14级财务管理专业英语习题.pptx

1、14 级专业英语复习资料,考试题型：,一、短语中英互译(20 x1=20分)二、从下列选项中选出最佳答案(20 x1=20分)三、计算题（25分）,四、段落中英互译（35分）,同学们:考试的时候请带上没有存储功能的计算器，试卷上只要是涉及到计算的题里面的数字可能与复习资料上的数字不完全一样，但是计算方法是相似的，所以大家要掌握计算方法，考试的时候要自己计算。预祝同学们取得好成绩。,Part I terminology translation(1*20 points)Directions:interpret the following terminology in English or Chin

2、ese.（范围课后核心词汇）e.g.：,1.financial management-译成汉语,2.普通股-译成英语,Part II Choice questions(1*20 points)(Please write your answer in the followingtable),1.Financial statement does not include(,),A.balance sheet,B.income statementD.working sheet,C.cash flow statement,2.An increase in which one of the followi

3、ng will increase the operating cashflow?,A.employee salaries,B.office rent,C.building maintenance,D.equipment depreciation,3.The process of planning and managing a firms long-term investments iscalled:,A.working capital management.C.capital budgeting.,B.financial depreciation.D.capital structure.,4.

4、Cash equivalents include(A.time deposits,),B.inventories,C.accounts receivable,D.prepaid expenses,5.The internal rate of return for a project will increase if:,A.the initial cost of the project can be reduced.inflows is reduced.,B.the total amount of the cash,C.the required rate of return is reduced

5、.D.the salvage value of the project isomitted from the analysis.,6.Which of the following belongs to current liabilities?(,),A.mortgages payableC.notes payable,B.prepaid expensesD.bonds payable,7.You spent$500 last week fixing the transmission in your car.Now,the brakesare acting up and you are tryi

6、ng to decide whether to fix them or trade the car infor a newer model.In analyzing the brake situation,the$500 you spent fixing thetransmission is a(n)_ cost.,A.opportunityC.incremental,B.sunkD.fixed,8.Which of the following statements are correct concerning diversifiable risks?I.Diversifiable risks

7、 can be essentially eliminated by investing in several securities.II.The market rewards investors for diversifiable risk by paying a risk premium.III.Diversifiable risks are generally associated with an individual firm or industry.IV.Beta measures diversifiable risk.,A.I and III onlyC.I and IV only,

8、B.II and IV onlyD.II and III only,9.Which of the following is a liability account?（）,A.prepaid insuranceC.salaries payable,B.additional paid-in capitalD.accumulated depreciation,10.Accountants employed by large corporations may work in the areas of the,following except(),A.product costing and pricin

9、gC.internal auditing,B.budgeting,D.product producing,11.A corporations first sale of equity made available to the public is called a(n):,（）,A.share repurchase program.C.initial public offering(IPO).,B.private placement.,D.seasoned equity offering(SEO).,12.Standard deviation measures _ risk.,A.total,

10、B.nondiversifiable,C.unsystematic,D.,systematic,13.(,)is the value at some future time of a present amount of money,or a,series of payments,evaluated at a given interest rate.,A.future valuevalue,B.present value,C.intrinsic value,D.market,14.Ellesmere Corporation issues 1 million$1 par value bonds.T

11、he statedinterest rate is 8%per year and the interest is paid twice a year.What is the real,interest rate of the bond?(A.6%B.4%,),C.10%,D.(1+8%/2)2-1,15.Your firm purchased a warehouse for$335,000 six years ago.Four years ago,repairs were made to the building which cost$60,000.The annual taxes on th

12、eproperty are$20,000.The warehouse has a current book value of$268,000 and amarket value of$295,000.The warehouse is totally paid for and solely owned by yourfirm.If the company decides to assign this warehouse to a new project,what value,ifany,should be included in the initial cash flow of the proj

13、ect for this building?（）,A.$268,000,B.$295,000,C.$395,000,D.$515,000,16.Which one of the following will decrease the operating cycle?,A.paying accounts payable faster,B.discontinuing the discount given for early payment of an accounts receivableC.decreasing the inventory turnover rate,D.collecting a

14、ccounts receivable faster,17.Assume that dividends of a common stock will be maintained at D forever,and the required return of the stockholder is r,the par value of the stock is m,the value of the stock is(A.m B.m+D18.Which of the following items has the most risk?(,),C.m+D/r,D.D/r,),A.treasury bil

15、lcommon stock,B.corporate bond,C.preferred stock,D.D.,19.()equals the gross profit divided by net sales of a firm.,A.gross profit marginreturn on equity,B.net profit margin,C.return on investment,20.(,)is the ratios that measure a firms ability to meet short-term,obligations,A.liquidity ratios,B.lev

16、erage ratios,C.coverage ratios D.activity ratios,21.Sensitivity analysis helps you determine the:,A.range of possible outcomes given possible ranges for every variable.B.degree to which the net present value reacts to changes in a single variable.,C.net present value given the best and the worst possible situations.D.degree to which a project is reliant upon the fixed costs.22.According GAAP revenue is recognized as income when:（）A.a contract is signed to perform a service or deliver a good.B.th