Assume U, S, GAAP (generally accepted accounting principles) applies unless otherwise noted  Deltax Corp, a highly profitable company, purchased a new asset on 1 January 2002 for $1,000,000.  The following information applies to the asset; ·For financial statements purposes, straight-line depreciation over 10 years with no salvage value. ·For tax purposes, three-year MACRS depreciation class with first year MACRS factor = 0.333 ·Tax rate=40%   The effect of the asset purchase on Deltax's deferred tax liability for 2002 is closest to a:   A $233,000 decrease   B $93, 200 decrease   C $93, 200 increase   D $233, 000 increase   【答案】 C   The timing difference results in an increase in deferred tax liability: ($333,000-$100,000)x0.40=$93,200   CFA特许金融分析师1-3级【沪江金程联合开发】                权威名师倾情打造，助力通过金融第一考                查看折扣  CFA特许金融分析师1级【沪江&金程联合开发】                  权威名师倾情打造，助力通过金融第一考                查看折扣  金融英语【特惠班】                                                      双语教学，助力提升金融专业英语水平                   查看折扣    更多精彩：  CFA书籍丨CFA考试之后，这7本书值得一读  零基础、跨专业CFA一级10A心得，一千个考友就有一千种备考方式  CFA、CPA、FRM、ACCA 各自的优劣势及持证人从业一级方向

Susan Roberts, CFA, a portfolio manager for Howard Investment Counsel, received a call from  Marvin Moore, an institutional broker. Moore called to recommend buying Megamove an obscure  common stock traded over-the counter, as a takeover candidate. In the past, Moore has demonstrated an ability to pick takeover candidates. If she buys the Megamove stock, is Roberts  violating the CFA Institute Standard of Professional Conduct that relates to trading on material  nonpublic information?   A. No   B. Yes. because roberts did not research the stock herself. C. Yes, because Roberts is acting on confidential information.   D Yes, because Moore is breaching fiduciary duty and receiving personal benefits as a result. 【答案】 A The fact that Moore has demonstrated an ability to pick takeover candidates does not imply that he has access to material nonpublic information regarding Megamove. Roberts has no reason to believe that the information was anything more than an opinion expressed by the broker. CFA特许金融分析师1-3级【沪江金程联合开发】                权威名师倾情打造，助力通过金融第一考                查看折扣  CFA特许金融分析师1级【沪江&金程联合开发】                  权威名师倾情打造，助力通过金融第一考                查看折扣  金融英语【特惠班】                                                      双语教学，助力提升金融专业英语水平                    查看折扣    更多精彩：  CFA书籍丨CFA考试之后，这7本书值得一读  零基础、跨专业CFA一级10A心得，一千个考友就有一千种备考方式  CFA、CPA、FRM、ACCA 各自的优劣势及持证人从业一级方向

Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted  An analyst gathered the following information about a company for a fiscal year;   If the company is not subject to income taxes, the net cash flow from operations for the fiscal year is  closest to;   A $20,000   B $30,000   C $50,000   D $75,000   【答案】 B   Cash flow from operations, prepared using the direct method, is $30,000; $150,000-$60,000-$40,000-$20,000=$30,000    CFA特许金融分析师1-3级【沪江金程联合开发】                权威名师倾情打造，助力通过金融第一考                查看折扣  CFA特许金融分析师1级【沪江&金程联合开发】                  权威名师倾情打造，助力通过金融第一考                查看折扣  金融英语【特惠班】                                                      双语教学，助力提升金融专业英语水平                   查看折扣    更多精彩：  CFA书籍丨CFA考试之后，这7本书值得一读  零基础、跨专业CFA一级10A心得，一千个考友就有一千种备考方式  CFA、CPA、FRM、ACCA 各自的优劣势及持证人从业一级方向

Assume U, S, GAAP (generally accepted accounting principles) applies unless otherwise noted  An analyst gathered the following information about a ccompany whose fiscal year ends on 31  December;   ·Net income for the year was $10.5 million   ·Preferred stock dividends of $2 million were paid for the year.   ·Common stock dividends of $3.5 million were paid for the year.   ·20 million shares of common stock were outstanding on 1 January 2002.   ·The company issued 6 million new shares of common stock on 1 April 2002.   ·The capital structure does not include any potentially dilutive convertible securities, options  warrants, or other contingent securities.   The company' s basic earnings per share for 2002 was closest to;   A $035   B $0.37   C $0.43   D $046  【答案】 A Basic earnings per share is equal to income available to common stockholders divided by the  weighted average number of common shares outstanding:  ($10,500,000-$2,000,000)/24,500,000 shares=$0.35   CFA特许金融分析师1-3级【沪江金程联合开发】                权威名师倾情打造，助力通过金融第一考                查看折扣  CFA特许金融分析师1级【沪江&金程联合开发】                  权威名师倾情打造，助力通过金融第一考                查看折扣  金融英语【特惠班】                                                      双语教学，助力提升金融专业英语水平                   查看折扣    更多精彩：  CFA书籍丨CFA考试之后，这7本书值得一读  零基础、跨专业CFA一级10A心得，一千个考友就有一千种备考方式  CFA、CPA、FRM、ACCA 各自的优劣势及持证人从业一级方向

Assume U, S, GAAP (generally accepted accounting principles)applies unless otherwise noted. After selling $20,000 of accounts receivable with full recourse, a company's balance sheet is as follows; None of the receivables has been collected After adjusting relevant account for the effects of the  off-balance-sheet financing. The company’s total debt-to-equity ratios is closest to:   A 1.20   B 1.25   C 1.75   D 2.00   【答案】 C   The appropriate adjustment is to increase both accounts receivable and current liabilities by the  amount of the receivables sold that have not yet been collected. Total debt-to-equity ratio;  $140,000/80,000=1.75.    CFA特许金融分析师1-3级【沪江金程联合开发】                权威名师倾情打造，助力通过金融第一考                查看折扣  CFA特许金融分析师1级【沪江&金程联合开发】                  权威名师倾情打造，助力通过金融第一考                查看折扣  金融英语【特惠班】                                                      双语教学，助力提升金融专业英语水平                   查看折扣    更多精彩：  CFA书籍丨CFA考试之后，这7本书值得一读  零基础、跨专业CFA一级10A心得，一千个考友就有一千种备考方式  CFA、CPA、FRM、ACCA 各自的优劣势及持证人从业一级方向

要有大恒心的学霸才能忍受反复的枯燥学习。如果你没这个毅力，得学会怎么”哄自己“，让自己能坚持下去。 　　方式一：设计自己喜欢的练习或复习方式。 　　特别适合商务英语的是阅读好的同主题的文章。比如，学到职场如何说服他人，完全可以用google找一篇好的英文文章阅读，这既是一种练习方式，也同时提升自己的软技能。 　　方式二：偶尔换换地方学。换个环境，换个心情，比如复习可以去星巴克。 　　方式三：变换学习时间。如上班坐地铁复习，晚上学习。 　　窍门在于要有变化，大脑能感知变化而加深印象。任何一个app软件都是固定的学习方式，刚开始会很新奇，但这种简单的重复很枯燥，造成你自学很难坚持。自己要学会创造变化，词典，听mp3,阅读一篇文章都可以，可以一种方式学习为主，但不要完全依赖这种方式。主动的去学习，去找自己适合的方式，而不是被动的学习。只有这样才能找到合适自己的商务英语学习方法。大家在学习的过程中，牢记这三点都能够学好商务英语的，最怕就是你够坚持。所以，要持之以恒，方能成功。 　　以上就是沪江小编为大家整理的商务英语的学习策略，目前中国很多的企业已经和国际接轨，商务英语的应用以来也越来越广泛，如果你不提高自己的商务英语能力，那么你终商务英语的学习是一将被社会所淘汰。

George Moses, CFA, analyzes Technicorp for a brokerage company. Extensive study has led Moses to rate Technicorp common stock as a hold, largely because of increasing competition in the industry. at a recent CFA institute society meeting Moses discussed Technicorp's prospects with two other analysts. Although the other analysts did not give a reason, both said that Technicorp was about to experience rapid earnings growth. Immediately following the meeting, Moses issued a buy"recommendation for Technicorp According to the Standards of Practice Handbook, did Moses violate any CFA Institute Standards of Professional Conduct when he issued the”buy recommendation? A No. B Yes because he copied the opinions of others. C Yes because he did not seek approval of the change from his supervisor. D Yes, because he did not have a reasonable and adequate basis for his recommendation.   【答案】   D Moses violated the Standard that requires members to have a reasonable and adequate basis supported by appropriate research and investigation, for investment recommendations or action. Moses buy recommendation was not supported by appropriate research and investigation.    CFA特许金融分析师1-3级【沪江金程联合开发】                权威名师倾情打造，助力通过金融第一考                查看折扣  CFA特许金融分析师1级【沪江&金程联合开发】                  权威名师倾情打造，助力通过金融第一考                查看折扣  金融英语【特惠班】                                                      双语教学，助力提升金融专业英语水平                    查看折扣    更多精彩：  CFA书籍丨CFA考试之后，这7本书值得一读  零基础、跨专业CFA一级10A心得，一千个考友就有一千种备考方式  CFA、CPA、FRM、ACCA 各自的优劣势及持证人从业一级方向

看看多背背范文(教材上有范文，真题最后也有，或者在网上搜) 　　4. 多听 　　真题听力、学生用书上的听力必须反复听，直到听懂为止(没听懂之前别看听力材料，实在听不明白再看) 　　5. 口语练习 　　建议要么自己对着镜子一人分饰两角，要么找个partner(推荐，看看自己周围有没有也要靠BEC的同学，和他们组队)，口语话题就看口语手册即可，先看话题，不看答案，看看自己能说多少，然后再看答案进行补充。 　　面对商务英语考试，除了平时的知识积累之外，好的备考方法十分重要，上商务英语文中沪江小编为大家整理了初级商务英语备考方法，希望能够帮助到大家。

能在第一时间作出反映，而且对于书中要求拼写的单词一定要熟练掌握。 　　泛听!除了精听之外，泛听的作用也不可忽视，因为精听要求全神贯注来听，而泛听只需听懂大意就行了。听的内容要杂，面要宽，可以不局限在一两本听力教材，最好根据自己的爱好和程度来选择一些东东来听，一小段故事，一商务英语BEC听力能力，首先是要解决词汇的问题，要熟悉BEC听力教材中和日常口语两条新闻，甚至歌曲都可以。建议可以听BBC，一开始可能只能听到几个单词，因为语速真的很快。但是坚持往下听的话，回发现它比音乐还要好听，自信心也会成倍增加。 　　要听懂英语，还必须不断扩大自己的知识面，了解英语国家的一些背景知识，风土人情等。一方面可以多读一些英文的原版书籍，内容可以根据个人的兴趣而定，另一方面可以多与外教接触，比如听听他们的讲座或是直接面对面交流。希望以上沪江小编分享的商务英语初级口语能力提高方法对大家有所帮助。

商务英语资格证书考试，考察真实工作环境中英语