After each payment of an amortized loan, the outstanding balance is reduced by the amount
A、greater; greater (更多;更多)
B、lower; greater (更少;更多)
C、lower; lower (更少;更少)
D、greater; lower (更多;更少)
A、greater; greater (更多;更多)
B、lower; greater (更少;更多)
C、lower; lower (更少;更少)
D、greater; lower (更多;更少)
A、agreed supply transmission
B、customized payment distribution
C、paid logistics delivery
D、ordered shipping dispatch
Task 1
Directions: After reading the following passage, you will find 5 questions or unfinished statements, numbered 36 through 40. For each question or statement there are 4 choices marked A, B, C, and D. You should make the correct choice.
If you have an AT&-T BusinessDirect account, you can have your telephone bill paid automatically each month. You can make payments online with a bank account or use one of the following credit cards (信用卡): Visa , Master Card, Discover Network or American Express. When you make an online payment, please follow the instructions given below.
Instructions
1. To make your payment online, click (点击) the "Pay Now" link under the "Account Overview (概览) summary.
2. If your business has more than one registered account, first select the account you need from the "Account Number" menu, and then click the "Pay Now" link.
3. If you have never made an online payment before, you will be asked whether you want to make a payment by using a bank account or credit card. Select either "Bank Account" or "Credit Card" from the "Select Payment Method" menu.
The online payment system is available Monday through Saturday, from 7:00 AM to 12:00 AM (Midnight) Eastern Time.
An AT&T BusinessDi red account helps you______.
A.earn an interest from a bank account
B.make the first month's payment only
C.pay your telephone bill automatically
D.enjoy all the available banking services
Write a letter about 100-120 words advising your customer to settle his accounts as soon as possible.
&8226;Read the article below about profit.
&8226;Choose the best sentence to fill each of the gaps.
&8226;For each blank 8 12 mark one letter (A—G) on your Answer Sheet.
&8226;Do not use any letter more than once.
&8226;There is an example at the beginning.
Profit
Entrepreneurship is directly responsible for production The business person (entrepreneur) takes a cue from consumers in deciding what they want—or, in the case of a new product (8) Profit means different things to different people. According to some public opinion polls, many people are not sure what it is, but they are sure (9) Workers may look at profit as an unfairly large payment to the entrepreneur that deprives them of a higher wage. The business person thinks of profit (10) During negotiations before the settlement of the second baseball strike in August, 1985, the Players' Association claimed the owners had made profits of $ 91 million, an accounting firm said owner profits were $ 43 mil- lion, and the owners insisted they had lost $ 9 million. The truth was that all three were correct. The disparity in the figures was due to the fact that each group was defining profit differently. Let us now see if we can develop a more exact definition of what profit is.
Gross profit is the difference between what a business firm sells its product for end what it costs to produce that product. The merchant buys $200,000 worth of merchandise during the year and sells it for $270,000. His gross profit is $ 70,000. The percentage difference between his cost and the selling price is 35 percent, and he calls this markup. Net profit is (11) —rent, wages, and interest—and setting aside money to allow for the loss due to depreciation (wearing out) of capital. Our merchant has to subtract from his gross profit his payments for rent ($ 6,0O0), wages ($ 20,000), interest on money borrowed ($1,000), repairs and upkeep ($1,000), taxes ($1,000), electricity and other expenses $1,000. Expenses for operating the business come to $ 30,000. Gross profit is $ 70, 000, and net profit is $40,000.
Economists have a narrower definition of what constitutes profit. They are concerned with payment for all the resources that have gone into production (12) , like those listed above, or from inside the business.
A what profit really means
B it is too large and represents too much of the consumer's dollar
C as the difference between total revenue and total cost
D what the business person has left after paying expenses
E what they might want
F production
G whether they come from outside the business
(8)
● Read the following passage.
● Are the sentences 16-22 "Right" or "Wrong"? If there isn't enough information to answer "Right" or "Wrong", choose "Doesn't say".
● For each sentence 16-22, mark one letter (A, B or C) on your Answer Sheet.
PRESS OFFICER £22,000 PER YEAR
A leading oil company needs a Press Officer for its busy offices. You should be:
◆ good at making phone calls
◆ excellent at writing reports
◆ able to go on business trips at least three times a month
◆ willing to work late several times a week
◆ experienced at working with computers
Benefits include:6 weeks' annual holiday and bonus payment after 12 months.
You do not need good writing skills for this job.
A.Right
B.Wrong
C.Doesn't say
A—Budget for May
B—Fixed Expenses
C—Rent $210.00
D—Electricity $22.00
E—loan payment $150.00
F—insurance $75.00
G—Total fixed expenses $482.00
H—Variable Expenses
I—Gasoline $85.00
J—Food $120.00
K—Telephone $11.50
L—Clothing $60.00
M—Summer swimming pool membership $50.00
N—Entertainment $120.00
O—Total variable expenses $446.50
P—Income after taxes $1,007.25
Q—Savings $78.75
51. ()还贷 ()保险
52. ()税后收入 ()节余
53. ()固定花销 ()弹性花销
54. ()房租 ()娱乐
55. ()服装 ()汽油费
Cherry Blossom Co (Cherry) manufactures custom made furniture and its year end is 30 April. The company purchases its raw materials from a wide range of suppliers. Below is a description of Cherry’s purchasing system.
When production supervisors require raw materials, they complete a requisition form. and this is submitted to the purchase ordering department. Requisition forms do not require authorisation and no reference is made to the current inventory levels of the materials being requested. Staff in the purchase ordering department use the requisitions to raise sequentially numbered purchase orders based on the approved suppliers list, which was last updated 24 months ago. The purchasing director authorises the orders prior to these being sent to the suppliers.
When the goods are received, the warehouse department verifies the quantity to the suppliers despatch note and checks that the quality of the goods received are satisfactory. They complete a sequentially numbered goods received note (GRN) and send a copy of the GRN to the finance department.
Purchase invoices are sent directly to the purchase ledger clerk, who stores them in a manual file until the end of each week. He then inputs them into the purchase ledger using batch controls and gives each invoice a unique number based on the supplier code. The invoices are reviewed and authorised for payment by the finance director, but the actual payment is only made 60 days after the invoice is input into the system.
Required:
In respect of the purchasing system of Cherry Blossom Co:
(i) Identify and explain FIVE deficiencies; and
(ii) Recommend a control to address each of these deficiencies.
Note: The total marks will be split equally between each part.
?Which article (A, B, C, D or E) does each statement 1—8 refer to?
?For each statement 1—8, mark one letter (A, B, C,D or E) on your Answer Sheet.
?You will need to use some of these letters more than once.
A
According to the statistics of the Organization of Trade and Development of the United Nations, there are several swindling acts each month and swindling causes a loss of up to billions of US dollars annually. In 1959,the swindle of Coffee in Costa Rica paralyzed the country's economy for a certain period of time. At the urgent request of the international business community, the Organization of Trade and Development of the United Nations held two special meetings in 1984 and 1985 in Geneva to deal with the problem, but no agreement were reached.
B
Generally speaking, there is little opportunity for the swindlers to take advantage in the trading of complete sets of equipment or transfer of technology, while commodity transactions are most vulnerable to swindling. As long as such commodities as steel, cement, fertilizer and chemicals are identical in specification, model, pattern, or chemical composition, as long as the price is favorable and delivery is prompt, the buyer seldom sends any mission abroad to inspect the goods. Swindlers often take advantage of these factors and resell the goods to make profits.
C
Swindlers can also, by taking advantage of natural calamities such as storm and submerged reefs, forge and reported sea accidents. Then, they remove and resell the goods for huge profits. Since the cargo is not received, the buyer claims against insurance company. Therefore, the final victimized is the insurance company. Generally speaking, the carrier, captain and seaman collaborate with one another to commit this kind of economic crime. Afterwards, they sell the ship and the goods and abscond. If goods are carried on the ship, the insurance is one of the victims in this case.
D
The criminals sometimes swindle money from the buyer by forging commercial documents. Upon presentation of the bill of lading, the buyer cannot get the goods after he has paid according to the contract. The seller can sometimes lose money in a contract that stipulates payment after the arrival of goods or by bank collection. In most cases, the criminals first win the seller's trust by doing some successful trade transactions with him. Then he manages to acquire a large deal by signing a contract that stipulates payment after the arrival of the goods or by bank collection. As soon as he receives the goods, the buyer sells the goods and absconds with the money.
E
In order to prevent international swindling, we suggest the following measures. Firstly, we should promote education and maintain sharp vigilance in international trade transactions. Secondly, we should carefully investigate the credit status before the conclusion of a contract. Thirdly, we should draft every clause of the contract properly since the contract is the only legal document for the execution of transaction and the settlement of the dispute. Lastly, we should supervise the loading of the goods and keep a close watch on the movements of the carrying vessel.
The seller can also lose money in receiving payment by bank collection.
Section A
Directions: In this section, you will hear 8 short conversations and 2 long conversations. At the end of each conversation, one or more questions will be asked about what was said. Both the conversation and the questions will be spoken only once. After each question there will be a pause. During the pause, you must read the four choices marked A, B, C and D, and decide which is the best answer.
听力原文:M: I can come to your house and pick you up in half an hour. Is that all right?
W: Good. That means you'll be here at seven-thirty.
Q: What time is it now?
(12)
A.Seven-thirty.
B.Eight o'clock.
C.Seven o'clock.
D.Six-thirty.
Section A
Directions: This section is to test your ability to understand short dialogues. There are 5 recorded dialogues in it. After each dialogue, there is a recorded question. The dialogues and the questions will be spoken only once. When you hear a question, you should decide on the correct answer from the 4 choices A , B, C, and D.
听力原文:M: I think the film starts at eight.
W: Good, we have an hour to get them.
Q: What time is it now?
(1)
A.Seven o' clock.
B.Eight o'clock.
C.Nine o' clock.
D.Seven thirty.
为了保护您的账号安全,请在“简答题”公众号进行验证,点击“官网服务”-“账号验证”后输入验证码“”完成验证,验证成功后方可继续查看答案!