1、现代金融业务（综合）模拟试卷 6及答案与解析 单句理解 （ A） Sometimes the interest rates on time deposits are not fixed. （ B） People can draw these deposits at any time. （ C） The interest rates on time deposits are fixed. （ D） The interest rates on time deposits are floating. （ A） The objective of financial reporting is to pr
2、ovide information useful for making investment and lending decisions. （ B） The financial reporting is useless. （ C） The financial reporting cant help people to decide whether they invest on something or not. （ D） The financial reporting has no objectives. （ A） Some borrowers are engaged in undesirab
3、le activities which are considered immoral. （ B） Some lenders are engaged in undesirable activities which are considered immoral. （ C） Most borrowers dont engage in activities that are undesirable or immoral. （ D） Most lenders dont engage in activities that are undesirable or immoral. （ A） n irrevoc
4、able L/C can not be committed to amendment. （ B） n irrevocable L/C can not be cancelled without permission. （ C） n irrevocable L/C can not be cancelled or amended. （ D） Neither cancellation nor amendment without permission can be made to the irrevocable L/ . （ A） The paying bank sends the check to t
5、he remitting bank for repayment. （ B） The remitting bank sends the check to the paying bank for repayment. （ C） The collecting bank sends the check to the remitting bank for repayment. （ D） The remitting bank sends the check to the collecting bank for repayment. （ A） The shareholders are the owners
6、of limited companies. （ B） Shareholders deposit their money in the limited companies. （ C） The shareholders can sell shares of limited companies to the public. （ D） Shareholders of limited companies are able to make profits continuously. （ A） A forward transaction is done on a future date. （ B） A fo
7、rward purchase is to buy foreign currency in future. （ C） A forward purchase is to buy a foreign currency with settlement on a future date. （ D） A forward transaction is to buy a foreign currency on future date. （ A） Banks make money in foreign exchange business because of profit margin. （ B） Banks
8、make money from the price spread in the foreign exchange market. （ C） Banks make money in foreign exchange business on profit as well as on volume. （ D） Banks make money in foreign exchange business because of the great volume. （ A） The company is a sun-rising firm so it is worthwhile to extend the
9、loan. （ B） The company has some accounting problems, some improvement is needed. （ C） The company is short of funds because it is sun-rising. （ D） The company has some accounting problems because it is sun-rising. （ A） A currency swap is a better way to convert the long-term transaction into a spot
10、transaction. （ B） A currency swap makes long-term transaction exposure to exchange rate fluctuations. （ C） A currency swap is a better way to reduce the risks of the long-term transactions owing to the exchange rate fluctuations. （ D） A currency swap can in no way reduce the risk of exchange rate fl
11、uctuations. 对话理解 （ A） Risk aversion. （ B） Lack of time. （ C） Lack of skill. （ D） Enough time. （ A） Invoice. （ B） Shoes. （ C） Carriage. （ D） Error. （ A） CDs. （ B） Demand deposits. （ C） Fixed-term deposits. （ D） Building societies deposits. （ A） The Euros value remains unchanged. （ B） The value of US
12、dollars has changed a lot. （ C） The American currency is losing value. （ D） The RMB is increasing in value. （ A） In equity securities. （ B） In personal funds. （ C） In securities rated as investment grade. （ D） In property markets. （ A） He lost a cheque and the thief cashed it. （ B） He opened a chequ
13、e account. （ C） A thief stole the money from the bank. （ D） He cashed the cheque but the money was stolen by a thief. （ A） RMB account. （ B） A checking account. （ C） A U.S. dollar account. （ D） A special account. （ A） He has to show the clerk his passport. （ B） He has to entrust the draft for collec
14、tion to the bank. （ C） He has to fill in some forms. （ D） He has to endorse the draft. （ A） USD508.09. （ B） USD58.9. （ C） USD500.89. （ D） USD50089. （ A） A merchant doesnt know the balance before completing a sale. （ B） No security system has yet been devised for personal checks. （ C） A personal chec
15、k is secure at the check stand. （ D） The clerk can examine all the bankcards. 短文理解 （ A） With little concern. （ B） With calm. （ C） With great interest. （ D） With confusion. （ A） 99.40 yen. （ B） 97.46 yen. （ C） 99.01 yen. （ D） 96.82 yen. （ A） Share price. （ B） High-tech stocks. （ C） Japanese yen. （ D）
16、 Most of the stocks. （ A） Business development loans. （ B） House improvement loans. （ C） Farm development loans. （ D） Overdrafts. （ A） Secured loans. （ B） Unsecured loans. （ C） Business development loans. （ D） House improvement loans. （ A） By taking up the full amount of the loan. （ B） By borrowing
17、more. （ C） By stopping borrowing. （ D） By reducing his indebtedness. （ A） To allow personal customers to spread the incidence of normal personal and household expenditure. （ B） To make the payment of fuel bills, rates, season tickets. （ C） To pay ear insurance and school fees by installments. （ D） T
18、o transfer some amount by twelve equal monthly installments. （ A） 2. （ B） 5. （ C） 4 （ D） 3 （ A） ertificates of deposit. （ B） eposit account. （ C） urrent account. （ D） oth B and . （ A） 3.55%. （ B） 1.5%. （ C） 3.5%. （ D） 3.75%. 一、单项选择题 31 Which of the following is not among the generally accepted accou
19、nting principles? （ A） Cash basis. （ B） Prudence. （ C） Consistency. （ D） Going concern. 32 A major problem with a fixed exchange rate system is that when countries run foreign trade deficits, _. （ A） there is no self-correcting mechanism （ B） currency values become unstable （ C） the value of the res
20、erve currency declines （ D） world inflation increases 33 The cost-volume-profit (C-V-P) analysis can be used in making decisions about _ and so on. （ A） selling prices （ B） production volume （ C） levels of discretionary fixed costs （ D） all the three above 34 The other main source of revenue for a b
21、ank is fee income, or called _ income. （ A） interest （ B） commission （ C） service （ D） net 35 The money market is a dealer market where, over the telephone or through electronic systems, _. （ A） a broker receives commission to act as an agent （ B） the investors are trading on a central trading floor
22、 （ C） firms buy and sell securities in their own accounts, at their own risk （ D） individual investors can trade on the exchange 36 Under the documentary credit, which of the following is false? （ A） The buyers bank will issue a documentary credit. （ B） The seller has his banks undertaking to pay. （
23、 C） If the seller presents the correct documents, he will be paid. （ D） A bank acts as an intermediary between the buyer and seller and is willing to provide trade. 37 The available resources for the IMF to finance lending are _. （ A） gold reserves （ B） quotas （ C） currencies of strong economies （ D
24、） all of the above 38 Liabilities that will be due within a short time (usually one year or less) and that are to be paid out of current assets are called _. （ A） long-term trust （ B） long-term liabilities （ C） current liabilities （ D） current investment 39 To whom is an endorser liable if the bill
25、of exchange is dishonored? （ A） the payee （ B） the drawer （ C） a previous endorser （ D） a subsequent endorser or holder 40 From the point of view of a Chinese bank, _ is our banks account in the books of an overseas bank, denominated in foreign currency. （ A） a vostro account （ B） a nostro account （
26、 C） a mirror account （ D） a record account 二、完形填空 40 FLOOR BROKERS, when a commission broker has (56) that he cannot execute personally because of their number or because of the activity of the market, he engages the services of a floor broker. These floor brokers were once referred to as $ 2 broker
27、s, because at one time they charged a fee of $2 per (57) ; today this fee is (58) higher. Commissions are shared on these orders. It is easy to see that smaller commission brokers are especially prone to (59) by an influx of orders. The floor broker, as a freelance operator, provides a (60) function
28、 in ensuring that the exchanges business is conducted rapidly and efficiently. （ A） commands （ B） instructions （ C） arrangements （ D） orders （ A） business （ B） deal （ C） transaction （ D） trade （ A） much （ B） considerably （ C） incredulously （ D） incredibly （ A） being swamped （ B） swamp （ C） be swampe
29、d （ D） have been swamped （ A） outstanding （ B） important （ C） significant （ D） vital 45 Liabilities are usually classified as either current or noncurrent liabilities. Current liabilities are those obligations whose (61) is reasonably expected to require the use of existing resources properly classi
30、fied as current (62) , or the creation of other current liabilities. This definition of current liabilities emphasizes a short-term creditors claim to working capital rather than to the due date for (63) purposes. Accounts payable, dividends payable, salaries payable, and taxes payable are examples
31、of current liabilities. Liabilities which are not current liabilities are (64) as noncurrent or long-term liabilities. Bonds payable and mortgages payable are examples of (65) liabilities. （ A） calculation （ B） liquidation （ C） counting （ D） account （ A） assets （ B） capital （ C） property （ D） equity
32、 （ A） economic （ B） definition （ C） legal （ D） classification （ A） referred to （ B） distributed （ C） divided （ D） seen （ A） short-term （ B） current （ C） long-term （ D） equitable 三、判断正误 50 There are two types of cheques-the “crossed“ and the “open“ cheques. A “crossed“ cheque is so called because it
33、has two parallel lines across it-an “open“ cheque does not. The effective difference is that a “crossed“ cheque would not normally be cashed, but would need to be paid in to an account. An “open“ cheque can be cashed by the payee at the branch of the bank upon which it is drawn. Should a “crossed“ c
34、heque fall into some unauthorized persons hands, he could not cash it. As it must go through an account, the bank is able to trace the presenter of the cheque and therefore the money may not be lost. Once an “open“ cheque has been cashed over the counter of a bank by an unauthorized person, the mone
35、y may never be recovered. For this reason, it is always wise to use “crossed“ cheques when paying bills or sending cheques through the post. Should a customer wish to “cross“ an “open“ cheque before issuing it, he can do so simply by ruling two ink lines across it. To “open“ a “crossed“ cheque in or
36、der to draw cash for himself at his own branch, he simply writes “pay cash“ between the parallel lines and adds his signature beneath. 51 If an “open“ cheque falls into some unauthorized persons hand, he can cash it immediately and the bank is not able to trace him. （ A） Right （ B） Wrong （ C） Doesnt
37、 say 52 If a customer wants to draw cash with a cheque for himself at his own branch, what he needs to do is to write “pay cash“ between the parallel lines. （ A） Right （ B） Wrong （ C） Doesnt say 53 Its unwise for you to use “open“ cheques when paying your telephone bills. （ A） Right （ B） Wrong （ C）
38、Doesnt say 53 Banks face losses from three sources : their own position if short or long in a particular currency; dealing positions taken by employees who gamble with the banks money; and defaults by counter-parties to forward exchange contracts and covering transactions. These risks were well illu
39、strated by events in 1974: Bankhaus Herstatt, cologne, collapsed due largely to losses on its foreign exchange exposures; Lloyds Bank, Lugano, lost USD77 million due to unauthofised trading by staff. Herstatts closure by the Bundesbank during working hours left many banks with unfulfilled foreign ex
40、change transactions. Since then banks and authorities have tightened their control. Banks still take a position on foreign currencies and put traders on commission to speculate on their behalf, but mainly on within-day trading or on overnight positions. On longer-term positions banks aim to match li
41、abilities and claims in a particular currency or cover the difference in the swap market. 54 Banks in international lending face the risks common to all banks: liquidity risk, interest rate risk, credit (asset) risk, and contingent liabilities risk. （ A） Right （ B） Wrong （ C） Doesnt say 55 Banks fac
42、e losses from three sources : their own position ; dealing positions taken by employees, and defaults by counter parties to forward exchange contracts and covering transactions. （ A） Right （ B） Wrong （ C） Doesnt say 56 If employees of a bank gamble in foreign exchange dealings with the banks money,
43、the bank will suffer heavy losses of foreign currencies. （ A） Right （ B） Wrong （ C） Doesnt say 56 A credit card is a plastic card (or its equivalent) to be used upon presentation by the cardholder to obtain money, goods, or services, possibly under a line of credit established by the card issuer. Th
44、e cardholder is billed for any outstanding balance. Credit card customers are given a credit limit on the credit card account and can buy goods and services up to this amount. Normally, banks will set different credit lines to the different groups of cardholders. Every time cardholder uses a credit
45、card for purchasing, he/she must sign a sales slip in the presence of the seller, and the signature is then compared to the signature on the card. Copies of the sales slips have the details of the card and they also show the details and amount of the sale. Each month the cardholder receives a statem
46、ent from the bank which details all the transactions in the month, together with the total amount outstanding and any minimum amount that needs to be paid. When the full balance is not settled each month, the cardholder is charged a compound interest“ (say 0.05% ) on the outstanding balance, and thi
47、s is supposed to provide the bank with a main source of income (although in China, this revenue is still low because people are reluctant to run into debt). Other two major sources of credit card services are the annual fee from the eardholders and the percentage of the sales revenue as the commissi
48、on paid by the seller. 57 A credit card is a plastic card and the like to be used to obtain money, goods, or services and an overdraft is not allowed. （ A） Right （ B） Wrong （ C） Doesnt say 58 Normally, banks will set different credit limits on different customers credit card ac counts. （ A） Right （
49、B） Wrong （ C） Doesnt say 59 Each month the credit cardholder will receive a statement from the bank showing the details of the transactions excluding the total amount outstanding. （ A） Right （ B） Wrong （ C） Doesnt say 60 If the balance of the credit card is not fully settled, the cardholder will have to pay a compound interest on the outstanding amount. （ A） Right （ B） Wrong （ C） Doesnt say 四、阅读理解 60 Larger banks in large cities often specialize in particular ancillary services in addition to the bank d
