国际贸易融资章节测试课后答案2024春

第十章测试

1.The factor (a specialized financial intermediary) is the party assigns suppliers’ receivables with respect to the factoring contract. (（ ）
A:对 B:错
答案:B
2.The customer (debtor) of the factor is the party liable for the payment of goods or services. (（ ）
A:错 B:对 3.The credit investigation is a crucial procedure in the transaction of the factoring, as it is the solution for factor to minimize its risk exposure. (（ ）
A:对 B:错 4.To date the United States is still the largest market for factoring services as it generates the greatest portion of the market share. (（ ）
A:错 B:对 5.Which one of the following statements associated with the service of factoring in correct? （ ）
A:The credit investigation procedure is similar to the standard procedure when encountered in applying for a credit card. B:The import factor will entrust the export factor to investigate and approve the corresponding credit line. C:After shipping the goods, supplier submits invoices to factor, the factor will advance the full payment to the supplier. D:When the importer fails to make payment, the factor can recourse supplier for payment. 6.Which one of the following statements associated with the service of factoring in incorrect? （ ）
A:The exporter and importer can sign the sales contract only after the credit investigation is done. B:The remaining amount will be paid to supplier only after the money is collected from the debtor. C:The credit line approved by the factor is a reference number, the monetary amount of business contract signed by exporter and importer may beyond the reference number. D:The arrangement of advance payment on account provide liquidity to supplier and export factor. 7.Which of the following service(s) will be covered in the factoring？ （ ）
A:The monetary amount as specified in the sales contract will be collected by the factor. B:The factor is responsible for keeping and maintaining the sales ledgers. C:Factor will make full payment to supplier when encountered with the non-payment. D:Advance partial payment on account by the factor. 8.Which of the following statements accurately describe the motivation of selecting the factoring as the payment technique？（ ）
A:The factor is very familiar with customs, laws and regulations of the country of importer. B:The factor is professional financial intermediary to purchase the debts from exporter through discounting. C:The factor protects the exporter from the potential credit risk. D:The factor provides liquidity to exporter by advancing partial payments. 9.During the credit investigation stage, which of the following aspects will be considered by the import factor？（ ）
A:The operating style adopted by the importer. B:The assets registered by the importer. C:The asset turnover ratio of the importer. D:The net working capital management employed by the importer.