1.1 Good ....... procedures are very important if you want to run a business profitably and successfully.
(A) accounted (B) accounting (C) accounts (D) accountants
2.2 The company fell heavily into ....... when it took on too many customers and offered them all cheap warranties.
(A) debt (B) debts (C) owing (D) owes
3.3 Once you have built up your company, you must remember to keep in touch with your original ........
(A) people (B) contributors (C) clients (D) members
4.4 Each department within the organisation is given a ....... within which it has to remain for the whole year.
(A) sum (B) money (C) dividend (D) budget
5.5 When the time came to close the business down, its entire ....... had to be calculated so that the creditors
could be paid off.
(A) earnings (B) assets (C) accumulation (D) asset
6.6 The manager called in her chief clerk because she could not ....... the figures on the monthly spreadsheet.
(A) acquaint (B) resolve (C) reconcile (D) recognize
7.7 Every year the college finance officer did not look forward to the visit from the government official who came to
....... the accounts.
(A) order (B) regulate (C) control (D) audit
8.8 It was a great relief to Charlie when he realized that he had come to the end of his agreement with the bank
and there was only one ....... payment left.
(A) extraordinary (B) upstanding (C) outstanding (D) standing
9.9 The building society sent a letter to all its savers and ....... that there would be a reduction in the interest rate.
(A) lenders (B) borrowers (C) loans (D) takers
10.10 Shortly after the couple had bought their first house, they saw the number of bills ....... rapidly.
(A) accentuate (B) aggravate (C) accumulate (D) access