Types of Sentences
(page 56-57)
The Answers of Exercise B
1. To make money, they must first spend money, for inventory, supplies, equipment and facilities acquired and employees paid.
2. Revenue from sales of the firm’s product should be the chief source of funding.
3. Financial manager is the ones who keeps track of how money is flowing into and out of the firms.
4. A financial manager decides how the available funds will be used, how much money is needed, and where to get it.
5. Financial management is the responsibility of the vice president of finance of the chief of finance officer.
6. The main function of accountants is to collect and present financial data.
7. The basis of financial decision is financial statement.
8. The financial manager’s job is focus on cash flow and out flow of cash.
9. The jobs of CFO are coordinate information from such area as marketing and production to develop and carry out financial strategies.
10. In a small firm, the financial functions are performed by either the accounting department or one or two poeple.
11. The key activities of the financial managers are financial planning, investment and financing.
12. Budgets are a way to control expense and compare the actual performance to the forecast.
13. The function of budgets are revised when the assumptions on which the budgets was based on longer hold true.
14. The three types of budgets are cash budgets, capital budgets and operating budgets.
(page 58-61)
Exercise 1
1. The one who keep track of how money is flowing into and out the firm is known as:
(b) financial manager.
2. The formal written forcast of revenue and expenses is known as:
(c) budget.
3. It is used to forecast the firm’s cash inflow and outflow:
(a) Cash budget
4. Investment, financing and financial planning are the main activities of:
(b) Financial manager
5. It is used to control and monitor the performance of a division or department:
(c) Budget
Exercise 2
1. revenue = (b) the main source of funding
2. finance = (a) sum of money intended for special purpose
3. expectation = (f) hopes
4. company = (k) firm
5. job = (m) assignment
6. expense = (l) cost
7. function = (e) role
8. division = (o) Segment
9. plan = (g) design
10. equipment = (n) apparatus
11. estimate = (j) approximate to some value more or less acuracy
12. implement = (h) the act of planning
13. projection = (i) put into practice
14. available = (c) obtainable
15. fund = (a) sum of money intended for special purpose
Exercise 3
1. All companies need money to meet the goals.
(TRUE)
2. Keeping track of cash inflow and outflow is the function of financial managers.
(TRUE)
3. Preparing and implemaenting financial plans is one of the duties of financial managers.
(FALSE)
4. Financial forecast starts with the financial planning process within the firm.
(FALSE)
5. Budget are formal written forecast or revenues and expenses.
(TRUE)
6. Cash budgets forcast outlays for fixed assets.
(FALSE)
7. Budgets guarantee that the firm will have enough funds to buy the equipment. (FALSE)
8. Operating budgets forecast the firm’s cash inflows and outflows.
(FALSE)
Exercise 4
NO. NOUN VERB
1. Equipment Equipe
2. Relation Relate
3. Statement State
4. Preparation Prepare
5. Coordination Coordinate
6. Information Inform
7. Development Develop
8. Estimation Estimate
9. Combination Combine
10. Consideration Consider
The Answer of Exercise 5
1. Money is refered to capital.
2. Continue to is refered to advanced.
3. Chief is refered to primary.
4. Obtain is refered to available.
5. Factor is refered to element.
6. Uses is refered to utilizes.
7. Paid back is refered to repaid.
8. Anticipate is refered to solve.
(page 66-69)
Exercise 1
1. The books from the library need to be returned by Friday.
2. The parents and the chid often watch Disney movies.
3. The phone that belongs to the two friends has finally run out of minutes.
4. That pair of trousers look good on you.
5. Either Matilda or her brother use the simphony tickets each week.
6. The crowd was cheering wildly for Tom.
7. The politics of this campign seem very complicated.
8. Everyone at the company’s headquarters knows the code to the safe.
9. Gulliver’s Travels are one of my favorite books.
10. Measles cause a good deal of itching.
Exercise 2
1. Emily and Greg come to my house every Friday for lunch.
2. There needs is time to watch the movie.
3. My friends who are in the band want me to play a musical instrument.
4. My father or my brothers are coming with me to the ball game.
5. Everyone needs time to relax.
6. That bag of oranges look fresh.
7. The lacrosse team hope to win the turnament next week.
8. Your trousers need to be cleaned.
9. Some of the books on the shelf are dusty.
10. Even though the students like the class, a few think that is too complicated.
Exercise 3
1. So many people are waiting outside.
2. The office next door was closed all day yesterday.
3. The print on the labels is so small.
4. The carpet has so many stains on it that it needs to be replaced.
5. The Trade Union members’ meeting are downstairs in the Conference Room.
6. Mr. and Mrs. Taylor have moved in the next door to us.
7. Two cars and a coach were involved in the motorway accident.
8. This application form for the new job, which was posted yesterday, has gone missing.
9. My neighbour plays his music so loud that the walls almost vibrate.
10. Ricardo does not care whether United or City is winning.
11. The bouquet of flowers has just arrived.
12. He makes use of the computer now, and even writes reports for the manager with it.
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