Empower B2 - UNIT 08 - VOCABULARY TEST

What does debit mean?

• A debit is an entry that only affects revenue accounts.

• A debit is an accounting entry that only decreases assets.

• A debit is a type of loan that increases liabilities.

• A debit is an accounting entry that increases assets or expenses and decreases liabilities or equity.

What does it mean to donate?

• To give something voluntarily without expecting anything in return.

• To sell items for profit.

• To give something only to friends and family.

• To receive something in exchange for a service.

What is finance?

• Finance is the process of building structures.

• Finance is the management of money and investments.

• Finance is the study of historical events.

• Finance refers to the art of cooking.

What does it mean to make a living?

• To make a living means to spend all your money.

• To make a living means to earn sufficient income to support oneself.

• To make a living is to live in luxury without working.

• To make a living refers to having a hobby that costs money.

What is an edition?

• A specific version of a published work.

• A type of book cover design.

• A method of printing books.

• A genre of literature.

What does money to spare mean?

• Having extra money available after expenses.

• Being in debt and unable to pay bills.

• Spending all your money on luxury items.

• Having no money at all.

What does on the line mean?

• A method of communication.

• A type of clothing style.

• A line drawn on paper.

• At risk or in jeopardy.

Who is a host?

• A host is a guest at an event.

• A host is someone who attends an event.

• A host is a type of food served at a party.

• A host is someone who organizes and facilitates an event.

What does likewise mean?

• In a different manner; differently.

• In contrast; oppositely.

• At the same time; concurrently.

• In the same way; similarly.

What is a purchase?

• A purchase refers to a loan taken from a bank.

• A purchase is a type of investment in stocks.

• A purchase is the act of acquiring goods or services in exchange for money.

• A purchase is the act of selling goods or services.