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