Free Printable Ôn tập TA 25/4/2023

Worksheets

Ôn tập TA 25/4/2023

Total questions: 59

Worksheet time: 44mins

Name

Class

Date

Question 1: An accountant specializing in a company’s tax affairs.

A. Tax accountant

B. Trainee accountant

C. Public accountant

D. Cost accountant

Question 2: GAAP is the abbreviation for ……………

A. General Accepted Accounting Principles

B. Generally Accepted Accounting Principle

C. Generally Accepted Accounting Principles

D. Generally Accepted Account Principles

Question 3: Local accounting standards are

A. the rules and regulations which state how accountants operate in a particular place.

B. people or groups who are not involved with the company.

C. a firm that sells its shares to anyone who wants to buy them.

D. the way that most people do something.

Question 4: Look at the assets and ……………on the balance sheet if you want to know how the company's doing.

A. debts

B. debt

C. liability

D. liabilities

Question 5: ……………is an asset which does not have a physical nature (such as a trademark or a patent).

A. Common stock

B. Total liabilities

C. Intangible asset

D. Retained earnings

Question 6: A balance sheet in the U.K. is the same meaning as ……………in the U.S.A.

A. A statement of financial position

B. A statement of earnings

C. A profit and loss statement

D. Statement of Shareholders’ Equity

Question 7: Choose the best way to say 92.56

A. Ninety-two comma fifty-six

B. Ninety-two point five six

C. Ninety-two point fifty-six

D. Nine two point five six

Question 8: Sorry to keep you ……………Please come in and ……………a seat.

A. wait – taking

B. waiting – taking

C. waiting – take

D. to wait – to take

Question 9: The topics which would be safe to talk about with foreign business partner are….

A. sport, weather, religion

B. sport, hobby, food, appearance

C. religion, appearance, finances

D. sport, entertainment, food

10.

Question 10: To use ……………method, the expected output of the asset is taken into account in determining the rate of depreciation.

A. straight line

B. hours of use

C. unit of production

D. declining balance

11.

Question 11: How is the profit calculated?

A. 600 euro per hour.

B. It's basically income minus expenses.

C. Every three months.

D. I'm afraid that will be too late.

12.

Question 12: Don't buy a house this year - the …………taxes are being abolished next March.

A. property

B. income

C. excise

D. inheritance

13.

Question 13: IRS is the abbreviation for ……………

A. The External Revenue Service

B. The Internal Revenue Service

C. The Internal Revenue Services

D. The Inter Revenue Services

14.

Question 14: We have to keep up with the competition.

A. We can’t ignore the competition.

B. We can ignore the competition.

C. We can win the competition.

D. We can lose the competition.

15.

Question 15: Our role is only to give an opinion based on estimates. We can’t review every little thing in ……………

A. time

B. person

C. detail

D. case

16.

Question 16: Look at the chart and decide which sentence goes best with the description

A. The situation is stable.

B. There have been some fluctuations.

C. This is a significant drop.

D. Figures have increased steadily

17.

Question 17: ……………shows reduction in value due to wear and tear

A. plant

B. goodwill

C. amortization

D. depreciation

18.

Question 18: Use the ……………to pay for the tea, and we’ll sort it out later.

A. petty cash

B. cash cow

C. out of cash

D. cash on delivery

19.

Question 19: Management ……………prepare information which managers use to make decisions.

A. customers

B. accountants

C. investors

D. directors

20.

Question 20: This information should be presented in ……………English.

A. plain

B. simple

C. A and B are correct

D. A and B are incorrect

21.

Question 21: We have far too much work - we need to (employ) ………an assistant to help us.

A. employ

B. employee

C. employer

D. employable

22.

Question 22: Everything we do depends on having accurate (inform) ……………

A. information

B. inform

C. informative

D. informing

23.

Question 23: The company (produce) ………..electrical goods like photocopiers and scanners.

A. product B

b. produces

C. production

D. productive

24.

Question 24: We can't have new laptops for everyone because it’s simply too (cost) ……

A. costs

B. costly

C. costing

D. cost

25.

Question 25: The pre-tax (profit) ……………was over €12 bn.

A. profitable

B. profited

C. profit

D. profiting

26.

Question 26: We've been (allocate) ……………the conference room on the ground floor. Let's meet down there at 2 p.m.

A. allocation

B. allocates

C. allocated

D. allocate

27.

Question 27: They hope to (complete) ……………the report by Friday.

A. completion

B. completed

C. completes

D. complete

28.

Question 28: We always have the highest (sell) ……………at Christmas.

A. sell

B. sale

C. sells

D. sales

29.

Question 29: The problems in the Middle East have made it really difficult to (predict) ……………next year's turnover.

A. predicting

B. prediction

C. predictable

D. predict

30.

Question 30: I think there are some mistakes in the (calculate) ……………

A. calculates

B. calculated

C. calculating

D. calculations

31.

Question 1: You might get ……………when someone dies

A. interest

B. profit

C. gift

D. inheritance

32.

Question 2: For effective taxation planning, companies rely on tax …………..who must have an excellent understanding of both their clients’ business and the various taxation laws

A. authorities

B. laws

C. specialists

D. exiles

33.

Question 3: This was a sizeable investment on our part.

A. We spent a lot of money on this.

B. We spent very little money on this.

C. We don’t spend our money on this.

D. We spent all the money on this.

34.

Question 4: I'd prefer to do it in ……………, not over the phone.

A. time

B. person

C. detail

D. case

35.

Question 5: There are ……………mechanisms to deal with people who commit fraud.

A. law

B. rules

C. legal

D. regulations

36.

Question 6: Choose the best way to say 23.56

A. twenty-three comma fifty-six

B. twenty-three point five six

C. twenty-three point fifty-six

D. two three point five six

37.

Question 7: A fixed asset has to be written ……………over its useful life.

A. off

B. by

C. down

D. up

38.

Question 8: The governments of some countries use the ……………to promote investment.

A. income tax

B. taxation system

C. payroll tax

D. taxation planning

39.

Question 9: Look at the chart and decide which sentence goes best with the description

A. The situation is stable.

B. There have been some fluctuations.

C. This is a significant drop.

D. Figures have increased steadily.

40.

Question 10: I will ……………you in on our group.

A. start

B. fill

C. know

D. guess

41.

Question 11: IASB is the abbreviation for ……………

A. International Accounting Standards Committee

B. International Account Standards Board

C. Interview Accounting Standards Board

D. International Accounting Standards Board

42.

Question 12: The consistency principle requires that

A. accounts should be prepared on the different basis from one year to the next.

B. accounts should be prepared on the same basis from one year to the next.

C. accounts should be prepared on the same basis from last year to the next.

D. accounts should not be prepared on the same basis from one year to the next.

43.

Question 13: If we …………the assets, we can exclude these liabilities from the balance sheet.

A. service

B. come up with

C. lease

D. buy

44.

Question 14: They want us to take a pay cut this year.  “Are you kidding? ……………”

A. You’ve got a point there.

B. Me neither.

C. Fair enough.

D. No way.

45.

Question 15: ……………are the total legal obligations of a company to pay other parties.

A. Common stock

B. Consolidated affiliates

C. Intangible asset

D. Total liabilities

46.

Question 16: Stockholder in the U.S.A. is the same meaning as ……………in the U.K.

A. common stock

B. shareholder

C. common stockholders

D. owners

47.

Question 17: Choose the best way to say € 45,836

A. forty-five thousand, eight hundred and thirty-six euro

B. forty-five thousand, eight hundred and eighty-six euro

C. forty-five thousand, eight hundred and three six euro

D. forty-five, eighty-three, six euro

48.

Question 18: Accountants who are studying for professional examinations are called

A. Tax accountants

B. Trainee accountants

C. Public accountants

D. Cost accountants

49.

Question 19: To use ……………method, the expected usage of the asset is taken into account in determining the rate

A. straight line

B. hours of use

C. unit of production

D. declining balance

50.

Question 20: How much is your fee?

A. It's basically income minus expenses.

B. 600 euro per hour.

C. Every three months.

D. I'm afraid that will be too late.

51.

Question 21: What does provision mean?

A. Provision means putting money away so that we have something to pay with later.

B. Provision means putting money off so that we have something to pay with later.

C. Provision means putting money aside so that we have something to pay with later.

D. Provision means putting money on so that we have something to pay with later.

52.

Question 22: If we don't ……………the profits, we pay tax

A. sell

B. buy

C. clarify

D. invest

53.

Question 23: They earn a lot of money - they must be in the highest tax ……………

A. bracket

B. avoidance

C. exile

D. evasion

54.

Question 24: You pay ……………when you borrow money

A. profit

B. money

C. submission

D. interest

55.

Question 25: Look at the chart and decide which sentence goes best with the description

A. This is a significant drop.

B. The situation is stable.

C. Figures have increased steadily.

D. There have been some fluctuations.

56.

Question 26: I think the good …………days are long gone. We should be cutting …………

A. new – back

B. old – up

C. old – back

D. new - up

57.

Question 27: Choose the best way to say € 49,836

A. forty-nine thousand, eight hundred and thirty-six euro

B. forty-nine thousand, eight hundred and eighty-six euro

C. forty-nine thousand, eight hundred and three six euro

D. forty-nine, eighty-three, six euro

58.

Question 28: I'd prefer to do it in ……………, not over the phone.

A. time

B. person

C. detail

D. case

59.

Question 29: Look at the chart and decide which sentence goes best with the description

A. This is a significant drop.

B. The situation is stable.

C. Figures have increased steadily

. D. There have been some fluctuations.

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Ôn tập TA 25/4/2023

Total questions: 59

Worksheet time: 44mins

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