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Vocabulary --> Word review #5 Lesson 21-25 Financing and Budgeting

I. Choose the word that best completes the sentence:


1. I ............... some savings in my bank account before I made any investments in business.
A. buildup
B. build
C. building up
D. built up
Explain:


2. All the employees will benefit if the company′s ............... continue to increase.
A. profitably
B. profitable
C. profited
D. profits
Explain:


3. The ............... of the forms took much less time than we expected.
A. preparatory
B. prepared
C. preparation
D. prepares
Explain:


4. At the end of next week, all the division heads will meet to present one consolidated ................
A. budget
B. budgeting
C. budgets
D. budgeted
Explain:


5. After months of study and research, the ............... decided to put his money into new facilities and materials.
A. investment
B. investing
C. invested
D. investor
Explain:



II. Choose the word or phrase that best completes the blanks:

Dear Customer,
Our records show that you qualify for our new automatic mortgage payment plan. Under this plan, your monthly mortgage payments (1)............... from your savings account automatically. Now you no longer have to worry about making your payments on time! We do it all for you. You must maintain a sufficient (2)............... in your account to cover the monthly payments. If you are interested in participating in this plan, simply complete the enclosed form. Certain (3)............... apply to this plan, so read the explanation on the back of the form carefully. You may return the form in the enclosed envelope. Don't forget to sign it at the bottom. Your automatic deductions could begin as early as next month.


1.
A. deducted
B. deduct
C. are deducting
D. are deducted
Explain:


2.
A. balance
B. transaction
C. dividend
D. down payment
Explain:


3.
A. restrictions
B. restricts
C. restricted
D. restrictive
Explain:
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