Exam: Cambridge English: B2 First (FCE)

Definition: A person whose job is to manage and examine financial records, ensuring accuracy and preparing reports related to finances and taxes.

Example: The accountant prepared the annual financial statements for the company.

Definition: This term refers to the position or job of a person who manages financial records and prepares financial statements for individuals or organizations.

Example: After years of study, she finally secured a position in accountantship.

Definition: To officially recognize or approve someone or something, often in a formal way, such as giving authority to an ambassador or certifying that an institution meets certain standards.

Example: The university was accredited by the national board, allowing its graduates to apply for advanced degrees.

Definition: Officially recognized as meeting certain standards or qualifications, often used to describe institutions or programs that have been approved by a relevant authority.

Example: The university is accredited by a recognized accrediting agency.

Definition: To officially recognize or give approval to someone or something, often in a formal or official way.

Example: The university is accredited by a recognized national agency.

Definition: This term refers to a way of accounting that records income and expenses when they happen, not when money is actually exchanged.

Example: The accrual accounting method provides a more accurate financial picture of a company's performance.

Definition: A noun that refers to the process of gradually gathering or increasing something over time, often used in financial contexts to describe the accumulation of income or expenses.

Example: The accrual of interest on the loan will increase the total amount owed over time.

Definition: To gradually gather or increase over time, often referring to benefits or amounts that build up, such as interest or knowledge.

Example: Interest will accrue on your savings account if you leave the money untouched.

Definition: To gather or increase gradually over a period of time, often referring to benefits, interest, or resources that build up.

Example: I have accrued 15 days of sick leave.

Definition: This word describes something that has been gathered or built up over time, often referring to money or benefits that have been earned but not yet received.

Example: The accrued interest on the savings account increased significantly over the year.

Definition: To have accumulated or gathered something over time, often referring to money or benefits that increase gradually.

Example: The interest on the savings account has accrued over the years.

Definition: To gather or collect things over time, often in increasing amounts.

Example: As the years went by, she began to accumulate a wealth of knowledge in her field.

Definition: To gather or collect things over time, often in increasing amounts.

Example: Over the years, she managed to accumulate a vast collection of rare coins.

Definition: A large amount of something that has been gathered or collected over time.

Example: The accumulation of snow made it difficult to drive.

Definition: The quality of being correct or precise, often referring to how closely a measurement or statement matches the true value or standard.

Example: The accuracy of the measurements was crucial for the experiment.