金融专业英语证书考试FECT判断练习25题_a证考试练习题判断题
金融专业英语证书考试FECT判断练习25题由刀豆文库小编整理，希望给你工作、学习、生活带来方便，猜你可能喜欢“a证考试练习题判断题”。
大家网 1 / 3
金融专业英语证书考试FECT判断练习25题
26．As a general rule，the shorter the maturity of an aet and the more readily it can be sold，the more liquid is the aet．
A．True
B．False
27．Investors in the capital markets are not subject to any tax on their investments．
A．True
B．False
28．CMO is a security backed by a pool of pa－through rates，structured so that there are several claes of bondholders with varying maturities，called tranches．
A．True
B．False
29．The purpose of the letter of credit is to facilitate trade，typically international trade by substituting the known credit worthine of a bank for the buyer，which may be unknown or unacceptable to the seller．
A．True
B．False
30．According to the Phillips Curve，the economy cannot be at full employment and stable
A
B．False
31．When total reserves are equal to required reserves，the banking system cannot extend loans anymore．
A．True
B．False
32．A bill of lading that covers the shipment of goods on two separate veels is known as thorough bill of lading．
A．True
B．False
33．Usually the more liquid aet is le risky．
A．True
B．False
34．Where the bill of exchange is not accompanied by documents，these having been sent to the importer，the transaction is known as a clean collection．
A．True
B．False
35．The velocity of money is the speed with which it can be converted into a liquid aet．
A．True
更多精品在大家！http:// 大家网，大家的！/ 3 101880351.doc TopSage.com
B．False
36．Primitive securities yield returns that depend on additional factors pertaining to the prices of other aets，while a derivative security offers returns based only on the status of the iuer．
A．True
B．False
37．A car loan offered by a bank is a derivative security．
A．True
B．False
38．Options give buyers the obligation to buy or sell an aet at a present price over a specific period．
A．True
B．False
39．Futures contracts usually end in the delivery of the underlying commodity．
A．True
B．False
40．The forward exchange rate is the current spot rate adjusted for the interest rate differentials．
A．True
B．False
．e．，．
A．True
B．False
42．Every transaction must produce a debit and credit entry of the same financial amount．
A．True
B．False
43．There are three parties to a life policy in addition to the iuing company： the insurer，the life aured and the beneficiary．
A．True
B．False
44．A guarantee is an agreement that may be evidenced in writing or in oral form．
A．True
B．False
45．An insurable interest is aumed where people take life aurance on their own lives or where the relationship is that of husband and wife．
A．True
B．False
46．Profit does not equal cash and some profitable businees have failed for want of cash．
A．True
大家网，大家的！http:// 更多精品在大家！
大家网 3 / 3
B．False
47．Bills are negotiated with recourse to customers in the event of nonpayment．
A．True
B．False
48．A firm's gearing is the level of fixed aets as a percentage of total aets．
A．True
B．False
49．A bank must obtain a judgment if it wishes to pursue its legal remedies against a debtor．
A．True
B．False
50．When a country borrows from abroad，its balance of international payments shows an outflow of foreign exchange．
A．True
B．False
更多精品在大家！http:// 大家网，大家的！
