Stage 5 Testing 1:Multiple-Choice Questions
Now you will be able to check whether you understood the lecture and took sufficient notes to find answers to the questions that you will hear.O.K.,let’s begin this quiz.You will hear 10 questions about the information you heard in the lecture.Each question will be spoken two times,but it will not be written out for you.You must listen very carefully to each question.After hearing a question,you must read the four possible answer choices provided.You will then refer to your notes and select(a),(b),(c)or(d)—whichever is the best choice.
1.
(a)To buy a book online
(b)To loan someone $200 with a check
(c)Both(a)and(b)
(d)None of the above
2.
(a)A unit of account
(b)A medium of exchange
(c)A transfer of risk
(d)A standard of deferred payment
3.
(a)The mortgage market
(b)The bond market
(c)The money market
(d)The insurance market
4.
(a)To make investments
(b)To transfer funds from one account to another
(c)To transfer risk
(d)All of the above
5.
(a)In the consumer credit market
(b)In the money market
(c)In the equity market
(d)In the derivatives market
6.
(a)Treasury notes
(b)Corporate bonds
(c)Warrants
(d)Common stock
7.
(a)They lend money and trade securities for the accounts of their clients
(b)They make loans and accept deposits
(c)They provide payments facilities and insurance services
(d)They engage in discount,custody and mortgage businesses
8.
(a)They are owned by members of a profession
(b)They offer a full range of financial services
(c)They charge lower rates on loans
(d)They are not-for-profit institutions
9.
(a)Mortgage banks and investment banks
(b)Discount banks and mutual funds
(c)Cooperative banks and savings banks
(d)Factoring companies and finance companies
10.
(a)Six
(b)Seven
(c)Eight
(d)Nine