Business English Test: Investing in Business

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Questions and Answers

Finance involves the 1...... of money. What is the correct answer?

  • Granting
  • Raise
  • Capital
  • Bills
  • Product
  • Ownership
  • Loans
  • Management (correct)

All businesses must have enough 2..... on hand. What is the correct answer?

  • Ownership
  • Capital (correct)
  • Raise
  • Bills
  • Loans
  • Management
  • Product
  • Granting

Businesses must have enough capital on hand to pay their 3....... What is the correct answer?

  • Bills (correct)
  • Raise
  • Loans
  • Product
  • Ownership
  • Capital
  • Management
  • Granting

In some cases businesses 4..... long-term capital. What is the correct answer?

<p>Raise (C)</p> Signup and view all the answers

Businesses seek to raise capital by selling 5...... in the company. What is the correct answer?

<p>Product (E)</p> Signup and view all the answers

Other common financial activities include 6...... What is the correct answer?

<p>Loans (H)</p> Signup and view all the answers

Businesses need monitoring and collecting on credit or 7....... What is the correct answer?

<p>Granting (H)</p> Signup and view all the answers

Flashcards

Management

The administration and control of a business.

Capital

Money or assets used for investment or starting a business.

Bills

Statements of money owed for goods or services.

Raise

To obtain or accumulate something, especially money.

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Product

A tangible item or service produced for sale.

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Granting

The act of officially providing or conferring something.

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Ownership

The right, title, and interest in property.

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Loans

An amount of money borrowed, usually from a bank.

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Finance

The management of money and financial resources.

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Capital on Hand

The sum of money available to a business.

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Expand Operations

Activities aimed at increasing business size or scope.

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Selling Ownership

Selling a portion of a business to investors.

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Monitoring

Supervising and directing business activities.

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Collecting on Credit

Obtaining payment for credit sales or invoices.

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Pay Bills on Time

Ensuring payments are made punctually.

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Working Relationship with a Bank

A cooperative relationship with a financial institution.

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Obtain a Loan

Obtaining funds that must be repaid over time.

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Financial Division

The department that handles a company's financial matters

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Study Notes

  • This is a Business English Test for Licence 2 students at Alassane Ouattara University.
  • The academic year is 2023-2024.
  • The test duration is 1 hour and 15 minutes.
  • The test focuses on the topic of investing in business.

Exercise 1

  • Involves matching ciphers with letters.
  • The goal is to create a meaningful business English text.
  • The options for matching include:
    • A) loans
    • B) ownership
    • C) granting
    • D) capital
    • E) bills
    • F) management
    • G) raise
    • H) product

Text Completion

  • Finance involves management of money.
  • All businesses must have enough capital to pay their bills.
  • For-profit businesses seek extra capital to expand their operations.
  • Businesses can raise long-term capital by selling their product in the company.
  • Common financial activities include granting, monitoring, and collecting on credit or loans to ensure customers pay bills on time.
  • The financial division of any business must also establish a good working relationship with a bank which is especially important when a business wants to obtain a loan.

Answers

  • The first seven answers are as follows:
    • 1: F
    • 2: D
    • 3: E
    • 4: G
    • 5: H
    • 6: C
    • 7: A

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