单选题The government of this nation seemed to feel that this nation"s prestige would be ______ by a devaluation of the domestic currency.

单选题A “break-even” sales volume means

单选题As many have found to their ______ , ignoring interest rate, currency or commodity risks car, hurt a company just as badly as tbe failure of a new product.

单选题From a Chinese bank's point of view, the currency account which it maintains abroad is known as ______, while a RMB account operated in China for a foreign bank is termed

单选题[此试题无题干]

单选题Market risk refers to the risk of ______. A. default B. financial prices fluctuation C. fraud D. deferred payment

单选题 We meets the challenge of globalization Ten years ago, US bankers and brokers talked about globalization. Capital barriers would fall, there would be seamless 24 - hour trading across time zones and full - service institutions would serve farmers in Iowa to car workers in Osaka. As the US capital markets enter the 1990s, the reality is that globalization is still in its early stages and next decade as it was in the last. There has, however, been a qualitative change in the rhetoric. Then, globalization was seen in the US as an opportunity. Now the US is far less confident of its ability to dominate the global market and is showing signs of falling behind its competitors. Globalization is now an urgent challenge. Mr. Curtis Welling, managing director in charge of equities at First Boston, says, "The US has had a very geocentric view. Our hegemony over world capital flows was almost regarded as a birthright. As far as important capital flows are concerned, there was a real danger of the world passing us by. The US was in danger of becoming irrelevant." While the US was once slow to realise its competitive position in world financial markets could be eroded. Mr. Welling believes that there is a growing awareness of the need to act quickly to position the nation's markets and financial institutions for the future. This concern has been crystallised in regulatory initiatives, legislative proposals and product innovations. Progressive attitudes at both the US Federal Reserve and the Securities and Ex- change Commission (SEC) are central to these efforts. The SEC, which has just formed an Office of International Affairs, has shifted into top gear to harmonise regulations with overseas counterparts to promote the free and efficient flow of capital. The nuts and bolts of clearance and settlement, for example, are a priorty. Mr. Welling of First Boston, puts the challenge in graphic terms: We have gone about as far as we can go with broadbrush conceptual descriptions of the global market. We can see the house, it looks great but nobody can live in it until the plumbing and electricity is in place. In spite of all the talk of the global markets, it is startling that US pension funds have committed less than 3% of their 2 600 billion in assets to non - US securities. One key reason for this is that investors and traders have to negotiate a minefield of different regulations when operating in overseas markets.

单选题A person who is waiting for the return to work belongs to ______ (a)the employed. (b)the unemployed. (c)non-labor force. (d)those who have lost confidence.

单选题Statement of Cash Flow ______.

单选题The following costs are relevant to make a decision except ______. (a)differential cost. (b)opportunity cost. (c)historical cost. (d)incremental cost.

单选题ABC Sport acquired equipment at a cost of ＄200,000 on 1 January 2003. The asset was estimated to have a scrap value of ＄20,000 and an estimated useful life of 5 years. If you are the accountant of ABC Sport, please compute the annual depreciation expense for each year respectively. Required: (a)Using straight-line method. (b)Using double-declining-balance method (reducing balance method). (c)Using sum-of-the-years-digits method.

单选题Investors in deep and liquid markets face immense risk that they will not be able to sell their securities when they want to.

单选题Which of the following statements is correct?

单选题The expansionary fiscal policy has ______ (a)lessened the economic recession but increased the government debt. (b)lessened the economic recession and decreased the government debt. (c)worsened inflation but decreased the government debt. (d)lessened inflation but increased the government debt.

单选题A Red Clause Documentary Credit is a Documentary Credit with a special condition incorporated into it that authorizes the Confirming Bank or any other Nominated Bank to make advances to the Beneficiary before presentation of the documents. The clause is incorporated at the specific request of the Applicant, and the wording is de- pendent upon his requirements. The Red Clause Documentary Credit is so called because the clause was originally written in red ink to draw attention to the unique nature of this Documentary Credit. The clause specifies the amount of the advance authorized, which, in some in- stances, may be for the full amount of the Documentary Credit. The Red Clause Documentary Credit is often used as a method of providing the seller with funds prior to shipment. Therefore, it is of value to middlemen and dealers in areas of commerce that require to a form of pre - financing and when a buyer would be willing to make special concessions of this nature. For example, it could be used by a wool importer in England to enable a wool shipper in Australia to obtain funds to pay the actual suppliers (either by direct purchase or through the wool auctions) by obtaining a loan from the Australian bank, either on an unsecured basis or against the security of interim documents. This would enable repayment of the loan, plus interest, from the proceeds due to the Australian Beneficiary when the wool was shipped and documents were presented in accordance with the terms of the Documentary Credit. If, however, the Beneficiary failed to ship the wool so as to repay the loan by presenting documents called for by the Documentary Credit, the Australian bank would have the right to demand repayment, with interest, from the Issuing Bank and that bank would have a similar right of recourse against the Applicant. This kind of arrangement places the onus of final repayment on the applicant, who would be liable for repayment of the advances if the Beneficiary failed to present the documents called for under the Documentary Credit, and who would also be liable for all costs--such as interest or foreign exchange hedging-- incurred by the Issuing Bank, the Confirming Bank, if any, or any other Nominated Bank.

单选题School students paying a lower fare than adults on the MTR trains, or cheaper tickets to the theatre, is an example of: ()

单选题As the institution's loan losses ______ , wary depositors withdrew funds from Penn Square.

单选题 Directions: In this section, you will hear ten short conversations. At the end of each conversation, a question will be asked about what was said. The conversation and question will be spoken only once. During the pause, you must read the four choices marked A, B, C, D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center.

单选题Unemployment ______ last year and since then has gone down.

单选题Account reconciliation staff should be ______.