基金会计英文题库及答案.docVIP

基金会计英文题库及答案

单项选择题（每题2分，共10题）

1.Whatisthemainfunctionoffundaccounting?

A.Recordfinancialtransactions

B.Manageinvestmentportfolios

C.Providetaxadvice

D.Conductmarketresearch

2.Whichofthefollowingisacharacteristicoffundaccounting?

A.Focusonindividualtransactions

B.Emphasizehistoricalcost

C.Useaccrualaccounting

D.Ignoremarketfluctuations

3.Whatisthepurposeofafundsstatementofnetassets?

A.Showthefundsincomeandexpenses

B.Reportthefundsassets,liabilities,andnetassets

C.Providedetailsofthefundsinvestmentstrategy

D.Indicatethefundsliquidityposition

4.Howareinvestmentincomeandexpensesaccountedforinfundaccounting?

A.Recognizedwhenreceivedorpaid

B.Accruedovertime

C.Onlyrecognizedattheendoftheyear

D.Ignoreduntilthefundisliquidated

5.Whichofthefollowingisanexampleofafundliability?

A.Investmentsecurities

B.Accruedexpenses

C.Shareholderequity

D.Managementfees

6.Whatistheroleofafundscustodian?

A.Managethefundsinvestments

B.Preparefinancialstatements

C.Holdandsafeguardthefundsassets

D.Determinethefundsinvestmentstrategy

7.Howarechangesinthefairvalueofinvestmentsecuritiesaccountedforinfundaccounting?

A.Recognizedasrealizedgainsorlosses

B.Ignoreduntilthesecuritiesaresold

C.Adjustedtothefundsnetassets

D.Recordedasdeferredincome

8.Whatisthedifferencebetweenamutualfundandahedgefund?

A.Mutualfundsaremoreriskythanhedgefunds

B.HedgefundsareregulatedbytheSEC

C.Mutualfundsareopentothegeneralpublic

D.Hedgefundsonlyinvestinstocks

9.Whichofthefollowingisakeycomponentoffundaccountingsoftware?

A.Investmentanalysistools

B.Taxpreparationfeatures

C.Generalledgerfunctionality

D.Customerrelationshipmanagement

10.Howdofundaccountantsensurecompliancewithaccountingstandards?

A.Followindustrybestpractices

B.Relyonmanagementsinstr