1、金融英语初级汇总真题二(暂缺听力音频)及答案解析(总分：100.00，做题时间：90 分钟)一、Section one(10%)(总题数：10，分数：10.00)A.The next dayB.The coming FridayC.Next SaturdayD.The following MondayA.The guarantee period will be over two yearsB.The guarantee period will be only two years.C.The seller will give us only a one-year guarantee period
2、D.The seller will give us a three-year guarantee periodA.Mary does her work better than Alice.B.Mary is taller than her colleague Alice.C.Alice works better in the bank than Mary.D.Mary walks faster than Alice.A.Banking globalization is in danger at present.B.Its too early to stage banking globaliza
3、tion .C.Banking globalization is an urgent challenge .D.An urgent problem is facing banks all over the world.A.They usually hold savings accounts.B.They have current accountsC.They specialize in long-term savings accounts and mortgagesD.They deal in short-term savings accountsA.They want to close th
4、eir accounts in the bankB.The bank might close their current accountsC.The customers overdrawn accounts must be closed.D.The bank closed their overdrawn accountsA.Their operations must be brisk.B.They have a large profit for the years operationsC.There has been a large deficit in the year.D.They ant
5、icipate a great excess of debts over income for the years operationsA.Deflation results from the reduction in the money supplyB.The money supply has been reduced.C.The demand for the money supply has gone up.D.Inflation shows an increase in the money supplyA.The merchant expects his goods to be sold
6、 quicklyB.The dividend increase made the stockholders pleased.C.The workers are pleased with the wage increaseD.The stockholders have no dividend this yearA.I dont think theres a mistake on my statementB.I dont think theres an error on the financial statementC.I think theres a mistake on my monthly
7、statementD.I think theres a mistake on the auditing statement二、Section Two(10%)(总题数：10，分数：10.00)A.8%B.16%C.22%D.32%A.RestaurantB.Super marketC.ticket officeD.HotelA.A tellerB.An assistant auditorC.An accountantD.A cashierA.Endorse the chequeB.Wait for a whileC.Sign the collection receiptD.Show her i
8、dentificationA.The man cant get cash before the proceeds are collected.B.There is something wrong with the proceedsC.The woman will be paid directly by the paying bankD.The personal cheque cant be encashed over the counterA.Some yen notesB.Some yuan notesC.Some dollar notesD.Some pound notesA.Of the
9、 house valueB.Of the mortgage valueC.Of the banks appraised valueD.Of the depreciated valueA.The size of the box.B.The location of the boxC.The value of the boxD.Both A and B.A.About the amount of RMB deposited with the bankB.About the rate of interest for RMB deposited with the bankC.About the term
10、s of deposit with the bankD.About the conditions of deposit with the bankA.He got a credit card of his friend and come to ask how to use it .B.He got a card and did not know whose card it is.C.He has lost his credit card and come to ask what to doD.He has found a credit card and come to ask what to
11、do三、Section Three(10%)(总题数：3，分数：10.00)Passage 1（分数：4.00）A.Handling depositsB.Trading bills of exchangeC.Issuing their own notesD.Selling travelers checksA.in EnglandB.in Venice, ItalyC.in U.SD.in ChinaA.making articles of goldB.handling deposits and making loansC.Issuing and trading bills of exchang
12、eD.Issuing their own notesA.in 1587B.in 1694C.in the middle of the 19th centuryD.in the middle of the 20th centuryPassage 2（分数：3.00）A.Bank card businessB.Bank card fraudC.Technologies used in bankD.International card fraudA.$680 millionB.$860 millionC.$680 billionD.$860 billionA.Its the same over th
13、e 10-year periodB.Its getting worse over the 10-year periodC.Its getting better over the 10-year periodD.There is no way to solve the problemPassage 3（分数：3.00）A.On spotB.Over the counterC.Over computer screensD.Subject to collectionA.Just overnightB.More than 2 days.C.A few hoursD.Between overnight
14、and 2daysA.Savings accountsB.Checking accountsC.Loan accountsD.Above all四、Part Two Reading Sec(总题数：10，分数：10.00)21.When the collecting bank receives from the presenting bank the documents for collecting, it _ ? （分数：1.00）A.should examine all documents to ascertain whether or not they appear, or on the
15、ir face, to be in compliance with them.B.may examine either the documents or the instructions to collect the proceedsC.will examine documents in order to obtain instructionsD.will not examine documents in order to obtain instructions22.A credit may be advised to a beneficiary through another ban (th
16、e advising bank) without engagement on the part of the advising bank, but that bank, if it elects to advise the credit. Shall _ ?（分数：1.00）A.inform the issuing bank of the credit which it advises without delay.B.endorse the amount negotiated on the reverse of the credit which it advises.C.add his con
17、firmation to the credit which it advises.D.take reasonable care to check the apparent authenticity of the credit which it advises.23.Applicants, at times ,request the issuing bank to issue the documentary credit containing excessive details for the beneficiary to comply with under the documentary cr
18、edit. Banks should _ ?（分数：1.00）A.encourage this attemptB.discourage this attemptC.reject this attemptD.be compelled to do so24.The purchaser of a draft drawn/documents presented under a straight documentary credit only has the right _ ?（分数：1.00）A.to protest the issuing bankB.to present the drafts/do
19、cuments on behalf of the beneficiaryC.to purchase the beneficiarys drafts/documentsD.to present the draft/documents by himself25.Under D/P. all the documents, and usually title to the goods, are released to the buyer upon _ ?（分数：1.00）A.his acceptance of the draft for payment at a specified later dat
20、eB.his payment of the amount specified under reserveC.his partial payment of the bill amountD.his payment of the amount specified26.The minimum registered capital for the establishment of a commercial bank shall be _ RMB yuan. （分数：1.00）A.10 millionB.100 millionC.1 billionD.10 billion27.The ratio of
21、liquid assets to liquid liabilities of a commercial bank shall not fall short of _ percent. （分数：1.00）A.25B.8C.75D.1028.If we have a quote of 1.4950/1.4960 for $/DM, _ ?（分数：1.00）A.the first rate is the buying rate for the dollarB.the first rate is the buying rate for the DMC.the second rate is the bu
22、ying rate for the dollarD.the second rate is the selling rate for the DM.29.The exportation of domestic currency is limited to per person per exit _ ?（分数：1.00）A.RMB5,000 yuanB.RMB6,000 yuanC.RMB4,000 yuanD.RMB10,000 yuan30.A banks liquid assets include following items except _ ？（分数：1.00）A.notes ,coi
23、ns and bullionB.current balances with central and other banksC.money at call and short noticeD.banks premises五、Section Two(10%)(总题数：2，分数：10.00)Passage 1 The bank 41 borrowers enough interest to pay the expense of the bank and have something left over for 42 . The interest cannot be higher than the l
24、egal ate, which is established by state law and in most states is 6% per year, 43 big loans, the interest rate is much less, even as low as 2%, The fate depends on the money market, When there is plenty of money 44 to be borrowed, banks charge low rates of interest. A savings bank may pay its deposi
25、tors 2% and lend the money at 3.5% or 4%. But when money is tight, interest rates go up, and a savings bank may try to 45 depositors by offering 4% or4.5% or even more ad lending the money at 5% or 6%.（分数：5.00）A.receivesB.getsC.chargesD.paysA.profitB.interestC.surplusD.incomeA.In case ofB.In the cas
26、e ofC.In consequence ofD.In conjunction withA.availableB.costlyC.adaptableD.receivableA.absorbB.attractC.mobilizeD.ChannelPassage 2 If a paying ban requests a receiving bank to return or adjust a payment by means of 46 or by means of most types of electronic transmission, but does not issue the 47 i
27、n connection 48 its request or the request says “No indemnity”, the paying bank shall not be liable to the receiving bank for any loss and expense, 49 reasonable attorneys fees ,incurred y the receiving bank as the result of its return or adjustment of the 50 . （分数：5.00）A.telexB.letterC.telephoneD.S
28、WIFTA.letter of creditB.indemnityC.guaranteeD.bill of exchangeA.ofB.withC.forD.toA.besideB.exceptC.includingD.excludingA.creditB.paymentC.proceedsD.expenses六、Section Three(10%)(总题数：3，分数：10.00)Passage 1 One of the most important functions of the accounting process is to accumulate and report accounti
29、ng information that shows an organizations financial position and the results of its operations, Many businesses publish such financial statements at least annually, The subdivision of the accounting process that produces these general-purpose reports is referred to as financial accounting. Another
30、major function of accounting is to provide management with the data needed for decision-making and for efficient operation of the firm. Although management people routinely receive the financial reports, they also require various other information, such as the unit cost of a product, estimates of th
31、e profit earned from a specific sales activity, cost comparisons of alternative courses of action and long-range budgets. The process of generating and analyzing such data is often referred to as managerial accounting.（分数：4.00）(1).The purpose of managerial accounting is to prepare financial statemen
32、ts every year. （分数：1.00）A.RightB.WrongC.Doesnt say(2).Financial statements include balance sheet ,income statement and cash flow statement. （分数：1.00）A.RightB.WrongC.Doesnt say(3).Financial statements are used only by the outsiders of a firm. （分数：1.00）A.RightB.WrongC.Doesnt say(4).The management of a
33、 firm needs to use the results of both financial accounting as well as managerial accounting. （分数：1.00）A.RightB.WrongC.Doesnt sayPassage 2 Assets are the economic resources of the business that can be usefully expressed in monetary terms, Liabilities, or creditors equity, are the obligations, or deb
34、ts, that the firm must pay in money or services at some time in the future. They therefore represent creditors claims on the assets of the firm. The owners interest is equal to the net assets of the business, which is defined as the difference between the assets and liabilities. Thus, owners equity
35、is the residual claim-a claim to the assets remaining after the debt to creditors has been discharged.（分数：3.00）(1).Assets and liabilities of a firm are both shown on the firms balance sheet. （分数：1.00）A.RightB.WrongC.Doesnt say(2).The equity amount of a balance sheet is the creditors, claims on the f
36、irm. （分数：1.00）A.RightB.WrongC.Doesnt say(3).Expenses of a firm should be shown on the firms income statement. （分数：1.00）A.RightB.WrongC.Doesnt sayPassage 3 From the banks point of view, leverage ratios vary from conservative (highest calculated leverage) to liberal (lowest calculated leverage) The mo
37、st conservative leverage rations show the most debt and least net worth, Therefore, the total liabilities/tangible net worth ratio will produce the highest leverage and thus be the most conservative because all liabilities are included. On the net worth side, equity has been reduced by the intangibl
38、e assets on the balance sheet, Intangible assets do not necessarily yield cash, so it is more conservative to subtract these assets from net worth, Conversely, the senior liabilities/capital funds ratio would show less leverage because only senior liabilities are shown as debt, and net worth bas bee
39、n augmented by the amounts of subordinated debt outstanding.（分数：3.00）(1).Financial leverage refers to how much money a firm uses for assets.（分数：1.00）A.RightB.WrongC.Doesnt say(2).Conservative leverage ratio means using the most debt and least net worth in calculating leverage. （分数：1.00）A.RightB.Wron
40、gC.Doesnt say(3).From the banks point of view, a liberal leverage calculation is better. （分数：1.00）A.RightB.WrongC.Doesnt say七、Section Four(20%)(总题数：4，分数：20.00)Passage 1 When a savings account is opened in a bank, the depositor must sign a deposit agreement, By signing the agreement, the depositor ag
41、rees to abide by the rules and regulations of the bank. These rules and regulations vary with different banks and may be altered and amended from time to time. At this time , a passbook may be given to the depositor, This is a small book in which the bank teller enters the date and amount of each de
42、posit or withdrawal and initials the entry, The passbook is to be presented at the bank or mailed to the bank along with a deposit or withdrawal slip each time money is deposited or withdrawn from the account. An alternative practice for depositing or withdrawing money from a savings account is to g
43、ive the depositor a small register for recording deposits and withdrawals and a pad of deposit-withdrawal forms, This procedure eliminates the use of the passbook. Each time a deposit or withdrawal from savings is made, The appropriate part of one of the forms is filled in, signed, recorded in the r
44、egister and presented or mailed to the bank with deposit items or other documents, The bank gives a machine-printed receipt to the depositor or returns it by mail. There should be a separate savings account in the ledger to record these activities. Traditionally, the principal differences between a
45、savings account and a checking account are that interest is paid regularly by the bank on a savings account and withdrawals from a savings account may be made at the bank or by mail by the depositor or an authorized agent, Depositors use checking accounts primarily as a convenient means of making pa
46、yments, while savings accounts are used primarily as a means of accumulating funds with interest . An increasingly common practice is for the bank to combine savings and checking accounts and get depositors permission to make automatic transfers of funds from the savings portion to the checking port
47、ion whenever the latter falls below a specified minimum balance, This amounts to giving the depositor an interest-earning checking account.（分数：5.00）(1).What is the primary purpose of a savings account? （分数：1.00）A.For interestB.For transfer of fundsC.For accumulating funds with interestD.For making p
48、rofits(2).What is the aim of a small register and a pad of deposit-withdrawal forms? （分数：1.00）A.to attract depositsB.to improve bank servicesC.to eliminate the use of the passbookD.to promote banking business(3).What is the purpose of signing a deposit agreement? （分数：1.00）A.to follow the banks rules
49、 and regulationsB.To have the right to make full use of the banks facilitiesC.To open an account in the bankD.to protect the depositors interest(4).What does a depositor do with a passbook? （分数：1.00）A.He makes deposits with a bank.B.He withdraws money from a savings accountC.He withdraws money from a checking account.D.Both A and B.(5).For what purpose does a bank try to combine a savings account and a checking account? （分数：1.00）A.For holding more fundsB.For covering the checking account falling below the spe
