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ÉRETTSÉGI VIZSGA 2006. október 24.Név:. osztály: .KÖZGAZDASÁGIALAPISMERETEK(ÜZLETI GAZDASÁGTAN)ANGOL NYELVENTHE BASICS OF ECONOMICS(BUSINESS ECONOMICS)2006. október 24. 14:00KÖZÉPSZINTŰÍRÁSBELI VIZSGASTANDARD LEVELWRITTEN EXAMINATIONAz írásbeli vizsga időtartama: 180 percDuration of the written examination: 180 minutesPótlapok száma / Number of additional pagesTisztázati / Final copiesPiszkozati / DraftsOKTATÁSI ÉS KULTURÁLISMINISZTÉRIUMMINISTRY OF EDUCATIONAND CULTUREKözgazdasági alapismeretek angol nyelven(üzleti gazdaságtan)középszint — írásbeli vizsga 0631

Közgazdasági alapismeretek(üzleti gazdaságtan) angol nyelven — középszintNév:. osztály: .Important informationDear Examinee,We suggest that you read through the whole test sheet before you start working on it.Make sure you read the questions attentively, and interpret them correctly.Please think your answers through before you answer test and multiple choice questions.When answering accounting questions, use the attached list of invoices if necessary.You are allowed to use a non-programmable calculator and a ruler.Please make sure that you write legibly, provide a clear and easy-to-follow layout for youranswers, and correct any potential errors according to the rules.Write your answers in the space provided.Please make sure your sub-calculations are easy to follow.Value added tax is 20%.Good luck with your work!írásbeli vizsga 06312 / 162006. október 24.

Közgazdasági alapismeretek(üzleti gazdaságtan) angol nyelven — középszintNév:. osztály: .Part 1 (50 points)Question 1 (5 points)Determine if the listed elements belong to the macro- or micro-environment. In the caseof macro-environment, specify the group of factors as well. Suppliers, Buyers, Financial institutions, Advertising agencies,. Economic growth, unemployment,. Change of population, distribution of age, family model,. Regulation of associations, code of ethics in advertising,. Using environmentally friendly components, using recyclable packaging,.Question 2 (7 points)Data from ledger invoicesName of invoiceBalance 02,430,000780,0005,630,000430,000650,000-Tangible assetsDepreciation of tangible assetsNegotiable securitiesGoodsFinished productsAssetsMaterialsClearing depositEmptiesSemi-finished productsa) Calculate the value of the stocks.b) Group the listed stock elements:1) . . . .írásbeli vizsga 06312) . . .3 / 162006. október 24.

Közgazdasági alapismeretek(üzleti gazdaságtan) angol nyelven — középszintNév:. osztály: .Question 3 (6 points)During the following 1 year, we invest our free financial assets of 1,000,000 HUF by fixing itin a bank for 2 months. The interest rate in the first 8 months of the year is 9% per year, and inthe following 4 months it is 12% per year.Does the annual interest earnings of the investment reach 100,000 HUF?Complete the calculations and the sentence with the missing relation sign.1,000,000 HUFx 1,0 .4 1,061,363 HUF x . . 1,104,242 HUFInterest earnings in examined period: .HUF 100,000 HUFQuestion 4 (8 points)The Company purchased a machine for 12,000,000 HUF 20% value added tax on 1 May ofthe year under review, and the machine was put into operation on the same day. The plannedresidual value is 2,000,000 HUF.The production line was placed in a plant registered at the value of 6,000,000 HUF, and thestarting up date for the plant is also1 May.The ordinary depreciation of the machine is calculated based on the rate of operation hours.The planned performance is 25, 000 operating hours, of which 2, 800 hours were performed inthe first year, and 3, 500 operating hours in the following year.The time-proportionate deduction for the depreciation of the plant building is made monthly,the planned usage time is 20 years.Determine the method of calculating the planned depreciation accounted for as costs. Youdo not have to calculate the values. In the year of activation. In the year following the activation.Question 5 (4 points)Underline four statements that are true for securities that are assets classified as liquidassets:Stocks, shares, interest-yielding securities.Within a year, the blocking period expires.Stocks, shares, interest-yielding securities, administered credit, fixed bank deposits.Stocks, shares, interest-yielding securities, administered credit, bank deposits.The aim of the business is durable income, control and influence.Stocks to be sold the following year.The aim of the business is realising stock market gainírásbeli vizsga 06314 / 162006. október 24.

Közgazdasági alapismeretek(üzleti gazdaságtan) angol nyelven — középszintNév:. osztály: .Question 6 (8 points)Compare the following forms of interviewing by writing two benefits and twodisadvantages. written interview – by postbenefits: .disadvantages: . written interview – in a newspaper, on consumer packagingbenefits: .disadvantages: . written interview - internetbenefits: .disadvantages: . spoken interview – by telephonebenefits: .disadvantages: .Question 7 (12 points)A plant of our company produced 2,000 pieces of products in March 2006.1,200,000 HUF worth of materials were used during production.The wage cost was 600,000 HUF, and wage contributions were calculated based on this.Choose from the following % values for wage contributions: 1%, 3%, 12.5%, 29%Operation costs were 600,000 HUF, of which 200,000 HUF were accounted for products.a) Underline the figures in the text above that are necessary to determine the productioncost of the product.Determine the measurement unit of production cost.Measurement unit of production cost: .b) List three areas in which the enterprise makes use of the calculated production cost. . . .c) Name the document presenting the methods of calculation of production costs atentrepreneurs.d) Write down the method for the calculation of the net wages paid for productionworkers if there is no fixed deduction and the amount of advance payment on personal incometax is 150,000 HUF.írásbeli vizsga 06315 / 162006. október 24.

Közgazdasági alapismeretek(üzleti gazdaságtan) angol nyelven — középszintNév:. osztály: .Part 2 (50 points)Question 1 (10 points)On 10 February 2006, Klára Kemenes, the cashier of our Company (name: Vasút Bt., address:1075 Budapest, VII. Dob utca 23. I/4.), following the instructions of head accountant EtelNemes, pays delivery employee Tamás Nagy (ID number: 2540701883) the sum of 151,150HUF from the cash office.Tamás Nagy will forward this amount by post to Levente Lehel, to his address: 5900.Orosháza, Gyopárosi sétány 22.Fill in the vouchers for the given situation:írásbeli vizsga 06316 / 162006. október 24.

Közgazdasági alapismeretek(üzleti gazdaságtan) angol nyelven — középszintNév:. osztály: .Question 2 (10 points)The following information is available on the production activity of the enterprise: Sales revenue is 6,230,000 HUF. The stock of unfinished products at the beginning of the year was worth320,000 HUF, and at the end of the year it was worth 460,000 HUF. The stock of finished products at the beginning of the year was worth 410,000HUF. During the period, we sold half of the opening finished product stock, and theentire amount of finished products produced during the period. During the period, the sum of costs incurred and accounted was 4 350 000 HUF. Our financial investment resulted 1,240,000 HUF interest income, and 750,000HUF yield on price. The annual interest on our credits was 670,000 HUF. Our corporate tax (16%) payables after the advance payment of 360,000 HUFduring the year, and after the declaration of income of 200,000 HUF, stillindicates payables to be settled (there was no tax base correction).a) Calculate the trading profit.b) Calculate the financial profit.c) Calculate the actual amount of tax liability and the results before taxation.d) Did the company have extraordinary profit? Please answer only with yes or no.e) Calculate the balance sheet profit/loss if we pay 1 500 000 HUF dividend to owners.írásbeli vizsga 06317 / 162006. október 24.

Közgazdasági alapismeretek(üzleti gazdaságtan) angol nyelven — középszintNév:. osztály: .Question 3 (5 points)Company data referring to salesYearsSold quantity (pieces)Product AProduct B4,0005,00020043,6005,3002005Selling price per unit (HUF/piece)Product AProduct B550560580540Calculate the following changes in %: change of sales turnover from 2004 to 2005. The change of sales turnover without changing the sales pricesQuestion 4 (10 points )Data on the change of headcount in our companyYearsAverage number of employees (head)21 – 3031 – 4041 – 5051 – 2202003294841182004354739222005Over 6154321a) Complete the table above with a row or a column, where it is necessary.Give the type of the edited table. .b) Calculate the ratios for the change of employee headcount in time and insert theresults in a statistical table.Calculations and statistical table:írásbeli vizsga 06318 / 162006. október 24.

Közgazdasági alapismeretek(üzleti gazdaságtan) angol nyelven — középszintNév:. osztály: .c) Evaluate in one sentence the change of employees in 2004 as compared to theheadcount in 2001 and 2003.írásbeli vizsga 06319 / 162006. október 24.

Közgazdasági alapismeretek(üzleti gazdaságtan) angol nyelven — középszintNév:. osztály: .Question 5 (15 points)a) Do the accounting entries for the following business transactions in chronologicalorder.1. The total accounted wage cost of the period is 9,000,000 HUF. The amount of wagecontributions payable by the employer is 2,610,000 HUF, the employee was debited 1,125,000HUF as payable contributions debt, and 2,760,000 HUF as advance on personal income tax.2. The bank notified employees about the transfer of 5,115,000 HUF payable wage debt.3. Materials purchase, the total of invoice is 7,680,000 HUF (6,400,000 1,280,000 VAT).4. Machines purchase invoice, a total of 20,000,000 HUF 20% VAT.5. The settlement of the investment contractor is performed from a long-term loan.6. We activate the machine.7. After activation, the accounted periodic depreciation is 2,000,000 HUF.8. Materials used for production are worth 1,200,000 HUF.9. Product sales at prime costs are worth 10,000,000 HUF, sales price is 12,500,000 HUF 20% VAT.ItemTextLog, .T invK invT invK invb) Describe the contents of the income settlement account.471. Income settlement/Payrollírásbeli vizsga 063110 / 162006. október 24.

Közgazdasági alapismeretek(üzleti gazdaságtan) angol nyelven — középszintNév:. osztály: .List of invoices1. Fixed assets11. Intangible goods12-15. Tangible goods12. Real property129. Depreciation of real property13. Technical equipment, machinery, vehicles139. Normal depreciation of technical equipment, machinery, vehicles14. Other equipment, machinery, vehicles149. Normal depreciation of other equipment, machinery, vehicles16. Investments, renovations17-19. Invested financial assets2. Stocks21. Raw materials22. Other materials23. Unfinished and semi-finished goods25. Ready-made products3. Receivables, current assets, accruals and deferrals31. Trade receivables (Customers)32. Receivables from associated companies33. Receivables from other related companies34. Bills receivable361. Receivables from employees37. Securities38. Current assets381. Cash384. Settlement deposit389. Transit account4. Sources41. Equity411. Registered capital412. Capital reserve413. Retained earnings419. Balance sheet profit/loss42. Provisions43. Subordinated liabilities44. Long-term liabilities444. Investment loans45-47. Short-term liabilities451. Short-term credits454. Accounts payable (Suppliers)455. Investment suppliers46. Taxes paid461. Corporate taxes paid462. Personal income taxes paid463. Budget payables464. Settlement of budget payablesírásbeli vizsga 063111 / 162006. október 24.