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GRILE A/F

MFC-CIG: Comunicare de afaceri in limba engleza 2-2008/2009

TRUE/FALSE

1) In a leasing contract, the person giving the lease is called the lessee or tenant and the

person to whom it is given is the lessor.

ANS: F

2) A practical alternative in collecting past due receivables is to use the services of a col-

lection agency.

ANS: T

3) In addition to personal information, a CV (resume) should include personal descrip-tions and a philosophical statement.

ANS: F

4) Cereals, precious metals and raw materials are traded on the stock exchange.

ANS: F

5) Financial accounting reports may provide information concerning future performance as

well as past performance.

ANS: F

6) Business Writing

Memos never use indented paragraphs.

ANS: T

7) Financial accounting is less constrained than the management accounting.

ANS: F

8) In a semiblock style (Modified block) business letter the complimentary close begins

slightly to the left of the center of the page. All lines of the signature are aligned withthe salutation line.

ANS: F

9) Memos omit both the salutation and the complimentary close.

ANS: T

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10) Accounting is the daily recording of financial information while bookkeeping is the

design and maintenance of the accounting system.

ANS: F

11) In accounting a gradual loss in the value of something, such as a vehicle, a machine

or any ASSET that wears out with use and age is called depreciation.

ANS: T

12) Stretching accounts payable is a cost-free method of financing a business.

ANS: T

13) A sole trader is a natural person.

ANS: T

14) The Board of Directors is appointed by the Managing Director (MD).

ANS: F

15) In a memo there is no salutation and complimentary close.

ANS: T

16) Business Writing

The term "memorandum" can be used instead of "memo".

ANS: T

17) In a semiblock style (Modified block) business letter the first line of each paragraph is

indented five to ten spaces.

ANS: T

18) Accounting terminology

In a cash flow statement expenses are entered as paid.

ANS: T

19) Gerund is frequently used in business writing to express a demand, requirement,

request or suggestion.

ANS: F

20) The Romanian equivalent for " Accounts receivable" is "conturi debitoare".

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ANS: T

21) Financial accountants are not responsible for the forecasting of the companys fu-

ture.

ANS: T

22) In an alphabetical filing system, all information is filed in ABC order.

ANS: T

23) The more information passes through your office, the less you need a logicalsystem for filing it.

ANS: F

24) A signed advertisement does not include the name of the firm placing the adver-tisement, but it is signed by the firms manager.

ANS: F

25) An insurance certificate is a proof that the goods are covered for risk of damageor loss during transit and is often asked for in the documentary credit

ANS: T

26) Chronological filing means to file documents by date

ANS: T

27) A deposit account is a bank account in which you usually leave money for a longtime and which pays you interest

ANS: T

28) Rent is what you pay to shareholders.

ANS: F

29) Creditors are people who owe you money.

ANS: F

30) Accounting terminology

Inventory is a synonym for stock.

ANS: T

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31) The opposite of a loss is a profit.

ANS: T

32) The average is the total amount of something.

ANS: F

33) An auditor is a person who keeps accounts.

ANS: F

34) Fixed assets is a synonym for tangible assets.

ANS: F

35) Pre/tax profits are the same as net profits.

ANS: F

36) Most often, when companies decide to place orders, they prefer to use special order

forms.

ANS: T

37) A reply to an orderis meant to acknowledge the receipt of the purchase order, expressthanks and assure the buyer the goods will be supplied in due time and proper conditions.

ANS: T

38) Letters of complaint

must to be accurate, clear and concise.

ANS: T

39) ALetter of orderis a companys reply to a claim and complaint letter.

ANS: F

40) A supplier must not reply to a customers letter of order.

ANS: F

41) The companies are not at all organised along product lines.

ANS: F

42) Your CV or resume is a concise statement of your background, education, skillsand experience.

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