Who is not responsible for payment of L/C？
A. advising bank
B. confirming bank
C. buyer
D. issuing bank
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By what means does a business measure the worth of assets and liabilities？
A. The monetary unit.
B. Dollar.
C. The value of the monetary unit.
D. The sum of all the individual amounts added together.
What is the short-coming of the concept？
A. The accountant has to restate the assets and liabilities on the balance sheet.
B. It is difficult to compare the balance sheets of different companies.
C. The balance sheet can not reflect the precise worth of the assets and liabilities.
D. Another company will not decide whether to buy the piece of land.
A．commonB．similarC．differentD．alike
A. common
B. similar
C. different
D. alike
Bonds are commonly used in the Middle East area, so ______.
A. the Middle East banks often issue bonds
B. the Middle East exporters often demand bonds
C. the Middle East insurance companies often issue bonds
D. none of the above three is correct
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