- •Министерство аграрной политики украины
- •Введение
- •Topic 1. An introduction to economics
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the international words and guess their meanings:
- •III. Are the following statements true or false?
- •IV. Fill in the gaps using the words given: Scarcity, income, interact, society, trends, management, economics, economy
- •V. Translate into English
- •VI. Answer the questions
- •Topic 2. The basic economic problem
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the words and guess their meanings:
- •III. Are the following statements true or false?
- •IV. Complete these sentences with the words in appropriate form and translate the sentences into Russian:
- •V. Translate into English:
- •VI. Answer some questions:
- •Topic 3. Factors of production
- •Comprehension check
- •I. Give Russian equivalents to the following:
- •II. Give English equivalents to the following:
- •III. Make sentences by adding a suitable beginning to the following:
- •IV. Agree or disagree with the following statements:
- •V. Fill in the gaps using the words given
- •VI. Translate into English
- •VII. Answer some questions:
- •Topic 4.
- •Types of business.
- •Types of business organization
- •What is business?
- •Starting a business
- •Types of business
- •Sole Trader
- •Partnership
- •Private Limited Company
- •Public Limited Company
- •The sole proprietor
- •Partnerships
- •Corporations
- •Companies and Organizations Background information about the organization.
- •Comprehension check
- •I. Give English equivalents to the following:
- •III. Complete the sentences using the proper forms of the verbs in the brackets:
- •IV. Translate into English:
- •V. Answer the questions:
- •Topic 5. Company structure
- •Study carefully the meaning of the following phrases and word combinations
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the words and guess their meanings:
- •Who is who?
- •III. Complete these sentences using the words from the list below and translate the sentences into Russian:
- •IV. Translate into English:
- •V. Answer some questions on the Text:
- •Topic 6. Accounting
- •Read and memorize the following words and word combinations:
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Give Russian equivalents to the following:
- •III. Read and translate the definitions of the basic accounting terms:
- •IV. Agree or disagree with the statements:
- •V. Fill in the gaps using the words given:
- •VI. Complete as in the text:
- •VII. Translate from Russian into English:
- •VIII. Answer some questions:
- •Topic 7. Financial statements
- •Vocabulary
- •Comprehension check
- •IV. For Russian terms in a column a find corresponding English definitions in column b.
- •V. Fill in the gaps using the words given:
- •VI. Are the following statements true or false?
- •VII. Complete the sentences referring to the information from the text.
- •VIII. Translate from Russian into English:
- •IX. Answer some questions:
- •Topic 8. Money and its functions
- •Vocabulary
- •Different kinds of money
- •Vocabulary
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the words and guess their meanings:
- •III. Read and translate the terms:
- •IV. Complete these sentences using the words from the list below and translate the sentences into Russian:
- •V. Are the following statements true or false?
- •VI. Translate into English:
- •VII. Answer some questions:
- •Topic 9. Banks and banking
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read and translate the definitions of the basic banking services terms: Banking services
- •III. Complete these sentences with appropriate words оr word combinations and translate the sentences into Russian:
- •IV. Complete the following sentences in any way you like.
- •V. Translate into English:
- •VI. Summarize the contents of the Text using these questions as an outline.
- •Topic 10. Banking system
- •Vocabulary
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read and translate the definitions of the basic banking terms:
- •III. Choose the necessary word and put it in the sentence:
- •IV. Translate into English:
- •V. Answer some questions:
- •Topic 11.
- •International banking and international economic institutions world bank
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the words and guess their meanings:
- •III. Are the following statements true or false?
- •IV. Fill in the gaps using the words given
- •V. Translate into English
- •International monetary fund (ifm)
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the words and guess their meanings:
- •III. Which of the following is true?
- •IV. Translate into English:
- •V. Answer some questions on the Text:
- •Topic 12. Monetary policy
- •Vocabulary
- •Comprehension check
- •I. Suggest the Russian equivalents:
- •II. Find in the text English equivalents for the following:
- •III. Fill in the gaps with the words and expressions from the text:
- •V. Translate into English using all the active possible
- •VI. Answer the questions:
- •Topic 13.
- •Import and export
- •Vocabulary
- •IV. Fill in the gaps using the words given
- •V. Read and translate into Russian:
- •Incoterms 2000
- •Incoterms
- •VI. Translate into English:
- •VII. Answer the questions:
- •Topic 14.
- •Insurance
- •Memorize the following words and word combinations:
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Substitute the proper English words from the list below for the Russian words in brackets.
- •III. Are the following statements true or false?
- •IV. The following sentences relate to various aspects of insurance. Choose the word which best fits each space.
- •V. Translate into English
- •VI. Answer some questions on the Text:
- •Topic 15.
- •International investing
- •Investors
- •Memorize the following words and word combinations:
- •Comprehension check
- •I. Give Russian equivalents to the following:
- •II. Complete sentences according to the information in the text.
- •III. Which explanation of economic terms is correct?
- •IV. Read and translate the definitions of the basic investment and securities terms:
- •V. Give Russian equivalents to the following:
- •VI. Choose the necessary word and put it in the sentence:
- •Interest
- •VII. Translate into English:
- •6.030509 «Учет и аудит», 6.030504 «Экономика предприятия»
- •98309 Г. Керчь, Орджоникидзе, 82.
V. Fill in the gaps using the words given:
sales
firm
expenses
payment
operations
income
revenues
shareholder
goodwill
inventory
intangible
cash
patents
current
buildings
funds
fixed
real
estate
allocation
A firm receives _____ for goods and services it provides to others. It also makes payments to employees, suppliers, and others who have contributed to its _____. A firm receives its _____ in payment from others over a period of time. They are mostly a flow of _____ from sales by the firm. Resources that a firm uses up in the pursuit of revenues are _____. Wages, rent, and utilities are commonly incurred business expenses. The income _____ is a useful tool. Anyone can tell at a glance what the _____ earned, what its main expenses were, and how earnings and expenses compared to _____.
Resource _____, the second function of corporate finance, is the investment of _____ with the intent of increasing _____ wealth over time. Two basic categories of investments are current assets and fixed assets. _____ assets include _____, _____, and accounts receivable. Examples of _____ assets are _____, _____ _____, and _____. In addition, the resource allocation function is concerned with _____ assets such as _____, _____, workers, and brand names.
VI. Are the following statements true or false?
The balance sheet of any company is made up of its assets plus any cash on hand.
The company’s debts are listed as liabilities.
A balance sheet is the summary of what the company owes and what it owns at a given point of time.
On the right the company lists everything it owns.
«Fixed assets» called property; plant and equipment are listed on the left side of the balance sheet.
The company’s liabilities are not always included in the balance sheet.
The company’s shareholders may look at the lists on both sides of the balance sheet to see what they really own.
Shareholders have no right to calculate the stockholders’ equity.
Accounting gives the shareholders a clear picture of the company’s financial position.
Profit and loss statement is the overview of a company’s day-to-day activities.
The profit of a company includes its expenses and revenues.
There are many ways to determine the depreciation of a company’s fixed assets.
Analysis of company’s cash flow helps to understand its activity.
VII. Complete the sentences referring to the information from the text.
A balance sheet is … .
A balance sheet is made up … .
The list of labeled assets includes … .
The company lists its liabilities … .
A book value shows … .
Owners’ equity is the difference between a firm’s …and its.
Profitability is the possibility and ability of a firm to produce … .
By … a company's liabilities from its assets, shareholders calculate the stockholders' equity
VIII. Translate from Russian into English:
Финансовая отчетность дает представление о финансовом положении и финансовых результатов деятельности организации.
Цель финансовой отчетности - представить информацию о финансовом положении организации, финансовых результатах ее деятельности и движении денежных средств.
Финансовая отчетность предоставляет информацию о следующих показателях:
активы
обязательства
капитал
доходы
расходы
Эти показатели являются элементами финансовой отчетности.
Финансовая отчетность состоит из следующих компонентов, каждый из которых раскрывает определенный вид информации:
баланс;
отчет о прибылях и убытках;
отчет об изменениях в собственном капитале;
отчет о движении денежных средств.
Бухгалтерский баланс содержит информацию о финансовом состоянии и результатах деятельности предприятия на определенный момент времени.
Бухгалтерский баланс отражает все операции, производимые в ходе хозяйственной деятельности предприятия.
Отчет о прибылях и убытках - финансовый отчет, в котором показаны доходы, расходы и прибыль предприятия за определенный период времени (обычно за год).
В отчете о движении денежных средств отражены потоки денежных средств, то есть фактические физические перемещения денежных средств в виде поступлений и платежей.
Отчет о нераспределенной прибыли объясняет изменения в чистой прибыли компании за отчетный период.
Активы — это все материальные ресурсы, имеющие денежную стоимость и находящиеся в распоряжении предприятия.
Активы подразделяются на материальные и нематериальные.
Пассивы — это финансовые обязательства предприятия. Они возникают при использовании кредитов или ссуд.
В зависимости от срока погашения различают краткосрочные и долгосрочные обязательства.