Topic: English for Accounting 6

An exercise to help you learn & practice accounting, bookkeeping, and other vocabulary for financial record keeping, while polishing your grammar skills. Although it's meant for ESL students, it'll be useful to anyone who wants to practice this specialized vocabulary.

Choose the best response to complete each of the sentences below.

1. The partners of the accounting firm gathered in Tampa for their _________________ meeting.
  annual
  annul
  annually

2. His last company owes millions in _________________ taxes.
  unpaid
  paid
  not paid

3. Tax _________________ help wealthy investors hide millions of dollars in taxable income.
  hideouts
  sheds
  shelters

4. Lawyers or accountants who work in the same firm are often referred to as _________________, not "employees".
  buddies
  partners
  workers

5. My accountant advised me that this approach would be much more _________________. ( = profitable)
  rich
  lucid
  lucrative

6. I would welcome an opportunity to analyze your company's __________________ ( = financial records) in detail.
  books
  bookkeeping
  booked

7. He's one of our __________________ clients. = He hired us to do audits for his company.
  audit
  audible
  odd

8. CFO stands for "chief __________________ officer".
  financially
  financed
  financial

9. I'm not questioning your tax __________________. I just think that this approach would not work for our company.
  strategic
  strategy
  layout

10. Microsoft __________________ nearly 60% of its total United States revenues from software sales.
  drives
  derives
  derides


CHECK ANSWERS

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