The TOEIC (Test of English for International Communication) is an English language proficiency test designed to assess the English language skills of non-native speakers in a business or professional context. The test is widely used by organizations around the world to evaluate the English language skills of job candidates, employees, and students.
The TOEIC test consists of two parts: the TOEIC Listening and Reading Test and the TOEIC Speaking and Writing Test. The TOEIC Listening and Reading Test is a paper-and-pencil test that consists of multiple-choice questions, while the TOEIC Speaking and Writing Test is a computer-based test that consists of spoken and written responses to prompts.
The test is designed to measure a wide range of English language skills, including listening comprehension, reading comprehension, speaking ability, and writing ability. Overall, the TOEIC is a widely recognized and respected English language proficiency test that is used by organizations around the world to evaluate the English language skills of non-native speakers.
Q&A Topic: Finance
Finance is the field that deals with the management, creation, and study of money, investments, and other financial instruments. It involves analyzing financial data, making financial decisions, and managing financial resources to achieve financial goals.
Finance covers a wide range of topics, including personal finance, corporate finance, investment management, banking, and financial markets. It is an essential aspect of modern economies and is crucial for businesses, individuals, and governments to make informed financial decisions. The principles of finance are used to understand and manage risks, evaluate investments, and optimize financial performance.
Here are some questions that can help you to clear the TOEIC exam:
Q1 It’s a gamble at the moment whether the company will make profit in its second year but that nevertheless is the __________ aim.
Answer: (c) desired
Q2 Each year the Chancellor of the Exchequer stands up in the House of Commons and gives a __________ of what is seen as the economic outlook for the country.
Answer: (a) forecast
Q3 I think that your financial optimism is not really justified and you should adopt a more __________ attitude.
Answer: (d) realistic
Q4 If you want to increase sales of a particular product, you must be sure that you are __________ the right customers.
Answer: (c) targeting
Q5 The idea caught on very quickly and people were queuing up to buy the goods so that year the company’s investment __________ substantial profits.
Answer: (b) yielded
Q6 __________ it has not been a bad year as our costs are well down on last year’s.
Answer: (a) Overall
Q7 Managers complained bitterly at the Annual General Meeting that __________ of production had dropped to an all time low.
Answer: (d) levels
Q8 You have to accept that this kind of expenditure is quite __________ in an enterprise of this kind.
Answer: (b) typical
Q9 The figures that have just been published by the company’s accountants will give management some kind of __________ on how sales are going.
Answer: (d) perspective
Q10 Whenever a member of staff makes a claim for travel expenses, they have to provide a __________ account of their journeys.
Answer: (a) detailed
Q11 The one big fear of all world economies is that of __________.
Answer: (c) recession
Q12 You are never too young to start __________ some money in a savings account.
Answer: (d) investing
Q13 If ever you find you have an unexpected expense, you can always __________ some money from your savings.
Answer: (d) withdraw
Q14 At certain times of the year your shares will __________ a good profit but you must also be prepared for them to go down in value.
(b) take up
(d) throw up
Answer: (a) yield
Q15 You can __________ the cost of insuring your car if you keep it in a garage.
Answer: (c) cut
Q16 We got a very good __________ when we bought that three piece suite for half its usual price.
Answer: (a) deal
Q17 Now that the summer has started, big department stores are hoping that sales of holiday items will __________.
(a) take on
(b) take up
(c) take off
(d) take to
Answer: (c) take off
Q18 The two companies have decided to __________ because they believe that their combined resources will produce greater profits.
Answer: (a) merge
Q19 When someone dies and their __________ reach a certain figure, their family has to pay an additional tax.
Answer: (c) assets
Q20 The loan you have taken out is for a __________ term, which in your case is 5 years.
Answer: (b) fixed
Q21 When you go to an auction and you want to buy a particular item, you can simply make a __________ for it.
Answer: (d) bid
Q22 The larger company did not really want to join with the smaller one because it was more interested in a __________.
(a) turn over
(b) turn up
Answer: (d) takeover
Q23 __________ on the stock market just before Christmas is usually very slow.
Answer: (b) Trading
Q24 This sport centre has largely been __________ by money that has come from the national lottery.
Answer: (d) funded
Q25 The reason for the __________ in the economy is because there is a great deal of uncertainty at the moment.
Answer: (c) slowdown
Q26 The __________ in the market was seen as a positive sign that the recession was over.
Answer: (a) upturn
Q27 The __________ books for manufacturers of small cars are now full following the rise in petrol.
Answer: (b) order
Q28 The future of his job was at __________ when he made the decision to invest in new machinery.
Answer: (b) order
Q29 After their house had been __________, they decided to sell it and buy a bigger one.
Answer: (c) stake
Q30 Fifty people were made __________ when the company suffered a severe financial shock.
Answer: (a) valued
Q31 If you cannot get a job and remain __________ for a long period, you can claim some money from the state.
Answer: (c) unemployed
Q32 The great thing about this guarantee is that there is never any doubt and there is no __________ about getting your money back.
Answer: (c) quibble
Q33 There is a substantial __________ between the money you have available and the amount you need to spend.
Answer: (b) shortfall
Q34 When you retire, you should get a pension and a __________ sum from your employers.
Answer: (a) lump
Q35 __________ are people who put money into a business in the hope of making a profit.
Answer: (d) Investors
Q36 When you take out a large loan over many years, you don’t start paying off the __________ for some time.
Answer: (c) capital
Q37 We will make no __________ for the catalogue, which you can take with our compliments.
Answer: (c) charge
Q38 It may seem a long way into the future but in the end you will get some __________ from your investment.
Answer: (b) benefit
Q39 There is still an outstanding __________ on that account, which must be paid in 30 days.
Answer: (a) balance
Q40 Interest __________ are at their lowest level since the 1950’s.
Answer: (b) rates
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