第1页共13页编号：时间：2021年x月x日书山有路勤为径，学海无涯苦作舟页码：第1页共13页金融英语：FECT-1单选题（一）1.Whichofthefollowingisnotafunctionofmoney?______.A.ToactasamediumofexchangeB.ToactasaunitofaccountC.ToactasastoreofvalueD.ToprovideadoublecoincidenceofwantsE.Toactasameansofpayment2.Thepriceintheforeignexchangemarketiscalled______.A.thetradesurplusB.theexchangerateC.themoneypriceD.thecurrencyrate3.Marketriskreferstotheriskof______.A.financialpricesfluctuationsB.defaultC.fraudD.deferredpayments4.Whichofthefollowingisnotamongthegenerallyacceptedaccountingprinciples?______.A.CashbasisB.PrudenceC.ConsistencyD.GoingconcernE.Moneymeasurement.5.Whatisadocumentaryletterofcredit?______.A.AconditionalbankundertakingtopayanexporteronproductionofstipulateddocumentationB.AmethodoflendingagainstdocumentarysecurityC.AninternationaltradesettlementsystembiasedinfavourofimportersD.Alloftheabove6.Holdingagroupofassetsreducesriskaslongastheassets______.A.areperfectlycorrelatedB.arecompletelyindependentC.donothavepreciselythesamepatternofreturnsD.haveacorrelationcoefficientgreaterthanone7.Anamount,payableinmoneygoods,orservice,owedbyabusinesstoacreditor,isknownasa/an.A.liabilityB.debtC.equityD.asset8.Whatfunctionismoneyservingwhenyoubuyatickettoamovie?______.第2页共13页第1页共13页编号：时间：2021年x月x日书山有路勤为径，学海无涯苦作舟页码：第2页共13页A.storeofvalueB.amediumofexchangeC.transactiondemandD.aunitofaccount9.Ifforeignersexpectthatthefuturepriceofsterlingwillbelower,the______.A.supplyofsterlingwillincrease,demandforsterlingwillfall,andtheexchangeratewillfallB.supplyofsterlingwillincrease,demandforsterlingwillrise,andtheexchangeratemayormaynotincreaseC.supplyofsterlingwillfall,demandforsterlingwillincrease,andtheexchangeratewillriseD.supplyofsterlingwillfall,demandforsterlingwillfall,andtheexchangeratemayormaynotfall10.Thedocumentarycollectionprovidesthesellerwithagreaterdegreeofprotectionthanshippingon______.A.openaccountB.bank'sletterofguaranteeC.banker'sdraftD.documentarycredit11.Whichofthefollowingstatementsisnottrueofcentralbanks?______.A.Theypaythegovernment'ssalariesB.TheyalwaysundertaketheregulationofthebankingsystemC.TheyarealwaysthelenderoflastresortD.Noneoftheabove12.WhenGBP/USDrategoesfrom1.6150to1.8500,wesaythedollar______.A.appreciatesby12.70%B.depreciatesby14.55%C.depreciatesby12.70%D.appreciatesby14.55%13.Accordingtodiversificationprincipleininvestment,supposeyouinvestStockXandStockYwithequalfunds,whichofthefollowingisnottrue?______.A.IfXandYaretotallyindependentwitheachother,theriskoftheportfolioisreducedB.IfXandYareperfectlynegativelycorrelated,theriskoftheportfolioisperfectlyoffsetC.IfXandYareperfectlypositivelycorrelated,theriskoftheportfolioisneitherreducednorincreasedD.IfXandYareperfectlynegativelycorrelated,theriskoftheportfolioisneitherreducednorincreased14.Thesearefourmainmethodsofsecuringpaymentininternationaltrade:(1)paymentunderdocumentarycredit第3页共13页第2页共13页编号：时间：2021年x月x日书山有路勤为径，学海无涯苦作舟页码：第3页共13页(2)openaccount(3)collection,thatisdocumentagainstpaymentoracceptanceofabillofexchange(4)paymentinadvanceFromanexporter'spointofview,theorderofpreferenceis______.A.(4),(2),(3),(1)B.(4),(1),(3),(2)C.(4),(3),(1),(2)D.(2),(4),(1),(3)15.Themainliabilityonabankbalancesheetis______.A.depositsB.capitalandreservesC.loansand...
