剑桥商务英语考官推荐（剑桥商务英语中高级必考词汇训练题）BEC Vantage Vocabulary Training
Test Five
I.
Choose the best answer.
1. Bank customers who are not business customers are called _____ customers. A) single B) personal C) individual D) general
2. If you pay by credit card, you have to _____ the transaction by signing a pay slip. A) authorize B) withdraw C) deposit D) transfer
3. A device which the retailer uses to receive electronic payments is called ______. A) an ATM B) a cash dispenser C) a POS device D) an electronic purse 4. At the age of 60 or 65, people generally ____ from work. A) withdraw B) resign C) retire D) retreat 5. The bank granted a loan for two-year _______. A) repayment B) rate C) time D) term
6. The bank withdrew the facility after the company _____ their overdraft limit two often. A) exceeded B) admitted C) accepted D) received
7. When an employee is aware that his expertise and experiences are appreciated by his
company and his fellow workers, he is able to _____ even more closely with the company. A) identify B) recognize C) notice D) acknowledge 8. Interest is charged at the current rate, which is 2.5% above the ______. A) Lowest B) base C) average D) minimum 9. These rates are fixed until January when they will be ______.] A) re-valued B) reviewed C) retained D) reinstated
10. Possessions acquired by a company for long term use (buildings) are called ____. A) long-time assets B) fixed assets C) current assets D) tangible assets
11. The part of a company?s after-tax profits distributed to shareholders is called ___. A) divided B) reserves C) earnings per share D) retained profit
12. Money which a company sets aside to cover bad debts is listed in the balance sheet as
________.
A) deductions B) retained profit C) reserves D) provisions
13. A person or organization whose business is to lend money for interest is called ___. A) a creditor B) debtor C) lender D) liabilities
14. Current liabilities are _____ from current assets to give net current assets. A) added B) divided C) reduced D) deducted 15. The costs of salaries, heating, lighting and rent ______ to 2.4 million.
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剑桥商务英语考官推荐（剑桥商务英语中高级必考词汇训练题）BEC Vantage Vocabulary Training
A) amounted B) added C) totaled D) summed up
II. Fill in the blanks with the words or phrases given. Change the form if necessary.
balance mortgage signatory insolvency recession judicial overdraft proprietorship overheads parent transfer policy domestic turnover maximize 1. If you want to borrow money to buy a house, you should ask the bank for a _____.
2. This agreement shall automatically terminate upon the bankruptcy or ______ of Joint
Venture Company.
3. If you haven?t enough money in your account to pay your bills, you?ll have to ask for an
_______.
4. The general running costs of a company, such as electricity and rent, are known as
________.
5. The amount stored on a smart card or in your bank account, is called the _______. 6. With the smart card, you can _____ funds from one card to another.
7. Owner has the right at any time, at its absolute discretion, to terminate the contract without
any notice of default or ______ intervention being required for the purpose.
8. We should increase the production to meet the demand of both the _____ and foreign
markets.
9. A _____ is the simplest and most prevalent form of business organization. 10. The total sales during a trading period is called _____.
11. A company which owns one or more subsidiaries is called a ______ company.
12. The strategy formulated by a government or central bank for maintaining the stability of the
currency and reducing inflation is called monetary _______.
13. A fall in business activity which affects the national economy is called a _______. 14. All _____ should strictly comply with relative terms and conditions.
15. Banks have ______ profits because new technology has made them more efficient.
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剑桥商务英语考官推荐（剑桥商务英语中高级必考词汇训练题）BEC Vantage Vocabulary Training
Test Six
I.
Choose the best answer.
1. The Yen _______ yesterday, falling from $114 to $115 against the dollar. A) boomed B) gained C) loosened D) weakened
2. New unemployment data _____ the dollar yesterday, causing it to rise against the Euro. A) boosted B) gained C) slide D) dropped 3. The person who will receive a payment is called the ______. A) drawer B) drawee C) beneficiary D) debtor 4. _____ analysis reduces the cost of mass-produced goods. A) Value B) Payment C) Mature D) Invoice
5. Once an international payment has been transmitted, it may be difficult to get a ____. A) return B) refund C) recovery D) remittance
6. The bank?s charges are quoted in the booklet: “international ____ for personal customers”. A) payment B) prices C) tariffs D) expenses
7. After dispatching the goods, the exporter _____ the documents to his bank. A) sends B) collects C) issues D) presents
8. The exporter?s bank will _______ the collected documents to the importer?s bank. A) signature B) forward C) remits D) defers
9. The exporter didn?t receive payment for his goods because the buyer ______. A) defaulted B) deferred C) declined D) denied
10. The document which shows details of goods being transported and which entitles the receiver
to collect the goods is called a ______.
A) bill of exchange B) document of title C) bill of lading D) declaration 11. A bill of exchange becomes payable upon ______.
A) remittance B) acceptance C) dispatch D) maturity 12. After the war, the country?s tourist industry _______ badly. A) suffered B) bottomed out C) recover D) regained
13. The World Bank refused to grant the loan until an environmental _____ was carried out. A) survey B) test C) assessment D) report
14. Short-term loans to cover the period until long-term financing can be arranged are ______. A) cartelized B) bridging finance C) subsidies D) concessions
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剑桥商务英语考官推荐（剑桥商务英语中高级必考词汇训练题）BEC Vantage Vocabulary Training
15. ______ means allowing a currency to find its true level against other currencies. A) Floating B) Holding up C) Bouncing D) Picking up
II. Fill in the blanks with the words or phrases given. Change the form if necessary.
quotation monetary labor turnover tally devalue equilibrium consortium unemploy subcontract invoice stocks and shares deflation transitional supplementary up-to-the-minute 1. Governments control economic conditions according to their _____ policy. 2. As a result of the recession, the country was forced to _____ its currency. 3. A group of companies formed a ____ to make a joint bid for the large project. 4. As a result of the government?s successful job strategy, _____ fell rapidly. 5. The work of an equity analyst is to research and assess ______.
6. It is unwise to use abbreviations in _____ or in contracts which might be subject to
misunderstanding.
7. The principal subject has been ______ to LAD company.
8. A document stating details of the goods sold and the amount owed is an ____. 9. ______ is the reduction of economic activity and the amount of money in ______.
10. EC has agreed to allow China a ______ period following its access to WTO to gradually meet
all WTO rules.
11. You can see from the enclosed leaflet that the styles of our blouses are really _____ and
suitable for all occasions.
12. We would provide with you ______ information upon your specific request.
13. Too high a _______ rate may mean that there is something unsatisfactory about working for
the organization and that action therefore needs to be taken.
14. _______ price is the market price of a commodity at which the amount demanded equals the
amount supplied, i.e. demand and supply are balanced. 15. Your list _____ with mine.
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