ABOUT ACCOUNTING

module 31-32

1. Accounting is called the “Language of Business” because of its ability to communicate financial information about an organization.

2. In order to achieve a standardized accounting system, the accounting process follows accounting principles and rules.


3. Revenues are incoming money and expenditures are out going money.

4. The balance sheet and the income statement are two common financial statements. They are different, the first shows the financial position of a company at one point of time, while the seconds shows the financial performances of a company over a period of time.


5. The information contained in financial statements might be useful to creditors. It helps them to find out whether the company will able to repaid the credit on time or not.

6. In The United States, accountants are classified as public, private, and governmental


7. Public accountant provide accounting services such as auditing and tax computation to companies and individuals.

8. A CPA is a Certified Public Accountant. Yes, we had formerly Faculty of Economics graduates of 5 elite universities got “Drs, ….. AK” degree.


9. Accounting-public because accountant has good knowledge about accounting principles and rules.

10. Some company financial decision makings might be based on accounting information. For example the management went to expend its business to build a bigger factory to introduce new variety of goods.

Passive Questions

PASSIVE QUESTIONS
(to be + past participle)

Yes / No Initialized with auxiliaries : do/does, did; is, am, are, was, were; have/has, had; can, could; may, might, shall, should; must, ought..to.

Active
Can he operate the machine?
Are you writing the program?
Did he wait for me?
May I borrow your car?
Must I listen to him?

Passive
- Can the machine be operated (by him)?
- Is the program being written (by you)?
- Was I waited (by him)?
- May your car be borrowed (by me)?
- Must he be listened (by me)?

Informative, Initialized with questions words : who, whom, whose, where, when, what, which, why, how.

Active
Who writes the letter?
Whom are you waiting for?
Whose sister writes it?
Where did you see him?
When will you buy a car? -

Passive
- By whom is the letter written?
- Who is being waited for (by you)?
- By whose sister it is written?
- Where was he seen (by you)?
- When will a car be bought (by you)?

Transform into passive as the examples above.
1. Did SBY defeat Kalla and Mega ?
Answer: Were Kalla and Mega defeated by SBY?
2. Do you also study analyzing the system?
Answer: Is analyzing the system also studied by you?
3. How long have you been solving the problem?
Answer: How long has the problem been being solved?
4. Does the electronics engineer maintain the machine?
Answer: Is the machine maintained by the electronic engineer?
5. Why didn’t you listen to their advice?
Answer: Why wasn’t their advice wasn’t listened by you?
6. Can the programmer operate the machine?
Answer: Can the machine be operated by the programmer?
7. Who teaches you accounting?
Answer: By whom is accounting tought to you?
8. When will you visit him?
Answer: When will he be visited by you?
9. Why didn’t you study the lesson?
Answer: Why wasn’t the lesson studied by you?
10. Where can you get the capital?
Answer: Where can the capital being got by you?
11. What will you do to overcome the problem?
Answer: What will be done by you to overcome the problem?
12. Must I pay your account?
Answer: Must your account be paid by me?
13. Which employee will you promote?
Answer: Which employee will be promoted by you?
14. Who must pay the victims of Lapindo?
Answer: By whom the victim of Lapindo must be paid?
15. Do you understand the lesson?
Answer: Is the lesson understood by you?

Tugas english business 2

English business 1

1. Marketing means the movements of goods and services from manufacturers to customer in order to satisfy the customers and to achieve the company’s objectives.
2. Marketing includes buying, selling, market research, transportation, storage, advertise.
3. The four P’s are product, price, placement, promotion.
4. Product refers to goods or services that a company wants to sell.
5. Product element includes research & development of a new product, research of the potential market of testing the product to insured quality and the introduction to the market.
6. Price is the amount of money that a company wants to charge for its product.
7. Three pricing options are above the market, below the market, with the market.
8. The price is above the market if the company charges for its product above the average price.
9. The price is below the market if it charges less than the average price.
10. The price is with the market if it charges the same with the average price.
11. Price leaders are the company that establish the market prices.
12. Placement involves getting the product to the customers.
13. A common channel distribution is manufactured » whole seller » retailer » customer.
14. Promotion is communication about the product that take places between buyers and seller.
15. Two major ways of promotion are through personal selling as in Department Store and through advertising as in newspaper, magazine, TV, etc.
16. Succesful marketing mix is the four elements of marketing ( product, price, placement, promotion) combined together that satisfies customers and achieves company’s objectives.

tugas english

SUPPLY ITS DEFINITION

1. Accounting is specialized in collecting, recording, classifying, summarizing interpreting and reporting financial information of a business.
2. Accountant is a specialist in the field of accounting.
3. Public accountant is an accountant who provides accounting services such as auditing, and tax computation to companies and individual and receive fee for his services.
4. Governmental accountant is an accountant who works with government agency of bureau.
5. Private accountant is an accountant who works to company.
6. CPA stands for certificate public accountant.
7. Balance sheet is financial statement that shows financial atatus of a company on particular time (on point in time).
8. Income statement is financial statement that shows financial performance of a company over a period of time.
9. Assets are anything of value own by a company.
10. Current assets are assets that are easily changed in to money such as cash, account receivable, inventories.
11. Fixed assets are assets that take time to be changed in to money such as property, building, machinery, equipment.
12. Liabilities are debts own by a company.
13. Current liabilities are that must soon be paid such as account payable, income taxes payable.
14. Fixed liabilities are liabilities that can be repaid over a longer year of time.
15. Bookkeeper is a specialist in recording and maintaining a ledger.
16. International trade is trade with foreign countries.
17. Multinational Corporation is a company which is primarily based in one country and has production and marketing activities in foreign countries.
18. Subsidiary is a company which more than 50% off it share belongs to the parent company.
19. Capital is money that it’s used to start and continue operating a business.
20. Accounting equation is assets equal, liabilities plus owners equity.
21. Theory of absolute advantage a nation ought to specialist in the goods that it can produce more efficiently that each competitors or in the goods that no other nations can produce.
22. Theory of comparative advantage a nations ought to concentrate to produce in the good that it can produce most efficiently and profitable.
23. Marketing is a movement of goods and services that satisfy the customer and achieve the companies’ objective.
24. Price leaders are producer who has established the market place.
25. Profit is money that remains after all expenses are paid.
26. Primary goal of doing a business to create an economic surplus or profit.
27. Common channel of distribution of manufacturer – whole seller – retailer – customer.
28. Is the combination of product, price, promotion, and placement
29. Promotion is communication about the product that takes places between buyers and sellers.
30. Stock broker in between business man in the stock exchange.

ABOUT BALANCE SHEET

module 37-38

1. The final product of the accounting process is the balance sheet.

2. A balance sheet is a first statement that provides a summary of what a company owns and what it owes on one particular day.


3. It provides information for a specific point in time, for example, on January 30, 1993.

4. Assets represent everything of value that is owned by a business, liabilities are the debts which is a company owes.


5. Owners or stockholders equity is determined by subtracting liabilities from assets.

6. It can be represented by the fundamental accounting equation assets equal liabilities plus owner equity.


7. Yes, it does. Because one side must equal the other. If not, it must be wrong with the recording.

8. A balance is useful for a business, because it provides a financial picture of a company on a particular day. It provides managers with financial information for company decision making.

Careers and business field

MANAGEMENT MARKETING ACCOUNTING
* General Manager * Researcher * Bookkeeper
* Personnel Manager * Advertiser * Private accountant
* Production Manager * Buyer * Public accountant
* Seller * Government accountant
* Distributor

FINANCE COMPUTER & DATA PROCESSING
* Banker * Computer operator
* Financial analyst * Computer programmer
* Stockbroker * System analyst


Match with the term above !

1) A specialist in analyzing the system for the computer is…..
system analyst
2) An employ who has the most responsible in an organization is…..
general manager
3) The chief of the department whose job is to get the products to the customers is……
distributor
4) A specialist in writing and keeping financial information is…..
bookkeeper
5) In between businessman in the stock exchange is…..
stock broker
6) One who owns the bank is…..
banker
7) An employee whose job is to operate the machine is…..
computer operator
8) The head of the department whose function is to negotiate with employees is……
personnel manager
9) An employee whose job is to carry out a study is……
researcher
10) A specialist in interpreting financial data who receives fee is……
public accountant
11) Specialist in analyzing financial data is……
financial analyst
12) The chief of manufacturing department of a company is……
production manager
13) The chief of a department store who keeps stock is……
buyer
14) A person whose job is to carry out sale promotion is……
advertiser
15) An accountant who works with a private company is……
private accountant
16) Specialist in field of writing the software for the computer is…..
computer programmer
17) Specialist in the field of accounting who works with government bureau is……
government accountant