2025bec高级真题及答案2025.docVIP

2025bec高级真题及答案2025

一、单项选择题（每题2分）

1.Whichofthefollowingisconsideredaprimarysourceofcapitalforacompany?

A.Retainedearnings

B.Bankloans

C.Equityfinancing

D.Tradecredit

Answer:C

2.Theprocessofevaluatingandselectingthemostprofitableinvestmentopportunitiesisknownas:

A.Capitalbudgeting

B.Assetallocation

C.Portfoliomanagement

D.Riskassessment

Answer:A

3.Whichfinancialstatementprovidesasummaryofacompanysfinancialpositionataspecificpointintime?

A.Incomestatement

B.Balancesheet

C.Cashflowstatement

D.Statementofretainedearnings

Answer:B

4.Theratiousedtomeasureacompanysabilitytomeetitsshort-termobligationsis:

A.Debt-to-equityratio

B.Currentratio

C.Returnonequity

D.Price-to-earningsratio

Answer:B

5.Whichofthefollowingisakeycomponentofacompanysoverallfinancialstrategy?

A.Dividendpolicy

B.Capitalstructure

C.Workingcapitalmanagement

D.Alloftheabove

Answer:D

6.Theconceptofdiversificationisprimarilyusedto:

A.Reducerisk

B.Increasereturn

C.Maximizeleverage

D.Enhanceliquidity

Answer:A

7.Whichofthefollowingisameasureofacompanysprofitability?

A.Earningspershare

B.Grossmargin

C.Operatingmargin

D.Alloftheabove

Answer:D

8.Theprocessofconvertinganassetintocashisknownas:

A.Depreciation

B.Liquidation

C.Amortization

D.Appreciation

Answer:B

9.Whichfinancialstatementshowsthecompanysrevenuesandexpensesoveraspecificperiod?

A.Balancesheet

B.Cashflowstatement

C.Incomestatement

D.Statementofretainedearnings

Answer:C

10.Theprinciplethatstatesthatthemarketvalueofacompanysequityisequaltothepresentvalueofitsexpectedfutureearningsisknownas:

A.Modigliani-Millertheorem

B.Efficientmarkethypothesis

C.Dividenddiscountmodel

D.C