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Practice Accounting Vocabulary
Practice Accounting Vocabulary
READING SKILL -
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6. Choose one of the actions that are part of a “Cash and Banking Procedures”. Then write an 6-line paragraph explaining with your
own word that action.
3.
-The accounting of the mayor presents irregularities in the financial statements.
-Yesterday the dollar made the biggest transaction of the year.
4.
-The international market is affected by the conflicts between Russia and Ukraine.
-Banks have issued large credit during the covid-19 pandemic.
6.
The manage of multiple bank accounts and transactions is one of the most complex tasks that there can be, since
it is a task of great responsibility and commitment, even more so in this digital age, where there is so much
danger in electronic transactions; Multiple bank accounts can make us nervous but it is normal, we only need to
know the interest rates of our banks and their cut-off dates in order to make good use of them, avoiding paying
high interest rates and maintaining good credit behavior; In the same way with the transactions we must be very
careful when we enter the digits, so as not to make any mistakes and not lose our money.