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金融英语模拟题（一）ParttwoReadingSectionOne(10%)Directions:Therearetenstatementsinthissection.ForeachstatementtherearefourchoicesmarkedA，B，C，D.Youshouldchoosethebestanswer.31.Ifthelessormakesanequityinvestmentequalto20%oftheequipment'soriginalcost,andborrowstheremaining80%fromalong-termcreditor,andwritesanoncancelableleasefortheequipment,suchleaseiscalleda___________.A.operatingleaseB.leveragedleaseC.direct-financingleaseD.sales-typelease32.Theinterestrateforborrowingfundsfrominter-bankmarketiscloseto,butalwaysslightly____________theratethatisavailablefromthecentralbank.A.lowerthanB.higherthanC.ashighasD.notashighas33.___________isafinancialmarketinwhichsecuritiesthathavebeenpreviouslyissuedcanberesold.A.AprimarymarketB.AsecondarymarketC.AissuingmarketD.Thecapitalmarket34.OfthechallengingissuesinInternetbanking,whichpeoplecaremost,is_________.A.theprovisionofasecureplatformforbankingtransactionsB.whethermanagementhasthecreativityandvisiontoharnessthetechnologyC.howtodeliverhigh-qualityproductsforthecustomers'convenienceD.whethermanagementhastheabilitytosatisfycustomers'continuallychangingfinancialneeds35.FromaChineseBank'spointofview,thecurrencyaccountwhichitmaintainsabroadisknownas_______,whileaRMBaccountoperatedinChinaforaforeignbankistermed________.A.avostroaccount;anostroaccountB.amirroraccount;anostroaccountC.anostroaccount;avostroaccountD.avostroaccount;amirroraccount36.If__________,suchasituationiscalledbreak-even.A.contributionmargin=fixedcostsB.contributionmargin=totalcostsC.profit=expenseD.salesrevenue=variablecost37.Foreign-fundedenterprisesmayretaintheirexportearningsifthoseearnings_______.A.getafterSAFEapprovesB.willberemittedabroadC.willbeinvestedinlocalareaD.donotexceedthelimitsetbytheSAFE38.BOTisanabbreviatedformof_________.A.build-or-technologyB.build-operate-transferC.build-operate-technologyD.benefit-operate-transfer39._________isthefoundationofprivateaccounting,whichanalyzesabusiness'scoststohelpmanagerscontrolexpenses.A.BudgetingB.ManagementinformationsystemC.InternetauditingD.Costaccounting40.Underwritingsimplymeansthattheinvestmentbankerpromisesto________thesecurities.A.buyB.sellC.designD.issueSectionTwo(10%)Directions:Thereare10blanksinthefollowingpassages.ForeachblankstherearefourchoicesmarkedA,B,C,D.Youshouldchoosethebestanswer.PassageOneAnotherwayofdistinguishingmarketsisonthebasisofthe_____41_______ofthesecuritiesineachmarket.The__42______isafinancialmarketinwhichonlyshort-termdebtinstrumentsaretraded.The___43_____isthemarketinwhichlonger-termdebtandequityinstrumentsaretraded.Thesecuritiesintheformerareusuallymorewidelytradedthanthoseinthelatterandsotendtobe____44______.Inaddition,short-termsecuritieshave_____45______fluctuationsinpricesthanlong-termsecurities,makingthemsaferinvestments.41.A.volumeB.maturityC.issuingprocedureD.kind42.A.moneymarketB.capitalmarketC.primarymarketD.secondarymarket43.A.moneymarketB.capitalmarketC.primarymarketD.secondarymarket44.A.moresolventB.moreriskC.moreliquidD.safer45.A.volatileB.violentC.widerD.smallerPassageTwoIndocumentarycreditoperations,allpartiesconcerneddealin___46____andnotin____47____.Thebankscheckexclusivelyonthebasisofdocuments___48____tothemtoseewhetherthetermsofthecredithavebeenfulfilled.Theyare____49_____toverifywhetherthegoodssuppliedactuallyagreewiththosespecifiedinthecredit,____50____differences,say,betweenthegoodsinvoicedandthoseactuallydelivered,noranswerabletothebuyers'complaintsaboutthesedifferences.Itisuptothebuyersandsellerstosettlequestionablesofthisnaturebetweenthemselves.46.A.goodsB.creditsC.documentsD.contracts47.A.goodsB.creditsC.documentsD.contracts48.A.deliveredB.presentedC.deliverD.release49.A.responsibleB.notresponsibleC.boundD.willing50.A.norliableforB.orliableforC.norliabletoD.orliabletoSectionThree(10%)Directions:Readthefollowingpassages,anddeterminewhetherthesentencesareRightorwrong.Ifthereisnotenoughinformationtoanswerrightorwrong''.chooseDoesn'tsay.PassageOneNewissuesofcommonstockcomeintotwovarieties,primarydistributionsandsecondarydistributions.Primariesaresalesofstockthathaveneverbeenissuedbefore.Therearetwotypesofprimarydistributions--initialpublicoffering(IPOs)andadditionalfloatsofcompanies'stockthatwilldiluteeachshareholder'sexistingholding.Ofthetwo,thelatteraremorecommoninthenewissuesmarketforequitiessincetheyinvolveofferingsofsharesoflarger,morematurecompaniesseekingadditionalequitycapital.Secondarydistributionsaresalesofstockthatpreviouslyexistedinsomeformorotherbutaretoolargetobeaccommodatedonthestockexchanges.Proceduresforsecondariesoftenfollowthoseforprimariesalthoughtheofferingperiodismuchshorterandmayinvolveamatterofhoursratherthandays.Theactualmarketingfortheseissuesisdonebyinvestmentbankersdirectlytothepublic.Onrareoccasions,companieshaveattemptedtoselltheirsharesorbondsdirectlytothepublic,avoidinginvestmentbankingfees.Unlessthecompanyisverywellknown,suchattemptsarelessthansuccessful.Thebehaviorofinvestmentbankersiskeytothereceptionofnewissuesanddirectlyaffectsthecostofcapitalforacompany.Asaresult,thech