Budget meeting

"Réunion de budget"
French C1 writing exercise

Thomas and Greg are meeting to review their company's quarterly performance and adjust their strategy.

Pay attention to the hints!

Some vocabulary you may want to look up before or during this exercise: "to project [X money] in revenue", "a quarter (financial)", "to reach [something]", "so far", "worrying (something)", "a discrepancy", "[something] to raise concerns about [something]", "an annual target", "to manage to [do]", "to reduce [costs] by ...", "production costs", "to save [money]", "to invest [money] in [something]", "a marketing campaign", "to suggest that + [Subjonctif] ", "to decrease [something] by ..." , "administrative expenses", "to correspond to [something]", "to put [a strategy] in place", "to recoup [money]", "to focus on [doing]", "administrative expenditure", "even more [something]", "crucial", "the board (of a company)", "to approve [something]", "a budget plan".

I’ll give you some sentences to translate into French

  • I’ll show you where you make mistakes
  • I’ll keep track of what you need to practise
  • Change my choices if you want
Start the exercise
How the test works

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- For this quarter, we'd projected €3,500,000 in revenue but we've only reached €2,850,000 so far, a worrying discrepancy which raises serious concerns about our annual targets. - If we had managed to reduce our production costs by 15% as planned, we would have saved about €420,000. Plus, by the end of this year, we will have invested a total of 1,200,000 euros in our marketing campaigns. I suggest that we decrease the administrative expenses by 10%, which would correspond to 85,000 euros. - In that case, we must put a new pricing strategy in place. If we increase our product prices by 5%, we should recoup part of the money (that) we've already lost. - We must also focus on reducing administrative expenditure by at least 7%, otherwise we risk losing even more money. - That's why it is really crucial for the board to approve the new budget plan before the end of the next quarter.

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