Английский язык. Практикум для студентов заочной формы обучения

10.Theincreasednumberofjobs,alongwithtechnologicalinnovations in transportation and housing construction, ___ migration to cities.

A) led B) resulted C) encouraged

11. The money earned for a week’s manual work is called ___. A) income B) borrowing C) wages

12. People might decide to go into debt to purchase expensive goods and services, or ___ money for such purchases over the long term.

A) keep B) save C) hold

13. If a person decides to go into debt, he or she should find most ___

14. How much money will I need to ___ aside to pay fixed or regular periodic expenses, such as rent, taxes, insurance, premiums, or loan

15. Money out into banks and other savings instructions is called ___. A) currency B) deposits C) debt

16.Afirm which is just starting up is ____.

A)going into business

B)is in business

C)going out of business

17.Acompany which sells goods in large quantities is called ___.

A) a wholesaler B) a retailer C) a wholesale distributor

18. Two or more companies which sell or manufacture the same

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20.An area where there is a demand for certain goods is called a ___. A) business B) market C) importation

21.Apartnership is ____.

A)a business formed for losses by two or more co-owners

B)a firm owned and operated by a single person

C)a business formed for profit by two or more co-owners

22.A“silent partner” is a co-owner ____.

A)who takes part in the management, but who does not invest

money

B)qualified in production

C)who does not take part in the management, but who invests money in the business

23.Federal taxes are paid by individual partners on their ___.

A)share of earnings

B)share of losses

C)share of income

24.Amajor disadvantage of the partnership is that ____.

A)each partner assumes definite rights and duties

B)decision-making is shared

C)each member is liable for all the debts of the partnership

25.Before starting to sell its product, a company often ____.

A)makes inquiries

B)places an order

C)does some market research

26.The Trade Fair is____.

A)market research

B)an exhibition of goods

C)after sales service

27.All different models made by a company make up its ____.

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28.Aplan to do a lot of advertising of one product is called ____. A) campaign B) press C) publicity

29. If one of the components of-the machinery breaks, the customer wants ____.

A) an order B) a spare part C) a catalogue

30.Abond is ___.

A)a written promise to pay a definite sum of money in a year

B)an oral promise to pay a specific amount of money at a certain date in the future

C)a written promise to pay a specific amount of money which allows to pay it either at a certain date in the future or periodically over the course of a loan

31.Investors who buy common stock can ___.

A)receive dividends

B)manage a company

C)vote for the board of directors

32.The corporations called “growth companies” usually ___.

A)reinvest the most of their profits in research and expansion

B)pay out the most of their profits in the form of dividends to their stockholders

C)assure their stockholders a small but steady dividend

33.Competitive barriers may ___ competitors’ responses to an innovative strategy.

34. Finding a sustainable competitive advantage requires special attention to competitor’s ___.

A)strengths and weaknesses

B)target market and marketing mix

C)trade publications and middlemen

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35. Right Guard did not quickly fight back against Old Spice because

___.

A)they didn’t have any new strategy

B)they didn’t need it as the company was an established leader.

C)Right Guard was afraid that it might even help the competitor

Вариант 2

Выберите правильное слово. Напишите букву А, В или С на листе для ответов.

1.Needs are ___.

A)reasons behind certain behavioral patterns В) what you learn during your life

C)the basic forces that motivate a person to do something

2.Wants ____.

A)involve a person’s physical well-being

B)involve the individual’s self view and relationship with others

C)are “needs” that are learned during a person’s life

3.Adrive is ____.

A)a purchase decision

B)a strong stimulus that encourages action to reduce a need

C)a “need” that is learned during a person’s life

4.Henry Ford is famous for ____.

A)manufacturing a car for the first time in the history of mankind

B)bringing the automobile to the common man

C)his marketing policy

5.“Fordismus” entered the European vocabulary as a word for ____.

A)internal combustion

B)assembly line

C)mass production

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6.Ford was able to lower the price of the ModelTby introducing ____.

A)a profit sharing plan

B)mass production assembly line techniques

C)Greenfield Village

7.Ford contributed more than $40 million to _____.

A)Greenfield Village

B)The DetroitAutomobile Company

C)Charitable causes

8.Financial statements are ____ in accounting.

A)an insignificant tool for analysing business activity

B)a perfect and realistic picture of a business

C)the most important means of communicating accounting information to users

9.Financial statements are used ____ about the business.

A)to show the accountant’s best effort to represent a real picture of a business

B)to communicate the required information to users

C)to provide the management with some data

10.Each of major financial statements ___.

A)deals with a particular aspect of position of a company.

B)shows a realistic and perfect picture of the financial position of a business.

C)does not communicate important accounting information.

11.The income statement is also called ___.

A)the cash flow statement

B)profit and loss account

C)a part of the balance sheet

12.The income statement ___.

A)shows the amount of revenues earned and expenses incurred by a business over a period of time

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B)does not indicate the changes in financial position relating to investments and financing activities

C)does not measure whether the business achieved or failed to perform its objectives

13.A good source of accounting information about a major public corporation is the ___.

A)company’s local office

B)company’s annual report

C)company’s product catalogue

14.A financial statement which shows the financial position of a business at a particular date is called ___.

A)the cash flow statement

B)the balance sheet

C)the income statement

15.A statement that gives an indication of cash movements during an accounting period is called ___.

A)the statement of financial position and is dated as of certain

date

B)a profit and loss account

C)the cash flow statement

16.The technique that shows essential relationships in financial statements to facilitate comparisons from period to period and among companies is called ___.

A)financial analysis

B)financial statements analysis

C)investments analysis

17.Financial statements analysis is useful ___.

A)when it is necessary to judge past performance

B)in making well-grounded managerial decisions

C)only in judging potential risks

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18.The analysis of current position makes it possible ___.

A)to judge past performance as well as future potential risks

B)to overestimate assets and liabilities

C)to decrease the company’s debts

19.As a rule, investments risks depend on ___.

A)the value of the investments (market price of the company’s

stock)

B)how easy it is to predict future profitability or liquidity

C)the trends of the past sales

20.Assets which may be realised in cash or sold during an operational cycle are called ___.

A)non-current assets

B)current assets

C)notes receivables

21.Temporary investments accounts, notes receivable and inventory are ___.

A)non-current assets

B)current assets

C)liabilities

22.Liabilities can be split into ___.

A)current and non-current

B.mortgages and long-term notes

C.temporary investments and inventories

23.As a rule, the balance sheet consists of ___. A) current and non-current assets

B) assets, liabilities and equity

C) paid-in capital and earned capital or retained earnings

24.Current liabilities are ___. A) accrued income and cash

B) bank overdraft and accrued expenses (taxes due and goods

supplied on credit)

C) debts of a business that fall due more than one year ahead

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25.Owner’s equity can be defined as ___.

A)assets and liabilities

B)the resources invested by the business

C)the sources of financing assets and operating activities

26.The main ___ of this company is that its total revenue is gradually decreasing.

A) deficit B) deficiency C) progress

27. Unlike creditors and investors management is the main ____ user

28. As is known, the income statement ___ the amount of revenues earned and expenses incurred over a period of time.

A) analyses B) summarises C) divides

29.Both external and internal users are interested in receiving reliable information from financial statements ___.

A)to communicate it to tax authorities

B)to make decisions

C)to conceal profits earned

30.Effective decision-making ___ the ability to sort out relevant information from numerous facts making adjustments for changing conditions.

A) makesitpossible B) suggests C) enables

31.There are a number of ___ in accounting which generally highlight important relationships in the financial statements.

A) models B) approaches C) techniques

32. In fact, the balance sheet shows what exactly a company owns. It includes ___.

A)only liabilities and equity

B)the sources of financing the assets of a company

C)assets, liabilities and equity

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PART 2. READING

Reading 1

Exercise 1. Прочитайте и переведите текст.

Education1

Education is the process of facilitating learning. Knowledge, skills, values, beliefs, and habits of a group of people are transferred to other people, through storytelling, discussion, teaching, training, or research. Education frequently takes place under the guidance of educators, but learners may also educate themselves in a process called autodidactic learning. Any experience that has a formative effect on the way one thinks, feels, or acts may be considered educational.

Education is commonly and formally divided into stages such as preschool, primary school, secondary school and then college, university or apprenticeship. The methodology of teaching is called pedagogy.

Arighttoeducationhasbeenrecognizedbysomegovernments.At the global level,Article 13 of the United Nations’1966 International Covenant on Economic, Social and Cultural Rights recognizes the right of everyone to an education.Although education is compulsory in most places up to a certain age, attendance at school often isn’t, and a minority of parents choose home-schooling, sometimes with the assistance of modern electronic educational technology (also called e-learning). Education can take place in formal or informal settings.

Highereducation,alsocalledtertiary,thirdstage,orpostsecondary education, is the non-compulsory educational level that follows the completion of a school such as a high school or secondary school. Tertiary education is normally taken to include undergraduate and postgraduate education, as well as vocational education and

1 Education // Wikipedia, the free encyclopedia. URL: https://en.wikipedia.org/ wiki/Education (дата обращения: 4.05.2016).

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