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Money IE 81

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

The rate at which the currency of one country can be changed for the currency of another country

a)

exchange rate

b)

commission

c)

dividend rate

d)

bureau de change

2.

The US dollar fell yesterday against most foreign .......

a)

prices

b)

taxes

c)

currencies

d)

banknotes

3.

VAT stands for

a)

voting accounting tax

b)

value added tax

c)

value advertising tax

d)

vet auditing tax

4.

The ...... of the painting has been put at £1 million.

a)

amount

b)

reduction

c)

wages

d)

value

5.

Your ..... will be paid on the third week of each calendar month.

a)

free meals

b)

salary

c)

pension

d)

cheque account

6.

To receive money as payment for work that you do

a)

write cheques

b)

pay off

c)

earn

d)

get into debt

7.

This credit card allows you to ........ up to £200 a day from ATMs.

a)

pay off

b)

earn

c)

withdraw

d)

pay cash

8.

An extra amount that we have to pay

a)

charge

b)

expense

c)

limit

d)

withdrawal

9.

Police are investigating how £20 million was illegally ...... from the trust's bank account.

a)

paid off

b)

owed

c)

sold

d)

transferred

10.

You should put the money in a savings account where it will earn ......

a)

wages

b)

overtime

c)

interest

d)

ATM

11.

An amount of money needed or used to do or buy something

a)

statements

b)

expenses

c)

profit

d)

costs

12.

Money that a business earns above what it costs to produce and sell goods and services

a)

profit

b)

loss

c)

break even

d)

costs

13.

To say how many products will be sold in a particular

period. This is a ....

a)

sales forecast

b)

sales figures

c)

sales control

d)

budget

14.

If we spend more than we get in sales, we make .......

a)

a forecast

b)

a tax

c)

a profit

d)

a loss

15.

We bought a TV that was ...... from £500 to £350 in the sales.

a)

cost

b)

broken even

c)

reduced

d)

forecast