单选题The management of a firm needs to use the results of both financial accounting as well as managerial accounting.

单选题In the U. S. , people must fill out their tax ______ by April 15.

单选题 What determines the rate of exchange between currencies will be examined later in this booklet, but first it is useful to consider the mechanics of international transactions. To enable a UK importer to pay his American supplier, for example, the facilities of two or more banks are used, firstly in handling the often complex documentation and secondly, through the foreign exchange market, in obtaining the currency required. At one time payments to and from other countries were made by bills of exchange; hence in part the term "exchange rate", which was maintained even though other methods of payment have largely superseded the bill of exchange. The British importer will probably need to pay his American supplier in dollars and his British bank can offer him several alternative methods of settlement. It can provide him with a banker's draft drawn in dollars. The bank is able to do this because it will have an account with another bank (called a correspondent bank) in an American city and it simply issues a dollar cheque or draft drawn on that account. The British importer can then send this draft by airmail to the supplier. Since there is a danger that the draft may be lost or fall into the wrong hands' the safer and more normal method would be for the British bank to arrange for payment by mail transfer. Instructions are sent by airmail to the correspondent bank in the US to pay on behalf of its customer the required sum to the named recipient from the British bank's dollar account. This mail transfer system is very flexible since the instructions for payment can be varied or elaborated to suit practically every kind of requirement.

单选题There will be no change in the interest rate during the ______ of the mortgage. A. life B. limit C. title

单选题Passage 2 The balance of payments is a statistical record of all the economic transaction between residents of the reporting country and residents of the rest of the world during a given time period. The usual reporting period for all the statistics included in the accounts is a year. A good or bad set of figures can have an influential effect on the exchange rate and can lead policy makers to change the content of their economic policies. Deficits may lead to the government raising interest rate or reducing public expenditure to reduce imports. Alternatively, deficits may lead to calls for protection against foreign imports or capital controls to defend the exchange rate. A key definition that needs to be resolved at the outset is that of a domestic and foreign resident. It is important to note that citizenship and residency are not necessarily the same thing from the viewpoint of the balance of payments statistics. The term residents comprises individuals, households, firms and the public authorities. There are some problems that arise with respect to the definition of a resident. Multinational corporations are by definition resident in more than one country. For the purposes of balance-of-payments reporting, the subsidiaries of a multinational are treated as being a resident in the country in which they are located even if their shares are actually owned by domestic residents. Another problem concerns the treatment of international organizations such as the International Monetary Fund, the World Bank and the United Nations. These institutions are treated as being foreign residents even though they may actually be located in the reporting country. For example although the International Monetary Fund is located in Washington, contributions by the US government to the Fund are included in the US balance-of-payments statistics because they are regarded as transactions with a foreign resident. Tourists are regarded as being foreign residents if they stay in the reporting country for less than one year. The criterion for a transaction to be included in the balance of payments is that it must involve a transaction between a resident of the reporting country and a resident from the rest of the world. Purchases and sales between residents from the same country are excluded.

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}}

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单选题In the U. S. , people must fill out their tax ______ by April 15. A. returns B. appraisals C. bequests

单选题A check that can be signed over to a third party is ______. A. subtracted B. negotiable C. overdrawn

单选题In the case of an ordinary lien, ______.

单选题He wants to get a loan to ______ some improvements in his factory.

单选题Many people have two accounts in a bank, A savings account and a checking account. When people deposit money in a savings account, it earns interest. They can withdraw their savings at any time, unless it is a special notice account. A special notice account earns higher interest, but you must give the bank 90 days notice before withdrawing money from it. People use checking accounts for convenience. They deposit some money and write checks when they want to pay bills. This way they do not have to send cash through the mail. They do not have to carry a lot of cash with them, for they can write a check instead. At the end of the month, the bank returns the checks they have written and have been cashed. The bank also sends a statement of all the checks used. That way people have a record of how much money they have spent that month.

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A.Lendingcovenantsnowareoftenmadeatcompoundinterest.B.Lendingtransactionsnowareoftenmadeatcompoundinterest.C.Lendingdecisionsnowareoftenmadeatcompoundinterest.D.Lendingproposalsnowareoftenmadeatcompoundinterest.

单选题The number of orders went up ______ we increased our prices by 15%. A. when B. although C. because D. since

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.

单选题Since April 1994, the RMB exchange rate has been determined by__________.

单选题What is the basic purpose of profits in our market economy? （　　）

单选题There will be no change in the interest rate during the ______ of the mortgage.

单选题Under the bond terms in international business ,after the bank has paid the necessary compensation, it will make an entry to his customer’s account on the side.