Choose the word or word combination to match the definition

Ex.3. Familiarize yourself with the following idioms. Consult your dictionary and translate the sentences into Ukrainian. Think of situations where you could use them.

Ex.2. Go to the library and research a firm that is presently in bankruptcy. Describe the type of bankruptcy and trace the major activities of the firm since the day the bankruptcy papers were filed with a bankruptcy court.

1. Our new office manager needs to get organized and get some work done. For two weeks, she’s just been spinning her wheels.

2. In order to accomplish our goals and succeed, everyone in the company has to put their shoulder to the wheel.

3. John had to wheel and deal to get the new contract signed.

4. When we decided to develop this product, our first goal was to create something original and innovative. We did not want to reinvent the wheel.

5. He lost his job but landed on his feet by finding a better one.

Ex.4. Comment on the following:

“The shortest way to do many things is to do only one thing at once.”

(Samuel Smiles)

TEST 4 (UNIT IV)

1. The property of a company, person etc. that has value and can be sold to pay the debts.

a) liquid profits

b) liquid liabilities

c) liquid assets

2. Money spent regularly to keep a business running.

a) overheads

b) costs

c) profit

3. General term used for all types of stocks and shares.

a) investment

b) income

c) securities

4. Reduced in value (about currency).

a) devalued

b) cheap

c) declined

5. Money owed by a company; a debt.

a) assets

b) liabilities

c) costs

6. Money that is owed to a business.

a) reception

b) receivership

c) receivables

7. An amount of money spent.

a) income

b) expenditure

c) loss

8. A sum of money paid into a bank.

a) departure

b) deposit

c) debt

9. Buildings and the land they occupy.

a) precaution

b) premium

c) premises

10. The amount of money moving into and out of a business at a particular point in time.

a) cash flow

b) cash sale

c) cash deal

11. A rise in prices and lowering of currency's value.

a) injunction

b) inflation

c) insolvency

12. Offering company shares for sale to the public or on a stock exchange for the first time.

a) share register

b) share splitting

c) share flotation

13. A person or an organization that lends money and charges interest on the repayments.

a) tender

b) lender

c) licensor

14. A market where the general level of share prices is falling.

a) target market

b) bear market

c) bull market

15. A person or organization that buys and sells stock and shares.

a) stockbroker

b) dealer

c) market-maker

16. Contracts that give the right to buy and sell currencies and commodities at an agreed time in the future at a price agreed at the time of the deal.

a) options

b) futures

c) swaps

17. A group of different investments held by a private investor, or a financial organization.

a) gilts

b) treasury bonds

c) portfolio

18. A long-term loan from a bank for buying property, which is used as security.

a) turnover

b) revenue

c) mortgage

19. A summary list of income and expenses for a business.

a) cash flow statement

b) income statement

c) balance sheet

20. A person who examines the accounts of an organization to check they are true and correct.

a) auditor

b) accountant

c) administrator

Дата добавления: 2014-12-29