Question

    Directions : Identify the words that are similar in

    meaning to the phrase in bold. If none of options conveys the correct meaning, mark (E) as your answer. The options do not necessarily need to be grammatically correct. The company has been trying to cut back on expenses to stay profitable during these challenging times.
    A to restart Correct Answer Incorrect Answer
    B to increase Correct Answer Incorrect Answer
    C to reduce Correct Answer Incorrect Answer
    D to analyze Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    the phrase "cut back on expenses" means to reduce or decrease expenses. It implies that the company is making an effort to spend less money in order to maintain profitability during difficult circumstances.

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