单选题The seller in an open account must know that in some circumstances he can present open account receivable to a law institution for acceptance.

单选题{{B}}Passage Three{{/B}} Well over half of all bank commercial loans are made for a short term, that is, for period of less than one year. Of these loans, about half are made on an unsecured basis to seasonal businesses and to borrowers with short-lived and project-oriented needs for funds. Secured short-term borrowers typically are less strong financially or are untested businesses without an earnings record. The most common type of short-term loan is the working capital line of credit extended to financially strong borrowers who have seasonal swings in their operations. Retailers and seasonal manufacturing firms are regular users of such credit. Through the line-of-credit commitment, a bank indicates its intention to honor borrowings up to the amount of the line. The amount is established on the basis of the customer's proforma peak funding requirement, and it assures the borrower of the availability of funds to finance bulges in working capital as sales expand and contract. The line of credit facility is very flexible and overcomes the need to extend a series of separate short-term loans. The customer "takes down" only parts of the line as the need arises, so that redundant borrowings are unnecessary. Loan interest is charged on only the amount actually borrowed, and the loan may be repaid as reflows of cash to the firm occur when seasonal sales decline.

单选题A.Bankcardbusiness.B.Bankcardfraud.C.Technologiesusedinbank.D.Internationalcardfraud.

单选题After debtors fully clear their foreign debts, they are required to retain their external debt accounts for future use.

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 ______.