M1CCA S1 Classroom 3: Company Figures PDF 2024

M1CCA S1▸CLASSROOM 3 → Company figures| 2024  In this session with your teacher, you will consider the different types of numerical errors and how to deal with them: To learn about: vocabulary related to problem solving. To learn how to: speak about and deal with a problem. To practi...

M1CCA S1▸CLASSROOM 3 → Company figures| 2024  In this session with your teacher, you will consider the different types of numerical errors and how to deal with them: To learn about: vocabulary related to problem solving. To learn how to: speak about and deal with a problem. To practice: using numbers and figures for business and work. Warm-up  What typical problems do you face in your work? How do you usually deal with them? __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ ___________________________________ Phrases with ‘problem’ and ‘suggestion’ Which of the following verbs go before ‘a problem’ and ‘a suggestion’? Which can go before both words? Types of numerical errors In pairs, study the following sentences and match the words below with their correct definitions: 1. There seems to be a discrepancy in the data. The number of shares should be divided by 6 shareholders but in the financial statement there are only 5 names. 2. There was a mix-up on the website - the price we paid was for a different product. 3. The accountant was accused of deliberately inflating the company's profits, but he claimed it was simply an oversight. 4. The cashflow figures are very misleading. They suggest that we are making huge losses, when in fact this isn't true. 5. During the dot-com bubble, many Internet-based companies were grossly overvalued on the stock market. 6. The sum of the monthly sales figures is inconsistent with the total annual sales figure because of rounding.   What are the opposites of inflate and overvalue? __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ ____________________________ Reporting and explaining errors Listen to the dialogue and complete the first two columns of the table below. Listen again and complete the third column. Incorrect Correct figure Probable reason for error figure Call 1 Call 2 Call 3  Look at the following expressions from the dialogues and put them into the correct categories below: I'll go through it again and work out a more reasonable figure. I'll look into it right away. I've just been going through your data, and it looks like you've undervalued... It's probably an oversight on our part. It might be due to our new accounting software. There seems to be a rather large discrepancy between... There seems to be some sort of mix-up. We forecasted a turnover of... when the actual value was... We ordered..., but you have billed us for... You valued the property at..., but my estimates put the figure at around... Reporting an error: Quoting a discrepancy: Explaining an error: Promising action: