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

I. Choose the word that best completes the sentence:


1. To create our financial strategy, our consultant took the experiences of similar businesses and ............... relevant outcomes to our situation.
A. translatable
B. translation
C. translated
D. translator
Explain:


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


3. Some parts of the tax code are so confusing that they need ................
A. translated
B. translate
C. translates
D. translation
Explain:


4. Every month my automatic car loan payment shows up as a ............... on my monthly statement.
A. deducted
B. deduct
C. deducting
D. deduction
Explain:


5. The projected financial statement demonstrated to Susan that her business had a ............... chance of increasing its profit over the next two quarters.
A. realistically
B. realistic
C. reality
D. realist
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. are deducting
B. deduct
C. deducted
D. are deducted
Explain:


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


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