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Budgets represent one of the most important tools that a financial department has at their disposal. This unit discusses budgets and related vocabulary.
Budgets represent one of the most important tools that a financial department has at their disposal. This unit discusses budgets and related vocabulary.

Now Studying: Budgets

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Core Training Activities

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Multiple Choice Activity

Students will be able to select the best match between unit terms and their definitions.

Multiple Choice activity
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Listening Comprehension Activity

Students will be able to listen to short audio clips in English and then spell them correctly.

Listening Activity
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Spelling and Recognition

Students will be able to identify and spell a vocabulary term correctly given only the definition.

Spelling Activity
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Vocabulary Builder Activity

Students will learn the following key terms and phrases:

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
Vocabulary list
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Reading Activity: Budgets

Improve your reading comprehension and vocabulary in context with our interactive reader.

Nobody likes the word 'budget' , but the truth is that without accurate budgeting and planning business could not exist. This is even more true in financial departments, such as accounting. Budgets can represent one of the most important tools that a financial department has at their disposal, providing they are prepared in a realistic manner covering all areas of the business without errors of …
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Reading Comprehension Activity
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Reading Comprehension Quiz

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Reading Comprehension

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Speaking Practice Activity

Master your pronunciation by recording yourself and receiving feedback from native-speaking teachers.

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The CFO set out new regulations for payment processing.
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The management have been setting $500 a month aside for the staff party.
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I'm afraid that I do not know, I will need to refer to my manager for that answer.
... and more sentences to practice.
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Writing Practice Activity

Improve your writing skills with guided essay questions and professional correction.

  • Do you agree that budgets are 'one of the most valuable tools for accountants'? Why? not?
  • Can you give any examples of how budgets are used to control costs?
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Writing Activity
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