Handles financial matters.

(c) Discuss the ways in which budgets and the budgeting process can be used to motivate managers to

endeavour to meet the objectives of the company. Your answer should refer to:

(i) setting targets for financial performance;

(ii) participation in the budget-setting process. (12 marks)

为什么证券化的发展使银行监管者控制金融体制风险的工作越来越困难？

Why might growing securitization make it harder for bank supervisors to keep track of risks to the financial system？

Which of the following is true according to the third and fourth paragraphs？

A．The stock market still goes on well.

B．The Fed has done nothing for the financial crisis.

C．Weapon selling is a good way to deal with the crisis.

D．Cut rates is a potential way for the government to solve the crisis.

听力原文：MA Have you given much thought about saving for your retirement？

WB Well, I spoke to a financial planner last year. She helped me set up a retirement account and now I have money automatically deposited into it each month. It's pretty easy.

MA I'm just now talking to a financial planner. I think I'll wind up doing something similar to what you've done.

WB You really should. Like I said, it's easy, and it's automatic—the money is deducted right from your paycheck. It's a little shocking the first time you get your paycheck, and it's less than you normally get, but you get used to it fairly quickly. And the other side of it is that the retirement fund grows quickly too.

What are the speakers mainly discussing？

A．Paying bills

B．Choosing a bank

C．Planning for retirement

D．Changes to the payroll system

Section B

Directions: In this section, you will hear 3 short passages. At the end of each passage, you will hear some questions. Both the passage and the questions will be spoken only once. After you hear a question, you must choose the best answer from the four choices marked A, B, C and D.

听力原文： By 1862 telegraph communications linked San Francisco with eastern cities, and by 1869, the first transcontinental railroad connected the Pacific coast with the Atlantic sea-board. Today San Francisco has a population of almost three million. It is the financial center of the West, and serves as the terminus for trans-Pacific steamship lines and air traffic. The port of San Francisco, which is almost eighteen miles long with forty-two piers, handles between five and six million tons of cargo annually.

And now, if you will look to your right, you should just be able to see the east section of the Golden Gate Bridge. The bridge, which is more than one mile long, spans the harbor from San Francisco to Marin County and the Red Wood Highway. It was completed in 1937 at a cost of thirty-two million dollars and is still one of the largest suspension bridges in the world.

(27)

A．18 miles.

B．938 feet.

C．More than 1 mile.

D．Between 5 and 6 miles.

s you can see, the city rests on a series of hills varying in altitude from sea level to 938 feet. The first permanent settlement was made at this site in 1776. For 13 years the village had fewer than one hundred inhabitants. But in 1848, with the discovery of gold, the population grew to ten thousand. The same year the name was changed from Yerba Buea to San Francisco.

By 1862 telegraph communications linked San Francisco with eastern cities, and by 1869 the first transcontinental railroad connected the Pacific coast with the Atlantic seaboard. Today San Francisco has a population of almost three million. It is the financial center of the west, and serves as the terminus for trans-Pacific steamship lines and air traffic. The port of San Francisco, which is almost 18 miles long with 42 piers, handles between five and six million tons of cargo annually.

And now, if you will look to your right, you should just be able to see the east section of the Golden Gate Bridge. The bridge, which is more than one mile long, spans the harbor from San Francisco to Marin County and the Red Wood Highway. It was completed in 1937 at a cost of 32 million dollars and is still one of the largest suspension bridges in the world.

(30)

A．Gold was discovered.

B．The transcontinental railroad was completed.

C．The Golden Gate Bridge was constructed.

D．Telegraph communications were established with the East.

听力原文： From this lookout we enjoy one of the most spectacular views of San Francisco. As you can see, the city rests on a series of hills varying in altitude from sea level to 938 feet. The first permanent settlement was made at this site in 1776. For 13 years the village had fewer than one hundred inhabitants. But in 1848 with the discovery of gold, the population grew to ten thousand. The same year the name was changed from Yerba Buea to San Francisco.

By 1862 telegraph communications linked San Francisco with eastern cities, and by 1869 the first transcontinental railroad connected the Pacific coast with the Atlantic seaboard. Today San Francisco has a population of almost three million. It is the financial center of the west, and serves as the terminus for trans-Pacific steamship lines and air traffic. The port of San Francisco, which is almost 18 miles long with 42 piers, handles between five and six million tons of cargo annually.

And now, if you will look to your right, you should just be able to see the east section of the Golden Gate Bridge. The bridge, which is more than one mile long, spans the harbor from San Francisco to Marin County and the Red Wood Highway. It was completed in 1937 at a cost of 32 million dollars and is still one of the largest suspension bridges in the world.

(36)

A．Gold was discovered.

B．The transcontinental railroad was completed.

C．The Golden Gate Bridge was constructed.

D．Telegraph communications were established with the East