English for Accounting

Which one is a tangible asset ?

• account payable

• stock exchange

• machinery

• 
  company building

Managing ........ effectively is critical to a good financial planning.

• liabilities

• stock exchange

• income

• balance sheet

A building is not a tangible asset

• True

• False

The example of an operating aset is ......

• building

• obligation

• tangible asset

• cash

Some of your more recent ........ may not be showing up in our records yet.

• loss

• asset

• gross

• transactions

Short term liabilities should be paid within a year

• True

• False

Most of the companies` ............ consist of real estates.

• gross

• asset

• income

• profit

1. 1. Computers

2. 2. Brand

3. 3. cash

4. 4. Copyrights

5. 5. Patents

6. 6. Machinery

Which ones are the intangible asset ?

• 1, 3, 4

• 2, 3, 5

• 4, 5, 6

• 2, 4, 5

The company made a ....... due to the covid 19.

The new company is getting a lot of....... as the sales are higher than expected.

• profit

• loss

• income

• gross