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

I. Choose the word that best completes the sentence:


1. Those ............... on my desk contain all the information we′ll need for preparing our taxes.
A. filed
B. files
C. file
D. filing
Explain:


2. 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:


3. One decision with tax returns is whether to ............... itemizing in favor of the standard deduction.
A. given up
B. give up
C. giving up
D. gave up
Explain:


4. I didn′t overpay my taxes this year so I didn′t get a ................
A. refunds
B. refund
C. refunded
D. refundable
Explain:


5. Most people get nervous when someone is ............... their books.
A. audits
B. auditing
C. audit
D. audited
Explain:



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

Wilson and Jones, Ltd. Accountants
We specialize in small businesses.
Are you having trouble reconciling your accounts? Do you need to improve your tax situation? Do you want to get out of debt and make your business (1)...............?
Wilson & Jones, Ltd., is a full-service accounting firm that can help small business owners like you with all aspects of your accounts. Our budget planning service will help you pay off (2)............... debts so that you can start accumulating savings. Our tax service provides tax planning assistance, tax return preparation, and preparation for audits. Our bookkeeping service guarantees that your accounts are always up to date. Call us today for an appointment. You'll be out of the red and free of (3)............... tomorrow.


1.
A. profitable
B. profitably
C. profiteer
D. profiting
Explain:


2.
A. turnover
B. outstanding
C. budget
D. client
Explain:


3.
A. debate
B. doubt
C. debit
D. debt
Explain:
Score: 0/10
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