00:01
Hey there, welcome to numerate.
00:02
We are asked to fill in the blank over here.
00:05
So let's go through each part.
00:08
So what we know here is that we have our first one here.
00:16
We have this one not being correct because we know that the independence is required for all the team members.
00:30
So hence our answer for your.
00:33
The audit partners and managers only, partners and managers only would be incorrect.
00:46
So again, being independent would mean that we require all audit members, not just the partners and not just the managers.
00:59
So audit team members.
01:09
All right.
01:10
Now let's move on to our second one.
01:12
So what we have for our second one is saying that we have independence includes the appearance of independence.
01:25
So this includes the appearance of independence.
01:34
So this one is going to be true.
01:40
Independence.
01:44
For the reason that including the appearance of independence will maintain public trust.
01:55
Public trust...