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Correction of First Term English ExaminationMASTER I

GEHI/ÇRlrl!i{1-E

-+*lg.'æz "''

Y,trtr;."hÉ

04pts

Ccrreeti*aExercise ûl

1. TRUE? trA I qF,'

The manager may have the pû\toer to hire, tîre or promote the employees.

3. FALSE/Tirc insureei is tlte person wi:o r*c,sii,çs ihe pa;r,m*nt rir A:-r insitrer is tb* cai::pari}' (]r

person r»'ho promises to reimburse.

4. TRUE

Is being

I,!'+rks

Seems

l\rfr-nh

A IWYY

Many

1.,J.

-'

1

3.

Ererr:ise {12

1) .4.' Automated I T: Teller I M: Machine

2) An Initiai Investment

3i Âs:;eÉs Liaëiiities + {}'wr:Êr's Equity

4) Bank Card

Exercis+ G3

1.)À

4.

lv{ission

Bank Balancepr;iitie;:i ,lkiiisPoiicy

1:Tl

2-d3-a.t-u

Exercise 05

SæËaries I E*sâÊse= i Fi'+rkplace.=;' Legisi*êioe,/ Equ*Ë I Ircre*È* I tack/ Connected / Leave / Causes / Solution / Found

Exercise {16

Page !lI

TT[.â§TEË.I{;RH I i GT(H II I CL IFirst Term English ExaminationTime Allowed: th30

/^\/\,r'--\lfè 1j''-

.EgjÉr

V;x§ÿE*taa Llniversi*

Faculty of Economics, Trading and Management Sciences

Department of Economies

§x*rcise {}1: ...... /S4pts

Read. thefoilowins ftüements. If the statement Îs true, circle the word@. Iîthe statement isfalse,

circle the word@@. JusTIFy thefalse ones.

l. Smaài br:sirie=s l*an is an ffn,:uni *f rn*rre3' borr+-wed by * sr:iali busi::+ss pers'--i1t+ start 'fr r#ii a sraaii

business. TRUE / FALSE

a

3.

4.

A maaagei ma;u hav* the paraær t+ c::i,v hirc thl= eanplo-;,'ees. ?RÜE i F-4.LSE

The ilsu1ed is the company or person w-ho promises to reimbui'se. TRUE / BALSE

The main reason of accounting is to be able to produce financial statements. TRUE / FALSE

Exercise 02: ...... iil4pts

Answer the followîng questions :

li î* bæ:king, rvhat d*es "ÂTÏt'tr" stacrd ior?

A: ............. ...... T: .............'..... M:

2) The monev a trusiness owner needs to start up a firm { ltmay include the owner's own moneY or

m,Jfley iionc,-we,l fiam a l.'afiety *f c,ther §.'urees i is ealled:

What are the cgmponents of «The Basie Aecounting Equation" (or Balanee Sheet Equation)?I

Another way to say "Debit Card" is :

Exercise 03: ...... di2pts

Select the most appropriate wordfor the gaps:

i. Ia the ibn:rati,*n af the businsss pciiey-, tiie ... .... +f tiie business is tire n:cst

obvious purpose.

s. Objective

Th,* .. .......is th* amcunl af m':nc,v in a ba*i< ac{outit'

a. Bank Statement b. Bank Balance

ln management, .. skills a-re used to build a power base and to establish

r.e;r::rer:tiçris.

t. Technical Skills b. Political Skills c. Conceptual Skills

c. Transaetic*4. In insulance. the insurance ' is a contract'

3)

4)

nA.

3.

c. \.4ission

c. Bank Card

b. Visian

â. 'Doiic.v

b. Pre.miriie

Pagell2

Exercise 04: ... ... /04pts

TvEatcfu eeck stalemcnt wiîÉe its eoffesp*rcd*eg §eJi*itÊon:

1. Business Policy. a' Refers to the coordinated plan of action ittakes ancl resourses it uses to realize its

visioil and lcng:term oblectives'

Is a guide that provides rules, regulations

and cbjcetives, anC ma-v bc r-rsed in thc

ma:ragers' decisicn-*raliing.

Is a statement that tells how much money

rn'as qaade ar !+st ia a givea time peiirid"

Is a statemeni that tells how much money

that was made was reinvested into the

üaimpa1}y.

...... /03pts

Fîtt itt îhe *lastks i;t t** pærægrxpls btlo*ë.wïth *rz* *f tke fall*wirag *Bpt**rïg,tgw*rds:

A report has reveaied that men are paid iügher . . . . "and receive bigger " " "than

women. The gender pay gâp stiil exists in companies and . "...'in many countries,

despite. .... to ensure ......pai"

What are the causes? Some people believe that women are more hesitant in asking for a

pay. . . . ". " Clthers suggest a varieiy *f reason*" s,iiÇii as. . ' . --ci arnbitit:c, pt:r--:r rt>Ie

models or problems.... .. ... ....with matemiÿ. .....and time off for child care.

\yhatever tirt:. .. . . th:.s raoCera-da;,. prabiem üontinu*s ta +xi:-i aaC a, ' . ..-net-:is

[xercise 06: ...... /03pts

,.4. Fitt the gæps "tcith îhe eorrect form af the verb. (Present Sinapëe or Present {ontinætus}

2. S',atement of Retained Earnings.

3. Br:=iness Strateg,v.

4" Iner,ere Stai+meat.

b.

d.

l. Our client

2. Ir{1t fatirer

ôe) very stubborn at the moment.

{.-.,;or4 icr;\pple Inc. tirat designs, ievelops, and selis ccilstrüief

electronics, computer software, and online services'

3. The buisiness card=-. design

something more creative.

{iseem.i gci-rd. Hûrr.'Êvero try îa eame uç ---vitl:

?- ii| " ttt Êit h " r " É?{1:?ÊY ", "ü ïi.ltie" tir ttË îe-'4"" intc tlces* sealeæce:s,

1. Lily doesn't earn money.

2. Could I make

3. Therc ar..e too

suggestions conce.rning the design of the packaging?

won1eil in the economics profession.

€uud {neé

TNCREASE BONUSES LACK PAY LEAVE $/ORKPLACES SALARIES SENIOR

C,A.USES EQUAL FOLIND CONNECTED LEGISLATION SOLUTION

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