Review Test PJI1A IB: Unit 7 Name: Teacher: TOTAL (60 points to pass) MARK Number of points (max. 100 points) I. Listening: III. Grammar: II. Vocabulary: IV. Translation: I. Listening: (max. 20 points) points ------------------------ II. Vocabulary: (max. 34 points) points A. Translate the following expressions into English: (2 points each) běžné pohledávky vyjma přečerpání účtu– current liabilities except for overdrafts předčit výši nerozděleného zisku z loňského roku – to outperform the amount of retained earnings from previous year zažádat o bankovní ochranu před krachem – to file/ask for a bank protection from bankruptcy naléhat na věřitele, aby učinili ústupky - to urge creditors to make/grant concessions odepsat hodnotu zastaralého, opotřebovaného vybavení – to write down/depreciate the value of outdated, obsolete/worn out equipment vybírat peníze z bankomatů a investovat do cenných papírů na burze – to withdraw money from ATMs/cash machines and invest in securities on the stock exchange být odhodlán zastavit likvidátory před ukončením provozu ztrátové nízkonákladové aerolinky – to be determined to stop receivers from winding up a loss-making low-cost airline odvrátit kolaps skončením špatně načasovaného převzetí – to stave off collapse by scrapping an ill-timed acquisition B. Write expressions the following definitions refer to: (2 points each) 1. The ratio of money borrowed by a company to its own share capital: leverage 2. assets such as brands or goodwill of a company that are saleable but not material or physical: intangible C. Complete the sentence with one of the following phrases; translate the selected phrase into Czech. (2 points each) POOR BUDGETARY CONTROL - EARLY REPAYMENT – FREE FALL – BACK AWAY FROM - COURT-APPROVED PROTECTION – CLICKS-AND-BRICKS 1. When the fact of the fraud became known, the price of the shares went into a free fall. In Czech: prudký pád, pokles, propad 2. The early repayment of most of their debt was the first step towards financial stability on the market In Czech: včasné splacení 3. Given the current court-approved protection of the company, we are not entitled to make any critical decisions concerning its future. In Czech: soudem nařízená ochrana D. Complete the sentences with correct forms of the following verbs; some verbs are not used: (1 point each) WIPE OFF – WIPE - CASH IN – DRY UP – UNDERLINE – EMERGE - BUNDLE 1. Many investors saw their holding virtually wiped off overnight. 2. After we emerge from the crisis, I am not sure what will be left of the company. 3. Recent job losses underline the continued weakness of the company. 4. They accused her of trying to cash in on her daughter´s fame.. E. Complete each sentence with a word made from the word given in brackets. (1 point each) 1. The first quarterly profits were announced last week. (QUARTER) 2. The meeting was dominated by a handful of participants. (HAND) 3. Arranging the tender was a remarkable accomplishment. (ACCOMPLISH) 4. There is no need for secrecy concerning the financial statements. (SECRET) 5. No company volunteered to restructure their operations. (VOLUNTARY) III. Grammar: (max. 30 points) points A. Fill in the gaps with a suitable preposition or adverbial, if necessary: (1 point each) 1. The bonds accumulated interest over the years. 2. We´ll see an increase in the production next year. 3. We agreed to postpone the payout of dividends in return for more control. 4. After years of bitter arguments they decided to file for divorce. 5. There has been a decrease of 5 percent in the area of regional sales, whereas on international level the sales increase by 2 percent. 6. The demand for cars is sustainable, despite all the allegations. B. Rewrite the sentences so that they mean the same as the sentence above. (3 points each) 1. They are installing the new computer system next week. The new computer system is being installed next week. 2. We have found that the contracts contained a mistake. The contracts have been found to contain a mistake. 3. My car was delivered to the airport. I had my car delivered to the airport. C. Fill the gaps with the appropriate form of the verbs in brackets. Add prepositions if necessary: (1 point each) Dear Mrs Patel, We are delighted to inform you that you (1) _____________________ (select) for a free holiday. According to our information, you (2) _________________ (answer) a telephone survey last month, as a result of which your name (3) ___________________________(enter) in the holiday draw. Now our computer (4) _________________ (choose) your name, so you and your family (5) ___________________ (invite) to spend a week in a European destination of your choice. This offer (6) _________________________ (make) on the condition that you attend a special promotions day with other lucky families in your region who (7) ________________________ (offer) a similar deal. You (8) ___________________________ (ask) to attend on any Saturday next month at the Royal Hotel, Manchester. If you (9) ________________________ (interest) in attending and taking up this offer, please (10) ______________________________ (detach) the slip below and return it to us as soon as possible. D. Choose suitable words or phrases that can complete each sentence. The number of correct answers is 1-3. (2 points each) 1. Thousands of students face ___ from university this year because of a shortage of places. A: turning away B: being turned away C: having been turned away D: to turn away 2. The storms _____ one of the consequences of global warming. A: are assumed to be B: are said to be C: have been assumed to be D: are assuming to be 3. Many employees _____ a fraud. A:are reported of committing B: are reported to have committed C: have been reported to be commit to D: are being reported to have committed IV. Translation: (max. 16 points) points Translate the following sentences into English: (8 points each) Zisky společnosti za první dvě čtvrtletí vyletěly na hodnotu srovnatelnou s předcházejícím rokem, aby se v následujícím období propadly na nejnižší bod za posledních deset let. Poté byl zaznamenám mírný nárůst, po kterém se zisk na nějakou dobu stabilizoval na dnešní úroveň. The company´s profit over the first two quarters soared/rocketed to the level comparable with the previous year, only to plummet in the next period to its lowest point over the last decade. Then there was a slight increase after which the profits stabilized/levelled off to the present level. Hlavními položkami finanční rozvahy jsou aktiva a pasiva Aktiva se dále dělí na běžná a fixní aktiva a hmotná a nehmotná aktiva. Pasiva členíme na krátkodobé a dlouhodobé pohledávky, přičemž dlouhodobé pohledávky jsou především bankovní půjčky a dluhopisy,které musejí být splaceny v předem stanovené době delší než jeden rok. The main items on the balance sheet are assets and liabilities. Assets are further divided into current and fixed assets and tangible and intangible assets. Liabilities are short and long-term, where long-term liabilities are mainly bank loans and bonds which must be paid back at a date stated in advance, longer than one year.