GRILE A/F MFC-CIG: Comunicare de afaceri in limba engleza 2-2008/2009

TRUE/FALSE

1)

From Unit 14- section B-“The Language of Business: accounting-banking-finance”, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p.150-151-CONTRACTS

In a leasing contract, the person giving the lease is called the lessee or tenant and the person to whom it is given is the lessor.
ANS: F

2)

From Unit 15- “The Language of Business: accounting-banking-finance”, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p.157-160

A practical alternative in collecting past due receivables is to use the services of a collection agency.
ANS: T

3)

From Unit 2- “The Language of Business: accounting-banking-finance”, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p.18- Business Writing

In addition to personal information, a CV (resume) should include personal descriptions and a philosophical statement.
ANS: F

4)
From Unit 14- The Language of Business: accounting-banking-finance, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p. 148

Cereals, precious metals and raw materials are traded on the stock exchange.
ANS: F

5)

From Unit 9- -“The Language of Business: accounting-banking-finance”, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p.88-90

Financial accounting reports may provide performance as well as past performance.
ANS: F

information

concerning

future

6)

From Unit 8- “The Language of Business: accounting-banking-finance”, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p. 85-87 and From “Engleza de Afaceri”, Vol. 2, Fulvia Turcu, 1991, Ed. Uranus, Unit 5-p. 59-73 and p. 178 Business Writing

Memos never use indented paragraphs.

ANS: T

7)

From Unit 9- -“The Language of Business: accounting-banking-finance”, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p.88-92

Financial accounting is less constrained than the management accounting.
ANS: F

8)

From Unit 5 “Engleza de Afaceri”, Fulvia Turcu, 1991, Ed. Uranus, p. 62-63: Business Writing

In a semiblock style (Modified block) business letter the complimentary close begins slightly to the left of the center of the page. All lines of the signature are aligned with the salutation line.
ANS: F

9)

From Unit 8- “The Language of Business: accounting-banking-finance”, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p. 85-87- and From “Engleza de Afaceri”, Fulvia Turcu, 1991, Vol. 2., Ed. Uranus, p. 178, Business Writing

Memos omit both the salutation and the complimentary close.
ANS: T

10)

From Unit 11- “The Language of Business: accounting-banking-finance”, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p.111-114

Accounting is the daily recording of financial information while bookkeeping is the design and maintenance of the accounting system.
ANS: F

11)

From Unit 11- “The Language of Business: accounting-banking-finance”, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p.111-114

In accounting a gradual loss in the value of something, such as a vehicle, a machine or any ASSET that wears out with use and age is called depreciation.
ANS: T

12)

From Unit 15-“The Language of Business: accounting-banking-finance”, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p.159-160

Stretching accounts payable is a cost-free method of financing a business.
ANS: T

13)

From Unit 58- -“ Engleza de afaceri, Fulvia Turcu, Vol. 1, 1991, Ed. Uranus, p. 511-513

A sole trader is a natural person.
ANS: T

14)

From Unit 8- The Language of Business: accounting-banking-finance, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p. 85-87- and from “Engleza de Afaceri”, Fulvia Turcu, Vol. 2, p. 17

The Board of Directors is appointed by the Managing Director (MD).
ANS: F

15)

From Unit 8- The Language of Business: accounting-banking-finance, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p. 85-87- and from “Engleza de Afaceri”, Fulvia Turcu, Vol. 2, p. 175-177 Business Writing

In a memo there is no salutation and complimentary close.
ANS: T

16)

From Unit 8- “The Language of Business: accounting-banking-finance”, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p. 85-87- and From “Engleza de Afaceri” Vol. 2,, Fulvia Turcu, 1991, Ed. Uranus, p.178 Business Writing

The term "memorandum" can be used instead of "memo".
ANS: T

17)

From Unit 5 “Engleza de Afaceri”, Fulvia Turcu, 1991, Ed. Uranus,Vol. 2. p. 62-63: Business Writing

In a semiblock style (Modified block) business letter the first line of each paragraph is indented five to ten spaces.
ANS: T

18)

From Unit 11- “The Language of Business: accounting-banking-finance”, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p.111-114 Accounting terminology

In a cash flow statement expenses are entered as paid.
ANS: T

19)

From Unit 11 & 12 - Grammar section: “The Language of Business: accounting-banking-finance”, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p.120-122 and 127 Grammar

Gerund is frequently used in business writing to express a demand, requirement, request or suggestion.
ANS: F

20)

From Unit 11- “The Language of Business: accounting-banking-finance”, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p.111-114 and p.170 Accounting terminology

The Romanian equivalent for " Accounts receivable" is "conturi debitoare".
ANS: T

21)

From Unit 9- -“The Language of Business: accounting-banking-finance”, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p.88-90

Financial accountants are not responsible for the forecasting of the company’s future. ANS: T

22) 23)

In an alphabetical filing system, all information is filed in ABC order.
ANS: T

The more information passes through your office, the less you need a logical system for filing it.
ANS: F

24)

A signed advertisement does not include the name of the firm placing the advertisement, but it is signed by the firm’s manager.
ANS: F

25)

An insurance certificate is a proof that the goods are covered for risk of damage or loss during transit and is often asked for in the documentary credit
ANS: T

26) 27)

Chronological filing means to file documents by date
ANS: T

A deposit account is a bank account in which you usually leave money for a long time and which pays you interest
ANS: T

28) 29) 30)

Rent is what you pay to shareholders.
ANS: F

Creditors are people who owe you money.
ANS: F
From Unit 11- “The Language of Business: accounting-banking-finance”, Niculescu (coord), 2006. Ed. Fundatiei Romania de Maine, p.111-114 and p.170 Accounting terminology

Inventory is a synonym for stock.

ANS: T

31) 32) 33) 34) 35)

The opposite of a loss is a profit.
ANS: T

The average is the total amount of something.
ANS: F

An auditor is a person who keeps accounts.
ANS: F

Fixed assets is a synonym for tangible assets.
ANS: F

Pre/tax profits are the same as net profits.
ANS: F

36) Most often, when companies decide to place orders, they prefer to use
special order forms.
ANS: T

37) A reply to an order is meant to acknowledge the receipt of the purchase
order, express thanks and assure the buyer the goods will be supplied in due time and proper conditions.
ANS: T

38) Letters of complaint must to be accurate, clear and concise.
ANS: T

39) A Letter of order is a company’s reply to a claim and complaint letter.
ANS: F

40) A supplier must not reply to a customer’s letter of order.
ANS: F

41)

The companies are not at all organised along product lines.

p19) You need to ask your interviewer about the responsibilities of the position you apply for. Unit2. Jobs. ANS: F 45) (din manualul Spiru Haret 2006. Jobs. p17) Your CV or resume is a concise statement of your background. Jobs.ANS: F 42) (din manualul Spiru Haret 2006. ANS: T 47) (din manualul Spiru Haret 2006. ANS: T 43) (din manualul Spiru Haret 2006. ANS: F 44) (din manualul Spiru Haret 2006. p17) The company’s Research and Development Department selects the applications and prepares a shortlist of candidates for an interview. Unit2. p18) During an interview you should not show too much interest in understanding your prospective employer’s needs. Jobs. skills and experience. often also called profit centres. Unit2. Unit2. Unit2. ANS: T 48) 49) Silicon Valley is full of software companies. ANS: T GRILE MFC-CIG-MULTIPLE CHOICE Comunicare de afaceri in limba engleza 2-2008/2009 MULTIPLE CHOICE . you have to find out all you can about the company. Jobs. Jobs. p17) In a Letter of Application you should create interest in your disabilities and state your desire to work for more companies at the same time ANS: F 46) (din manualul Spiru Haret 2006. p16) Before you apply for a job with a particular company. education. ANS: T Some companies are divided into different business units. Unit2.

Ed. foreign currency exchange D stock exchange.Fundatiei Romania de Maine-2006. job exchange. p. Niculescu (2006). p. investors.The language of Business. precious metal exchange. job exchange 4) From Unit 15. commodity exchange. Niculescu (coord). Fundatiei Romania de Maine-2006. accounting-banking -finance. p. Ed.. Niculescu (coord. Ed. 147-148 Basic Finance Terminology Which are the three different markets A raw material exchange. 159 Financial management terms When comparing preference shares with ordinary shares.The Language of Business : Accounting-Banking-Finance.145 Basic Stock Market terms When purchasing corporate bonds. Niculescu (2006). p.. car exchange B stock exchange. Ed. Fundatiei Romania de Maine.. A receive commodities B ANS: C C are making a loan to the company D borrow money from the company receive stock paying a fixed dividend 2) From Unit 15.159-164 Financial management terms Which one of the following would be classed as a source of long-term funds for a company? A B C D E An issue of ordinary shares Trade creditors Bank overdraft Factoring Hire Purchase ANS: A . Fundatiei Romania de Maine.The Language of Business : Accounting-Banking-Finance.). raw material exchange.1) From Unit 14.The Language of Business: accounting-banking -finance. we can usually say that: A Preference shareholders have greater B voting powers at Annual General Meetings Preference shareholders have priority over D Ordinary shareholders for annual dividend payments C Ordinary Shareholders have priority over Preference shareholders on liquidation Ordinary shareholders unlike Preference shareholders receive a fixed rate of dividend ANS: B 3) From Unit 14. foreign currency exchange ANS: B C stock exchange.

.5) From Unit 13-section B....141 Basic Business terminology Choose the most suitable business idiom.. p.132 Business English basics A business that arranges the movement of products or commodities between two countries is an: A B C international travel agent export-import firm airline D international stock market broker ANS: B 7) From Unit 11: The Language of Business : accounting-banking-finance..The Language of Business : Accounting-Banking-Finance. p.. A BREAK UP B BREAK DOWN C BREAK EVEN ANS: C D BREAK OUT E BREAK OFF 6) From Unit 13-The Language of Business : Accounting-Banking-Finance.. Niculescu (coord). Ed. . 2006. Ed.Fundatiei Romania de Maine-2006. A B C D Liability Revenue Balance Assets ANS: B 8) From Unit 14.145 Stock market terms When public spending exceeds receipt from income taxes.. Ed. the government issues: A Shares B Stocks C Vouchers .The Language of Business : Accounting-Banking-Finance... After only three months the company was able to ... Fundatiei Romania de Maine-2006. Ed.111-112 Essential business entries used in financial statements ____________accounts are accounts for your sources of business-generated income.. Niculescu (coord). p. 2006. Romania de Maine.. and started to make a profit. Fundatiei Romania de Maine. VAT and so on. p..

159-164 Financial management terms Which of the following could be used as a short term means to improve cash flow in a business? A A new issue of debentures B A new issue of preference shares . p.Fundatiei Romania de Maine-2006. p. Niculescu (coord.D Blue chips E Bonds ANS: E 9) From Unit 11.The Language of Business : Accounting-Banking-Finance.). p.The Language of Business : Accounting-Banking-Finance. 86: The parts of a business letter We use "Yours sincerely" at the end of a letter if we.111-115 Accounting terminology Which of the following best describes an asset of a business : A B A piece of equipment or a building owned by a business C Anything that is owed by a business Materials that have been purchased by D Anything that is owned by a business a business ANS: D 10) From Unit 8-section B: The Language of Business : Accounting-Banking-Finance.Fundatiei Romania de Maine-2006.. Niculescu (coord). Ed. A don't know the exact name of the B know the exact name of the person we person we are writing to ANS: B are writing to 11) From Unit 11. Ed.The Language of Business : Accounting-Banking-Finance. Ed. Niculescu (coord. Fundatiei Romania de Maine. Ed..). 2006. p.111-115-Accounting terminology Select the correct word that describes the amount by which expenses exceed revenues: A B retained earnings pre-tax profit C assets D net loss ANS: D 12) From Unit 15.Fundatiei Romania de Maine-2006.

Ed.145-148 Basic Stock Market terms . Fundatiei Romania de Maine.000 we owe our suppliers.166 Basic finance terminology In the following sentence : “He defaulted on his auto loan payments” the verb “ to default on” means: A to fail to pay money B to overpay ANS: A C to meet one’s payment obligations D to pay in advance 15) From Unit 11: The Language of Business : Accounting-Banking-Finance. A rate B return C market ANS: B D expenses E investment 14) From The Language of Business : Accounting-Banking-Finance. Niculescu (coord). p.).111 Basic Accounting Terminology: Our ……………include a $12. Ed. Ed. p.The Language of Business : Accounting-Banking-Finance. 2006. Niculescu (coord). Ed. 2006.C Taking out a mortgage on firm’s depot D Debt factoring ANS: D 13) From Unit 14 The Language of Business : Accounting-Banking-Finance. Ed.Fundatiei Romania de Maine-2006. Niculescu (coord. Fundatiei Romania de Maine. p. the probable effect on the Romanian economy would be to: A make imports cheaper B make exports cheaper ANS: A C encourage foreign tourism in Romania 17) From Unit 14.Fundatiei Romania de Maine-2006.Fundatiei Romania de Maine-2006. p. A B C D Assets Debtors Liabilities Overheads ANS: C 16) From Unit 13-The Language of Business : Accounting-Banking-Finance.143 Basic Finance & Stock market terminology Choose the right word to fill in the gaps: Investors are influenced by the projected _________ on their capital. p. Niculescu (coord).136 Reading and understanding international trade issues If the Romanian currency were to rise sharply against other world currencies.000 tax bill and the $8.

The Language of Business : Accounting-Banking-Finance..Fundatiei Romania de Maine-2006. Ed. 2006.Funaţiei Romania de Maine2006. Fundatiei Romania de Maine..The Language of Business : Accounting-Banking-Finance..Economists often refer to agricultural or mineral products as: A commodities B durables C blue chips ANS: A D currencies E securities 18) From Unit 11: The Language of Business : Accounting-Banking-Finance. Niculescu (coord). Niculescu (coord). Ed. total sources of funds will always A be equal to B be less than ANS: A total uses of funds.159-164 Financial management terms Which of the following would be treated as a short-term fund by a company? A B C D Ordinary shares Debenture stock Tax provisions Preference shares ANS: C 20) From .183 Accounting terminology You record how much each of your employees should be paid in the . 2006... C be greater than D have no consistent relationship to 19) From Unit 15.. Ed. p.. A B C D E Employee pay Employer pay Revenue Payroll Standard deduction ANS: D 21) From Unit 11: The Language of Business : accounting-banking-finance. Romania de Maine. account.112 Basic accounting terminology For a profitable firm. p.. Ed. p.111-115 Select the BASIC accounting equation A B Assets plus liabilities equal Equity Liabilities plus Equity equal Assets C Liabilities less Equity equal Assets . p.

and its administration has just ordered a reduction in educational expenditures. Niculescu (coord). Neighbourhood High School is staffed by fifty teachers.ANS: B 22) From . Niculescu (coord). 144. 163 General Business English : WORD PARTNERSHIPS/COLLOCATIONS: For each of the verbs below.37. p. A At a point in time . In each case circle the one which DOES NOT. Ed. 98. which of the following will be one result of the reductions? A B C D E A reduction in both administrative and teaching salaries A teaching staff dependent on fewer educational materials A teaching staff of fewer than fifty teachers A teaching staff of only fifteen teachers A substantial change in the quality of education ANS: C 25) From Unit 11: The Language of Business : Accounting-Banking-Finance. Fundatiei Romania de Maine. Fundatiei Romania de Maine. Ed.111 A balance sheet reports the status of an entity… (Select one answer). According to the above passage. Any major proposal designed to reduce educational expenditures will ultimately necessitate a cut in teaching staff. three of the four words or expressions fit. MAKE A MONEY B A LOSS C BUSINESS D A DECISION ANS: C 23) From Unit 11: The Language of Business : accounting-banking-finance. 2006. p.The Language of Business : Accounting-Banking-Finance. A B C D Incoming Receivable Obtainable Collectable ANS: B 24) READING COMPREHENSION Teacher salaries account for approximately seventy percent of a school budget.Fundatiei Romania de Maine-2006. p. Ed.115 Essential business entries used on a balance sheet Accounts ___________show how much money your customers owe you. 2006.

117 Business English writing-accounting terminology Reminders must be sent out to all customers whose accounts are more than a month ________ A B C D Indebted Overdue Unbalanced Unpaid ANS: B 29) From Unit 9-section B.176 Basic accounting terminologoy Petty cash is A B C D small denomination coins money held in a business to cover small expenses pocket money given to children a tip ANS: B 28) From Unit 11: The Language of Business : accounting-banking-finance. three of the four words or expressions fit. Ed.The Language of Business : Accounting-Banking-Finance. MEET A A DEADLINE B AN APPOINTMENT C CUSTOMERS’EXPECTATION D A TARGET ANS: B 27) From .Fundatiei Romania de Maine-2006. p. p. In each case circle the one which DOES NOT.B Over a period of time C All of the above D None of the above ANS: A 26) General Business English terms For each of the verbs below. 2006. Ed.96-98 Grammar: IF CLAUSE Alegeti traducerea corecta: Ar fi putut afla cifra de afaceri daca ar fi cautat in foaia de calcul A He could have found out the turnover if he had looked at the spreadsheet B He could find out the turnover if he looked at the spreadsheet C He could have found out the turnover looking at the spreadsheet .Fundatiei Romania de Maine-2006.The Language of Business : Accounting-Banking-Finance. p. Fundatiei Romania de Maine. Ed. Niculescu (coord).

Niculescu (coord.111-115 Accounting terminology _____________ pay is what an employee earns before deductions. B We are highly interested to retail your products and look forward to receive your samples.).The Language of Business : Accounting-Banking-Finance.Section B-The Language of Business : Accounting-Banking-Finance. Ed.D He could have found out the turnover if he has looked at the spreadsheet. Ed. D We are especially interested to retail your goods and are looking forward to receive your samples. p. A Net B Full C Gross D Complete ANS: C 33) Business English writing The debt should be paid______within thirty days of receiving this statement. ANS: A 31) Reading comprehension & Grammar Since import regulations have been relaxed it has become ____________to work in the Egyptian market.Fundatiei Romania de Maine-2006. A all over D for fool B in fool E for full C in full ANS: C 34) From Unit 13. si abia asteptam sa primim esantioanele A We are highly interested in retailing your products and we look forward to receiving your samples.Fundatiei Romania de Maine-2006.141 . p. A B C D E More easy More difficult More easier Easier Difficult ANS: D 32) From Unit 11. C We are highly interested of retailing your products and look forward to receive your samples. ANS: A 30) Business English writing- Selectati traducerea corecta: Suntem deosebit de interesati sa vindem cu amanuntul produsele dvs.

. Romania de Maine..Fundatiei Romania de Maine-2006... A rent B buy ANS: D C exchange D cash 38) From Unit 8: The Language of Business : Accounting-Banking-Finance. the loan. p...... Niculescu (coord. Ed. p.Petcu ___________at the meeting A be not B is not ANS: C C not be D doesn’t be 37) From Unit 10.....139 BASIC BANKING WORD PARTNERSHIPS / COLLOCATIONS Choose the best verb to complete the sentence.... A don't know the exact name of the B know the exact name of the person we person we are writing to ANS: A are writing to . Niculescu (coord)..BASIC BUSINESS IDIOMS Choose the most suitable accounting / banking idiom..Fundatiei Romania de Maine-2006.Fundatiei Romania de Maine-2006.The Language of Business : Accounting-Banking-Finance.100 Basic bank terminology Christina wants to .). The bank is ____________ a minimum rate of 9% for the loan.. p.119 Grammar Select the verb or verb string that best completes the following sentence: The boss insisted that Mr.Section B-The Language of Business : Accounting-Banking-Finance. A charging B providing ANS: A C giving D requesting 36) From Unit 11. her check because she needs the money right away. 2006. Ed. A write out B write up ANS: D C write down D write off 35) From Unit 13.. p. Ed... 85 -The parts of a business letter We use "Yours faithfully" at the end of a letter if we... Ed.Section B-The Language of Business : Accounting-Banking-Finance. It was impossible for the bank to collect the money so they were forced to .

112-113 Accounting terminology What is the correct accounting name given to distributions of cash or other assets from an incorporated business to its shareholders ? A bonuses B revenue C business perks ANS: E D cash discounts E dividends 40) From Unit 11: The Language of Business : Accounting-Banking-Finance. A debt. Substitute debt for losses. p. p. Fundatiei Romania de Maine. Niculescu (2006).111 SPEAKING & WRITING Mentally rephrase the following sentence according to the directions given. Ed. The language of Business. accounting-banking -finance. Ed. Then choose the lettered word or phrase that is included in your revised sentence. Niculescu (coord). p.39) From Unit 11: The Language of Business : Accounting-Banking-Finance. Ed. 132-136 . which have B which. Which 41) Grammar: Sequence of tenses Complete the second sentence so it has a similar meaning to the first sentence. There was a slight fall in profits in March In March 2005 profits_________________ A Fall slight B Fall slightly C fell slight ANS: D D fell slightly E have fallen slightly 42) Choose the pair that best expresses a relationship similar to the one expressed by the following capitalized pair. has to ANS: C C debt which has D debt. Fundatie Romania de Maine. TRESURER : FINANCES A Secretary : minutes B Senator: representative C Agenda : meeting ANS: A D President : chairman E Vice-president : congress 43) From Unit 13. 2006. Fundatie Romania de Maine. 2006. Niculescu (coord). Take care to keep the meaning of the revised sentence as close as possible to the meaning of the original sentence It is impossible to calculate the losses which have been incurred to date.

accounting-banking -finance.. Niculescu (2006).100 and p. Demand remains relatively constant. The language of Business: accounting-banking -finance. p. There are no government price supports. is to.p. Fundatiei Romania de Maine.. The Language of Business.140 Basic Bank terminology To let someone else use some of your money for a certain period of time.International trade An increase in imports of consumer goods is most likely to have been caused by A rise in customs duties B rise in household saving ANS: D C fall in the exchange rate of the Romanian currency D rise in the exchange rate of the Romanian currency 44) From Unit 10 and 13.. Fundatiei Romania de Maine. Which of the following statements best represents the probable effects on farm income? A B Income would tend to gradually increase C Income would tend to fall Income would remain relatively stable D There is insufficient evidence to predict the probable effect ANS: C 47) What can you bring forward? A a loss B a profit ANS: C C an appointment 48) What can you call off? A a customer B a meeting C a contract . 100-104-Bank terminology The dollar. Ed... A lend B trust C steal ANS: A D borrow E charge 45) From Unit 10. the euro and the yen are all A currencies B wages ANS: A C funds D monies 46) Reading comprehension-Logical thinking Assume the following: A majority of Romanian grain farmers produce an unusually large crop in a one-year period. after which it must be paid back. Ed. Niculescu (2006).

.ANS: B 49) What can you put through? A a phone B a computer ANS: C C a caller 50) What can you lay off? A workers B a bad debt ANS: A C machinary 51) What can you write off? A workers B a bad debt ANS: B C executives 52) A … is a period when prices cannot be increased.. A authorized dealer B order form ANS: B C reply to an order D assessment 54) We have just received a … for a quotation. A requirement B demand ANS: C C request 55) After an initial deposit. you pay … A remittances B installments ANS: B C shipments 56) A payment which is overdue is one which is … A early C late . A price freeze B hold-up ANS: A C price-fixing 53) Orders are written down on a / an .

This is called .. A amortization B depreciation ANS: B C bond D working capital 61) Patents.B on time ANS: C 57) …. A current assets B fixed assets ANS: B C wasting assets 64) Money paid into a bank is referred to as .. A liabilities B assets ANS: A C shares D revenues 63) Property and equipment currently owned and not intended for sale are known as... A interest B credit ANS: A C loan D fee 60) Equipment generally loses value... A wages B taxes ANS: C C dividends D fees 58) Companies … shares to raise capital... A buy B issue ANS: B C underwrite 59) An amount charged for money borrowed is called .... licenses are referred to as: A intangible assets B durable goods ANS: A C tangible assets D fast moving consumer goods (FMCG) 62) Costs and money owed are referred to as . trade marks.. ideas. A withdrawal B loan C deposit ..... are paid to shareholders...

A Knowledges B needs ANS: C C skills D informations 70) (din manualul Spiru Haret 2006.4.1.. relief....d) Change the following sentence from Direct into Indirect Speech.. Unit8. Unit2..p21.....4.1) Choose the appropriate position for the following job description: filing. Unit2. “I don’t want to diversify the product offer in the immediate future.ANS: C 65) The removal of money from an account is known as .... Company Organisational Structures...g) Employers are interested in practical.. pct..” the manager stated........ Jobs...... reception and other general office work : A R&D manager B personnel officer ANS: D C bank teller D clerk 67) Nowadays many designers or IT specialists are.. such as word processing and fluency in foreign languages.. pct....p22.. pct. ex.d) Her academic..... ex. ex.. Jobs......p82... Jobs.are good but she doesn’t have any previous experience A occupations B demands ANS: C C qualifications D experiences 69) (din manualul Spiru Haret 2006.... mailing.... pct.. ex.5. A general practitioners B freelance ANS: B C unemployed D civil engineers 68) (din manualul Spiru Haret 2006.p21..... A The manager stated that he wanted to diversify the product offer in the immediate future C The manager stated that he never had not wanted to diversify the product offer in the immediate future .. Unit2. A withdrawal B change ANS: A C pay D deposit 66) (din manualul Spiru Haret 2006.in other words they sell their work or services to different companies...

.. B I’m very sorry to hear about your problem. ) Change the following sentence from Direct into Indirect Speech.appeared to be sitting in cafes and watching people go by. Which is the most polite of these responses? A What’s the problem? C You could be using it incorrectly...a) Choose the best alternative for the following situation: Her main . A TheResearch & Development Department C TheResearch & Development Department decided that they will send their team on a decided that they would be sending their market search in the Middle East team on a market search in the Middle East B TheResearch & Development Department D TheResearch & Development Department decided that they have been sending their decided that they had been sending their team on a market search in the Middle team on a market search in the Middle East East ANS: C 73) In the following group of sentences...1.. ANS: B 74) Choose the correct letter ending: A We are looking forward to receive C We are looking to receive further further orders from you. .p 81-82.... ex. Unit2.. the speaker is responding to a complaint. -Grammar section . ANS: B further orders from you.B The manager stated that he will not want to diversify the product offer in the immediate future ANS: D D The manager stated that he didn’t want to diversify the product offer in the immediate future 71) (din manualul Spiru Haret 2006... D It’s not our fault if the equipment wasn’t installed correctly...p20. Jobs. Unit 8... D We are looking forward receiving further orders from you.. A occupation B profession ANS: A C career D affair 72) (din manualul Spiru Haret 2006. pct. ’’ We will be sending our team on a market search in the Middle East ’’.. decided the Research & Development Department. B We are looking forward to receiving orders from you.

A the position you are interested in B the salary you would like to have ANS: A C your marital status D your hobbies 79) In the sentence: ‘A shipment of urgent medical supplies is expected to arrive very soon.’ the term ‘shipment’ means: A a large boat for travelling on water C a ship used especially for taking military or medical supplies from one place to another B a quantity of goods to be sent together under the terms of a single bill of lading ANS: B 80) Choose an idiom to replace the expression in the brackets: The price of oil (reached its lowest point) in July and began to rise soon after. 76) Choose the most appropriate variant: White collar workers work . but I’m not satisfied with this product..75) In the following group of sentences. D The product doesn’t seem to work very well. A in offices B on building sites ANS: A C in the field D on a farm 77) Choose the most appropriate variant: When you are introduced to somebody you should say ______ . B Unfortunately.. ANS: C C I’m sorry. A How old are you? B How do you do? ANS: B C What are you? D What do you do? 78) In the application letter you should clearly specify ________ . the speaker is complaining. A cut corners B closed out C broke even D bottomed out . Which is the most forceful of these complaints? A There is a small problem with this product. we had some problems with this product..

A questions. including.. deeply regret D relation... hesitate.. connect B enquiries. A run short B buy out ANS: D C gain ground D take stock 87) Choose the most appropriate variant: ... A get B take ANS: A C carry D hold 82) The directors of the company approve the … at the end of the … year. but I shall send you one as soon as they are printed. Petrescu. enclosing. A relation. accounts 83) Choose the correct words to complete the introductory paragraph of a business letter: Dear Mr. apologise 84) Choose the correct words to complete a paragraph of a business letter: If you have any further .ANS: D 81) Work is always so much better if you have a manager you .. I . pause.. or would like to arrange a meeting. posting.. I am . hesitate.. our latest catalogue. on well with.. accounts ANS: A C accounting. With . am afraid B reference.. am afraid ANS: B C connection. to . to our telephone conversation today. delay. contact 85) Choose the things that are traded in financial centres: A securities B commodities C shares ANS: E D currencies E all of the above 86) Choose an idiom to replace the expression in the brackets: We closed the store early in order to (count the number of items we had). accounting D accounts. correspond D questions. accounting B accounting. please do not . us again. enclosing. our most up-todate price list is not yet available. A accounts.. contact ANS: D C doubts..

A will lower B lowers ANS: B C will have lowered 89) Choose the most appropriate variant to complete the complex sentence: If sales don't improve soon ___________________ A they'll have to lay off some workers. if the government _________________interest rates. A show B showed ANS: B C will show D are showing . _______________ A they wouldn't have been so behind C they won't be so behind technologically. A would lose B lost ANS: C C would have lost 88) Choose the most appropriate variant: People will be inclined not to place their savings on deposits. B they wouldn't be so behind technologically. _____________________ A I'll resign rather than wait to be sacked. ANS: B 92) Choose the most appropriate variant: I think it would create much better discipline in the office if you ______ me a bit more respect in front of my staff. D I resigned rather than wait to be sacked ANS: B 91) Choose the most appropriate variant to complete the complex sentence: If they spent more on Research and Development. 90) Choose the most appropriate variant to complete the complex sentence: If I were in your position. C I resign rather than wait to be sacked.Unless the company had advertised. B they had to lay off some workers. it______________market share. technologically. B I'd resign rather than wait to be sacked. ANS: A C they would have to lay off some workers.

the meeting _________________. A would be/will use B will be/use ANS: C C were/ would use 95) Choose the most appropriate variant: If they __________the supplier. if we___________our order by fax. A will deliver/send B will deliver/will send ANS: A C delivered/sent 97) Choose the most appropriate variant: ________ at the last moment. . A didn’t change/won't be B hadn't changed/ wouldn't have been ANS: B C changed/weren’t 96) Choose the most appropriate variant: They _________the goods immediately. they ______ in the mess they are now in. currencies because of the low interest. less people ____________their cars. A People prefer to take loans in foreign C People prefer to take loans in foreign currencies provided that the interest will be low.93) Grammar: Choose the most appropriate variant: What ___________unless we __________to the stipulations of the contract? A will happen/don’t agree B happened/ don't agree ANS: C C happens/agree 94) Grammar: Choose the most appropriate variant: If public transport ______ free. A Hadn’t he arrived /would have been C If he didn’t arrive/had been called off called off B Hasn’t he arrived /will have been called off ANS: A 98) Choose the most accurate translation of the complex sentence below: Oamenii preferă să facă împrumuturi în valută străină cu condiţia ca dobânda să fie scăzută.

103) One of these sentences which are often heard or used when telephoning represents a recorded message. A Our bank would grant you a mortgage C Our bank would grant you a mortgage loan if you would be 25 and would have a loan if you were 25 and had a minimun minimum income of 300 dollars. Choose it. B Our bank would grant you a mortgage loan if you are 25 and have a minimun income of 300 dollars. printed on the packaging. . B will have easily been conquered the foreign market. ANS: B 102) Choose the most appropriate variant to complete the complex sentence: They wouldn't have gone bankrupt if ____________ A they had conducted better market C they will have conducted better market research. ANS: C 100) Choose the most appropriate variant to complete the complex sentence: If the company had had a better marketing strategy they ____________ A will easily conquer the foreign market. B they conducted better market research.B People prefer to take loans in foreign currencies provided that the interest is low. B accurate product information were printed on the packaging. ANS: B 99) Choose the most accurate translation of the complex sentence below: Banca noastră v-ar acorda un împrumut ipotecar dacă aţi avea 25 de ani şi un venit minim de 300 de dolari. C would have easily conquered the foreign market. income of 300 dollars. ANS: A research. ANS: C 101) Choose the most appropriate variant to complete the complex sentence: Consumers would be much better off provided that ____________ A accurate product information would C accurate product information is be printed on the packaging.

...... later?” A hold on B take back ANS: D C hold back D call back 106) Complete the sentence with an appropriate preposition: Depending .... Please leave your name and number after the tone.....on 105) Complete the phone conversation: B: “I ‘d like to speak to Mr....” A put ..” A: “I am afraid he is in a meeting. D Anything else? 104) Complete the phone dialogue: B: “ Extension 101... through B put ..difficulties in late 90s...A Sorry to keep you waiting..... B We are unable to take your call at the present time... there are several organisational structures a company can choose from..up D put. I’ll .... Do you want to ...” A: “The line is now free.. A along B on ANS: B C by D with 107) Complete the sentence with the suitable word: After a long negotiation...... please. Isaac....... we finally reached ... A economy B economically ANS: D C economics D economic 109) Reading comprehension-Logical thinking-Accounting problem solving ... its size. you .. A agree B agreement C agrement ANS: B D agrees E agreeing 108) Complete the sentence with the suitable word: The Far East suffered from ..... ANS: B C Hold on a moment and I will put you through. down ANS: A C give ..

. B the change in the entity’s equity is zero.. Each takes $1000 cash from the partnership entity and deposits it into a personal bank account. Niculescu (2006). p.. A Notes payable B Current liabilities ANS: C C Accounts payable D Retained profits GRILE TIP-COMPLETION Comunicare de afaceri in limba engleza 2. this means they may be declared _________ ( un singur cuvint) ANS: bankrupt insolvent . Ed. Ed. An accounting report of the financial position of the John and Ellen Laundry would show that: A John and Ellen each have $1000 more cash. 132-134 Import-Export terms Money taken by the government on certain imports and exports is known as :________ ________ (Nu folositi semne de punctuatie.John and Ellen own the “John and Ellen Laundry”. Niculescu (2006). a partnership.p. ANS: C C the entity has $2000 less equity D the entity has $1000 less cash 110) The opposite of accounts receivable is. The Language of Business.mfc-CIG-2008/2009 COMPLETION 1) From Unit 13.166 Basic Finance Terminology If a person or business has more debts than money to pay them. Fundatiei Romania de Maine. The language of Business: accounting-banking -finance. accounting-banking -finance. Unde este cazul lasati un singur spatiu intre cuvinte !!!) ANS: customs duties customs duty tariff tariffs customs tariffs customs tariff 2) From Unit 15 and 16. Fundatiei Romania de Maine.

Romania de Maine. p. Fundatiei Romania de Maine.100 . (Nu folositi semne de punctuatie. ( 2 cuvinte cu un singur spatiu intre ele FARA VIRGULA !!) ANS: supply demand demand supply 6) From Unit 11 -Grammar section. Niculescu (coord. A special edition has___ ___ ____ by him for the bank employees (Nu folositi semne de punctuatie.120-122 Grammar : Insert the right form of the verb in brackets: The board of directors recommended that she ____________(to join) the company. Unde este cazul lasati un singur spatiu intre cuvinte !!!)) ANS: just been written 4) From Unit 11-Grammar section: The language of Business: accounting-banking -finance.145 Basic financial terminology In a free market economy the price is determined by__________ and __________ . 119-121 Grammar Put the verb in brackets into the appropriate form: The manager demands that the main entrance __________(to be) locked at night. Unde este cazul lasati un singur spatiu intre cuvinte !!!) ANS: should join join . Ed. Ed. Unde este cazul lasati un singur spatiu intre cuvinte !!!) ANS: should be be 5) From Unit 14 The Language of Business: accounting-banking-finance. accounting-banking -finance. accounting-banking -finance. p. Niculescu (2006).3) From Unit 10 -Grammar section.).p. Fundatiei Romania de Maine. The Language of Business. (Nu folositi semne de punctuatie. 2006. Niculescu (2006). Ed. The Language of Business. Ed.105 Grammar-Passive voice Put the following sentences into the passive voice making all necessary changes He has just written a special edition for the bank employees. Fundatiei Romania de Maine. Niculescu (2006).p.

p. Ed. 111-112-Accounting terminology The excess of expenses over revenues for a period is called a ________________ (Nu folositi semne de punctuatie.p.112 Basic accounting terms The double entry bookkeeping system records at least one __________ and one _______for each transaction (Nu folositi semne de punctuatie.97 GRAMMAR: CONDITIONAL Put the verbs in brackets into the appropriate conditional form using the information given. p.). Acolo unde este cazul lasati un singur spatiu intre cuvinte !!!) ANS: loss net loss loss or net loss deficit debt 10) From Unit 9.16-18 Human Resources Terms-Recruitment Advertising Private employment agencies must place signed advertisements but sometimes they don’t. Niculescu (coord). I’m afraid that the bank _____ _____ (to refuse) to issue a replacement. When the advertisement does not show the firm’s name it is called_______ advertisement.7) From Unit 11.). p.The Language of Business : Accounting-Banking-Finance.). Romania de Maine . Fundatiei Romania de Maine-2006. 2006.The Language of Business : Accounting-Banking-Finance. (LASATI UN SINGUR SPATIU INTRE CUVINTE FARA VIRGULA!!!) You are talking to a customer who has asked you to replace a lost credit card for the fifth time.Funaţiei Romania de Maine-2006. Niculescu (coord. If you ______( to lose) your card again in the future. Lasati un singur spatiu intre cuvinte !!!) ANS: debit credit credit debit 8) From Unit 2: The Language of Business : Accounting-Banking-Finance.Section B: "The Language of Business : Accounting-Banking-Finance". Ed. Niculescu (coord. Niculescu (coord. ANS: lose will refuse .Funatiei Romania de Maine-2006. (un singur cuvint) ANS: blind 9) From Unit 11. Ed. Ed.

111 Key accounting/financial terms A key term used in financial statements/reports that indicates what the business owes e.).Funaţiei Romania de Maine-2006... Ed.. creditors. Ed..The Language of Business : Accounting-Banking-Finance.The Language of Business : Accounting-Banking-Finance. loans. Ed..111-112 The fundamental accounting equation is : (Completati formula -lasati un singur spatiu intre cuvinte !!!...The Language of Business : Accounting-Banking-Finance.. Niculescu (coord. . The customer asked how much the interest for a savings account ____ (Un singur cuvint) ANS: was 13) From Unit 11. p.84 GRAMMAR: REPORTED SPEECH Turn the question below into reported speech.. Ed..g. Lasati un singur spatiu intre cuvinte !!!! ANS: income statement profit and loss account . How much is the interest for a savings account? asked the customer.Fundatiei Romania de Maine-2006. is a formal financial statement that aids users in assessing the profitability of a business...Fundatiei Romania de Maine2006... p.) Assets =__________ +____________ ANS: liabilities equity liabilities owners equity liabilities owner's equity liabilities net worth liabilities shareholder's equity liabilities stockholder's equity liabilities owner's equity/net worth liabilities owner's equity / net worth liabilities owner's equity/ net worth equity liabilities owner's equity liabilities owners' equity liabilities 14) From Unit 11...... staff leave not yet taken ANS: liabilities 12) From Unit 8.The Language of Business : Accounting-Banking-Finance.111-112 A/an . bank overdraft. p.Fundatiei Romania de Maine-2006... p.11) From Unit 11...

Ed.Fundatiei Romania de Maine-2006. FARA SEMNE DE PUNCTUATIE !!!!) The marketing people are complaining about the lack of staff and if we ______( to have) more money we would ______ (to employ ) more people.96 Grammar. p.The Language of Business : Accounting-Banking-Finance. Fundatiei Romania de Maine. (un singur cuvint la plural) ANS: assets 18) From Unit 9-Grammar section. (Lasati un singur spatiu intre cuvinte. the bank would ____ ____(lend) you the $2000. ANS: have lent 16) From Unit 11.The Language of Business : Accounting-Banking-Finance. Ed.P&L account profit and loss statement 15) From Unit 9-Section B . Ed. Ed.p.Fundatiei Romania de Maine-2006.If clause Put the verbs in brackets into the correct tense.The Language of Business : Accounting-Banking-Finance. p. The Language of Business. accounting-banking -finance. If you had had more money in your account. A bank representative has just refused your request for a $2000 loan because you do not have enough money in your savings account. ANS: had employ had had have employed .111-112 Give the accounting name for the following: Things of value owned by an entity. p.Fundatiei Romania de Maine-2006.112 Basic Accounting Terminology Money taken from the profits made by companies is known as :__________ tax.96 Grammar: If clause Put the verb in brackets into the appropriate conditional form using the information given. (insert one word) ANS: income corporation 17) From Unit 11. Niculescu (2006).

MODIFY its grammatical form where necessary. accounting-banking -finance. My uncle said he had just opened a savings account. salary. A sentence has been done for you. . Ed. debit. (Nu folositi semne de punctuatie. The Language of Business. T. May I take the opportunity once more to welcome you as a customer of the Mediterranean Bank Yours sincerely. I want to go to Bahamas next summer” my uncle said. “I have just opened a savings account. as he wanted to go to Bahamas the following summer.” my parents. It is operated by the banks and money is transferred from the buyer to the seller through the banking system.133 Basic import-export terminology State the COMMONEST METHOD OF PAYMENT for trade between countries. opening.p. Morrison We are pleased to confirm that we have___________an account in your name. “You must take out a mortgage.in-law said last year. The account number is 8709000514 and your ________ balance is $4000. business) (Nu folositi semne de punctuatie. questions and orders below into reported speech. Last year. ( money. to open. Lasati numai un singur spatiu intre cuvinte !!!) Dear Ms. ( un singur cuvint) ANS: unemployment 21) BUSINESS COMMUNICATION Complete the following business letter choosing the appropriate word or phrase from the list. Niculescu (2006). my parents-in-law said that we___________take out a mortgage. transfer.19) Turn the statements. Acolo unde este cazul lasati un singur spatiu intre cuvinte !!!) ANS: had to 20) Money paid to people that are made redundant is known as ________ benefit. bank statement. Fundatiei Romania de Maine.S Schneider Manager ANS: opened opening 22) From Unit 13. to charge.

I can hear you good. Niculescu (2006). Unde este cazul lasati un singur spatiu intre cuvinte !!!) ANS: bill of lading 24) SPEAKING Identify the error in the following sentence. Nu folositi semne de punctuatie !!) ANS: letter of credit L/C Documentary credit L/C 23) From Unit 13.(Lasati un singur spatiu intre cuvinte .p. C. LASATI UN SINGUR SPATIU INTRE CUVINTE ) • • facilitatea de retragere numerar în cont descoperit (descoperit de cont) credit ipotecar ANS: overdraft facility mortgage bank loan overdraft facility mortgage loan overdraft facility mortgage overdraft mortgage loan overdraft mortgage 26) Traduceti in limba engleza următoarele documente bancare / financiar contabile (Nu folositi semne de punctuatie. It is possible that there is no error (in this case write "No error") (Daca nu este nici o greşeală scrieti "no error". ANS: well No error 25) Traduceţi in limba engleză următoarele doua servicii oferite de băncile comerciale (NU FOLOSITI SEMNE DE PUNCTUATIE SAU ORDONARE (DECI FARA A. accounting-banking -finance. Daca exista vreo greseală atunci scrieti numai cuvintul ce trebuie sa inlocuiască unul din cuvintele evidentiate) Although I cannot see you. then correct the mistake. Unde este cazul lasati un singur spatiu intre cuvinte !!!) . Ed. B. . The Language of Business. Fundatiei Romania de Maine.134 Basic Import-export terminology One of the most important shipping documents which is also a document of title is the_____ ___ ______ (Nu folositi semne de punctuatie..

.100 . Fundatiei Romania de Maine. ANS: has already been 30) From Unit 11.Fundatiei Romania de Maine-2006. (Scrieti numai cuvintele care lipsesc) (Nu folositi semne de punctuatie. accounting-banking -finance. Insert the adverb in brackets. Niculescu (2006). Unde este cazul lasati un singur spatiu intre cuvinte !!!) They have sent for the doctor (already) The doctor ___ ___ ___ sent for. (Nu folositi semne de punctuatie. ANS: bad unemployment 28) From Unit 10 -Grammar section. Ed.• extras de cont ANS: bank statement bank statement of account statement of account statement 27) Enter the correct words to build expressions related to economics and finance. ___________ benefit is regularly paid by the government to people who do not have a job. Ed.The Language of Business : Accounting-Banking-Finance. Use the same tense. Use the same tense. accounting-banking -finance. Niculescu (2006). p.100 . The Language of Business.105 Grammar: Passive Voice Transform the following active construction into a passive construction. Ed. The Language of Business.p. Insert the adverb in brackets. Fundatiei Romania de Maine. Lasati un singur spatiu intre cuvinte !!!) • • A _____ debt is a loan that is not likely to be paid back. (Nu folositi semne de punctuatie. Unde este cazul lasati un singur spatiu intre cuvinte !!!) They have opened the new conference hall (just) The new conference hall ___ ___ ___ opened ANS: has just been 29) From Unit 10 -Grammar section.p.112 In accounting the idea of income is the difference between _________ and _________.105 Grammar: Passive Voice Transform the following active construction into a passive construction.

(Scrieţi numai cele două cuvinte -la plural-lasind o singura pauză intre ele. 2006. to pay ) (Nu folositi semne de punctuatie. Use standard English spelling. Niculescu (coord. to contact. ANS: made cancelling doing made canceling doing have made cancelling doing have made canceling doing 33) Business writing . to be.40 12 tablecloths @ $1. to run.LETTER OF COMPLAINT -Complete the following business letter choosing the appropriate word or phrase from the list. to want.24 each $ 77.56 24 5-piece place settings @ $3.76 Subtotal $336. The Language of Business-accounting-banking-finance. sell. I look forward to ___________ business with you in the future.5%) $ 15.76 48 chairs @ $2. MODIFY its grammatical form where necessary.). I’m _______ that invoice and re-invoicing you as follows: 12 tables @ $11.62 I hope this resolves the issue to your satisfaction. Ed. to fail. MODIFY its grammatical form where necessary.14 ______ Total $351. p. MODIFY its grammatical form where necessary.05 each $ 98. 130-Business writing . to contact. Use standard English spelling ( to allow. to make. to file.48 each $137. Melrose: The purpose of this letter is to advise you that I ___________my attorney and plan to _________ a suit against Class Arrivals unless you drop the charges for which I have _________ billed. to drop. Use a word only once ( to be able to. to do. Lasati un singur spatiu intre cuvinte !!!) Dear Ms. Fundatiei Romania de Maine.Apology for billing error Complete the following business letter choosing the appropriate word or phrase from the list. to allow. . FARA virgula) ANS: revenues expenses 31) From Unit 12. to pay ) (Nu folositi semne de punctuatie. to buy. Yours sincerely.48 Tax (4. to cancel. sell. Howard I would like to apologize for the error we _________ on our invoice DCI-987 dated June 15. to be. to buy.Apology for damaged shipment Complete the following business letter choosing the appropriate word or phrase from the list. Lasati un singur spatiu intre cuvinte !!!) Dear Mr. ANS: contacted file been have contacted file been 32) Business writing.88 $ 22.

( to arrive. MODIFY its form where necessary. present. dated January 17).399. to be. to purchase. Boyanov Unfortunately.375. Lasati un singur spatiu intre cuvinte !!!) Dear Mr. I’ve ordered an exact replacement from the factory. Sincerely. to sell. (2 cuvinte-lasati un singur spatiu intre ele ! ) ANS: straight line straight-line fixed installment fixed instalment . have) (Nu folositi semne de punctuatie. to serve. to make. we are now forced to add a late charge of $23. to be able to. Because your account is three months _______ due. to cause. and I’ve been____________that it will take four to six weeks to get here. Boyanov I’m sorry to learn about the damage to the sofa that you _________ from us last month. to make. to contact. The most popular way of calculating the depreciation each year is the _______ _______ method. The new balance is $2. to want. to cancel) (Nu folositi semne de punctuatie. and we will arrange a convenient time for delivery. to receive. please call me today to discuss arranging a payment schedule. to be. to be able to. Bob Chamberlain Manager ANS: purchased told arrives 34) Business writing . I’ll be in touch very soon. invoice. to purchase.Collection letterComplete the following business letter choosing the appropriate word or phrase from the list. I am sorry for the inconvenience this has caused you.60 payment for merchandise you purchased January 15 (invoice #4454.35 Please be sure to ________your account with us today. If you have difficulty paying the full amount now. to cancel.75 in accordance with our credit policy. I’ll call you as soon as it_____________. to tell. to tell. Sincerely. past. we still have not ___________your $2. to sell. Bob Chamberlain Manager ANS: received past settle received over settle 35) Enter the correct words to build expressions related to accounting. to contact. Use standard English spelling (to order. Lasati un singur spatiu intre cuvinte !!!) Dear Mr. to cause. to settle. Our driver has determined that the damage occurred in shipment (most likely from the manufacturer’s warehouse to our store).

ANS: outstanding remittance undertook . The language of Business: accounting-banking -finance. 140 Financial terms Insert the correct word to finish the phrase or question I haven't got enough money for lunch.). cash. Unless I receive full payment within the next seven days. we have not yet received your _______(2) or a reply to our previous requests for payment. for the exhibition equipment we supplied to you. James Re: Invoice 32448 I am writing to you once again regarding the above invoice. Fundatiei Romania de Maine. 118 Complete the following business letter choosing the appropriate word or phrase from the list below. Lasati un singur spatiu intre cuvinte !!!) Dear Mr. (Nu folositi semne de punctuatie. Yours sincerely.36) From Unit 11. to charge )-(Nu folositi semne de punctuatie sau de ordonare. outstanding. Unde este cazul lasati un singur spatiu intre cuvinte !!!) The ___________ is a summary of the company’s trading performance. All are expressions which occur frequently in business letters: Duty has been paid _______the goods and they are not liable ____VAT (Lasati un singur spatiu intre cele 2 prepozitii !) ANS: on to 38) From Unit 13-section B. p. p. ANS: profit and loss account P&L account income statement profit and loss statement 37) Fill in the correct prepositions in these sentences. Could you ________(a împrumuta) me some? ANS: lend 39) BUSINESS COMMUNICATION-Chasing late payments-Unit 11-p. Ed. full. Ed. Niculescu (coord. the financial movements over the past financial year. dated 18 February and 15 March. This invoice is still ___________(1). Niculescu (2006). MODIFY its grammatical form where necessary. 111-112-Accounting terminology Enter the correct words to build expressions related to accounting.The Language of Business : Accounting-Banking-Finance.Funaţiei Romania de Maine-2006. dated 11 January . (remittance. Under the terms of our contract you _________(3) to settle within thirty days of receipt of our invoice. to undertake. settle. Marin Ionescu Head of Financial Dept. you will leave me no alternative but to put this matter into the hands of my solicitor. According to our records. overpaid.

. Eastern Europe countries have been faced with numerous..If clause Completati traducerea de mai jos: Daca nu as fi fost disponibilizat acum nu trãiam din ajutorul de somaj....style of writing....... a...problems..... His main strength consists in his. 96-97 SPEAKING & Grammar....outstanding remittance have undertaken 40) BASIC ACCOUNTING TERMINOLOGY Spell out the following abbreviation. 3. economical 1. Niculescu (coord.. Western countries have a sound . according to the context. p. Fundatiei Romania de Maine..... Ed. If I ___ ___ laid off I wouldn’t have lived on ____ benefit now Lasati un singur spatiu intre cuvinte !! ANS: hadn’t been unemployment had not been unemployment 43) Grammar Put the following sentences into the passive voice making all necessary changes. After the fall of Communism.. Fundatiei Romania de Maine... 2006........... The Language of Business-accounting-banking-finance.... A different attitude will have to ________by them Lasati un singur spatiu intre cuvinte !!! ANS: be adopted 44) From Unit 15..). (Use English words !!) VAT ANS: value added tax 41) Complete the following sentences with the appropriate word in the pair..) ANS: aba economic economical economic 42) From Unit 9-Grammar section: The Language of Business: accounting banking finance..... 157-157 Basic finance / accounting terminology Write the missing word in the gap (use plural form) . 2006 p....... 2. They will have to adopt a different attitude..policy (Scrieti fie numai literele SAU cuvintele potrivite lasind un singur spatiu intre ele FARA VIRGULA !!. Niculescu (coord...) Ed... economic b..

suppliers. (Lasati un singur spatiu intre cele 2 prepozitii ! ) ANS: in at 46) Fill in the blanks with the words or phrases from the list below.. Fundatiei Romania de Maine. 2006.. to promote.. Ed.accounting-banking-finance.. How can I help you? Peter: This is Peter Androne.. to hire.. (overheads. Change the grammatical form of the words where necessary. p.. The company’s. We’re expanding and personnel is presently .... 2006. Supermovers. balance) Our company has over 1000 employees on its payroll. assets.... Niculescu (coord. Inflation now stands______6%.... shareholders. There are more words than blanks.. Ed. Can I have _________ 334 please ? ( un singur cuvint !!) . Niculescu (coord..)... profits.including rent. Lasati un singur spatiu intre cele 2 cuvinte !!! ANS: hiring overheads 47) From Unit 11.49 The language of telephoning Complete the following telephone dialogue: Operator: Hello... have doubled this year..new staff.The Language of Business . p... 111 Traduceţi in limba engleza următoarele documente financiar-contabile • situatie financiar-contabila (Scrieti la singular 2 cuvinte !!!) ANS: financial statement operating statement statement of financial condition statement of financial position 48) From Unit 5-“The Language of Business: accounting-banking-finance”. Spiru Haret.People who buy shares in a company are called ________ (1 singur cuvint la plural !) ANS: shareholders stockholders 45) Grammar Complete the sentences with the correct prepositions The increase ____ salaries is around 4%.). electricity and heating.

. (to get) ANS: getting 53) Complete the sentence below by inserting the right form of the verb in brackets. (scrieti un singur cuvant) The pens received before were satisfactory and we had no .. (to complain) ANS: complaints complaint 51) Complete the sentence below by inserting the right word derived from the verb in brackets. ANS: overdraft loan 50) Complete the sentence below by inserting the right word derived from the verb in brackets.... shares etc....systems are very important for the book keeping..) are bought and sold at prices governed by the forces of demand and supply is called: _____ _______( use singular form) (scrieti 2 cuvinte cu un singur spatiu intre ele!!). . (scrieti un singur cuvant) .... (to file) ANS: filing 54) Complete the sentence below with an appropriate word: An organized and regulated financial market where securities (bonds.. (scrieti un singur cuvant) He left university after . The building society has approved their mortgage loan . you’ll have to ask for a /an ….. a good job in a good company.... (to apply) (scrieti un singur cuvant !) ANS: application 52) Complete the sentence below by inserting the right form of the verb in brackets. from customers.ANS: extension 49) Complete the sentence below with an appropriate word (scrieti un singur cuvant ! ) If you don’t have enough money in your account to pay your bills... ANS: .

Jobs.p17) Complete the following sentence with the correct missing word(s). The candidates may have the chance to meet the employer face-to-face if they are invited to attend a/an . A/ An ..... Unit2. ( un singur cuvint) ANS: ad advertisement 56) (din manualul Spiru Haret 2006.. One source of job information is a newspaper . Jobs..... connected with a job search process......p16) Complete the following sentence with the correct missing word(s). Unit2.... department selects the applications that it considers the most suitable..p17) Complete the following sentence with the correct missing word(s)...stock exchange stock market 55) (din manualul Spiru Haret 2006. Unit2.. ( Un singur cuvint !!) ANS: blind 57) Complete the following sentence with the correct missing word(s). advertisement does not show the company’ s name.. The department in charge with the selection of the applications will prepare a final ____ list of candidates to be interviewed. (un singur cuvint) ANS: short 59) (din manualul Spiru Haret 2006.. (scrieti un singur cuvint) ANS: resources resource 58) (din manualul Spiru Haret 2006. Unit2... The company’s human ..p16) Complete the following sentence with the correct missing word(s)... Jobs.. Jobs.. (un singur cuvint !) ANS: interview ..

....UNIV.. p.."Engleza de Afaceri" Fulvia Turcu..2008/2009 MATCHING From Unit 10 and 14 -"The Language of Business-accounting-banking-finance.. Match the following statement of a potential customer to the most appropriate financial service needed. People interested in a job or a position can .. Unit2. Unit2..p19) Complete the following sentence with the correct missing word(s).. prove it in an interview..Swift transfer BANK TERMINOLOGY 1 2 3 4 insurance policy mortgage loan business loan checking (current) account ... Uranus... Jobs. Fundatiei Romania de Maine.. 2006... Unit2. p....p17) Complete the following sentence with the correct missing word(s). If you believe in your ability to become the succesful job . Ed. Jobs. of application means your intention in getting a job or a position in a company.... 100 and 145 as well as from Unit. (un singur cuvint) ANS: apply try GRILE-TIP MATCHING Comunicare de afaceri in limba engleza 2-MFC-CIG-AN.60) (din manualul Spiru Haret 2006. Ed... Jobs.p17) Complete the following sentence with the correct missing word(s). (un singur cuvint) ANS: applicant candidate seeker 61) (din manualul Spiru Haret 2006. chosen by that company.... for it by sending first a Curriculum Vitae. (un singur cuvint) ANS: letter 62) (din manualul Spiru Haret 2006.. 1991. Sending a . The first one has been done for you (select one): “I want to send $1500 to my son in Tokyo as quickly as possible”..

Ed. p."Engleza de Afaceri" Fulvia Turcu. Ed. 100. p. Fundatiei Romania de Maine. 2006.5 treasury bonds 1) 2) 3) 4) 5) 1) 2) 3) 4) 5) “I want to invest in safe securities" “I want to guard my house against damage” “I’d like to open an account that enables me to make withdrawals or payments against deposited funds “I’d like to buy a new house” “I’d like to buy equipment for the new premises” ANS: 5 ANS: 1 ANS: 4 ANS: 2 ANS: 3 From Unit 10 and 13 -"The Language of Business-accounting-banking-finance. 138 as well as from Unit. p. Uranus. Niculescu (coord). BANK TERMINOLOGY Match the verbs and nouns to form common banking collocations (word partnerships) 1 2 3 withdraw open key in 4 5 pay make 6) 7) 8) 9) 10) 6) 7) 8) 9) 10) bills a deposit a PIN number cash an account ANS: 4 ANS: 5 ANS: 3 ANS: 1 ANS: 2 From Unit 11 The Language of Business: accounting-banking-finance.. 115 Balance Sheet Entries . Fundatiei Romania de Maine. 2006. Ed. Niculescu (coord).. 1991.

A gradual loss in value (of equipment or other assets ) over time. equipment currently owned and not intended for sale. etc. claims. Fundatiei Romania de Maine.Here are a number of essential business entries used on a balance sheet. 1 2 3 it makes borrowing easier people tend not to save it looses market share 4 5 6 governments expect something in return you don’t pay income tax people are more productive 16) 17) 18) 19) 20) 21) 16) 17) 18) 19) 20) 21) If they work in pleasant surroundings If they give aid If you have an offshore bank account If inflation is high If a company doesn’t advertise If the government lowers interest rates ANS: 6 ANS: 4 ANS: 5 ANS: 2 ANS: 3 ANS: 1 From Unit 2 -Jobs. Property. Niculescu (coord). p. heating. Use the words listed below to decide which type of entry fits the definition. etc.The Language of Business: accounting-banking-finance. lighting. Ed. 2006. ANS: 2 ANS: 4 ANS: 1 ANS: 3 ANS: 5 Reading comprehension: Basic Business Issues Match the first part of the sentences with the right endings. Costs and money owed. The asset value that actually belongs to the owner or the monetary value of a business beyond any amounts owed on it in mortgages. 1 equity 4 depreciation 2 overheads 5 fixed assets 3 liabilities 11) 12) 13) 14) 15) 11) 12) 13) 14) 15) Non-changing costs such as rent. 21 .

2006 Essential Business Entries Here is a list of 5 cost items.The Language of Business: accounting-banking-finance. Niculescu (coord). 2006. Niculescu (coord). Ed. Fundatiei Romania de Maine. 85-86 BUSINESS WRITING Match the opening and closing greetings. Smith ANS: 3 ANS: 2 ANS: 1 From Unit 11 The Language of Business: accounting-banking-finance. Fundatiei Romania de Maine. newspapers 5 salaries 3 heating.Match the form of revenue with the right recipient 1 2 3 laid off employee shareholders sales representative 4 5 financial adviser blue-collar worker 22) 23) 24) 25) 26) 22) 23) 24) 25) 26) commission wages fees redundancy pay dividend ANS: 3 ANS: 5 ANS: 4 ANS: 1 ANS: 2 From Unit 8 . 1 2 Yours sincerely / Kind Regards Take care / Best wishes / All the best 3 Yours faithfully 27) 28) 29) 27) 28) 29) Dear Sirs / Dear Sir or Madam /Ladies and Gentlemen Hi Susan / Dear Robert and Mary Dear Mrs. 1 leasing of computers 4 mortgage payments 2 books. Jones / Dear Mr. Categorize them according to the headings given below. water. Ed. p. gas and electricity bills 30) 31) employee costs property .

. ANS: 1 ANS: 5 ANS: 4 ANS: 3 ANS: 2 Match the English words on the left to their opposites on the right........ The place we rent at the moment is too expensive.. We’ve decided to move to a new office to....... I don’t know when I’ll be able to pay it back..more than 2000 Ron per month and I have a company car... I ....32) 33) 34) 30) 31) 32) 33) 34) overheads equipment miscellaneous costs ANS: 5 ANS: 4 ANS: 3 ANS: 1 ANS: 2 Basic accounting/bank terminology Complete the gap in the following sentence with a suitable verb.. She said that our accounting system was too disorganised.. 1 lend 4 save 2 borrow 5 earn 3 owe 35) 36) 37) 38) 39) 35) 36) 37) 38) 39) The bank manager refused to ........ I’m going to _________some money from my friends so I can buy a brand new Toyota.....us the mony we needed....the bank $3800.. I have really done well since I moved to Bucharest..... I still . 1 2 LOSS WEAKEN 3 4 RISE DOUBLE 40) 41) 42) 43) 40) FALL PROFIT HALVE STRENGTHEN ANS: 3 ...money..

1 2 3 a se ameliora tendinta usor 4 5 constant radical 44) 45) 46) 47) 48) 44) 45) 46) 47) 48) steady improve slightly drastically trend ANS: 4 ANS: 1 ANS: 3 ANS: 5 ANS: 2 Match the English words on the left to their Romanian equivalents on the right. . 1 2 3 produse finite bilant lucrare in curs 4 5 pasive cheltuieli de exploatare 49) 50) 51) 52) 53) 49) 50) 51) 52) 53) balance sheet liabilities operating expenses finished goods work-in-progress ANS: 2 ANS: 4 ANS: 5 ANS: 1 ANS: 3 Match the English words on the left to their Romanian equivalents on the right.41) 42) 43) ANS: 1 ANS: 4 ANS: 2 Match the English words on the left to their Romanian equivalents on the right.

1 2 3 productivitate preluare obligatiune negarantata 4 5 6 venituri castiguri din operatiuni de capital cotatie 59) 60) 61) 62) 63) 64) 59) 60) 61) 62) 63) 64) debenture quotation takeover capital gains earnings yield ANS: 3 ANS: 6 ANS: 2 ANS: 5 ANS: 4 ANS: 1 Match the job with the job description: 1 2 3 bank manager accountant civil engineer 4 5 auditor management consultant .1 2 3 flux de numerar taxe/contributii sociale a prezenta (spre evaluare) un bilant 4 5 devalorizare. amortizare cheltuieli administrative 54) 55) 56) 57) 58) 54) 55) 56) 57) 58) submit a balance sheet overheads depreciation social security charges cash flow ANS: 3 ANS: 5 ANS: 4 ANS: 2 ANS: 1 Match the English words on the left to their Romanian equivalents on the right.

I receive and pay money in a bank.65) 66) 67) 68) 69) 65) 66) 67) 68) 69) We examine and (usually) approve a company’s financial records. and the unit cost of products. ANS: 5 ANS: 4 ANS: 2 ANS: 3 ANS: 1 Match the revenue with the right recipient 1 2 3 commission wage(s) salary 4 5 fees royalty 75) 76) 77) 78) 79) financial adviser white-collar worker sales representative blue-collar worker author . We are always ready to discuss lending possibilities with our clients. calculate tax. I specialise in advising on management reporting systems. I draw up and check financial statements. I welcome and deal with people arriving in the office building. We built bridges ANS: 4 ANS: 5 ANS: 1 ANS: 2 ANS: 3 Match the job with the job description: 1 2 3 Bank teller Receptionist Bookkeeper 4 5 General practitioner Sales representative 70) 71) 72) 73) 74) 70) 71) 72) 73) 74) I visit all my clients four or five times a year to tell them about our latest products. I have about 500 patients on my list. I obtain and record financial records.

analyzing these results and suggesting the ways in which the business may grow in the future. but reinvested in the company. 2 4 80) 81) 82) 83) 80) 81) 82) 83) account accounting ledger purchase book ANS: 2 ANS: 3 ANS: 1 ANS: 4 Match the following basic accounting concepts with their definition: 1 2 money owed to minority shareholders 3 in the company’s subsidiaries and associated companies. 3 recording the past growth or decline of the business. the percentage a bank pays to depositors for the amount in deposit. 84) 85) 86) 87) 84) 85) 86) INCOME INTEREST RATE MINORITY INTERESTS RETAINED PROFITS ANS: 2 ANS: 3 ANS: 1 . money that is not paid out to shareholders as dividend.75) 76) 77) 78) 79) ANS: 4 ANS: 3 ANS: 1 ANS: 2 ANS: 5 Match the following basic accounting terms with their definition: 1 detailed listing of all accounts of an organization. a record of the money that a business receives or pays out. a register where purchases are recorded. 4 receipts from sales or payments of interest and dividends.

ANS: 3 ANS: 1 ANS: 2 ANS: 4 Match each comment with a suitable reply: 1 2 Oh dear! Nothing serious I hope. Bad news! They say they might have to make me redundant.87) ANS: 4 Match the following basic accounting concepts with their definition: 1 2 balance sheet profit and loss account 3 4 trial balance cash flow statement 88) 89) 90) 91) 88) 89) 90) 91) is the test that determines whether the total of debits equals the total of credits. 96) 97) 98) 96) all information is filed in ABC order. ANS: 2 . all information is filed by date. Bad luck! 92) 93) 94) 95) 92) 93) 94) 95) We’ve just won that large contract with ICI. I’m sorry I’m late. In an alphabetical filing system. 3 In a chronological filing system. shows what the business owns and what it owes to its creditors and to its owners on the last day of the accounting period. all information is filed by number. That’s all right. We haven’t started yet. Our sales manager is in hospital. summarizes the profitability of the company by balancing revenue against expenses It is a historic view of the flows of cash into and out of the business. ANS: 3 ANS: 1 ANS: 4 ANS: 2 Match the filing system with its description: 1 2 In a consecutive filing system. 3 4 Congratulations! I’m sorry.

1 creative accounting / window dressing 4 managerial accounting 2 financial accounting 5 auditing . Getting external companies to do work for your company. Reduction of (middle management) levels: the process of simplifying the structure of an organization to make it more efficient. companies. Niculescu (coord. 92 Basic terms used in accounting Match up the accounting words and phrases with the correct definitions. Ed.97) 98) ANS: 3 ANS: 1 Match the word with its definition: 1 2 Shareholder Broker 3 Bond 99) 100) 101) 99) 100) 101) An agent who is employed by his/her principal to buy/sell his/her goods or services. Fundatiei Romania de Maine. Niculescu (coord). 2006. A holder of one or more shares in a company. ANS: 2 ANS: 3 ANS: 1 From Unit 8. ANS: 3 ANS: 1 ANS: 4 ANS: 2 ANS: 5 From Unit 9 The Language of Business: accounting-banking-finance. A business model organized around the needs of the customer. 77-79 Match these terms with their definitions. 1 2 3 business entities outsourcing supplier 4 5 delayering customer-centric approach 102) 103) 104) 105) 106) 102) 103) 104) 105) 106) Someone whose business is to provide a particular service or commodity. p.)p. The Language of Business: Accounting-Banking-Finance. A formal document acknowledging the existence of a debt.

3 book-keeping 107) 108) 109) 110) 111) 107) 108) 109) 110) 111) daily recording of financial information. the design and maintenance of the accounting system. prepairing budgets and other financial reports for decision-makers. the process of using unusual but not illegal ways to change business accounts to make them look better than they really are. an official examination of a company’s financial records in order to check that they are correct. ANS: 3 ANS: 5 ANS: 4 ANS: 1 ANS: 2 .

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