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

I. Choose the word that best completes the sentence:


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


2. Is it ............... to consider funding a new project when we haven′t even seen the returns from the last one?
A. wise
B. wisely
C. wisest
D. wisdom
Explain:


3. I′m going to call the bank manager ahead of time to make certain that she will ............... a personal check to start a new account.
A. accept
B. accepted
C. acceptable
D. acceptance
Explain:


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


5. According to my ..............., we owe a lot of money in taxes this year.
A. calculated
B. calculations
C. calculate
D. calculators
Explain:



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

Many people use the services of an accountant to help (1)............... their tax forms. They consider it well worth the money. An accountant can help you avoid (2)............... for underpayment of taxes and, in general, ensure that your tax form has been filled out correctly. But remember, accountants have deadlines too. Be sure to give all your tax information to your accountant early, then you can be sure that your taxes will be ready to (3)............... on time. No one wants to pay a fine for sending in their tax form too late.


1.
A. preparer
B. preparatory
C. prepare
D. preparation
Explain:


2.
A. pendants
B. penitents
C. penalties
D. pennants
Explain:


3.
A. invest
B. budget
C. fund
D. file
Explain:
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