KEMENTERIAN RISET, TEKNOLOGI DAN PENDIDIKAN TINGGI

UNIVERSITAS DIPONEGORO
SEKOLAH VOKASI PEKALONGAN
Jalan ……………………. No. …..Pekalongan – Kode Pos : ………. Telp. ………………….

UJIAN TENGAH SEMESTER

SEMESTER GASAL 2019/2020
PROGRAM D III
Mata Ujian : Bahasa Inggris III
Tanggal : Jumat, 18 Oktober 2019
Waktu Ujian : 60 Menit
Sifat ujian : Closed Book
Dosen Pengampu : Marsono,SE,M.Adv.Acc,Ak

PETUNJUK :
a. Segala bentuk kecurangan akan mengakibatkan nilai E
b. Tulis nomor urut presensi UTS Anda di Lembar Jawaban Ujian
c. Soal ujian terdiri dari 3 bagian (Part A, Part B, dan Part C)

PART A : Comprehension questions.

Below the passage contains some jobs and its activity definitions relate to accounting
career.
Please, fill in the line spaces with the suitable words from the box.

a) bookkeepers f) local accounting k) chartered p) career

standards accountant
b) auditors g) creative l) annual financial q) confidentiality 
accounting statements.
c) payroll clerk h) unemployment m) income tax r) salary
d) tax advisors i) management n) codes of s) crisis
accountant conduct 
e) apprenticeships j) reports o) prediction t) confuse

In these uncertain economic times it can be hard to know which (1) ___________ path
is right for you, everywhere you look you can see job cuts and (2) _________ but the
accounting sector is still performing well.

A recent report on the starting salaries of 2012 university graduates stated that
accounting graduates salaries are still rising with an average (3) _________ of
$42,500. When you add that to the fact that in America accounting firms have almost
recovered from the effects of the global (4) ___________, you can see why
accountancy is becoming an attractive prospect.
And that is not all, according to the Bureau of Labour Statistics the (5) ____________
is that in the next 8 years the number of accounting jobs will rise from 1.2 million to 1.4
million in the US.

With such positive (6) ____________ a lot of young people are looking to become one
of the next generation of accountants. A university education is the most common
route into accounting but it is not the only way, many firms offer (7) _____________
where you learn while you work. This means starting at the bottom so for the first year
you are more likely to be making the tea than preparing the balance sheet, or trial
balance.

Most people don't realize how varied the world of accounting is and in fact it is often
seen as boring. The truth is that accounting is the backbone of any organization and
offers a wide number of attractive careers within it.

Below you will hear about just some of the more common careers in the field of
accountancy, there are of course many more, but we don't have time to talk about all of
them.

When we consider the accounts team within a company, we generally think about
clerks, they are recording the financial information from all transactions the company
makes.

Other roles include the (8) ____________ responsible for processing staff salaries and
the tax which occurs from them. Higher up the hierarchy we have the (9) ________who
finalizes the accounts and prepares the (10) _____________. The people doing these
jobs make sure that the directors or owners of the company always know its true
financial position.

However, accounting is more than just reporting financial data. A good accounts team
actually works to save the company money by minimizing the tax payable and delaying
payments so companies can earn interest from their banks.

These job roles are not so clear in smaller accounting practices, where the accounting
staff often need to perform various tasks from meeting clients to helping with loan
applications. Often the majority of the work in these smaller practices is done by (11)
_____________. Generally, the owner of the practice is the most senior accountant
and is usually a (12) ____________ which means that their signature is accepted on
the financial statements.

The job opportunities for accountants don't stop there: (13) _________ are the police
of the accounting world and when they are called into a company it is their job to
ensure that the accounts were done in the correct way and that everything was
accounted for. The most feared of these auditors are the government auditors who are
sent to companies suspected of somehow breaking the rules. This job is very different
from other accountancy work as there is no routine; you work in many locations and
have contact with many people. Although, you should be thick-skinned as often the
accounting staff in companies do not like the idea of being audited.

Career progression within accountancy often results from a specialist knowledge in a

particular area, (14) _____________ are able to help their clients lower their tax bill
thanks to their in-depth knowledge of taxation law and specifically what a client can off-
set against tax.

A talented accountant will also be able to advise their clients on the best course of
action to take so as to save money and at the same time stay within the (15)
_____________.

Accountants have to follow very strict rules and (16) _____________ in order to make
sure that they do everything in a legal way. If an accountant breaks these rules they
could face severe punishment, but some accountants practice (17) ____________ to
get around rules without breaking them. (18) _____________ is obligatory for all
people working with accounts as the financial data could be very sensitive.

Whether working in the public or private sector, accountants can expect to earn very
good salaries and also gain valuable knowledge on topics like (19)
___________, value added tax (VAT) and pension schemes which can help them in
their life outside of work. What's more, as accounting is such an important part of a
company's success there will always be a demand for good accountants.

After reading this text I hope that you will appreciate the complexity and the variety of
accounting and the value accountants serve in an organization. So the next time you
hear someone say that accounting is dull, please correct them. Accounting is about
truth and money, and there is nothing dull about that!

PART B : Choose the best response for each one.

1. I_________ our profits for the previous accounting period.
a. called b. gathered c. calculated

2. Your job will be to ________and maintain financial records.

a. promise b. prepare c. make

3. An accounting period is a period of time over which _________ are calculated.

a. prophets b. profits c.profiteering

4. Accounts _______ refers to the money that is owed to the company by its
clients/customers.
a. receivable b.receptive c.respected
 
5. To accrue means to accumulate or _________.
a. decrease b. regret c. increase

6. My house has ______ (= increased in value) by 10% in the past 9 months.

 a. appreciated b. depreciated c. approximated

7. I indicated all the accrued expenses on your balance _______.

a. Sheet b. paper c. note

8. These expenses are typically _________. ( = they occur regularly)

a. pragmatic b. prodigal c. periodic

9. Another word for accounting is ____________.

a. Finance b. bookkeeping c. money counting

10. A good accountant will help you keep ________of your business's finances.
a. Track b.trace c. score

PART C :
Use words from the box to make perfect sentences.
Match them to the suitable definition for each number.

a. debt b. gearing/ c. lease d. liabilities

leverage
e. contract f. average g. shareholder h. earnings
interest rate per share
i. gross profit j. transaction k. price/ earnings l. revenue
margin ratio

1. ………...is an agreement between two or more parties, often written.

2. ………...is the opposite of assets.
3. …………is buying or selling something.
4. …………is someone who owns parts of a company.
5. Money that is owed by the company classified as…………
6. An agreement where the owner of something allows someone else to use it for
a specific time for a sum of money is called………….
7. The proportion of own capital to borrowed funds when buying an asset or
financing a company is…………..…..
8. ……………: gives the company’s pricing policy and mark-up margins. An
adequate gross margin allows a company to pay its expenses, and then
expand.
9. ……………: determines the average interest rate at which a company borrows
funds.
10. ……………: compares the current market price with earnings to calculate if a
stock is over or under valued. Used as a prediction of future performance.