Choose the one word or phrase that best completes the sentence and fill in the appropriate answer above.
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-
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-
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-
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-
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-
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-
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-
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-
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-
Shortly after the couple had bought their first house, they saw the number of bills ......... rapidly.