Last year, the trading company saw a greatly increased profit ______ exports.

听力原文：M: Good news! The current price of land we bought last year has increased greatly. How about reporting it in the profit and loss account?

W: Wait a minute. According to the Prudence Concept, if the market price is higher than the cost, the higher amount is ignored in the accounts.

Q: Why can't they record the gains right now?

(16)

A．Because of the prudence concept.

B．Because of the materiality concept.

C．Because of the matching principle.

D．Because of the Dual Aspects Concept.

Megabites profits beat forecasts as sales rise Fast food giant, Megabite has reported better-than-expected profits for the first quarter, with sales up in Canada. The company earned $650 million in sales, up from $520 million in the previous year. According to its most recent annual report, its profits also soared last year to $56 million from $35 million. In a statement, the companys spokesperson, David Young said low costs of raw materials, equipments, wages, coupled with stable exchange rates accounted for the rise. Mr. Young also remarked that the company would donate some of its profits to local charity organizations. Delihouse and Foodworld, Megabites main rivals, have not yet released their end-of-year financial reports. But the factors cited by Megabites spokesperson have benefited businesses around the country, and analysts expect to see that both Delihouse and Foodworld performed as well as Megabite.

What is stated about Megabites first quarter sales?

A．They have increased significantly.

B．They are much lower than those for last year.

C．They are expected to be higher from the second quarter.

D．They will decrease slowly from the first quarter.

According to a Xinhua report, last year saw a_______per cent increase in the number of Chinese travelling abroad.

A．16.6

B．30

C．100

D．37

According to a Xinhua report, last year saw a_______per cent increase in the number of Chinese travelling abroad.

A．16.6

B．30

C．100

D．37

Over the last five years, Eagle Trust Bank has seen the number of its retail customer accounts drop by over 40 percent. Over this same period, the price of Eagle Trust stock has increased by more than 80 percent. This phenomenon has perplexed certain investors, who believe that a bank's stock should drop if its number of customer accounts drops. Which of the following, if true over the last five years, best accounts for the observed movement in the price of Eagle Trust stock?

A．Two years ago Eagle Trust was investigated by the Securities and Exchange Commission for accounting irregularities, but last year the company was cleared of all charges.

B．Eagle Trust recently implemented a highly publicized program for no-fee home mortgages.

C．Eagle Trust is in the process of switching its customer base from retail customers to commercial customers, which now account for over 75 percent of the bank's revenues.

D．There have been many aggressive new entrants into the retail customer banking business over the last five years.

E．Eagle Trust is known for offering one of the best employee benefits packages in the industry.

听力原文：M: You're back at last. What kept you?

W: The health clinic was so filled with people that it took me three hours to get in.

M: Yeah, the clinic is always busy this time of year.

Q: What does the man imply?

(14)

A．A lot of people arc sick during the season.

B．The afternoon will be less crowded.

C．The doctors kept talking to her for three hours.

D．It's a busy year for the clinic.