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After text exercises

VI. Complete the following sentences according to the text:

1. In return he expects to be able to earn …

2. It is the process of capturing …

3. The aim of this process is to show the financial …

4. Accounting is the language of finance which all business decision – makers …

5. The major branches of accounting are …

VII. Translate the following sentences with modals.

(see appendix – reference section)

1. To conduct his affairs efficiently and profitably the businessman must have

some knowledge of accounting.

2. Accounting is the language of finance which all business decision-makers must

understand.

3. The accountant is to determine the ways in which the business may grow in the

future.

4. On the face of American dollars one can see the portraits of famous persons.

5. Accountants have to prepare regularly the two types of records.

VIII. Match the verbs in a with the nouns in b

A B

to set up a commodity

to produce affairs

to earn information

to conduct the books

to audit a function

to communicate profit

to perform a business

IX. Make your own sentences using the following prompts:

Accounting information

To conduct the affairs

Accounting is the language

Public accounting

Private accounting

Governmental accounting

X. Answer to the following questions:

1. Why must businessmen have some knowledge of accounting?

2. What is accounting?

3. What does an accounting information system show?

4. Who needs financial information?

5. What are the major branches of accounting?

XI. Speak about:

Why I Want to Be an Accountant and Auditor.

Unit X

Borrowing and Lending

Pre text exercises

I. Vocabulary list:

1. borrowing заимствование

2. lending предоставление займов/кредитов

3. customer клиент/покупатель

4. to trade торговать

when trading… торгуя…,ведя торговлю…

5. currency деньги, вложение

6. view взгляд, мнение, суждение, точка зрения

7. to place поместить, разместить

8. short-term краткосрочный

long-term долгосрочный

9. interest rate процентная ставка

10. to achieve достигать, добиваться

11. profit прибыль

12. responsibility ответственность

13. complementary activities дополняющие друг друга виды деятельности

14. loan заем, заимствование, ссуда, кредит

15. to fund финансирование, выделять средства

funding фондирование, выделение средств

16. decision решение

to take a decision принять решение

17. to ensure обеспечивать, гарантировать

18. to repay возвращать/отдавать долг

19. due подлежащий выплате

20. careful внимательный, тщательный

21. maturity срок платежа

22. obligation обязательство

to meet obligations выполнить обязательства

23. cashflow поток наличности

24. reason причина

for this reason по этой причине