TOEIC VOCAB TUAN 2

What does advancement in a company mean?

• Getting fired

• Moving up in position

• Staying in the same role

• Going on vacation

What is revenue?

• The money a company makes

• The money a company spends

• The amount of debt a company has

• Employee salary

What is an expense in business?

• A loss

• A cost of operating

• An investment

• A sale

Profit is the amount of money...

• Gained after expenses are deducted from revenue

• Gained from selling products

• Spent on services

• Given to employees

What does a loss represent in business?

• A surplus of money

• Profit made

• Negative financial result

• An expense

What is inventory?

• The stock of products a company holds

• The money earned from sales

• A type of loan

• Customer data

An investment is...

• A type of debt

• A purchase made to generate future profit

• A sale to clients

• A form of tax

What is a transaction?

• A meeting between companies

• An exchange of goods or services for payment

• A marketing strategy

• A service plan

A loan is...

• Money that is borrowed and must be repaid

• A financial investment

• A business strategy

• A company's savings

What is interest in the context of a loan?

• The principal amount

• The profit margin

• The cost of borrowing money

• The amount borrowed