行業(yè)+英語(yǔ)能力大賽財(cái)經(jīng)金融方向樣題
滿(mǎn)分100分
I. Multiple-choice Questions (40 points)
In this section, there are 20 questions with 4 choices. Each question only has ONE right answer.
1. The classroom _____ twenty feet across.
A. measures
B. has measured
C. measuring
D. is measured
[參考答案]A
2. _____ you insist, I will reconsider the matter.
A. But
B. When
C. Since
D. For
[參考答案]C
3. I won’t consider _____ my job at this time.
A. quit
B. to quit
C. quitting
D. to quitting
[參考答案]C
4. You _____ your visa extended before it expires.
A. had better to get
B. had better get
C. had better got
D. had to get better
[參考答案]B
5. While I _____ with my wife last night, an old friend of mine showed up.
A. talked
B. had talked
C. would talk
D. was talking
[參考答案]D
6. If I had not called for a doctor, your friend _____.
A. had died
B. will die
C. would die
D. would have died
[參考答案]D
7. Bill wasn’t happy about the delay, and _____.
A. I was neither
B. I wasn’t either
C. neither I was
D. either was I
[參考答案]B
8. Can you tell me the reason _____ you are always late?
A. why
B. that
C. which
D. how
[參考答案]A
9. Smith is not so _____ as you are.
A. strongest
B. stronger
C. strong
D. the strong
[參考答案]C
10. I don’t take John’s laptop because I don’t like _____.
A. that laptop of his
B. that laptop of him
C. his that pen
D. that his pen
[參考答案]A
11. All he ever thinks about is making _____.
A. income
B. salary
C. money
D. currency
[參考答案]C
12. She still doesn’t know how she found her _____ to the meeting without map.
A. road
B. route
C. way
D. direction
[參考答案]C
13. He had been sent to prison twice for _____.
A. robber
B. thief
C. cheat
D. stealing
[參考答案]D
14. You should be _____ of yourself for treating your own brother so badly.
A. guilty
B. ashamed
C. astonished
D. shy
[參考答案]B
15. He refused to _____ to the victim.
A. apologize
B. regret
C. be sorrowful
D. bow
[參考答案]A
16. I’m not surprised he is late again: he never appears _____ at mealtime.
A. exact
B. lately
C. punctually
D. early
[參考答案]C
17. I’m sorry for being late. I was held up in a traffic _____.
A. sauce
B. jam
C. group
D. crowd
[參考答案]B
18. The primitive tribe had lived peacefully deep in the mountains _____ a great many years.
A. during
B. on
C. in
D. for
[參考答案]D
19. It took him two hours to _____ his journey.
A. realize
B. complete
C. come
D. start
[參考答案]B
20. London is one of the important _____ centers of the world.
A. financial
B. finance
C. economical
D. economic
[參考答案]A
II. Reading Comprehension (40 points)
In this section, you will find after each of the passages a number of questions or unfinished statements about the passage, each with 4 choices to answer the question or complete the statement. You must choose the one which you think fits best.
Passage 1
A new study shows that bilingual speakers’ ability to speak a second language is improved after they have consumed a low dose of alcohol.
It is well-established that alcohol damages cognitive and motor functions. “Executive functions”, which include the ability to remember, pay attention, and prevent improper behaviors, are particularly sensitive to the effects of alcohol. While alcohol increases self-confidence and reduces social anxiety, both of which might be expected to improve language ability, especially, the ability to speak a second language, when interacting with another person.
An experimental study was to test these competing predictions for the first time. The researchers tested the effects of a low dose of alcohol on participants’ self-rated and observer-rated ability to converse in Dutch. Participants were 50 native German speakers who were studying at a Dutch University (Maastricht) and had recently learned to speak, read and write in Dutch.
Participants bought randomly either a low dose of alcohol or a control beverage that contained no alcohol, before they chatted with an experimenter in Dutch for a few minutes. The exact dose of alcohol varied depending on participants’ body weight, but it was equivalent to just under a pint (460 ml) of 5% beer, for a 70kg male.
The researchers found that participants who had consumed alcohol had significantly better observer-ratings for their Dutch language, specifically better pronunciation, compared to those who had not consumed alcohol. However, alcohol had no effect on self-ratings of Dutch language skills.
Dr Jessica Werthmann who was one of the researchers, said “We need to be cautious about the implications of these results until we know more about what causes the observed results. One possible reason could be the anxiety-reducing effect of alcohol. But more research is needed to test this.”
21. What languages could the participants speak in the study?
A. English and Dutch.
B. English and German.
C. German and Dutch.
D. German and French.
22. When did the bilingual participants’ second language get improved?
A. After they have drunk some beverage.
B. After they have drunk a little alcohol.
C. After they have drunk much beverage.
D. After they have drunk plenty of alcohol.
23. Which one will be LEAST affected by the effect of alcohol among “executive functions”?
A. The ability to remember.
B. The ability to focus on things.
C. The ability to inhibit improper behaviors.
D. The ability to talk.
24. Which of the following statements is NOT true?
A. A low dose of alcohol will limit the ability to speak a second language.
B. Alcohol will increase self-confidence.
C. Alcohol will reduce social anxiety.
D. Alcohol will improve the ability to speak a second language.
25. What is the main idea of the text?
A. The researchers intend to prove the effects of a low dose of alcohol on Germans’ self-rated and observer-rated ability to talk in Dutch.
B. Participants drank randomly a low dose of alcohol or soft drink, before they spoke Dutch.
C. The study shows that alcohol consumption has positive effects on the pronunciation of a second language in people who recently learn that language.
D. Participants who consumed a low dose of alcohol have significantly better observer-ratings for their second language, but more research is needed to test this.
[參考答案]CBDAD
Passage 2
There are many ways we can enjoy sport—watching it on TV or a smartphone, attending an event at a stadium or even playing the game. But for those who enjoy getting competitive with their computer gaming, there are realistic-looking games with lifelike graphics to be played without leaving home. It’s this type of sport—if that’s what we can call it—that has become big business. And interest in it has gone to a new level.
Initially, grabbing a controller and playing a game was a lonely activity. But around 20 years ago computers became cheaper and the internet became faster, which made it much easier for more people to get involved with computer gaming. This led to gamers connecting with each other around the world, so they could go head-to-head online. It also became a sport with people watching others play. The whole experience has been given the name “esports”—electronic sports.
Now, huge esports competitions take place all over the world in big arenas with large crowds. Die-hard enthusiasts, who have become first-rate players, are now well-known—some play together in teams. Its top stars can earn millions of dollars a year, without even breaking into a sweat! And fans from around the world tune in to watch the action online. The global audience is now estimated at more than 200 million and growing. Annual revenues from esports, currently around 650 million dollars for events, continue to rise with billions more generated through video games sales.
Famous football clubs are now trying to get in on the action. England’s Football Association for example launched its first esports team this year, known as the eLions. It recruited Fifa 19 players to represent them at the Fifa eNations Cup. Mark Bullingham, the FA’s chief commercial and football development officer, said “The FA prides itself on being a modern, innovative organization that strives to engage and inspire all generations of football fans.”
But while this virtual version of football might give aspiring footballers a chance to get closer to the real game, some might argue the lack of physical activity means it shouldn’t be called a sport—and the biggest winners are the companies who promote and sell esports.
26. There are many ways we can enjoy sport EXCEPT _____.
A. watching TV or a smartphone
B. attending an event at a stadium
C. playing computer games
D. reading novels
27. Which of the following statements is NOT true?
A. A game player can play games alone at home.
B. Computers are cheaper to buy.
C. Esports have no audience.
D. More player will get involved in computer games easily.
28. Which of the following statements can NOT enable esports to become more popular?
A. Computers became cheaper.
B. The internet became faster.
C. Players are easily connected with each other worldwide.
D. Fifa plays a vital role in esports’ promotion.
29. Which statement is NOT true according to the text?
A. Huge esports competitions are popular with large crowds.
B. The audience all over the world is now estimated as many as 200 million.
C. Top players can earn millions of dollars a year easily.
D. First-rate players are famous and they play together in teams.
30. Why do some people think that an esport shouldn’t be called a sport?
A. It lacks physical activity.
B. Famous football clubs are unhappy.
C. Esports help players understand the real game better.
D. Biggest winners of esport are the companies who promote and sell esports.
[參考答案]DCDBA
Passage 3
Wall Street dealmakers are off to a busy start to 2013, as some of corporate America’s most recognizable names have become involved in multi-billion-dollar mergers and acquisitions. Just yesterday, American Airline and US Airways announced they would be merging in an $11 billion deal, while private equity firm 3G and Warren Buffett’s Berkshire Hathaway announced a $28 billion joint acquisition of food conglomerate H.G. Heinz. And these two deals followed hard upon $24.4 billion leveraged buyout of Dell by private equity firm Silver Lake Partners and the firm’s founder, Michael Dell.
Indeed, according to data from Deallogics, U.S.companies have spent $219 billion on mergers and acquisitions so far in 2013, a sharp increase from 2012, when firms spent just $85 billion during the same period. And U.S. firms are on pace to have the biggest year in M&A activity since 2000.
While all this activity will surely benefit shareholders of acquired firms—as well as lots of Wall Street investment banks—what does it say about the health of the economy? Since the late 19th century, mergers and acquisitions have tended to come in waves, spurred by the availability of credit, changes in government policy, or bursts of private-sector innovation. Mergers in particular are often financed with stock, and high stock values give companies the resources with which to make purchases.
But the stock market has been doing pretty well for a few years now, with S&P 500 up more than 138% since its bear-market lows of 2009. So why are we only now seeing the first glimmer of an M&A boom?
Surely one reason is that today’s market is heavily fortified by quantitative easing. The Federal Reserve has taken unprecedented action to keep interest rates low in both the short and long term, and these efforts have kept stock prices high despite the weak economy. In other words, given central bank stimulus, a rising stock market isn’t quite the indicator it used to be. We can see this in GDP growth figures as well.
But, just as we’ve seen the link between rising stock prices and M&A severed, the huge gains we’ve seen in stock prices since 2009 have also not been followed by a robust economic growth. Again, this is probably because Fed action has done more to promote stock price increases than economic fundamentals. But this is exactly why we should be encouraged by this fast start to M&A activity in 2013, especially if it keeps up in the coming months. It may mean that recent stock market gains are once again reflecting confidence about future profits, and not just central bank stimulus.
What makes this plausible is the fact that management won’t seek out—and boards won’t sanction—expensive acquisitions if they’re not confident about future growth. And given the fact that corporate profits have been strong while unemployment remains high and wages growth stagnant means the corporate sector will eventually have to start spending if economy is to recover fully.
So while high profile M&A deals are often times more about CEO empire building than creating real shareholder value, this nascent boom may be a positive sign for the economy nonetheless. It may finally be that rising stock prices are actually telling us something about the real economy around us—and perhaps more important, that corporate leaders are finally feeling frisky once again.
31. The underlined word “dealmakers” in Paragraph 1 is closest in meaning to ______.
A. dealbreakers
B. dealers
C. traders
D. brokers
32. According to the passage, Silver Lake Partners financed its acquisition of Dell ______.
A. with its own equity
B. with a large amount of borrowed money
C. with bank loans
D. with borrowings from the government
33. An investment bank ______.
A. helps its clients in all aspects of corporate finance including raising capital and advising on mergers and acquisitions (M&A)
B. sources most of its revenues from borrowing money at a lower interest rate and lending it at a higher interest rate
C. extends loans to businesses who are in need of working capital
D. mainly deals in stocks and bonds on their account
34. Which of the following statements about interest rates is TRUE?
A. Higher interest rates keep stock prices higher.
B. Lower interest rates keep stock prices lower.
C. Higher interest rates keep up stock prices.
D. Lower interest rates keep stock prices higher.
35. According to the passage, “quantitative easing” refers to ______.
A. one of the U.S. Fed’s monetary policy tools: buying and selling of long-term securities to affect long-term interest rates and thereby, economic activity
B. one of the U.S. Fed’s monetary policy tools: buying and selling of short-term securities to affect short-term interest rates and thereby, economic activity
C. one of the U.S. Fed’s monetary policy tools: buying and selling of long-term securities to affect short-term interest rates and thereby, economic activity
D. one of the U.S. Fed’s monetary policy tools: buying and selling of short-term securities to affect long-term interest rates and thereby, economic activity
36. According to the passage, rising stock prices may ______.
A. suggest that the real economy is turning weak
B. indicate that the government is expanding its spending
C. give positive signals about the real economy
D. tell us something negative about the real economy
37. According to the passage, rising stock prices will usually boost the M&A activity in the U.S., because ______.
A. high stock values give U.S. companies the resources with which to acquire other companies
B. the U.S. Fed encourages M&A transactions
C. high stock prices mean U.S. companies can have bank loans at lower interest rates
D. M&A transactions can further boost stock prices
38. “Again, this is probably because Fed action has done more to promote stock price increases than economic fundamentals.” The underlined part of the sentence refers to ______.
A. topics affecting an economy at large, including statistics concerning unemployment, supply and demand, growth, and inflation as well as considerations for economic policy and international trade
B. key statistics within particular segments of an economy
C. key financial statistics of individual businesses, such as profitability and financial statements
D. essential economic theories that are applied to guide economic activities
39. According to the passage, the current boom in M&A deals in the U.S. ______.
A. reflects that business CEOs are strongly confident about the real economy
B. reflects that the real economy is turning better
C. is motivated more by business CEOs’ desire to create wealth for their shareholders
D. is driven more by business CEOs’ dream of building their business empires
40. Which of the following gives the main idea of the passage?
A. A new boom in M&A activity is emerging in the U.S.
B. The bull market has resulted in a boom in M&A activity in the U.S.
C. The economic recovery is leading to a boom in M&A activity in the U.S.
D. Is a boom in M&A activity good news or bad news for the U.S. economy?
[參考答案]DBADA CAADD
III. Translation of Underlined Parts (20 points)
In this section, there are 20 sentences. For each sentence, there are four suggested translations of its underlined part.Choose the one that you think is the best answer. Each question only has ONE right answer.
41. Fundamental analysis involves digging deep into a company’s financial statements to extract its profit and growth potential, relative riskiness, and to ultimately decide if its shares are over, under, or fairly valued in the market.
A. 基本原理分析法
B. 基本（面）分析法
C. 根本分析法
D. 宏觀分析法
[參考答案]B
42. A country’s balance of payments influences, and is influenced by, such key macroeconomic variables as gross national products, employment, price lees, exchange rates and interest rates.
A. 國(guó)際收支
B. 收支平衡
C. 收支余額
D. 國(guó)際支付平衡
[參考答案]A
43. The study has found that poor buyers of houses making a less than 5% down payment have tended to be better-than-average credit risks.
A. 訂金
B. 押金
C. 保證金
D. 首付
[參考答案]D
44. Company Las specifies that investors should be given certain financial information, and as a result, companies generally include three financial statements in their annual reports.
A. 財(cái)務(wù)聲明
B. 財(cái)務(wù)陳述
C. 財(cái)務(wù)報(bào)表
D. 金融報(bào)告
[參考答案]C
45. In accordance with the principles of double-entry bookkeeping, the basic accounting equation is Assets = Liabilities + Owners’ ( or Shareholders’ ) Equity.
A. 重復(fù)記賬法
B. 雙重記賬法
C. 復(fù)式記賬法
D. 復(fù)合記賬法
[參考答案]C
46. International Financial Reporting Standards (IFRS) are a set of global accounting standards developed by the International Accounting Standards Board (IASB), which apply to public companies in countries that have adopted IFRS as their accounting standards.
A. 公共公司
B. 公開(kāi)公司
C. 國(guó)營(yíng)公司
D. 上市公司
[參考答案]D
47. However, once again the correction proved very short-lived as abundant U.S. liquidity moved in to pick up blue chips on perceived weakness.
A. 糾正
B. 調(diào)整
C. 校正
D. 反轉(zhuǎn)
[參考答案]B
48. Scotland’s banks have become a byword for chaos and catastrophic losses, after the hubris of the 1990s turned into the near-collapse of the mid-2000s with massive rescue packages.
A. 大規(guī)模救援包裝
B. 大規(guī)模救援包
C. 巨額救助計(jì)劃
D. 巨大的救助包裹
[參考答案]C
49. Indeed, the advent of both e-cash and e-commerce raises fundamental questions about the national market as the basic unit of account in the international economic system.
A. 基本會(huì)計(jì)單位
B. 基本賬戶(hù)
C. 基礎(chǔ)核算賬戶(hù)
D. 基本核算單位
[參考答案]D
50. A more highly leveraged firm is considered to be more risky because it is obligated to repay larger amounts of borrowings and interest.
A. 財(cái)務(wù)杠桿率越高的企業(yè)
B. 影響力越大的企業(yè)
C. 金融杠桿越大的企業(yè)
D. 銀行貸款越多的企業(yè)
[參考答案]A
51. 據(jù)報(bào)道，中國(guó)銀保監(jiān)會(huì)對(duì)數(shù)家商業(yè)銀行和保險(xiǎn)機(jī)構(gòu)進(jìn)行了罰款處理。
A. China Banking and Insurance Regulatory Commission
B. China Bank and Insurance Regulatory Commission
C. China Banking and Insurance Regulatory Committee
D. China Bank and Insurance Regulatory Committee
[參考答案]A
52. 深化投融資體制改革，是事關(guān)我市當(dāng)前和長(zhǎng)遠(yuǎn)發(fā)展的一個(gè)重大問(wèn)題。
A. the reform of investment and finance systems
B. the reform in investment and financing regimes
C. the reform on investing and financing systems
D. the reform of investing and financing regime
[參考答案]B
53. 對(duì)存貨的會(huì)計(jì)處理不僅影響資產(chǎn)負(fù)債表，也影響利潤(rùn)表。
A. accounting of inventory
B. accounting of stocks
C. accounting for inventory
D. adjusting for inventory
[參考答案]C
54. 廣義的國(guó)際金融市場(chǎng)，是指進(jìn)行各種國(guó)際金融業(yè)務(wù)活動(dòng)的場(chǎng)所，可分為貨幣市場(chǎng)、資本市場(chǎng)、外匯市場(chǎng)和黃金市場(chǎng)等。
A. RMB market
B. money market
C. coin market
D. cash market
[參考答案]B
55. 該公司表示，從黨的十八大以來(lái)的10年中，該公司凈利潤(rùn)年復(fù)合增長(zhǎng)率達(dá)到了23%。
A. annual compound net profit growth rate
B. compound annual net profit growth rate
C. net profit annual compound growth rate
D. net profit annual compounded growth rate
[參考答案]B
56. 多年前，中國(guó)就呼吁改革全球儲(chǔ)備貨幣體系、創(chuàng)建基于特別提款權(quán)的新國(guó)際儲(chǔ)備貨幣。
A. an international reserve new currency
B. an international new reserve currency
C. a currency for new international reserves
D. a new international reserve currency
[參考答案]D
57. 近年來(lái)，有關(guān)會(huì)計(jì)職業(yè)道德的問(wèn)題備受關(guān)注，部分是因?yàn)閲?guó)內(nèi)媒體報(bào)道了許多會(huì)計(jì)的犯罪事實(shí)，如欺詐、審計(jì)造假、內(nèi)幕交易和逃稅等。
A. inside trading and tax avoidance
B. insider trading and tax avoidance
C. insider trading and tax evasion
D. inside trading and tax evasion
[參考答案]C
58. 中國(guó)積極財(cái)政政策實(shí)施七年來(lái)，拉動(dòng)了經(jīng)濟(jì)增長(zhǎng)，促進(jìn)了產(chǎn)業(yè)結(jié)構(gòu)調(diào)整，取得了令人矚目的成效。
A. positive fiscal policy
B. active financial policy
C. active monetary policy
D. proactive fiscal policy
[參考答案]D
59. 交易性證券的持有期一般不超過(guò)3個(gè)月，人們購(gòu)買(mǎi)這類(lèi)證券的目的不外乎利用其短期價(jià)格波動(dòng)獲利。
A. traded securities
B. trading securities
C. transacting security
D. investment security
[參考答案]B
60. 本公司是一家大型國(guó)有控股公司，總部設(shè)在上海，業(yè)務(wù)遍及36國(guó)家和地區(qū)。
A. state-holding company
B. state-owned company
C. state-run company
D. state-controlled company
[參考答案]A
