20 CÂU HỎI
The great advantage of using …………. for payments is that you don’t have to carry large amounts of cash around with you:
A. Checks
B. Bills of exchange
C. Promissory notes
To put money into the bank:
A. To deposit
B. To withdraw
C. To endorse
To subtract money from an account:
A. Credit
B. Debit
C. Clear
To make two accounts match with each other:
A. Honour
B. Present
C. Reconcile
Interest…………..are their lowest level since the 1980’s:
A. Figures
B. Rates
C. Numbers
The remaining amount of money in an account:
A. Credit
B. Debit
C. Balance
The money that you borrow from a banking institution is called a……..:
A. Loan
B. Deposit
C. Commission
Money in the form of bank notes and coins:
A. Cash
B. Cashier
C. Cashew
A customer can deposit and withdraw the money in a ----------------- at any time without waiting for a period of time:
A. demand deposit account
B. time deposit account
C. savings account
……………………involves recording every purchase and sale that a business makes, in the order that they take place, in journals:
A. Bookkeeping
B. Accounting
C. Auditing
The ……………….represents the total value of the goods and services produced by a country over some unit of time (a month, a season, a year etc.):
A. Gross Domestic Product
B. Gross Profit Margin
C. Gross National Income
An economy that lacks a commonly accepted currency, so all exchanges must be made with goods and services because money does not exist in these economies:
A. Monetary economy
B. Barter economy
C. Commodity economy
The ……………………… measures how much the price of a basket of consumer goods has changed over a given time period:
A. Consumer Behavior Index
B. Consumer Confidentiality Index
C. Consumer Price Index
…………………. acts as a unit of account, a store of value, and a medium of exchange in transactions:
A. Currency
B. Cash
C. Money
………are people who put money into a business in the hope of making a profit:
A. Borrowers
B. Spenders
C. Investors
A record of a depositor’s deposits and withdrawals:
A. Accounting
B. Accountant
C. Account
Payment by the bank for the use of a depositor’s money:
A. Principal
B. Interest
C. Loan
In order to withdraw money the bank requires your………….. :
A. Statement
B. Savings account
C. Signature
When you give money to a bank, who are you?
A. A borrower
B. A depositor
C. A withdrawer
Things a company owns and uses in its business:
A. Liabilities
B. Owners’ equity
C. Assets