更多"Passage Three
Banking organization"的相关试题:
[单项选择]Passage Three
Banking organizations are highly geared, much more than commercial or industrial compa-nies. They have custody of large volume of monetary items, which makes them vulnerable to misappropriation and fraud. They therefore need to establish formal operating procedures, well defined limits for individual discretion rigorous system of internal control. Banking organiza-tions engage in a large volume and variety of transactions. This necessarily requires complex accounting and internal control system and widespread use of electronic data processing. Bank-ing organizations often assume significant commitments without any transfer of funds. These items may not involve accounting entries and consequently the failure to record such items may be difficult to detect. And most importantly, the failure of a bank, unlike most commercial firms, affect more than the fortunes of its shareholders and creditors, and may destabilized the whole economy.
Effective supervision of banking organ
A. The supervisory authorities require them to do so.
B. The shareholders expect a reasonable return on their investment.
C. The banks have to keep safe large volume of monetary items raised from all sources .
D. The banks engage in a large volume and variety of transactions .
[填空题]The banking organizations are not so highly geared as the industrial companies.
[单项选择]For most of the past three years, the highly pathogenic bird flu known as HSNI has been found mainly in Asia. Suddenly it has arrived in many countries in Europe, triggering widespread alarm. The detection of the virus in wild birds across Europe is certainly a cause for concern, particularly to Europe’s poultry farmers, who are rightfully worried that the presence of the virus in wild birds will increase the risk to their flocks. However, in the midst of a European debate about the benefits of vaccinating chickens and whether or not poultry should be brought indoors, there is a danger that far more significant events elsewhere will be overlooked.
In particular, most attention should be focused on the fact that bird flu is now widespread in the poultry flocks of two nations in Africa—Egypt and Nigeria—and in India. And on the fact that, in Nigeria, the disease is continuing to spread despite great efforts undertaken by the government. An outbreak in Afghanistan also appears to be
A. Most probably, H5N1 originated in Asia.
B. HSN1 has aroused an argument in Europe.
C. The spread of H5N1 seems to be unavoidable.
D. The fight against H5N1 has failed in some country.
[填空题]
The US Banking System
The US banking system is not as tightly centralized As European systems. At its head we find the Federal Reserve Board (the "FED"), which works through twelve regional Federal Reserve banks. The Board, (31) responsibility is directly to the Congress, is an independent agency, not subject to the orders of the President. But of course, a large amount of cooperation does exist (32) the White House and the Treasury on the one hand, and the Board on the (33) .
Credit cards are issued by banks or certain organizations and may be used by the (34) to have purchases (goods or services such as meals, accommodation and travel) charged to a bank account. The account is (35) for the corresponding amount and the card holder is sent monthly statements of account.
Some credit cards are (36) internationally by many stores, hotels and restaurants. Cards holders may also obtain cash (37) pr
