Limba engleza

1. The opposite of accounts receivable is........
A) Current Liabilities
B) Long Term Debt
C) Notes Payable
D) Accounts Payable

Răspuns corect: D

2. Choose the best alternative to answer the following question:
What is the difference between Shareholder Equity and Book Value?
A) They are the same thing
B) Book Value excludes intangibles
C) Shareholder Equity measures only the net assets
D) One is an asset, the other ia a liability

Răspuns corect: B

3. Find the correct word to complete the following definition:
Capital accounts represent the owner's........ worth in the business.
A) equity
B) value
C) net
D) profit

Răspuns corect: C

4. Choose the right answer:
In the sentence: "The large drug company took control of the small drugstore chain", the idiom 'took control' meRăspuns corect:
A) took over
B) took stock of
C) turned over
D) sold out

Răspuns corect: A

5. Choose the right answer:
In the sentence: "The price of oil reached its lowest point in July and began to rise soon after", the idiom 'reached its lowest point' meRăspuns corect:
A) cut corners
B) closed out
C) broke even
D) bottomed out

Răspuns corect: D

6. Accountancy provides.............which is used to make future business decisions.
A) financial data
B) finance data
C) financial dates
D) finance dates

Răspuns corect: A

7. Financial statements about cash funds are usually known as.........
.........statements.
A) cash resource
B) cash outflow
C) cash loss
D) cash flow

Răspuns corect: D

8. Tom purchased 100 shares of Yummy Butter Company Stock. When the company had a jump in sales, he received................
A) interest
B) assets
C) installments
D) dividends

Răspuns corect: D

9. The price of Tom's Yummy Butter Company stock went down below what he paid for it. If he sells this stock now, he'll take a...............
A) profit
B) interest
C) dividends
D) loss

Răspuns corect: D

10. Choose the best alternative for a good definition:
In "Romanian Banks must extend the maturity of their mortgage loans in a bid to counteract the restrictive norms set by the central bank", the term 'bid' meRăspuns corect:
A) offer
B) present
C) submit
D) propose

Răspuns corect: A

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