16级财务管理专业英语复习题齐鲁工业大学

《

14

级专业英语》 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=2 0

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 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 sheet

2. An increase in which one of the following will increase the operating cash flow?

ee salaries

B. office rent

C. building maintenance

D. equipment depreciation

3. 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. 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.

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 expenses

C. 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.

A. opportunity

B. sunk

1

C. incremental

D. fixed

8. 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 only

C. I and IV only

D. II and III only

9. Which of the following is a liability account?

（

）

A. prepaid insurance

B. additional paid-in capital

C. 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 producing

11. 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).

ed equity offering (SEO).

12. Standard deviation measures ____ risk.

A. total

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 value

B. present value

C. intrinsic value

D. market value

14. 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. $$515,000

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 receivable

C. decreasing the inventory turnover rate

D. collecting accounts receivable faster

2

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+D

C. m+D/r

D. D/r

18. Which of the following items has the most risk? (

)

A. treasury bill

B. corporate bond

C. preferred stock

D. common stock

19. (

) equals the gross profit divided by net sales of a firm.

A. gross profit margin

B. net profit margin

C. return on investment

D. return on equity

20. (

)

is the ratios that measure a firm’s ability to meet short

-term obligations

A. liquidity ratios

B. leverage ratios

C. coverage ratios

D. activity ratios

ivity 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. the transaction is complete and the goods or services delivered.

C. payment is received.

D. income taxes are paid.

E. all of the above.

23. (

) is the result of Net Profit Margin × total asset turnover × (total assets/shareholders’ equity)

A. Return on equity

B. return on investment

C. current ratio

D. quick ratio

24. Government tax law adjustment is (

) to a firm.

A. general economic risk

B. inflation and deflation risk

C. firm-specific risk

of the following statements concerning the income statement is not true?

A. It measures performance over a specific period of time.

B. It determines after-tax income of the firm.

C. It includes deferred taxes.

D. It does not include depreciation.

E. it treats interest as an expense.

of the following is not a noncash deduction?

A. Depreciation.

B. Deferred taxes.

C. Interest.

D. Two of the above

E. All of the above.

Corp had an ROA of 10

%. Sasha’s profit margin was

6% on sales of $$180. What are total

assets?

（

）

A.$$300

B.$$108

C.$$48.

D$$162.

28. Calculate net income based on the following information (

)

Sales = $$200.00

3