TEST 5

1.

bank statement n

a. the advantages that a bigger factory, shop etc has over a smaller

2.

clock in/on phr v

one because it can spread its fixed costs over a larger number of

3.

disclosure n

units and thus produce or sell things more cheaply

4.

economies of scale n

b. the tired and confused feeling you can get after flying a very

5.

flexitime BrE n also flextime

long distance

6.

have an edge over

c. someone whose job involves dealing with information, rather

7.

integrity n

than making things

8.

jet lag n

d. in foreign trade, a written promise by an importer's bank to pay

9.

knowledge worker n

the exporter's bank on a particular date or after a particular event,

10. letter of credit n

for example when the goods are sent by the exporter

11. merchandise n

e. goods that are produced in order to be sold, especially goods that

12. retail outlet n

are sold in a store

13. sales promotion n

f. information sent regularly by a bank to a customer, showing the

14. sleeping partner n

money that has gone into and out of their account over a

15. swindle v

particular period

g. a system in which people who work in a company do a fixed

number of hours each week, but can choose what time they start

or finish work within certain limits

h. a fact which is made known after being kept secret

i. to record on a special card or computer the time you arrive at or

begin work

j. complete honesty

k. a partner who invests in a business but does not take an achieve

part in managing it

l. a shop through which products are sold to the public

m.to get money from someone dishonestly by deceiving them

n. an activity such as special advertisements or free gifts intended

to sell a product or service

o. to have a slight advantage over your competitors

Frank:

Can I speak to Mary, please?

Mary:

Mary speaking.

Frank:

Frank here. Where ……..…… you 1 ….…….… (be), Mary? I 2 …….…… (try) to get

on to you for the last three hours …………you 3 …..…….. (not / leave) your office at

7.00?

Mary:

Yes, I 4 ……….…., but today I 5 …………. (go shopping) and only just 6 …………

(get) in. It’s nice to hear your voice, Frank. I haven’t known you 7 ………… (be) in

Washington.

Frank:

I only 8 ………… (arrive) this afternoon. I would have rung you before but I had been

terribly …………busy all day covering a conference. It only just 9 …………. (end)

………….you 10 ………. (do) anything tonight, Mary?

Mary:

Yes, I 11 …………. (go) to the pictures.

Frank:

But that’s terrible! I’m only here for one night!

Mary:

I 12 ………… (be) sorry, Frank. If you had told me you were coming up, I would have

kept the ……….evening free. But you 13 ………. (not / tell) me.

Frank:

I 14 …………. (not / know) myself till this morning when the boss suddenly 15

…………. (dash) ………….into the office and 16 ………….(tell) me to rush up here to

cover the conference.

Mary:

I thought Jack usually 17 …………. (do) the conferences.

Frank:

Yes, he 18 …………. (do) but when he 19 …………. (drive) up here last night he 20

…………. (have) an accident and 21 …………. (take) to hospital.