In any planning system, from the simplest budgeting to the most complex corporate planning, there is an annual process. This is partly due to the fact that firms (19).......their accounting on a yearly (20)......., but also because similar (21)....... often occur in the market.

　　Usually, the larger the firm, the longer the planning takes. But typically, planning for next year may start nine months or more in advance, with various stages of evaluation leading to (22)....... of the complete plan three months before the start of the year.

　　Planning continues, however, throughout the year, since managers (23) ....... progress against targets, while looking forward to the next year. What is happening now will (24)....... the objectives and plans for the future.

　　In today's business climate, as markets constantly change and become more difficult to (25)....... , some analysts believe that long-term planning is pointless. In some markets they may be right, as long as companies can build the sort of flexibility into their (26).......which allows them to (27).......to any sudden changes.

　　Most firms, however, need to plan more than one year ahead in order to (28).......their long-term goals. This may reflect the time it takes to commission and build a new production plant, or, in marketing (29)....... , it may be a question of how long it takes to research and launch a range of new products, and reach a certain (30)....... in the market. If, for example, it is going to take five years for a particular airline to become the (31)....... choice amongst business travellers on certain routes, the airline must plan for the various (32)....... involved.

　　Every one-year plan, therefore, must be (33)....... in relation to longer-term plans,and it should contain die stages that are necessary to achieve the final goals.

　　19 A make up B carry out C bring about D put down

　　20 A basis B grounds C foundation D structure

　　21 A distributions B guides C designs D patterns

　　22 A approval B permission C consent D decision

　　23 A value B inspect C review D survey

　　24 A command B prompt C influence D persuade

　　25 A guess B speculate C reckon D predict

　　26 A operations B techniques C measures D exercises

　　27 A answer B respond C counter D reply

　　28 A move B lead C develop D benefit

　　29 A expressions B descriptions C words D terms

　　30 A reputation B position C situation D influence

　　31 A desired B selected C preferred D supposed

　　32 A acts B steps C means D points

　　33 A handed over B drawn up C made out D written off

　这篇文章是关于公司计划的(planning)，做计划时的过程和需要考虑的一些因素。

　　全文的第一句话说公司做的决定是一个年度过程(annual process)。接下来谈到原因。19题，make up是组成、捏造、化妆的意思，用在这里和accounting搭配不上;carry out是执行(to do something that needs to be organized and planned);bring about 是带来，使发生(to make something happen);put down 放下，镇压。从意思上看，应该选B，carry out。