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