.


:




:

































 

 

 

 


: My partner bought the stocks of the company five years ago.




1. : A business corporation is an institution established for the of making profit.

1) purchase

+2) purpose

3) pupil

4) purity

 

2. :All products and all services have .

1) note

2) debt

+3) prices

4) interest

3. : A business corporation is an institution established for the purpose of... profit.

1) corporation

+2) making

3) tax

4) stock

: We have a share in their business.

1)

2)

3)

+4)

5. :They failed of a bad promotion campaign.

1) instead

+2) because

3) while

4) still

: A partnership is an association of persons to carry on a business for profit.

+1)

2)

3)

4)

 

7. : Most businesses prepare regularly two types of records.

1)

2)

+3)

4)

: The income statement and the balance sheet are two types of records.

+1)

2)

3)

4)

 

9. : The income statement and the balance sheet are two types of records.

1)

+2)

3)

4)

 

10. :A person who decides on hiring and firing is called a .

1) employee

+2) director

3) lawyer

4) book-keeper

 

11. : The accounting records show how money was received and spent by the company.

1)

+2)

3)

4)

 

12. : The board of directors wants the officers to plan product development.

1)

+2)

3)

4)

: The data of accounting records is used by different structures.

+1)

2)

3)

4)

 

14. : Both partners are responsible for all debts.

+1)

2)

3)

4)

 

15. : Customers do care about the price on this product.

1)

2)

3)

+4)

: The forms of business are the sole proprietorship, the partnership and the corporation.

1)

+2)

3)

4)

 

17. : Customers do care about the price on this product, it is a very price-sensitive item.

1)

2)

3)

+4)

: The forms of business are the sole proprietorship, the partnership and the corporation.

1)

+2)

3)

4)

 

19. : The first advantage of the corporation is the ability to attract financial .

1) respects

+2) resources

3) resorts

4) responses

 

20. :The price on supply and demand.

1) depend

+2) depends

3) is depending

4) have depended

 

21. : : The factory must modify its old equipment.

1) have to

+2) has to

3) can

4) is able to

 

22. : Producers must know why, where the consumers buy.

+1) have to

2) has to

3) is to

4) can

 

: We organized our corporation a year ago.

+1)

2)

3)

4)

: The construction of good shopping centers has made goods available to consumers.

1)

2)

+3)

4)

: My partner bought the stocks of the company five years ago.

1)

+2)

3)

4)

 

26. : A lot of money on weapons every day.

1) are spent

+2) is spent

3) spent

4) be spent

 

27. : The secretary the letters tomorrow.

1) mails

+2) will mail

3) mailed

4) is mailing

 

28. : I the balance sheet by 15 o'clock tomorrow.

+1) will have finished

2) was finished

3) is finishing

4) finished





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