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Correction

The document provides synonyms for various financial terms and assesses the truthfulness of several statements regarding fiscal resources and global domestic product. It lists main financial statements and describes the symbols of a net present value equation. Additionally, it includes translations of specific financial terms into Arabic.

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Janette Moi
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0% found this document useful (0 votes)
4 views2 pages

Correction

The document provides synonyms for various financial terms and assesses the truthfulness of several statements regarding fiscal resources and global domestic product. It lists main financial statements and describes the symbols of a net present value equation. Additionally, it includes translations of specific financial terms into Arabic.

Uploaded by

Janette Moi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Correction:

1-Give from the text the synonyms of the followings concepts and
words:

Reciprocal: ……mutual………… Rise: ……increase…………

Expand: ………enlarge…………Cut down: …decrease……..,

Targeting:………aiming…………. Normal: ……ordinary….…….

2- Determine whether the following sentences are: “true” or


“false”:

- The relationship between fiscal resources and global domestic


product is reciprocal since on one hand the augmentation of the
global domestic product enhances the ability of the government to
get more taxes ( true).

- The increase of the income issued from taxation makes the


government able to broaden its public expenditure (true).

- Such enlargement has a great impact on the global demand, which


can be decreased and encourage many investors to enlarge their
investments. (false)

- This relationship may be crucial to determine how much the


decrease of oil taxes can decrease the two kinds of taxation,
ordinary and oil taxation (true).

3- The main financial statement are (not from the text):

A: Balance sheet

B: Income statement

c: Cash flow statement

D: The statement of changes in equity

E: Appendix

4- Describe in English the symbols of the following equation:


n
N . P . V =−I 0 + ∑t=1 CF(1+i) +rv (1+i)
−t −n

-N.P.V: net present value

-I0: investment costs

-CF: cash flow

-i: discount rate


T: year

-n: lifetime

-rv: residual value

5- Write in Arabic the following:

-N.P.V: ‫صافي القيمة الحالية‬

-Assets and liabilities: ‫األصول والخصوم‬

-Shares and bands: ‫األسهم والسندات‬

-Interest rate: ‫معدل الفائدة‬

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