Расширьте аннотацию по памяти, т.е. изложите текст подробнее

1. The basis of financial management is ….

2. It is a plan for … and … the money needed to …an organization’s goals.

3. Planners must make sure that needs are … and funding is … to meetthose needs.

4. Developing the financial plan includes … goals and objectives, budgeting the money needed to … the goals and objectives, identifying sources of financing.

5. Establishing measurable and realistic organizational goals and objectivesis an important …task.

6. A budgetas a financial … projecting income and/or expenditures over a period of time.

7. Usually the budgeting process begins with the … of individual budgets for sales and for each of the various types of expenses: production, human resources, promotion, administra­tion, and so on. 8. Budgeting … is improved when budgets are first constructed for individual departments and for shorter peri­ods of time.

9. These budgets can easily be combined into a companywide … budget.

10. Согласитесь или не согласитесь со следующими утверждениями, используя следующие фразы:

That’s right (верно).

That’s wrong (неверно).

That’s not quite true. According to the text… Это не совсем верно. Согласно тексту…

1) Available sources of financingareshort- term or long-term financing.

2) Sales revenueis the first type of funding.

3) The second type is equity capital, which is money ob­tained through loans.

4) Equity capital is used almost exclusively to start a business and to fund expansions or mergers.

5) The third type of funding is debt capital. This is money received from the sale of shares of ownership in the business.

6) The fourth type of funding is the sale of assets that may be a reasonable last resort when neither equity capital nor debt capital can be found.

7) Monitoring and evaluating financial performance are important to ensure implementing financial plans.

Ответьте на вопросы.

1. What is a financial plan?
2. What is it used for?
3. Can it be modified?
4. What are the three steps involved in developing the financial plan?
5. State the difference between goals and objectives.
6. What is the meaning of the word “budget”?
7. What is budgeting?
8. What does budgeting process begin with?
9. How can budgeting accuracy be improved?
10. What are the four available sources of financing?

12*. Используйте вопросы как план высказывания по теме.