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The term cash includes currency, coin, checks, money orders, and government bonds and
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更多“The term cash includes currency, coin, checks, money orders, and government bonds and ”相关的问题
第1题
A.Cash with order
B.Cash on delivery
C. Cash against documents
D.Payment in advance
第2题
B、Funds (or cash) set aside to replace the asset being depreciated.
C、Earnings retained in the business that will be used to purchase another asset when the present asset is depreciated.
D、An expense of doing business.
第3题
The term investment portfolio (证卷投资组合) conjures up visions of the truly rich--the Rockefellers, the WalMart Waltons, Bill Gates. But today, everyone--from the Philadelphia firefighter, his part-time receptionist wife and their three children, to the single Los Angeles lawyer, starting out on his own--needs a portfolio.
A portfolio is simply a collection of financial assets, it may include real estate, rare stamps and coins, precious metals and even artworks. But those are for people with expertise. What most of us need to know about arc stocks, bonds and cash (including such cash equivalents as money market funds).
How do you decide what part of your portfolio should go to each of the big three？ Begin by urulerstanding that stocks pay higher returns but are more risky; bonds and cash pay lower returns but are less risky.
Reach by Ibbotson Associates, for example, shows that large company stocks, on average, have returned 11.2 percent annually since 1926. Over the same period, by comparison, bonds have returned an annual average of 5.3 percent and cash, 3.8 percent.
But short term risk is another matter. In 1974, a one-year ＄1000 investment in the stock market would have declined to ＄735.
With bonds, there are two kinds of risk: that the borrower won't pay you back and that the money you'll get won't be worth very much. The U.S. government stands behind treasury bonds, so the credit risk is almost nil. But the inflation risk remains. Say you buy a ＄1000 bond maturing in ten years. If inflation averages about seven percent over that time, then the＄1000 you receive at maturity can only buy ＄500 worth of today's goods.
With cash, the inflation risk is lower, since over a long period you can keep rolling over your CDs every year (or more often). If inflation rises, interest rates rise to compensate.
As a result, the single most important rule in building a portfolio is this: If you don't need the money for a long time, then put it into stocks. If you need it soon, put it into bonds and cash.
This passage is intended to give 'advice on______.
A．how to avoid inflation risks
B．what kinds of bonds to buy
C．how to get rich by investing in stock market
D．how to become richer by spreading the risk
第4题
听力原文： Where did the term Piggy Bank come from？ Today the simple piggy bank is seen everywhere as the symbol of saving and frugality, for putting away funds for a rainy day, or building a nest egg for life's sudden money needs, such as paying college expenses, buying a home, or financing retirement. But why a pig？ Dogs bury bones for a rainy day. Why not a dog shaped bank for coins？ Squirrels are well known hoarders too and we talk about squirreling away valuables. Why not a bank in the shape of a squirrel？ Well nevertheless, for 300 years, children's banks have been imitation pigs with slots in the back. Charles Bernardy, the author of Extraordinary Origins of Everyday Things, tells how the symbol came about by coincidence. According to Bernardy, during the middle ages, mined metal was scarce and expensive, therefore was rarely used in the manufacture of household utensils. The type of orange clay, known of pygg, spelt pygg, was more abundant and economical throughout western Europe. It was used in making dishes, cups, pots and jars. And so these earthenware items were referred to as pygg. Frugal people saved cash in kitchen pots and jars. Although a pygg jar was not originally shaped like a pig, the name persisted. However by the 18th century, pygg, p-y-g-g jar became pig, pig jar or pig bank. Potters had simply begun to cast the bank in the shape of its common name. In the United States, the popular piggy bank has always been a symbol of saving money.
(30)
A．History of money.
B．Anecdote of a pig.
C．Economics in western Europe.
D．The term Piggy Bank.
第7题
A、A debit to Petty Cash of $350.
B、A credit to Cash of $350.
C、A debit to various expenses of $150.
D、No journal entry; an entry is needed only when the petty cash fund is created or discontinued.
第9题
A.Purchase of equipment with cash
B.Payment of the liability with cash
C.Investment of cash in the business by the owner.
D.Sale of equipment for cash at cost
