Final answer:
The correct answer is 'audit, financial' which means an audit is an examination of an organization's financial records to assess its financial health.
Step-by-step explanation:
An audit is an examination of the financial records of an organization to determine whether the records are a fair representation of the actual financial health of the organization. The correct answer to fill in the blanks for the given statement would be option 1) audit, financial. Auditors typically review various financial statements including the balance sheet, income statement, and cash flow statement. Their goal is to ensure the accuracy and validity of the financial information provided, thereby giving confidence to investors, stakeholders, and management. An audit can be conducted on both hardcopy records, as seen in FIGURE 2.10 where a researcher is doing archival research, or they can be performed electronically.