单选题The most liquid of all assets is ()

单选题These are four main methods of securing payment in international trade: (1) payment under documentary credit (2) open account (3) collection, that is document against payment or acceptance of a bill of exchange (4) payment in advance From an exporter's point of view, the order of preference is ______. A. (4), (2), (3), (1) B. (4), (3), (1), (2) C. (4), (1), (3), (2) D. (2), (4), (1), (3)

单选题Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted. An analyst gathered the following information from a company’s accounting records: 　　The analyst’s estimate of net income for 2007 would be closest to: ()

单选题For a profit-maximizing firm, the price level equals its marginal revenue (MR) when ______. (a)in an oligopolistic market. (b)in a monopolistic situation. (c)in a perfectly competitive market. (d)sales rise with the increase in price level.

单选题The term "acceptance" can only apply when the credit calls for usance bills (term bills), i.e. bills of exchange payable at a specified time "after acceptance by the drawee. And bills should be drawn on a bank. "File acceptance credit is also referred to ms a "term credit" or "usance credit", which means that the seller draws a draft on the nominated bank demanding payment at some &terminable future date, e.g. at 30 days" sight instead of at sight. In practice, this means dial instead of receiving immediate payment on presentation of the documents ( at sight), the seller"s draft is returned to him accepted on face by the nominated bank.

单选题China will continue to pursue a (26) monetary policy, and seek refinements in the conduct of monetary policy by relying on (27) policy instruments. First, open market operation will be expanded, and the quality of the relevant decision - making will be improved to (28) the timing and scale of open market transactions. Transaction frequency will be (29) and fine -tuning measures will be taken as the occasion warrants. Flexibility will be exercised in selecting modes of transaction so give further play to the open market in guiding (30) interest rates.

单选题The interdependence between China's economy and the world economy ______ significantly. A. deeped B. deepened C. dependent D. depends

单选题In the multiple currency accounting system, all foreign currency transactions are. only in ______.

单选题{{B}}Passage Three{{/B}}

单选题In the US and most other countries, the corporate form of organization is the most important in terms of dollar value of assets ______.

单选题The minimum registered capital for the establishment of a commercial bank shall be ____ RMB yuan.

单选题Which of the following is true of a mortgage? ______. A. The mortgagee retains possession of the mortgaged property B. The mortgagor retains possession of the mortgaged property C. The lender acquires the right to retain the mortgaged property until the mortgage debt is repaid D. None of the above

单选题The collateral pledged behind a loan and the other assets that a borrower may oval are the second line of defense against loan ______ , after the borrower's cash flow.

单选题The goods will be released from the port only against production of one of the original bills of lading. Here" production" means ______.

单选题Directions: In this section you will hear three short passages. At the end of each passage, you will hear some questions. The passages and the questions will be spoken only once. After you hear a question, you must choose the best answer from the four choices marked A, B, C and D. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center. {{B}}Passage One{{/B}}

单选题John writes a check on his ABC Bank account to pay for goods at Peter. Who is the drawee?

单选题The Bretton Woods Agreement was followed soon after by ______ floating.

单选题 Passage 2 A guarantee is defined in the Statute of Frauds 1677 as "a written promise made by one person to be collaterally answerable for the debt, default, or miscarriage of another". There are therefore three parties involved in the guarantee situation, although only two are in a contractual relationship arising out of the guarantee document, the creditor and the guarantor. The party who is owed the money, or whose rights are protected, is known as the creditor and the person owing him the money, or who is under an obligation to him, is called the principal debtor. The guarantor, or surety as he is sometimes called, therefore assumes a secondary liability and in effect says to the creditor: "if the principal debtor does not meet his liabilities to you, then I will". There are similarities between a contract of guarantee and a contract of indemnity, but the difference is that an indemnifier assumes primary responsibility himself and in effect he says to the creditor "I will see that you are paid". The distinction is important, for whereas a guarantee to be enforceable must be evidenced in writing according to the Statute of Frauds 1677, this is not the case with an indemnity and an indemnity given orally would be enforceable, although understandably it might be difficult to prove to a court that such a contract had been entered into. In point of fact, nearly all bank guarantee forms are drafted in such a way that not only do they constitute a contract of guarantee, but they are also an indemnity. The advantage of this is that it gives the bank rights against the party signing, even though the bank might find itself with no fights which it could exercise against the principal debtor, for in such circumstances a contract of guarantee alone would be unenforceable. In other words, enforcement is not dependent on the efficacy of the Contract between the creditor and the principal debtor. Guarantees may be executed by hand or under seal, but if by hand they must be supported by consideration. The consideration usually given by a bank is of course the loan of money to the principal debtor, or the agreement to continue to allow borrowing facilities for a further period of time.

单选题To date, there have been no ______ on loans made by the World Bank.