Your taskChoose the correct answer for each question.0 / 15 selectedYour score0 / 150%Keep practising! Review the explanations below and try again.1Most office employees receive their monthly ___ directly into their bank account on the last working day.Most office employees receive their monthly ___ directly into their bank account on the last working day.salarywageincomeearnings2The finance team must approve any project ___ before departments can start spending.The finance team must approve any project ___ before departments can start spending.planestimatebudgetforecast3After completing the installation, the contractor sent an ___ listing all services and their costs.After completing the installation, the contractor sent an ___ listing all services and their costs.receiptinvoicestatementvoucher4Customers who delay repayment may be required to pay ___ on the outstanding loan amount.Customers who delay repayment may be required to pay ___ on the outstanding loan amount.chargefeepremiuminterest5The company secured a $100,000 bank ___ to purchase the new production equipment.The company secured a $100,000 bank ___ to purchase the new production equipment.loandebtcreditadvance6After paying all salaries and supplier costs, the company recorded a ___ of $25,000 last quarter.After paying all salaries and supplier costs, the company recorded a ___ of $25,000 last quarter.revenueincomeprofitturnover7Always keep your ___ as proof that the full payment has been made.Always keep your ___ as proof that the full payment has been made.invoicereceiptbillorder8The supplier offered a 15% ___ on all orders placed before the end of the financial year.The supplier offered a 15% ___ on all orders placed before the end of the financial year.discountreductionrebatededuction9To settle the invoice, please arrange a bank ___ to the account number printed on the document.To settle the invoice, please arrange a bank ___ to the account number printed on the document.paymenttransactiondeposittransfer10The accountant checked the account ___ before authorising any further expenditure.The accountant checked the account ___ before authorising any further expenditure.totalamountbalancefigure11Business travel is a legitimate ___ that employees can claim back from the company.Business travel is a legitimate ___ that employees can claim back from the company.costexpensechargeoutgoing12All employees are legally required to pay income ___ on the money they earn each year.All employees are legally required to pay income ___ on the money they earn each year.dutylevytarifftax13Customers who receive damaged goods are entitled to a full ___ of the purchase price.Customers who receive damaged goods are entitled to a full ___ of the purchase price.refundreturnrebatereimbursement14All ___ must be received within 30 days of the date shown on the invoice.All ___ must be received within 30 days of the date shown on the invoice.moneyfundsremittancespayments15Customers can purchase the furniture on ___ and pay in equal monthly instalments over 24 months.Customers can purchase the furniture on ___ and pay in equal monthly instalments over 24 months.loandebtcredithireCheck AnswersPlease select an answer for at least one question first.Found an error in this exercise? Let us know.