To show managers whether a business made or lost money over a specific period

46. Match the accounting document with the best description: Balance sheet

to provide a snapshot of a business’s value at a particular point in time, showing what it has and what it owes

47. Match the accounting document with the best description: Cash flow statement

To indicate inflow and outflow of money over a specific period, in particular to make sure it does not run out

48. Match a term to the definition: A leading or important position.

Forefront

49. Match a term to the definition: Someone who commits the crime of fraud.

Fraudster

50. Match a term to the definition: A person responsible for deciding on a set of plans or actions for a government, political party, business or other group.

Policy-maker

51. Match a term to the definition: An illegal system in which criminals threaten to harm you or your property if you do not give them money.

Protection racket

52. Match a term to the definition: The use of illegal methods to pay less tax or do not pay tax at all.

Tax evasion

53. Match a term to the definition: Working or done secretly in order to catch criminals, get secret information, etc.

Undercover

54. Match a term to the definition: Crimes in which people who work in offices steal money from the company they work for.

White-collar crime

55. Match the description with an accounting document: All funds going out of a business in a specific period are known as ____.

Cash payments

56. Match the description with an accounting document: The amount of profit after general running costs are deducted is known as ­­­______.

Operating profit

57. Match the description with an accounting document: Business often have money in the bank or money owed to them, known as ­­______.

Current assets

58. Match the description with an accounting document: The total income from all of a business’s normal trading activity is known as ______.

Liabilities

60. Match the description with an accounting document: Some things that a business owns cannot be turned easily into cash.

Fixed assets

61. Match the description with an accounting document: The difference between what a business owns and what it owes are its net assets, which are equal to the _________.

owners’ equity

62. Choose a phrase according to the function of asking for clarification.

Could you be more precise?

63. Choose a phrase according to the function of checking other people understand.

Do you see what I mean?

64. Choose a phrase according to the function of reformulating to check you understand.

So, what you are saying is …

65. Choose a phrase according to the function of explaining your point more clearly.

What I mean is that I …

66. Choose a phrase according to the function of summarizing.

Can we go over what we’ve decided?

67. Complete the text with a, an, the. Any, no article: The office is on ______ Via Milano in the centre of the city

No article

68) Complete the text with a, an, the. Any, no article: It’s just 20 minutes from the hotel on foot, but you can catch ____ taxi in front of the Unicredit Bank

a

69) Complete the text with a, an, the. Any, no article: When you get to the office ____ person to ask for is Sergio Rossi

The

70) Complete the text with a, an, the. Any, no article: The plan is support ____ number of client in the user-accepting test phase on the latest you delivered

a

71) Complete the text with a, an, the. Any, no article: In the afternoon, you will be working with Mario Dinardo who is ______ analyst

An

72) Complete the text with a, an, the. Any, no article: He is collating _____ new requirements to complete the final phase of the project

The

73) Complete the text with a, an, the. Any, no article: Don’t forget to keep the evening free for ____ beer with me later

a

74) Match the collocation to its definition: interest-free loan