财务管理英文版

1 Examination Problems for Fundamentals of Financial Management

2004-2005 (Paper B)

I. Multiple Choice (20 points) (Please write your answer in the following table)

题号 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

选项

1. ( ) is concerned with the acquisition, financing, and management of assets with some

overall goal in mind.

A. Financial management B. Profit maximization C. Agency theory D. Social

responsibility

2.A major disadvantage of the corporate form of organization is the ( ).

A. double taxation of dividends

B. inability of the firm to raise large sums of additional capital

C. limited liability of shareholders

D. limited life of the corporate form.

3. Interest paid (earned) on both the original principal borrowed (lent) and previous interest earned

is often referred to as ( ).

IM-1 CHAPTER 1 GLOBALIZATION AND THE MULTINATIONAL FIRM SUGGESTED ANSWERS TO END-OF-CHAPTER QUESTIONS

QUESTIONS

1. Why is it important to study international financial management? 

Answer: We We are are are now now now living living living in in in a a a world world world where where where all all all the the the major major major economic economic economic functions, functions, functions, i.e., i.e., i.e., consumption, consumption, 

production, production, and and and investment, investment, investment, are are are highly highly highly globalized. globalized. It It is is is thus thus thus essential essential essential for for for financial financial financial managers managers managers to to to fully fully understand understand vital vital vital international international international dimensions dimensions dimensions of of of financial financial financial management. management. This This global global global shift shift shift is is is in in in marked marked 

1 PART I Fundamentals to Financial Management

第一部分 财务管理导论

Section I Fundamentals to Financial Management

第一节 财务管理概述

1。profit maximization＊利润最大化

1—1 EPS maximization* 每股收益最大化

【讲解】

EPS, earnings per share 每股收益

1-2 Maximization of shareholders wealth＊ 股东财富最大化

e.g。 Shareholder wealth maximization is a fundamental principle of financial

management。 In financial management we assume that the objective of the business

is to maximize shareholder wealth。 This is not necessarily the same as maximizing

profit。

【讲解】

（1）maximization [,mæksimai'zeiʃən］ n。最大化，极大化

（2）minimization [,minimai’zeiʃən， —mi’z—] n。最小化

(3）maximize [’mæksɪmaɪz］ v. 最大化，取……最大值，达到最大值

（4)minimize ['mɪnɪmaɪz］ v. 最小化

（5)minimum n。最小值，最小量 adj.最小的，最低的

（6)maximum n. 极大，最大限度，最大量 adj。最高的，最多的

（7）the same as 和……一样,与……相同

学习成果回顾

【译】股东财富最大化是财务管理的基本原则。在财务管理中我们假定企业的目标就是实现股东财富最大化。该目标与利润最大化不一定相同。

财务英语中英文对照表

A

account 账户

account payable 应付账款

accounting system 会计系统

Accounting Principle Board (APB) （美国）会计准则委员会

accrual basis 权责发生制（应计制）

accumulated depreciation 累计折旧

account FORMat 账户格式

accrue 应计

accounting cycle 会计循环

accounts receivable 应收账款

accounts receivable turnover 应收账款周转率

accelerated depreciation 加速折旧

adjusting entries 调整分录

adjustment 调整

aging of accounts receivable 应收账款账龄分析法

allowance for bad debts 坏账准备

allowance for doubtful accounts 坏账准备

allowance for uncollectible 坏账准备

allowance method 备抵法

allowance for depreciation 折旧备抵账户

amortization 摊销

annual report 年度报告

annuity 年金

assets 资产

audit 审计

auditor’s opinion 审计意见书 auditor 审计师

audit committee 审计委员会

average collection period 平均收账期

AICPA 美国注册会计师协会

APB Opinions 会计准则委员会意见书

B

balance 余额

bad debt recoveries 坏账收回

bad debts 坏账