The Office - Out Of Control Spending (C0013)

 The Office - Out Of Control Spending (C0013)

A: OK, so now the last point on our agenda. Jill, let’s go over the profit and loss statement.

B: Great. Well, the main issue here, as you can see, is that our expenses are through the roof.

A: Let’s see... These numbers are off the charts! What’s going on here!

B: Well, um, sir, the company expenditures on entertainment and travel are out of control. Look at these bills for example. Just this month we’ve paid over twenty thousand dollars for hotel charges!

A: OK, thank you. I’ll look into it.

B: The list goes on and on. Here, this is a bill for five thousand dollars for spa treatments!

A: Thank you; that will be all. I’ll take care of it.

B: Look at this one sir, eight thousand dollars were spent in one night at a place called ”Wild Things”?!

A: OK, I get it!! Thank you for your very thorough analysis!

Key Vocabulary

go over 

phrase 

revise, check 

through the roof

phrase 

suddenly very high

off the charts 

phrase 

very high

expenditures 

common noun, plural

amount of money spent on something

out of control 

phrase 

not in control

look into 

principle verb, Will Future

investigate, try to get information about something

go on and on 

phrase 

continues

take care of 

principle verb, Will Future

do something about

Supplementary Vocabulary

revenue 

common noun, nonvariable

amount of money paid to a business

cash flow 

common noun, nonvariable

the movement of money into and out of a business

the bottom line

phrase 

the net profit; the amount of money a business makes after expenses

finances 

common

noun, nonvariable

the amount of money you have and how well it is organized

income 

common noun, nonvariable

the amount of money a person or a company makes

assets 

commonnoun, plural 

things of value that areowned by a company