2022年黑龙江金融英语考试真题卷.docx

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1、2022年黑龙江金融英语考试真题卷本卷共分为2大题50小题，作答时间为180分钟，总分100分，60分及格。一、单项选择题（共47题，每题2分。每题的备选项中，只有一个最符合题意） 1.BPassage Three/BAbill of ladingBdocumentary letterCletter of creditDinsurance document 2.BSection One/B Directions: There are three passages in this section. Each passage is followed by some questions or unf

2、inished statements. For each of them, there are four choices marked A, B, C and D. You should make the best choice and mark the corresponding letter on the ANSWER SHEET by drawing a single line through the center. Passage 1 The credit created for international settlement among banks not only provide

3、s a sense of security for the traders involved, but also a reliable source of finance for foreign trade where required. The credit created, in general, favors the exporter. In order to reduce the possible risk, the exporter usually insists on the buyer establishing a credit in his favor before shipm

4、ent is unloaded. There are generally several types of credits. A confirmed credit guarantees payment to the beneficiary, provided that the credit terms and conditions are met and the standing of the advising bank in the beneficiarys country is sound. A revocable credit may be cancelled at any time u

5、p to the moment the advising bank pays. This type of credit is the least favorable to the exporter. There is a risk that the goods may be shipped, and the credit revoked before documents are presented to the advising bank. An irrevocable credit may not be cancelled or even amended without the consen

6、t of all the parties involved. This type of credit guarantees that no single party will revoke the contract already signed. With the credit arrangement, the issuing bank agrees to pay the advising bank, and the advising bank pays the exporter according to the terms of the documents which appear to f

7、ulfill the conditions of the credit. Banks, however, are not bound by, and therefore, not concerned with the underlying sales contract on which the credit requirements are based. As long as the documents are in good order and there are no apparent problems with the process, the buyer is still respon

8、sible for payment to the issuing bank although the goods received may be of inferior quality to those ordered.The word credit in the first line of the passage relies to: AloanBtrustCB/LDL/C 3.BSection One/B Directions: In this section, you will hear ten short statements. Each statement will be spoke

9、n only once. After each statement, there will be a pause. During the pause, you must read the four suggested answers marked A, B, C and D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center. ALending covenants now are oft

10、en made at compound interest.BLending transactions now are often made at compound interest.CLending decisions now are often made at compound interest.DLending proposals now are often made at compound interest. 4.Passage 2 Accounting information is expressed primarily in monetary terms. The monetary

11、unit is the prime means of measuring assets. This measure is not surprising given that money is the common denominator in business transactions. In the United States, the monetary unit is the dollar; in Great Britain, the pound sterling; in Japan, the yen. The stable-monetary-unit concept provides a

12、n orderly basis for handling account balances to produce the financial statements. Unlike a liter, a foot, and many other measurements, the value of the monetary unit may change over time. Most of us are familiar with inflation. Groceries that cost $50 three years ago may cost $60 today. The value o

13、f the dollar changes. In view of the fact that the dollar does not maintain a constant value, how does a business measure the worth of assets and liabilities acquired over a long span of time The business records all assets and liabilities at cost. Each asset and each liability on the balance sheet

14、is the sum of all the individual dollar amounts added over time. For example, if a company bought 100 acres of land in 1975 for $60,000 and another 100 acres of land in 1992 for $300,000, the asset of land on the balance sheet carries a $360,000 balance, and the change in the purchasing power of the

15、 dollar is ignored. The stable-monetary-unit concept is the accountants basis for ignoring the effect of inflation and making no restatements for the changing value of the dollar. Lets look at the short-comings of this concept. Suppose another company paid $ 600,000 for the same 200 acres of land in

16、 1992. Its land would be the same as the preceding companys land, but its balance sheet would show a much higher amount for the land. How do we compare the two companies balance sheets The comparison based on the stable-monetary-unit concept may not be valid because mixing dollar values at different

17、 times is like mixing apples and oranges.What is the stable-monetary-unit concept AIt is the prime means of measuring assets.BIt is the common denominator in business transactions.CIt is an orderly basis for handling account balances to produce the financial statements.DIt is monetary terms in accou

18、nting information. 5. Directions: In this section, you will hear three short passages. At the end of each passage, you will hear some questions. The passages and the questions will be spoken only once. After you hear a question, you must choose the best answer from the four choices marked A, B, C an

19、d D. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center. BPassage One/BAalmost the same oneBrather differentCa little differentDdoesnt mention 6.AThe financial reporting is to provide information for the investors and lenders only.BThe main aim of financial

20、reporting is to offer information useful for decision-making.CInvestment and lending decisions can be made from the financial reporting.DInvestment and lending decisions can not be made from the financial reporting. 7. Directions: In this section, you will hear ten short conversations. At the end of

21、 each conversation, a question will be asked about what was said. The conversation and question will be spoken only once. During the pause, you must read the four choices marked A, B, C, D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a single line

22、 through the center. AStipulating the rate of interest.BStipulating the repayment date.CStipulating the amount and timing of any periodic cash interest payments.DStipulating the financial sponsor. 8.BPassage Two/BAThe money markets.BThe banks.CThe international trade.DThe buying of goods in the mark

23、ets. 9.BPassage Three/BADollar against PoundBdocument against paymentCdelivery after paymentDdollar in payment 10.BSection One/B Directions: There are three passages in this section. Each passage is followed by some questions or unfinished statements. For each of them, there are four choices marked

24、A, B, C and D. You should make the best choice and mark the corresponding letter on the ANSWER SHEET by drawing a single line through the center. Passage 1 The credit created for international settlement among banks not only provides a sense of security for the traders involved, but also a reliable

25、source of finance for foreign trade where required. The credit created, in general, favors the exporter. In order to reduce the possible risk, the exporter usually insists on the buyer establishing a credit in his favor before shipment is unloaded. There are generally several types of credits. A con

26、firmed credit guarantees payment to the beneficiary, provided that the credit terms and conditions are met and the standing of the advising bank in the beneficiarys country is sound. A revocable credit may be cancelled at any time up to the moment the advising bank pays. This type of credit is the l

27、east favorable to the exporter. There is a risk that the goods may be shipped, and the credit revoked before documents are presented to the advising bank. An irrevocable credit may not be cancelled or even amended without the consent of all the parties involved. This type of credit guarantees that n

28、o single party will revoke the contract already signed. With the credit arrangement, the issuing bank agrees to pay the advising bank, and the advising bank pays the exporter according to the terms of the documents which appear to fulfill the conditions of the credit. Banks, however, are not bound b

29、y, and therefore, not concerned with the underlying sales contract on which the credit requirements are based. As long as the documents are in good order and there are no apparent problems with the process, the buyer is still responsible for payment to the issuing bank although the goods received ma

30、y be of inferior quality to those ordered.Why does the exporter usually insist on the buyer establishing a credit in his favor before shipment is unloaded ATo collect the proceeds.BTo draw drafts.CTo revoke the contract.DTo reduce the possible risk. 11.BSection One/B Directions: In this section, you

31、 will hear ten short statements. Each statement will be spoken only once. After each statement, there will be a pause. During the pause, you must read the four suggested answers marked A, B, C and D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a s

32、ingle line through the center. AAssuming inappropriately large financial risk can cause investors to lose sleep.BFinancial risk will not cause investors to lose sleep.CSeeking to maximize profits appropriately can cause investors to lose sleep.DNo matter how much they earn, the investors will lose s

33、leep. 12.Passage 2 Accounting information is expressed primarily in monetary terms. The monetary unit is the prime means of measuring assets. This measure is not surprising given that money is the common denominator in business transactions. In the United States, the monetary unit is the dollar; in

34、Great Britain, the pound sterling; in Japan, the yen. The stable-monetary-unit concept provides an orderly basis for handling account balances to produce the financial statements. Unlike a liter, a foot, and many other measurements, the value of the monetary unit may change over time. Most of us are

35、 familiar with inflation. Groceries that cost $50 three years ago may cost $60 today. The value of the dollar changes. In view of the fact that the dollar does not maintain a constant value, how does a business measure the worth of assets and liabilities acquired over a long span of time The busines

36、s records all assets and liabilities at cost. Each asset and each liability on the balance sheet is the sum of all the individual dollar amounts added over time. For example, if a company bought 100 acres of land in 1975 for $60,000 and another 100 acres of land in 1992 for $300,000, the asset of la

37、nd on the balance sheet carries a $360,000 balance, and the change in the purchasing power of the dollar is ignored. The stable-monetary-unit concept is the accountants basis for ignoring the effect of inflation and making no restatements for the changing value of the dollar. Lets look at the short-

38、comings of this concept. Suppose another company paid $ 600,000 for the same 200 acres of land in 1992. Its land would be the same as the preceding companys land, but its balance sheet would show a much higher amount for the land. How do we compare the two companies balance sheets The comparison bas

39、ed on the stable-monetary-unit concept may not be valid because mixing dollar values at different times is like mixing apples and oranges.By what means does a business measure the worth of assets and liabilities AThe monetary unit.BDollar.CThe value of the monetary unit.DThe sum of all the individua

40、l amounts added together. 13. Directions: In this section, you will hear three short passages. At the end of each passage, you will hear some questions. The passages and the questions will be spoken only once. After you hear a question, you must choose the best answer from the four choices marked A,

41、 B, C and D. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center. BPassage One/BAThe issuing bank will charge a fee for giving a standby credit letter.BThe issuing bank will charge no fees for giving a standby credit letter.CThe issuing bank will amend the st

42、andby credit letter if appropriate.DThe issuing bank will revoke the standby credit letter if appropriate. 14.AThe banks foreign exchange department has to record the positions in the various currencies.BThe hanks foreign exchange department has to record the positions in the various currencies.CThe

43、 banks foreign branches department has to record the various foreign currency liabilities.DThe banks foreign branches department has to record the positions in the various currencies. 15. Directions: In this section, you will hear ten short conversations. At the end of each conversation, a question

44、will be asked about what was said. The conversation and question will be spoken only once. During the pause, you must read the four choices marked A, B, C, D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center. AAt the ex

45、change desk.BOn the board.COn the desk.DOn the notebook. 16.AThe woman cant get cash before the proceeds are collected.BThere is something wrong with the proceeds.CThe woman will be paid directly by the paying bank.DThe personal cheque cant be encashed over the counter. 17.BPassage Two/BA13 daysB30

46、daysC33 daysD23 days 18.BPassage Three/BABy paying or accepting the bill of exchange.BBy paying in cash.CBy opening a letter of credit.DBy showing the bill of lading. 19.BSection One/B Directions: There are three passages in this section. Each passage is followed by some questions or unfinished stat

47、ements. For each of them, there are four choices marked A, B, C and D. You should make the best choice and mark the corresponding letter on the ANSWER SHEET by drawing a single line through the center. Passage 1 The credit created for international settlement among banks not only provides a sense of security for the traders involved, but also a reliable source of finance for for