单选题When an exporter sells goods on a regular basis, he will normally arrange an open policy of insurance to cover 'all his exports during a specific period. Here an "open policy" means ______.

单选题The wholly state - owned commercial banks will be reformed on a step - by - step basis.

单选题A.Itmeansbeingconvenienttobecarried.B.Itmeansbeingreadilytobedivided.C.Itmeansbeingeasilyidentified.D.Itmeansbeingcarriedinabigbasket.

单选题The purchaser of a draft drawn/documents presented under a straight documentary credit only has the right _____ ?

单选题With regard to Solak’s note concerning closed end-country funds: ()

单选题A rising foreign exchange rate for country X will: ()

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单选题Owners' equity is measured by subtracting liabilities from assets. This sentence can be described as the following equation ______. A. ASSETS - LIABILITIES + OWNER'S EQUITY B. ASSETS - LIABILITIES = OWNER'S EQUITY C. OWNER'S EQUITY = ASSETS + LIABILITIES D. OWNER'S EQUITY = LIABILITIES - ASSETS

单选题In many cases, a through bill of lading involves ______.

单选题 China will continue to pursue a {{U}}(26) {{/U}} monetary policy, and seek refinements in the conduct of monetary policy by relying on {{U}}(27) {{/U}} policy instruments. First, open market operation will be expanded, and the quality of the relevant decision - making will be improved to {{U}}(28) {{/U}} the timing and scale of open market transactions. Transaction frequency will be {{U}}(29) {{/U}} 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 {{U}}(30) {{/U}} interest rates.

单选题Expenses of a firm should be shown on the firm’s income statement.

单选题"You are allowed to write up to ten checks without a service charge.""That's all? You mean ten checks is the ______?" A. balance B. maximum C. minimum

单选题If the negotiating bank has negotiated a credit confirmed by itself, it will ______.

单选题Companies measure the performance of their brands internally and decide how to ______.resources from one brand to another.

单选题 The normal income statement which constitutes one of the financial statements of company, is financial income statement. So functional income statement is an income statement that segregates all costs by use; it shows revenues less cost of goods sold ( gross margin) less selling and administrative expenses. This approach is useful for financial reporting purpose; it provides outside readers with information about company's progress and about which functional areas are being emphasized. For management's use in the decision-making process, however, an income statement that follows a cost behavior approach, often referred to as a Contribution Margin Income Statement, is more valuable.

单选题Interest rates are high because money is ______. A. guaranteed B. variable C. tight

单选题If at a given moment the market rate in one center deviates too far from the average, a balance will soon be restored by ______.

单选题 A note receivable is a negotiable instrument, which means it is readily transferable from one business or person to another and may be sold for cash. To get cash quickly, payees sometimes sell a note receivable to another party before the note matures. The payee endorses the note and hands it over to the note purchaser--often a bank--who collects the maturity value of the note at the maturity date. Selling a note receivable before maturity is called discounting a note receivable because the payee of the note receives less than its maturity value. This lower price decreases the amount of interest revenue the payee earns on the note. Giving up some of this interest is the price the payee is willing to pay for the convenience of receiving cash early. Assume that the maturity date of the Dorman note is January 18, 1995 and that General Electric discounts the Dorman note at First City National Bank on December 9, 1994. The discount period--which is the number of days from the date of discounting to the date of maturity (this is the period the bank will hold the note) -- is 40 days; 22 days in December, and 18 days in January. Assume the bank applies a 12 percent annual interest rate in computing the discount value of the note. The bank will want to use a discount rate that is higher than the interest rate on the note in order to increase its earnings. GE may be willing to accept this higher rate in order to get cash quickly. The discounted value, called the proceeds, is the amount that GE receives from the bank. The proceeds are computed as follows: General Electric's entry to record discounting the note is: Dec. 9, 1994cash $ 15 170 Note receivable Dorman Builders $ 15 000 Interest Revenue $ 170 TO RECORD DISCOUNTING NOTE RECEIVABLE At maturity the bank collects 15 375 from the maker of the note, earning 205 of interest revenue. Observe two points in the above computation: (1) The discounting is computed on the maturity value of the note (principal plus interest) rather than on the original principal amount, and (2) the discounting period extends backwards from the maturity date (January 18, 1995) to the date of discounting (December 9, 1994).

单选题Whenever a monetary system does not work, barter ______ over.