WRITING Task 1. Choose an appropriate word to fill in the spaces. 1.The _______ sets up a complete system for recording and analyzing the financial affairs of an organization. a) bookkeeping b) audit c) management d) accounting 2._________ establishes policies and directs the operations of an organization. a) management b) auditor c) controller d) managerial accountants 3._________ accountants are paid a fee as a rule. a) private b) governmental c) public d) administrative 4. Managerial accountants deal with financial reports necessary to ______ . a) government b) management c) tax organization d) nonprofit organization 5. A_______ of the financial records of a business by an accountant is called an audit. a) record b) utilization c) review d) analyzing 6. Business ________ should not be planned without the proper analysis of the accounting information. a) advertising b) expansion c) expertise d) control 7. The accountant sets up a bookkeeping ________ . a) actions b) records c) transactions d) system