Banks and mark-to-market accounting

The Economist

April 8^th, 2009

36. Bankers complained that they were forced to

[A] follow unfavorable asset uation rules

[B]collect payments from third parties

[C]cooperate with the price managers

[D]reuate some of their assets.

37.According to the author , the rule changes of the FASB may result in

[A]the diminishing role of management

[B]the revival of the banking system

[C]the banks’long-term asset losses

[D]the weakening of its independence

38.According to Paragraph 4, McCreevy objects to the IASB’s attempt to

[A]keep away from political influences.

[B]evade the pressure from their peers.

[C]act on their own in rule-setting.

[D]take gradual measures in reform.

39.The author thinks the banks were “on the wrong planet ”in that they

[A]misinterpreted market price indicators

[B]exaggerated the real value of their assets

[C]neglected the likely existence of bad debts.

[D]denied booking losses in their sale of assets.

40.The author’s attitude towards standard-setters is one of

[A]satisfaction.

[B]skepticism.

[C]objectiveness

[D]sympathy

 Text 4 参考答案36-40题 ADCBD