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5 Written questions

5 Matching questions

  1. net income
  2. variable expenses
  3. wage
  4. debtor
  5. fee
  1. a money paid to others for their services
  2. b a person who owes money
  3. c money received by workers, usually on a weekly basis, for services they provide to an employer
  4. d the amount a person has left after income tax is deducted
  5. e expenses that change over time

5 Multiple choice questions

  1. something deposited as a guarantee to
  2. to take back goods bought on credit if repayments have not been made
  3. a certain amount of money can be taken outof the borrower's wages
  4. an organisation that keeps on ®le the
  5. a person who is owed money

5 True/False questions

  1. fixed expensesexpenses that are the same amount


  2. premiumwhat remains after all business expenses are deducted from the sales revenue


  3. investmentputting money into something in order to


  4. equitiesrepresent a small slice of the ownership (a


  5. bankruptwhen a business, or person, is unable to pay her or his debts