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» » Английский язык (профессиональный)

Тест "Английский язык (профессиональный)"    

A company’s liability is limited to the value of its share capital: the amount of cash that the shareholders have contributed to the company.

Exports and government spending are injections into the national income.

Factor inputs used in the production of goods and services are wages, salaries and other incomes.

Governments finance their spending by imposing taxes and borrowing from banks and the general public.

In Britain and the US, partnerships do not have limited liability for debts, so the partners are not fully responsible for any debts the business has.

In most continental European countries there are various kinds of partnership which are legal entities.

In the US limited partnerships and S corporations avoid double taxation.

In the US the advantage of a limited liability company, over a limited partnership, is that every owner has limited liability.

Match the definition with the term “ACCRUED INTEREST”.

Match the definition with the term “BREAKEVEN OUTPUT”.

Match the definition with the term “CREDIT POLICY”.

Match the definition with the term “INVENTORY MANAGEMENT”.

Match the definition with the term “OPTIMAL DIVIDEND POLICY”.

Match the definition with the term “PRODUCTION”.

Match the definition with the term “PRODUCTIVITY RATIOS”.

Match the definition with the term “PROFITABILITY RATIOS”.

Match the definition with the term “SHORT TERM FINANCING”.

Match the definition with the term “WEALTH MAXIMIZATION”.

Movements in the exchange rate facilitate international trade.

NEED: This is often thought of as a physiological or biological ____1____ for maintaining life, such as the need for air, water, food, ____2____, and sleep. ____3____ is achieved by fulfilling needs. Physiological needs should be contrasted with psychological ____4____ that make life more enjoyable but are not ____5____ to stay alive.

Public companies in the UK are called limited companies or listed companies.

Public companies in the US are called SEC-registered companies or quoted companies.

Public corporations in the UK are similar to public corporations in the US.

Put the words in the correct order to make up a sentence.

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.

SUBSIDY: Is a payment from ____1____ to individuals or businesses without any expectations of production. Government extends ____2____ for many different reasons. They go to students, ____3____, the poor, farmers, wealthy friends of political leaders, businesses trying to fend off foreign ____4____.

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

The more the country is involved in international trade the less advanced it is.

The sole trader is a legal entity because it is separate from its owner and it can be sued, taxed, and fined like an individual.

The US equivalent of a Limited Company is a corporation registered with the Securities and Exchange Commission.

What of the following is not true about A LIMITED LIABILITY COMPANY IN THE US?

What of the following is not true about A LIMITED PARTNERSHIP IN THE US?

What of the following is not true about DOUBLE TAXATION?

What of the following is not true about INVESTMENT?

What of the following is true about DIVIDENDS?

What of the following is true about LIQUIDITY RATIOS?

What of the following is true about WORKING CAPITAL?

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

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

Which of the following can’t be matched with the term “an exchange rate”?

Which of the following can’t be matched with the term “Capital Account”?

Which of the following can’t be matched with the term “devaluation”?

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

Which of the following cannot be used to replace the word “ENTERPRISE”?

Which of the following cannot be used to replace the word “FACTORY”?

Which of the following is not true about macroeconomics?


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