商业银行管理彼得S.罗斯英文原书第8版-英语试题库Chap005

Rose/Hudgins,BankManagementandFinancialServices,8/e57Chapter5TheFinancialStatementsofBanksandTheirPrincipalCompetitorsFillintheBlankQuestions1.Fedfundspurchasedisanexampleof_______________________alongwithEurodollarborrowings.Answer:nondepositborrowings2.Theshorttermsecuritiesofthebank,includingT-Billsandcommercialpaper,areoftencalled__________________________becausetheyarethesecondlineofdefensetomeetdemandsforcash.Answer:secondaryreserves3.__________________________isanoncashexpenseonthebank'sincomestatementwhichallowsthebanktoaccountforfuturebadloans.Answer:Provisionforloanlosses4.__________________________isthedifferencebetweeninterestincomeandinterestexpensesforafinancialinstitution.Answer:Netinterestincome5.__________________________aretheprimarylongtermliabilitiesofthebank.Theseliabilitiesarepaidonlyafterdepositshavebeenpaidintheeventofbankruptcy.Answer:Subordinatednotesanddebentures6.A(n)__________________________iswherethefinancialinstitutionagreestoguaranteerepaymentofacustomer'sloanreceivedfromathirdparty.Answer:standbycreditagreement7.A(n)__________________________isashorttermcollateralizedloan.ThecollateralthatisusedgenerallyconsistsofT-Bills.Answer:repurchaseagreement8.A(n)__________________________isadepositaccountwhichpaysaninterestratecompetitivewithmoneymarketmutualfundsandwhichgenerallyhaslimitedcheckwritingability.Answer:moneymarketdepositaccountTestBank,Chapter5589._____________________isthesumofalloutstandingIOU'sowedtothebankintheformofconsumer,realestate,commercialandagricultureloansaswellasothertypesofcreditextensions.Answer:grossloans10.Afinancialinstitutionoftenrecordsthevalueofitsassetsandliabilitiesat_______________whichistheoriginalorhistoricalcostoftheasset.Answer:bookvalue11.Theprincipaltypesof__________________________includefeeincome,incomefromfiduciaryactivitiesandserviceschargesondeposits.Answer:noninterestincome12.The__________________________showstheamountofrevenuesreceivedandexpensesincurredoveraspecifictimeperiod.Answer:ReportofIncome(incomestatement)13.The__________________________liststheassets,liabilitiesandequitycapitalheldbythebankonagivendate.Answer:ReportofCondition(balancesheet)14.______________islabeledAccountingforDerivativeInstrumentsandHedgingActivities.Answer:FASB13315.________________labeled“AccountingforDerivativeInstrumentsandHedgingActivities”anditsrecentamendments,FASB138,aredesignedtomakederivativesmorepubliclyvisibleoncorporatefinancialstatements.Answer:FASB13316.Under_____________banksmustaccountfortheexpectedlossofinterestincomeonnonperformingloanswhencalculatingtheirloan-lossprovision.Answer:FASB11417.Temporarilybuyingandsellingsecuritiesbyasecuritiesfirminathinlytradedmarketsoastoinfluencethepriceisknownas_________________.Answer:paintingthetape18.Theactivityofmanipulatingthefinancialstatementstoartificiallyenhancethebanksfinancialstrengthisknownas___________________.Answer:windowdressingor‘creativeaccounting’Rose/Hudgins,BankManagementandFinancialServices,8/e5919.isdirectandindirectinvestmentinrealestate.Thesearepropertiesobtainedforcompensationsfornonperformingloans.Answer:OtherRealEstateOwned(OREO)20.consistsofinterestincomereceivedonloansfromcustomersthathasnotyetbeenearnedbythebankunderaccrualaccountingmethods.Answer:Unearneddiscountincome21.canbeheldbyindividualsandnonprofitinstitutions,bearinterestandpermitdraftsfrombeingwrittenagainsttheaccounttopaythirdparties.Answer:Nowaccounts22.Intheworldwidebankingsystem,representtransferabletimedepositsinavarietyofcurrenciesandareoftentheprincipalsourceofshorttermborrowsbybanks.Answer:EurocurrencyBorrowings23.OnepartofarisesfromfeeschargedforATMandPOStransactions.Answer:OtherNoninterestIncome24.Feesthatarisefromafinancialfirm’strustactivities,feesformanagingacorporations’interestanddividendpaymentsandfeesformanagingcorporateorindividualretirementplansareallincludedinthecategoryoffeesarisingfrom.Answer:fiduciaryactivities25.Checkingaccountmaintenancefeesandoverdraftfeesareincludedinthenoninterestincomeaccountunder.Answer:servicechargesondepositaccountsTrue/FalseQuestionsTF26.Onabank'sincomestatement(ReportofIncome)depositcostsarefinancialinputs.Answer:TrueTF27.Loansandleasesarefinancialoutputsonafinancialinstitution'sbalancesheetorReportofCondition.Answer:TrueTF28.Nondepositborrowingsareafinancialinputonabank'sbalancesheetorReportofCondition.Answer:TrueTestBank,Chapter560TF29.Thecostofnondepositborrowingsisafinancialinputonabank'sincomestatementorReportofIncome.Answer:TrueTF30.Securitiesincomeisafinancialoutputlistedonafinancialinstitution'sReportofCondition.Answer:FalseTF31.Netloansonabank'sbalancesheetarederivedbydeductingtheallowanceforloanlossesandunearneddiscountsfromgrossloans.Answer:TrueTF32.Whenaloanisclassifiedasnonperforminganyaccruedinterestrecordedonthebank'sbooks,butnotactuallyreceived,mustbedeductedfromabank'sloanrevenues.Answer:TrueTF33.InU.S.banking,securitiesgainsaretreatedasordinaryincome.Answer:TrueTF34.Mostbanksreportsecuritiesgainsasacomponentoftheirtotalnoninterestincome.Answer