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In groups ask and answer the following questions




Money

Almost everyday we talk about money. We talk about how much we have, how much we don't have, how much we need, how much we want and how much other people have. We judge our success or failure on our ability to get it and we either envy or dislike people who have more than we do. We plan our whole lives around money. We decide when to get married, where to live, when to buy a house and whether or not to have a family based on how much we have. Money determines what kind of car we drive and where we can go for our holidays. It is impossible to escape from the influence that money has on us.

 

How much money do you need a week for your life in Russia?

What do you spend most of your money on?

Where does your money come from?

Do you have enough of it? Why/why not?

How much more do you think you need a week?

If you need more money, where can you get it from?

If you had more money what would you spend it on?

Do you ever spend more money a week than you have?

What do you think you will need money for in the future?

How do you intend to make money in the future?

Do you think money is the most important thing in life?

Where do you keep your money?

Do you use a credit card or a cheque account? Why/why not?

Do you keep an accurate record of how much you spend? If so, how?

Have you ever borrowed a large amount of money?

 

It is very important that we keep an eye on our money. We need to know how much we have and how much we spend. We need to know where our money comes from and where it goes. We need to know how much we can spend and how much tax we have to pay. To do these things we need a system that will give us reliable and accurate information. It was for this purpose that the accounting system was developed.

What is Accounting?

Accounting is often called the language of business because of its ability to communicate financial information about organizations.

 


 





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