VII. Translate the following sentences with modals

(see appendix – reference section)

1. To conduct his affairs efficiently and profitably the businessman must have

some knowledge of accounting.

2. Accounting is the language of finance which all business decision-makers must

understand.

3. The accountant is to determine the ways in which the business may grow in the

future.

4. On the face of American dollars one can see the portraits of famous persons.

5. Accountants have to prepare regularly the two types of records.

VIII. Match the verbs in A with the nouns in B

A B

to set up a commodity

to produce affairs

to earn information

to conduct the books

to audit a function

to communicate profit

to perform a business

IX. Make your own sentences using the following prompts:

Accounting information

To conduct the affairs

Accounting is the language

Public accounting

Private accounting

Governmental accounting

X. Answer to the following questions:

1. Why must businessmen have some knowledge of accounting?

2. What is accounting?

3. What does an accounting information system show?

4. Who needs financial information?

5. What are the major branches of accounting?

XI. Speak about:

Why I Want to Be an Accountant and Auditor.

Unit X

Borrowing and Lending