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38. Confusing words

Look at the words in italic in each of the following sentences and choose the correct one.

1. We’re setting all the prices for next year except / accept the new range which won’t be ready for another three months.

2. Can you remember / remind him to bring the comparative costs.

3. After the confusion over the bank transaction, they have agreed to waive / wave charges.

4. These two companies have been in collision / collusion with each other to fix prices.

5. We should use an alternative / alternate pricing structure to the one we use now.

6. We’ve had an officious / official letter to tell us about the changes in export regulations.

7. When deciding on new prices you mustn’t lose sight / site of market behaviour.

8. Once they have agreed the figures we can precede / proceed with the costing.

9. Please insure / ensure that only the most recent figures are included in the calculations.

10. When we are setting standards we allow 10% for deficient / defective goods.

11. There must be a mistake in the calculations somewhere. These figures are just not credible / creditable.

12. The cash budget must take seasonal / seasonable variations into consideration.

13. The consultant is being prosecuted / persecuted for tax evasion.

14. The management have now decided what measurements / measures to take to increase productivity.

39. Investment

The same word is missing in each of the following sets of three sentences. Choose from the box.

capital

earnings

forecasts

pay-back

return

1.

earnings

The estimated __________ potential is very important when you are choosing an investment project.

This project will yield __________ of £800,000 over five years.

The amount of money an employee receives, and the money generated from an investment project are both known as __________ .

2.

__________

They want to know the expected __________ on investment.

Some projects will be rejected because they do not yield a high rate of __________ .

The __________ on an investment is the profit you get from it.

3.

__________

The __________ expenditure in the canteen, sports centre and staff room will benefit the whole company.

In ten years we should be able to recover the __________ invested.

The total amount of money which is invested by the owners of a company is known as __________ .

4.

__________

What is the __________ period of this investment likely to be?

They’ll have to be prepared to wait longer for a __________ from this investment.

Recovering the costs of an investment is known as __________ .

5.

__________

__________ of future inflation rates have not been taken into consideration.

The actual economic life of the assets turned out to be longer than the original __________ .

Statements about what is expected in the future are __________ .