Test Your Financial English

Test Your Financial English Here - It's Free!

Insert the correct word to match the following definitions:

Please note that all fields followed by an asterisk must be filled in.

1. Someone who buys and sells stocks and shares for clients and charges a commission.

2. Someone who advises clients on how to manage their financial interests and affairs.

3. A person who comments on business and share prices in a specific business sector.

4. A person who will advise private individuals and businesses on how to pay less tax.

5. The consultant who will help you choose the best insurance policy at the most cost effective price.

6. The person responsible for the financial interests of a business.

7. A person who will prepare tax returns for private individuals or companies.

8. A person representing the government who ensures that you pay enough tax.

9. The person responsible for running a bank. (This one is too easy!)

10. A person who buys and sells significant quantities of goods such as food, tea, coffee, cereals and raw materials like wood and metals.

11. Choose the correct sentence

	A - Cashflow is money from sales and money paid out on fixed and variable costs.
	B - Cashflow is a term used to describe payments of fixed costs and salaries.
	C - Cashflow is money readily available to pay debts.

12. Choose the correct sentence

	A - Bad debts are large debts that need to be paid.
	B - Bad debts refer to customers who are late in making payments.
	C - Bad debts refer to invoices issued and never paid by customers for amounts which are unlikely to ever be settled.

13. The value generated from business transactions less direct costs incurred:

14. Official documents listing income, expenses, assets and liabilities, sales and other information of business activities.

15. Choose the correct sentence

	A - Pre-tax profit is the sum of money readily available in cash at the start of the accounting year.
	B - Pre-tax profit is the amount of money generated by a company less all expenses but before tax has been calculated.
	C - Pre-tax is the profit from sales after all costs and expenses incurred have been deducted.

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