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Тест "Английский язык"    

In each group of synonymous words find an odd one.



Fill each gap in the text below with the correct word from the box.
value
monetary
goods
unit
convenient
function
account
Впишите, вместо (....), выбранные слова

Money can also serve as a standard of (…).Society considers it (…) to use a (…) unit to determine relative costs of different (…) and services. In this (…) money appears as unit of (…), is the (…) in which prices are quoted and accounts are kept. Money is a store of value because it can be used to make purchases in the future.



Choose the correct verb form.

Privately owned firms ___________ the opportunity of increased profits and produce new favoured products.

I think that you will be able to sell your computer, but at $700 there _____no demand at all for a used notebook.

A few days ago FMA _______the Keycharge bank card system.

Firms __________ to be highly competitive in such environment.

We see that in a market economy consumers __________what is to be produced

The old man was fired, his unemployment insurance was over and he _______find any job.

Employers ___________ wages to the workers according to their skills.

When people make choice between two possible uses of their limited resources they ________a tradeoff between them.

An Advertising Agency staff______ be specialists in buying space in newspapers, or time on radio and television

One of the disadvantages of economic growth is that it ________cause air and water pollution.

We exchange our money for goods and services which others ______for us.



Identify the ONE word or expression, that must be changed in order to correct the sentence.

Consumers will be will to pay high prices for products they particularly desire.

People begins to learn about economics when they are still very young. Before they start school, they make two very important economic discoveries

There is a big gap between what people wants and what they can have.

The company has just received a bill for utilities. They didn’t pay for electricity. No, they have paid but the receipt is lost.

He lost his job this month and he is unemployed. He lost his position because he was rude to his supervisor.

It looks like business in Russia was beginning to play an important role in a market economy.

He was actually the only one who was listening carefully to what I was saying. That’s why he was attracted my attention at once.



Which of the followiong can be one of the benefits of MNCs?

Which of the following can be defined as “economic system”?

Which of the following cannot be defined as “index”?

Which of the following cannot be defined as “GDP”?

Which of the following cannot be defined as “variable”?

Which of the following can be considered an injection into the continuous movement of production, income, and resources between producers and consumers?

Which of the following can be defined as “market”?

Which of the following cannot be identified as “an economic variable”?



State if the sentence is true or false.

External economies of scale are enjoyed by an undustry as it increases in size.

Exports and government spending are injections into the national income

Certain features from both economic systems provide for flexibility in some areas and government control in others.

MNCs are able to transfer resources from one country to another so as to gain the benefit of cheap labour and low taxation.

The market price for each commodity or service is determined by the interaction of supply and demand.

Mixed economies prevail in many countries where neither the government nor the business entities control the economic activities of that country.

The flow of factor incomes is counter the flow of factor inputs.

Market economies aim to provide subsidies for a particular industry.



Choose the word or the word combination which is not logically connected with the remaining three



State the sequence of the words and expressions to fill in the gaps in the text.
SERVICE: Is an activity that provides direct satisfaction of ____1____ without the production of a tangible ____2____. Examples include ____3____, entertainment, and education. This term service should be contrasted with the term ____4____, which ____5____ the satisfaction of wants and needs with tangible items.
(пронумеруйте слова в том порядке, в каком они должны заполнить пропуски в тексте.)

State the sequence of the words and expressions to fill in the gaps in the text.
ECONOMIST: This an individual who has received ____1____ in economic theories, applications, and analysis and whose primary ____2____ involves the research, teaching, consulting, and other ____3____ of this economic training. Many economists are employed by ____4____ of higher education for the purpose of enlightening college students. Other economists are employed by government agencies for the purpose of applying ____5____ to important policy decisions.
(пронумеруйте слова в том порядке, в каком они должны заполнить пропуски в тексте.)

State the sequence of the words and expressions to fill in the gaps in the text.
RECESSION: It is the common term used for the contraction phase of the ____1____ cycle. A general period of declining economic ____2____. Inflation tends to be low or non-existent during a ____3____. Recession ____4____ anywhere from six to eighteen months, with one year being common.
(пронумеруйте слова в том порядке, в каком они должны заполнить пропуски в тексте.)



What is true about “fixed costs”?

Which of the following could be used to replace the word “budget”?

Which of the following cannot be identified as a cost centre?

Which of the following could be used to replace the verb “audit”?

Which of the following can be defined as “the subject of audit”?

Which of the following can be used to replace the word “Assets”?

What of the following is NOT true about different budgets?

Which of the following can be defined as “auditor`s report”?



In each group of synonymous words find an odd one

Which of the following could be used to replace the verb “report”?

What of the following is NOT true about an auditor`s report?



Match the definition with the term “VARIANCES”.

Match the definition with the term “MATERALS USAGE VARIANCE”.

Match the definition with the term “MATERIALS BUDGET”.

Match the definition with the term “EXTERNAL AUDITORS”.

Match the definition with the term “SALES VOLUME VARIANCE”.

Match the definition with the term “A FAVOURABLE VARIANCE”.

Match the definition with the term “EARNINGS”.

Match the definition with the term “MATERIAL PRICE VARIANCE”.

Match the definition with the term “CASH FLOW”.

Match the definition with the term “DIRECT LABOUR BUDGET”.

Match the definition with the term “SALES PRICE VARIANCE”.

Match the definition with the term “CASH BUDGET”.

Match the definition with the term “FIXED COSTS”.

Match the definition with the term “BUDGET”.

Match the definition with the term “MARKET PENETRATION”.

Match the definition with the term “STATEMENT”



Choose the correct grammar form.

An electrical retailer has two identical hi-fi systems for sale, one (...) at &200 and the other at &300.

The Chief Accountant (...)lately so she forgot about the arrangement.

The Chairman entered the room, greeted the Board members and introduced the gentleman he (...)

The manager thought that if they (...) money from their debtors they (...) to buy more materials.

The problem (...)by the time the auditors came to the company.

If internal controls (...) as strong, this will reduce but not eliminate the amount of work the auditor needs to do.

The company will not release its annual financial statements as long as they (...).

This accounting information (...)



State the sequence of the words to fill in the gaps in the letter.

confirm
premises
transferred
bill
standing

Dear Sir
Account No. 2384513630
We have just moved to new (...) at the above address and would like to pay our (...) of USD 1,200.00 to our landlords, Bush and Green, 18 Blare Street, London SW7 1LN by a (...) order. Would you please arrange for USD 1,200.00 to be (...) from our account to their account with Midland Bank on the 1st of every month, beginning 1 March this year? Please (...) the arrangement.
Yours faithfully

State the sequence of the words to fill in the gaps in the letter.

invoice
in response to
settlement
for
enclose

Dear Sirs
(...) your letter of 6 September I (...) a cheque (...) USD1,000 in full (...) of your (...) number X312, with my apologies for late payment.
Yours sincerely…


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