Choose the appropriate word or phrase for this definition. A person who fills out tax forms. A tax accaountant


Govern 93. Fill the space with correct word


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Pre-intermediate TESTS with options 2-kurs

Govern

93. Fill the space with correct word.
What does depreciation mean?

  1. The process by which assets lose their value


94. Fill the space with correct word or word combination.
____________is depreciation schedule in which higher amounts of value are deducted for the first years of recovery period than for later years.

  1. Accelerated depreciation

95. Fill the space with correct word.
_______________is any piece of physical property that loses value over time.

  1. Depreciable asset

96. Fill the space with correct word.
_____________is a long-term plan for how and when depreciation will occur.

  1. Depreciation schedule

97. Choose the correct statement.
What kinds of fees are called as sales tax?

  1. Fee are paid for selling products

98. Choose the correct alternative verb.
What does the verb sue refer to?

  1. Take the legal action

99. Fill the gap with correct word.
A _______ asset is any kinds of physical object that bear value.

  1. Tangible

100. Fill the gap with correct word.
___________ is damage that occurs to an item while it is being used.

  1. Wear and tear

101. Choose the correct collocations for talking about business activities.

  1. Provide services, add value, make a profit

102. Complete the statement with the suitable collocations.
There are many different types of business. Some _______, like cars or TVs; others _______, like health care or education.

  1. Make goods, provide services


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