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Final Exam 2019 A Variation
Final Exam 2019 A Variation
Variation-1
04/June/2020
Mark: 75 points………………………………………………………………………………………...
Duration: 90 min
Approved by: Head of the FLD ________________ Gantsetseg. S /Doctor (Ph.D), Associate Professor/
ENGLISH GRAMMAR
VOCABULARY
1. You can say something increased using words and phrases such as; _______.
a) rose dramatically, skyrocketed, peaked and went up
b) increased, plummeted, went up
c) declined, skyrocketed, grew, rose
2. _______ carries fees for returned checks.
a) Premium checking
b) Special checking
c) Basic checking
3. Operating margin minus taxes is_______.
a) gross margin
b) net margin
c) net income
4. There are many types of loans with varying _______.
a) terms
b) types
c) loans
5. Land is a/an _______ asset.
a) intangible
b) tangible
c) current
6. _______ is cash moving out of a company.
a) Inflow
b) Outflow
c) Flow
7. Cash flow statements only record transactions _______.
a) on credit
b) in cash
c) on cash
8. A business with multiple owners is _______.
a) a sole proprietorship
b) partnership
c) a and b
9. _______ is responsible for recording all transactions.
a) A teller
b) A bank manager
c) A loan expert
10. The financial statement that reports the portion of change in owner's equity resulting from revenues and
expenses during a specified time interval is the _______.
a) expense statements
b) cash flow statements
c) balance sheets
11. The petty cash fund is reserved _______small expenditures.
a) for
b) by
c) on
12. Depreciation is decrease _______an asset’s value due to age or use.
a) off
b) in
c) of
13. A cash budget is necessary _______small businesses.
a) to
b) at
c) for
14. A teller is responsible _______supervising a bank department.
a) from
b) for
c) on
15. Tax form is a document that people and corporations are required _______turn in to the government’s taxation
agency.
a) to
b) for
c) -
16. To fluctuate is to change _______.
a) frequency
b) frequently
c) frequent
17. Office rent, taxes and other _______expenses are included in fixed costs.
a) administrative
b) administration
c) administerial
18. He's a tax account-_______.
a) -ing
b) -ant
c) -er
19. The company has plans for expan-_______.
a) -sion
b) -ity
c) -ness
20. Dividing money between stocks and bonds is called asset_______.
a) allocative
b) allocate
c) allocation
TRANSLATION
WRITING A LETTER
1. Complete the letter by filling the gaps with a word from the box below. /Mark: 10*0.5=5 points, 10 min/
[[2] ________express my interest for the [[3]] ________ of Accountant in your esteemed company.
Having recently obtained my bachelor’s degree in Business Administration majoring in Accountant in Finance
University of the Philippines, I wish to bring my knowledge, skills and commitment to excellence to your company’s
innovative environment.
As a Business Administration student, I’ve become equipped with the necessary [[4]] ________ that come with the
position including preparing financial statements, creation of business plans, as well as legal provisions.
[[5]] ________ at San Miguel Corporation also afforded me with the crucial experience to work with some of the best
professionals [[6]] ________.
For additional details regarding my qualification and expertise, please [[7]] ________ my attached resume.
Thank you for taking the time to [[8]] ________ this application and [[9]] ________hearing from you.
[[10]] ________,
(signature)
Jessica Cruise
2. Complete the letter by filling the gaps with a word from the box below. /Mark: 10*0.5=5 points, 10 min/
a) Sirs, b) operate, c) please send, d) would find, e) Sandra Jones, f) for our goods, g) manufacture,
We have learned from Smith and Company of Birmingham that you [[3]] __________ a range of high-fashion
handbags in a variety of leathers.
We [[4]] __________ a quality retail business and although our sales volume is not large, we obtain high prices [[5]]
__________.
Would you [[6]] __________me a copy of your handbag [[7]] __________ with details of your prices and payment
terms?
We [[8]] __________ it most helpful if you could also [[9]] __________of the various skins from which the handbags
are made.
Yours faithfully,
signature
[[10]] __________
Manager
DESCRIBING A GRAPH
The graph below shows relative price changes for fresh fruits and vegetables, sugars and sweets, and
carbonated drinks between 1978 and 2009. Complete the answer by filling the gaps with a word from the list
below. /Mark: 10*0.5=5 points. 10 min/
a) periodic, b) steady, c) period, d) steadily, e) temporarily, f) by, g) remained, h) from, i) and, j) trend
The graph shows changes in the price of fresh fruits and vegetables, sugar and sweets, and carbonated drinks over a
thirty-year [[1]] _______ in the US between 1979 [[2]] _______ 2009. The graph also shows the general [[3]]
_______in the consumer price index during this time.
While the consumer price index showed a slow and [[4]] _______increase from 1979 to 2009, the same cannot be said
for the price of carbonated, or soft drinks. After rising briefly between 1979 and 1981, they [[5]] _______ fairly
constant until 1999, when the price did begin to increase slowly.
In contrast, there was a marked difference in the price of fresh fruits and vegetables, which, despite [[6]] ______
fluctuations, rose [[7]] ______ throughout this period. In fact, fresh food prices only levelled out [[8]] _______
between 1990 and 1992 and again [[9]] _______ 2000 to 2001. However, [[10]] _______ 2008 the price had increased
by more than 300%.