Exam: TOEIC

Definition: A person or thing that receives or agrees to something, such as an offer or a situation.

Example: As an accepter of change, she embraced new opportunities with enthusiasm.

Definition: A record or description of events, a relationship with a business for transactions, or a summary of financial activities.

Example: She opened a new account at the bank to manage her savings.

Definition: To regard or think of someone or something in a particular way.

Example: Many people account him as one of the greatest artists of our time.

Definition: The practice of keeping track of financial records, including the preparation of reports that show a company's financial status. It involves tasks like recording transactions, analyzing data, and ensuring that financial information is accurate.

Example: She decided to pursue a career in accountancy after completing her degree in finance.

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: The process of keeping track of financial transactions, including recording, summarizing, and reporting on a business's money and assets.

Example: She decided to pursue a career in accounting after completing her degree in finance.

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: The process of gradually collecting or gaining something over time, often related to money or benefits.

Example: The accrual of interest on the loan increased the total amount owed.

Definition: The highest point or level of something, often representing the best or most successful stage in a process or achievement.

Example: After years of hard work, she finally reached the acme of her career.