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

I. Choose the word that best completes the sentence:


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


2. The accountant can review all the ............... of the financial statement with you.
A. details
B. detailing
C. detailed
D. detail
Explain:


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


4. The number of withdrawals at no charge from your savings account is ............... to three.
A. restrict
B. restriction
C. restricted
D. restricting
Explain:


5. Our business experienced a ............... fall in profits during the third quarter of the year.
A. typed
B. typically
C. typical
D. type
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. are deducted
C. deduct
D. deducted
Explain:


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


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