Finance and accounting Flashcards

-suport curs an2sem1- (58 cards)

1
Q

1 Which of these can give you information about the performance of a company?
The share price, the annual report, newspapers or magazines?

Which information is the easiest to
find?

Which information do you think is the most accurate?

A

Which of these can give you information about the performance of a company?

The share price, annual report, and newspapers or magazines can all provide information about a company’s performance.

The annual report gives detailed and official financial and operational data.

The share price reflects how investors value the company in the stock market.

Newspapers and magazines provide news, analysis, and opinions.

Which information is the easiest to find?

The share price is usually the easiest and quickest to find, as it’s widely available online, on financial websites, and apps in real time.

Which information do you think is the most accurate?

The annual report is generally the most accurate and reliable because it is a formal, audited document published by the company itself, following accounting standards.

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2
Q

to plummet

A

a se prabusi/ a scadea brusc

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3
Q

to soar

A

a creste rapid/a urca vertiginos

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4
Q

to plunge

A

a se prabusi/ a scadea brusc-sugereaza o scadere dramatica, o cadere in picaj mai intensa

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5
Q

to decrease

A

Sales decreased slightly in the second quarter compared to the first

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6
Q

to go up- a creste

A

The demand for electric cars continues to go up steadily.

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7
Q

to plunge

A

Oil prices plunged due to an unexpected surplus in supply.

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8
Q

to go down- a scadea

A

Customer complaints went down after the company improved its service.

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9
Q

to bottom out:

A

When a trend or value reaches its lowest point and stops falling, before possibly rising again.
Example: After months of decline, the housing market finally bottomed out.

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10
Q

to level off or remain stable:

A

When a trend or value stops changing significantly and stays steady.

Example: After a rapid rise, inflation leveled off in the last quarter.

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11
Q

steady

A

constant

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12
Q

to offset

A

a compensa, a echilibra

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13
Q

to grip(got to grips with)

A

to understand and deal with something difficult

ex: She quickly got to grips with the new software

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14
Q

staggered on

A

struggle/have difficulty making progress

ex: Tax collectors staggered on for thousands of years = they struggled or found it difficult.

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15
Q

contrived

A

artificial, forced, not natural, complicated

Example: The solution is contrived = it’s complicated and not simple or natural.

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16
Q

keeping a record

A

-

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17
Q

… some respects

A

in

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18
Q

… virtue of

A

by

She got the job by virtue of her experience.
👉 A obținut jobul datorită experienței ei.

datorita, prin faptul ca, in virtutea

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19
Q

a claim … the value of the contents

A

on

🔹 Sugerează că ai un drept asupra acelei valori (nu doar că ceri bani, ci că ai o revendicare juridică asupra lor)
🟢 Exemplu:

The insurance company has a claim on the value of the property.
(Compania de asigurări are un drept/revendicare asupra valorii proprietății.)

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20
Q

in some respects

A

in certain ways, in some aspects

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21
Q

assortment

A

-sortiment(grup variat de lucruri)

Definition: A collection or variety of different things grouped together.

Example: The store had an assortment of fruits on display.

Difference: Refers to a group of items, not related to work or duties.

Romanian: sortiment, selecție (un grup variat de lucruri)

+ Nu se referă la o sarcină de lucru, ci la o colecție de obiecte.

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22
Q

task

A

-sarcina mica, specifica

Definition: A piece of work to be done, usually specific and often small.

Example: She completed the task of sorting the invoices quickly.

Difference: General term for work, can be formal or informal.

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23
Q

assignment

A

-misiune, insarcinare(o sarcina oficiala)
-munca delegata in mod formal

Definition: A specific job or duty given to someone, often formal.

Example: The auditor’s assignment was to verify the bank statements.

Difference: Formal job or duty, delegat oficial.

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23
Q

responsibility

A

-responsabilitate, obligatie de a face ceva

Definition: A duty or obligation to do something or take care of something.

Example: It’s his responsibility to check the accuracy of the reports.

Difference: Mai general, implică obligație permanentă.

24
pretends
a pretinde
25
assumes
a presupune
26
assures
-a asigura, a garanta(a confirma cu certitudine) + ofera garantie sau liniste Definition: To promise or tell confidently that something is true. Example: The manager assures clients their data is safe. Difference: Promisiune sau garanție.
27
to insure
-a asigura(in sens financiar, a proteja prin asigurare) -+ legat de polite de asigurare Definition: To provide financial protection against loss. Example: The company insures its assets against fire. Difference: Protecție financiară, nu acceptare de idei.
28
entertainment
divertisment
29
estate
-mosie, proprietate(teren/cladiri) !proprietati, nu entitati comerciale Definition: Property such as land or buildings owned by someone. Example: He inherited a large estate. Difference: Proprietate fizică, nu o companie.
30
real estate
imobiliare Se referă la piața sau domeniul de terenuri și clădiri — vânzarea, cumpărarea, închirierea lor. De exemplu, agenții imobiliari (real estate agents) vând sau cumpără apartamente, case, terenuri. Deci „real estate” se referă la proprietăți imobiliare ca bunuri, nu la o companie anume.
31
commercial entity
o companie, firma, afacere care desfasoara activitati economice sau comerciale
32
enterprise
intreprindere, afacere(companie sau proiect) Definition: A business or company, often formal or large scale. Example: The new tech enterprise launched an app. Difference: Afacere, poate fi un proiect mare. Romanian: întreprindere, afacere (companie sau proiect) + Termen formal pentru afaceri.
33
firm
business, firma, societate
34
effective
eficient, eficace(care da rezultate) -se concentreaza pe rezultate
35
proficient
competent, skilled Definition: Skilled or competent at something. Example: She is proficient in analysis. Difference: Descrie abilitatea unei persoane, nu a unui sistem. Romanian: priceput, competent (stăpân pe o abilitate)
36
affective
afectiv, emotional ex: affective response = raspuns emotional Definition: Related to emotions or feelings. Example: His choice was affective, based on feelings. Difference: Legat de emoții, nu de eficiență. Romanian: afectiv, emoțional (legat de sentimente) + Nu e folosit în contexte tehnice.
37
productive
productiv(care produce, cantitate)
38
take an undertaking
-angajament, responsabilitate mare Definition: A task or project agreed to be done. Example: The company took an undertaking to improve systems. Difference: Un proiect mare sau responsabilitate. Romanian: angajament, sarcină importantă + Poate implica responsabilitate mare.
39
undergoing
-a trece prin Definition: Experiencing a process or change. Example: The company is undergoing restructuring. Difference: A trece printr-un proces. Romanian: a suferi, a trece prin (a experimenta ceva) + Se referă la o schimbare sau proces.
39
basing on
bazandu-se pe Definition: Using as foundation or starting point. Example: The auditor acted basing on financial data. Difference: Se referă la fundament. Romanian: bazându-se pe (folosind ca fundament) + Nu este un substantiv, ci o expresie.
40
underlying
-fundamental, de baza Definition: Fundamental or basic, often hidden. Example: The underlying cause was poor management. Difference: Fundament ascuns, cauza rădăcină. Romanian: fundamental, de bază + Se referă la cauze sau principii.
41
consequently
prin urmare, drept rezultat
42
considerably
considerabil
43
consistently
constant, in mod consecvent
44
consecutively
consecutiv, unul dupa altul Example: Won three games consecutively.
45
first-hand knowledge
Definition: Knowledge gained through direct experience. Example: She has first-hand knowledge of the auditing process because she worked as an intern. Romanian: cunoștințe din experiență directă, personală. ✅ Se referă la ceva ce ai trăit/experimentat tu personal, nu ai auzit de la alții.
46
efficiency vs. effectiveness
Efficiency: Definition: Doing something in a way that uses the least resources (timp, bani, efort). Romanian: eficiență. Example: A more efficient process takes less time. Effectiveness: Definition: Doing the right thing; achieving your goal. Romanian: eficacitate. Example: The method was effective because it solved the problem. 🟩 Diferență: Efficient = cum faci ceva (cu resurse puține). Effective = dacă acel ceva chiar funcționează.
47
getting-acquainted phase
faza de acomodare
48
preliminaries
activitati preliminare
49
operating
functioning
50
to undergo tests
Definition: To be the subject of tests. Romanian: a fi supus testelor. Example: The software must undergo several tests.
51
retrace
Definition: To go back through the same steps. Romanian: a reface pașii. Example: He retraced the transactions to verify the data.
52
reconciling
Definition: To make two sets of data agree or match. Romanian: a corela / a reconcilia datele (ex. conturi). Example: Reconciling the receipts with the bank statement.
53
to corroborate
a confirma
54
Modal verbs change in indirect speech: may can must have to will shall
may - might can - could must - had to / was, were to have to - had to will - would shall - should
55
to inquire
to question, ask
56
Share price
Prețul unei singure acțiuni emise de o companie pe piața bursieră. 💬 Exemplu: „The share price of Tesla is $180 today.” (Prețul acțiunii Tesla este 180 de dolari azi.)