Chapter 7 - exam 04.05 Flashcards
financial control
depreciation
when sth loses value
payroll
a list of the people employed by the company showing how much each one earns
accounts payable
a record of how much money a company owes other people or companies fro goods and services
assets
sth valuable belonging to a person or organization which can be used for the payment of debts
pellet
a small hard ball or tube- shaped peice of any substance
to spiral
to continously become worse,more or less
knock-on -effect
the indirect effect of sth
snapshot
cash payments
all funds going out of a business in a specific period are known as
net sales
the total income from all of business’s normal trading activity
net assets
the difference between what a business owns and what it owes,equal to owners equity
compel
cause+ expression + effect
led to / brought about / resulted in / gave rise to
effect + expression+ cause
stemmed from / arose from / was due to / resulted from / originated in
expression + cause + effect
due to / on account of / owning to / because of / as a result of
Bribery
The crime of giving money or ptesents to someone so that they will help you by doing somehing dishonest or illegal
The forefront
Noun a leading or important position
Fraudster
Someone who commits the crime of fraud (=obtaining money from someone by tracking them)
Litigation
Use of the legal system to settle a disagreement
Makeover
A set of changes that make a person or thing look better
Net worth
Phrase the value of all your property possessions and money after you remove what you owe
Notorious
Adjective famous for something bad
Pivotal
Adjective extremely important and affecting how sth develops
Policy maker
A person responsible for deciding on a set of plans or actions for a government, political party business ar other group
Protection racket
An illegal system in which criminals threaten to harm you or your property if you do not givr them money
Scam
A dishonest plan, especially for getting money
Tax evasion
The use of illegal methods to pay less tax or no tax at all
Undercover
Adjective working or done secretly in order to catch criminals get secret information etc.
White collar crime
Crimes in which people who work in offices steal money from the company they eork for
Admin
The administration of a company orgnaization etc.
Misery
The state of being extremely unhappy or uncomfortable
Notably
Used for introducing a good example of sth
Stem from
To be caused by something
Tweak
To make small changes in order to improve sth
Iron out
To deal successfuly with a disagreement or problrm, esp. by removing the last remaining difficulties
Take stock of sth
to review your position
AOB
iron out
to deal successfully with disagreement or problem, especially by removing the last remaining difficulties
starving
very hungry
chair
the person who is in charge of a meeting committee or company
open-plan office
an office with few wallls and a lot of space
partition
a wall,screen ore piece of glass used to separate one from another in a room or vehicle
venue
the place where an activity or event happens
chasing letter
a reminder to pay an outstanding invoice
dent
a place whre the surface has be damaged
embezzle
to steal money that people trust you to look after as a part of your work
evasive
not talking or answering questions in an honest way
petty cash
a small amount of money in coins or notes that an organization or company keeps available to pay for small things
reprimand
to tell someone officially and in a serious way that something they have done is wrong
scratch
a thin mark on a surface
sickie
a day when you say you are ill because you do not want to go to work
suspension
a punishment in which someone is removed from a team, job or school, for a short time
