11级财务管理专业英语复习题(学生用).doc

1《11 级财务管理专业英语》复习资料考试题型：一、短语中英互译(20x1=20 分)二、从下列选项中选出最佳答案(20x1=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，但是计算方法是完全一样的，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 Chinese.（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 following table) 1. Financial statement does not include ( )A. balance sheet B. income statement C. cash flow statement D. working sheet2. An increase in which one of the following will increase the operating cash flow?A.employee salaries B. office rentC. building maintenance D. equipment depreciation3. The process of planning and managing a firm’s long-term investments is called: A. working capital management. B. financial depreciation.C. capital budgeting. D. capital structure.4. Cash equivalents include ( )A. time deposits B. inventoriesC. accounts receivable D. prepaid expenses5. The internal rate of return for a project will increase if: A. the initial cost of the project can be reduced. B. the total amount of the cash inflows is reduced.C. the required rate of return is reduced. D. the salvage value of the project is omitted from the analysis.6. Which of the following belongs to current liabilities?( )A. mortgages payable B. prepaid expensesC. notes payable D. bonds payable 7. You spent $500 last week fixing the transmission in your car. Now, the brakes are acting up and you are trying to decide whether to fix them or trade the car in for a newer model. In analyzing the brake situation, the $500 you spent fixing the transmission is a(n) ___ cost.2A. opportunity B. sunk C. incremental D. fixed8. Which of the following statements are correct concerning diversifiable risks? I. Diversifiable risks 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 only B. II and IV onlyC. I and IV only D. II and III only9. Which of the following is a liability account?（ ）A. prepaid insurance B. additional paid-in capitalC. salaries payable D. accumulated depreciation 10. Accountants employed by large corporations may work in the areas of the following except ( )A. product costing and pricing B. budgeting C. internal auditing D. product producing11. A corporation’s first sale of equity made available to the public is called a(n):（ ）A. share repurchase program. B. private placement.C. initial public offering (IPO). D.seasoned equity offering (SEO).12. Standard deviation measures ____ risk.A. total B. nondiversifiable C. unsystematic D. systematic13. ( ) 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 value B. present value C. intrinsic value D. market value14. Ellesmere Corporation issues 1 million $1 par value bonds. The stated interest 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 the property are $20,000. The warehouse has a current book value of $268,000 and a market value of $295,000. The warehouse is totally paid for and solely owned by your firm. If the company decides to assign this warehouse to a new project, what value, if any, should be included in the initial cash flow of the project for this building? （ ）A. $268,000 B. $295,000 C. $395,000 D. $515,00016.Which one of the following will decrease the operating cycle? A. paying accounts payable fasterB. discontinuing the discount given for early payment of an accounts receivableC. decreasing the inventory turnover rateD. collecting accounts receivable faster317. 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+D C. m+D/r D. D/r18. Which of the following items has the most risk? ( )A. treasury bill B. corporate bond C. preferred stock D. common stock19. ( ) equals the gross profit divided by net sales of a firm.A. gross profit margin B. net profit margin C. return on inve。