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
  

ACCAP4模拟测试题及答案解析(4)

考试网  [ 2017年4月22日 ] 【

ACCAP4模拟测试题及答案解析

  Question:One of the three main criteria in considering the investment of surplus cash is risk. Which three of the following investments are likely to be classified as low risk?

  A. Ordinary shares in a listed company.

  B. Government gilt-edged bonds.

  C. Deposit in a building society account.

  D. Junk bonds.

  E. Debentures in blue chip listed companies.

  The correct answers are: Government gilt-edged bonds; Deposit in a building society account; Debentures in blue chip listed companies.

  解析:Investment in government bonds is very low risk, with fixed interest paid and capital security assured. Similarly, deposits with building societies and investments in blue chip company debentures yield fixed returns and have good capital security - although such organisations can run into liquidity problems, it is quite rare that they will be to the extent of affecting the safety of the investments, particularly where they are secured.

  Investing in ordinary shares of listed companies in general is high risk - returns are not fixed and may not materialise at all, whilst the capital value of the investment fluctuates with the stock market and shareholders are last in line in times of difficulty. Junk bonds often look attractive as they offer high yields, but generally have very low-grade security. They are often issued by highly geared companies, which are inherently risky.

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