Your taskFill in the gap in each sentence with the correct word or phrase.accountantassetsauditordeficitdividendsexchangeableexpenditureforecastinginterest-freeinvoicedlendloss-makingmortgagedprofitablequarterly0 / 15 answeredYour score0 / 150%Keep practising! Focus on the explanations below.1All clients must be within five business days of project completion. (INVOICE)2The board appointed an external to verify the accuracy of all year-end financial statements. (AUDIT)3The new subscription tier proved highly in its first quarter of operation. (PROFIT)4The executive team reviews financial performance on a basis, meeting four times per year. (QUARTER)5The development bank agreed to the project $5 million at a preferential fixed rate. (LOAN)6Capital on new manufacturing equipment fell 10% compared with the previous year. (EXPEND)7The department's projected budget was larger than the finance team had anticipated. (DEFICIT)8Strong annual results enabled the board to pay significantly higher to shareholders this year. (DIVIDEND)9The firm promoted its most experienced to Chief Financial Officer following the merger. (ACCOUNT)10Accurate sales enabled the operations team to manage inventory levels far more efficiently. (FORECAST)11The founders their personal property to raise the capital needed to launch the company. (MORTGAGE)12The group liquidated several non-core to improve its short-term cash position before the audit. (ASSET)13Customers purchasing over $500 were offered credit for the first twelve months. (INTEREST)14The board resolved to sell the subsidiary before the end of the financial year. (LOSS)15Under the terms of the agreement, all shares are freely within the first six months of issue. (EXCHANGE)Check AnswersPlease answer at least one question first.Found an error in this exercise? Let us know.