金融英语单选题练习

中华金融学习网官方网站中华金融学习网官方网站金融英语：FECT-1单选题（一）1.Whichofthefollowingisnotafunctionofmoney?______.A.ToactasamediumofexchangeB.ToactasaunitofaccountC.ToactasastoreofvalueD.ToprovideadoublecoincidenceofwantsE.Toactasameansofpayment2.Thepriceintheforeignexchangemarketiscalled______.A.thetradesurplusB.theexchangerateC.themoneypriceD.thecurrencyrate3.Marketriskreferstotheriskof______.A.financialpricesfluctuationsB.defaultC.fraudD.deferredpayments4.Whichofthefollowingisnotamongthegenerallyacceptedaccountingprinciples?______.A.CashbasisB.PrudenceC.ConsistencyD.GoingconcernE.Moneymeasurement.5.Whatisadocumentaryletterofcredit?______.A.AconditionalbankundertakingtopayanexporteronproductionofstipulateddocumentationB.AmethodoflendingagainstdocumentarysecurityC.AninternationaltradesettlementsystembiasedinfavourofimportersD.Alloftheabove6.Holdingagroupofassetsreducesriskaslongastheassets______.A.areperfectlycorrelatedB.arecompletelyindependentC.donothavepreciselythesamepatternofreturnsD.haveacorrelationcoefficientgreaterthanone7.Anamount,payableinmoneygoods,orservice,owedbyabusinesstoacreditor,isknownasa/an.A.liabilityB.debtC.equityD.asset8.Whatfunctionismoneyservingwhenyoubuyatickettoamovie?______.A.storeofvalue中华金融学习网官方网站中华金融学习网官方网站:(1)paymentunderdocumentarycredit(2)openaccount(3)collection,thatisdocumentagainstpaymentoracceptanceofabillofexchange(4)paymentinadvanceFromanexporter'spointofview,theorderofpreferenceis______.中华金融学习网官方网站中华金融学习网官方网站(4),(2),(3),(1)B.(4),(1),(3),(2)C.(4),(3),(1),(2)D.(2),(4),(1),(3)15.Themainliabilityonabankbalancesheetis______.A.depositsB.capitalandreservesC.loansandoverdraftsD.cash16.______showsthatnetincomeforaspecifiedperiodoftimeandhowitwascalculated.A.TheincomestatementB.ThecapitalstatementC.TheaccountingstatementD.Thestatementoffinancialcondition17.Whymusttheliabilitiesandassetsofabankbeactivelymanaged?______.A.BecauseassetsandliabilitiesarenotevenlymatchedonthesametimescaleB.BecauseassetsandliabilitiesareevenlymatchedC.BecausetheinterbankmarketusesLIBORD.Becauseassetsandliabilitiescanbeunderwritten18.Iftheexpectedreturnsoftworiskyassetshaveaperfectnegativecorrelation,thenrisk.A.isincreasedB.fallstozeroC.isunaffectedD.isreducedbyone-half19.Apossibledisadvantageoffreelyfluctuatingexchangerateswithnoofficialinterventionisthat.A.somenationswouldexperiencecontinualdeficitsB.theexchangeratesmayexperiencewideandfrequentfluctuationsC.nationswouldnolongerbeabletoundertakedomesticpoliciesdesignedtoachieveandmaintainfullemploymentD.nationswouldneedalargersupplyofinternationalreservesthanotherwise20.WhatareyourGBP/USDpositionandtheaveragerateifyousell£4mat1.6350buy£5mat1.6340andsell$5mat1.6348?A.Short£2058478.10long$3370000at1.6371B.Long£5941521.90short$9710000at1.6342C.Short£5941521.90long$9710000at1.6342D.Long£4058478.10short$6630000at1.6336答案：1.D2.B3.A4.A5.A6.C7.A8.B9.A10.A11.B12.B13.D14.B15.A16.A17.A18.B19.B20.D（二）中华金融学习网官方网站中华金融学习网官方网站