______ has/have no regular redemption date and can only be redeemed in limited circumstances.A.ETFB.LOFC.Securities investment fundsD.Colsed-end funds

______ has/have no regular redemption date and can only be redeemed in limited circumstances.

A.ETF

B.LOF

C.Securities investment funds

D.Colsed-end funds


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The salvage value of an asset is:A . The value of the scrap metal if a new asset were taken to a scrap yard.B . The value that an asset has on the books after one year of depreciation.C . The costs that have been sunk into the project to date.D . The expected cash value at the end of an assets useful life.E . A and D only.

An activity has an early start date-of the lOth and a late start date of the 19th. The activity also has a duration of 4 days. There are no nonworkdays. From the information given, ()what can be concluded about the activity?A.Total float for the activity is 9 days.B.The early finish date ofthe activity is the end ofthe day on the 14th.C.The late finish date is the 25th.D.The activity can be completed in 2 days ifthe resources devoted to it are doubled.

(b) Good Sports Limited has successfully followed a niche strategy to date.Assess the extent to which an appropriate e-business strategy could help support such a niche strategy.(8 marks)

6 Alasdair, aged 42, is single. He is considering investing in property, as he has heard that this represents a goodinvestment. In order to raise the funds to buy the property, he wants to extract cash from his personal company, BeezerLimited, whose year end is 31 December.Beezer Limited was formed on 1 May 1998 with £1,000 of capital issued as 1,000 £1 ordinary shares, and tradeduntil 1 January 2005 when Alasdair sold the trade and related assets. The company’s only asset is cash of£120,000. Alasdair wants to extract this cash from the company with the minimum amount of tax payable. He isconsidering either, paying himself a dividend of £120,000, on 31 March 2006, after which the company would haveno assets and be wound up or, leaving the cash in the company and then liquidating the company. Costs of liquidationof £5,000 would then be incurred.Since Beezer Limited ceased trading, Alasdair has been taken on as a partner at a marketing firm, Gallus Co. Heestimates his profit share for the year of assessment 2005/06 will be £30,000. He has not made any capital disposalsin the current tax year.Alasdair wishes to reinvest the cash extracted from Beezer Limited in property but is not sure whether he should investdirectly in residential or commercial property, or do so via some form. of collective investment. He is aware that Gallus Co are looking to rent a new warehouse which could be bought for £200,000. Alasdair thinks that he may be ableto buy the warehouse himself and lease it to his firm, but only if he can borrow the additional money to buy theproperty.Alasdair has a 25% shareholding in another company, Glaikit Limited, whose year end is 31 March. The remainingshares in this company are held by his friend, Gill. Alasdair is considering borrowing £15,000 from Glaikit Limitedon 1 January 2006. He does not intend to pay any interest on the loan, which is likely to be written off some timein 2007. Alasdair does not have any connection with Glaikit Limited other than his shareholding.Required:(a) Advise Alasdair whether or not a dividend payment will result in a higher after-tax cash sum than theliquidation of Beezer Limited. Assume that either the dividend would be paid on 31 March 2006 or theliquidation would take place on 31 March 2006. (9 marks)Assume that Beezer Limited has always paid corporation tax at or above the small companies rate of 19%and that the tax rates and allowances for 2004/05 apply throughout this part.

Although a given waveform. may contain frequencies over a very broad range,as a practical matter any transmission system will be able to accommodate only a limited band of (71) .This,in turn,limits the data rate that can be carried on the transmission (72) .Asquare wave has an infinite number of frequency components and hence an infinite (73) .However, the peak amplitude of the kth frequency component,kf,is only 1/k,so most of the (74) in this wavefonn is in the first few fiequency components.In general,any digitalwaveform. will have (75) bandwidth.If we attempt to transmit this waveform. as a signalover any medium,the transmission system will limit the bandwidth that can be transmitte(71)A.frequenciesB.connectionsC.diagramsD.resources

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听力原文:From an early date bankers have made a charge for the services which they provide for their customers.(9)A.From an early date the banker have charged a commission for their services.B.From an early date the banker has an obligation to serve the customers.C.From an early date the customers have charged a commission.D.From an early date the customer has an obligation to serve the banker.

Apart from borrowing from hanks, a firm or an individual can obtain funds in a financial market in two ways. The most common method is to issue a (61) , such as a bond or a mortgage, which is a (62) by the borrower to pay the holder of it at (63) until a specified date, when a final payment is made. The (64) of it is the time of expiration date. The second method of raising funds is by issuing (65) , such as common stock, which are claims to share in the net income and the assets of a business.(46)A.debt instrumentB.letter of creditC.letter of guaranteeD.certificate of deposit

听力原文:The owners of limited companies are people who have bought shares in the company.(6)A.The shareholders are the owners of limited companies.B.Shareholders deposit their money in the limited companies.C.The shareholders can sell shares of limited companies to the public.D.Shareholders of limited companies are able to make profits continuously.

听力原文:M: It is reported that in some countries banks are not allowed to make investments in equity securities.W: Generally commercial banks may invest only in those securities that are rated as "investment grade", or have bond ratings in the top four categories.Q: Where are banks only allowed to make investments?(15)A.In equity securities.B.In personal funds.C.In securities rated as investment grade.D.In property markets.

下列哪项不是机构投资者?( )A.投资基金(Investment Funds);B.养老基金(Pesion Funds) ;C.捐赠基金(Endowment Funds) ;D.保险公司;E.个人

根据以下内容,回答233-236题。The Hidden Price TagFor many small or recently established businesses, finding sources of capital can be difficult.Companies are often in need of funds before they can build a stable customer base, so they are forced to turn to investors. Many such businesses soon discover, however, that this borrowed money can come at a high price. If entrepreneurs are not careful about which investors they do business with, their companies can suffer the consequences.The most common problem, according to financial experts, are investment deals that allow the investor to take control of key operations away from the company's management. Struggling firms and new businesses facing mounting start-up costs can be easily tempted to take the offer that provides them with the most money, regardless of the deal's conditions.Unfortunately, the biggest investment usually comes with the most strings attached. For example, some deals give the venture capital finn seats on the board of the company it invests in.From this position, the investor has the ability to control all aspects of a company's operations,including decisions concerning mergers or sales. This situation may remain tolerable as long as the investor and the management share the same goals. Yet, the investor will inevitably choose to protect its own interests over those of the company, creating a conflict that the company is then helpless to prevent.The best advice analysts have for businesses seeking investment capital is to thoroughly analyze any deal before agreeing to it. Sometimes, the control that must be given up is worth much more than the money being offered.Who would be most interested in this article?A.An analyst working for an investment finnB.A member on the board of a successful companyC.A representative of a large venture capital groupD.An entrepreneur in need of funds for a new business

共用题干第二篇Human and the EarthIn terms of the evolution of life on Earth,human beings have just arrived.Despite their shori time on Earth,however,people have brought about enormous changes to the surface of the planet一changes far out of proportion to the interval of time they have occupied it.People have more control over their surroundings than any other species on Earth.With the combination of intelligence and manual skill(allowing us to make and use tools),people have found ways to use plant and animal resources,mineral ores,fuels,and many other materials and resources from the Earth.As the number of people on Earth increases,it becomes increasingly difficult for the population to survive on the resources of the land.The amount of land is limited.Although agricultural production can be increased by use of machinery such as tractors and the addition of fertilizer,the land ultimately can produce only so much food and no more.As the human population grows,people consume more.Clearly,some locations on Earth already have too many people;in many of these areas,future increases will surely bring about more poverty and suffering. Yet people in rich nations use proportionally far more of the available resources than people in poorer nations.As they consume these resources without restraint,they also waste large amounts of them.People are only a very small fraction of all the living things on the planet.Yet their numbers create a drain on resources that can't be renewed.For example,the amount of water on Earth is limited,this water is cleaned through natural processes.However,the natural processes for filtering water can clean only a certain amount of water by removing the pollution.Likewise,a limited amount of petroleum can be found under the Earth's surface.Petroleum is a valuable resource.Should people use it up to manufacture petrol for automobiles?As people work to control the planet and make life comfortable,are they using up resources that are needed for their survival?What makes people feel hard to live on Earth?A:Fertilizer. B:Lse of machinery.C:Limited land. D:Limited mineral resources.

All that can be done.A.have been doneB.have doneC.has been doneD.has done

A computer can only do()you have instructed it to do.AhowBafterCwhatDwhen

下列哪项不是机构投资者()A、投资基金(Investment Funds)B、养老基金(Pesion Funds)C、捐赠基金(Endowment Funds)D、保险公司E、个人

What two statements are true regarding the recommendations received from the SQL Access Advisor?()(Choose two.)A、It cannot generate recommendations that support multiple workload queries.B、It can recommend partitioning on tables provided that the workloads have some predicates and joins on the columns of the NUMBER or DATE type.C、It can recommend partitioning only on tables that have at least 10,000 rows.D、It can recommend only B-tree indexes and not bitmap or function-based indexes

You are designing the physical database layout on your host machine. What is the relationship between tablespaces and datafiles in the Oracle database?()A、One tablespace has only one datafileB、Many tablespaces can share one datafileC、One tablespace can have many datafilesD、One datafile can contain many tablespaces

What two statements are true regarding the recommendations received from the SQL Access Advisor?()A、 It cannot generate recommendations that support multiple workload queries.B、 It can recommend partitioning on tables provided that the workloads have some predicates and joins on the columns of the NUMBER or DATE type.C、 It can recommend partitioning only on tables that have at least 10,000 rows.D、 It can recommend only B-tree indexes and not bitmap or function-based indexes.

单选题Company.com performs a cluster verification on a regular basis. Cluster verification is successfulbut the cluster sometimes fails to start the applications during a fallover. Investigation of the issue has revealed that the non-shared component of the application configuration information is not being kept up to date on the secondary nodes.  What can be used to help resolve this issue?()A A pre-eventB Error notificationC Application monitoringD Custom verification methods

多选题What two statements are true regarding the recommendations received from the SQL Access Advisor?()(Choose two.)AIt cannot generate recommendations that support multiple workload queries.BIt can recommend partitioning on tables provided that the workloads have some predicates and joins on the columns of the NUMBER or DATE type.CIt can recommend partitioning only on tables that have at least 10,000 rows.DIt can recommend only B-tree indexes and not bitmap or function-based indexes

单选题下列哪项不是机构投资者()A投资基金(Investment Funds)B养老基金(Pesion Funds)C捐赠基金(Endowment Funds)D保险公司E个人

单选题The following contribute to the expected 4% “real terms” deficit EXPECT the fact that ______.Aindustry has provided less cost fundingBstaffing costs has risen too fastCglobal economy crisis has occurredDsome countries have overtaken the UK in terms of investment in higher education

单选题—How are their talks going on? Have they reached any agreement? —They only seemed to have agreed to set another date for _____ talks.AdeeperBslowerCfurtherDhigher

单选题An activity has an early start date-of the lOth and a late start date of the 19th. The activity also has a duration of 4 days. There are no nonworkdays. From the information given, ()what can be concluded about the activity?ATotal float for the activity is 9 days.BThe early finish date ofthe activity is the end ofthe day on the 14th.CThe late finish date is the 25th.DThe activity can be completed in 2 days ifthe resources devoted to it are doubled.

单选题If verhofen’s arguments and statements are all correct, which of the following statements can accurately be inferred?ABiotechnology executives who aggressively raise investment capital for bioengineered products with no conceivable market should be held responsible if biotechnology stocks crash.BInvestors should make financial decisions only with the advice of qualified financial advisors, such as investment bankers or fund managers.CIf people lose money on investments that they inadequately researched, they have only themselves to blame.DIf insurance companies provide home insurance for homes built in a hurricane zone and those homes are subsequently all destroyed by a major hurricane, the insurance company should be blamed for any investment losses suffered by its shareholders.EThe collapse of Internet stocks would not have occurred if companies had not attempted to sell bulky items, like dog food, over the Internet.