Task no 1
Page 56-57
1. They must first spend money.
2. Revenues from sales of the firm’s products.
3. Financial manager are the one who keep track of how money flowing into and out of the firm.
4. Decide how the available funds will be used, how much money is needed, and where to get it.
5. Financial management is the art and science of managing a firm’s money so it can meet the goals.
6. Collect and present financial data.
7. Financial manager use financial statement prepared by accountants.
8. Analyze financial data prepared by accountants, and prepare and implement financial plans.
9. Coordinate information from such areas as marketing and production to develop and carry out financial strategies.
10. Handheld by either the accounting department or one or two people.
11. Financial planning, investment, and financing.
12. Budget are a way to control expenses and compare the actual performance to the forecast.
13. To plan and control their future financial activities.
14. Cash budget, capital budget, and operating budget.
Task 2 paragraph 3 and 3
Financial management is closely related to accounting. In most firm both areas
are the responsibility of the vice president of finance of the chief of finance officer. But,
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accountant’s main function is to collect and present financial data. Financial managers
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use financial statement prepared by accountants to make financial decisions. Financial
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managers focus on cash flow and outflow of cash.
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Finance is a central activity in every firm. Financial managers have a complex and
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challenging job. They analyze financial data prepared by accountants and prepare and
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implement financial plans. The chief financial officers (CFO) and their staffs coordinate
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information from such as marketing and production to develop and carry out financial
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strategies. In a small firm, the finance function may be handled by either the accounting
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department or one or two people. The finance department oversees day-to-day financial
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operations. The key activities of the financial managers are financial planning,
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investment, and financing.
Task no 3
Page 69
1. So many people are waiting outside
2. The office next door was closed all day yesterday
3. The print on the labels is so small
4. The carpet has so many stains on it that it need to be replaced
5. The Trade Union members meeting are downstairs in the Conference Room
6. Mr. And Mrs.
7. Two cars and a coach were involved in the motorway accident
8. His application form for the new job, which was posted yesterday, was posted yesterday, has gone missing
9. My neighbour plays his music so loud that the walls almost vibrates
10. Ricardo does not care whether United or City is winning
11. The bouquet of flowers have just arrive
12. He makes use of the computer now, and even writes reports for the manager with it
