1、现代金融业务(综合)-14 及答案解析(总分：83.00，做题时间：90 分钟)一、Part One Listening(总题数：0，分数：0.00)二、Section One(总题数：1，分数：5.00)(1).A. The check is out of date. B. The check is post-dated.C. The check is in too large amount. D. The check is a crossed one.（分数：1.00）A.B.C.D.(2).A. The cost principle states that assets and serv
2、ices that are acquired should be recorded at their current price.B. The cost principle states that assets and services that are acquired should be recorded at their actual historical cost.C. The Reliability Principle states that assets and services that are acquired should be recorded at their curre
3、nt cost.D. The Reliability Principle states that assets and services that are acquired should be recorded at their actual historical cost.（分数：1.00）A.B.C.D.(3).A. The collecting bank is the bank at the sellers country.B. The collecting bank acts only as an agent for the remitting bank.C. The collecti
4、ng bank knows the buyer very well.D. The collecting bank noticed that the draft and the documents were received.（分数：1.00）A.B.C.D.(4).A. The relationship between the drawee and collecting bank will be taken into consideration first of all.B. The remitting bankers instructions will be paid much more a
5、ttention.C. The remitting bankers instructions will be less important than the relationship between the drawee and collecting bank.D. The remitting banker must consider the relationship between the drawee and collecting bank.（分数：1.00）A.B.C.D.(5).A. Not all the customers are allowed by Internet banki
6、ng to transact business.B. Internet banking allows any customer to transact business from certain places.C. Internet banking allows any customer to transact business from certain time.D. All customers are allowed by Internet banking to transact business.（分数：1.00）A.B.C.D.三、Section Two(总题数：1，分数：5.00)(
7、1).A. It means being convenient to be carried.B. It means being readily to be divided.C. It means being easily identified.D. It means being carried in a big basket.（分数：1.00）A.B.C.D.(2).A. Four. B. Two. C. Three. D. Five.（分数：1.00）A.B.C.D.(3).A. A contractual arrangement. B. A counterpart.C. Many type
8、s of risks. D. Credit risk.（分数：1.00）A.B.C.D.(4).A. Bills of lading. B. Consular invoice.C. Insurance policy. D. Certificate of origin.（分数：1.00）A.B.C.D.(5).A. He got a credit card of his friend and come to ask how to use it.B. He got a card and did not know whose card it is.C. He has lost his credit
9、card and come to ask what to do.D. He has found a credit card and come to ask what to do.（分数：1.00）A.B.C.D.四、Section Three(总题数：0，分数：0.00)五、Passage One(总题数：1，分数：3.00)(1).A. Bank card business. B. Bank card fraud.C. Technologies used in bank. D. International card fraud.（分数：1.00）A.B.C.D.(2).A. $ 680 mi
10、llion B. $ 860 million C. $ 680 billion D. $ 860 billion（分数：1.00）A.B.C.D.(3).A. Its the same over the 10-year period.B. Its getting worse over the 10-year period.C. Its getting better over the 10-year period.D. There is no way to solve the problem.（分数：1.00）A.B.C.D.六、Passage Two(总题数：1，分数：3.00)(1).A.
11、To follow the banks rules and regulations.B. To have the right to make full use of the banks facilities.C. To open an account in the bank.D. To protect the depositors interest.（分数：1.00）A.B.C.D.(2).A. He makes deposits with a bank.B. He withdraws money from a savings account.C. He withdraws money fro
12、m a checking account.D. Both and .（分数：1.00）A.B.C.D.(3).A. To attract deposits. B. To improve bank services.C. To eliminate the use of the passbook. D. To promote banking business.（分数：1.00）A.B.C.D.七、Passage Three(总题数：1，分数：4.00)(1).A. cashB. notes and coinsC. recorded electronic funds-transfer systemD
13、. paper gold（分数：1.00）A.B.C.D.(2).A. Cash would be no longer in use. B. There would be more safety guards.C. More prisons would be set up. D. People would be better off.（分数：1.00）A.B.C.D.(3).A. Letters of credit B. Electronic funds-transfer technologyC. Credit cards D. Travelers checks（分数：1.00）A.B.C.D
14、.(4).A. In a cash-free society, bank robberies and cash register robberies would not occur.B. Retail shops could operate in safety.C. Automatic-teller-machine system would have to change.D. Purse snatching would simply become impossible.（分数：1.00）A.B.C.D.八、Part Two Reading(总题数：0，分数：0.00)九、Section One
15、(总题数：2，分数：10.00)Passage 1Commercial bank deposits, including demand deposits, are subject to immediate withdrawal during regular banking hours at the request of the depositor with the exception of certain time deposits, discussed in this section. Demand deposits may be withdrawn in the form of curre
16、ncy or coin, or they may be transferred to another account at any commercial bank. Demand deposits at commercial banks can be transferred by bank check and are sometimes called checking accounts. No money interest is paid on demand deposits. Checkable NOW accounts, or share drafts at credit unions,
17、which are available to consumers but not business depositors, pay interest. Technically, they are savings accounts that are accessible by a negotiable order of withdrawal.Savings deposits at commercial banks and thrifts can usually be withdrawn as currency or coin, or as a cashiers check of the bank
18、 (a check drawn against the issuing bank) ; they may be trans-fenced into the depositors demand deposit account at the same bank, although technically the bank may refuse to withdraw or transfer a savings account for 30 days.Time deposit accounts with specified maturities are exceptions to the conve
19、ntion that commercial bank deposits should be convertible to cash on demand. Prior to the date of maturity, the bank may refuse to exchange such a time deposit claim or may impose a penalty fee. The time deposit pays interest, giving it one of the characteristics of other private bonds.Consumer or p
20、ersonal time deposits include CDs in denominations of less than $100,000. They are non-negotiable; that is, they cannot be sold and must be returned to the issuing bank by the original purchaser. Until 1976, there were effective ceilings on interest payments. In 1973, consumer CDs were first authori
21、zed with ceiling interest yields closer to market interest rates. They were called money market certificates.（分数：5.00）(1).Which of the following is excluded from the commercial bank deposits?A. Demand deposits. B. Time deposits. C. Checking accounts. D. Treasury bills.（分数：1.00）A.B.C.D.(2).How do peo
22、ple draw money with a commercial bank against a NOW account?A. By a bank check. B. By a demand.C. By a negotiable order of withdrawal. D. By a draft.（分数：1.00）A.B.C.D.(3).Into what kind of account can a savings deposit be transferred at the same bank?A. A time deposit account of the depositor. B. A d
23、emand deposit account of the depositor.C. A NOW account of the depositor. D. A fixed time account of the depositor.（分数：1.00）A.B.C.D.(4).What can we learn from the third part of the passage?A. Time deposit accounts are not subject to the convention so that they can not be converted to cash before the
24、ir maturity date.B. Commercial banks may impose a penalty fee on all kinds of accounts.C. People can get interest payment when they exchange their tired deposits for private bonds.D. Banks may refuse to transfer a time deposit into a savings deposit.（分数：1.00）A.B.C.D.(5).Which of the following is not
25、 mentioned in the passage?A. CDs are a kind of consumer time deposits.B. All the consumer or personal time deposits are non-negotiable.C. No money interest is paid on personal time deposits.D. The interest yields of consumer CDs are closer to market interest rates.（分数：1.00）A.B.C.D.Passage 2The balan
26、ce 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
27、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 fo
28、reign 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 s
29、tatistics. 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
30、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 Wo
31、rld 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
32、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
33、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.（分数：5.00）(1).What is the balance of payments?A. The balance of payments is a digital table of all the economic tr
34、ansactions between residents of the reporting country and residents of the rest of the world during a given time period.B. The balance of payments is a figured table of all the economic transactions between residents of the reporting country and resident of the rest of the world during a given time
35、period.C. The balance of payments is a statistical record of all the economic transactions between residents of the reporting country and residents of the rest of the world during a given time period.D. The balance of payment is a digital record of all the economic transactions between residents of
36、the reporting country and residents of the test of the world during a given time period.（分数：1.00）A.B.C.D.(2).Which of the following statement is true?A. Deficit may lead government to reduce interest rate.B. Deficit may lead government to raise expenditure on imports.C. Surplus may lead government t
37、o stimulate imports from foreign countries.D. Surplus may lead government to reduce expenditure on imports.（分数：1.00）A.B.C.D.(3).It is important to note that _.A. citizenship is less important than residency are the same thing from the viewpoint of the balance of payments statisticsB. citizenship has
38、 a broader meaning than residencyC. citizenship and residency are indeed the same thing from the viewpoint of the balance of payments statisticsD. citizenship and residency are not necessarily the same thing from the viewpoint of the balance of payments statistics（分数：1.00）A.B.C.D.(4).Which of the fo
39、llowing transaction is not included in Chinese balance of payments?A. Bond transaction with Citibank.B. Service transaction between local enterprise and Sino-foreign joint company incorporated in China.C. Capital inflow to Beijing subsidiary of Swiss multinationals.D. Loan from IMF.（分数：1.00）A.B.C.D.
40、(5).What is the alternative name of the World Bank?A. International Bank for Reconstruction and Development.B. International Financial Corporation.C. International Development Association.D. International Settlement Bank.（分数：1.00）A.B.C.D.十、Section Two(总题数：8，分数：8.00)1.Money market securities are _.A.
41、 essentially issued by governments, financial institutions, and large corporationsB. very liquid and earns high returnC. denominated in small sums so that individual investors can deal in themD. purchased by individual investors directly（分数：1.00）A.B.C.D.2.You are requested to send us _ to authentica
42、te the cable L/C issued by your bank in the future.A. your specimen signatures book B. your telegraphic test keyC. your tariffs D. your terms and conditions（分数：1.00）A.B.C.D.3.Cost accounting analyzes a businesss cost to help managers _.A. expend money B. control expensesC. pay the debts D. make budg
43、et（分数：1.00）A.B.C.D.4.The owners equity in a business comes from two sources: _.(1) Investment by the owner(2) Notes receivable(3) Earnings from profitable operation of business(4) Accounts receivableA. (2) and (4) B. (1) and (3) C. (1) and (2) D. (3) and (4)（分数：1.00）A.B.C.D.5.The price in the foreig
44、n exchange market is called _.A. the trade surplus B. the exchange rateC. the money price D. the currency rate（分数：1.00）A.B.C.D.6.A profit and loss statement indicates the companys _.A. assets and liabilities at a particular point in timeB. revenues and expenses for a specific period of timeC. financ
45、ial resources at a particular point in timeD. performance at a particular point in time（分数：1.00）A.B.C.D.7.Government securities would appear on a commercial banks balance sheet as _.A. an asset B. reserves C. part of net worth D. a liability（分数：1.00）A.B.C.D.8.Under D/P, all the documents, and usuall
46、y title to the goods, are released to the buyer upon _.A. his acceptance of the draft for payment at a specified later dateB. his payment of the amount specified under reserveC. his partial payment of the bill amountD. his payment of the amount specified（分数：1.00）A.B.C.D.十一、Section Three(总题数：0，分数：0.0
47、0)十二、Passage One(总题数：1，分数：5.00)FLOOR BROKERS, when a commission broker has (56) that he cannot execute personally because of their number or because of the activity of the market, he engages the services of a floor broker. These floor brokers were once referred to as $ 2 brokers, because at one time
48、 they charged a fee of $2 per (57) ; today this fee is (58) higher. Commissions are shared on these orders. It is easy to see that smaller commission brokers are especially prone to (59) by an influx of orders. The floor broker, as a freelance operator, provides a (60) function in ensuring that the
49、exchanges business is conducted rapidly and efficiently.（分数：5.00）(1).A. commands B. instructions C. arrangements D. orders（分数：1.00）A.B.C.D.(2).A. business B. deal C. transaction D. trade（分数：1.00）A.B.C.D.(3).A. much B. considerably C. incredulously D. incredibly（分数：1.00）A.B.C.D.(4).A. being swamped B. swamp C. be swamped D. have been swamped（分数：1.00）A.B.C.D.(5).A. outstanding B. important C. significant D. vital（分数：1.00）A.B.C.D.十三、Passage Two(总题数：1，分数：5.00)Liabilities are usually classified as either current or noncurrent liabilit
