. inverse of GNPB. speed at which checking accounts are converted into cashC. relationship between the price level and the money supplyD. rate at which money turns over15. Assume that of your $10 000 portfolio, you invest $9 000 in Stock X and $1 000 in Stock Y. What is the expected return on your portfolio? ______.A. 18% B. 20%C. 19% D. 3%16. Which of the following would you expect to find in a correctly prepared ine statement? .A. Cash balance at the end of the periodB. Expenses incurred during the period to earn revenues C. Contributions by the owner during the periodD. The reported pany39。s financial position at a specific date17. The concept of beta is most closely associated with ______.A. correlation coefficient B. the capital asset pricing modelC. nonsystematic risk D. meanvariance analysis18. The velocity of money for a given year can be calculated by ______.A. dividing GNP by the money supply B. dividing aggregate supply by aggregate demandC. dividing the price level by the money supplyD. multiplying the price level by total output19. The theory of purchasing power parity states that exchange rates between any two currencies will adjust to reflect changes in ______.A. the price levels of the two countries B. the current account balances of the two countriesC. the fiscal policies of the two countriesD. the trade balances of the two countries20. Before issuing a credit, it is important for the issuing bank ______.A. to make certain of the importer39。s creditworthinessB. to go through the contract termsC. to have a thorough understanding of the exporterD. all of the above答案： 13 / 13