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A bank's liquid assets include following items except ______.
A.notes, coins and bullion
B.current balances with central and other banks
C.money at call and short notice
D.bank's premises
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更多 “ A bank's liquid assets include following items except ______.A.notes, coins and bullionB.current balances with central and other banksC.money at call and short noticeD.bank's premises ” 相关考题
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John, CPA, is auditing the financial statements of Company A for the year ended December 31, 20×8. The un-audited information of selected financial statements items is as follows:(Expressed in RMB thousands)FINANCLAL STATEMENTS ITEMS20×820×7Sales6400048000Cost of sales5400042000Net profit30-20December 31, 20×8December 31, 20×7Inventory1600012000Current assets6000050000Total assets10000090000Current liabilities2000018000Total liabilities3000025000During the audit, John has the following findings:(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows:Dr. Cash in Bank RMB 5820000Dr. Financial Expenses RMB 180000Cr. Notes Receivable RMB 6000000(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows:Dr. Non-operating Expenses RMB 3000000Cr. Provisions RMB 3000000On January 10, 20×9,Company A received a judgment on repaying RMB 2500000to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows:Dr. Provisions RMB 3000000Cr. Cash in Bank RMB 2500000Cr. Non-operating Income RMB 500000Required:(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion.(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios:(a)Inventory Turnover Rate in 20×8;(b)Gross Profit Ratio in 20×8;(c)After Tax Return on Total Assets in 20×8; and(d)Current Ratio as at December 31, 20×8(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored.
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The accounting equation may be expressed as( )
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In order to (56) foreign exchange administration, maintain strong balance of payments position, China (57) the Regulations on Foreign Exchange Administration on January 29,1996. The State Administration of Foreign Exchange is the agency responsible for foreign exchange administration. The SAFE has a similar branch structure with that of the People's Bank of China, China's central bank. The Bank of China (58) the principal foreign exchange bank. Other banks and financial institutions, (59) affiliates of non-resident banks, (60) designed transactions with the approval of the SAFE.(41)A.developB.improveC.changeD.conduct
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The central idea of this passage is ______.A.electronic transfer of fundsB.bank's payment mechanismC.clearing of checksD.computer and payment
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Under the documentary credit, which of the following is false?A.The buyer's bank will issue a documentary credit.B.The seller has his bank's undertaking to pay.C.If the seller presents the correct documents, he will be paid.D.A bank acts as an intermediary between the buyer and seller and is willing to provide trade.
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听力原文:M: If a bank has inadequate liquidity, what would happen?W: In this case, it cannot obtain sufficient funds, either by increasing liabilities or by converting assets promptly. Thus, insufficient liquidity can lead to the insolvency of a bank.Q: What would lead to a bank's insolvency?(14)A.Adequate liquidity.B.Insufficient liquidity.C.Increasing liabilities.D.Converting assets.
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听力原文:During the second half year, this bank had total assets of USD80.2 million.(7)A.The bank had aggregate assets of USD80,200,000.B.The bank had aggregate assets of USD80,020,000.C.The bank had aggregate assets of USD8,200,000.D.The bank had aggregate assets of USD18,200,000.
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Current assets include ().
A.short-term investmentsB.receivablesC.property, plant and equipmentD.inventoriesE.intangible assetsF.cash
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听力原文:In the United States, the Federal Gold Reserve acts as the central bank.(2)A.In the US, the Federal Gold Reserve acts as the central bank.B.In the US, the central bank is the commercial bank.C.In the US, there is no central bank.D.In the US, the central bank is not so important.
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听力原文:M: Can you tell me something about a balance sheet?W: Yes. It is divided into three sections: assets, liabilities, and owner's equity and it is used to summarize a company's financial position on a given date.Q: Which of the following is not a section of a balance sheet?(15)A.Profit and JossB.Owner's equity.C.LiabilitiesD.Assets.
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The correspondent bank can only make money for its services to other banks from deposit balances maintained by bank customers.A.RightB.WrongC.Doesn't say
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A correspondent bank may supply the following services to other commercial banks:A.keeping accounts,B.assisting in the sale or purchase of assets,C.providing information about capital marketsA.RightB.WrongC.Doesn't say
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"Balance Sheet" means the statement on which a bank's assets and liabilities are listed.A.RightB.WrongC.Doesn't say
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Early indications of the approach of a hurricane may be all of the following EXCEPT_____A.short confused swellsB.gradually incresing white clouds (mare’s tails)C.pumping barometerD.continuous fine mist-like rain
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The criteria to determine a word's category include all the following EXCEPT__________.
A.meaning
B.inflection
C.distribution
D.parts of speech
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The criteria to determine a word's category include all the following EXCEPT__________ .
A.meaning
B.inflection
C.distribution
D.parts of speech
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According to the passage,coins once had real value as currency because they______.A.represented a great improvement over barter
B.permitted easy transportation of wealth
C.were made of precious metals
D.could become collector’s items
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Theodore Dreiser ′s works include the following EXCEPT ( ) A.An American Tragedy
B.Trilogy of Desire
C.Sister Carrie
D.The Adventures of Hucklebery Finn
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Which of the following passive cooling methods BEST dissipates a component’s heat?()A、HeatsinkB、FanC、Liquid coolingD、Compressed air
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单选题In this passage puffs can include all of the following except ______.A
advertisements that contain the seller’s opinion onlyB
advertisements that connect an unrelated quality to a productC
advertisements that compare the advertised product with other productsD
advertisements that seem to be facts but not exactly so
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单选题All of the following constitute special circumstances EXCEPT().A
Three vessels meeting so as to cross each other's courseB
A vessel meeting a vessel that is backing out of a slipC
An overtaking situation that has reached in extremisD
A vessel fishing with nets meeting a sailing vessel
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单选题The ship’s register indicates all of the following except().A
The vessel's ownershipB
The vessel's nationalityC
The vessel's identityD
The vessel's last port of call
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单选题The U.S. aid would include which of the following?A
Aid workers to staff a hospital in Bam and more private donations.B
Surveying the quake’s damage to the ancient city.C
Continued economic sanctions.D
All of the above except (C).
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单选题Which of the following is NOT the purpose of America’s central bank?A
Controlling the flow of money in the economy.B
Overseeing the activities of banks.C
Producing and distributing bank notes and coins.D
Contributing to the maintenance of a stable financial system.
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单选题In her husband’s eye, Victoria has all the following qualities EXCEPT _____.A
delicacyB
beautyC
humblenessD
intelligence
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单选题The Company should clearly define and document the master’s responsibility with regard to all the following items except().A
implementing the safety and environmental protection policy of the CompanyB
motivating the crew in the observation of that policyC
designing the procedures for internal audits and management reviewsD
issuing appropriate orders and instructions in a clear and simple manner
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