1、判断题：
The passive investor assumes the market is efficient and that stocks are correctly priced to reflect the risk involved in buying the stock. （ ）
选项：
A:对
B:错
答案: 【对】

2、单选题：
The term financial statement refers to… （ ）
选项：
A:All the answers are correct
B:Balance sheet
C:Cash flow and Fund Flow
D:Income statement
答案: 【All the answers are correct】

3、单选题：
Which of the following is false regarding why a SWOT Analysis is used? ( )
选项：
A:To minimize the weaknesses of a business
B:To reduce opportunities available to a business
C:To build on the strengths of a business
D:To counteract threats to a business
答案: 【To reduce opportunities available to a business】

4、单选题：
__________ of the profitability of the firm over a period of time such as a year. ( )
选项：
A:That statement of cash flows is a summary
B:The audit report is a summary
C:The income statement is a summary
D:The balance sheet is a summary
答案: 【The income statement is a summary】

5、判断题：
Financial statements present a numerical picture of a company's financial and operating health. ( )
选项：
A:对
B:错
答案: 【对】

6、单选题：
Which of the following SWOT elements are external factors for a business? （ ）
选项：
A:Strengths and Weaknesses
B:Opportunities and Threats
C:Weaknesses and Threats
D:Strengths and Opportunities
答案: 【Opportunities and Threats】

7、单选题：
The ________ does not represent continuing operations in any way, but is simply a snapshot of the total worth of a firm at a given point in time. ( )
选项：
A:none of these is correct
B:sources and uses of funds statement
C:income statement
D:balance sheet
答案: 【balance sheet】

8、单选题：
Cash inflows arise from _____ assets, ________ liabilities, and ___________ stockholders' equity. ( )
选项：
A:decreasing; increasing; decreasing
B:increasing; increasing; decreasing
C:decreasing; increasing; increasing
D:increasing; decreasing; decreasing
答案: 【decreasing; increasing; increasing】

9、单选题：
What is a creditor’s objective in performing an analysis of financial statements? ( )
选项：
A:To determine the firm’s capital structure.
B:To decide whether or not the firm has operated profitably in the past.
C:To determine the company’s future earnings stream.
D:To decide whether or not the borrower has the ability to repay interest and principal on borrowed funds.
答案: 【To decide whether or not the borrower has the ability to repay interest and principal on borrowed funds.】

10、单选题：
The major device for measuring the profitability of a firm over a defined period of time is the ( )
选项：
A:none of these is correct
B:income statement.
C:balance sheet.
D:statement of cash flow.
答案: 【income statement.】