Please study the 20 vocabulary below and press the Mark Complete button to continue.
- adverse
- having a negative or harmful effect
- at their disposal
- available to be used by somebody
- carry out
- to perform or complete a job or activity
- contrast
- to compare with an aim to show differences
- cover
- to deal with or to include something
- cyclical pattern
- a trend which is repeated at intervals
- designated for
- stated as officially having a particular purpose
- drawing up
- officially preparing a written document
- dynamic budget
- a financial forecast which adapts to changes of one or more variables
- eliminate
- to completely remove something which is not wanted
- go ahead
- to continue or proceed
- go over
- to look at in detail, to study
- margin of safety
- the amount by which sales can decrease before a company becomes unprofitable
- marginal cost
- the cost of producing one more item as compared to the cost of producing all items
- omission
- the failure to include or do something
- on account of
- because of, due to
- ran into
- encountered unexpectedly
- referred to
- checked or consulted a source of information
- set aside
- to save something for a special purpose
- setting out
- arranging or preparing something for others to see or use
UK
US
UK
US
Recent bad publicity had an adverse effect on the company's sales.
UK
US
UK
US
The company has millions of dollars at its disposal to fund new research.
UK
US
UK
US
The IRS carried out an audit of the company as a result of errors in the accounts.
UK
US
UK
US
By contrasting this year's expenditures with last year's, we will see the main differences.
UK
US
UK
US
You need to ensure that the report covers all possible costs.
UK
US
UK
US
Changes in the economy have followed a cyclical pattern.
UK
US
UK
US
This building has been designated for the accounting team.
UK
US
UK
US
The lawyers drew up the contract of sale.
UK
US
UK
US
Dynamic budgets have become more popular since it is increasingly difficult to precisely forecast sales
volume.
UK
US
UK
US
It is impossible to eliminate all risk in investment so you should seek advice on the safest options.
UK
US
UK
US
The meeting went ahead when John returned.
UK
US
UK
US
After going over the budget, it is clear that we will not meet our sales targets.
UK
US
UK
US
As our margin of safety is only 10,000, we need to look at ways of increasing sales.
UK
US
UK
US
Marginal costs are generally relative to the amount of fixed costs.
UK
US
UK
US
The omission of the depreciation cost for the year meant the budgeted figures were not correct.
UK
US
UK
US
The company was closed on account of low sales and high costs.
US
UK
US
UK
The company ran into financial problems when the exchange rate changed significantly.
US
UK
US
UK
"I'm afraid that I do not know, I will need to refer to my manager for that answer."
UK
US
UK
US
The management have been setting $500 a month aside for the staff party.
UK
US
UK
US
The CFO set out new regulations for payment processing.