Accounting
TOEIC
TOEIC Question
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100

What is the term used to describe the financial statement that shows a company's revenue and expenses over a specific period? "
a) Balance sheet
b) Income statement
c) Cash flow statement

Correct answer: b) Income statement

100

Please ___ seated until the plane lands.
A: depart
B: delay
C: remain

C

100

We are looking for enthusiastic candidates with an educational background in finance or _______.
A) account
B) accountant
C) accounting
D) accounted

Correct answer: accounting

100

We are looking for enthusiastic candidates with an educational background in finance or _______.
A) account
B) accountant
C) accounting
D) accounted

C

100

CEO is the abbreviation for 

Chief executive officer

200

Which of the following is an example of a current liability?
a) Accounts payable
b) Property, plant, and equipment
d) Long-term debt

Correct answer: a) Accounts payable

200

I can't _______ to buy a private house.
A: discount
B: afford
C: display

B

200

He is _____ the printer.
A: earning
B: dealing
C: operating

Correct answer: operating

200

What does ASAP mean?

Correct answer: As Soon As Possible

300

What is the term used when we gradually subtract the value of something, like equipment, because it gets older or worn out over time?
a) Depreciation
b) Capitalization

Correct answer: a) Depreciation

300

Name two things you need in order to get on the plane.

1. boarding pass
2. passport / ID

300

All candidates should have good communication skills. Job experience is not _____
A) basic
B) decisive
C) additional
D) necessary

Correct answer: necessary

300

If you lived closer to the office, you ________ any trouble getting to work on time.
a) don't have
b) won't have
c) didn't have ,
d) wouldn't have

Correct answer: wouldn’t have

300

Who said, "The only way to do great work is to love what you do"?
a) Steve Jobs, co-founder of Apple Inc.
b) Bill Gates, founder of Microsoft

Correct answer: Steve Jobs

400

What is the difference between "salary" and "wage"?

wage = paid on an hourly basis
salary = paid on a yearly/monthly/weekly basis

400

For Sunday, March 23 to Thursday, Mach 27, the employee cafeteria kitchens will undergo renovations as new appliances and equipment _______ in to replace the old ones.
A) are bringing
B) have brought
C) bring
D) are brought

Correct answer: are brought

400

If we ________ more time, we would be able to do a better job.
a) would have
b) will have
c) have
d) had

Correct answer: had

400

Say one of those tongue twisters fast:

  1. She sells seashells by the seashore.

  2. Peter Piper picked a peck of pickled peppers.

  3. Six slippery snails slid slowly seaward.

Good job!

500

What does the term "liquidity" refer to in financial analysis?
a) The ability of a company to generate profits
b) The ability of a company to meet its short-term obligations
c) The ability of a company to attract investors
d) The ability of a company to expand its operations

Correct answer: b) The ability of a company to meet its short-term obligations

500

What does the idiom "call it a day" mean?
a) stop doing something, e.g. a meeting
b) you say it when a day has been very special

a) Okay, everyone, let's call it a day.

500

Midea has _____ experience working with small businesses and companies in the consumer appliance industry.
A) generous
B) extensive

C) extensively


Correct answer: extensive

500

Mr. Hansen got the job ______ she has very little experience and no college degree.
a) because
b) even though
c) moreover
d) since

Correct answer: even though

500

Sing a song in English, but the lyrics have to be correct!

La, la, la!