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单句理解听力原文：Interest rate risk refers to the exposure of a bank's financial condition to adverse movements in interest rates.(1)A．Bank's financial condition is the cause of interest rate risk.B．Bank's financial condition has impact on interest rate risk.C．In

题目

单句理解

听力原文：Interest rate risk refers to the exposure of a bank's financial condition to adverse movements in interest rates.

(1)

A．Bank's financial condition is the cause of interest rate risk.

B．Bank's financial condition has impact on interest rate risk.

C．Interest rate risk occurs when interest rate moves against the bank's financial condition.

D．Interest rate risk occurs when interest rate favours the bank's financial condition.

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相似问题和答案

第1题：

单句理解

听力原文：The interest rates on these small deposits are usually floating rates, and they are usually 2%- 5% below the bank's current base rates.

(1)

A．Bank's current base rates are higher than those on small deposits.

B．Bank's current base rates are lower than those on small deposits.

C．Bank's current base rates are not floating rates.

D．Bank's current base rates are usually floating rates.


正确答案：A
解析：根据录音原文可知，The interest rates on these small deposits为浮动汇率，而不是the bank's current base rates，而且要比银行当前的基准汇率低。

第2题：

单句理解

听力原文：For one full year when the full principal plus interest is paid together, compound interest and simple interest yield the same dollar amount.

(1)

A．If the time period of the loan is one year, the simple interest and compound interest are the same.

B．If the time period of the loan is the same, the simple interest and compound interest are the same.

C．When the full principal plus interest is paid together, compound interest and simple interest are of the same dollar amount.

D．When the full principal plus interest is paid together, compound interest and simple interest are not of the same dollar amount.


正确答案：A
解析：单句意思为“当本金和利息整整一年才一起支付时，复利计息和单利计息的数额一样”。

第3题：

(b) Ambush loaned $200,000 to Bromwich on 1 December 2003. The effective and stated interest rate for this

loan was 8 per cent. Interest is payable by Bromwich at the end of each year and the loan is repayable on

30 November 2007. At 30 November 2005, the directors of Ambush have heard that Bromwich is in financial

difficulties and is undergoing a financial reorganisation. The directors feel that it is likely that they will only

receive $100,000 on 30 November 2007 and no future interest payment. Interest for the year ended

30 November 2005 had been received. The financial year end of Ambush is 30 November 2005.

Required:

(i) Outline the requirements of IAS 39 as regards the impairment of financial assets. (6 marks)


正确答案：
(b) (i) IAS 39 requires an entity to assess at each balance sheet date whether there is any objective evidence that financial
assets are impaired and whether the impairment impacts on future cash flows. Objective evidence that financial assets
are impaired includes the significant financial difficulty of the issuer or obligor and whether it becomes probable that the
borrower will enter bankruptcy or other financial reorganisation.
For investments in equity instruments that are classified as available for sale, a significant and prolonged decline in the
fair value below its cost is also objective evidence of impairment.
If any objective evidence of impairment exists, the entity recognises any associated impairment loss in profit or loss.
Only losses that have been incurred from past events can be reported as impairment losses. Therefore, losses expected
from future events, no matter how likely, are not recognised. A loss is incurred only if both of the following two
conditions are met:
(i) there is objective evidence of impairment as a result of one or more events that occurred after the initial recognition
of the asset (a ‘loss event’), and
(ii) the loss event has an impact on the estimated future cash flows of the financial asset or group of financial assets
that can be reliably estimated
The impairment requirements apply to all types of financial assets. The only category of financial asset that is not subject
to testing for impairment is a financial asset held at fair value through profit or loss, since any decline in value for such
assets are recognised immediately in profit or loss.
For loans and receivables and held-to-maturity investments, impaired assets are measured at the present value of the
estimated future cash flows discounted using the original effective interest rate of the financial assets. Any difference
between the carrying amount and the new value of the impaired asset is an impairment loss.
For investments in unquoted equity instruments that cannot be reliably measured at fair value, impaired assets are
measured at the present value of the estimated future cash flows discounted using the current market rate of return for
a similar financial asset. Any difference between the previous carrying amount and the new measurement of theimpaired asset is recognised as an impairment loss in profit or loss.

第4题：

听力原文：M: What margins will the lending bank charge?

W: Margins mainly depend on these factors: evaluation of credit risk, maturity of credit, and the starting point from which onwards the rate of interest shall be firm.

Q: How many factors do margins charged by the lending bank mainly depend on?

(12)

A．Four.

B．Two.

C．Three.

D．Five.


正确答案：C
解析：录音原文提到Margins mainly depend on…the rate of interest shah be firm．所以C选项正确。

第5题：

单句理解

听力原文：More common for lending transactions today is compound interest.

(1)

A．Lending covenants now are often made at compound interest.

B．Lending transactions now are often made at compound interest.

C．Lending decisions now are often made at compound interest.

D．Lending proposals now are often made at compound interest.


正确答案：B
解析：录音指“现今复利对于贷款交易更加常见”。lending transactions贷款交易。lending covenants贷款保证契约。lending decisions贷款决策。lending proposals贷款申请。

第6题：

听力原文：M: The depositors can earn interest on demand deposits, is that right?

W: Yes, but the rate of interest on demand deposits is generally well below the bank's base rate.

Q: What does the woman imply?

(15)

A．The bank's base rate is fixed.

B．The rate on demand deposits is low.

C．The rate on demand deposits is high.

D．The bank's base rate is floating.


正确答案：B
解析：对话中女士提到“活期存款利率远低于银行基本利率”，也就是说活期存款利率很低。

第7题：

听力原文：M: What about the interest rate?

W: Well, the discount rate is given in accordance with the terms of the bill, time of discount, the amount, the reputation of the drawee and the drawer.

Q: What are they talking about?

(14)

A．The interest rate of savings account.

B．The discounting rate for drafts.

C．The rediscounting rate.

D．The interest rate for loans.


正确答案：B
解析：根据女士的回答，贴现率是根据单据的款项、贴现的时间和数额及出票人和收票人的信誉来定的，由此可知他们谈论的是汇票的贴现率。

第8题：

(d) Sirus raised a loan with a bank of $2 million on 1 May 2007. The market interest rate of 8% per annum is to

be paid annually in arrears and the principal is to be repaid in 10 years time. The terms of the loan allow Sirus

to redeem the loan after seven years by paying the full amount of the interest to be charged over the ten year

period, plus a penalty of $200,000 and the principal of $2 million. The effective interest rate of the repayment

option is 9·1%. The directors of Sirus are currently restructuring the funding of the company and are in initial

discussions with the bank about the possibility of repaying the loan within the next financial year. Sirus is

uncertain about the accounting treatment for the current loan agreement and whether the loan can be shown as

a current liability because of the discussions with the bank. (6 marks)

Appropriateness of the format and presentation of the report and quality of discussion (2 marks)

Required:

Draft a report to the directors of Sirus which discusses the principles and nature of the accounting treatment of

the above elements under International Financial Reporting Standards in the financial statements for the year

ended 30 April 2008.


正确答案：
(d) Repayment of the loan
If at the beginning of the loan agreement, it was expected that the repayment option would not be exercised, then the effective
interest rate would be 8% and at 30 April 2008, the loan would be stated at $2 million in the statement of financial position
with interest of $160,000 having been paid and accounted for. If, however, at 1 May 2007, the option was expected to be
exercised, then the effective interest rate would be 9·1% and at 30 April 2008, the cash interest paid would have been
$160,000 and the interest charged to the income statement would have been (9·1% x $2 million) $182,000, giving a
statement of financial position figure of $2,022,000 for the amount of the financial liability. However, IAS39 requires the
carrying amount of the financial instrument to be adjusted to reflect actual and revised estimated cash flows. Thus, even if
the option was not expected to be exercised at the outset but at a later date exercise became likely, then the carrying amount
would be revised so that it represented the expected future cash flows using the effective interest rate. As regards the
discussions with the bank over repayment in the next financial year, if the loan was shown as current, then the requirements
of IAS1 ‘Presentation of Financial Statements’ would not be met. Sirus has an unconditional right to defer settlement for longer
than twelve months and the liability is not due to be legally settled in 12 months. Sirus’s discussions should not be considered
when determining the loan’s classification.
It is hoped that the above report clarifies matters.

第9题：

听力原文：The rate of interest on savings accounts is usually a little lower than that on deposit accounts.

(5)

A．There is a higher rate of interest on deposit account.

B．There is a higher rate of interest on savings account.

C．The rate of interest on deposit accounts is always much higher than that on savings accounts.

D．The rate of interest on deposit accounts is usually much lower than that on savings accounts.


正确答案：A
解析：单句意思为“储蓄账户利率通常比定期存款利率低”。

第10题：

单句理解

听力原文：These time deposits earn higher interest rates, which may be fixed or floating, but no withdrawals are allowed until the term has ended.

(1)

A．Sometimes the interest rates on time deposits are not fixed.

B．People can draw these deposits at any time.

C．The interest rates on time deposits are fixed.

D．The interest rates on time deposits are floating.


正确答案：A
解析：单句意思为“定期存款会获得一个固定的或浮动的更高利率，但如果不到期则不允许取款”。只有A项意思正确。

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