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Home
ESP & Business English
Business listening practice
Business English Video
Business speaking practic
Business reading practice
Business writing practice
Business Vocabulary
General Business English Sales & Marketing
Accounting & Finance
Business expressions
English for trade
English for restaurants
English for hotels
English for sales
English for tourism
Medical English
English for Exhibition
Business dialogues
Exam English
TOEIC Practice
TOEFL
IELTS
GMAT
GRE
SAT
Fun English
Video lessons
Vocabulary
Grammar
American Idioms
Conversational English
Reading for knowledge
Useful study skills
BBC English phrases
Jokes
Audio Jokes
Proverbs - sayings
Download
TOEIC materials
TOEFL iBT
IELTS
Vocabulary
Grammar
Pronunciation
Listening
Writing
Idioms
Others
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ESP & Business English
Business Vocabulary
Accounting & Finance
English for Accounting 3
English for Accounting 3
in
Accounting & Finance
Choose the best response for each one
Questions
Answers
Questions
1. In economics, a transfer _________________ is a non-compensatory government payment to individuals (such as welfare or social security benefits).
pay
payment
paycheck
2. Things of value owned by a business are known as its _________________.
assertions
assessment
assets
3. What's the opposite of an asset?
Cash
A liability
A liaison
4. Some think that the _________________ of many companies are overstated due to deceptive accounting practices.
earnings
money
earning
5. Every company should have a clear record of their _________________ assets.
fixed
fix
fixture
6. Is "book _________________" the same as "net worth"?
evaluation
validation
value
7. Not only has the company __________________ a lot of capital, but it has done so efficiently.
invested
invest
to invest
8. The breakeven point in sales dollars can be calculated by _________________ a company's fixed expenses by the company's contribution margin ratio.
dividing
devising
demising
9. Our company's _________________ ( = not fixed) expenses are approximately $45,000 per month.
various
variable
veritable
10. By forming a corporation, you can _________________ to only those assets owned by your corporation.
check your liability
stop your liability
limit your liability
Answers
1. In economics, a transfer _________________ is a non-compensatory government payment to individuals (such as welfare or social security benefits).
pay
payment
paycheck
2. Things of value owned by a business are known as its _________________.
assertions
assessment
assets
3. What's the opposite of an asset?
Cash
A liability
A liaison
4. Some think that the _________________ of many companies are overstated due to deceptive accounting practices.
earnings
money
earning
5. Every company should have a clear record of their _________________ assets.
fixed
fix
fixture
6. Is "book _________________" the same as "net worth"?
evaluation
validation
value
7. Not only has the company __________________ a lot of capital, but it has done so efficiently.
invested
invest
to invest
8. The breakeven point in sales dollars can be calculated by _________________ a company's fixed expenses by the company's contribution margin ratio.
dividing
devising
demising
9. Our company's _________________ ( = not fixed) expenses are approximately $45,000 per month.
various
variable
veritable
10. By forming a corporation, you can _________________ to only those assets owned by your corporation.
check your liability
stop your liability
limit your liability
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