Exercise 10. Vocabulary. Part I

Look at the sentences, and then choose the best option to complete the sentences by clicking on the choices below. When you have finished, click on "answers" at the bottom of the page.

Questions 1-15.
1. Money used for small expenses in an office is called -
a. small change b. trivial money c. loose change d. petty cash
2. Money kept available for use, making change, etc is called the -
a. balance b. float c. measure d. readies
3. To turn a cheque into money, you have to ..... .
a. convert it. b. turn it over. c. countersign it. d. cash it.
4. Money might be kept in a -
a. cash box b. cashier c. coin sack d. cache
5. To prove you have purchased something, you need a -
a. receipt b. recipe c. refund d. referral
6. Measuring money paid in and paid out is called 'balancing the -
a. money.' b. ledger.' c. books.' d. debts.'
7. A colloquial form of 'to pay' is to ...
a. bleed over. b. nose up. c. shell out. d. dig in.
8. Writing your name to prove you have reveived something is called 'signing ... something'.
a. up b. for c. in d. over
9. A 'running total' is calculated ..
a. immediately b. at the end c. when needed d. after a delay
10. Money that you have and can use now is called cash in-
a. tap b. purse c. wallet d. hand
11. A complete financial check is called a/an -
a. audit b. assessment c. makeover d. deep scan
12. A book that is used to keep accounts is called a -
a. stock book b. log book c. ledger d. lodger
13. To give the latest information is to -
a. adjourn b. update c. predict d. news in
14. Coins in your pocket or wallet are called -
a. spare pennies b. pocket money c. loose change d. odds and ends
15. A written promise to pay a debt is called a/an -
a. pay note b. IOU c. Bob's in d. PtP

ANSWERS