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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. realist
B. realistically
C. reality
D. realistic
Explain:


2. All employees are encouraged to ............... a percentage of their earnings to the retirement fund.
A. committed
B. commit
C. commitment
D. committing
Explain:


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


4. We felt ............... about applying for such a large loan.
A. cautioning
B. caution
C. cautiously
D. cautious
Explain:


5. The ............... figures for the next quarter will not be available until a week from tomorrow.
A. projects
B. projected
C. projection
D. project
Explain:



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

Smith & Johnson
Tax Preparation
We take away the headaches of tax time.
(1)............... your own taxes can be frustrating and often leads to costly errors in calculations. Are you ready to give up trying to fill (2)............... your tax forms on your own? Smith & Johnson Tax Preparation can help you! People who use professional tax preparers get larger refunds and avoid (3)............... for underpayment and missed deadlines.
Make tax time easier. Call us today. You owe it to yourself.


1.
A. Preparation
B. Prepare
C. Preparing
D. To prepare
Explain:


2.
A. up
B. out
C. through
D. in
Explain:


3.
A. peninsulas
B. penalties
C. penumbras
D. pennants
Explain:
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