【正文】
s equity in the business is worth under current market conditions20. A fiscal expansion in the UK ______ the pound sterling.A. tends to appreciate B. tends to depreciateC. does not affect the price of D. has no predictable effect on the price of答案: 14 / 14。 this gives a creditcreation multiplier of ______.A. four B. threeC. two D. five20. Regulation of the money supply and financial markets is referred to as ______.A. fiscal policy B. ine policyC. monetary policy D. budgetary policy答案: 1. When a country runs a foreign trade deficit under a flexible foreign exchange rate system, its .A. imports automatically increaseB. currency automatically depreciates C. exports automatically declineD. currency automatically appreciates2. Which of the following statements is not true of accounting? ______.A. Accounting is language of businessB. The user of accounting includes business, government, nonprofit organizations and individuals.C. Accounting is useful for decision makingD. Accounting is an end rather than a means to an end 3. The term foreign exchange is best defined by the following statement: it is ______.A. the rate of exchange between two currenciesB. synonymous with currency exchangeC. the place in which foreign currencies is exchangedD. an instrument such as paper currency, note, and check used to make payments between countries4. What is Asset Allocation? ______.A. Buying assets of different types, risks, and potential returns B. Buying assets with more than one brokerage accountC. The ability to buy mutual fundsD. Buying stocks for the long term5. External users of financial accounting information include all of the following except .A. suppliers B. line managers C. general public D. creditors6. CAPM is short for .A. Capital Asset Pricing Model B. Cash Added Price MatrixC. Capital Asset Pricing Matrix D. Cost and Price Model7. Liquidity measures the ______.A. value of an assetB. ease with which an asset can be exchanged C. usefulness of an assetD. economic and monetary reliability of an asset pared with other assets8. In a letter of credit transaction, the bank pays the seller against ______ which agree(s) with______.A. documents... the credit B. merchandise... the contractC. documents... the contract D. merchandise...the buyer ordered9. A barter economy is one that does not possess _______.A. any wealth B. printed currencyC. a medium of exchange D. gold10. 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 goodsB. Airway bill is a document of title to the goodsC. Airway bill may also provide evidence of despatch of the goods where it has been stamped indicating details of the relevant flightD. None of the above1. When a country runs a foreign trade deficit under a flexible foreign exchange rate system,its .A. imports automatically increaseB. currency automatically depreciates C. exports automatically declineD. currency automatically appreciates2. Which of the following statements is not true of accounting? ______.A. Accounting is language of businessB. The user of accounting includes business, government, nonprofit organizations and individuals.C. Accounting is useful for decision makingD. Accounting is an end rather than a means to an end 3. The term foreign exchange is best defined by the following statement: it is ______.A. the rate of exchange between two currenciesB. synonymous with currency exchangeC. the place in which foreign currencies is exchangedD. an instrument such as paper currency, note, and check used to make payments between countries4. What is Asset Allocation? ______.A. Buying assets of different types, risks, and potential returns B. Buying assets with more than one brokerage accountC. The ability to buy mutual fundsD. Buying stocks for the long term5. External users of financial accounting information include all of the following except .A. suppliers B. line managers C. general public D. creditors6. CAPM is short for .A. Capital Asset Pricing Model B. Cash Added Price MatrixC. Capital Asset Pricing Matrix D. Cost and Price Model7. Liquidity measures the ______.A. value of an assetB. ease with which an asset can be exchanged C. usefulness of an assetD. economic and monetary reliability of an asset pared with other assets8. In a letter of credit transaction, the bank pays the seller against ______ which agree(s) with______.A. documents... the credit B. merchandise