English For Accounting: Lecturer: Rosdiana Mata, S.S, M.PD
English For Accounting: Lecturer: Rosdiana Mata, S.S, M.PD
By :
Group 2
Listening 1
1. Paula Foley is an investment consultant in New York. Listen to her talking
about asset management. Which three of the following things does she not
mention?
2. Read the statements below, which summarize what Paula Foley says, and
then listen again. In what order does she say these things?
Answers:
1. Paula Holey does not mention derivatives, interest and liabilities.
2. 1b 2c 3f 4e 5g 6a 7d
b. Asset management involves investing in bonds, stocks, precious metals and
funds.
c. How you manage assets depends on the client’s objectives and the portfolio’s
size.
f. Objectives can be either long term or short term.
e. It’s easier to diversify a large portfolio than a small one.
g. The risk of a portfolio depends largely on the expected returns.
a. Assets allocation means deciding how much to invest in different classes of
investments: bonds, stocks and so on.
d. If you diversify too much it becomes too expensive.
VOCCABULARY