[{"data":1,"prerenderedAt":46},["ShallowReactive",2],{"q-sec_sr_invest-115-1-014":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":21},"sec_sr_invest","證券商高級業務員資格測驗——證券投資與財務分析(試卷「投資學」)","c4",{"id":8,"exam":4,"session":9,"qno":10,"question":11,"options":12,"answer":17,"chapter":18,"freq":17,"explanation":19,"difficulty":20},"sec_sr_invest-115-1-014","115-1",14,"以會計之保守原則，下列何者較適合用來衡量股價是否低估？",[13,14,15,16],"本益比","市價淨值比","市價營收比","選項(A)(B)(C)皆可",1,"股票評價與基本分析","本題考在會計保守（穩健）原則下，哪一項評價指標較適合用來判斷股價是否被低估。保守原則要求資產與淨值傾向以成本或較低估值列帳，不輕易高估，因此帳面淨值相對穩健可靠，(B) 市價淨值比以這種偏保守的每股淨值當分母，較能穩健地衡量股價是否低於其實質價值，故為正解。(A) 本益比的分母是盈餘，盈餘容易受會計選擇、一次性損益與景氣循環影響而大幅波動，甚至可能為負，穩定性不足。(C) 市價營收比的分母是營收，雖較不易被操縱，但營收未扣成本費用，無法反映實際獲利與淨值品質，也不直接受保守原則規範。正因 (A)(C) 兩者較不符保守原則的穩健精神，所以 (D) 三者皆可並不成立，答案應鎖定最貼近帳面淨值的市價淨值比。","medium",[22,26,30,34,38,42],{"id":23,"question":24,"qno":25},"sec_sr_invest-114-3-015","當國外大型塑膠廠發生火災時，對國內生產同產品之塑膠類股股價的影響為何？",15,{"id":27,"question":28,"qno":29},"sec_sr_invest-114-3-017","其他因素不變下，新臺幣升值會引起進口物價：",17,{"id":31,"question":32,"qno":33},"sec_sr_invest-114-3-018","經濟的「痛苦指數」是指：",18,{"id":35,"question":36,"qno":37},"sec_sr_invest-114-3-019","價值型股票通常具有什麼特性？",19,{"id":39,"question":40,"qno":41},"sec_sr_invest-114-3-034","老王對甲公司與乙公司股票之要求報酬率為 12%，而預期兩股票均可在未來一年發放 2 元之現金股利，而甲公司每年股利可成長 9%，乙公司可成長 8%，則甲股票之價格應較乙股票：",34,{"id":43,"question":44,"qno":45},"sec_sr_invest-114-3-035","在股東權益報酬率(ROE)小於資金成本率(K)且為正數的情況下，當公司把盈餘保留率提高時，下列何者正確？",35,1787293958270]