单选题{{B}}Passage Two{{/B}}

单选题Normally, banks will set different credit limits on different customers' credit card accounts.

单选题Which of the following is not one of the function of money?

单选题Commercial banks that supply services to other commercial banks are called correspondent banks. The correspondent banks are paid indirectly, in the form of income from deposit balances maintained by its bank customers, as well as by direct money payments. Small banks may have 5 or 6 correspondent banks, which provide many services: bookkeeping services (especially those that require large computers); assistance in the sale or purchase of assets (including the consolidation of purchases with other buyers); and the provision of information about capital markets (including the sale of equity shares in their banks). Large banks may have as many as 30 correspondent banks that provide services and representation in other localities (including foreign countries) and specialized services that the correspondents can offer at a smaller cost. Until 1981 the Federal Reserve had provided free check-clearing facilities to its members, but nonmember banks relied entirely on correspondent banks to clear their checks. The correspondent banks often clear nonmember banks' checks through the Federal Reserve. In 1979, the Federal Reserve cleared 32 billion checks, totaling $ 35 trillion. The total amount of cheeks debited against all insured banks in October 1982 was $ 93.5 trillion, of which 42 percent was from New York banks. Private clearing houses owned by groups of banks handled a large amount and so did the Federal Reserve, which began charging for that service.

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单选题 Directions: Read the following passages and determine whether the sentences are "Right" or "Wrong". If there is not enough information to answer "Right" or "Wrong", choose "Doesn't say".{{B}}Passage One{{/B}} Commercial banks that supply services to other commercial banks are called correspondent banks. The correspondent banks are paid indirectly, in the form of income from deposit balances maintained by its bank customers, as well as by direct money payments. Small banks may have 5 or 6 correspondent banks, which provide many services: bookkeeping services (especially those that require large computers); assistance in the sale or purchase of assets (including the consolidation of purchases with other buyers); and the provision of information about capital markets (including the sale of equity shares in their banks). Large banks may have as many as 30 correspondent banks that provide services and representation in other localities (including foreign countries) and specialized services that the correspondents can offer at a smaller cost. Until 1981 the Federal Reserve had provided free check-clearing facilities to its members, but nonmember banks relied entirely on correspondent banks to clear their checks. The correspondent banks often clear nonmember banks' checks through the Federal Reserve. In 1979, the Federal Reserve cleared 32 billion checks, totaling $ 35 trillion. The total amount of cheeks debited against all insured banks in October 1982 was $ 93.5 trillion, of which 42 percent was from New York banks. Private clearing houses owned by groups of banks handled a large amount and so did the Federal Reserve, which began charging for that service.

单选题A share of preferred stock is more like a bond than common stock.

单选题All of the following statements are tree except ______.

单选题A.Stipulatingtherateofinterest.B.Stipulatingtherepaymentdate.C.Stipulatingtheamountandtimingofanyperiodiccashinterestpayments.D.Stipulatingthefinancialsponsor.

单选题A currency considered to be overvalued will soon be greeted by a rash of sell orders, ______ its price.

单选题A vostro account is also called ______.

单选题The balance sheet ______.

单选题Primary producing countries may borrow from the IMF to ______ losses from unfavorable price fluctuations in their export earnings.

单选题What market is the Most in need of the advertising? ( )

单选题Open account is an arrangement between the seller whereby the goods are manufactured and delivered before payment is required. Open account provides for payment at some stated specific future date and without the buyer issuing any negotiable instrument evidencing his legal commitment. The seller must have absolute trust that he will be paid at the agreed date. The seller should recognize that in certain instances it is possible to discount open accounts receivable with a financial institution.

单选题The bill of lading is ______.

单选题When calculating the risk premium for equity market using historical returns, which of the following is most accurate? ()

单选题Under an acceptance credit, the bill ______.

单选题A life insurance policy that has a constant premium through the life of the policy is called a ______. A. term life policy B. whole life policy C. universal life policy D. fixed -rate life policy