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

I. Choose the word that best completes the sentence:


1. We went over our records carefully in order to prepare for the meeting with the ................
A. auditor
B. audited
C. auditing
D. audit
Explain:


2. Sometimes it is difficult to understand how the government ............... tax liability.
A. calculators
B. calculates
C. calculations
D. calculating
Explain:


3. There is a counter in the bank lobby where customers can ............... their documents.
A. signing
B. sign
C. signature
D. signed
Explain:


4. The stockbroker recommended investing some money more ................
A. aggression
B. aggressive
C. aggressively
D. aggressor
Explain:


5. It is usually advantageous for spouses to file their income taxes ................
A. jointly
B. jointed
C. joint
D. joints
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. deduct
B. deducted
C. are deducting
D. are deducted
Explain:


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


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