智慧树知到答案金融英语最新答案

第三章 单元测试

1、单选题：
According to the principle of the balanced balance of payments, if a country reduces its foreign exchange reserves by $20 million and the statistical discrepancy is in the credit entry of $5 million in a given period of time, the country runs _____of its balance of payments during that period of time.（ ）
选项：
A:$25 million deficits

B:$5 million deficits

C:$20 million deficits

D:$15 million deficits

答案: 【

2、单选题：
In terms of balance-of-payments account, which of the following would be recorded as a debit entry in the U.S. BOP?( )
选项：
A:Exports of services

B:Purchase of the U.S. Treasury bonds by non-residents

C:Exports of merchandise

D:An increase of the deposit in a U.S. resident’s account at a foreign bank

答案: 【
】

3、单选题：
The balance of payments is a statistical record which measures the total value of __. ( )
选项：
A:all economic and financial transactions between the residents and non-residents for a given period of time

B:a country’s capital inflows and outflows at a particular date in a given year

C:a country’s foreign trades between the residents of a country and its non-residents for a given period of time

D:a country’s foreign exchange reserves in a certain period of time

答案: 【

4、单选题：
The trade deficit means that___. ( )
选项：
A:residents are producing more goods than they are consuming

B:residents are borrowing more funds than they are lending

C:residents are receiving more payments than they are making

D:residents are importing more goods than they are exporting

答案: 【
】

5、判断题：
In the short-term, a balance of payments surplus boosts economic growth. ( )
选项：
A:错
B:对
答案: 【】

6、多选题：
Balance of payments ( )
选项：
A:can be used to evaluate the performance of a country in international economic competition

B:is a country’s capital inflows and outflows at a particular date in a given year

C:is defined as the statistical record of a country’s international transactions over a certain period of time presented in the form of a double-entry bookkeeping

D:provides detailed information concerning the demand and supply of a country’s currency

答案: 【
】

7、多选题：
A country’s international transactions can be grouped into_______three main types.( )
选项：
A:current account

B:capital account

C:medium term account

D:official reserve account

答案: 【
】

8、多选题：
Since the balance of payments is presented as a system of double-entry bookkeeping, __.( )
选项：
A:None of the above

B:every credit in the account is balanced by a matching debit

C:every debit in the account is balanced by a matching credit

D:every transaction must be recorded twice

答案: 【

9、判断题：
The transaction a U.S. embassy in Beijing pays salaries to its American staffs is included in China’s balance-of-payments account. ( )
选项：
A:错
B:对
答案: 【】

10、判断题：
The demand for a country’s exports impacts the value of its currency. ( )
选项：
A:错
B:对
答案: 【】

11、多选题：
Balance of payments ( )
选项：
A:is defined as the statistical record of a country’s international transactions over a certain period of time presented in the form of a double-entry bookkeeping

B:is a country’s capital inflows and outflows at a particular date in a given year

C:can be used to evaluate the performance of a country in international economic competition

D:provides detailed information concerning the demand and supply of a country’s currency

答案: 【
】

12、多选题：
A country’s international transactions can be grouped into_______three main types.( )
选项：
A:capital account

B:official reserve account

C:medium term account

D:current account

答案: 【
】

13、多选题：
Since the balance of payments is presented as a system of double-entry bookkeeping, __.( )
选项：
A:every debit in the account is balanced by a matching credit

B:None of the above

C:every transaction must be recorded twice

D:every credit in the account is balanced by a matching debit

答案: 【
】

14、多选题：
Balance of payments ( )
选项：
A:provides detailed information concerning the demand and supply of a country’s currency

B:is defined as the statistical record of a country’s international transactions over a certain period of time presented in the form of a double-entry bookkeeping

C:can be used to evaluate the performance of a country in international economic competition

D:is a country’s capital inflows and outflows at a particular date in a given year

答案: 【
】

15、多选题：
A country’s international transactions can be grouped into_______three main types.( )
选项：
A:official reserve account

B:current account

C:capital account

D:medium term account

答案: 【

16、多选题：
Since the balance of payments is presented as a system of double-entry bookkeeping, __.( )
选项：
A:every transaction must be recorded twice

B:None of the above

C:every credit in the account is balanced by a matching debit

D:every debit in the account is balanced by a matching credit

答案: 【
】

第四章 单元测试

1、单选题：
Why would a company issue commercial paper? ( )
选项：
A:All are right.

B:Because they can essentially print money.

C:To finance short term things.

D:To finance large projects and expansions.

答案: 【
】

2、单选题：
Eurocurrency deposits are ( ).
选项：
A:bank deposits designated in the common currency of the European Community

B:held by banks in London only

C:bank deposits in dollars

D:held by banks in one country in the currency of another

答案: 【
】

3、单选题：
What is a major advantage of money market instruments? ( )
选项：
A:They have higher returns than most savings accounts.

B:They are relatively low risk.

C:All are right.

D:Most instruments offer good liquidity.

答案: 【
】

4、单选题：
Borrowers obtain funds from lenders by selling to lenders newly issued claims in the financial markets, eg. stock market or bond market, and we call this way ( ).
选项：
A:financial market

B:direct finance

C:financial instrument

D:indirect finance

答案: 【
】

5、多选题：
The instruments traded in money markets have some common features, including ( ).
选项：
A:short-term maturities

B:low default risk and low yields

C:more liquid and safer

D:large denominations

答案: 【
】

6、多选题：
On the international level, there are two pillars underpinning the RMB internationalization, they are ( ).
选项：
A:China’s products

B:China’s markets

C:the creditworthiness of China as the world’s second-largest economy

D:China’s gold reserves and foreign exchange reserves

答案: 【
】

7、判断题：
Based on the maturity of the securities traded in the market, financial markets can be classified into primary market and secondary market. （ ）
选项：
A:错
B:对
答案: 【】

8、判断题：
T-bills are short-term securities that mature in one year or less from their issue date. （ ）
选项：
A:对
B:错
答案: 【】

9、判断题：
CDs offer a slightly lower yield than T-bills because the bank’s default risk is lower. （ ）
选项：
A:错
B:对
答案: 【】

10、判断题：
Repos are short-term collateralized loans used by securities dealers and other market participants as a source of low cost financing method. （ ）
选项：
A:错
B:对
答案: 【】

11、多选题：
The instruments traded in money markets have some common features, including ( ).
选项：
A:more liquid and safer

B:low default risk and low yields

C:short-term maturities

D:large denominations

答案: 【
】

12、多选题：
The instruments traded in money markets have some common features, including ( ).
选项：
A:more liquid and safer

B:large denominations

C:short-term maturities

D:low default risk and low yields

答案: 【
】

第五章 单元测试

1、单选题：
An important financial institution that assists in the initial sale of securities in the primary market is the ( ).
选项：
A:central bank

B:investment bank

C:joint-equity bank

D:commercial bank

答案: 【
】

2、单选题：
The New York Stock Exchange is the most important example of a ( ) financial market.
选项：
A:second

B:secondary

C:first

D:primary

答案: 【
】

3、单选题：
Capital markets are more frequently used for ( ) assets, which are those with maturities of greater than one year.
选项：
A:long-term

B:medium-term

C:short-term

D:medium-and long-term

答案: 【
】

4、单选题：
When a company issues public stock newly to investors through underwriting by investment bankers, this sale is called ( ).
选项：
A:a follow-on offering

B:an initial public offering

C:a listing

D:a private placement

答案: 【
】

5、多选题：
The financial instruments used in capital markets include ( ), but the instruments used in the money markets include deposits, T-bills and bills of exchange.
选项：
A:repos

B:commercial papers

C:bonds

D:stocks

答案: 【
】

6、多选题：
Private placement has advantages over other equity financing methods, including ( ).
选项：
A:the ability to remain a private company.

B:reduced time

C:less burdensome regulatory requirements

D:reduced cost

答案: 【
】

7、判断题：
Public offering is also called direct issuing as securities are not issued through intermediaries. （ ）
选项：
A:对
B:错
答案: 【】

8、判断题：
An organized securities exchange is a location with a trading floor where all of the trading takes place under the rules formulated by the exchange. （ ）
选项：
A:错
B:对
答案: 【】

9、判断题：
An IPO is a big step for a company. It provides the company with access to raising a lot of money. This gives the company a greater ability to grow and expand. （ ）
选项：
A:错
B:对
答案: 【】

10、判断题：
An is the issuance of additional shares of stock after the issuing company has already had a follow-on offering. （ ）
选项：
A:对
B:错
答案: 【】

11、多选题：
Private placement has advantages over other equity financing methods, including ( ).
选项：
A:less burdensome regulatory requirements

B:the ability to remain a private company.

C:reduced time

D:reduced cost

答案: 【
】

12、多选题：
Private placement has advantages over other equity financing methods, including ( ).
选项：
A:reduced time

B:the ability to remain a private company.

C:reduced cost

D:less burdensome regulatory requirements

答案: 【
】

第六章 单元测试

1、单选题：
A stockholder（ ）.
选项：
A:enjoys a priority over bondholders when the firm is in trouble

B:faces less risk than bondholder and therefore is more likely to make a great deal of money

C:earns a return from stock price increase or dividends

D:owns a percentage interest in a firm and therefore is a creditor of the firm

答案: 【
】

2、单选题：
That a stockholder has the right of a residual claimant means（ ）.
选项：
A:stockholders have a claim on assets or income left over after all other claimants are satisfied

B:stockholders have no claim on assets left over after all other claimants are satisfied

C:all of the above

D:stockholders have a claim on assets before all other claimants are satisfied

答案: 【
】

3、单选题：
Stocks（ ）.
选项：
A:have no maturity

B:guarantee their holders’ interest when the firm is in trouble

C:have a longer maturity than bonds

D:enable their holders to get rich even if the firm does not do well

答案: 【
】

4、判断题：
In a general sense the term negotiable securities is applicable to many forms of negotiable instruments including checks, bills of exchange, and bills of lading and so on.（ ）
选项：
A:对
B:错
答案: 【】

5、判断题：
An equity holder is a residual claimant because they have no right to the management and profit of the company. （ ）
选项：
A:错
B:对
答案: 【

6、判断题：
Preferred stock is a special equity security that has properties of both an equity and a debt instrument and is generally considered a hybrid instrument.（ ）
选项：
A:对
B:错
答案: 【】

7、判断题：
A callable preferred stock means that the holder has the right to sell the stock back to the issuer at a certain price.（ ）
选项：
A:错
B:对
答案: 【错】

8、判断题：
The potential profits from owning common stocks come primarily in two forms: dividends and capital gains when the stock price rises.（ ）
选项：
A:错
B:对
答案: 【】

9、判断题：
Zero coupon bonds do not pay interest until the end of the maturity date. （ ）
选项：
A:错
B:对
答案: 【】

10、判断题：
Floating-rate bonds are riskier than fixed rate bonds especially when inflation rate is high. （ ）
选项：
A:对
B:错
答案: 【】

第七章 单元测试

1、单选题：
The main asset on a bank balance sheet is . ( )
选项：
A:capital and reserves

B:deposits

C:loans and overdrafts

D:cash

答案: 【
】

2、单选题：
is also called bridge loan. ( )
选项：
A:Short-term loan

B:Credit card

C:Non-installment loan

D:Amortization loan

答案: 【
】

3、单选题：
In addition to financing the agricultural, commercial and industrial activities of the nation, commercial banks facilitate consumption by making loans. ( )
选项：
A:consumption

B:Fixed

C:consumer

D:short-term

答案: 【
】

4、单选题：
are not confined to buy or build real estate. ( )
选项：
A:Construction and development loans

B:Residential mortgage loans

C:Commercial real estate loans

D:Home equity loans

答案: 【
】

5、单选题：
Under five-category loan classification, has potential weaknesses that deserve management’s close attention. ( )
选项：
A:substandard

B:doubtful

C:Loss

D:special mention

答案: 【
】

6、判断题：
The current ratio provides a more conservative measure of aggregate liquidity than quick ratio.（ ）
选项：
A:错
B:对
答案: 【】

7、判断题：
Equity Multiplier measures the degree of financial leverage employed. The greater is the degree of leverage, the greater are the returns or risks to shareholders.（ ）
选项：
A:错
B:对
答案: 【】

8、判断题：
Non-mortgage consumer loans are usually used to finance the purchase of durable goods.（ ）
选项：
A:错
B:对
答案: 【】

9、判断题：
Collateral is the lender’s primary source of repayment or security in the case of default.（ ）
选项：
A:对
B:错
答案: 【】

10、判断题：
Pricing of interest rate of international syndicated loan is basically the federal funds rate plus a spread.（ ）
选项：
A:错
B:对
答案: 【】

第八章 单元测试

1、单选题：
___________, which describes a situation where market participation is affected by asymmetric information, affects the ability of markets to allocate credit by prices because it removes the lower-risk borrowers from the set of potential borrower. ( )
选项：
A:Moral hazard

B:Adverse selection

C:Credit rationing

D:Credit crunch

答案: 【
】

2、单选题：
The effect of asymmetric information can be seen clearly in “___________”, which is proposed and illustrated by the economist . ( )
选项：
A:mass market

B:niche market

C:the Market for Lemons

D:the second-hand market

答案: 【
】

3、单选题：
___________ refers to the tendency to change one’s behavior, for example, to take more risks, because someone else bears the cost of those risks. ( )
选项：
A:Credit rationing

B:Adverse selection

C:Credit crunch

D:Moral hazard

答案: 【
】

4、单选题：
The credit scoring model for small businesses is based on _________ , just like the credit scoring for the issue of a credit card with simple procedures. ( )
选项：
A:project loans

B:consumer loans

C:export credit

D:consortium loans

答案: 【

5、单选题：
Credit scoring is more _________ than human loan officers. It eliminates variations in risk assessment among loan officers, and by a single officer over time. ( )
选项：
A:conductive

B:quantitative

C:subjective

D:objective

答案: 【
】

6、判断题：
Different industries have different standards to define small businesses.（ ）
选项：
A:对
B:错
答案: 【】

7、判断题：
The problem of asymmetrical information arises because buyers and sellers don’t have equal amounts of information required to make an informed decision regarding a transaction.（ ）
选项：
A:错
B:对
答案: 【】

8、判断题：
Akerlof suggested that the problem of adverse selection distorted the market, leading to higher prices but lower average quality of the goods. （ ）
选项：
A:错
B:对
答案: 【】

9、判断题：
Moral hazard occurs prior to a deal between a buyer and a seller, while adverse selection may appear after the deal is made. （ ）
选项：
A:错
B:对
答案: 【】

10、判断题：
In small business lending, adverse selection arises from the bank’s inability to distinguish between high-risk and low-risk borrowers. （ ）
选项：
A:对
B:错
答案: 【】

第九章 单元测试

1、判断题：
Because the title to the leased property has not been transferred, a capital lease is not regarded in essence as equivalent to a sale of the property from the lessor to the lessee.（ ）
选项：
A:错
B:对
答案: 【】

2、判断题：
In a leasing contract, the lessor still remains the ownership, while the lessee obtains the right to use the asset. （ ）
选项：
A:错
B:对
答案: 【】

3、判断题：
In simple terms, factoring is the purchase of claims, arising from sales of goods, by a specialized company known as factoring company or factor. （ ）
选项：
A:错
B:对
答案: 【】

4、判断题：
The factor acts as the client’s credit department to evaluate the importer’s credit standing to determine a credit line for his client’s customer so that he can exercise the function of pre-approving orders after shipment. （ ）
选项：
A:对
B:错
答案: 【】

5、判断题：
Forfeiting is the term generally used to denote the purchase of obligations falling due at some future date, arising from deliveries of goods and services-mostly export transactions-with recourse to any previous holder of the obligation. （ ）
选项：
A:对
B:错
答案: 【】

6、判断题：
Once you establish an irrevocable trust, you cannot change or modify it in any way. （ ）
选项：
A:对
B:错
答案: 【】

7、判断题：
In an operating lease, the lessor provides maintenance at additional lease cost which will be borne by the lessee. （ ）
选项：
A:错
B:对
答案: 【】

8、单选题：
Financial lease is sometimes called capital lease and is usually（ ）.
选项：
A:all of the above

B:long term

C:intermediate term

D:short term

答案:
】

9、单选题：
Forfeiting provides（ ）financing of the value of export.
选项：
A:85%

B:100%

C:80%

D:90%

答案: 【
】

10、单选题：
In a factoring, the seller gets access to finance linked to his（ ）
选项：
A:overdraft limit

B:historic balance sheet ratios

C:sales prospects

D:current levels of business

答案: 【
】

第十章 单元测试

1、单选题：
The ___ principle means that we can express transactions and events in monetary units.（ ）
选项：
A:monetary unit

B:accounting period

C:going-concern

D:accounting entity

答案: 【
】

2、单选题：
Assets accounts normally have debit balances. These accounts increase on the ___ side and decrease on the ___ side.( )
选项：
A:debit credit

B:credit debit

答案: 【
】

3、单选题：
Financial statement does not include ( ).
选项：
A:income statement

B:working sheet

C:balance sheet

D:cash flow statement

答案: 【
】

4、单选题：
Listed below are some characteristics of financial information.
(1) True (2) Prudence (3) Completeness (4) Correct
Which of these characteristics contribute to reliability? ( )
选项：
A:(2), (3) and (4) only

B:(1), (2) and (3) only

C:(1), (2) and (4) only

D:(1), (3) and (4) only

答案: 【
】

5、单选题：
Which of the following is not an asset?( )
选项：
A:Accruals and other provisions

B:Accounts receivable

C:Prepayments

D:Cash balances

答案: 【
】

6、单选题：
Company ABC paid $18000 at the beginning of year 2006 in cash for office rental from Jan. 2006 to June 2007, how much of the rental should be booked as cost for year 2006?( )
选项：
A:$12000

B:$18000

C:$24000

D:$9000

答案: 【
】

7、判断题：
Accounting is a set of concepts and techniques that are used to measure and report financial information about a legal entity. ( )
选项：
A:对
B:错
答案: 【】

8、判断题：
When a company received $1.000 cash from its client, the company’s cash is increased; to record this increase, debit Cash. ( )
选项：
A:错
B:对
答案: 【】

9、判断题：
Balance sheet is a status report. ( )
选项：
A:错
B:对
答案: 【】

10、判断题：
Net sales equal sales minus sales returns and sales discount. ( )
选项：
A:对
B:错
答案: 【】

第十一章 单元测试

1、单选题：
Which one is not the party for a sight draft? ( )
选项：
A:drawer

B:acceptor

C:payee

D:drawee

答案: 【
】

2、单选题：
If the drawing amount of the cheque exceeds the amount deposited in the account, this kind of check is called ( )
选项：
A:transferred check

B:bounced check

C:guaranteed check

D:dishonored check

答案: 【
】

3、单选题：
Under the O/A，which one is not correct？( )
选项：
A:It is favorable to the buyer.

B:The seller usually bears the risk of non-payment.

C:The seller gets the payment first and delivers the goods later.

D:It is one type of remittance.

答案: 【
】

4、单选题：
Which one is a financial document except ( )
选项：
A:cheque

B:draft

C:Invoice

D:promissory note

答案: 【
】

5、多选题：
Issue of a draft comprises two acts ( )
选项：
A:endorse

B:accept

C:deliver

D:write and sign

答案: 【
】

6、多选题：
Based on means of transferring funds, a remittance usually falls into: ( )
选项：
A:Demand Transfer (D/T)

B:.

C:Mail Transfer (M/T)

D:Telegraphic Transfer (T/T)

E:Demand Draft (D/
答案: 【】

7、多选题：
Under collection, which of the following are correct? ( )
选项：
A:There are obligations for the banks to check the documents and guarantee the payment.

B:If the instructions are D/P at sight, the importer’s bank will release the documents to the importer only against payment.

C:Collecting bank or presenting bank is the bank in the country of the seller or exporter.

D:D/P is more favorable than D/A to the seller.

答案: 【
】

8、判断题：
The maker of a promissory note can be more than one person.（ ）
选项：
A:对
B:错
答案: 【】

9、判断题：
The obligor of a cheque is the drawee rather than other parties.（ ）
选项：
A:错
B:对
答案: 【】

10、判断题：
If the draft indicates “pay…Co. or order”, it can be negotiable. （ ）
选项：
A:对
B:错
答案: 【】

11、多选题：
Issue of a draft comprises two acts ( )
选项：
A:write and sign

B:endorse

C:accept

D:deliver

答案: 【
】

12、多选题：
Based on means of transferring funds, a remittance usually falls into: ( )
选项：
A:Demand Draft (D/
B:.

C:Mail Transfer (M/T)

D:Demand Transfer (D/T)

E:Telegraphic Transfer (T/T)

答案: 【
】

13、多选题：
Under collection, which of the following are correct? ( )
选项：
A:Collecting bank or presenting bank is the bank in the country of the seller or exporter.

B:D/P is more favorable than D/A to the seller.

C:If the instructions are D/P at sight, the importer’s bank will release the documents to the importer only against payment.

D:There are obligations for the banks to check the documents and guarantee the payment.

答案: 【
】

14、多选题：
Based on means of transferring funds, a remittance usually falls into: ( )
选项：
A:Telegraphic Transfer (T/T)

B:Mail Transfer (M/T)

C:Demand Transfer (D/T)

D:Demand Draft (D/
E:.

答案: 【】

第十二章 单元测试

1、单选题：
“We hereby agree with the beneficiary that all draft drawn under and/or documents presented hereunder will be duly honored by us provided the terms and conditions of the Credit are complied with…”. In the clause, “we”are ( )
选项：
A:beneficiary

B:issuing bank

C:advising bank

D:applicant

答案: 【
】

2、单选题：
The word “this credit is not restricted to any bank for negotiation” or “this credit may be negotiated at any bank”, or similar words, may be indicated on ( )
选项：
A:restricted negotiation L/C

B:free transferable L/C

C:free negotiation L/C

D:restricted transferable L/C

答案: 【
】

3、单选题：
Which one is not correct for transferable credit and back-to-back credit? ( )
选项：
A:Two credits are involved in transferable credit while one letter of credit is involved in back-to-back credit.

B:One credit is involved in transferable credit while two letters of credit are involved in back-to-back credit.

C:They are both used by middlemen.

D:Under the back to back L/C, the applicant is required to provide the original L/C for mortgage while it is not for transferable credit.

答案: 【
】

4、单选题：
Reciprocal credits are not suitable in ( )
选项：
A:counter trade or compensation trade

B:trade of processing incoming materials

C:barter transactions

D:general trade

答案: 【
】

5、多选题：
Who applies for the opening or issuing of a credit in accordance with the sales contract. ( )
选项：
A:Importer

B:Buyer

C:Exporter

D:Seller

答案: 【
】

6、多选题：
Standby L/C is also called ( )
选项：
A:clean L/C

B:performance L/C

C:guarantee L/C

D:commercial paper L/C

答案: 【
】

7、多选题：
If the revolving credit is stated to be“cumulative”, the specific methods can be formulated in the following ways: ( )
选项：
A:automatic Revolving L/C

B:non-automatic Revolving L/C

C:anti-automatic Revolving L/C

D:semi-automatic Revolving L/C

答案: 【
】

8、判断题：
The advising bank in the seller’s country can be the confirming bank and add its confirmation to the L/C. ( )
选项：
A:错
B:对
答案: 【

9、判断题：
A draft is required for deferred credit. ( )
选项：
A:对
B:错
答案: 【】

10、判断题：
If the exporters find that it is difficult to fulfill some provisions in L/C when they review them, they can directly request the issuing bank to modify L/C. ( )
选项：
A:错
B:对
答案: 【】

11、多选题：
Standby L/C is also called ( )
选项：
A:clean L/C

B:performance L/C

C:commercial paper L/C

D:guarantee L/C

答案: 【
】

12、多选题：
If the revolving credit is stated to be“cumulative”, the specific methods can be formulated in the following ways: ( )
选项：
A:semi-automatic Revolving L/C

B:automatic Revolving L/C

C:anti-automatic Revolving L/C

D:non-automatic Revolving L/C

答案: 【
】

13、多选题：
Who applies for the opening or issuing of a credit in accordance with the sales contract. ( )
选项：
A:Buyer

B:Exporter

C:Seller

D:Importer

答案: 【

14、多选题：
Standby L/C is also called ( )
选项：
A:commercial paper L/C

B:clean L/C

C:performance L/C

D:guarantee L/C

答案: 【
】

15、多选题：
If the revolving credit is stated to be“cumulative”, the specific methods can be formulated in the following ways: ( )
选项：
A:non-automatic Revolving L/C

B:semi-automatic Revolving L/C

C:automatic Revolving L/C

D:anti-automatic Revolving L/C

答案: 【
】

第十三章 单元测试

1、单选题：
( ) refers to loans, investments and other financial services provided through online channels rather than through banks and other financial institutions.
选项：
A:E-banking

B:Internet finance

C:Online banking

D:E-commerce

答案: 【
】

2、单选题：
Alipay account holder can buy into the money fund with a minimum investment of one yuan and redeem their fund holding ( ) to pay for online purchases.
选项：
A:in a month

B:at any time

C:after a year

D:after half a year

答案: 【
】

3、多选题：
The third-party payment platform plays the role as an intermediary to ( ).
选项：
A:eliminate the distrust of trading parties

B:carry out macro-economic policies

C:purchase securities from issuers

D:reduce the cost of banking services

答案: 【
】

4、多选题：
Alipay users are entitled to directly invest cash from their account into a money market fund managed by Tianhong Asset Management Co. with ( ).
选项：
A:higher risk

B:more flexibility

C:lower returns

D:higher returns

答案: 【
】

5、判断题：
The guidelines should decrease the negative effects of illegal network transactions, protect the legitimate rights of investors and encourage fair competition. （ ）
选项：
A:对
B:错
答案: 【】

6、判断题：
The term online banking is used to describe supplying banking services through electronic intermediaries or electronically based channels. （ ）
选项：
A:对
B:错
答案: 【】

7、判断题：
E-banking can increase Chinese financial institutions’ ability to retain and expand their existing customer base. （ ）
选项：
A:对
B:错
答案: 【】

8、判断题：
It should be noted that electronic banking is a platform, which only include the banking services provided via Internet. （ ）
选项：
A:错
B:对
答案: 【】

9、判断题：
Telephone banking permits customers to get access into their respective banking information 12 hours a day. （ ）
选项：
A:对
B:错
答案: 【】

10、判断题：
From July 1, 2018, all payment transactions handled by third-party providers need to go through the Online Settlement Platform for Non-Bank Payment Institutions, enabling better regulation and tracking of capital flows within the country.（ ）
选项：
A:对
B:错
答案: 【】

11、多选题：
Alipay users are entitled to directly invest cash from their account into a money market fund managed by Tianhong Asset Management Co. with ( ).
选项：
A:higher returns

B:more flexibility

C:higher risk

D:lower returns

答案: 【
】

12、多选题：
The third-party payment platform plays the role as an intermediary to ( ).
选项：
A:reduce the cost of banking services

B:eliminate the distrust of trading parties

C:purchase securities from issuers

D:carry out macro-economic policies

答案: 【

第十四章 单元测试

1、单选题：
________ will receive proceeds from an insurance company to offset the income lost as a
result of the insured’s death. ( )
选项：
A:The beneficiary

B:The insurer

C:The insured

D:The underwriter

答案: 【
】

2、单选题：
According to , the insured may not collect more than the actual loss in the event of
damage caused by an insured peril. ( )
选项：
A:Principle of Indemnity

B:Principle of Insurable Interest

C:Principle of Subrogation

D:Principle of Utmost Good Faith

答案: 【
】

3、单选题：
Under the principle of subrogation one who has indemnified another’s loss is entitled to
recovery from . ( )
选项：
A:another insurance company

B:the beneficiary of the policy

C:the reinsurer involved

D:any liable third parties who are responsible

答案: 【
】

4、单选题：
______is a form of insurance that pays monetary proceeds upon the death of the insured
covered in the policy.( )
选项：
A:Health insurance

B:Annuity insurance

C:Life insurance

D:Personal accident insurance

答案: 【
】

5、单选题：
Disability income insurance and medical expense insurance fall into the category of ______. ( )
选项：
A:health insurance

B:non-life insurance

C:life insurance

D:personal accident insurance

答案: 【
】

6、判断题：
Health insurance covers medical bills incurred because of both sickness and injury. （ ）
选项：
A:对
B:错
答案: 【】

7、判断题：
Endowment policies are generally equivalent to term insurance plus a lump-sum benefit paid on survival.（ ）
选项：
A:错
B:对
答案: 【】

8、判断题：
When a ship is threatened at sea, it is essential to try and keep the ship afloat, which might result in further damage. On this occasion, each owner takes responsibility for a share of the property damaged or lost, known as particular average. （ ）
选项：
A:错
B:对
答案: 【】

9、判断题：
Reinsurance allows an insurance company to offer smaller limits of protection to a policyholder than its own capital would allow. （ ）
选项：
A:对
B:错
答案: 【】

10、判断题：
Under reinsurance the original insurer transfers liability under an insurance contract, either in part or in whole, to some other underwriter or a group of underwriters known as the reinsurer or ceding company.（ ）
选项：
A:错
B:对
答案: 【】

第十五章 单元测试

1、单选题：
( ) describes how individuals in a group can act together without planned direction.
选项：
A:Herd behavior

B:Credit default swap
C:Ponzi’s scam
D:Dutch tulip mania

答案: 【
】

2、单选题：
Another factor believed to contribute to financial crises is ( ), a situation in which the risks associated with an institution’s debts and assets are not appropriately aligned.
选项：
A:regulatory failure

B:asset-liability mismatch

C:uncertainty and herd behavior

D:leverage

答案: 【
】

3、多选题：
Economic crisis is usually characterized by ( ).
选项：
A:recession

B:depression

C:stagflation

D:prosperity

答案: 【
】

4、多选题：
The reasons of financial crisis include ( ).
选项：
A:asset-liability mismatch

B:herd effect

C:regulatory failure

D:leverage

答案: 【

5、判断题：
A financial asset exhibits a bubble when its price is lower than the present value of the future income (such as or dividends) that would be received by owning it to . （ ）
选项：
A:对
B:错
答案: 【】

6、判断题：
Negative GDP growth lasting two or more quarters is called a recession and an especially prolonged recession may be called a depression. （ ）
选项：
A:对
B:错
答案: 【】

7、判断题：
Contagion refers to the idea that financial crises may spread from one institution to another. ’s scam in early 20th century Boston is an example. （ ）
选项：
A:错
B:对
答案: 【】

8、判断题：
The current turmoil in the global financial market originating from the U.S. has a lot to do with asset securitization. （ ）
选项：
A:对
B:错
答案: 【】

9、判断题：
Banking crisis refers to the condition that the debtor country is unable to pay or has to postpone debt repayment due to its insolvency. （ ）
选项：
A:对
B:错
答案: 【】

10、判断题：
The sovereign debt crisis is usually marked by the credit rating of debtor countries being lowered, which may cause the market panic, currency devaluation, bank failure and etc. （ ）
选项：
A:对
B:错
答案: 【】

11、多选题：
Economic crisis is usually characterized by ( ).
选项：
A:recession

B:stagflation

C:prosperity

D:depression

答案: 【
】

12、多选题：
The reasons of financial crisis include ( ).
选项：
A:asset-liability mismatch

B:regulatory failure

C:leverage

D:herd effect

答案: 【
】

13、多选题：
Economic crisis is usually characterized by ( ).
选项：
A:prosperity

B:stagflation

C:depression

D:recession

答案: 【

14、多选题：
The reasons of financial crisis include ( ).
选项：
A:regulatory failure

B:leverage

C:asset-liability mismatch

D:herd effect

答案: 【
】