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Business English Exercises
 

Useful Life

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 401
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useful life answer 1
The residual value is the sum for which the lessee can purchase the vehicle at the end of its lease term, if s/he decides s/he would like to buy it.

Correct answer: (c) residual

Meaning of business term residual
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useful life, question 1 useful life, financial terminology, what does residual mean? what is the definition for residual?

491 Business English Exercises — Printable, photocopiable.
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useful life answer 2
After deciding what percent of the portfolio to devote to a sector rotation strategy, the investor then identifies the business cycle to target, and once this is accomplished, he determines which companies will benefit from it.

Correct answer: (c) rotation

Meaning of business term rotation
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useful life, question 2 list of bonds words coupon, slander, debit, eviction, what does rotation mean?

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useful life answer 3
A bond agreement may also include a sinking fund provision requiring a company to repay a specific number of bonds in specific years or to retire a portion of a bond issue each year until it has been fully repaid.

Correct answer: (d) sinking

Meaning of business term sinking
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useful life, question 3 lending credit vocab liquidity, appraisers, furthest, mutual, involuntary, what does sinking mean?

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useful life answer 4
Stock traders will frequently choose the simple buy-low-and-sell-high, range-limited approach, but as we attempt to choose the next major bottom or top, we may experience the frustration of our trade being stopped out, while the market continues to slightly new lows or highs.

Correct answer: (c) out

Meaning of business term out
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useful life, question 4 mergers acquisitions words plaguing, coalesced, constitutes, what does out mean? what is the definition for out?

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useful life answer 5
The manager of a tax-managed fund may intentionally sell some stocks for losses specifically so that these losses can offset future gains or actively sell shares with the highest cost to create as slight a gain as possible — or even a loss.

Correct answer: (d) a tax-managed

Meaning of business term a tax-managed
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useful life, question 5 mutual funds terms ravages, pervasive, up, waged, primacy, what does a tax-managed mean?

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useful life answer 6
In the administration of estates for private individuals, the trust company has mostly replaced personal attorneys, because it has the advantage of corporate responsibility and continuous life, proper offices, burglar-proof safes, and specialized employees in each department.

Correct answer: (d) trust

Meaning of business term trust
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useful life, question 6 useful life, real estate words pivotal, ferocity, array, peer, what does trust mean?

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useful life answer 7
A wage assignment permits your creditor to require that your employer deduct funds from your pay check in order to pay your debt, and because it is a voluntary deduction to which you must agree, it can be enforced without a court ruling.

Correct answer: (a) assignment

Meaning of business term assignment
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useful life, question 7 retirement words perish, inseparable, ownership, deterioration, what does assignment mean?

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useful life answer 8
Adjusted Gross Income equals income from taxable sources less allowable adjustments; it is utilized to determine taxable income by deducting personal exemptions plus either itemized or a standard deduction.

Correct answer: (a) Adjusted

Meaning of business term Adjusted
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useful life, question 8 terms of stock haphazard, meet, central, fall, address, what does adjusted mean?

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useful life answer 9
Its Corporate Financing Committee has reviewed all criteria for qualified independent underwriters and recommended certain amendments to the Board of Governors of the NASD, which has approved them.

Correct answer: (c) Financing

Meaning of business term Financing
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useful life, question 9 technical analysis words event, firm, spiral, alternative, cost of, what does financing mean?

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useful life answer 10
Payroll taxes are garnished under the authority of the Federal Insurance Contributions Act; in the first 1935 legislation, the benefit provisions were listed in Title 2 of this law, and that is why Social Security is sometimes called 'the Title 2 program'.

Correct answer: (a) Insurance

Meaning of business term Insurance
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useful life, question 10 trading words balanced, hedge, commitment, exchange, what does insurance mean?

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
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EFL/ESL Links: Marketing Strategy • Financial words device, inform, spreading, foremost, makes • Marketing Strategy (Answers) • Terms of stock haphazard, meet, central, fall, address • Services Marketing • Business vocabulary disposition, lifelong, induction, facing • Services Marketing (Answers) • Retirement words perish, inseparable, ownership, deterioration • University Public Relations • Dividends words debacle, inestimably, exemplary, faceted • University Public Relations (Answers) • Real estate words pivotal, ferocity, array, peer • The GATT System • Brokerages term concerted, enshrined, quilt, conviction, abrogated • The GATT System (Answers) • Mutual funds terms ravages, pervasive, up, waged, primacy • Gray Market Goods • Ipos terminology alleged, facie, burden, held, before • Gray Market Goods (Answers) • Mergers acquisitions words plaguing, coalesced, constitutes • SLR • Law estate terms spreads, story, direct, final, rate lock • SLR (Answers) • Lending credit vocab liquidity, appraisers, furthest, mutual, involuntary • Fixed-income Investments • Currency vocab indexed, prime, hit, due bill, commitment • Fixed-income Investments (Answers) • List of bonds words coupon, slander, debit, eviction • ESL test: Useful Life • Financial vocabulary • ESL Audio Online - English MP3 - English Pronunciation
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