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Worksheets

Accounting Vocabulary

Total questions: 18

Worksheet time: 9mins

Name
Class
Date
1.

I got a loan in the bank for more than $100,000 pesos. Now I have a big ______with them, I think for many, many years.

a)

taxes

b)

fine

c)

payment

d)

debt

2.

The government forces me to pay my ______, it's part of my responsibility as a citizen they say.

a)

fines

b)

taxes

c)

credit card

d)

balance

3.

When I need to buy something expensive but I don't have the money I use my _________.

a)

debit card

b)

credit card

c)

balance

d)

bank account

4.

I receive a _______in exchange for my services.

a)

debit card

b)

balance

c)

payment

d)

fine

5.

Every month I have to pay _________, to continue having all services I need.

a)

my bills

b)

my payments

c)

my fines

d)

my taxes

6.

I just opened ___________ to have all my money there.

a)

payment

b)

a bank account

c)

debit card

d)

balance

7.

My ______is correct, I was supposed to have that amount of money.

a)

debit card

b)

balance

c)

fine

d)

taxes

8.

My bank gave me a _______to have access to my money whenever I want.

a)

credit card

b)

bank account

c)

balance

d)

debit card

9.

A bookkeeper is:

a)

a person who have a business

b)

a person who records transactions

c)

a person who reviews books

10.

A trainee is:

a)

A person who is learning a new job

b)

A person who works

c)

A person who is doing exercise

11.

Normally, bookkeepers work in a _____

a)

house

b)

street

c)

back-office

12.

How do you say "impuesto" in english?

(a)  

13.

Choose the possible jobs for accountants:

a)

Auditor

b)

Bookkeper

c)

Teacher

d)

Lawyer

14.

Accelerated depreciation

a)

It's a depreciation schedule in which higher amounts of value are deducted for the first years of the recovery period than for later years.

b)

It refers to the accelerator of a race car.

15.

Accounting software

a)

It's a computer program that records and organizes financial information.

b)

It’s a video game designed for children of 4 years.

16.

Accounts payable

a)

They are the recorded amounts of purchases for which a company has not yet made payment.

b)

It is a credit card that is used to make purchases.

17.

Accounts receivable

a)

They are the recorded amounts of sales for which a company has not yet received payment.

b)

They are the debts that the company has with other entities.

18.

Adjusted trial balance

a)

An adjusted trial balance is a listing of account balances after corrections have been made.

b)

It is a list of debts that must be paid.