Tài liệu 600 Essential words for the toeic 3rd edition part 16 docx

invest v., to put money into a business or activity with the hope of making more money; to put effort into something a.. The chief financial officer invested in the stock at a very good

LESSON 22:ACCOUNTING 138 READING

Part 5 Incomplete Sentences

Choose the word that best compietes the sentence

10 The firm's Studied finance and 13 At the end of next week, all the division heads will

tremendous amount of wealth in ry short time before | made any investments in business

12 We went over our records carefully in order to 15 All the employees will benefit if the company’s

Part 6 Text Completion

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17 (A) client

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(C) turnover

(D) outstanding

140 600 ESSENTIAL WORDS FOR THỂ TOEIC TEST

Part 7 Reading Comprehension

Questions 19-23 refer to the following fetter

Jenmary 17, 20—

Buzzi Accountants

128 Waterford Drive

New Hanover, VA

Dear Ms, Buzzi,

1 have just found ont that my tax records will be audited by the government 1 would like to hire someone from your firm to help me prepare for this I run a small editing business which I started five years ago I initially took out a loan from the bank to get my business started My business has always been profitable, and I was able to repay the loan quick-

ly, As of now, my business has no outstanding debts My staff is quite small I started out with one assistant, whe is still

with me As I built up my client list, I hired a second assistant, who is also still working for me Thus, I have not had a

problem with staff tamnover In short, you can see that my business and financial situation are quite stable

I have always prepared my taxes carefully, and I keep thorough records I imagine that this audit will be fairly routine

However, I want to be sure that I am correctly prepared for it, and I feel that hiring an accountant is the best route to

take Please call me so that we can discuss the matter I can be reached at my office Mondays, Wednesdays, and Fridays One of my assistants is also usually in the office on Tuesdays and Thursdays and the occasional Saturday and will take

messages for me

I look forward to speaking with you

Sincerely,

Jonathan Stein

19

20,

21

Why does Mr Stein want to hire an accountant? 22 The word profitable in the first paragraph, line 3 is

(D) To help him stabilize his finances (C) interesting

(D) earning money How many people work for Mr Stein?

(C) employed When is Mr Stein in his office?

(A) Monday through Friday

(B) Tuesday and Thursday

(C) Monday, Wednesday, and Friday

(BD) On occasional Saturdays

{D) served

Lesson

Investments

Study the following definitions and examples

10

1

12

aggressively adv., competitively, assertively

a Some people are risk takers and prefer to invest aggressively

b His ideas were not well received because he spoke so aggressively attitude n., a feeling about something or someone

a The new fund manager’s attitude changed quickly after the first big downturn in the market

b Each investor should assess his or her own attitude toward investment commit v., to consign for future use, to promise

a Itis a good idea to commit a certain percentage of your income to investments

b The stockbroker committed herself to finding the best investments for each client

conservative adj., cautious, restrained

a Her conservative strategy paid off over the years

b Generally, older people should be more conservative in their investing than younger people

fund n., an amount of money for something specific; v., to provide money for

a He will have access to his trust fund when he is 21 years old

b The company will fund the trip to the conference

invest v., to put money into a business or activity with the hope of making more money; to put effort into something

a The chief financial officer invested in the stock at a very good time

b Don't invest all of your time in just one project

long-term adj., involving or extending over a long period

a The CEO's long-term goal was to increase the return on investment

b Over the long-term forecast, unemployment is expected to remain steady portfolio n., a list of investments

a Investors are advised to have diverse portfolios

b The investor’s portfolio consisted of blue chip company stocks and government bonds

pull out v., to withdraw, to stop participating; n., a withdrawal, removal

a His advisor suggested that she pull out her investments in the troubled country

b The pull out of the bank has left the company without financing

resource n., assets; valuable things

a If you don’t invest in petroleum resources now, you will find that the stock prices will get away from you

b The company’s most valuable resource was its staff

return n., the amount of money gained as profit

a The 44 percent return on the new stock was far more than the stockbroker had anticipated

b Some investors are satisfied with a 15 percent return, while others want

to see a much larger return

wisely adj., knowledgeably, smartly

a If you invest wisely, you will be able to retire early

b Mary wisely followed her stockbroker’s advice and took her money out of some bad investments

141

142 600 ESSENTIAL WORDS FQH THE TOEIC TEST

WORDS IN CONTEXT

Alead the following passage and write the words in the blanks below

investment is a common, everyday occurrence Companies

@) time and money in finding and training their employees Employees invest in their own training and education Financial investment takes place at a corporate level and at an indi- vidual level Whether an individual or a company, a decision must be made on the percentage of (2)

and the percentage to have in cash

fo have invested

To avoid making stupid decisions, many people use financial advisors Financial advisors help individuals and corporations make

(3)

TH invesiment decisions What kind of portfolio should be maintained? What should be in this (4)

At what point should an investor pullback or (5) of the market? What kind of (6) should the investor realistically expect? How much risk can an investor take (both ermo- tionally and financially)? Investors who are (7)

the (8) can more easily weather the ups and downs of a market As one analyst commented, “If you're staying awake at night thinking about the stock market, you probably have too much invested.”

Many ernployees have retirement plans at work They decide what level of contribution to make to a certain (9)

These decisions and large cornpany decisions depend to a large degree on (10)

Is the decision maker

? That attitude often depends on the age of the investor or on the stage and the needs of the business.

WORD FAMILIES

LESSON 23: INVESTMENTS 143

aggression The act of aggression against our country caused a fear of war and had a

negative effect on the stock market

aggressive The director’s aggressive position on investing was frowned upon by the Board

of Directors

aggressively | chose this stockbroker because he invests my money aggressively

commit I’m committed to keeping the money in my pension fund until | retire

| commitment The employee’s commitment to working hard and saving her money was

commendable

} noncommittal (had hoped that the discussion would yield a definite answer from them, but

they were noncommittal

| conserve Conserve your money now so you will be able to invest when the stock market

gets better

conservative Some people are conservative investors and take few risks with their money

conservatively If you invest too conservatively, you may lose some chances for making money

invest The company has been successful because it has invested wisely in its

resources

investment The CFO is responsible for corporate investment

investor The fall in the stock market shook up the investors

return | wish | could return to the days where investing was simple

returns Our returns on our investments exceeded expectations

returnable The merchandise is returnable as long as you have your receipt

adjective | wise The wise investor does her homework before parting with her money

adverb 3 wisely She planned her retirement wisely and was able to retire to her summer house

144 600 ESSENTIAL WORDS FOR THE TOEIC TEST

WORD PRACTICE

LISTENING COMPREHENSION

(em

Track |

Part 1 Photo

Look at the picture and listen to the

sentences Choose the sentence that

best describes the picture

1i.@@®@@®

Part 2 Question-Response

Listen to the question and the three responses Choose the response that best answers the question

z.@® ®@© 3 @ ® ©

Part 3 Conversation

Listen to the dialogue Then read each question and choose the best answer

(A) Investing mainly in natural resources (A) Take her money out of the stock market (B) Investing in various industries (B) Hire an investment advisor

(D) Investing in the basket industry (D) Follow the man’s investment strategy

5 How much money has the man made through his

investments?

(A) One million dollars

(B) Two million dollars

(C) Five million dollars

(D) Ten million dollars

Part 4 Talk

Listen to the talk Then read each question and choose the best answer

7 What is this talk about? 9 How often should parents put money in the stock

(D) Every two or three years

8 When should parents start saving money for

college?

(A) Two or three years from now

{B) When their children are small

(C) After they have had two or three children

(D) When their children are in high school

LESSON 23: INVESTMENTS 148

READING

Part 5 Incomplete Sentences

Choose the ward that best completes the sentence

10 The stockbroker recommended investing some 13 After months of study and research, the

(B) investment (D) invested

11, All employees are encouraged to

_—— we & percentage of their earnings 14 A good financial analyst will advise investors on

12 Because he had made such investments, 15 Is it to consider funding a new project

he Jost very lithe money when the stock rnarket when we haven't even seen the returns from the

Part 8 Text Completion

Many people try to save money by acting as their own investment advisors This is not usually considered to be a wise choice In the long term, it can actually end up costing the investor more money because of poor investment decisions A professional investment advisor understands investment options more thoroughly than the jayperson ever could A good investment advisor becomes familiar with her clients’ 16 toward investing and gives advice accordingly The advisor makes certain recommendations to clients who are conservative investors and makes different recommendations to clients who prefer to invest more _17 The best way to create a strong investment

18 that matches your needs and preferred investing strategy is to work with a professional investment advisor

17 (A) aggressor

(B) aggression

(C) aggressive

(D)} aggressively

146 600 ESSENTIAL WORDS FOR THE TOEIC TEST

Part 7 Reading Comprehension

Questions 19-23 refer to the following two e-mail messages

To: Arnebia Waddell

From: — Peter Simpkins

Subject: Investment

Hi Amelia,

I wondered if you would give me the name of your

investment advisor My business is doing very well this

year In fact, 1 am now making a lot more money than

I did when J had a job with a salary | would prefer to

invest my profits in the stock market as Pm sure I

would ear more money that way than just letting it

eayn interest in a bank account Of course, I want to

invest wisely, so I am looking for professional advice

| You know I tend to have a conservative attitude

toward money, and I hope your advisor can help me

make some safe investments Please get back to me

soon as I'd like to get started on this before the end of

the month Thanks

Peter

19 Why did Peter write the e-mail message?

(A) He is looking for @ job

(B) He needs some investment advice

(C) He lent some money to Amelia

(D) He is looking for new clients

20 Why does Peter have extra money to invest?

(A) He earned a tot of interest in his bank account

{B) He has a high salary

(C) His business is very profitable

(D) He made money in the stock market last year

21 When will Amelia call Peter?

{A) This morning

(B) This afternoon

(C) Tomorrow

(D) Before the end of the month

22

23

To: Peter Simpkins From: Amelia Waddell Subject: Re: bovestment

Hi Peter,

I would be happy to help you out As a matter of fact,

I just talked with my investment advisor this morning, and she mentioned that she is looking for more clients Her name is Susannah Oliveros I have been working with her for several years and have always been satisfied I have gotten good returns on the investments I have made with her J will call you this

afternoon, and we can discuss all the details then I

will also give you her phone number so you can call her tomorrow I know you will like her

Amelia

The word wisely in line 8 of the first e-mail is closest in meaning to

(A) smartly (B) carefully (C) quickly {D) easily The word returns in line 6 of the second e-mail is closest in meaning to

(A) goes back (B) gives back (C} suggestions (D) profits

Lesson

Taxes

Study the following definitions and examples

1

10

T1

12

calculation n., computation; estimate

a It took my accountant some time to complete the calculations on my income tax

b According to my calculations, I'll owe less money on my income taxes this year

deadline n., a time by which something must be finished

a The deadline for paying this year’s taxes is just two weeks away

b My best work is done with strict deadlines

file v., to enter into public record

a If you file your taxes late, you will have to pay a fine

b If you believe the tax preparer gave you incorrect information, you should file a complaint with her boss

fill out v., to complete

a [usually ask someone to help me fill out my tax form

b Don’t forget to sign the tax form after you have filled it out

give up v., to quit; to stop

a Bruce gave up trying to prepare his tax return himself and now hires an accountant to do it

b Ms Gomez is so optimistic that she never gives up

joint adj., together; shared

a We opened a joint bank account five years ago

b The couple no longer files joint tax returns

owe v., to have a debt; to be obligated to pay

a People are often surprised to discover that they owe more money in income taxes at the end of the year

b As the business grew, the owner paid back loans and owed less money penalty n., a punishment; a consequence

a Anyone who pays less than they should in taxes will face a penalty

b Penalties are imposed to discourage underpayment of taxes by adding a percentage to the taxes you already owe

preparation n., the act of making something ready

a Income tax preparation can take a long time

b It is important to do some preparation on your own before hiring an accountant to work on your tax form

refund n., the amount paid back; v., to give back

a With the tax refund, we bought two plane tickets

b The government will refund any money that you overpaid

spouse n., a husband or wife

a You can claim your spouse as a dependent on your tax return if he or she doesn’t earn an income

b My spouse prepares the tax return for both of us

withhold v., to keep from; to refrain from

a My employer withholds money from each paycheck to apply toward my income taxes

b Do not withhold any information from your accountant or he will not be able to prepare your tax form correctly

147

148 600 ESSENTIAL WORDS FOR THE TOEIC TEST

WORDS IN CONTEXT

Read the following passage and write the words in the blanks below

Every year, my wife gathers all of our pay stubs and expense reports and (1) to fill out our tax forms She tries to finish them in March, well before the April 15th (2)

It's a time-consuming process There are receipts to find, records to organize, and forms io (3) When we first got mar- ried, we (4) separate retums But now she marks

me as her (5) reium {i saves us money and saves me time!

My wife is very proud of her accuracy The government has never sent the forms back with corrections For several years now,

we have received a (7) But this year, she (8) the numbers over and over again and found we had not paid enough taxes throughout the year She didn’t want to

(3)

and sent in our check Actually, it was my fault | had changed jobs and didn’t ask my employer to (11) enough money from

my paychecks I'm just glad we found and corrected the mistake before we got (12)