1.
Which of the following is not a features of source documents?
Correct Answer
B. The issuer keeps the original copy for future references.
Explanation
The correct answer is "The issuer keeps the original copy for future references." This is not a feature of source documents because source documents are usually prepared in duplicate or triplicate, with one copy being kept by the issuer for future references. The other features mentioned, such as numbering the documents for control and easy reference, and for income tax reference, are common features of source documents.
2.
Which of the following document is used for recording Returns Outwards Journal?
Correct Answer
B. Debit note
Explanation
A debit note is used for recording Returns Outwards Journal. A debit note is a document issued by a buyer to a seller to inform them about the return of goods or services. It serves as a record of the return and helps in adjusting the accounts payable. Therefore, a debit note is the appropriate document for recording Returns Outwards Journal.
3.
Electricity bill received and payable now, what document should be prepared by the clerk?
Correct Answer
B. Payable Voucher
Explanation
The clerk should prepare a payable voucher in order to document the electricity bill received and payable now. A payable voucher is a document that records the amount owed and provides details such as the vendor's name, invoice number, and payment terms. This document is used to initiate the payment process and ensures that the payment is properly authorized and recorded.
4.
Andy bought 80 items at RM60 each from Tony, less trade discount of 25%. After 2 days, Andy returned 5 items to Tony. The amount stated in the credit note issued by Tony to Andy will be _____________.
Correct Answer
C. RM225
Explanation
After buying 80 items at RM60 each, the total cost for Andy would be 80 * RM60 = RM4800. However, he received a trade discount of 25%, which means he only has to pay 75% of the total cost. So, the amount Andy paid is 75% of RM4800, which is (75/100) * RM4800 = RM3600. After returning 5 items, the total cost for those items would be 5 * RM60 = RM300. Therefore, the credit note issued by Tony to Andy would be RM3600 - RM300 = RM3300. However, the question asks for the amount stated in the credit note, which is the amount after deducting the trade discount of 25% from RM3300. So, the final amount stated in the credit note would be (75/100) * RM3300 = RM2475. Therefore, the correct answer is RM225.
5.
A trade discount is best described as _______________.
Correct Answer
C. A discount given for bulk purchases.
Explanation
A trade discount is a discount given for bulk purchases. This means that when a customer buys a large quantity of a product, they are eligible for a discount on the total price. This type of discount is commonly used in business-to-business transactions, where companies buy goods in large quantities to resell or use in their own operations. By offering trade discounts, sellers can incentivize customers to buy in bulk, which can help increase sales volume and build customer loyalty.
6.
The function of accounting are:
I. auditing and taxation
II. recording and reporting
III. analyzing and interpreting
IV. Classifying and summarizing
Correct Answer
A. I, II
Explanation
The correct answer is I, II. The function of accounting includes auditing and taxation, which involves examining financial records and ensuring compliance with tax regulations. It also includes recording and reporting, which involves keeping track of financial transactions and preparing financial statements. Therefore, options I and II accurately represent the functions of accounting. Options III and IV are not included in the correct answer.
7.
Who are the users of financial reports?
I. shareholders
II. creditors
III. consumers
Correct Answer
A. I, II
Explanation
The users of financial reports are shareholders and creditors. Shareholders are interested in the financial performance and position of a company as they have invested in it. Creditors, on the other hand, need to assess the ability of a company to repay its debts. Consumers are not typically considered as users of financial reports as they are more concerned with the products or services provided by the company rather than its financial information. Therefore, the correct answer is I, II.
8.
The most liquid item in current asset is __________.
Correct Answer
B. Cash in hand
Explanation
Cash in hand is considered the most liquid item in current assets because it represents the actual physical cash available to the company. It can be easily used for immediate payments or to meet short-term obligations. Stock in hand, debtors, and creditors are also current assets, but they may not be as liquid as cash. Stock in hand may take time to sell and convert into cash, debtors represent amounts owed to the company which may take time to collect, and creditors represent amounts owed by the company which may not be immediately due for payment.
9.
Which of the following is related to Nominal accounts?
Correct Answer
A. All revenue and expense accounts
Explanation
Nominal accounts are related to revenue and expense accounts. Revenue accounts record the income generated by a business, such as sales revenue or interest earned. Expense accounts record the costs incurred by a business, such as salaries, rent, or utilities. These accounts are temporary in nature and are closed at the end of each accounting period. In contrast, capital accounts represent the owner's equity in a business, and debit accounts are a broad category that includes all types of accounts.
10.
Which of the following is included in Fixed Assets on the Balance Sheet?
Correct Answer
A. Motor vehicles
Explanation
Fixed assets are long-term tangible assets that are used in the production or operation of a business and are not intended for sale. Motor vehicles are often considered fixed assets because they are used for transportation or delivery purposes and are expected to be used for a significant period of time. Petty cash, debtors, and creditors, on the other hand, are not fixed assets. Petty cash is a small amount of cash kept on hand for minor expenses, while debtors represent amounts owed to the company by customers, and creditors represent amounts owed by the company to suppliers or vendors.
11.
Which of the following does the Balance Sheet show?
Correct Answer
C. The financial position of a business
Explanation
The balance sheet is a financial statement that shows the financial position of a business at a specific point in time. It provides a snapshot of the company's assets, liabilities, and shareholders' equity. The balance sheet helps stakeholders understand the financial health and stability of the business by showing the company's resources (assets), obligations (liabilities), and the ownership interest (equity). Therefore, the correct answer is "the financial position of a business."
12.
What type of discounts would be given by an enterprise to its debtors upon settlement of their debts within a specified period?
Correct Answer
B. Discount allowed
Explanation
An enterprise would give "discount allowed" to its debtors upon settlement of their debts within a specified period. This means that the enterprise is providing a reduction in the amount owed by the debtor as an incentive for them to pay their debts early. This discount is allowed by the enterprise and is a common practice to encourage prompt payment from debtors.
13.
At what price are the fixed assets shown in Balance Sheet?
Correct Answer
C. Book value
Explanation
The fixed assets shown in the balance sheet are typically recorded at their book value. This value represents the original cost of the assets minus any accumulated depreciation. The book value provides a more conservative estimate of the assets' worth compared to market or selling price, as it does not take into account any potential appreciation in value over time. Therefore, the correct answer is book value.
14.
When a customer returns defective goods to us, what kind of document should be issued to the customer?
Correct Answer
B. Credit note
Explanation
When a customer returns defective goods, a credit note should be issued to the customer. A credit note is a document that acknowledges the return of goods and provides a credit or refund to the customer for the amount paid. It serves as a record of the transaction and helps in maintaining accurate accounting records. By issuing a credit note, the company can properly account for the returned goods and adjust the customer's account accordingly.
15.
Insurance paid on goods bought should be considered as which of the following items?
Correct Answer
C. Cost of goods available for sales
Explanation
The insurance paid on goods bought should be considered as part of the cost of goods available for sales. This is because the cost of goods available for sales includes all costs incurred to bring the goods to their present location and condition, which includes insurance expenses. By including insurance costs in the calculation of the cost of goods available for sales, it accurately reflects the total cost of the goods that are available to be sold.
16.
世界上历史最悠久、最大的国际金融中心是哪里。
Where was the world’s oldest and largest international financial center?
Correct Answer
A. 伦敦 London
Explanation
London is considered the world's oldest and largest international financial center due to its long history and status as a global hub for finance. It is home to many major financial institutions, including the Bank of England and the London Stock Exchange. London's financial district, known as the City of London, has been a center of financial activity for centuries, attracting businesses and investors from around the world. Its reputation and influence in the global financial industry make it the correct answer to the question.
17.
按照货币的流动性, 一般货币供应量为M0、 M1、M2 三个层次, 请问, 居民储蓄存款属于哪个层次?
According to the liquidity of the currency, the money supply is divided into M0, M1, M2 three levels, will the savings deposits of residents belong to which level?
Correct Answer
C. M2
Explanation
The savings deposits of residents belong to the M2 level of the money supply. M2 includes M1 (which consists of currency in circulation and demand deposits) along with savings deposits, time deposits, and money market mutual funds. Therefore, savings deposits are considered part of the broader M2 level of money supply.
18.
引发通货膨胀的原因主要哪些?
What factors mainly due to inflationary?
Correct Answer
C. 货币贬值 Currency devaluation
Explanation
Currency devaluation is a factor that mainly contributes to inflation. When a country's currency loses value, it becomes more expensive to import goods and services. This leads to an increase in the prices of imported products, which in turn raises the overall price level in the economy. As a result, the cost of living increases, causing inflation.
19.
单位或者个人强令商业银行发放贷款或者提供担保, 不管是否造成损失, 应对直接负责的主管人员和其他直接负责的人员或者个人给予何种处分?
Units or forcing commercial banks to grant loans or provide guarantees to give a sanction to deal with the person in charge directly responsible and other directly responsible personnel or individuals, regardless of whether losses?
Correct Answer
B. 纪律处分 Disciplinary penalty
Explanation
The correct answer is "Disciplinary penalty". When units or individuals force commercial banks to grant loans or provide guarantees, regardless of whether it causes losses, the directly responsible person in charge and other directly responsible personnel or individuals should be given disciplinary penalties. This means that they will face disciplinary actions or punishments for their actions.
20.
1961 年, 世界上第一张大额可转让定期存单(CD)由哪家银行创造出来的。
Year 1961, the world’s first a large negotiable certificates of deposit (CD) created out by which bank?
Correct Answer
B. 花旗银行 Citibank
Explanation
In 1961, Citibank created the world's first large negotiable certificates of deposit (CD).
21.
商业银行营售的4P不包括哪个?Which of the below not included in Commercial Bank 4P?
Correct Answer
B. 计划 Plan
Explanation
The correct answer is "计划 Plan". In the context of commercial banking, the 4Ps refer to the marketing mix elements: Product, Price, Place, and Promotion. These elements are used by businesses to effectively market their products or services. While product, price, and place are relevant to commercial banks as they offer various financial products and services at different prices and locations, "计划 Plan" is not specifically mentioned as one of the marketing mix elements for commercial banks.
22.
在中国历史上, 早在那个时期就已出现票据雏形?
In Chinese history, as early as at which time had bills prototype?
Correct Answer
C. 唐宋 Tang and Song
Explanation
During the Tang and Song dynasties in Chinese history, the prototype of bills had already appeared.
23.
一般来说, 当经济发展过快、物价上涨幅度过大时, 政府为抑制社会总需求, 保持经济稳定增长的手段是
In general, when rapid economic development, the inflation rate is too large, the government for the inhibition of total social demand, and maintain stable economic growth means
Correct Answer
C. 提高存贷款利率, 减少财政支出Raise deposit and lending rates, to reduce the financial expenditure
Explanation
When the economy is growing too fast and inflation is high, the government needs to control total social demand to maintain stable economic growth. One way to do this is by raising deposit and lending rates, which makes borrowing more expensive and reduces overall spending. Additionally, reducing financial expenditure helps to decrease the money supply and prevent further inflationary pressures. Therefore, raising deposit and lending rates and reducing financial expenditure are effective means for the government to curb inflation and maintain economic stability.
24.
李某把3万元现金存入国内某商业银行,存期为一年, 到期时李某获得540元的税后利息。那么李某利息收入的来源是 ___________。Lee deposited 3 million in cash in domestic commercial banks, kept for one year, Lee got $540 after-tax interest when due. Source of interest income is ___________.
Correct Answer
A. 银行发放贷款收取的利息Banks to issue loans charge interest
Explanation
The correct answer is "Banks to issue loans charge interest." This means that the source of Lee's interest income is the interest charged by the bank on the loans they issue. This suggests that Lee may have invested his money in a loan or savings account with the bank, and earned interest on that investment.
25.
某商店出售汽水, 每瓶1元, 每2个空汽水瓶可以换得1瓶汽水, 但不可兑换现金。使用10元现金,通过购买、换领、借入汽水并归还等方式, 最多可享用20瓶汽水的过程中, 出现的经济现象包括以下哪些?In a store to sell soft drinks, bottle of one yuan, two empty soda bottles in exchange for a bottle of soda, but not redeemable for cash. 10 yuan in cash, borrowed soda through the purchase, redemption, and return, etc., can enjoy up to 20 bottles of soda. Get 20 bottles of soda, the emergence of economic phenomena, including which of the following?I 商品流动Circulation of commoditiesII 易货交易Barter transactionsIII货币支付Monetary paymentIV 货币借贷Currency borrowingsV非现金结算non-cash settlement
Correct Answer
A. I,II, III
Explanation
The correct answer is I, II, III.
The given scenario involves the circulation of commodities (I) as the soda bottles are being bought, exchanged, and returned. It also involves barter transactions (II) as the empty soda bottles are being exchanged for a bottle of soda. Additionally, monetary payment (III) is involved as the initial purchase of the soda is made with cash. Non-cash settlement (V) and currency borrowings (IV) are not mentioned in the given scenario.
26.
近年来, 汽车成为家庭消费的热点。假如你家中有10万元钱, 家里人正在商量到底是买车还是买股票,在下列哪种情况下,你会积极建议买车而不是买股票?
In recent years, cars have become a hot spot for family consumption. If you have 10 million, the family is to discuss in the end to buy a car or buy a stock, in the following circumstances under which you will actively recommend buying a car instead of buying stocks?
Correct Answer
C. 汽油价格下降, 市场预期银行利率上升 Gasoline prices fell, the market is expected to bank interest rates to rise
Explanation
If gasoline prices fall and the market expects bank interest rates to rise, it would be a favorable situation for buying a car instead of stocks. This is because lower gasoline prices would reduce the cost of owning and operating a car, making it a more affordable option. Additionally, if bank interest rates are expected to rise, it would likely lead to higher borrowing costs and lower returns on investments in stocks. Therefore, in this scenario, it would be more advantageous to invest in a car rather than stocks.
27.
保险是金融体系的重要组成部分,保险在经济生活中的基本功能是什么?
Insurance is an important part of the financial system, what is the basic functions of insurance in economic life?
Correct Answer
B. 分散风险、补偿损失Risk diversification, compensation for loss
Explanation
Insurance plays a crucial role in the financial system by providing risk diversification and compensating for losses. By spreading the risk among a large number of policyholders, insurance helps individuals and businesses protect themselves against unexpected events and financial losses. This function of insurance not only provides financial security but also promotes economic stability and growth. Additionally, insurance contributes to the accumulation of capital for economic development by pooling premiums and investing them in various financial instruments, generating returns on investment.
28.
没有稳定收入的人士很难申请到银行发行的信用卡, 因为银行信用卡是
Non steady income persons is difficult to apply to bank-issued credit card, bank credit card is
Correct Answer
B. 商业银行对资信状况良好的客户发行的一种信用凭证A credit certificate issued by commercial banks on the credit status of customers
Explanation
The correct answer is "A credit certificate issued by commercial banks on the credit status of customers." This answer is supported by the statement that non-steady income persons find it difficult to apply for bank-issued credit cards. This suggests that the credit card is issued based on the credit status of the customers, rather than their income. Therefore, the answer that best aligns with this information is the one that mentions the credit status of customers.
29.
股票与债卷的相同点是什么?
What are the similar points between stocks and bonds?
Correct Answer
A. 都是筹资方式 Are fund-raising mode
Explanation
Both stocks and bonds are methods of raising funds for companies or governments. They both provide a way for entities to raise capital by selling ownership or debt securities to investors.
30.
现实生活中,我们可能面临各种各样的风险。下列属于规避风险的投资方式是 __________˳
In real life, we may face various risks. The following are risk-averse investment is _________.
Correct Answer
A. 购买商业保险 The purchase of commercial insurance
Explanation
The purchase of commercial insurance is a risk-averse investment because it provides protection against potential financial losses or damages that may occur in various aspects of life, such as health, property, or business. By purchasing commercial insurance, individuals or businesses transfer the risk to the insurance company, which will compensate for the losses or damages covered by the policy. This helps to mitigate the potential negative impact of unexpected events and provides a sense of security and stability in facing various risks.
31.
生产者剩余是指生产者的__________。
Producer surplus mean producer’s ________.
Correct Answer
B. 利润 profit
Explanation
生产者剩余是指生产者从销售产品中获得的超过其生产成本的利润。这是通过将销售价格与生产成本之间的差异来计算的。生产者剩余可以被看作是生产者在市场上取得的额外收益,它表示了生产者在销售产品时所获得的利润。
32.
美国是先进国,而大马是_________。
USA is an advanced country. Malaysia is a/ an _________.
Correct Answer
B. 发展中国家developing country
Explanation
Malaysia is referred to as a developing country because it is still in the process of progressing and improving its economy, infrastructure, and overall standard of living. While the United States is considered an advanced country due to its highly developed economy, technological advancements, and high standard of living.
33.
在2009年的首三季,大马的经济严重衰退。这是因为大马的出口严重下降,根源是全球对于__________的需求减少。The first three quarters of 2009, witnessed steep decline in Malaysia’s economic growth. This is because of volume of exports reduced dramatically due to reduced ________ demand globally.
Correct Answer
A. 消费财 consumer goods
Explanation
The correct answer is "consumer goods." The explanation for this is that during the first three quarters of 2009, Malaysia's economy experienced a severe decline. This decline was primarily caused by a significant decrease in the volume of exports. The reduced demand for consumer goods globally played a crucial role in the decline of Malaysia's exports, leading to the economic downturn.
34.
首相纳吉计划把马来西亚传变为高收入国的目标将在________达到。Prime Minister Datuk Seri Najib Tun Razak plans to transform Malaysia into a high-income economy by the year ________.
Correct Answer
B. 2020
Explanation
The correct answer is 2020 because it is the year mentioned in the question as the target for Prime Minister Najib's plan to transform Malaysia into a high-income economy.
35.
_________是我国最大的糖的生产者。_______ is the largest sugar producer in Malaysia.
Correct Answer
A. MSM Holdings Bhd
Explanation
MSM Holdings Bhd is the correct answer because it is stated that they are the largest sugar producer in Malaysia. The other options, MSN Holdings Bhd, MNM Holdings Bhd, and MSD Holdings Bhd, are not mentioned as being the largest sugar producer in Malaysia, so they are not the correct answer.
36.
现今大马财政部长是__________。
Our current Finance Minister is ____________.
Correct Answer
B. 纳吉 Datuk seri Najib Tun Razak
37.
粮食属于_________。
Food is categorized as _________.
Correct Answer
B. 缺乏弹性 inelastic
Explanation
The correct answer is "缺乏弹性 inelastic". This means that food is categorized as inelastic, which implies that changes in price do not significantly affect the demand for food. Inelastic goods are considered necessities, and people are willing to pay for them regardless of price fluctuations.
38.
本地面包市场主要由几个厂家控制, 即Gardenia, High 5 和最近加入市场的_________公司。
There are quite a few local companies selling bread with Gardenia, high 5 newcomer _______ currently the biggest player in the market.
Correct Answer
C. Massimo
Explanation
Massimo is the correct answer because the question states that the local bread market is mainly controlled by a few companies, including Gardenia, High 5, and a newcomer. The blank space in the question indicates that the missing company is the newest addition to the market, making Massimo the correct answer.
39.
下列哪一项不属于统制品?Which of the following is not a controlled item?
Correct Answer
C. 麦面包 wholemeal bread
Explanation
Wholemeal bread is not a controlled item because it is a common food item that does not have any restrictions or regulations on its production, sale, or consumption. Controlled items are typically those that are subject to government regulations due to health, safety, or security concerns. Palm oil cooking oil, rice, and sugar, on the other hand, may be controlled items in certain countries or regions due to their potential impact on health, environment, or trade.
40.
苹果品牌的智能手机是在哪一国组装?Apple iphone is assembled in which company?
Correct Answer
C. 中国 China
Explanation
Apple iPhones are assembled in China. This is because China has a large and skilled workforce, as well as a well-developed manufacturing infrastructure. Additionally, China offers lower production costs compared to other countries, making it an attractive location for companies like Apple to assemble their products.
41.
印度第一架自动提款机是在何时开始营业操作?
When was the first ATM opened for business in India?
Correct Answer
A. 九月二日,一九六九年2 September, 1969
Explanation
The correct answer is 2 September, 1969.
42.
谁是“The Road Ahead ”书籍的作者?
Who is the author of the book “The Road Ahead”?
Correct Answer
A. 比尔 Bill Gates
Explanation
Bill Gates is the correct answer because he is the author of the book "The Road Ahead".
43.
加拿大的一元硬币是什么名称?
What is the common name of Canada’s 1 dollar coin?
Correct Answer
A. 加元 Loonie
Explanation
The common name for Canada's 1 dollar coin is "Loonie." This name originated from the image of a common loon, a bird species, that is featured on the coin's reverse side. The term "Loonie" became popular and widely used by Canadians to refer to the 1 dollar coin, and it is now recognized as the official nickname for the coin.
44.
哪一个国家的国债是全球最高?
Which country has the highest debt to GDP ratio in the world?
Correct Answer
A. 日本 Japan
Explanation
Japan has the highest debt to GDP ratio in the world. This means that Japan's total debt is the highest compared to its GDP. The high debt to GDP ratio indicates that Japan's debt burden is significant and could potentially have negative effects on its economy.
45.
哪一个国家的失业率是全球最高?
Which country has the highest unemployment rate in the world?
Correct Answer
D. 西班牙Spain
Explanation
Spain has the highest unemployment rate in the world. This is due to various factors such as the global economic crisis, high levels of youth unemployment, and a mismatch between the skills demanded by the labor market and the skills possessed by the workforce. The country has been struggling to recover from the economic downturn, leading to a high unemployment rate compared to other countries.
46.
EPF的全称是什么?
What is the full form of EPF?
Correct Answer
A. 公积金 Employee Provident Fund
Explanation
The correct answer is 公积金 Employee Provident Fund. EPF is the abbreviation for Employee Provident Fund, which is a social security scheme in many countries, including India and Malaysia. It is a retirement savings scheme where both the employee and employer contribute a portion of the employee's salary, which can be withdrawn upon retirement or in certain circumstances such as purchasing a house or medical emergencies.
47.
每个人都听过“Intel Inside” 的标语,但是谁执笔《Inside Intel》书?
Everyone has heard of the catchphrase “Intel Inside”. But who authored a book entitled “Inside Intel”?
Correct Answer
A. 帝姆杰克逊 Tim Jackson
48.
哪个品牌的雪花膏名称,提取于拉丁文的意思“雪白”?
What brand of ‘cold cream’, derives its name from a Latin word meaning ‘snow white’?
Correct Answer
A. 妮维雅 Nivea
Explanation
妮维雅(Nivea)这个品牌的雪花膏名称提取于拉丁文的意思是“雪白”。
49.
“World Local Bank”是哪家银行的妙语?
“World Local Bank”is the punch line for which bank?
Correct Answer
A. 汇丰银行 HCBC
50.
“Inspire the Next” 是哪家公司的妙语?“Inspire the Next”is the punch line for which company?
Correct Answer
A. 日立 Hitachi
Explanation
The correct answer is Hitachi. "Inspire the Next" is the punch line or slogan for the company Hitachi.