1、（判断题） To an economist, wealth is anything that is generally accepted in payment for goods and services or in the repayment of debt.

2、（判断题） Some financial services offered used to be services financial institutions provided for themselves.

3、（判断题） Without capital markets savers who desired not to spend their entire current income would have no investment to outlet for their savings.

4、（判断题） Fiat money is not backed by the commodity reserves but it is money because the government say it is.

5、（判断题） The derivatives market is the largest single segment of the financial market.

6、（判断题） A discount bond is bought at a price below its face value, and the face value is repaid at the maturity date.

7、（判断题） Most often the clients of financial advising are corporate, but they can also be governmental or non-profit organizations.

8、（判断题） The currency of a surplus country is usually quoted at a higher exchange value on the forex market.

9、（判断题） A securities dealer acts as an agent rather than a principal.

10、（判断题） In personal residential mortgage loans, the ownership of the property remains with the mortgagee and the possession of property usually is taken by the mortgagor unless and until the occurrence of default or full repayment.

11、（判断题） Loans are provided exclusively by commercial banks.

12、（判断题） The risk transformation is a transformation of a depositor’s demand for repayment securities into risk for the bank that the lender will not repay the loan.

13、（判断题） With indirect finance, borrowers obtain funds from lenders by selling them securities in the financial markets.

14、（判断题） The concept of present value is based on the common-sense notion that a dollar paid to you in the future is less valuable to you than a dollar today.

15、（判断题） The main function of insurance is to provide individuals or businesses with protection against financial aspects of risk.

16、（判断题） Financial markets provide us with the ability to transfer income through location.

17、（判断题） An important characteristic of the modern payments system has been the rapidly increasing use of electronic fund transfers.

18、（判断题） Money is a flow of earnings per unit of time.

19、（判断题） If the price level doubles, the value of money doubles.

20、（判断题） The central bank which is generally regarded as the most independent in the world because its charter cannot be changed by legislation is the Bank of England.

21、（判断题） Close-end mutual funds are “closed” because they are not allowed to trade through brokers.

22、（判断题） A demand bill is a bill which may be payable within a fixed period after the date of the bill or after an event which is certain to happen.

23、（判断题） Derivatives are an alternative to investing directly in assets without buying and holding the assets itself.

24、（判断题） The price of a coupon bond and the yield to maturity are inversely related.

25、（判断题） The deposit accounts vary in terms of liquidity and interest rates offered.

26、（判断题） Dealers work in the secondary markets matching buyers with sellers of securities.

27、（判断题） Increased uncertainty resulting from the global financial crisis decreased the required return on investment in equity.

28、（判断题） Under a facultative, the direct writing company needs to submit each case to the reinsurer for scrutiny.

29、（判断题） A coupon bond that has no maturity date and no repayment of principal is called a Treasury note.

30、（判断题） A disadvantage of fiat money made from precious metals is that it is very heavy and hard to transport from one place to another.

31、（判断题） A stock's price will fall if there is an increase in the future sales price.

32、（判断题） Documentary collection is collection on financial instruments without being accompanied by commercial documents, such as invoice, bill of leading, insurance policy.

33、（判断题） All else equal, when interest rates rise, the duration of a coupon bond increases.

34、（判断题） If an individual moves money from a demand deposit account to a money market deposit account M1 decreases and M2 stays the same.

35、（判断题） Money market differs from other parts of the financial system in its emphasis on loans to meet purely short-term cash needs.

36、（判断题） Working capital loan has a low liquidity, which is applicable to the industrial and commercial customers with the long-term needs.

37、（判断题） A discount bond is also called a corporate bond because the owner does not receive periodic payments.

38、（判断题） Technology increases accuracy, efficiency and convenience in accounting.

39、（判断题） All securities that are not sold on one of the organized exchanges are traded in the over-the-counter market.

40、（判断题） For simple loans, the simple interest rate is equal to the yield to maturity.

41、（判断题） A credit market instrument that requires the borrower to make the same payment every period until the maturity date is known as a simple loan.

42、（判断题） Economists consider the yield to maturity to be the most accurate measure of interest rates.

43、（判断题） Some governmental organizations are designed to encourage specific economic activities and promote financial stability.

44、（判断题） The primary markets are where “new” securities are traded, and the secondary markets are where “used” securities are trade.

45、（判断题） Negotiable certificates of deposit are short-term loans in which Treasury bills serve as collateral.

46、（判断题） Bonds that are sold in a foreign country and are denominated in the country's currency in which they are sold are known as Eurobonds.

47、（判断题） The consistency method means that an organization uses the same accounting methods period after period. That is to say, the consistency principle requires and organization to use one method exclusively.

48、（判断题） The riskiness of an asset's returns due to changes in interest rates is price risk.

49、（判断题） Kevin purchasing concert tickets with his debit card is an example of the medium of exchange function of money.

50、（判断题） If Microsoft sells a bond in London and it is denominated in dollars, the bond is a British bond.