Exercises. 1* Translate the following word combinations or find Russian equivalents

1* Translate the following word combinations or find Russian equivalents.

1. day-to-day expenditure

2. to increase efficiency

3. internal finance

4. external finance

5. in return for an agreed rental

6. Financial Accountant

7. Management Accountant

8. Financial Analyst

9. up-to-date financial information

10. business activity

2*Translate the following sentences into Russian.

1. The most fundamental objective of all businesses is sur­vival.

2. To remain competitive the company should maintain and increase efficiency.

3. The most important factor in deciding the method of obtaining the finance is the reason the finance is required.

4. In order to meet current commitments the cash flow needs to be carefully monitored.

5. Sources of funds and application of funds are closely related.

6. Internal finance can be obtained from the profits of the previous trading activities.

3*Fill the gaps in the sentences below with the words and expressions from the box. There are two expressions, which you don't need to use.

economies of scale, internal finance, increase efficiency, extending ownership, financial accounts, current income, budgeting, day-to-day expenditure, encounter problems, diversify its product range, external finance, cash flow

1. The management of the business's income and expen­diture is known as the___________of the business.

2. The current expenditure is normally financed from ___________, that is from the money generated from the sale of the business's goods or services.

3. Growth allows the firm to __________________________ and open up new markets.

4. With growth come the benefits of_________________ and a more secure position in the market.

5. A business, which does not develop and grow, will_________________in maintaining its market share.

6. The money that a business generates from its own assets is known as_______________

7. The money received from the injection of funds from outside the business is known as_________________.

8. Attracting people outside the business who are pre­pared to invest money in its future is______________.

9. Financial Accountants are responsible for preparing the ________________________ of the business.

10. Management Accountants are responsible for___________________the business.

4 * Find English equivalents for the following Russian expressions and words:

1. текущий доход

2. текущий расход

3. краткосрочные цели

4. основной капитал

5. использование денежных средств

6. денежные ресурсы

7. торговая деятельность

8. повторное инвестирование

9. капиталовложения

10.заем,ссуда

5* Translate the following sentences from Russian into English.

1. Сбор, изложение и оценка финансовой информации являются основными задачами финансового отдела.

2. Финансовые аналитики консультируют по вопро­сам о целесообразности новых инвестиционных про­ектов.

3. Выживание компании и ее рост и развитие тесно

связаны.

4. Повторное инвестирование является очень важным финансовым источником капиталовложения.

5. Финансовые решения зависят как от источников капитала, так и от использования денежных средств.

6. Все фирмы занимают деньги, для того чтобы финан­сировать свою коммерческую деятельность.

Unit 2. LISTENING

PLANNING A NEW BUSINESS

5* Before you listen to Dialogue No 1 use Glossary to match the words below with their definitions.

1. external finance

2. internal finance

3. to take charge over property

4. to exploit

5. short-term loan

6. share capital

7. collateral / security

8. leaseback

9. interest

10. to create

11. reserves

12. to raise money

a. value of the assets of a compa­ny held as shares

b. an amount of money kept for future use

c. an agreement in which you continue to use your property after you sell it, while making regular payments to the new owner

d. to make something exist that did not exist before

e. money that a person or institu­tion such as a bank charges you for lending you money

f. money, provided to run a busi­ness that comes from within the firm

g. an amount of money that you borrow from a bank for a short period of time

h. money, provided to run a busi­ness that comes from outside the firm

i. i. to borrow from a bank, get a loan for some purpose

j. something such as property or other goods used to provide a guarantee for a loan

k. to obtain a legal document by a lender confirming the owner­ship of the property if the bor­rower becomes bankrupt

l. to use something to make a profit