Chapter 7 - exam 04.05

Question 1

depreciation

Answer 1

when sth loses value

Question 2

payroll

Answer 2

a list of the people employed by the company showing how much each one earns

Question 3

accounts payable

Answer 3

a record of how much money a company owes other people or companies fro goods and services

Question 4

assets

Answer 4

sth valuable belonging to a person or organization which can be used for the payment of debts

Question 5

pellet

Answer 5

a small hard ball or tube- shaped peice of any substance

Question 6

to spiral

Answer 6

to continously become worse,more or less

Question 7

knock-on -effect

Answer 7

the indirect effect of sth

Question 8

snapshot

Question 9

cash payments

Answer 9

all funds going out of a business in a specific period are known as

Question 10

net sales

Answer 10

the total income from all of business’s normal trading activity

Question 11

net assets

Answer 11

the difference between what a business owns and what it owes,equal to owners equity

Question 12

compel

Question 13

cause+ expression + effect

Answer 13

led to / brought about / resulted in / gave rise to

Question 14

effect + expression+ cause

Answer 14

stemmed from / arose from / was due to / resulted from / originated in

Question 15

expression + cause + effect

Answer 15

due to / on account of / owning to / because of / as a result of

Question 17

Bribery

Answer 17

The crime of giving money or ptesents to someone so that they will help you by doing somehing dishonest or illegal

Question 18

The forefront

Answer 18

Noun a leading or important position

Question 19

Fraudster

Answer 19

Someone who commits the crime of fraud (=obtaining money from someone by tracking them)

Question 20

Litigation

Answer 20

Use of the legal system to settle a disagreement

Question 21

Makeover

Answer 21

A set of changes that make a person or thing look better

Question 22

Net worth

Answer 22

Phrase the value of all your property possessions and money after you remove what you owe

Question 23

Notorious

Answer 23

Adjective famous for something bad

Question 24

Pivotal

Answer 24

Adjective extremely important and affecting how sth develops

Question 25

Policy maker

Answer 25

A person responsible for deciding on a set of plans or actions for a government, political party business ar other group

Question 26

Protection racket

Answer 26

An illegal system in which criminals threaten to harm you or your property if you do not givr them money

Question 27

Scam

Answer 27

A dishonest plan, especially for getting money

Question 28

Tax evasion

Answer 28

The use of illegal methods to pay less tax or no tax at all

Question 29

Undercover

Answer 29

Adjective working or done secretly in order to catch criminals get secret information etc.

Question 30

White collar crime

Answer 30

Crimes in which people who work in offices steal money from the company they eork for

Question 31

Admin

Answer 31

The administration of a company orgnaization etc.

Question 32

Misery

Answer 32

The state of being extremely unhappy or uncomfortable

Question 33

Notably

Answer 33

Used for introducing a good example of sth

Question 34

Stem from

Answer 34

To be caused by something

Question 35

Tweak

Answer 35

To make small changes in order to improve sth

Question 36

Iron out

Answer 36

To deal successfuly with a disagreement or problrm, esp. by removing the last remaining difficulties

Question 37

Take stock of sth

Answer 37

to review your position

Question 38

AOB

Question 39

iron out

Answer 39

to deal successfully with disagreement or problem, especially by removing the last remaining difficulties

Question 40

starving

Answer 40

very hungry

Question 41

chair

Answer 41

the person who is in charge of a meeting committee or company

Question 42

open-plan office

Answer 42

an office with few wallls and a lot of space

Question 43

partition

Answer 43

a wall,screen ore piece of glass used to separate one from another in a room or vehicle

Question 44

venue

Answer 44

the place where an activity or event happens

Question 45

chasing letter

Answer 45

a reminder to pay an outstanding invoice

Question 46

dent

Answer 46

a place whre the surface has be damaged

Question 47

embezzle

Answer 47

to steal money that people trust you to look after as a part of your work

Question 48

evasive

Answer 48

not talking or answering questions in an honest way

Question 49

petty cash

Answer 49

a small amount of money in coins or notes that an organization or company keeps available to pay for small things

Question 50

reprimand

Answer 50

to tell someone officially and in a serious way that something they have done is wrong

Question 51

scratch

Answer 51

a thin mark on a surface

Question 52

sickie

Answer 52

a day when you say you are ill because you do not want to go to work

Question 53

suspension

Answer 53

a punishment in which someone is removed from a team, job or school, for a short time