BEC-2 Test 1

　　Reading

　　Part One

　　Question 1-7

　　Look at the statements below and the information about training courses on the opposite paper.

　　Which course (A, B, C, or D) does each statement 1-7 refer to?

　　For each statement 1-7, mark one letter (A, B, C or D) on your Answer Sheet.

　　You will need to use some of these letters more than once.

1. This course is for people with little or no experience of the topic. 2. You will learn what a lender can do if a company does not repay a loan. 3. Companies can decide where their employees will take the course. 4. You will learn to assess whether a business can pay back the money it owes. 5. This course will help you to deal with the paperwork involved in processing loans. 6. You will look at the legal aspects of hiring equipment. 7. This course will concentrate on the laws that apply when a business borrows money.

　　A Loans Administration

　　This course looks at the administrative functions of a bank's loans department, e.g. dealing with credit applications and keeping records of loan transactions. We will use real application forms of the type that administrative staff in loans departments regularly handle. It will be particularly useful for experienced staff with day-to-day administrative responsibility for loan portfolios. Although most clients choose to enjoy our beautiful premises, the course can be run at the client company or elsewhere.

　　B Cashflow Analysis

　　On this advanced course you will build up a database of a company's cashflow over time and identify and interpret patterns of change. You will analyze the cashflow of a few sample companies and use your analysis to judge their ability to settle their debts. This course will help you perform an advanced cashflow analysis of your own company.

　　C Loan Contracts

　　Open to anyone who completed our introductory course to legal contracts in business, this course looks at the legal principles involved when a company takes out a loan; and outlines how to take legal action against a company that defaults on its repayments. You will compare the interests and responsibilities of both parties to a loan contract.

　　D Leasing & Asset Finance

　　This is a course for those new to leasing. It will provide you with a basic understanding of why companies prefer to lease property or machinery, rather than buy. You will learn about both the expenses and tax benefits of leasing and you will study a variety of lease agreements and the laws relating to them.