A.It is painful
B.It is changeable
C.It is wonderful
D.It is a melting Pot
A. poor financial controls.
B. a justification of the fraudulent actions.
C. pressure to meet earnings expectations.
A.A third party inspection certificate
B.An insurance policy
C.A black list certificate
D.An insurance certificate
B: ()
A.Do not bother. It's a small world.
B.Don't worry. I ended up the third place.
C.I believe we met at the town hall last year.
D.I'm from an unknown small town.
Bao Capital issed a 5-year, $50 million face, 6% semiannual bond when market interest rates were 7%.The market yield of the bonds was 8% at the beginning of the next year.What is the initial balance sheet liability, and what is the interest expense that the company should report for the first half of the second year of the bond’s life (the third semiannual period)”
听力原文:W: Did you hear about Mr. William's case last week?
M: Yes. It's too terrible. As a matter of fact, he should not issue an open cheque in favor of a third party. Anyone who holds it would present it to the paying bank and obtain cash against it.
Q: What happened to Mr. Williams?
(16)
A.He lost a cheque and the thief cashed it.
B.He opened a cheque account.
C.A thief stole the money from the bank.
D.He cashed the cheque but the money was stolen by a thief.
短文理解
听力原文: A standby credit letter (SCL) is a contingent obligation of the letter's issuer. The issuing bank agrees to guarantee the credit of its customer or to guarantee the fulfillment of a contract made by its customer with a third party. The issuing bank earns a fee from providing the service of SCL. In general, the fee is relatively low and usually around 0.5 percent to 1 percent of the amount of credit involved due to the following reasons. On the one hand, the issuing bank may have previously analyzed the financial condition of its standby credit customer, and the probability is low that the issuer of the credit guarantee will ever be called upon to pay. On the other hand, the issuing banks carry zero reserve requirements and avoid the booking of additional assets, which would also require each bank to acquire more capital.
21. Is SCL same as revocable letter of credit according to the passage?
22.What will the issuing bank do for a standby credit letter?
23.Why is the service fee of SCL relatively low?
(21)
A.almost the same one
B.rather different
C.a little different
D.doesn't mention
Directions: Fill in the blanks in the following passage by selecting suitable words from the word bank. Each word can be used only once. (答案请填写完整单词) A) effect B) affect C) commit D) decrease E) decline F) influence G) compromise H) concede I) available J) applicable K) reluctant L) furthermore M) necessity N) authority O) potential A variety of conditions can affect the success or failure of negotiations (谈判). The following conditions make success in negotiations more likely. First, both parties must be willing to participate. If one party is unwilling for the negotiation, the 1) ______ for reaching any agreement will certainly 2) ________. Second, people must get ready to discuss. When there is not enough information 3) _________, or a negotiation strategy unprepared, people may be 4) _________ to begin the discussion. Third, both parties must have enough interests in common to 5) _________ themselves to a shared decision-making discussion. For people to settle disagreement, they must have some means to 6) _______ the attitudes and behavior. from the other party. To 7) __________ a change, they may provide needed information and seek the advice of experts for help. Finally, participants must have the 8) ________ to make a decision. If not, negotiations will be limited to an information exchange between the parties. 9) ___________, both parties must have a willingness to 10) __________. In other words, sometimes, to reach a satisfactory conclusion, it is necessary for the parties prepared to have less than 100 percent of needs or interests satisfied.
Americans, valuing competition, have devised an economic system to go with-free enterprise. Americans feel very strongly that a highly competitive economy will bring out the best in its people and ultimately, that the society which fosters competition will progress most rapidly. If you look for it, you will see evidence in all areas--in all fields as diverse as medicine, the arts, education, and sports--that free enterprise is the approach most often preferred in America.
16. What does the author mean by saying “The ‘self-made man or woman’ is still very much the ideal in present-day America”?
A. Americans no longer respect those who are born rich as they used to.
B. Americans still respect those who have climbed up the social ladder through hard work.
C. Americans think that an ideal man or woman should be born poor.
D. Americans think that only the self-made man or woman is worthy of respect.
17. What does the author think of the American social system?
A. It is a system that does not favor those who are born rich.
B. It is a system that makes social climbing very difficult, if not impossible.
C. It makes it comparatively easy for the poor to move up the social ladder.
D. It is the best system possible in the world
18. Americans teaching in Third World countries found that ___.
A. competition is a unique American (or Western ) value
B. competition must be fostered in the classroom for success in business
C. cooperation is more important than competition in bringing about progress
D. competition is one of the universal human characteristics
19. We can infer from the passage that free enterprise is ____.
A. an economic system allowing free competition among businesses
B. a belief that competition brings out the best in any individual
C. an attitude that values competition rather than cooperation
D. a theory that advocates competition as the source of all progress
20. Americans would most likely frown at you if you ____.
A. complain that you were born poor and had had no opportunities
B. tell then you were born poor and had to work with your hands
C. go around telling people that your father is a self-made man
D. tell them that their social system is not necessarily the best