...
(Write down the numbers (i) to (x) in your answer booklet and enter the correct word
against each number.)
(10 marks)
Look at the example.
Example: (0) accountants
Auditing is one of the most important tasks that (0)……….(account) perform.
It involves (i)………. (verify) information to assess the truth and accuracy of accounting
information, whether for internal purposes or external evaluations for tax and lending
institutions. To act (ii)………. (ethic) during an audit, an accountant should evaluate
numbers with the primary objective of (iii)………. (get) to the truth. There should be no
conflicts of interest, such as owning stock in the business and (iv)………. (stand) to gain if
the numbers portray operations in an advantageous light.
When a company hires an outside (v)………. (audit) to review its accounting data, it is the
job of that (vi) ………. (account) to be thorough and fair and to search for inconsistencies
even if these red flags will result in (vii)…….. (addition) work or create other problems
for the company. An (viii)……… (audit) accountant who works for a bank or government
agency should not be (ix)………. (sway) by personal (x)………. (feel) such as greed or even
sympathy, but should be concerned only with making sure that the numbers line up and
accurately express the company's financial activity