考试首页 | 考试用书 | 培训课程 | 模拟考场 | 考试论坛  
  当前位置:考试网 >> ACCA/CAT >> CAT考试 >> 文章内容
  

ACCA考试F9财务管理练习题

考试网  [ 2016年12月24日 ] 【

  Question:A stock market's main role is as both a 'primary market' and a 'secondary market'. Which of the following is the main aspect of stock markets' role as secondary markets?

  A. They permit takeovers by means of share exchange.

  B. They allow investors to sell their investments.

  C. Owners of a company coming to the market for the first time can realise some of the value of their shares on flotation.

  D. They enable organisations to raise new capital.

  The correct answer is: They allow investors to sell their investments.

  解析:Allowing investors to sell their investments is the main function of the capital markets acting as secondary markets, a function which promotes the marketability of shares.

  To realise some of the value of one's shares on flotation is an important function of a stock market. However, it is not the main secondary market function.

  While takeovers are an important function of a stock market, it is not the main secondary market function.

  It is as a primary market that stock markets allow organisations to raise new finance through capital issues. It is much easier for a company to make an offer on the market than it would be to contact potential investors individually.

本文纠错】【告诉好友】【打印此文】【返回顶部
将考试网添加到收藏夹 | 每次上网自动访问考试网 | 复制本页地址,传给QQ/MSN上的好友 | 申请链接 | 意见留言 TOP
关于本站  网站声明  广告服务  联系方式  站内导航  考试论坛
Copyright © 2006-2019 考试网(Examw.com) All Rights Reserved  营业执照