1. TASK: Insert the appropriate word in the text below:
outlines - critical - exceed - unsecured - consistently
Inadequate Cash Controls
Because cash is a very liquid asset, strong controls are ______________. Cash should never be left ______________, and only certain qualified individuals should be granted access to registers, safes and cash boxes. Cash-on-hand should be deposited on a daily basis when receipts ______________ $250 or otherwise weekly
Unallowable Expenditures on Grants
Uniform Guidance ______________ expenses that are allowable and unallowable using funds from federal grants and contracts. Each expenditure must be reasonable, allowable, allocable, and ______________ accounted for.
2. CHECK YOUR SPEAKING
|
consistently |
kənsɪstəntli |
постійно |
|
critical |
krɪtɪkəl |
важливий |
|
exceed |
ɪksid |
перевищувати |
|
outlines |
awtlajnz |
позначати |
|
unsecured |
ənsɪkjʊrd |
незабезпечений |
3. SEE CORRECT ANSWER
Inadequate Cash Controls
Because cash is a very liquid asset, strong controls are critical. Cash should never be left unsecured, and only certain qualified individuals should be granted access to registers, safes and cash boxes. Cash-on-hand should be deposited on a daily basis when receipts exceed $250 or otherwise weekly.
Unallowable Expenditures on Grants
Uniform Guidance outlines expenses that are allowable and unallowable using funds from federal grants and contracts. Each expenditure must be reasonable, allowable, allocable, and consistently accounted for.
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в підручнику “Practical Financial English”
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