2013年金融英语考试

英语（二）Section I Use of English Directions: Read the following text. Choose the best word(s) for each numbered blank and mark A, B, C or D on ANSWER SHEET 1. (10 points) Given the advantages of electronic money, you might think that we would move quickly to the the cashless cashless cashless society society society in in in which which which all all all payments payments payments are are are made made made electronically. electronically. 1 a a true true true cashless cashless society society is is is probably probably probably not not not around around around the the the corner. corner. Indeed, Indeed, predictions predictions predictions have have have been been 2 for for two two decades but have not yet come to fruition. For example, Business Week predicted in 1975 that electronic means of payment would soon "revolutionize the very 3 of money itself," only only to to 4 itself itself several several several years years years later. later. later. Why Why Why has has has the the the movement movement movement to to to a a a cashless cashless cashless society society society been been so 5 in coming? Although Although electronic electronic electronic means means means of of of payment payment payment may may may be be be more more more efficient efficient efficient than than than a a a payments payments payments system system based on paper, several factors work 6 the disappearance of the paper system. First, it is very 7 to set up the computer, card reader, and telecornmunications networks necessary to to make make make electronic electronic electronic money money money the the 8 form form of of of payment payment payment Second, Second, Second, paper paper paper checks checks checks have have have the the advantage advantage that that that they they 9 receipts, receipts, something something something thai thai thai many many many consumers consumers consumers are are are unwilling unwilling unwilling to to 10 . Third, Third, the the the use use use of of of paper paper paper checks checks checks gives gives gives consumers consumers consumers several several several days days days of of of "float" "float" "float" - - - it it it takes takes takes several several days 11 11 a check is cashed and funds are a check is cashed and funds are 12 from the issuer's account, which means that the the writer writer writer of of of the the the check check check can can can cam cam cam interest interest interest on on on the the the funds funds funds in in in the the the meantime. meantime. 13 electronic payments arc immediate, they eliminate the float for the consumer. Fourth, Fourth, electronic electronic electronic means means means of of of payment payment payment may may 14 security security and and and privacy privacy privacy concerns. concerns. concerns. W e W e often often hear media reports that an unauthorized hacker has been able to access a computer database and to alter information 15 there. The fact that this is not an 16 occurrence means that dishonest dishonest persons persons persons might might might be be be able able able to to to access access access bank bank bank accounts accounts accounts in in in electronic electronic electronic payments payments payments systems systems and 17 from someone else's accounts. The 18 of this type of fraud is no easy task, and a new field of computer science is developing to 19 security issues. A further concern is that the use of e lectronic means of payment leaves an electronic 20 that contains a large amount amount of of of personal personal personal data. data. data. There There There are are are concerns concerns concerns that that that government, government, government, employers, employers, employers, and and and marketers marketers might be able to access these data, thereby violating our privacy. 1. [A] However [B] Moreover [C] Therefore [D] Otherwise 2. [A] off [B] back [C] over [D] around 3. [A] power [B] concept [C] history [D] role 4. [A] reward [B] resist [C] resume [D] reverse 5. [A] silent [B] sudden [C] slow [D] steady 6. [A] for [B] against [C] with [D] on 7. [A] imaginative [B] expensive [C] sensitive [D] productive 8. [A] similar [B] original [C] temporary [D] dominant 9. [A] collect [B] provide [C] copy [D] print 10. [A] give up [B] take over [C] bring back [D] pass down 11. [A] before [B] after [C] since [D] when 12. [A] kept [B] borrowed [C] released [D] withdrawn 13. [A] Unless [B] Until [C] Because [D] Though 14. [A] hide [B] express [C] raise [D]ease 15. [A] analyzed [B] shared [C] stored [D] displayed 16. [A] unsafe [B] unnatural [C] uncommon [D] unclear 17. [A] steal [B] choose [C] benefit [D] return 18. [A] consideration [B] prevention [C] manipulation [D] justification 19. [A] cope with [B] fight against [C] adapt to [D] call for 20. [A] chunk [B] chip [C] path [D] trail Section II R eading Comprehension Reading Comprehension Part A Directions: Read the following four texts. Answer the questions below each text by choosing A, B, C or D. Mark your answers on ANSWER SHEET 1. (40 points) Text 1 In an essay entitled “Making It in America”, the author Adam Davidson relates a joke from cotton about just how much a modern textile mill has been automated: The average mill only two employees today,” a man and a dog . The man is there to feed the dog is there to keep the man away from the machines.” Davidson‟s article article is is is one one one of of of a a a number number number of of of pieces pieces pieces that that that have have have recently recently recently appeared appeared appeared making making making the the point that the reason we have such stubbornly high unemployment and declining middle-class incomes today is also because of the advances in both globalization and the information technology revolution, which are more rapidly than ever replacing labor with machines or foreign worker. In In the the the past, past, past, workers workers workers with with with average average average skills, skills, skills, doing doing doing an an an average average average job job ，could could earn earn earn an an an average average lifestyle ,But ,today ,average is officially over. Being average just won‟t earn you what it used to. It can‟t when so many more employers have so much more access to so much more above average cheap foreign labor, cheap robotics, cheap software, cheap automation and cheap genius. Therefore, everyone needs to find their extra-their unique value contribution that makes them stand out in whatever is their field of employment. es, Y es, new new new technology technology technology has has has been been been eating eating eating jobs jobs jobs forever, forever, forever, and and and always always always will. will. will. But But But there‟s there‟s been been an an acceleration. acceleration. As As As Davidson Davidson Davidson notes,” notes,” notes,” In In In the the the 10 10 10 years years years ending ending ending in in in 2009, 2009, 2009, [U.S.] [U.S.] [U.S.] factories factories factories shed shed workers so fast that they erased almost all the gains of the previous 70 years; roughly one out of every three manufacturing jobs-about 6 million in total -disappeared. There will always be changed-new jobs, new products, new services. But the one thing we know for sure is that with each advance in globalization and the I.T. revolution, the best jobs jobs will will will require require require workers workers workers to to to have have have more more more and and and better better better education education education to to to make make make themselves themselves themselves above above average. In a world where average is officially over, there are many things we need to do to support employment, but nothing would be more important than passing some kind of G .I.Bill for the 21st century that ensures that every American has access to poet-high school education. 21. The joke in Paragraph 1 is used to illustrate_______ [A] the impact of technological advances [B] the alleviation of job pressure [C] the shrinkage of textile mills [D] the decline of middle-class incomes 22. According to Paragraph 3, to be a successful employee, one has to______ [A] work on cheap software [B] ask for a moderate salary [C] adopt an average lifestyle [D] contribute something unique 23. The quotation in Paragraph 4 explains that ______ [A] gains of technology have been erased [B] job opportunities are disappearing at a high speed [C] factories are making much less money than before [D] new jobs and services have been offered 24. According to the author, to reduce unemployment, the most important is_____ [A] to accelerate the I.T. revolution [B] to ensure more education for people [C] ro advance economic globalization [D] to pass more bills in the 21st century 25. Which of the following would be the most appropriate title for the text? [A] New Law Takes Effect [B] Technology Goes Cheap [C] Average Is Over [D] Recession Is Bad Text 2 A A century century century ago, ago, ago, the the the immigrants immigrants immigrants from from from across across across the the the Atlantic Atlantic Atlantic inclued inclued inclued settlers settlers settlers and and and sojourners. sojourners. Along with the many folks looking to make a permanent home in the United States came those those who who who had had had no no no intention intention intention to to to stay, stay, stay, and and and 7millin 7millin 7millin people people people arrived arrived arrived while while while about about about 2 2 2 million million departed. About a quarter of all Italian immigrants, for exanmle, eventually returned to Italy for good. They even had an affectionate nickname, “uccelli di passaggio,” birds of passage. Today, we we are are are much much more more rigid rigid about about immigrants. immigrants. W e divide divide nemcomers nemcomers into into two two categories: legal or illegal, good or bad. We hail them as Americans in the making, or our broken immigrantion system and the long political par alysis over how to fix it. We don‟t need more categories, but we need to change the way we think about categories. We need to look beyond strick definitions of legal and illegal. To start, we can recognize the new birds of passage, those living and thriving in the gray areas. We might then begin to solve our immigration challenges. Crop pickers, violinists, construction workers, entrepreneurs, engineers, home health-care aides and physicists are among today‟s birds of passage. They are energetic participant s in a global economy driven by the flow of work, money and ideas .They prefer to come and go as as opportunity opportunity opportunity calls calls calls them them them , They , They can manage to have a job in one place and a family in another. With or without permission, they straddle laws, jurisdictions and identities with ease. We need them to imagine the United States as a place where they can be productive for a while without committing themselves to staying forever. We need them to feel that home can be both here and there and that they can belong to two nations honorably. Accommodating Accommodating this this this new new new world world world of of of people people people in in in motion motion motion will will will require require require new new new attitudes attitudes attitudes on on on both both sides sides of of of the the the immigration immigration immigration battle .Looking battle .Looking beyond beyond the the the culture culture culture war war war logic logic logic of of of right right right or or or wrong wrong means opening up the middle ground and understanding that managing immigration today requires requires multiple multiple multiple paths paths paths and and and multiple multiple multiple outcomes. outcomes. outcomes. Including Including Including some some some that that that are are are not not not easy easy easy to to accomplish legally in the existing system. 26 “Birds of passage” refers to those who____[A] immigrate across the Atlantic. [B] leave their home countries for good. [C] stay in a foregin temporaily. [D] find permanent jobs overseas. 27 It is implied in paragraph 2 that the current immigration stystem in the US____ [A] needs new immigrant categories. [B] has loosened control over immigrants. [C] should be adopted to meet challenges. [D] has been fixeed via political means. 28 According to the author, today‟s birds of passage want___[A] fiancial incentives. [B] a global recognition. [C] opportunities to get regular jobs. [D] the freedom to stay and leave. 29 The author suggests that the birds of passage today should be treated __ [A] as faithful partners. [B] with economic favors. [C] with regal tolerance. [D] as mighty rivals. 30 选出最适合文章的标题选出最适合文章的标题[A] come and go: big mistake. [B] living and thriving : great risk. [C] with or without : great risk. [D] legal or illegal: big mistake. Text 3 Scientists Scientists have have have found found found that that that although although although we we we are are are prone prone prone to to to snap snap snap overreactions, overreactions, overreactions, if if if we we we take take take a a moment and think about how we are likely to react, we can reduce or even eliminate the negative effects of our quick, hard-wired responses. Snap decisions can be important defense mechanisms; if we are judging whether someone is dangerous, our brains and bodies are hard-wired to react very quickly, within milliseconds. milliseconds. But But But we we we need need need more more more time time time to to to assess assess assess other other other factors. factors. factors. To To To accurately accurately accurately tell tell tell whether whether someone someone is is is sociable, sociable, sociable, studies studies studies show, show, show, we we we need need need at at at least least least a a a minute, minute, minute, preferably preferably preferably five. five. five. It It It takes takes takes a a while to judge complex aspects of personality, like neuroticism or open-mindedness. But snap decisions in reaction to rapid stimuli aren‟t exclusive to the interpersonal realm. Psychologists at the University of Toronto found that viewing a fast-food logo for just a few milliseconds primes us to read 20 percent faster, even though reading has little to do with eating. eating. W e W e unconsciously unconsciously unconsciously associate associate associate fast fast fast food food food with with with speed speed speed and and and impatience impatience impatience and and and carry carry carry those those impulses into whatever else we‟re doing, Subjects exposed to fast -food flashes also tend to think a musical piece lasts too long. Yet we can reverse such influences. If we know we will overreact to consumer products or housing options when we see a happy face (one reason good sales representatives and real estate agents are always smiling), we can take a moment before buying. If we know female job screeners are more likely to reject attractive female applicants, we can help screeners understand their biases-or hire outside screeners. John John Gottman, Gottman, Gottman, the the the marriage marriage marriage expert, expert, expert, explains explains explains that that that we we we quickly quickly quickly “thin “thin “thin slice” slice” slice” info info information rmation reliably only after we ground such snap reactions in “thick sliced” long -term study. When Dr. Gottman really wants to assess whether a couple will stay together, he invites them to his island retreat for a muck longer evaluation; two days, not two seconds. Our Our ability ability ability to to to mute mute mute our our our hard-wired hard-wired hard-wired reactions reactions reactions by by by pausing pausing pausing is is is what what what differentiates differentiates differentiates us us us from from animals: animals: doge doge doge can can can think think think about about about the the the future future future only only only intermittently intermittently intermittently or or or for for for a a a few few few minutes. minutes. minutes. But But historically historically we we we have have have spent spent spent about about about 12 12 12 percent percent percent of of of our our our days days days contemplating contemplating contemplating the the the longer longer longer term. term. Although technology might change the way we react, it hasn‟t changed our nature. We still have the imaginative capacity to rise above temptation and reverse the high-speed trend. 31. The time needed in making decisions may____. [A] vary according to the urgency of the situation [B] prove the complexity of our brain reaction [C] depend on the importance of the assessment [D] predetermine the accuracy of our judgment 32. Our reaction to a fast-food logo shows that snao decisions____. [A] can be associative [B] are not unconscious [C] can be dangerous [D] are not impulsive 33. Toreverse the negative influences of snap decisions,we should____. [A] trust our first impression [B] do as people usually do [C] think before we act [D] ask for expert advice 34. John Gottman says that reliable snap reaction are based on____. [A] critical assessment [B]……thin sliced ‟‟study[C] sensible explanation [D] adequate information 35. The author‟s attitude toward reversing the high -speed trend is____. [A] tolerant [B] uncertain [C] optimistic [D] doubtful Text 4 Europe is not a gender-equality heaven.In particular, the corporate workplace will never be completely completely family family family——friendly friendly until until until women women women are are are part part part of of of senior senior senior management management management decisions,and decisions,and Europe,s top corporate-governance positions remain overwhelmingly male .indeed,women hold only 14 percent of positions on Europe corporate boards. The Europe Union is now considering legislation to compel corporate boards to maintain a certain proportion of women-up to 60 percent.This proposed mandate was born of frustration. Last year, Europe Commission Vice President Viviane Reding issued a call to voluntary voluntary action. action. action. Reding Reding Reding invited invited invited corporations corporations corporations to to to sign sign sign up up up for for for gender gender gender balance balance balance goal goal goal of of of 40 40 percent percent female female female board board board membership. membership. membership. But But But her her her appeal appeal appeal was was was considered considered considered a a a failure: failure: failure: only only only 24 24 companies took it up. Do we need quotas to ensure that women can continue to climb the corporate Ladder fairy as they balance work and family? “Personally, “Personally, I I I don‟t don‟t like like quotas,” quotas,” quotas,” Reding Reding Reding said said said recently. recently. recently. “But “But “But i i i like like like what what what the the the quotas quotas quotas do.” do.” Quotas get action: they “open the way to equality and they break through the glass ceiling,” according according to to to Reding, Reding, Reding, a a a result result result seen seen seen in in in France France France and and and other other other countries countries countries with with with legally legally legally binding binding provisions on placing women in top business positions. I I understand understand understand Redi Redi Reding‟s ng‟s reluctance reluctance--and and her her her frustration. frustration. frustration. I I I don‟t don‟t like like quotas quotas quotas either; either; either; they they they run run counter to my belief in meritocracy, government by the capable. Bur, when one considers the obstacles to achieving the meritocratic ideal, it does look as if a fairer world must be temporarily ordered. After all, four decades of evidence has now shown that corporations in Europe as the US are evading the meritocratic hiring and promotion of women to top top position position position—— no matter how much “soft pressure ” is put upon them. When women do brea k through to the summit of corporate corporate power--as, power--as, power--as, for for for example, example, example, Sheryl Sheryl Sheryl Sandberg Sandberg Sandberg recently recently recently did did did at at at Facebook Facebook Facebook——they attract massive attention precisely because they remain the exception to the rule. If If appropriate appropriate appropriate pubic pubic pubic policies policies policies were were were in in in place place place to to to help help help all all all women---whether women---whether women---whether CEOs CEOs CEOs or or or their their children‟s caregivers --and all families, Sandberg would be no more newsworthy than any --and all families, Sandberg would be no more newsworthy than any other highly capable person living in a more just society. 36. In the European corporate workplace, generally_____. [A] women take the lead [B] men have the final say [C] corporate governance is overwhelmed [D] senior management is family-friendly 37. The European Union‟s intended legislation is ________.[A] a reflection of gender balance [B] a reluctant choice [C] a response to Reding‟s call[D] a voluntary action 38. According ti Reding, quotas may help women ______. [A] get top business positions [B] see through the glass ceiling [C] balance work and family [D] anticipate legal results 39. The author‟s attitude toward Reding‟s appeal is one of _________. [A] skepticism [B] objectiveness [C] indifference [D] approval 40. Women entering top management become headlines due to the lack of ______. [A] more social justice [B] massive media attention [C] suitable public policies [D] greater “soft pressure”Part B Directions: You are going to read a list of headings and a text. Choose the most suitable heading from the the list list list A-F A-F A-F for for for each each each numbered numbered numbered paragraph paragraph paragraph (41-45).Mark (41-45).Mark (41-45).Mark your your your answers answers answers on on on ANSWER ANSWER SHEET1. (10 points) [A] Live like a peasant [B] Balance your diet [C] Shopkeepers are your friends [D] Remember to treat yourself [E] Stick to what you need [F] Planning is evervthing [G] Waste not, want not The hugely popular blog the Skint Foodie chronicles how Tony balances his love of good food with living on benefits. After bills, Tony has ?60 a week to spend, ?40 of which goes on on food, food, food, but but but 10 10 10 years years years ago ago ago he he he was was was earning earning earning ?130,000 ?130,000 ?130,000 a a a I I I year year year working working working in in in corporate corporate communications and eating at London's betft restaurants'" at least twice a week. Then his marriage marriage failed, his failed, his career burned out and his drinking became serious. "The community mental mental health health health team team team saved saved saved my my my life. life. life. And And And I I I felt felt felt like like like that that that again, again, again, to to to a a a certain certain certain degree, degree, degree, when when people responded to the blog so well. It gave me the validation and confidence that I'd lost. But it's still a day-by-day thing." Now he's living in a council flat and fielding offers from literary literary agents. agents. agents. He's He's He's feeling feeling feeling positive, positive, positive, but but but he'll he'll he'll carry carry carry on on on blogging blogging blogging - - - not not not about about about eating eating eating as as cheaply cheaply as as as you you you can can can - - - "there "there "there are are are so so so many many many people people people in in in a a a much much much worse worse worse state, state, state, with with with barely barely barely any any money to spend on food" - but eating well on a budget. Here's his advice for economical foodies. 41._____________________ Impulsive spending isn't an option, so plan your week's menu in advance, making shopping lists for your ingredients in their exact quantities. I have an Excel template for a week of breakfast, lunch and dinner. Stop laughing: it's not just cost effective but helps you balance your diet. It's also a good idea to shop daily instead of weekly, because, being-human, you'll sometimes change your mind about what you fancy. 42____________________________________________________________ This is where supermarkets and thci; anonymity come in handy. With them, there's not the same embarrassment as when buying one carrot in a little greengrocer. And if you plan properly, you'll know that you only need, say, 350g of shin of beef and six rashers of bacon, not whatever weight is pre-packed in the supermarket chiller. 43_________ You may proudly claim to only have frozen peas in the freezer - that's not good enough. Mine is filled with leftovers, bread, stock, meat and fish. Planning ahead should eliminate wastage, but if you have surplus vegetables you'll do a vegetable soup, and all fruits threatening to "go off' will be cooked or juiced. 44___________________________________ Everyone says this, but it really is a top tip for frugal eaters. Shop at butchers, delis and fish-sellers regularly, even for small things, and be super friendly. Soon you'll feel comfortable asking if they've any knuckles of ham for soups and stews, or beef bones, chicken carcasses and fish heads for stock which, more often than not, Theyil let you have for free. 45__________________ You won't be eating out a lot, but save your pennies and once every few months treat yourself to a set lunch at a good restaurant - ?1.75 a week for three months gives you ?21 - more than" enough for a three-course lunch at Michelin-starred Arbutus. It's ?16.95 there - or ?12.99 for a large pizza from Domino's: I know which I'd rather eat. Section III T ranslation Translation Directions: Translate the following text from English into Chinese. Write your translation on ANSWER SHEET 2. (15 points) I can pick a date from the past 53 years and know instantly where I was , what happened in the news and even the day of the week. I‟ve been able to do this since I was four.I never feel overwhelmed with the amount of information my brain absorbs my mind seems to be able to cope and the information is stored away reatly. When I think of a sad memory, I I do do do what what what everyone everyone everyone does- does- does- try try try to to to put put put it it it to to to one one one side. side. side. I I I don‟t don‟t think think it‟s it‟s harder harder for for for me me me just just because because my my my memory memory memory is is is clearer. clearer. clearer. Powerful Powerful Powerful memory memory memory doesn‟t doesn‟t make make my my my emotions emotions emotions any any any more more acture or vivid. I I can recall the day can recall the day my my grandfather died grandfather died and the sadness I felt when we went to the hosptibal the day before. I also remember that the musical paly Hamopened on the Broadway on the same day- they both just pop into my mind in the same way. Section IV W riting Writing 47. 47. Suppose Suppose Suppose your your your class class class is is is to to to hold hold hold a a a charity charity charity sale sale sale foe foe foe kids kids kids in in in need need need of of of help. help. help. Write Write Write your your classmates an email to 。

FINANCE ACT 2013This article looks at the changes made by the Finance Act 2013, and should be read by those of you who are taking Paper F6 (UK) at either the June or December 2014 sittings. The aim of the article is to summarise the changes made by the Finance Act 2013 and to look at the more important changes in greater detail. The article also includes details of legislation that was enacted prior to the Finance Act 2013, but has only come into effect from 6 April 2013. The article does not refer to any amendments to the Paper F6 (UK) syllabus coverage unless they directly relate to legislative changes and candidates should therefore consult the June and December 2014 version of the Paper F6 (UK) Syllabus and Study Guide for details of such amendments.Please note that if you are sitting Paper F6 (UK) in December 2013, you will be examined on the Finance Act 2012, which is the legislation as it relates to the tax year 2012–13. Therefore this article is not relevant to you, and you should instead refer to the Finance Act 2012 article published on the ACCA website (see 'Related links').TAX SYSTEMGeneral anti-abuse rulePreviously, tax avoidance has been targeted with specific legislation. As a further deterrent, a general anti-abuse rule has been introduced.This will counteract tax advantages (such as increasing a deduction or decreasing income) arising from tax arrangements that are abusive (those arrangements which cannot be regarded as a reasonable course of action).INCOME TAXResidenceA statutory test of residence has been introduced to determine a person’s residence status each tax year.The following people will automatically be treated as not resident in the UK:A person who is in the UK for less than 16 days during a tax year.A person who is in the UK for less than 46 days during a tax year, and who has not been resident during the three previous tax years.A person who works full-time overseas, subject to them not being in the UK for more than 90 days during a tax year.Subject to not meeting any of the automatic non–resident tests, the following people will automatically be treated as resident in the UK:A person who is in the UK for 183 days or more during a tax year.A person whose only home is in the UK.A person who carries out full time work in the UK.Where a person’s residence status cannot be determined according to any of the automatic tests, then his/her status will be based on how many ties they have with the UK and how many days they stay in the UK during a tax year. There are five UK ties as follows:Having close family (a spouse/civil partner or minor child) in the UK.Having a house in the UK which is made use of during the tax year.Doing substantive work in the UK.Being in the UK for more than 90 days during either of the two previous tax years.Spending more time in the UK than in any other country in the tax year.How the UK ties test is applied depends on whether a person has been resident in the UK for any of the previous three tax years. A person who has been resident during any of the previous three tax years will typically be someone that is leaving the UK, and for them all five UK ties are relevant. A person who has not been resident during any of the previous three tax years will typically be someone that is arriving in the UK, and for them the final ‘country’tie is ignored. A person’s residence status is found by comparing the number of days they are in the UK during a tax year against how many UK ties they have:Days in UK Previously resident Not previously residentLess than 16 Automatically not resident Automatically not resident16 to 45 Resident if 4 UK ties (or more) Automatically not resident46 to 90 Resident if 3 UK ties (or more) Resident if 4 UK ties91 to 120 Resident if 2 UK ties (or more) Resident if 3 UK ties (or more)121 to 182 Resident if 1 UK tie (or more) Resident if 2 UK ties (or more)183 or more Automatically resident Automatically residentIt is therefore more difficult for a person leaving the UK to become non-resident than it is for a person arriving in the UK to remain non-resident.A day in the UK is any day in which a person is present in the UK at midnight.The table will be given in the tax rates and allowances section of the examination paper.The detailed rules are quite complex, especially those in regard to work and having a home in the UK. These more complex aspects are not examinable at Paper F6 (UK).EXAMPLE 1James is in the UK for 40 days during the tax year 2013–14. He has not previously been resident in the UK.Kate is in the UK for 60 days during the tax year 2013–14. Her only home is in the UK.Maggie has always been resident in the UK, being in the UK for more than 300 days each tax year. On 6 April 2013 Maggie purchased an overseas apartment where she lived for most of the tax year 2013–14. She also has a house in the UK where her husband and children live. During the tax year 2013–14 Maggie visited the UK for a total of 80 days, staying in her UK house.Nigel has not previously been resident in the UK, being in the UK for less than 20 days each tax year. On 6 April 2013 he purchased a house in the UK, and during the tax year 2013–14 stayed in the UK for a total of 160 days. Nigel also has an overseas house which was where he stayed for the remainder of the tax year 2013–14.JamesFor 2013–14 James will automatically be treated as not resident in the UK. He has not been resident during the three previous tax years, and has spent less than 46 days in the UK.KateFor 2013–14 Kate will automatically be treated as resident in the UK. She has spent too long in the UK to be automatically treated as non-resident, and her only home is in the UK.MaggieFor 2013–14 Maggie has spent too long in the UK to be automatically treated as non-resident, and will not automatically be treated as resident because she does not meet the only home test.Maggie has been resident in the UK during the three previous tax years, and was in the UK between 46 and 90 days. She is therefore resident in the UK for 2013–14 as a result of her three UK ties:Close family in the UK.A house in the UK which is made use of.In the UK for more than 90 days during the previous two tax years.NigelFor 2013–14 Nigel has spent too long in the UK to be automatically treated as non-resident, and will not automatically be treated as resident because he does not meet the only home test.Nigel has not been resident in the UK during the three previous tax years, and was in the UK between 121 and 182 days. He is therefore not resident in the UK for 2013–14 as the only UK tie is the house in the UK which is made use of.Ordinary residenceThe concept of ordinary residence has been abolished. Therefore, a person is now liable to capital gains tax on the disposal of assets during any tax year in which they are resident in the UK.Rates of income taxThe additional rate of income tax has been reduced from 50% to 45%, with the rate for dividends reduced from 42.5% to 37.5%. The rates of income tax for the tax year 2013–14 are as follows:Normalrates% Dividendrates%Basic rate £1 –£32,010 20 10Higher rate £32,011 to £150,000 40 32.5Additional rate £150,001and over 45 37.5A starting rate of 10% applies to savings income where it falls within the first £2,790 of taxable income. If non-savings income exceeds £2,790 the starting rate of 10% for savings does not apply. In this case savings income is taxed at the basic rate of 20% if it falls below the higher rate threshold of £32,010, at the higher rate of 40% if it falls between the higher rate threshold of £32,010 and the additional rate threshold of £150,000, and at the additional rate of 45% if it exceeds the additional rate threshold of £150,000.Personal allowancesThe normal personal allowance for the tax year 2013–14 is £9,440, and this is given to people born on or after 6 April 1948. People born between 6 April 1938 and 5 April 1948 receive a higher personal allowance of £10,500, with a slightly higher allowance of £10,660 given to people born before 6 April 1938. Previously, the level of personal allowance depended on whether a person had reached the age of 65 or 75. Personal allowances for the tax year 2013–14 are as follows:Personal allowanceBorn on or after 6 April 1948 £9,440Born between 6 April 1938and 5 April 1948 £10,500Born before 6 April 1938 £10,660Income limitPersonal allowance £100,000Personal allowance(born before 6 April 1948) £26,100The normal personal allowance of £9,440 is gradually reduced to nil where a person’s adjusted net income exceeds £100,000. Adjusted net income is net income (total income less deductions for loss relief and interest payments) less the gross amount of personal pension contributions and gift aid donations.The personal allowance is reduced by £1 for every £2 that a person’s adjusted net incomeexceeds £100,000. Therefore, a person with adjusted net income of £118,880 or more is not entitled to any personal allowance (118,880 –100,000 = 18,880/2 = £9,440). Where a person has an adjusted net income of between £100,000 and £118,880, the effective marginal rate of income tax is 60%. This is the higher rate of 40% on income plus an additional 20% as a result of the withdrawal of the personal allowance. In this situation it may be beneficial to make additional personal pension contributions or gift aid donations.The same reduction applies in respect of the higher personal allowances available to people born before 6 April 1948. Where a person’s adjusted net income exceeds £26,100, the higher personal allowances are reduced to a minimum of the normal personal allowance of £9,440. However, there will then be a further reduction if adjusted net income exceeds £100,000. This means that regardless of a person’s age, no personal allowance will be available where their adjusted net income is £118,880 or more.EXAMPLE 2Ingrid was born on 29 May 1973. For the tax year 2013–14 she has a salary of £37,000, building society interest of £800 (net) and dividends of £9,000 (net). Her income tax liability is as follows:£Employment income 37,000Building society interest (800 x 100/80) 1,000Dividends (9,000 x 100/90)10,000______48,000Personal allowance(9,440)______Taxable income38,560______Income tax:28,560 at 20%3,450 at 10%6,550 at 32.5%5,7123452,129______Tax liability 8,186______EXAMPLE 3June was born on 3 August 1965. For the tax year 2013–14 she has a trading profit of £184,000. Her income tax liability is as follows:£Trading profit184,000Personal allowanceNil______Taxable income184,000______Income tax:32,010 at 20%117,990 at 40%34,000 at 45%6,40247,19615,300______Tax liability 68,898______No personal allowance is available as June’s adjusted net income of £184,000 exceeds £118,880.EXAMPLE 4Trevor was born on 23 January 1983. For the tax year 2013–14 he has a trading profit of £132,000, building society interest of £3,200 (net) and dividends of £34,200 (net). The income tax payable by Trevor is as follows:££Trading profit132,000Building society interest(3,200 x 100/80)4,000Dividends(34,200 x 100/90)38,000______174,000Personal allowanceNil______Taxable income174,000______Income tax:32,010 at 20%103,990 at 40%14,000 at 32.5%24,000 at 37.5%6,40241,5964,5509,000______Tax liability 61,548 Tax suffered at sourceDividends(38,000 at 10%)Building society interest(4,000 at 20%)3,800800______(4,600)______56,948______The 10% tax credit on dividend income is available regardless of the rate of tax payable.EXAMPLE 5May was born on 19 December 1958. For the tax year 2013–14 she has a trading profit of £159,000. During the year May made net personal pension contributions of £40,000 and a net gift aid donation of £1,600. Her income tax liability is as follows:£Trading profit159,000Personal allowance(5,940)______Taxable income153,060______Income tax:84,010 at 20%69,050 at 40%16,80227,620______Tax liability 44,422______The gross personal pension contributions are £50,000 (40,000 x 100/80) and the gross gift aid donation is £2,000 (1,600 x 100/80).May’s adjusted net income is therefore £107,000 (159,000 –50,000 –2,000), so her personal allowance of £9,440 is reduced to £5,940 (9,440 –3,500 (107,000 –100,000 = 7,000/2)).The basic and higher rate tax bands are extended to £84,010 (32,010 + 50,000 + 2,000) and £202,000 (150,000 + 50,000 + 2,000) respectively.EXAMPLE 6Ali was born on 12 March 1947. For the tax year 2013–14 he has pensions of £11,900 and bank interest of £4,000 (net). His income tax liability is as follows:£Pensions 11,900Bank interest(4,000 x 100/80) 5,000_______16,900Personal allowance(10,500)_______Taxable income6,400_______Income tax:1,400 at 20%1,390 at 10%3,610 at 20%280139722_______Tax liability 1,141_______Ali qualifies for the higher personal allowance of £10,500 as he was born between 6 April 1938 and 5 April 1948.Non-savings income is £1,400 (11,900 –10,500), so £1,390 (2,790 –1,400) of the savings income is taxed at the starting rate of 10%. The remainder of the savings income is taxed at the basic rate of 20%.EXAMPLE 7Lorn was born on 14 July 1932. For the tax year 2013–14 she has pensions of £24,000 and building society interest of £3,200 (net). Her income tax liability is as follows:£Pensions 24,000Building society interest(3,200 x 100/80) 4,000_______28,000Personal allowance(9,710)_______Taxable income18,290_______Income tax: 18,290 at 20%3,658_______Tax liability 3,658_______Lorn’s adjusted net income exceeds £26,100, so her higher personal allowance of £10,660 is reduced to £9,710 (10,660 –950 (28,000 –26,100 = 1,900/2)).EXAMPLE 8Rich was born on 2 September 1935. For the tax year 2013–14 he has a trading profit of £92,000 and pensions of £18,000. His income tax liability is as follows:£Trading profit92,000Pensions18,000______110,000Personal allowance (4,440)______Taxable income105,560______Income tax:32,010 at 20%73,550 at 40%6,40229,420______Tax liability 35,822______Rich’s adjusted net income exceeds £26,100 to the extent that his higher personal allowance of £10,660 is initially reduced to the normal personal allowance of £9,440.As the adjusted net income of £110,000 exceeds £100,000, the normal personal allowance is then reduced to £4,440 (9,440 –5,000 (110,000 –100,000 = 10,000/2)).Child benefit income tax chargeAn income tax charge has been introduced where a person’s adjusted net income exceeds £50,000 and they receive child benefit. Child benefit is a tax-free payment that can be claimed in respect of children, and the tax charge in effect removes the benefit for those on higher incomes.Where adjusted net income is between £50,000 and £60,000, the income tax charge is 1% of the amount of child benefit received for every £100 of income over £50,000. For people whose adjusted net income exceeds £60,000, the amount of the income tax charge is equivalent to the amount of child benefit received.The child benefit income tax charge is collected through the self-assessment system. This means that many more people than previously will have to complete a self-assessment tax return.The following information will be given in the tax rates and allowances section of the examination paper for the June and December 2014 sittings:Child benefit income tax chargeWhere income is between £50,000 and £60,000, the charge is 1% of the amount of child benefit received for every £100 of income over £50,000.EXAMPLE 9For the tax year 2013–14 Cecil has a salary of £64,000. He received child benefit of £1,056 during the year.Cecil’s adjusted net income of £64,000 exceeds £60,000, so the child benefit income tax charge is £1,056, being the amount of child benefit received.EXAMPLE 10For the tax year 2013–14 Mavis has a trading profit of £56,000. She received child benefit of £1,752 during the year.Mavis’adjusted net income of £56,000 is between £50,000 and £60,000. The child benefit income tax charge is therefore £1,051 (1,752 x 60% ((56,000 –50,000)/100)).EMPLOYMENT INCOMECompany car benefitFor the tax year 2013–14 the base level of CO₂emissions used to calculate company car benefits is reduced from 100 grams per kilometre to 95 grams per kilometre. The base percentage is unchanged at 11%. There are two lower rates for company motor cars with low CO₂emissions. For a motor car with a CO₂emission rate of 75 grams per kilometre or less the percentage is 5%. For a motor car with a CO₂emission rate of between 76 and 94 grams per kilometre the percentage is 10%.The percentage rates (including the lower rates of 5% and 10%) are increased by 3% for diesel cars, but not beyond the maximum percentage rate of 35%.The company car benefit information that will be given in the tax rates and allowances section of the examination paper for the June and December 2014 sittings is as follows:Car benefit percentageThe relevant base level of CO₂emissions is 95 grams per kilometre.The percentage rates applying to petrol cars with CO₂emissions up to this level are:75 grams per kilometre or less 5%76 grams to 94 grams per kilometre 10%95 grams per kilometre 11%EXAMPLE 11During the tax year 2013–14 Fashionable plc provided the following employees with company motor cars:Amanda was provided with a new petrol powered company car throughout the tax year 2013–14. The motor car has a list price of £12,200 and an official CO₂emission rate of 84 grams per kilometre.Betty was provided with a new petrol powered company car throughout the tax year 2013–14. The motor car has a list price of £16,400 and an official CO₂emission rate of 109 grams per kilometre.Charles was provided with a new diesel powered company car on 6 August 2013. The motor car has a list price of £13,500 and an official CO₂emission rate of 137 grams per kilometre.Diana was provided with a new petrol powered company car throughout the tax year 2013–14. The motor car has a list price of £84,600 and an official CO₂emission rate of 233 grams perkilometre. Diana paid Fashionable plc £1,200 during the tax year 2013–14 for the use of the motor car.AmandaThe CO₂emissions are between 76 grams and 94 grams per kilometre so the relevant percentage is 10%. The motor car was available throughout 2013–14, so the benefit is £1,220 (12,200 x 10%).BettyThe CO₂emissions are above the base level figure of 95 grams per kilometre. The CO₂emissions figure of 109 is rounded down to 105 so that it is divisible by five. The minimum percentage of 11% is increased in 1% steps for each five grams per kilometre above the base level, so the relevant percentage is 13% (11% + 2% (105 –95 = 10/5)). The motor car was available throughout 2013–14 so the benefit is £2,132 (16,400 x 13%).CharlesThe CO₂emissions are above the base level figure of 95 grams per kilometre. The relevant percentage is 22% (11% + 8% (135 –95 = 40/5) = 19% plus a 3% charge for a diesel car). The motor car was only available for eight months of 2013–14, so the benefit is £1,980 (13,500 x 22% x 8/12).DianaThe CO₂emissions are above the base level figure of 95 grams per kilometre. The relevant percentage is 38% (11% + 27% (230 –95 = 135/5)), but this is restricted to the maximum of 35%. The motor car was available throughout 2013–14 so the benefit is £28,410 (84,600 x 35% = 29,610 –1,200). The contribution by Diana towards the use of the motor car reduces the benefit.Company car fuel benefitThe fuel benefit is calculated as a percentage of a base figure that is announced each year. For the tax year 2013–14 the base figure has been increased from £20,200 to £21,100.The percentage used in the calculation is exactly the same as that used for calculating the related company car benefit.EXAMPLE 12Continuing with example 11.Amanda was provided with fuel for private use between 6 April 2013 and 5 April 2014.Betty was provided with fuel for private use between 6 April 2013 and 31 December 2013.Charles was provided with fuel for private use between 6 August 2013 and 5 April 2014.Diana was provided with fuel for private use between 6 April 2013 and 5 April 2014. She paid Fashionable plc £600 during the tax year 2013–14 towards the cost of private fuel, although the actual cost of this fuel was £1,000.AmandaThe motor car was available throughout 2013–14 so the benefit is £2,110 (21,100 x 10%).BettyFuel was only available for nine months of 2013–14, so the fuel benefit is £2,057 (21,100 x 13% x 9/12).CharlesThe motor car was only available for eight months of 2013–14, so the fuel benefit is £3,095 (21,100 x 22% x 8/12).DianaThe motor car was available throughout 2013–14 so the benefit is £7,385 (21,100 x 35%). There is no reduction for the contributions made since the cost of private fuel was not fully reimbursed.Company van fuel benefitThe fuel benefit where private fuel is provided for a company van has been increased from £550 to £564.ChildcareThe exemption limit where childcare is provided by an employer has been adjusted for additional rate taxpayers. This is in line with the reduction of the additional rate of income tax from 50% to 45%.The weekly limits are now £55 per week for basic rate taxpayers, £28 per week for higher rate taxpayers, and £25 per week for additional rate taxpayers. These limits mean that all taxpayers receive exactly the same amount of tax relief from the childcare exemption.Official rate of interestThe official rate of interest is used when calculating the taxable benefit arising from a beneficial loan or from the provision of living accommodation costing in excess of £75,000.For the June and December 2014 sittings the actual official rate of interest of 4.0% for the tax year 2013–14 will be used.Luncheon vouchersThe exemption for the first 15p per day for luncheon vouchers has been abolished. Therefore the full cost of luncheon vouchers provided to employees is now a taxable benefit.Cycle to work daysThe exemption where meals or refreshments were provided to employees as part of a cycle to work day has been abolished.PAYE –Real time reportingThe PAYE system has been modernised by the introduction of real time reporting. The fundamentals of PAYE itself are unchanged, so employees are still issued with tax codes, and the employer is still responsible for deducting tax and national insurance contributions (NIC). The due dates for paying income tax and NIC to HM Revenue and Customs remain unchanged. However, with real time reporting, employers send income tax and NIC information to HM Revenue and Customs electronically every time employees are paid (either weekly or monthly) rather than waiting until after the end of the tax year as was previously the case.Forms P35 and P14 are no longer required, since end of year information is included with the final real time submission for the tax year. However, form P60 must still be provided to employees following the end of the tax year. Form P45 has also been retained, and this is provided to a leaving employee.Employers are charged a penalty if their final real time submission for a tax year is made late. The deadline is 19 May following the end of the tax year, and the penalty that can be imposed is £100 per month per 50 employees. For the tax year 2013–14 there are no penalties if submissions made during the tax year are late.Since information must be filed electronically, it is no longer possible to produce a payroll manually. Employers must either run payroll software or use the services of a payroll provider.CAPITAL ALLOWANCESMotor carsThe motor car CO₂emission thresholds have been reduced:The CO₂emissions limit to qualify for a 100% first-year allowance has been reduced from 110 grams per kilometre to 95 grams per kilometre.The CO₂emissions limit to qualify for writing-down allowances at the rate of 18% has been reduced from 160 grams per kilometre to 130 grams per kilometre.This means that writing-down allowances at the rate of 18% are available where a motor car’s CO₂emissions are between 96 and 130 grams per kilometre, and at the rate of 8% where CO ₂emissions are over 130 grams per kilometre.These changes apply from 6 April 2013 (1 April 2013 for limited companies), and a question will not be set involving the CO₂emission thresholds that applied prior to this date.Annual investment allowanceFrom 1 January 2013 the annual investment allowance (AIA) limit has been increased from £25,000 to £250,000. The AIA provides an allowance of 100% for the first £250,000 of expenditure on plant and machinery in a 12-month period. Any expenditure in excess of the £250,000 limit qualifies for writing-down allowances as normal. The AIA applies to all expenditure on plant and machinery with the exception of motor cars. The £250,000 limit is proportionally reduced or increased where a period of account is shorter or longer than 12 months. For example, the AIA would be £187,500 (250,000 x 9/12) for a nine-month period of account.Where a period of account spans 1 January 2013, then apportionment will be necessary in order to determine the amount of AIA. A question will not be set involving apportionment as regards the amount of AIA. However, there is no reason why a question could not involve a 31 December 2013 year end.The capital allowances information that will be given in the tax rates and allowances section of the examination paper for the June and December 2014 sittings is as follows:Rates of allowance%Plant and machineryMain pool 18Special rate pool 8Motor carsNew cars with CO₂emissions up to 95 grams per kilometre 100CO₂emissions between 96 and 130 grams per kilometre 18CO₂emissions over 130 grams per kilometre 8Annual investment allowanceFirst £250,000 of expenditure(since 1 January 2013) 100Unless there is private use, motor cars qualifying for writing down allowances at the rate of 18% are included in the main pool, whilst motor cars qualifying for writing down allowances at the rate of 8% are included in the special rate pool. Motor cars with private use (by a sole trader or partner) are not pooled, but are kept separate so that the private use adjustment can be calculated.EXAMPLE 13Ming prepares accounts to 31 December. On 1 January 2013 the tax written down value of plant and machinery in her main pool was £16,700.The following transactions took place during the year ended 31 December 2013:Cost/(proceeds)£8 April 2013 Purchased motor car (1) 15,60014 April 2013 Purchased motor car (2) 10,10012 August 2013 Purchased equipment 56,4002 September 2013 Purchased motor car (3) 28,30019 November 2013 Purchased motor car (4) 16,80012 December 2013 Sold motor car (2) (8,300)。

人行（英语类）笔试历年真题回忆版2010-20132013年人民银行英语笔试回忆2013年人行英语考试回忆周六参加了2013年人行分支机构英语考试，卷子属于涉及若干经济金融内容的英语考试，整体难度适中。

题型有五个，单选、完形、阅读、翻译、作文。

单选貌似10个，考察语法词汇知识，好久没考了，基本靠语感加猜。

好久没考英语了。

完形是一篇介绍无形资产的文章，20个空？既考查语法，也考察上下文理解，还考察对无形资产的基础知识（比如从选项中区分unidentical intangible assets和identical assets，成本writte off之类的）。

还有一些专用名词的考察，记不得了。

四篇阅读不难，基本可以先看题目直接去问文中找，内容都包括银行结算、介绍一本写美国劳动力的书等。

其他记不得了，欢迎补充。

翻译包括中译英和英译中各一篇。

中译英是介绍上市公司不同融资方法所带来的融资成本的段落。

如果知道基本的经济金融专用名词的话翻起来不难，比如上市公司、融资、利润、本金、利息、分红、成本约束、收购等。

英译中很简单，是一介绍银行保险箱业务的小短文，基本不用打草稿，视译即可。

作文先给了一段话，内容是说这个十一黄金周北京各景点人满为患，同时垃圾遍地，景点疲于应付的现象。

请你对这个现象表达看法，300字左右还是以上？记不清了。

不过好多同学的思维已经被申论给束缚了，结果问了一圈大家都有种用英语写申论的感觉。

总之，人行的英语试卷总体难度不大，很大程度上考察英语综合能力，特别是经济金融方面的知识储备，建议可以提前学习下经济英语，多看经济学人等杂志。

祝大家好运！2013人行英语类笔经新鲜出炉之前一直受惠于论坛的前辈们，今天也怀着感恩之心回报一下论坛，顺便攒人品。

我是英语专业的，南京考点。

只有两个考场是英语类的，而且我们考场只来了10个人，另一个考场貌似不到十个。

好像今天中国银行也考试，还有新华社，对外出版集团之类的单位都选择今天考试，牛人们都考其他的去了，这让偶庆幸不已。

2013年湖北经济学院专升本（英语）真题试卷(题后含答案及解析)题型有：1. V ocabulary and Structure 2. Reading Comprehension 3. Cloze 5. Translation 6. WritingV ocabulary and Structure1．She has got no idea______with her for the trip.A．what clothes to takeB．of to take what clothesC．to take what clothesD．what clothes he taken正确答案：A2．It is a great honor for her______the Nobel Prize twice.A．winningB．having wonC．to winD．to have won正确答案：D3．The child pretended______listening to what his mother was saying.A．to be notB．not to beC．notD．/正确答案：B4．The crime seems______by a left-handed man.A．having been committedB．to commitC．to have been committedD．being committed正确答案：C5．For the boy______in an atmosphere of simple living was what was what his father wished.A．to educateB．to be educatedC．educatedD．educating正确答案：B6．Come in now; I am sorry______you waiting so long.A．to keepB．keepingC．to be keptD．to have kept正确答案：D7．The old man is said______very rich when he was young.A．to have beenB．to beC．having beenD．to have being正确答案：A8．I prevail on him______his decision.A．reconsideringB．reconsiderC．to reconsiderD．to be reconsidered正确答案：C9．The pilot felt something______wrong with the engine just before the plane took off.A．goB．wentC．was goingD．to go正确答案：A10．Their decision______up the experiment surprised us.A．givingB．being givenC．to be givenD．to give正确答案：D11．We regret______you that the materials you ordered are out of stock.A．informingB．to informC．having informedD．to have informed正确答案：B12．There is no point______the piano, unless you practice everyday.A．to learn to playB．in learning to playC．by learning to playD．having learned to play正确答案：B13．Taiwan is considered by foreigners as______.A．have the ideal combinations of climatic conditionsB．to have the ideal combinations of climatic conditionsC．have ideal combinations of climatic conditionsD．having the ideal combinations of climatic conditions正确答案：D14．______about one of the most rapidly changing countries in a ceaselessly changing world is not at all easy.A．Being informedB．To be informingC．Having informedD．Informed正确答案：A15．“ Excuse______you again,” he said, “may I walk along with you a little way?”A．me troubleB．my troublingC．me to troubleD．for my trouble正确答案：B16．The police chief, who fears that the case could become a national incident, is opposed ______it any publicity.A．to giveB．to givingC．to be givingD．to have given正确答案：B17．Mark often attempts to escape______whenever he breaks traffic regulations A．having been finedB．to have been finedC．being finedD．to be fined正确答案：C18．—”Why were you late?”—” I had a hard time______up this morning.”A．to getB．getC．having gettingD．getting正确答案：D19．Your hair wants______. You’ d better have it done tomorrow.A．cutB．to cutC．cuttingD．being cut正确答案：C20．The Landons doubted if it was worth______a hundred miles to see the basketball game.A．of drivingB．drivingC．driveD．being driven正确答案：B21．When I caught him ______ I stopped buying things there and started dealing with another shop.A．cheatingB．cheatC．to cheatD．to be cheating正确答案：A22．______, a man who expresses himself effectively is sure to succeed more rapidly than a man whose command of language is poor.A．Other things being equalB．Were other things equalC．To be equal to other thingsD．Other things to be equal正确答案：A23．When writing, you should manage to make yourself______.A．understandB．understandingC．being understoodD．understood正确答案：D24．All flights______cancelled because of the snowstorm, many passengers could do nothing but take the train.A．had beenB．have beenC．wereD．having been正确答案：D25．______ the claim about German economic might, it is somewhat surprising how relatively small the German economy actually is.A．To giveB．GivenC．GivingD．Having given正确答案：BReading ComprehensionWith What Do You Buy Your Money?(10) Two years ago, I gave my yearly talk before the Applied Philosophy Institute in Sunnyvale, California. The topic was “Money & God.”The audience’s turnout was excellent. Almost everyone had some deep feelings about money and God —taken separately or united in various holy and unholy alliances. I struggled to bring these two ultimate subjects together in the same breath. One businessman wanted to make it simple. He said, “Money is God. Anything you can say about God, you can also say about money.”“What do you mean?”I responded. “Well, think of the traditional statements about God,”he said. “Okay. God is love. God is everywhere. God is infinite. God is all powerful,” I remarked. “That’ s it]” he said with delight. “Money is love. Money is everywhere. Money is infinite. Money is all powerful. People want to treat you as if they love you when you have lots of money. Everywhere I go there is money —an ATM machine or bank in every part of the world. Money is so powerful that we go to war and give up our lives for it. And, since money is abstract, we can create infinite amounts of it. Therefore Money is like God, Money is God.”This businessman was serious. I could see that he was deeply disturbed by his position. He was admitting an awesome truth that most people would not take seriously. Afterwards an older white-bearded gentleman came up to me and asked this question: “ With what do you buy your money?” I looked at him, just to make sure I understood what he said.Again he asked, “With what do you buy your money?”“I can only think of one good answer,” I said, “I buy my money with my life.”“Right!” he said. “You might win the game of life. I wish I had asked myself this question when I was much younger. I worked for money for so many years, not realizing that I was trading life for money.”“Don’t the bad guys always say, ‘ Your money or your life?’“I said. This old man had the clear eyes of a wisdom seeker, not those of a man lost in the money game. Perhaps, I thought half in jest, he had put away a good sum for his retirement, and was living well off of it. Yet, most older people that I knew were still obsessed with money even if they had enough. They had spent their youth fixated on it; such lifetime habits cannot be easily dropped. Ultimately, all of my investments start with how I use my time. Some say, “Time is money.” I say, “Life is the time we have, so use the time allotted well. You may not have any time to spare.”I may spend so much time working for life and health insurance payments, that I die earlier of stress-related disease. Such is life.26．_____(tradition)teaching methods sometimes only succeeded in putting students off learning.正确答案：Traditional27．_____(ally)against our common enemy is our only hope for survival.正确答案：Alliance28．The police ______(response)to emergencies in just a few minutes.正确答案：will respond29．The eight major industrial countries will have their ______(year)meeting in London.正确答案：yearly30．The proportion of the population who are over ______(retire)age has grown tremendously in the past few years.正确答案：retired31．Ms. Rice is one of the most______(power)persons in the Bush Administration.正确答案：powerful32．She has created a style of music that has______(delightful)audiences all over the world.正确答案：delighted33．I’m sorry to have ______(disturbance)you so late that night, but I really had no other choice.正确答案：disturbed34．The school has received______(vary)grants from the education department.正确答案：varied/ various35．Criticizing will only destroy a relationship and______(creativity)feelings of failure.正确答案：0createWho’s Afraid of Maths Anyway?(10) Scientists have tried to come up with biological explanations for the difference between boys and girls. However, none were convincing enough to explain the general picture. As one scientist points out, “There are slight genetic differences between the sexes at birth which may influence the subjects boys and girls choose. But the difficulty is thatby the time children reach school age, there are so many other influences that it is almost impossible to tell whether girls are worse at science and maths, or whether they’ ve been brought up to think of these subjects as boys’‘ territory’.”Statistics show that in mathematics, at least, girls are equal to boys. A recent report suggests that girls only stop studying mathematics because of social attitudes. One of the report’ s authors says, “While it is socially unacceptable for people not to be able to read and write, it is still acceptable for women to say that they are ‘ hopeless’ at maths. Our research shows that, although girls get marks which are as good as the boys’, they have not been encouraged to do so.”The explanation for the difference, which is apparent during the teenage years, goes as far back as early childhood experiences. From their first days in nursery school, girls are not encouraged to work on their own or to complete tasks, although boys are. For example, boys and not girls, are often asked to “help”with repair work. This encouragement leads to a way of learning how to solve problems later on in life. Evidence shows that exceptional mathematicians and scientists did not have teachers who supplied answers; they had to find out for themselves. A further report on maths teaching reveals that teachers seem to give more attention to boys than to girls. Most teachers who took part in the study claimed that they expect their male students to do better at mathematics and science subjects than their female students. All of this tends to encourage boys to work harder in these subjects, and gives them confidence and convinces them that they can succeed. Interestingly, both boys and girls tend to regard such “masculine” subjects like mathematics and science as difficult. Yet it has been suggested that girls avoid mathematics courses, not because they are difficult, but for social reasons. Mathematics and science are mainly masculine subjects, and therefore, as girls become teenagers, they are less likely to take them up. Girls do not seem to want to be in open competition with boys. Neither do they want to do better than boys because they are afraid to appear less feminine and so, less attractive.adjust to mean realize instead of be concerned aboutaccidentally on the move be conscious of get used to a variety of36．When can you ______ your weakness and shortcoming?正确答案：be conscious of37．Joe went to visit the kindergarten______interviewing the famous scientist.正确答案：instead of38．It is known to all that the American nation is constantly______.正确答案：on the move39．We should______the scarcity of water on Earth.正确答案：realize40．All that the university students______ is how to find a good job after graduation.正确答案：are concerned about41．Since the environment is changing all the time, we must ourselves______it.正确答案：adjust to42．In the forest, we saw______plants.正确答案：avariety of43．Have you______the fast pace of life in Shanghai?正确答案：got used to44．George didn’ t______to hurt you when he told us your story.正确答案：mean45．He proved to be on the spot______.正确答案：AccidentallyPersonal interviewing is most effective, when all the people to be interviewed are located in a relatively small geographical area. Otherwise, the time and expense spent in traveling from one person to another makes this type of interviewing economically impractical. Personal interviewing is usually used when the information needed is too complex to be gathered by another technique. For example, a problem being studied may require the interviewer to probe beyond the more superficial answers that might be obtained with another method. It is sometimes assumed that personal interviewing is the most accurate of all survey research techniques. Although personal interviewing may be accurate, in many cases, human errors may prevent a researcher from obtaining valid results. Questions perceived by the interviewee as an invasion of privacy or threatening in any way will probably produce false or partially true answers. Also, since the interviewer must interpret the respondent’s statements, a certain amount of information loses results even though the respondent may be answering truthfully. In spite of the problems, at least two major advantages are provided by this research technique. First, the alertinterviewer can generally tell if the respondent is being truthful or if he or she is giving superficial or untrue responses. Second, the interviewer can rephrase questions, give more explanations, or probe more deeply if the initial questions do not produce the information desired. As a result, the information gleaned should be more accurate than that provided by interviews where no one is present to clarify questions or to interpret answers.46．It can be concluded from the passage that when all the people to be interviewed are located in a relatively big geographical area______.A．personal interviewing is most effectiveB．personal interviewing is economically impracticalC．personal interviewing is the only technique to get informationD．telephone interviewing may not be used正确答案：B47．Sometimes a researcher cannot get valid results because______.A．the information needed is too complex to be gatheredB．personal interviewing is the most accurate of all survey research techniques C．personal interviewing is not as effective as other research techniquesD．both interviewer and interviewee may make mistakes during the interview 正确答案：D48．In the second paragraph, the phrase “an invasion of privacy” most probably means______.A．an unpleasant conversationB．a challenge to interviewee’s professional skillsC．an interference with interviewee’s personal affairsD．an interference with interviewee’s hobby正确答案：C49．In the first sentence of the last paragraph, the pronoun “this”refers to a______.A．surveyB．questionC．answeringD．personal interviewing正确答案：D50．According to the last paragraph, one of the advantages of the personalinterviewing is______.A．the interviewer can ask the interviewee questions again in different waysB．the interviewer can ask the interviewee some personal questionsC．the initial questions do not produce the information desiredD．no one 5 s present to clarify questions正确答案：AI am one of the many city people who are always saying that given the choice we would prefer to live in the country away from the dirt and noise of a large city. I have managed to convince myself that if it weren’t for my job I would immediately head out for the open spaces and go back to nature in some sleepy village buried fill the country. But how realistic is the dream? Cities can be frightening places. The majority of the population live in massive tower blocks, noisy, dirty and impersonal. The sense of belonging to a community tends to disappear when you live fifteen floors up. All you can see from your window is sky, or other blocks of fiats. Children become aggressive and nervous-cooped up at home all day, with nowhere to play; their mothers feel isolated from the rest of the world. Strangely enough, whereas in the past the inhabitants of one street all knew each other, nowadays people on the same floor in tower blocks don’t even say hello to each other. Country life, on the other hand, differs from this kind of isolated existence in that a sense of community generally binds the inhabitants of small villages together. People have the advantage of knowing that there is always someone to mm to when they need help. But country life has disadvantages too. While it is true that you may be among friends in a village, it is also tree that you are cut off from the exciting and important events that take place in cities. There is little possibility of going to a new show or the latest movie. Shopping becomes a major problem, and for anything slightly out of the ordinary you have to go on an expedition to the nearest large town. The city-dweller who leaves for the country is often oppressed by a sense of unbearable stillness and quiet. What, then, is the answer? The country has the advantage of peace and quiet, but suffers from the disadvantage of being cut off; the city breeds a feeling of isolation and constant noise batters the senses. But one of its main advantages is that You are at the gentler of things, and that life doesn’t come to an end at haft-past nine at night. Some people have found(or rather bought)a compromise between the two: they have expressed their preference for the “quiet life”by leaving the suburbs and moving to villages within commuting distance of large cities. They generally have about as much sensitivity as the plastic flowers they leave behind-they are polluted with strange ideas about change and improvement which they force on to the unwilling original inhabitants of the villages. What then of my dreams of leaning on a cottage gate and murmuring “morning”to the locals as they pass by. I’m keen on the idea, but you see there’s my cat, Toby. I’m not at all sure that he would take to all that fresh air and exercise in the long grass. I mean, can you see him mixing with all those hearty male down the farm? No, he would rather have the electric imitation-coal fire any evening.51．We get the impression from the first paragraph that the author______.A．used to live in the countryB．used to work in the cityC．works in the cityD．lives in the country正确答案：C52．In the author’s opinion, the following may cause city people to be unhappy EXCEPT______.A．a strong sense of fearB．lack of communicationC．housing conditionsD．a sense of isolation正确答案：A53．The passage implies that it is easy to buy the following things in the country EXCEPT______.A．daily necessitiesB．fresh fruitsC．designer clothesD．fresh vegetables正确答案：C54．According to the passage, which of the following adjectives best describes the commuters?A．Original.B．Quiet.C．Proud.D．Insensitive正确答案：D55．Do you think the author will move to the country?A．Yes, he will do so.B．No, he will not do so.C．It is difficult to tell.D．He is in two minds.正确答案：BClozeIn a telephone survey of more than 2000 adults, 21% said they believed the sun revolved(旋转)around the earth. An【C1】______7% did not know which revolved around【C2】______. I have no doubt that【C3】______all of these people were【C4】______in school that the earth revolves around the sun; 【C5】______may even have written it【C6】______a test. But they never【C7】______their incorrect mental models of planetary(行星的) 【C8】______because their everyday observations didn’t support 【C9】______their teachers told them: People see the sun “moving”【C10】______the sky as morning turns to night, and the earth seems stationary(静止的) 【C11】______that is happening. Students can learn the right answers【C12】______heart in class, and yet never combined them 【C13】______their working models of the world. The objectively correct answer the professor accepts and the【C14】______personal understanding of the world can【C15】______side by side, each unaffected by the other. Outside of class, the student continues to use the【C16】______model because it has always worked well【C17】______that circumstance. Unless professors address【C18】______errors in students’personal models of the world, students are not【C19】______to replace them with the【C20】______one.56．【C1】A．addedB．excessiveC．extraD．additional正确答案：D57．【C2】A．thatB．whichC．otherD．what正确答案：B58．【C3】A．remarkablyB．virtuallyC．ideallyD．preferably正确答案：B59．【C4】A．taught B．suggested C．advised D．learned正确答案：A60．【C5】A．these B．they C．those D．who正确答案：B61．【C6】A．on B．under C．with D．for正确答案：A62．【C7】A．formed B．believed C．thought D．altered正确答案：D63．【C8】A．location B．motion C．position D．operation 正确答案：B64．【C9】A．which B．howC．what D．that正确答案：C65．【C10】A．around B．across C．on D．above正确答案：B66．【C11】A．since B．for C．so D．while正确答案：D67．【C12】A．with B．inC．byD．to正确答案：C68．【C13】A．along B．to C．into D．with正确答案：D69．【C14】A．adult’s B．teacher’s C．student’s D．scientist’s 正确答案：C70．【C15】A．survive B．exist C．maintain D．occur正确答案：B71．【C16】A．own B．private C．personal D．individual正确答案：C72．【C17】A．onB．in C．with D．for正确答案：B73．【C18】A．similar B．natural C．specific D．general正确答案：C74．【C19】A．probable B．obliged C．partial D．likely正确答案：D75．【C20】A．reasonable B．correctC．betterD．perfect正确答案：BTranslationSection BDirections: Translate the following Chinese into English.76．只要你不断努力，你迟早会解决这个问题的。

2013 Level Ⅰ Mock Exam:Afternoon SessionQuestions 1 through 18 relate to Ethical and Professional Standards 1．Carlos Cruz, CFA, is one of two founders of an equity hedge fund. Cruz manages the fund's assets, and the other co-founder, Brian Burkeman, CFA, is responsible for fund sales and marketing. Cruz notices the most recent sales material used by Burkeman indicates assets under management are listed at a higher value than the current market value. Burkeman justifies the discrepancy by stating recent market declines account for the difference. In order to comply with the CFA Institute Standards of Professional Conduct, Cruz should least likely take which of the following actions?A．Correct the asset information and provide updates to prospective clients. B．Report the discrepancy to CFA Institute's Professional Conduct Program. C．Provide a disclaimer within marketing material indicating prices are as of a specific date.【答案】B【解析】"Guidance for Standards Ⅰ-Ⅶ", CFA Institute2013 Modular Level Ⅰ, Vol.1, Reading 2, Standard I (A) Knowledge of the Law, GuidanceStudy Session 1-2-cRecommend practices and procedures designed to prevent violations of the Code of Ethics and Standards of Professional Conduct.B is correct because a violation of Standard Ⅰ (A) Knowledge of the Law is likely to occur unless the asset base information is corrected. Cruz has yet to violate any CFA Institute standards, so he need not report a violation. If Cruz does not take action, he will be in violation of the standards, and at that point, he would need to report this violation because Standard I (A) applies; the member should know his conduct may contribute to a violation of applicable laws, rules, regulations, or the Code and Standards related to the inaccurate sales materials. Cruz should seek to have the information corrected and accurate informationprovided to prospective clients. It may also be prudent to seek the advice of legal counsel.2．Linda Chin, CFA, is a member of a political group advocating less governmental regulation in all aspects of life. She works in a country where local securities laws are minimal and insider trading is not prohibited. Chin's politics are reflected in her investment strategy, where she follows her country's mandatory legal and regulatory requirements. Which of the following actions by Chin is most consistent with the CFA Institute Standards of Professional Conduct?A．Follow the CFA Code and Standards.B．Continue her current investment strategy.C．Disclose her political advocacy to clients.【答案】A【解析】"Guidance for Standards Ⅰ-Ⅶ", CFA Institute2013 Modular Level Ⅰ, Vol.1, Reading 2, Standard Ⅰ (A) Knowledge of the Law, Standard Ⅱ (A) Material Nonpublic Information, GuidanceSession 1-2-cRecommend practices and procedures designed to prevent violations of the Code of Ethics and Standards of Professional Conduct.A is correct because Standard Ⅰ (A) Knowledge of the Law requires members and candidates to comply with the more strict law, rules, or regulations and follow the highest requirement, which in this case would be the CFA Institute Standards of Professional Conduct. Standard Ⅱ (A) Material Nonpublic Information would also apply because members and candidates who possess material nonpublic information that could affect the value of an investment must not act or cause others to act on the information. Disclosure that she meets local mandatory legal requirements, not the more strict law rule or regulation of the Code and Standards, would not excuse the member from following the Code and Standards.3．Wouter Duyck, CFA, is the sole proprietor of an investment advisory firm serving several hundred middle-class retail clients. Duyck claims to be different from his competitors because he conducts research himself. He discloses that to simplify the management of all these accounts, he has created a recommended list of stocks, from which he selects investments for all of his clients based on their suitability. Duyck's recommended list of stocks is obtained from his primary broker, who has completed due diligence on each stock. Duyck's recommended list least likely violates which of the following CFA Institute Standards of Professional Conduct?A．Fair DealingB．MisrepresentationC．Diligence and Reasonable Basis【答案】A【解析】"Guidance for Standards Ⅰ-Ⅶ", CFA Institute2013 Modular Level Ⅰ, Vol.1, Standard I (C) Misrepresentation, Guidance, Standard Ⅲ (B) Fair Dealing, Guidance, Standard Ⅴ (A) Diligence and Reasonable Basis, GuidanceStudy Session 1-2-bDistinguish between conduct that conforms to the Code and Standards and conduct that violates the Code and Standards.A is correct because Standard Ⅲ (B) Fair Dealing concerns the fair treatment of clients when making investment recommendations or taking investment action, but there is no indication the adviser has discriminated against any clients in regard to his recommendations because he invests all clients in the same universe of stocks. The adviser has violated Standard Ⅰ (C) Misrepresentation with his research, which is not independently created and instead relies upon information provided by his broker. This is contrary to the adviser telling clients he does his own independent investment research. In addition, the adviser has violated Standard V (A) Diligence and Reasonable Basis because he has not made reasonable and diligent efforts to determine if the third party's research is sound.4．Lisa Hajak, CFA, specialized in research on real estate companies at Cornerstone Country Bank for 20 years. Hajak recently started her own investment research firm, Hajak Investment Advisory. One of her former clients at Cornerstone asks Hajak to update a research report she wrote on a real estate company when she was at Cornerstone. Hajak updates the report, which she had copied to her personal computer without the bank's knowledge, and replaces references to the bank with her new firm, Hajak Investment Advisory. Hajak also incorporates the conclusions of a real estate study conducted by the Realtors Association that appeared in the Wall Street Journal. She cites the Journal as her source in her report. She provides the revised report free of charge along with a cover letter for the bank's client to become a client of her firm. Concerning the reissued research report, Hajak least likely violated the CFA Institute Standards of Professional Conduct because she:A．solicited the bank's client.B．did not obtain consent to use the bank report.C．did not cite the actual source of the real estate study.【答案】A【解析】"Guidance for Standards Ⅰ-Ⅶ", CFA Institute2013 Modular Level Ⅰ, Vol.1, Standard I (C) Misrepresentation, Guidance, Standard Ⅳ (A) Loyalty, Guidance, Standard Ⅴ (C) Record Retention, Guidance Study Session 1-2-bDistinguish between conduct that conforms to the Code and Standards and conduct that violates the Code and Standards.A is correct because soliciting the bank's client did not violate Standard Ⅳ (A) Loyalty because the manager is no longer an employee of the bank and there is no indication she obtained the client information from bank sources. The member, however, has violated Standard Ⅴ (C) Record Retention because when she left the bank, she took the property of the bank without express permission to do so. In addition, the analyst violated Standard Ⅰ (C) Misrepresentation by creating research materials without attribution, which is demonstrated when themanager adds to the new report a real estate study she saw in the Wall Street Journal, referencing the Journal only. In all instances, a member or candidate must cite the actual source of the information. If she does not obtain the report and review the information, the manager runs the risk of relying on second-hand information that may misstate facts. Best practice would be either to obtain the complete study from its original author and cite only that author or to use the information provided by the intermediary and cite both sources.5．Tonya Tucker, CFA, is a financial analyst at Bowron Consolidated. Bowron has numerous subsidiaries and is actively involved in mergers and acquisitions to expand its businesses. Tucker analyzes a number of companies, including Hanchin Corporation. When Tucker speaks with the CEO of Bowron, she indicates many of the companies she has looked at would be attractive acquisition targets for Bowron. After her discussion with the CEO, Tucker purchases 100,000 shares of Hanchin Corporation at $200 per share. Bowron does not have any pre-clearance procedures, so the next time she meets with the CEO, Tucker mentions she owns shares of Hanchin. The CEO thanks her for this information but does not ask for any details. Two weeks later, Tucker sees a company-wide email from the CEO announcing Bowron's acquisition of Hanchin for $250 a share. In regard to her purchase of Hanchin stock, Tucker leastlikelyviolated the CFA Institute Standards of Professional Conduct concerning:A．Loyalty.B．Priority of Transactions.C．Material Nonpublic Information.【答案】C【解析】"Guidance for Standards Ⅰ-Ⅶ", CFA Institute2013 Modular Level Ⅰ, Vol.1, Standard Ⅱ (A) Material Nonpublic Information, Guidance, Standard IV (A) Loyalty, Standard VI (B) Priority of Transactions Study Session 1-2-bDistinguish between conduct that conforms to the Code and Standards and conduct that violates the Code and Standards.C is correct because there is no indication the analyst had access to material nonpublic information and was in violation of Standard Ⅱ (A) Material Nonpublic Information. Specifically, Tucker did not have information concerning any decision by Bowron to acquire Hanchin stock because she is not a part of the decision-making team at Bowron, which determines the companies it plans to take over. The analyst had indicated numerous companies were viable options for take over, and she did not single out any one company in particular. 6．When a client asks her how she makes investment decisions, Petra Vogler, CFA, tells the client she uses mosaic theory. According to Vogler, the theory involves analyzing public and nonmaterial nonpublic information, including the evaluation of statements made to her by company insiders in one-on-one meetings where management discusses new earnings projections not known to the public. Vogler also gathers general industry information from industry experts she has contacted. Vogler most likelyviolates the CFA Institute Standards of Professional Conduct because of her use of:A．industry expert information.B．one-on-one meeting information.C．nonmaterial nonpublic information.【答案】B【解析】"Guidance for Standards Ⅰ-Ⅶ", CFA Institute2013 Modular Level Ⅰ, Vol.1, Standard Ⅱ (A) Material Nonpublic InformationStudy Session 1-2-bDistinguish between conduct that conforms to the Code and Standards and conduct that violates the Code and Standards.B is correct because a violation of Standard Ⅱ (A) Material Nonpublic Information is likely to occur when using information that is selectively disclosedby corporations to a small group of investors, analysts, or other market participants. Earnings estimates given in a one-on-one meeting would likely be considered material and nonpublic information. Information made available to analysts remains nonpublic until it is made available to investors in general. Under the mosaic theory, it is acceptable to use information from industry contacts as long as the analyst uses appropriate methods to arrive at her conclusions. Additionally, it is acceptable to use nonmaterial nonpublic information in her analysis, and this use is not a violation of StandardⅡ (A) Material Nonpublic Information.7．Lin Liang, CFA, is an investment manager and an auto industry expert. Last month, Liang sent securities regulators an anonymous letter outlining various accounting irregularities at Road Rubber Company. Shortly before he sent the letter to the regulators, Liang shorted Road stock for his clients. Once the regulators opened an investigation, which Liang learned about from his sources inside the company, Liang leaked this information to multiple sources in the media.When news of the investigation became public, the share price of Road immediately dropped30%. Liang then covered the short positions and made $5 per share for his clients. Liang least likelyviolated which of the CFA Institute Standards of Professional Conduct?A．MisconductB．Market ManipulationC．Priority of Transactions【答案】C【解析】"Guidance for Standards Ⅰ-Ⅶ", CFA Institute2013 Modular Level Ⅰ, Vol.1, Standard Ⅰ (A) Knowledge of the Law, Standard Ⅰ (D) Misconduct, Standard Ⅱ (B) Market Manipulation, Standard Ⅵ (B) Priority of Transactions, GuidanceStudy Session 1-2-bDistinguish between conduct that conforms to the Code and Standards and conduct that violates the Code and Standards.C is correct because the member has engaged in information-based manipulation of Road stock in violation of Standard Ⅱ (B) Market Manipulation and Standard Ⅰ (D) Misconduct. Members and candidates must refrain from "pumping up" (or down, in this case) the price of an investment by issuing misleading positive (or negative) information for their or their clients' benefit. The member has not violated Standard VI (B) Priority of Transactions because this standard concerns client investment transactions having priority over member or candidate investment transactions and is not applicable here.8．Sanjay Gupta, CFA, is interviewed by the First Faithful Church to manage the church's voluntary retirement plan's equity portfolio based upon his superior return history. Each church staff member chooses whether to opt in or out of the retirement plan according to his or her own investment objectives. The plan trustees tell Gupta that stocks of companies involved in the sale of alcohol, tobacco, gambling, or firearms are not acceptable investments given the objectives and constraints of the portfolio. Gupta tells the trustees he cannot reasonably execute his strategy with these restrictions and that all his other accounts hold shares of companies involved in these businesses because he believes they have the highest alpha. By agreeing to manage the account according to the Trustees' wishes, does Gupta violate the CFA Institute Standards of Professional Conduct?A．NoB．Yes, because the manager was hired based upon his previous investment strategyC．Yes, because the restrictions provided by the Trustees are not in the best interest of the members【答案】A【解析】"Guidance for Standards Ⅰ-Ⅶ", CFA Institute2013 Modular Level Ⅰ, Standard Ⅲ (A) Loyalty, Prudence, and CareStudy Session 1-2-bDistinguish between conduct that conforms to the Code and Standards and conduct that violates the Code and Standards.A is correct. According to Standard Ⅲ (A) Loyalty, Prudence, and Care, Gupta's duty of loyalty, prudence, and care is owed to the participants and beneficiaries (members) of the pension plan. As a church plan, the restrictions are appropriate given the objectives and constraints of the portfolio.9．Jorge Lopez, CFA, is responsible for proxy voting on behalf of his bank's asset management clients. Lopez recently performed a cost-benefit analysis, showing that proxy-voting analysis might not benefit the bank's clients. As a result, Lopez immediately changes the proxy-voting policies and procedures without informing anyone else of the change. Lopez now votes client proxies on the side of management on all issues with the exception of major mergers where a significant impact on the stock price is expected. Lopez least likely violated the CFA Institute Standards of Professional in regard to:A．cost-benefit analysis.B．voting with management.C．proxy-voting policy disclosures.【答案】A【解析】"Guidance for Standards Ⅰ-Ⅶ", CFA Institute2013 Modular Level Ⅰ, Vol.1, Standard Ⅲ (A) Loyalty, Prudence, and Care Study Session 1-2-bDistinguish between conduct that conforms to the Code and Standards and conduct that violates the Code and Standards.A is correct because there is no violation of Standard Ⅲ (A) Loyalty, Prudence, and Care by performing a cost-benefit analysis showing that voting all proxies might not benefit the client and concluding voting proxies may not be necessary in all instances. However, even though voting proxies may not be necessary in all instances, part of a member's or candidate's duty of loyalty under Standard Ⅲ (A) Loyalty, Prudence, and Care includes voting proxies in an informed andresponsible manner, which is not being done by Lopez by automatically voting with management on the majority of issues. In addition, members and candidates should disclose to clients their proxy-voting policies, including any changes to that policy as required by Standard III (A) Loyalty, Prudence, and Care, which has not been done.10．Tamlorn Mager, CFA, is an analyst at Pyallup Portfolio Management. CFA Institute recently notified Mager that his CFA Institute membership was suspended for a year because he violated the CFA Code of Ethics. A hearing panel also came to the same conclusion. Mager subsequently notified CFA Institute he does not accept the sanction, or the hearing panel's conclusion. Which of the following actions by Mager is most consistent with the CFA Institute Professional Conduct Program?A．Presenting himself to the public as a CFA charterholderB．Providing evidence for his position to an outside arbitration panel C．Using his CFA designation upon expiration of the suspension period【答案】C【解析】"Code of Ethics and Standards of Professional Conduct", CFA Institute2013 Modular Level Ⅰ, Vol.1, Reading 1, Code of Ethics and Standards of Professional Conduct CFA Institute Professional Conduct ProgramStudy Session 1-1-aDescribe the structure of the CFA Institute Professional Conduct Program and the disciplinary review process for the enforcement of the Code of Ethics and Standards of Professional Conduct.Study Session 1-2-cRecommend practices and procedures designed to prevent violations of the Code of Ethics and Standards of Professional ConductC is correct because the Designated Officer may impose a summary suspension on a member or candidate, which may be rejected or accepted by the member or candidate. If the member or candidate does not accept the proposed sanction, the matter is referred to a hearing panel composed of DRC members and CFA Institute member volunteers affiliated with the DRC. In this case, the hearing panel also affirmed the suspension decision by the Designated Officer, and therefore, the member loses the right to use his designation for a one-year period. Upon expiration of the suspension period, the analyst would be able to use his CFA designation.11．Edo Ronde, CFA, an analyst for a hedge fund, One World Investments, is attending a key industry conference for the microelectronics industry. At lunch in a restaurant adjacent to the conference venue, Ronde sits next to a table of conference attendees and is able to read their nametags. Ronde realizes the group includes the president of a publicly traded company in the microelectronics industry, Fulda Manufacturing, a company Ronde follows. Ronde overhears the president complain about a production delay problem Fulda's factories are experiencing. The president mentions the delay will reduce Fulda earnings more than 20% during the next year if not solved. Ronde relays this information to the portfolio manager he reports to at One World explaining that in a recent research report he recommended Fulda as a buy. The manager asks Ronde to write up a negative report on Fulda so the fund can sell the stock. According to the CFA Institute Code of Ethics and Standards of Professional Conduct, Ronde should least likely:A．revise his research report.B．leave his research report as it is.C．request the portfolio manager not act on the information.【答案】A【解析】"Guidance for Standards Ⅰ-Ⅶ", CFA Institute2013 Modular Level Ⅰ, Vol.1, Reading 2, Standard Ⅱ (A) Material Nonpublic Information,GuidanceStudy Session 1-2-cRecommend practices and procedures designed to prevent violations of the Code of Ethics and Standards of Professional Conduct.A is correct because Ronde should refuse to follow his supervisor's request. If Ronde revises his research report based on the information he overheard at the industry conference, he would violate Standard Ⅱ (A) Material Nonpublic Information. The production delay information is material and considered nonpublic until it is widely distributed. Therefore, it should not be included in Ronde's research report or acted on until it becomes public. Ronde should try to encourage Fulda to make the information public.12．Jennifer Ducumon, CFA, is a portfolio manager for high-net-worth individuals at Northeast Investment Bank. Northeast holds a large number of shares in Baby Skin Care Inc., a manufacturer of baby care products. Northeast obtained the Baby Skin Care shares when it underwrote the company's recent IPO. Ducumon has been asked by the investment-banking department to recommend Baby Skin Care to her clients, who currently do not hold any shares in their portfolios. Although Ducumon has a favorable opinion of Baby Skin Care, she does not consider the shares a buy at the IPO price nor at current price levels. According to the CFA Institute Code of Ethics and Standards of Professional Conduct, the most appropriate action for Ducumon is to:A．ignore the request.B．recommend the shares after additional analysis.C．follow the request as soon as the share price declines.【答案】A【解析】"Guidance for Standards Ⅰ-Ⅶ", CFA Institute2013 Modular Level Ⅰ, Vol.1, Reading 2, Standard Ⅰ (B) Independence and ObjectivityStudy Session 1-2-cRecommend practices and procedures designed to prevent violations of the Code of Ethics and Standards of Professional Conduct.A is correct because Ducumon should refuse to recommend the shares because her opinion of the Baby Skin Care shares must not be affected by internal pressure. If Ducumon followed the request from the investment-banking department at her company, she would be in violation of Standard Ⅰ (B) Independence and Objectivity. Ducumon must refuse to recommend the Baby Skin Care shares until they are an attractive purchase based on fundamental analysis and market pricing.13．Heidi Halvorson, CFA, is the chief investment officer for Tukwila Investors, an asset management firm specializing in fixed-income investments. Tukwila is in danger of losing one of its largest clients, Quinault Jewelers, which accounts for nearly one-third of its revenues. Quinault recently told Halverson that Tukwila would be fired unless the performance of Quinault's portfolio improves significantly. Shortly after this conversation, Halvorson purchases two corporate bonds she believes are suitable for any of her clients based upon third-party research from a reliable and diligent source. Immediately after the purchase, one bond increases significantly in price while the other bond declines significantly. At the end of the day, Halvorson allocates the profitable bond trade to Quinault and the other bond to two of her largest institutional accounts. Halvorson most likely violated the CFA Institute Standards of Professional in regard to: A．client suitability.B．trade allocations.C．third-party research.【答案】B【解析】"Guidance for Standards Ⅰ-Ⅶ", CFA Institute2013 Modular Level Ⅰ, Vol.1, Reading 2, Standard Ⅲ (B) Fair Dealing, Guidance, Standard Ⅲ (C) Suitability, Guidance, Standard V (A) Diligence and Reasonable Basis, GuidanceStudy Session 1-2-bDistinguish between conduct that conforms to the Code and Standards and conduct that violates the Code and Standards.B is correct because the investment officer failed to deal fairly for her clients by allocating profitable trades to a favored client at the expense of others, a violation of Standard Ⅲ (B) Fair Dealing. The standard requires members and candidates to treat all clients fairly when taking investment action. Tukwila should have a systematic approach to allocating trades, such as pro rata, before or at the time of trade execution or as soon as possible after trades are executed.14. Kelly Amadon, CFA, an investment adviser, has two clients: Ryan Randolf,65 years old, and Keiko Kitagawa,45 years old. Both clients earn the same amount in salary. Randolf, however, has a large amount of assets, whereas Kitagawa has few assets outside her investment portfolio.14．Randolf is single and willing to invest a portion of his assets very aggressively; Kitagawa wants to achieve a steady rate of return with low volatility so she can pay for her child's current college expenses. Amadon recommends investing 20% of both clients' portfolios in the stock of very low yielding small-cap companies. Amadon least likely violated the CFA Institute Code of Ethics and Standards of Professional Conduct in regard to his investment recommendations for:A．both clients' portfolio.B．only Randolf's portfolio.C．only Kitagawa's portfolio.【答案】B【解析】"Guidance for Standards Ⅰ-Ⅶ", CFA Institute2013 Modular Level Ⅰ, Vol.1, Reading 2, Standard Ⅲ (C) Suitability, GuidanceStudy Session 1-2-bDistinguish between conduct that conforms to the Code and Standards and conduct that violates the Code and Standards.B is correct because in Randolf's case, the investment may be appropriate given this client's financial circumstances and aggressive investment position. This investment would not be suitable for Kitagawa because of her need for a steady rate of return and her low risk profile.15．Thomas Turkman recently hired Georgia Viggen, CFA, as a portfolio manager for North South Bank. Although Viggen worked many years for a competitor, West Star Bank, the move was straightforward because she did not have anon-compete agreement with her previous employer. Once Viggen starts working for Turkman, the first thing she does is to bring a trading software package she developed and used at West Star to her new employer. Using public information, Viggen contacts all of her former clients to convince them to move with her to North South. Viggen also convinces one of the analysts she worked with at West Star to join her at her new employer. Viggen most likelyviolated the CFA Institute Code of Ethics and Standards of Professional Conduct concerning her actions involving:A．clients.B．the analyst.C．trading software.【答案】C【解析】"Guidance for Standards Ⅰ-Ⅶ", CFA Institute2013 Modular Level Ⅰ, Vol.1, Reading 2, Standard Ⅳ (A) Loyalty, Guidance Study Session 1-2-bDistinguish between conduct that conforms to the Code and Standards and conduct that violates the Code and Standards.C is correct because the portfolio manager violated Standard Ⅳ (A) Loyalty by taking proprietary trading software from her former employer. Although the manager created the software, it was during a period of time when West Star employed her, so the software is not her property to take with her to her new employer. The member contacted clients using public information, so she did not violate Standard Ⅳ (A) Loyalty. Because Viggen was not obligated to abide by a non-compete agreement that would likely restrict recruitment of former colleagues, Viggen is most likely free to recruit the analyst from her former employer.。

2013年6月高等考试B级真题及解析2013年6月考试B级真题Part I Listening ComprehensionDirections: This part is to test your listening ability .It consists of 3 sections.Section ADirections:This section is to test your ability to give proper responses. There are 5 recorded questions in it. After each question, there is a pause. Thequestions will be spoken two times. When you hear a question, youshould decide on the correct answer from the 4 choices marked A),B),C)and D) given in your test paper. Then you should mark the corresponding letter on the Answer Sheet with a single line through thecenter.1. A) You’re right. B) It’s interesting.C) Yes, of course. D) Hold on, please.2. A) I’m sorry to hear that. B) No, nothing special.C) My pleasure. D) Me too.3. A) This way, please. B) Here you are.C) Thanks a lot. D) Sure, no problem.4. A) Not at all. B) Not too bad.C) I can do it well. D) Give me a hand, please.5. A) Yes, please. B) Here it is. C) Mind your step. D) Have a nice day. Section BDirections: This section is to test your ability to understand short dialogues. There are 5 recorded dialogues in it. After eachdialogue, there is a recordedquestion. Both the dialogues and questions will be spoken two times.When you hear a question, you should decide on the correct answer fromthe 4 choices marked A), B), C) and D) given in your test paper. Then youshould mark the corresponding letter on the Answer Sheet with a singleline through the center.6. A) One . B) Two. C) Three. D) Four.7. A) In cash. B) By cheque.C) With a gift card. D) Through an online account.8. A) Writing a plan. B) Making a proposal.C) Checking a report. D) Giving a lecture.9. A) She is going to study abroad. B) She will take a holiday..C) She’ll take the job. D) She has got a pay raise.10. A) It is quite large. B) It is noisy.C) It is too far away. D) It is comfortable.Section CDirections: In this section you will hear a recorded short passage. The passage is printed in the test paper, but with some words or phrases missing. Thepassage will be read three times. During the second reading, you arerequired to put the missing words or phrases on the Answer Sheet inorder of the numbered blanks according to what you hear. The thirdreading is for you to check your writing. Now the passagewill begin.Good morning, ladies and gentlemen! Good news for you! A new after-school child care center is going to be built in this area of the city. This center is to provide a 11 environment for children between 3 and 11 years old. When it is completed we can offer a new after school 12 with long opening hours, so we can 13 of working parents and their children. We are also 14 help, such as providing facilities, soft toys and so on. We will be 15 for any help, as help is always very limited.Part II Vocabulary & StructureDirections: This part is to test your ability to use words and phrases correctly to construct meaningful and grammatically correct sentences. It consists of 2 sections. Section A Directions:There are 10 incomplete statements here. You are required to complete each statement by choosing the appropriate answer from the 4 choicesmarked A), B), C) and D). You should mark the corresponding letter onthe Answer Sheet with a single line through the center.16. Do not _________ me to help you unless you work hard.A) expect B) hope C) depend D) think17. This question ________ now is where to build the new factory.A) discusses B) discussing C) be discussed D) being discussed18. John decided to ________ the present job in order to travel around the world.A) give up B) put up C) wake up D) brake up19. Micheal’s new house looks like a palace, compared ________ his old one.A) of B) with C) for D) in20. Computer technology makes it ________ for people to work from home.A) harmful B) serious C) possible D) difficult21. We are delighted at the news ________ they are started the business cooperationwith your company.A) that B) when C) which D) what22. The computer problem is designed for the ________ of easy online reading.A) experience B) purpose C) invitation D) decision23. The businness talk ________ next week when the CEO of your company comes.A) was held B) is being heldC) will be held D) has been held24. It walk so noisy that we found it hard to ________ the conversation.A) carry on B) set for C) turn on D) go about25. You can not cancel your order ________ you change your mind within three days.A) as if B) while C) so that D) unless Section BDirections:There are also 10 incomplete statements here. You should fill in each blank with the proper form of the word given in brackets. Write the wordor words in the corresponding space on the Answer Sheet.26. Jack (quick) ____ established himself as a powerful member of the new company.27. When she got back from the South, Susan had her car (wash) _____ thoroughly.28. We all like your idea of using the money (build) _____ a primary school.29. She want to apply for a new job as her present job is not (interest) _____ .30. The UK economy last year performed (well) _____ than expected according to thereport.31. With the (introduce) _____ of the Internet, more and more people preferred to dobusiness online.32. No one (allow) _____ to take any reading materials out of the reading room.33. The machine suddenly stopped (work) _____ because of the power cut.34. We can not make (nature) _____ resourses, but gather them from the earth.35. The company (employ) _____ more than 50 IT engineers since last year.Part III Reading ComprehensionDirections: This part is to test your reading ability. There are 5 tasks for you to fulfill.You should read the reading materials carefully and do the tasks as youare instructed.Task 1Directions: After reading the following passage, you will find 5 questions or unfinished statements, numbered 36 to 40. For each question or statementthere are 4 choices marked A), B), C) and D). You should make thecorrect choice and mark the corresponding letter on the Answer Sheetwith a single line through the center.The contract of employment is the agreement made between the employer and the employee. This could be a written agreement or in an oral form.In addition, the contract will also include “custom and practice” agreements. These are how thing s usually done in the workplace, for example, if the employer always gives the employees a day’s holiday in August. Even though this is not mentioned in the written contract, this will form part of the contract as it is the usual practice.A trade union may have negociated (谈判达成) an agreement with an employer about conditions at work. The negociated agreement will often form part of a contract.Some contract will be illegal if:* the employee gets all or part of their wages in cash;* tax and national insurance contributions (国民保险税) are not paid; and* the employee knows they are getting paid in this way to avoid paying national insurance and tax.36. According to the first paragraph, a contract of employment _____________ .A) must be a written one B) could be in an oral formC) should be signed by a trade union D) ought to be a workplace agreement37. “Custom and practice” agreement are uaually ______________ .A) included in the contractB) known to employees onlyC) always written clearly in the contractD) signed by both the employer and a trade union38. According to the passage, the trade union and employer may negotiate an agreement on _____________ .A) paid holidays B) insurance termsC) training programs D) conditions at work39. If the employee receices his pay in cash, this practice will be regarded as ______ .A) reasonable B) pratical C) illegal D) unfair40. The passage is mainly about ____ .A) the negotiation with an employer B) the employment contractC) the working conditions D) the job resposibilitiesTask 2Directions: This task is the same as Task 1. The 5 questions or unfinished statements are numbered 41 to 45.A share house is money-saying. When you share a house, your bills, rent and possiblly food costs will be much lower. If the hous e is already established, you don’t have to worry about buying things like a fridge and TV.Choosing good housemates (合租人)Moving in with friends can be fun but it can result in conflict (冲突) and a loss of friendship. Think carefully about the type of person suited to your character.Ask advice from friends who have lived in share houses, or consult a youth worker or a relative.Setting some guidlinesEvery share house is different, but there are some guidelines (准则) that can help you avoid conflict:* Issue or ask for a receipt (收据) when you paid or collect the rent.* Spread resposibility for bill payment.* Where possible, deal with problems through face-to-face communication.Our Living in a share house web-wage has some advice and ideas to help make sharing with your housemates a great experience.41. According to the first paragraph, the main advantage ofa share house is that _____________ .A) it avoids wasting time B) it saves your moneyC) it developes friendship D) it prevents conflict42. According to the passage, an ideal housemate is a person who is ___________ .A) suitable for your character B) good at doing houseworkC) wilingl to help you D) easy to talk with43. When you collect the rent from your housemate, you are advised to __________ .A) write down the amount B) choose a right dateC) demand cash only D) give a receipt44. To solve a problem with your housemate, it is better for you to ____________.A) discuss it with the person on the telephoneB) seek advice from your friends or relativesC) talk with him or her face to faceD) speak to your parents about it first45. The passage is mainly about how to _________ .A) choose a good neighbor B) look for a new houseC) live in a share house D) share houseworkTask 3Directions:The following is a memo. After reading it, you should complete the information by filling in the blanks marked 46 to 50 (in no more than 3words) in the table below.To：All office staffRe: Award PartyPosted: July 1, 2013The Aword Party will take place on August 1, 2013. The hotel chosen for the party is close to the office, Everyone who plans to attend the party should sent an email to Mr. Black before the end of this week. If you want to bring a guest, the ticket price is $ 50. Only twenty guest tickets are available. All fifty tickets are reserved for staff at no charge. We hope that all staff will attend.Please choose the staff member who you think is the most valuable worker this year. Make sure you enclose the name in an envelope and bring it to Mr. Black in person. The voting (投票) ends on the last day of this month. One winner from our staff will be chosen.Award PartyDate: August 1, 2013Place: Hotel near the officeGuest tickets: Number: 20Price: 46 .Staff ticket: Number: _ 47Price: no chargeV oting for the most valuable worker: Brought to 48 in an envelopeDeadline: 49 of this monthNumber of winners: 50 .Task 4Directions:The following is a list of terms about income and benefits. After reading it, you are required to find the items equivalent to (与…等同) those given inChinese in the table below. Then you should put the corresponding lettersin the brackets on the Answer Sheet, numbered 51 through 55.A—Perfect attendance bonus B—Performance bonusC—Income tax D—Overtime payE—Back pay F—Pay raiseG—Pay cut H—Pay slipI—Weekly wage J—Minimum wageK—Basic wage L—Traveling allowanceM—Annual income N—Before-tax salaryO—Medical insurance P—Unemployment insurance Q—Employment injury insuranceExamples：(A)全勤奖(B)绩效奖金51. ( ) 所得税( ) 工伤保险52. ( ) 税前薪酬( ) 医疗保险53. ( ) 基本工资( ) 年收入54. ( ) 加班工资( ) 出差津贴55. ( ) 失业保险( ) 减薪Task 5Directions: The following is a letter of application for a job. After reading them, you are required to complete the answers that follow the questions (No.56 toNo.60). You should write your answers (in no more than 3 words) on theAnswer Sheet correspondingly.Dear Mr. Jenkinson：I am interested to see your advertisement in today’s City Daily and would like to be considered for this position as Chief Office Secretary in your company.I am now working as Private Secretary to the General Manager at a manufacturing company and have a wide range of resposibilities. These include attending and taking minutes(记录) of meeting and interview, dealing with callers and business emails and letters when my employer is absent, helping the new employees, as well as performing the daily office duties.The kind of work in your company particularly interests me, and I would welcome the opportunity it affords to use my foreign language abilities.A copy of my resume is enclosed with references you require.I hope to hear from you soon and to be given the opportunity to prove myself at an interview.Best Regards.Yours sincerely,Jean Carson 56. How does the writer learn about the job wanted?From ________________________ in the City Daily.57. What job position is the writer apply for?The position as __________________________ .58. Where is the writer working now?At a ___________________________ .59. Why is the writer particularly interested in the job?Because she thinks she can use her ___________________ abilities.60. What is enclosed with the letter?A copy of t he writer’s ________________with references required .Part IV Translation —— English into ChineseDirections:This part, numbered 61 to 65, is to test your ability to translate English into Chinese. Each of the four sentences(No.61 to No.64) is followed byfour choices of suggested translation marked A), B), C) and D). Make thebest choice and write the corresponding letter on the Answer Sheet. Writeyour translation of the paragraph (No.65) in the corresponding space onthe Translation/Composition Sheet.61. These program are importance to business success and will also contribute to the community at large.A) 这些重要项目都是为了兴办企业的，这也会对社区有很大的促进。

TEST FOR ENGLISH MAJORS (2013)—GRADE FOUR—TIME LIMIT: 130 MINPART 1 DICTATION 15 MINListen to the following passage. Altogether the passage will be read to you four times: During the first reading, which will be read at normal speed, listen and try to understand the meaning. For the second and third readings, the passage will be read sentence by sentence, or phrase by phrase, with intervals of 15 seconds. The last reading will be read at normal speed again and during this time you should check your work. You will then be given 2 minutes to check through your work once more.PART 2 LITENING COMPREHENSION 20 MINSECTION A CONVERSATIONSIn this section, you will hear several conversations. Listen to the conversations carefully and then answer the questions that follow.Questions 1 to 3 are based on the following conversation. At the end of the conversation you will be given 15 seconds to answer the questions.1.According to the conversation, an example of“Christmas trimmings”could beA. presents.B. fruitsC. sauceD. meat2.A Christmas lunch would include all the following EXCECTA. roast turkeyB. sweet potatoesC. meatD. carrots3.Why did Helen come to Rob?s house?A. She wanted to talk to Bob.B. She had come to help Bob.C. She had been invited to lunch.D. She was interested in cooking.Questions 4 to 7 are based on the following conversation. At the end of the conversation you will be given 20 seconds to answer the questions.4.Why did the woman phone the club?A. She wanted to know more about it.B. She was a new comer and felt lonely.C. She wanted to learn a new language.D. She was interested in social activities.5.We learn from the conversation that the clubA. mainly organize language activities.B. accepts members from local students.C. has been set up for a long time.D. is increasing its membership.6.According to the conversation, the woman might come to practice German onA. Wednesday.B. Tuesday.C. Monday.D. Friday.7.What is the man going to do after the conversation?A. Call up the woman for her address.B. Wait for the woman to call him again.C. Mail the woman some information.D. Wait for the woman to pick up a form.Questions 8 to 10 are based on the following conversation. At the end of the conversation you will be given 15 seconds to answer the questions.8.According to the woman, what actually makes her job difficult?A. Difficult questions from interviewees.B. Embarrassing requests from interviewees.C. Lack of professional background.D. Lack of interviewing skills.9.The woman uses all the following adjectives when talking about attending job fairs EXCEPTA. prospective.B. useful.C. important.D. tiring.10. We learn from the conversation that the womanA. works better at job fairs.B. prefers honest people.C. often works on her own.D. is experienced in her work.SECTION B PASSAGESIn this section, you will hear several passages.Listen to the passages carefully and then answer the questions that follow.Questions 11 to 13 are based on the following passage. At the end of the passage you will be given 15 seconds to answer the questions.11. According to today?s weather forecast, which part of Europe has dry weather?A. Scandinavian mountain.B. Northwestern Europe.C. Northern Europe.D. Southern Europe.12. In which part of Europe does the weather stay both fine and cool?A. Southern Europe.B. Northern Europe.C. Eastern Europe.D. Northwestern Europe.13. In which region will the weather change tomorrow?A. Northern parts of the Mediterranean.B. Eastern parts of the Mediterranean.C. Central parts of the Mediterranean.D. Southern parts of the Mediterranean.Questions 14 to 17 are based on the following passage. At the end of the passage you will be given 20 seconds to answer the questions.14.According to the passage, what benefit can technology bring to people?A. Closer contact with modern devices.B. Greater changes in social organization.C. Better understanding of mass media.D. More useful information to better their life.15.The speaker questions about everybody?s access to technological advances. The main reason is16.According to the UN plan, all the following will be achieved within ten yearsEXCEPT A. giving everyone a radio or TV.B. starting to carry out the scheme in ten years.C. offering internet service to more people.D. providing more job opportunities.17.What could be topic of the passage?A. Growth in telecommunications.B. Technology and the developing world.C. Education and medical care.D. Building an information society.Questions 18 to 20 are based on the following passage. At the end of the passage you will be given 15 seconds to answer the questions.18. People in Latin America wear something ______ to express their hopes for wealth in the New Year.A. newB. redC. whiteD. yellow 19. Which of the following NewYear?s traditions signals friendship? A. Throwing old dishes. B.Wearing something red. C. Wearing something white. D. Eatinground fruits.20. Which of the following is NOT mentioned as one?s own New Year?s tradition?A. Watching TV at home.B. Going to bed early.C. Visiting friends.D. Running and shouting outside.SECTION C NEWS BROADCASTIn this section, you will hear several news items. Listen to the passages carefully and then answerthe questions that follow.Questions 21 to 22 are based on the following news. At the end of each news item, you will be given 10 seconds to answer the questions.21.What is happening to the schools in Fairfax County this school year?A. 15 schools have started social studies.B. 15 schools have used digital textbooks.C. Students are ready to use electronic resources.D. Digital textbooks are used for social studies.22. With digital textbooks, schools have saved about ______ million dollars.A.1B.2C.3D.4Questions 23 to 24 are based on the following news. At the end of each news item, you will be given 10 seconds to answer the questions.23. Who found the suspicious item at the airport?A. TSA agents.B. FBI agents.C. The police.D. Passengers.24.Which of the following statement is INCORRECT?A. The terminal was closed temporarily afterwards.B.There was a thorough search inside the airport.C. Passengers at the airport were safe and sound.D.The security authorities identified the explosives.Questions 25 to 26 are based on the following news. At the end of each news item, you will be given10 seconds to answer the questions.25. According to the news item, doctors use art therapy to treat the following problems EXCEPTA. alcohol abuse.B. smoking.C. depression.D. schizophrenia.26. Why did doctors introduce art therapy in the first place?A. To prevent patients from smoking.B. To better understand patients.C. To get patients occupied.D. To teach patients some skills.Questions 27 to 28 are based on the following news. At the end of each news item, you will be given10 seconds to answer the questions.27.What is the main purpose of the new rules?A. To reduce the number of pilots on duty.B. To prevent pilots from working overtime.C. To ensure an adequate amount of sleep.D. To fix the amount of work for each pilot.28.The Independent Pilots Association was unhappy about the new rules becausethey A. had only covered cargo plane pilots.B. had failed to cover all the pilots.C. would be put into effect in two years.D. would be too costly if implemented.Questions 29 to 30 are based on the following news. At the end of each news item, you will be given10 seconds to answer the questions.29.Why is increase in livestock production necessary?30.What does the word“challenge”mean in the news item?A. Balance between human survival and ecology.B. Conflict between less land and more production.C. Difference between present and future needs.D. Calls by environmental critics to consume less meat.PART 3 CLOZE 15 MINDecide which of the choices given below would best complete the passage if inserted in the correspondi ng blanks. Mark the best choice for each blank on Answer Sheet Two.Everyone knows that taxation is necessary in a modern state: without it, it (31) _____ not be possible to pay the soldiers and policemen who protect us; (32) _____ the workers in government offices who (33) _____ our health, our food, our water, and all the other things that we cannot do for ourselves. (34) _____ taxation, we pay for things that we need just (35) _____ we need somewhere to live and something to eat. But (36) _____ ever yone knows that taxation is necessary, different people have different ideas about (37)____ taxation should be arranged.In most countries, a direct tax on (38) _____, which is called income tax, (39) _____. It is arranged in such (40)______ that the poorest people pay nothing, and the percentage of tax grows (41) ____ as the taxpayer's inco me grows. In some countries, for example, the tax on the richest people (42)______ as high as ninety-five per c ent! (43) _____ countries with taxation nearly (44) _____ have indirect taxation too. Many things imported into the country have to pay taxes or“ duties. Of” course, it is the men and women who buy these imported thing s in the shops (45)______ really have to pay the duties, in the (46) ______ of higher prices. In some countries, (47) _____, there is a tax on things sold in the shops. If the most necessary things are taxed, a lot of money is (48) ____ but the poor people suffer most. If unnecessary things (49)___ jewels and fur coats are taxed, less m oney is obtained but the tax is (50) ______as the rich pay it.Probably this last kind of indirect tax, together with a direct tax on incomes which is low for the poor and highf or the rich, is the best arrangement.PART 4 GRAMMAR & VOCABULARY15 MINThere are thirty sentences in this section. Beneath each sentence there are four words or phrases marked A, B, C and D. Choose one word or phrase that best completes the sentence. Mark your answers on Answer Sheet Tw o.51.Facing the board of directors, hedidn?t deny ________ breaking theagreement. A. himB. itC. hisD. its52.Xinchun returned from aboard a different man. The italicized part functions as a (n) ______.A. appositive (同位语 )B. objectC.adverbialD. complement.53.Which of the following is a compound word (复合词 )? ______.A. Nonsmoker.B. Deadline.C. Meanness.D. Misfit.54.Which of the following sentences contains subjunctive mood? ______.A. Lucy insisted that her son get home before 5o?clock?B. She used to drive to work, but now she takes the city metro.C.Walk straight ahead, and don't turn till the second traffic lights. D.Paul will cancel his flight if he cannot get his visa by Friday.55.The following determiners(限定词 ) can be used with both plural and uncountablenouns EXCEPT ______.A. moreB.enough.C.many.D.such.56.Which of the italicized parts indicates CONTRAST? ______.A. She opened the door and quietly went in.B. Victoria likes music and Sam is fond of sports.C. Think it over again and you? ll get an answer.D. He is somewhat arrogant, and I don't like this.57.Which of the following CANNOT be used as a nominal substitute(名词替代词 )? ______.A. Much.B.Neither.C.One.D.Quarter.58.All the following sentences definitely indicate future time EXCEPT ______.A.Mother is to have tea with Aunt Betty at four.B.The President is coming to the UN next week.C.The school pupils will be home by now.D.He is going to email me the necessary information.59.Which of the following sentences is grammatically INCORRECT? ______.A. Politics are the art or science of government.60.Which of in the following phrases indicates a subject-predicate relationship? ______.A. The arrival of the touristsB. The law of NewtonC. The occupation of the islandD. The plays of Oscar Wilde61.Which of the following italicized parts serves as an appositive? ______.62.Which of the following is NOT an imperative sentence? ______.A. Let me drive you home, shall I?B. You will mind your own business!C. Come and have dinner with us.D.I wish you could stay behind. ,63.If it ______ tomorrow, the match would be put off.64.Which of the following sentences expresses a fact? ______.A. Mary and her son must be home by now.B.Careless reading must give poor results.C. It?s getting late, and I must leave now.D.He must be working late at the office.65.The following are all dynamic verbs(动态动词 ) EXCEPT ______.A. remain.B. turn.C.write. D.knock.66.____ to school life was less difficult than the pupil had expected.A.AdheringB.AdoptingC.AdjustingD.Acquainting67.He is fed up with the same old dreary routine, and wants to quit his job. The underlined part means _________.A. dullB.boring C.long D.hard68.At last night?s party Larry said something that I though was beyond me. Theunderlined part means ________.A. I was unable to doC. I was unable to stopB. I couldn?t understandD. I couldn?t tolerate69. The couple ______their old house and sold it for a vast profit.A. did forB. did inC.did withD. did up70. Sally contributed a lot to the project, but she never once accepted all the ____ for herself.A.creditB.attentionC.focusD.award71.The child nodded, apparently content with his mother?s promise. The underlinedpart means _________.A. as far as one has learntB.as far as one is concerned C.as far as one can seeD. as far as one is told72.The ________ that sport builds character is well accepted by people nowadays.A.issueB.argumentC.pointD.sentence73.Everyone in the office knows that Melinda takes infinite care over her work.The underlined part means ________.A. limitedB. unnecessaryC. overdueD. much74.The new measure will reduce the chance of serious injury in the event of an accident.The underlined part means _________.A. if an accident happensB. if an accident can be preventedC. before an accidentD. during an accident75.Traditionally, local midwives would ________ all the babies in the area.A. handleB. produceC. deliverD. help76.No food or drink is allowed on the premises. The underlined part means ________.A. propositionB. advertisementC. buildingD. street77.The court would not accept his appeal unless ________ evidence is provided.A.conclusiveB.definiteC.eventualD.concluding78.As soon as he opened the door, a ________ of cold air swept through the house.A. flowB. movementC. rushD. blast79.She really wanted to say something at the meeting, but eventually ________ from it.A. preventedB. refrainedC. limitedD.restricted80.The couple told the decorator that they wanted their bedroom gaily painted. The underlined part means ___ ______. A.brightlyB. light-heartedlyC. cheerfullyD. lightlyPART V READING COMPREHENSION25 MINIn this section there are four passages followed by questions or unfinished statements, each with four sug gested answers marked A, B, C and D. Choose the one that you think is the best answer. Mark your answers on Answer Sheet Two.TEXT AThe art of public speaking began in ancient Greece over 2,000 years ago. Now, twitter, instant messaging, e-mail, blogs and chat forums offer rival approaches to communication - but none can replace the role of a greatspee ch.The spoken word can handle various vital functions: persuading or inspiring, informing, paying tribute, enterta ining, or simply introducing someone or something or accepting something. Over the past year, the human voice has helped guide us over the ups and downs of what was certainly a stormy time.Persuasion is used in dealing with or reconciling different points of view. When the leaders met in Copenhagenin December 2009, persuasive words from activists encouraged them to commit themselves to fir mer action. Inspirational speeches confront the emotions. They focus on topics and matters that are close to pe ople's hearts. During wars, generals used inspiring speeches to prepare the troops for battle.A speech that conveys knowledge and enhances understanding can inform us. The information must be clear, a ccurate, and expressed in a meaningful and interesting way. （流行病） announced, the idea of“swineflu ” many people. Informative speeches from World Health Organization officials helped people to keep their panic under control so they could take sensible precautions.Sad events are never easy to deal with but a speech that pays tribute to the loss of a loved one and gives praise for their contribution can be comforting. Madonna's speech about Michael Jackson,after his death, highlighted the fact that he will continue to live on through his music.It's not only in world forums where public speaking plays an important role. It can also be surprisingly helpful in the course of our own lives.If you?re taking part in a debate you need to persuade the listeners of the soundness ofyour argument. In sports, athletes know the importance of a pep talk （鼓舞士气的讲话） before a match to inspire teammates. You yourself may be asked to do a presentation at college or work t o inform the others about an area of vital importance.On a more personal level, a friend may be upset and need comforting. Or you might beasked to introduce a speaker at a family event or to speak at a wedding, where your language will be needed to move people or make them laugh.Great speaking ability is not something we're born with. Even Barack Obama works hardto perfect every speech. For a brilliant speech, there are rules that you can put to good use. To learn those rules you have to practice and learn from some outstanding speeches in the past.81.The author thinks the spoken word is still irreplaceable because ______.A. it has always been used to inspire or persuade people.B. it has a big role to play in the entertainment business.C. it plays important roles in human communication.D. it is of great use in everyday-life context.82.Which of the following statements is INCORRECT about the role of public speaking? _____A. Speeches at world forums can lead to effective solutions to world problems.B. Speeches from medical authorities can calm people down in times of pandemics.C. The morale of soldiers before a battle can be boosted by senior officers' speeches.D. Speeches paying tribute to the dead can comfort the mourners.83. Public speaking can play all the following roles EXCEPT______.A. to convince people in a debate.B. to inform people at a presentation.C. to advise people at work.D. to entertain people at a wedding.84. According to the passage, which of the following best explains the author's view on ______“great speaking ability”?85.What is the main idea of the passage? ______.A. Public speaking in international forums.B. The many uses of public speaking.C. Public speaking in daily life context.D. The rules of public speaking.TEXT BEvery business needs two things, says Skullcandy CEO Rick Alden: inspiration and desperation. In 2001, Alden had both. He'd sold two snowboarding businesses, and he was desperately bored. But he had an idea: He wan ted to make a new kind of headphone. I kept seeing people missing their cell phone calls because they were list ening to music,” he explains. Then I'm in a chairlift, I've got my headphones on, and I realize my phone is rin ging. As 1 take my gloves off and reach for my phone, I think, “ It can't be that tough to make headphones with two plugs, one for music and one for your cell phone”. Alden described what he wanted to a designer, perfe cted a prototype, and outsourced（外包） manufacturing overseas.Alden then started designing headphones into helmets, backpacks - anywhere that would make it easy to listen to music while snowboarding. “Selling into board and skate shops wasn't a big research effort,” he explains. “Those were the only guys I knew!”Alden didn?t want to be a manufacturer. And by outsourcing, he'd hoped he could get thebusiness off the ground without debt. But he was wrong. So he asked his wife,“Can I puta （抵押贷款） on the house? She said, What is the worst thing that can happen? Welose the house, we sell our cars, and we start all over again?I. definitely married the rightwoman!”For the next two years, Alden juggled mortgage payments and payments to his manufacturers“.Factories won 't ship your product till they get paid,”he says.“But it takes four or five months to get a mortgage company so upset that they knock on your door. So we paid the factory first”.Gradually, non-snowboarders began to notice the colorful headphones. In 2006, the company started selling the m in 1,400 FYE (For Your Entertainment) stores.“ We knew that nine out often people walking into that store would be learning about Skullcandy for the first time. Why would they look at brands they knew and take hom e a new brand instead? We had agreed to buy back anything we didn?t sell, but we were dealing with huge num bers. It?d kill us to take back all the productsAlden?s fears faded as Skullcandy became the No. 1 headphone seller in those stores andtripled its revenue to $120 million in one year. His key insight was that headphones weren?tgadgets; they were a fashion accessory“. In the beginning,” he says,“ that little white wire that said youha d an iPod ---that was cool. But now wearing the white bud means you?re just like everyone else. Headphones occupy this critical piece of cranial real estate and are highly visible”.Today, Skullcandy is America's second-largest headphone supplier, after Sony. With 79 employees, the compan y is bigger than Alden ever imagined.86.Alden came up with the idea of a new kind of headphone because he ______.A. was no longer in snowboarding business.B. had no other business opportunities.C. was very fond of modern music.D. saw an inconvenience among mobile users.87.The new headphone was originally designed for ______.A. snowboarders.B. motorcyclists.C.mountain hikers. D.marathon runners.88.Did Alden solve the money problem? ______.A. He sold his house and his cars.B. Factories could ship products before being paid.C. He borrowed money from a mortgage company.D. He borrowed money from his wife's family.89.What did Alden do to promote sales in FYE stores? ______.A. He spent more money on product advertising.B. He promised to buy back products not sold.C. He agreed to sell products at a discount.D. He improved the colour design of the product.90.Alden sees headphones as ______.A. a sign of self-confidence.B. a symbol of status.C. part of fashion.D. a kind of device.TEXT CI was standing in my kitchen wondering what to have for lunch when my friend Taj called.“ Sit down, ” she said. I thought she was going to tell me she had just gotten the haircut from hell. Ilaughed and said,“It can't be that bad”.But it was. Before the phone call, I had 30 years of retirement saving in a“safe” fund witha brilliant financial guru （金融大亨） .When I put down the phone, my savings weregone. I felt as if I had died and, for some unknown reason, was still breathing. SinceBernie Madoff?s arrest on charges of running a $65 million Ponzi scheme, I'veread many articles about how we investors should have known what was going on. I wishI could say I had reservations about Madoff before“the Call” , but I did not.On New Year's Eve, three weeks after we lost our savings, six of us Madoff people gathered atTaj's house for dinner. As we were sitting around the table, someone asked,“If you could haveyour money back right now, but it would mean giving up what you have learned by losing it,would you take the money or would you take what losing the money has given you?”My husband was still in financial shock. He said, “ I just want the money back.” I wasn't certain where I sto od. I knew that losing our money had cracked me wide open.?dI been walking around like what the Buddhists call a hungry ghost: always focused on the bite that was yet to come, not the one in my mouth. No matter how much I ate or had or experienced, it didn?t satisfy me, because I wasn?t really taking it in, wasn't absorbing it. Now I was forced to pay attention. Still, I couldn't honestly say that if someone had offered me the money bac k, I would turn it down.But the other four all said that what they were seeing about themselves was incalculable, andthey didn?t think it would have become apparent without the ground of financial stability beingripped out from underneath them.My friend Michael said,I ?d started to get complacent. It?s as if the muscles of my heart started to atrophy（萎缩） . Now they?re awake, alive— and I don?t want to go back.”Theseweren?tjust empty words. Michael and his wife needed to take in boarders to meet their expenses. Taj was so broke tha t she was moving into someone?s garage apartment in three weeks. Three friends had declared bankruptcy andweren't sure where or how they were going to live.91.What did the author learn from Taj?s call?A. had got an awful haircut.B. They had lost their retirement savings.C. Taj had just retired from work.D. They were going to meet for lunch.92.How did the author feel in the following weeks?A. Angry.B.Disappointed.C.Indifferent.D.Desperate.93.According to the passage, to which was she“ forced to pay attention”?A. Her friends.B. Her husband.C.Her lost savings. D.Her experience.94.Which of the following statements is CORRECT about her friends?A. Her friends valued their experience more.B. Her friends felt the same as she did.C. Her friends were in a better financial situation.D Her friends were more optimistic than she.95.What is the message of the passage?A. Desire for money is human nature.B. One has to be decisive during crises.C. Understanding gained is more important than money lost.D. It is natural to see varied responses to financial crises.TEXT DIn the 19th century, there used to be a model of how to be a good person. There are all these torrents of passion flowing through you. Your job, as captain of your soul, is to erect dams to keep these passions in check. Your jo b is to just say no to laziness, lust, greed, drug use and the other sins.These days that model is out of fashion. You usually can?t change your behaviour by simply resolving to doso mething. Knowing what to do is not the same as being able to do it.Your willpower is not like a dam that can block the torrent of self-indulgence. It's more like a muscle, which ti res easily. Moreover, you're a social being. If everybody around you is overeating, you?ll probably do so, too. The 19th-century character model was based on an understanding of free will. Today, weknow that free will is bounded. People can change their lives, but ordering change is notsimple because many things, even within ourselves, are beyond our direct control.Much of our behaviour, for example, is guided by unconscious habits. Researchers atDuke University calculated that more than 40 percent of the actions we take are governed byhabit, not actual decisions. Researchers have also come to understand the structure of habits—cue, routine, reward.You can change your own personal habits. If you leave running shorts on the floor atnight, that'll be a cue to go running in the morning. Don?t try to ignore your afternoon snackcraving. Every time you feel the cue for a snack, insert another routine. Take a walk.Their research thus implies a different character model, which is supposed to manipulate。

常熟理工学院2012〜2013学年第二学期20XX 级后续课《金融英语》考查试卷（I 卷）试题总分：Part I Listening Comprehension©' 25=50')Section A Short ConversationsListe n carefully and choose the best an swer to the questi on after each conv ersatio n.1. Which of the following is NOT among the four major commercial banks of China?A. Ba nk of China.B. China Co nstruction Ba nk.C. I ndustrial and Commercial Ba nk of Chi na.D. The People's Bank of Chi na.2. Which of the following is NOT mentioned in the dialog?A. China Mercha nts Ban k.B. I ndustrial Ba nk Co., Ltd.C. China Citic Bank.D. Chi na Min she ng Banking Corp. Ltd. 3. What is the man accord ing to the dialog?A. A bank man ager.B. A clerk of a foreig n bank.C. A uni versity stude nt.D. A teacher from a college.4. Which of the followi ng has the right to decide the preside nt of BOC?A. The shareholders.B. The shareholders' meet ing.C. The Board of Directors.D. The Preside nt Office.5. A. The man lost his checkbooks.B. The man lost his passport.C. The man lost his password.D. The man lost his passbook. 6. A. Hous ing loa n.B. Foreig n curre ncy loa n.C. Dollar loa n.D. Credit loa n. 7. A. Jan uary 24. B. February 31. C. Jan uary 25. D. February 26.8. A. Payme nt by dema nd drafts. B. Payme nt by collectio n.C. Payme nt by letters of credit.D. Payme nt by remitta nee. 9. A. To avoid problems aris ing from in flatio n.B. To preve nt possible fraud.C. To avoid problems aris ing from fluctuati ons of excha nge rate.D. To preve nt overdraw ing. 10. A. In spect ion certificate. B. Certificate of origi n. C. In sura nee policy. D. Bill of ladi ng.Section B Long ConversationListe n to the conv ersati on carefully and choose the best an swer to each of the questio ns below.11. Which of the following statements was mentioned in the magazine The Banker?A. BOC ranked the 9th amo ng the world's top 1,000 banks in 2007.B. BOC is one of the four big commercial banks of China.C. The developme nt of BOC is un believable.D. The top man ageme nt of BOC is young and effective. 12. What are the main sect ions un der the top man ageme nt of BOC?A. Corporate banking sect ion and retail banking sect ion.B. Security sect ion and supervisory sect ion.C. Operati onal sect ion and supervisory sect ion.D. Audit ing sect ion and in spect ion secti on. 13. Which do you think is NOT the duty of the supervisory section?A. Audit ing the ban k's acco un ts.B. Han dli ng gen eral affairs.C. Being resp on sible for the security of the ban k..D. Oversee ing the banking operati on. 14. What is the bus in ess scope of the operati onal secti on?A. Banking bus in ess.B. Gen eral bus in ess.C. Support ing bus in ess.D. All items men ti oned above.15. Which of the followi ng is NOT men ti oned among the bus in esses offered by BOC?A. Retail banking.B. Docume ntary letter of credit.C. On li ne banking or e-ba nking.D. Finan cial advisory service. Section C PassagesDirecti ons: In this sect ion, you will hear three short passages. At the end of each passage, you will hear some questi ons. The passages and the questions will be spoken only once. After you hear a question, you must choose the best answer from the four choices marked A, B, C and D. The n mark the corresp onding letter on the ANSWER SHEET with a si ngle line through the cen ter.Passage One16. A. 1992 B. 1993 C. 1994 D. 199517. A. The People's Bank of China. B. China Foreig n Excha nge Tradi ng Cen ter.C. I nter-ba nk Foreig n Excha nge Market.D. The State Admi nistratio n of Foreig n Excha nge.18. A. 1%0.3% C. 0.5% Passage Two19. A. High risk. B. A type of credit product. 20. A. Collateral loan. B. Educati on loa n.21. A.1952 B.1958 D. 0.4% C. High in terest. D . A ki nd of revolvi ng loa n C. Mortgage loa n. D . Commercial loa n. C.1962 D . 1968C. Public con fide nce in the in surers rema ined low.D. A rise in Tokyo stock helped improve the bala nce sheets of life in surers.Part II. Reading Comprehension (30 ')Section A (1 '*10=10 ')Directions: Each of the following sentences is provided with four choices. Choose the one that best completes the sentence.26. Although the compa ny showed a profit, the bala nce sheet looks in creas in gly .A. brightB. dimC. shallowD. fragile 27. _ money refers to curre ncy issued on the basis of ban k's credit in stead of gold reserve. A. Fair B. Fiduciary C. FixedD. Deposit 28. In creased flows of world capital inten sify finan cial competiti on among n ati ons. This trend places pressures on n ati onal gover nment to their domestic markets and liberalize intern ati onal capital moveme nts.A. removeB. settleC. deregulateD. con trol 29. Many finan cial tran sacti ons are _ sheet items such as in terest rate swaps and are not clearly ide ntified through the usual report ingcha nn els.A. zeroB. capitalC. off-bala nceD. major30. The ban kers _ the steel compa ny's new shares, which means the share issue will be sold to the ban kers in stead of the public directly. A. un derwrite B. un dercharge C. un dertakeD. un derestimate 31. With no in terest rate _ on deposits or restrict ions on maturities, banks can offer any deposit product customers dema nd. A. cutB. ceili ngsC. dema ndD. con tract 32. From ban k's perspective, liabilities have become more in terest elastic, so that small rate cha nges can produce large fluctuati ons in bala nces.A. outsta ndingB. outreach ingC. rema iningD. dema nding33. Checks are attractive because they are readily accepted and provide formal _______________ of payment. A. credit B. verificati onC. clarityD. collectio n 34. Normally, ____ capital loans are secured by accounts receivable or by pledges of inventory and carry a floating interest rate on theamounts actually borrowed aga inst the approved credit line.A. curre ntB. stockC. work ingD. Ion g-term35. Dealers in gover nment and private securities n eed short-term financing to purchase new securities and carry their exist ing portfolios ofsecurities un til those securities are sold to customers or reach ________ .A. bus in essB. marketsC. maturityD. objectiveSection B (2*10=20 * Directi ons: Read the passages and choose the right an swer for each questio n.Passage 1Text ?36. How many types of banks or banking in stitutio ns are men ti oned in the lecture?A. 5.B. 4.C. 52.D. 183.37. Which of the follow ing is NOT a join t-equity commercial bank? A. China Min she ng Ba nki ng Corp. Ltd. B. Bank of East Asia.C. China Citic Bank.D. Bank of Commun icati ons.38. How many bran ches and sub-bra nches have foreig n banks set up in China accord ing to the speaker?A. 264.B. 177.C. 183.D. 235. 39. Which of the follow ing was once ran ked amon gst the top three stron gest banks in Chin a's mainland?A. Chi na In dustrial Ba nk.B. Ba nk of East Asia.C. China Mercha nts Ba nk.D. Sha nghai Pudo ng Developme nt Ban k.40. Which of the following is a wholly foreign-owned bank?A. Chi na Min she ng Ba nki ng Corp., Ltd.B. Chi na Citic Bank.C. Hong Kong & Shan ghai Banking Corporati on Limited.D. China Export & Import Bank.Passage 2Liabilities are "outsider claims ” , whiche economic obligations, debts payable to outsiders. These outside parties are called creditors.Financial statement users such as creditors are interested in the due dates of an entity's liabilities. The sooner a liability must be paid, the more curre nt it is. Liabilities that must be paid on the earliest future date create the greatest stra in on cash. Therefore, the bala nce sheet lists liabilities in the order in which they are due. Knowing how many of a bus in ess's liabilities are curre nt and how many are Ion g-term helps creditors assess the likelihood of collecting from the entity. Balance sheets usually have at least two liability classifications: current liabilities and Iong-term liabilities.Current liabilities are debts that are due to be paid with in one year or with the en tity's operati ng cycle. Notes payable due with in one year, salary 22. A. It is a ki nd of short-term loa n.C. It is supposed to pay back at one time.Passage Three23. A. A rise in Tokyo stock.B. It is also called bridge loa n. D. Its maturity exceeds five years.C. Negative spread.24. A. Rise. B. Fall. 25. A. The value of outsta nding policies went dow n. B. Japa n's life in sura nee firms. D. Japa nese life in surers' difficult situati on.C. Rema in un cha nged.D. Not sure. B. Life in surers' n egative spreads ten ded to grow small.payable, unearned reve nue, and in terest payable owed on no tes payable are curre nt liabilities.Long-term liabilities are those liabilities other than current ones.41. The liabilities are classified as current or Iong-term liabilities according to _ .A. the liquidity of the liabilityB. the future date when the liability must be paidC. the operati ng cycleD. one year42. Liabilities are __ .A. money borrowed from banksB. money received from creditorsC. "outsider claims ” which are economic obligations, debts payable to outsidersD. notes receivable43. Which of the followi ng is current liability?A. cashB. inventoryC. salary payableD. money from the bank44. Which of the following is Iong-term liability?A. debt payable due with 10 yearsB. inven toryC. unearned revenueD. note payable due withi n 6 mon ths45. For a note payable to be paid in in stallme nts with in 5 years, which of the follow ing stateme nts is correct?A. The first installment due within one year is a current liability.B. The first installment due within one year is a Iong-term liability.C. All the in stallme nts due are Ion g-term liabilities.D. All the in stallme nts due are curre nt liabilities.Part ill. Translation (2‘ *=10')Part IV. Writing (10 ')Directions: You are asked to write a report on Bank of China with 120 words to make the brief introduction of BOC s orga ni zati ons and developme nt.。

2013 MBA英语二真题及答案详解Section I Use of EnglishDirections:Read the following text. Choose the best word(s) for each numbered blank and mark A, B, C or D on ANSWER SHEET 1. (10 points)Given the advantages of electronic money, you might think that we would move quickly to the cashless society in which all payments are made electronically. 1 a true cashless society is probably not around the corner. Indeed, predictions have been 2 for two decades but have not yet come to fruition. For example, Business Week predicted in 1975 that electronic means of payment would soon "revolutionize the very 3 of money itself," only to 4 itself several years later. Why has the movement to a cashless society been so 5 in coming?Although electronic means of payment may be more efficient than a payments system based on paper, several factors work 6 the disappearance of the paper system. First, it is very 7 to set up the computer, card reader, and telecornmunications networks necessary to make electronic money the 8 form of payment Second, paper checks have the advantage that they 9 receipts, something thai many consumers are unwilling to 10 . Third, the use of paper checks gives consumers several days of "float" - it takes several days 11 a check is cashed and funds are 12 from the issuer's account, which means that the writer of the check can cam interest on the funds in the meantime. 13 electronic payments arc immediate, they eliminate the float for the consumer.Fourth, electronic means of payment may 14 security and privacy concerns. We often hear media reports that an unauthorized hacker has been able to access a computer database and to alter information 15 there. The fact that this is not an 16 occurrence means that dishonest persons might be able to access bank accounts in electronic payments systems and 17 from someone else's accounts. The 18 of this type of fraud is no easy task, and a new field of computer science is developing to 19 security issues. A further concern is that the use of e lectronic means of payment leaves an electronic 20 that contains a large amount of personal data. There are concerns that government, employers, and marketers might be able to access these data, thereby violating our privacy.1. [A] However [B] Moreover [C] Therefore [D] Otherwise2. [A] off [B] back [C] over [D] around3. [A] power [B] concept [C] history [D] role4. [A] reward [B] resist [C] resume [D] reverse5. [A] silent [B] sudden [C] slow [D] steady6. [A] for [B] against [C] with [D] on7. [A] imaginative [B] expensive [C] sensitive [D] productive8. [A] similar [B] original [C] temporary [D] dominant9. [A] collect [B] provide [C] copy [D] print10. [A] give up [B] take over[C] bring back [D] pass down11. [A] before [B] after [C] since [D] when12. [A] kept [B] borrowed [C] released [D] withdrawn13. [A] Unless [B] Until [C] Because [D] Though14. [A] hide [B] express [C] raise [D]ease15. [A] analyzed [B] shared [C] stored [D] displayed16. [A] unsafe [B] unnatural [C] uncommon [D] unclear17. [A] steal [B] choose [C] benefit [D] return18. [A] consideration [B] prevention [C] manipulation [D] justification19. [A] cope with [B] fight against [C] adapt to [D] call for20. [A] chunk [B] chip [C] path [D] trailSection II Reading ComprehensionPart ADirections:Read the following four texts. Answer the questions below each text by choosing A, B, C or D. Mark your answers on ANSWER SHEET 1. (40 points)Text 1In an essay entitled “Making It in America”, the author Adam Davidson relates a joke from cotton about just how much a modern textile mill has been automated: The average mill only two employees today,”a man and a dog. The man is there to feed the dog i s there to keep the man away from the machines.”Davidson’s article is one of a number of pieces that have recently appeared making the point that the reason we have such stubbornly high unemployment and declining middle-class incomes today is also because of the advances in both globalization and the information technology revolution, which are more rapidly than ever replacing labor with machines or foreign worker.In the past, workers with average skills, doing an average job，could earn an average lifestyle ,But ,today ,average is officially over. Being average just won’t earn you what it used to. It can’t when so many more employers have so much more access to so much more above average cheap foreign labor, cheap robotics, cheap software, cheap automation and cheap genius. Therefore, everyone needs to find their extra-their unique value contribution that makes them stand out in whatever is their field of employment.Yes, new technology has been eating jobs forever, and always will. But there’s been an acceleration. As Davidsonnotes,”In the 10 years ending in 2009, [U.S.] factories shed workers so fast that they erased almost all the gains of the previous 70 years; roughly one out of every three manufacturing jobs-about 6 million in total -disappeared.There will always be changed-new jobs, new products, new services. But the one thing we know for sure is that with each advance in globalization and the I.T. revolution, the best jobs will require workers to have more and better education to make themselves above average.In a world where average is officially over, there are many things we need to do to support employment, but nothing would be more important than passing some kind of G.I.Bill for the 21st century that ensures that every American has access to poet-high school education.21. The joke in Paragraph 1 is used to illustrate_______[A] the impact of technological advances[B] the alleviation of job pressure[C] the shrinkage of textile mills[D] the decline of middle-class incomes22. According to Paragraph 3, to be a successful employee, one has to______[A] work on cheap software[B] ask for a moderate salary[C] adopt an average lifestyle[D] contribute something unique23. The quotation in Paragraph 4 explains that ______[A] gains of technology have been erased[B] job opportunities are disappearing at a high speed[C] factories are making much less money than before[D] new jobs and services have been offered24. According to the author, to reduce unemployment, the most important is_____[A] to accelerate the I.T. revolution[B] to ensure more education for people[C] ro advance economic globalization[D] to pass more bills in the 21st century25. Which of the following would be the most appropriate title for the text?[A] New Law Takes Effect[B] Technology Goes Cheap[C] Average Is Over[D] Recession Is BadText 2A century ago, the immigrants from across the Atlantic inclued settlers and sojourners. Along with the many folks looking to make a permanent home in the United States came those who had no intention to stay, and 7millin people arrived while about 2 million departed. About a quarter of all Italian immigrants, for exanmle, eventually returned to Italy for good. They even had an affectionate nickname, “uccelli di passaggio,” birds of passage.Today, we are much more rigid about immigrants. We divide nemcomers into two categories: legal or illegal, good or bad. We hail them as Americans in the making, or our broken immigrantion system and the long political paralysis over how to fix it. We don’t need more categories, but we need to change the way we think about categories. We need to look beyond strick definitions of legal and illegal. To start, we can recognize the new birds of passage, those living and thriving in the gray areas. We might then begin to solve our immigration challenges.Crop pickers, violinists, construction workers, entrepreneurs, engineers, home health-care aides and physicists are among today’s birds of passage. They are energetic participants in a global economy driven by the flow of work, money and ideas .They prefer to come and go as opportunity calls them , They can manage to have a job in one place and a family in another.With or without permission, they straddle laws, jurisdictions and identities with ease. We need them to imagine the United States as a place where they can be productive for a while without committing themselves to staying forever. We need them to feel that home can be both here and there and that they can belong to two nations honorably.Accommodating this new world of people in motion will require new attitudes on both sides of the immigration battle .Looking beyond the culture war logic of right or wrong means opening up the middle ground and understanding that managing immigration today requires multiple paths and multiple outcomes. Including some that are not easy to accomplish legally in the existing system.26 “Birds of passage”refers to those who____[A] immigrate across the Atlantic.[B] leave their home countries for good.[C] stay in a foregin temporaily.[D] find permanent jobs overseas.27 It is implied in paragraph 2 that the current immigration stystem in the US____[A] needs new immigrant categories.[B] has loosened control over immigrants.[C] should be adopted to meet challenges.[D] has been fixeed via political means.28 According to the author, today’s birds of passage want___[A] fiancial incentives.[B] a global recognition.[C] opportunities to get regular jobs.[D] the freedom to stay and leave.29 The author suggests that the birds of passage today should be treated __[A] as faithful partners.[B] with economic favors.[C] with regal tolerance.[D] as mighty rivals.30 选出最适合文章的标题[A] come and go: big mistake.[B] living and thriving : great risk.[C] with or without : great risk.[D] legal or illegal: big mistake.Text 3Scientists have found that although we are prone to snap overreactions, if we take a moment and think about how we are likely to react, we can reduce or even eliminate the negative effects of our quick, hard-wired responses.Snap decisions can be important defense mechanisms; if we are judging whether someone is dangerous, our brains and bodies are hard-wired to react very quickly, within milliseconds. But we need more time to assess other factors. To accurately tell whether someone is sociable, studies show, we need at least a minute, preferably five. It takes a while to judge complex aspects of personality, like neuroticism or open-mindedness.But snap decisions in reaction to rapid stimuli aren’t exclusive to the interpersonal realm. Psychologists at the University of Toronto found that viewing a fast-food logo for just a few milliseconds primes us to read 20 percentfaster, even though reading has little to do with eating. We unconsciously associate fast food with speed and impatience and carry those impulses into whatever else we’re doing, Subjects exposed to fast-food flashes also tend to think a musical piece lasts too long.Yet we can reverse such influences. If we know we will overreact to consumer products or housing options when we see a happy face (one reason good sales representatives and real estate agents are always smiling), we can take a moment before buying. If we know female job screeners are more likely to reject attractive female applicants, we can help screeners understand their biases-or hire outside screeners.John Gottman, the marriage expert, explains that we quickly “thin slice”information reliably only after we ground such snap reactions in “thick sliced”long-term study. When Dr. Gottman really wants to assess whether a couple will stay together, he invites them to his island retreat for a muck longer evaluation; two days, not two seconds.Our ability to mute our hard-wired reactions by pausing is what differentiates us from animals: doge can think about the future only intermittently or for a few minutes. But historically we have spent about 12 percent of our days contemplating the longer term. Although technology might change the way we react, it hasn’t changed our nature. We still have the imaginative capacity to rise above temptation and reverse the high-speed trend.31. The time needed in making decisions may____.[A] vary according to the urgency of the situation[B] prove the complexity of our brain reaction[C] depend on the importance of the assessment[D] predetermine the accuracy of our judgment32. Our reaction to a fast-food logo shows that snao decisions____.[A] can be associative[B] are not unconscious[C] can be dangerous[D] are not impulsive33. Toreverse the negative influences of snap decisions,we should____.[A] trust our first impression[B] do as people usually do[C] think before we act[D] ask for expert advice34. John Gottman says that reliable snap reaction are based on____.[A] critical assessment[B]‘‘thin sliced ’’study[C] sensible explanation[D] adequate information35. The author’s attitude toward reversing the high-speed trend is____.[A] tolerant[B] uncertain[C] optimistic[D] doubtfulText 4Europe is not a gender-equality heaven.In particular, the corporate workplace will never be completely family—friendly until women are part of senior management decisions,and Europe,s top corporate-governance positions remain overwhelmingly male .indeed,women hold only 14 percent of positions on Europe corporate boards.The Europe Union is now considering legislation to compel corporate boards to maintain a certain proportion of women-up to 60 percent.This proposed mandate was born of frustration. Last year, Europe Commission Vice President Viviane Reding issued a call to voluntary action. Reding invited corporations to sign up for gender balance goal of 40 percent female board membership. But her appeal was considered a failure: only 24 companies took it up.Do we need quotas to ensure that women can continue to climb the corporate Ladder fairy as they balance work and family?“Personally, I don’t like quotas,”Reding said recently. “But i like what the quotas do.”Quotas get action: they “open the way to equality and they break through the glass ceiling,”according to Reding, a result seen in France and other countries with legally binding provisions on placing women in top business positions.I understand Reding’s reluctance-and her frustration. I don’t like quotas either; they run counter to my belief in meritocracy, government by the capable. Bur, when one considers the obstacles to achieving the meritocratic ideal, it does look as if a fairer world must be temporarily ordered.After all, four decades of evidence has now shown that corporations in Europe as the US are evading the meritocratic hiring and promotion of women to top position—no matter how much “soft pressure ”is put upon them. When women do break through to the summit of corporate power--as, for example, Sheryl Sandberg recently did at Facebook—they attract massive attention precisely because they remain the exception to the rule.If appropriate pubic policies were in place to help all women---whether CEOs or their children’s caregivers--and all families, Sandberg would be no more newsworthy than any other highly capable person living in a more just society.36. In the European corporate workplace, generally_____.[A] women take the lead[B] men have the final say[C] corporate governance is overwhelmed[D] senior management is family-friendly37. The European Union’s intended legislation is ________.[A] a reflection of gender balance[B] a reluctant choice[C] a response to Reding’s call[D] a voluntary action38. According ti Reding, quotas may help women ______.[A] get top business positions[B] see through the glass ceiling[C] balance work and family[D] anticipate legal results39. The author’s attitude toward Reding’s appeal is one of _________.[A] skepticism[B] objectiveness[C] indifference[D] approval40. Women entering top management become headlines due to the lack of ______.[A] more social justice[B] massive media attention[C] suitable public policies[D] greater “soft pressure”Part BDirections:You are going to read a list of headings and a text. Choose the most suitable heading from the list A-F for each numbered paragraph (41-45).Mark your answers on ANSWER SHEET1. (10 points)[A] Live like a peasant[B] Balance your diet[C] Shopkeepers are your friends[D] Remember to treat yourself[E] Stick to what you need[F] Planning is evervthing[G] Waste not, want notThe hugely popular blog the Skint Foodie chronicles how Tony balances his love of good food with living on benefits. After bills, Tony has ?60 a week to spend, ?40 of which goes on food, but 10 years ago he was earning ?130,000 a I year working in corporate communications and eating at London's betft restaurants'" at least twice a week. Then his marriage failed, his career burned out and his drinking became serious. "The community mental health team saved my life. And I felt like that again, to a certain degree, when people responded to the blog so well. It gave me the validation and confidence that I'd lost. But it's still a day-by-day thing." Now he's living in a council flat and fielding offers from literary agents. He's feeling positive, but he'll carry on blogging - not about eating as cheaply as you can - "there are so many people in a much worse state, with barely any money to spend on food" - but eating well on a budget. Here's his advice for economical foodies.41._____________________Impulsive spending isn't an option, so plan your week's menu in advance, making shopping lists for your ingredients in their exact quantities. I have an Excel template for a week of breakfast, lunch and dinner. Stop laughing: it's not just cost effective but helps you balance your diet. It's also a good idea to shop daily instead of weekly, because, being-human, you'll sometimes change your mind about what you fancy.42____________________________________________________________This is where supermarkets and thci; anonymity come in handy. With them,there's not the same embarrassment as when buying one carrot in a little greengrocer. And if you plan properly, you'll know that you only need, say, 350g of shin of beef and six rashers of bacon, not whatever weight is pre-packed in the supermarket chiller.43_________You may proudly claim to only have frozen peas in the freezer - that's not good enough. Mine is filled with leftovers, bread, stock, meat and fish. Planning ahead should eliminate wastage, but if you have surplus vegetables you'll do a vegetable soup, and all fruits threatening to "go off' will be cooked or juiced.44___________________________________Everyone says this, but it really is a top tip for frugal eaters. Shop at butchers,delis and fish-sellers regularly, even for small things, and be super friendly. Soon you'll feel comfortable asking if they've any knuckles of ham for soups and stews,or beef bones, chicken carcasses and fish heads for stock which, more often than not, Theyil letyou have for free.45__________________You won't be eating out a lot, but save your pennies and once every fewmonths treat yourself to a set lunch at a good restaurant - ?1.75 a week for three months gives you ?21 - more than" enough for a three-course lunch atMichelin-starred Arbutus. It's ?16.95 there - or ?12.99 for a large pizza from Domino's: I know which I'd rather eat.Section III TranslationDirections:Translate the following text from English into Chinese. Write your translation on ANSWER SHEET 2. (15 points)I can pick a date from the past 53 years and know instantly where I was , what happened in the news and even the day of the week. I’ve been able to do this since I was four.I never feel overwhelmed with the amount of information my brain absorbs my mind seems to be able to cope and the information is stored away reatly. When I think of a sad memory, I do what everyone does- try to put it to one side.I don’t think it’s hard er for me just because my memory is clearer. Powerful memory doesn’t make my emotions any more acture or vivid. I can recall the day my grandfather died and the sadness I felt when we went to the hosptibal the day before. I also remember that the musical paly Hamopened on the Broadway on the same day- they both just pop into my mind in the same way.47 Writingsuppose your class is to hold a charity sale for kids in need of help. write your classmates an email to1) inform them about the details and2)encourage them to participate 100 words use LiMing.Don't write your address.48 Write an essay based on the following chart in your writing, you should(1)interpret the chart ,and(2)give your commentsYou should write about 150 words.1．【答案】A（However）【解析】空前作者讲到“鉴于电子货币的优势,你也许会认为,我们将快速步入非现金社会,实现完全电子支付。

2013年广东财经大学英语综合能力测试考研真题考试年度：2013年考试科目代码及名称：F-518英语综合能力测试适用专业：050201-英语语言文学试卷编号：A［友情提醒：请在考场提供的专用答题纸上答题，答在本卷或草稿纸上无效！］I.Translate the following into Chinese（30points）1.The Greeks assumed that the structure of language had some connection with theprocess of thought,which took root in Europe long before people realized how diverse languages could be.（3points）2.A man may usually be known by the books he reads as well as by the company hekeeps;for there is a companionship of books as well as of men;and one should always live in the best company,whether it be of books or of men.（3points）3.To go into solitude,a man needs to retire as much from his chamber as from society.I am not solitary whilst I read and write,though nobody is with me.（3points）4.In every poem or work of genius they may see faults and beauties.In almost everyface&very person,they may discover fine feature&defects,good&bad qualities.（3points）5.Women,in my observation,have little or no difference in them,but as they areor are not distinguished by education.Tempers,indeed,may in some degree influence them,but the main distinguishing part is their education.（3points）6.The Englishman appears to be cold and unemotional because he is really slow.When an event happens,he may understand it quickly enough with his mind,but he takes quite a while to feel it.Once upon a time a coach,containing some Englishmen and some Frenchmen,was driving over the Alps.The horses ran away, and as they were dashing across a bridge the coach caught on the stonework,tottered,and nearly fell into the ravine below.The Frenchmen were frantic with terror:they screamed and gesticulated and flung themselves about and gesticulated and flung themselves about,as Frenchmen would.The Englishmen sat quite calm.An hour later the coach drew up at an inn to change horses,and by that time the situations were exactly reversed.The Frenchmen had forgotten all about the danger,and were chattering gaily;the Englishmen had just begun to feel it,and one had a nervous breakdown and was obliged to go to bed.We have here a clear physical difference between the two races—a difference that goes deep into character.The Frenchmen responded at once;the Englishmen responded in time.(15points)II.Translate the following into English(30points)1.中国一直有重视教育的传统，尤其是儿童的教育。